The future of online poker

Iceman2120

Iceman2120

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We all seem to have our own opinions to the future of online poker. We are having a Merge Network meltdown these days it seems. So my answer to this question is until it is legalized in the U.S. again we will never feel really safe in the online poker world. The downfalls of it getting legalized in the states is...it will depend on to what extreme will the Government/IRS be involved.
 
ScottieDuncan

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Agree, totally. The government will eventually come up with a way to get their hands on some of the stakes.
 
BLACKSTACK

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as long the gov taxes are not ridiculously high,im for it,i miss those huge tourney fields back in the days :(
 
starting_at_the_bottom

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Such a pity that for whatever reason the US Govmnt has decided to ban online poker.

Hoping that the UK does not go the same way
 
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TIMNILES44

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If its like anything else the us gov. does the taxes will be mind boggling,they also seem to mess up a good thing
 
jazzaxe

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It is all about $$. If the US can get their hands on tax $$ they will allow it.
 
dj11

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There is no ban by the Federal government regarding online poker. They enacted laws (UIGEA) making it difficult to fund our online accounts, but not impossible. They also made it look like a legal quagmire that existing OLP (online poker) sites prefer to avoid from a legal POV.

How it might/should probably be:

When we deposit, the state adds normal sales tax to the deposit. In L.A. County that will be about 10%, divied up between the city and state. I also think they should be doing that for Lotto tickets. However, states would be free to allow for multi-state gaming pools. I would prefer to think they could join International player pools, but for a while that might be a stretch as far as what the states want to legislate.

At the state level, there will be no income taxes, because we all pay taxes on our indulgence up front. At the Fed level, normal income taxes will apply, subject to all the deductions that a normal business might use.

Which leaves only a few items unresolved; how to prevent underage players, and gambling addicts.

However, there are those Special Interests. B&M Casino's and the Indian Gaming cartel.
 
JOEBOB69

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So 10% sales tax on deposits,Fed income tax on winnings, and rake through the site.....
 
imafin

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my biggest fear also is the state and federal gov. will take a good thing and ruin it. kinda like everything they seem to touch these days.
in my state of california they originally thought the idea of pooling players between several states via nevada was a good idea. but give politicians and special interests groups mostly the indian casino lobby some rope and yep, they'll ruin it. a already tax crazed state hungry to fill cofers would chase me away.
 
dirtyoldog

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Ya its scary im sure theyre thinking of a way to tax it.But once they do tax you coming and going plus the sites cut your gonna have to make some good dough to make it worth jumping through the hoops.I would like it to be regulated in the sense of nowing that the cards are random and that there are no bots in real money games and knowing the guy next to me cant see the board preflop which im sure all this goes on now.But it would be real nice if we had some more options than what we have now
 
dj11

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The curious case of California and Nevada.

Las Vegas would not exist if it weren't for Los Angeles, Ca. Carson City/Reno would be the major center in Nevada, mainly because it is on the major train lines between the Pacific (in San Francisco) and the rest of the country. But then the Hoover Dam was built with L.A. being the seriously major beneficiary, and then the mob creating gaming that Ca. had not legalized.

Post WWII, a symbiotic relationship developed where Las Vegas grew, and the weekend buses there were full (1950's-1970's). This was the real boomtime in Vegas.

California had lowball and draw during those years, but only in specialized clubs. I remember one between the San Fernando and Simi valleys, perched at the peak above Spawns Ranch, which Charlie Manson was soon to make famous. The others were in Hawthorne, sort of southwest L.A. and the Commerce Club, and Bicycle club. But they only offered California sanctioned poker games.

Well the poker players in the (California) world wanted more so they packed them buses and drank their way to Vegas Weekends. Those buses were often free, paid for by the Casino's and from the stories I have heard, they were a blast.

So there is a basis for the co-operation between Ca, and Nv to work out a combined player pool for OLP. Thing is I think the B&M casino's in Vegas believe they can dictate the conditions for allowing Ca player to join, when in fact Ca should have the upper hand because we have the player pool that will make or break the Vegas OLP games.

We have a very well established Indian Gaming faction in Ca. I think perhaps that those Nv casino's fear them some. But the Ca Indian's, so far, have not announced anything significant regarding OLP.

Thing seems to boil down to Ca. having moralists, and NV having an ethic's based philosophy, (offering perhaps one of the better examples of the difference between morals and ethics). Moralists tend to want to guide the lifestyles of the populace, whereas ethics just says do whatever you do fairly.

But, the Ca. politicains can't get there butts off the ground and do anything. This is amazing considering the whole state is Democratic (mostly), who in general tend to be more ethical than moralistic.

Lets assume that 2 years from now, after the ship has sailed, those politicians finally wake up, and the Ca. Indians make a proposal for OLP and something happens. This would be after megabucks were spent by the Nv Casino's against anything Ca. might do. But, again assuming, Ca. 'legalizes' it for all existing Ca. Casino's. At that point, I would guess that Nv sites would welcome Ca. players but the state might decide to disallow it (except for all those megabucks that were spent on lobbyists and politicians), instead inviting Nv players to participate in Ca. games. They dick around for a few years, and finally decide that OLP firms from either state can compete with the combined player pool, which might be the biggest single player pool in the world by then.

In the end, the winners will be the ones with the best software.

After scrambling around for software, the winner will be the OLP site that has the software most like what we had pre BF. Which would be Stars or FT like in functionality, and ad free. It will not be subscription based.
 
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cliff67

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i have no problem with the government taxing my winnings... it's the same as hitting it big on a slot machine... your gonna get taxed no matter what. as for the future of online gaming i think it's here to stay no matter how hard the U.S. government makes it to fund your account, those who want to plat will find a way to to. as for me i see nothing wrong with online gaming, it's my money i work for it.. if i want to play a good game of cards with it it should be my right to to so...
 
bryan24

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Personally I have not stopped playing OLP since BF ( I live in Cali). There are still sites available to play for those of us that are less addicted than some others. I will agree that I miss the big tournament fields at pokerstars/full tilt but have no doubt that once the crooks in washington figure out how much money they can take from us we will once again be back where we were pre BF.
 
Jblocher1

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Hopefully online poker will be legalized very soon and we can all go back to feeling safe like we were before
 
rawbad

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chill pokerfans its going to be legal yesterday i took a few minuetes to see whats happing in us there going to make it legal state to sate it looks like and of couse tax it we will have it and most likely 2013 SO CHILL AND KEEP FINGERS CROSSED
 
wagon596

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Seems that the "Good Ole Boys" in D.C. can't touch anything without it going to hell. Sometimes I wonder how intelligent these people are. I'm 66 years old and hope I'm around long enough to see some positive changes in the on-line poker world. Take care..
 
shadow451

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I believe they will have a solution eventually. The problem is, it will most likely be taxed very heavily. I just hope it is not overboard to the point where it makes it not worth playing.
 
Poker Orifice

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Ya its scary im sure theyre thinking of a way to tax it.But once they do tax you coming and going plus the sites cut your gonna have to make some good dough to make it worth jumping through the hoops.I would like it to be regulated in the sense of nowing that the cards are random and that there are no bots in real money games and knowing the guy next to me cant see the board preflop which im sure all this goes on now.But it would be real nice if we had some more options than what we have now
seems to be a re-occurring theme in your posts. :p
 
cat24550

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Is really no different than selling their lottery tickets, still gambling although the govt will say it is not
 
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I just want to be able to play and not wait 8+weeks for a payout.
 
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LukeSilver

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why dont you guys just find friends in other countries instruct them what to do over skype and give them money to gamble as per ur instructions whilst screen sharing and telling them what to do etc.

then they can cash out and send you money via weston union.
 
TakinOver

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why dont you guys just find friends in other countries instruct them what to do over skype and give them money to gamble as per ur instructions whilst screen sharing and telling them what to do etc.

then they can cash out and send you money via weston union.
Then they cash out and flip me off on skype and head out to by beer or dank. J/K.. I wouldnt trust nobody. In the world were in, poker will most like not be worth playing online. Someone mentioned rake, taxes and 10% sales tax on deposits. Yeah !!! Sounds about right. Not worth it. Sad government. I learned the government means mind control and there the best at it. So dream until your dream comes true but dont let them know cause they will play major head games and you got no chance at winning. Government wins always. Soon this whole place will crash and we will have nothing. Not even a gun to defend our self. I wish for the same legal legit poker but ha.. I give up.:bawling:
 
CAMurray

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Here in Nevada when they throw the proverbial switch next month launching real $ games again within the state, I have heard they will just have a players info on file and issue the W2 via email upon a win over $5,000. Short of that iits your responsibility to report. If your visiting from out of state and do not want to provide your details, they will take 28% of your winnings report it as such.

;
 

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