TrailerPark
Enthusiast
Silver Level
From what i have read is poker stars will be licensed out of a N.J. casino and will be open to the U.S. in the near future. So if this happens it will be on once again
Texas Hold'em exploded in 2005-2006. Is it dead now? What happened since?
R3DRANG3R
Rock Star
Silver Level
From what i have read is Poker Stars will be licensed out of a N.J. casino and will be open to the U.S. in the near future. So if this happens it will be on once again
near future? not good enough! i need an exact date lol
Chronical23
Rock Star
Silver Level
OzExorcist
Broomcorn's uncle
Bronze Level
I don't necessarily think that's true - or at the very least it's not the whole story.
Don't get me wrong, the US government's anti-gambling stance has certainly put a big crimp on things. But even without that I think we still would've seen at least a small decline from the level things were at in the 2003-2006 boom years. As I mentioned above, at that time poker was a "cool" thing to be doing, and I don't think that's necessarily the case any more. The trends have moved on.
Absolutely there's more people playing the game now than there were pre-boom but it was always going to come back down to some extent, interference from governments or not.
Dorugremon
Rock Star
Silver Level
pfb8888
Legend
Silver Level
i bet it opens before we get any full tilt moneyFrom what i have read is Poker Stars will be licensed out of a N.J. casino and will be open to the U.S. in the near future. So if this happens it will be on once again
hobonc
Visionary
Silver Level
Black Friday certainly gave online poker a black eye (pun intended) but I doubt it decreased it's enthusiasm, be it H/E or any form. So yea, it most likely has had a peak per sey, but it was artificial in that it was forced as opposed to being from a wane in interest. If my opinon is right, a lifting of the ban would cause the level of play online to reach that peak again. It would also lift the stigma that was attached to it pre-BF and could very well reach new heights. Especially when poker sites are able to market/advertise in a laissez faire environment. As far as brick and morter casinos...they all are enjoying increased activity. The Moneymaker effect at first, and then the US ban have increased this. As for the wsop, the numbers were up last year with the exception of the main event because of the lack of satellites that OLP provided. They even had tables in the hallways at the RIO to accommodate players.
TrailerPark
Enthusiast
Silver Level
While i was at the park with my son this thread crossed my mind and it ocurred to me that maybe after the "big boom" and the Chris moneymaker miracle,millions of people dived into it thinking easy money,but when it came down to it,it actually takes a certian amount of skill,patience,and down right dedication to be a winner in this game.Once people realized that it wasnt going to come easy they started dropping off,could that be a possiblity?
A2345Razz
Legend
Silver Level
As someone who had a little interest in poker before the Boom, played very seriously from 04 to 07...and has come back since 2010, I feel uniquely qualified to comment because all this happened in my 20s which means I had a lot of free time, friends and disposable money to burn on things like poker/trips to Vegas.
Lets start with what we know is true:
1) The Main Event numbers peaked in 2006 at the height of the real estate bubble and 3 yrs after Moneymaker was plastered all over ESPN's coverage. That year the UIEGA was passed and the super casual players did-to some extent-leave online/satellites leaving 07's numbers ~30% down...
THIS WAS AFTER MORE THAN TENTUPLING (SP>? LOL) IN THE PRECEDING 3 yrs.
Ok, that was irrefutably an inflection point in DOMESTIC poker growth as the WSOP skews towards domestic popularity to a large extent.
Since 07 weve seen very stable ME fields, but MANY MORE INTERNATIONAL players coming from Europe and even elsewhere. So, logically there has been a slight/middling decline in turnout from the US market.
Also, although there are many more places to play live poker now, much of that is a product of the broke states scrambling to open casions in general...not some explosion in demand for live poker. Of the 5 closest cardrooms to me 4 are basically mini rooms where 1-3 tables of 1-2 go on 90% of the time...and they might offer a 40 man donkament every week or 2wice a week.
That isn't explosive growth as some see it...that is dilution and more gambline establishments in general. Some have chosen to offer low limit NLH and horrible structured/vigged NLH tournaments for a few dozen people......is that organic growth, no.
Also, poker shows had lower ratings than many on here would let on...so low many had to be subsidized by OLP sites and were de facto infomercials for OLP sites.
Now, I enjoyed these shows in many cases...but public was never/is not clamoring for a tonne of poker programming...and hasnt for yrs now. If there was organic demand for poker programming, GSN's HSP would never have left the air as it was by far the finest poker on tv/closest to what real players experience in casino/home game ring action.
Poker is in fact in decline in the US, but still mushrooming in parts of Europe like germany. Unfortunately, there isn't the numbers and money in Europe at this point to buoy poker as a whole and we are seeing a slow drop in poker action worldwide. The fact ROW poker play cannot even support two main sites anymore is further evidence that the marketplace is slowly imploding.
I think legalized poker in the US plus a more generous rake back system along with limitations on mass tabling COULD help push the clock back a bit, but im not sure Stars(the de facto leader in OLP) is prepared to make those hard decisions once competition heats up for the US market.....
Smaller edges and less new blood mean the rake as it is structured now is simply unsustainable...
Lets start with what we know is true:
1) The Main Event numbers peaked in 2006 at the height of the real estate bubble and 3 yrs after Moneymaker was plastered all over ESPN's coverage. That year the UIEGA was passed and the super casual players did-to some extent-leave online/satellites leaving 07's numbers ~30% down...
THIS WAS AFTER MORE THAN TENTUPLING (SP>? LOL) IN THE PRECEDING 3 yrs.
Ok, that was irrefutably an inflection point in DOMESTIC poker growth as the WSOP skews towards domestic popularity to a large extent.
Since 07 weve seen very stable ME fields, but MANY MORE INTERNATIONAL players coming from Europe and even elsewhere. So, logically there has been a slight/middling decline in turnout from the US market.
Also, although there are many more places to play live poker now, much of that is a product of the broke states scrambling to open casions in general...not some explosion in demand for live poker. Of the 5 closest cardrooms to me 4 are basically mini rooms where 1-3 tables of 1-2 go on 90% of the time...and they might offer a 40 man donkament every week or 2wice a week.
That isn't explosive growth as some see it...that is dilution and more gambline establishments in general. Some have chosen to offer low limit NLH and horrible structured/vigged NLH tournaments for a few dozen people......is that organic growth, no.
Also, poker shows had lower ratings than many on here would let on...so low many had to be subsidized by OLP sites and were de facto infomercials for OLP sites.
Now, I enjoyed these shows in many cases...but public was never/is not clamoring for a tonne of poker programming...and hasnt for yrs now. If there was organic demand for poker programming, GSN's HSP would never have left the air as it was by far the finest poker on tv/closest to what real players experience in casino/home game ring action.
Poker is in fact in decline in the US, but still mushrooming in parts of Europe like germany. Unfortunately, there isn't the numbers and money in Europe at this point to buoy poker as a whole and we are seeing a slow drop in poker action worldwide. The fact ROW poker play cannot even support two main sites anymore is further evidence that the marketplace is slowly imploding.
I think legalized poker in the US plus a more generous rake back system along with limitations on mass tabling COULD help push the clock back a bit, but im not sure Stars(the de facto leader in OLP) is prepared to make those hard decisions once competition heats up for the US market.....
Smaller edges and less new blood mean the rake as it is structured now is simply unsustainable...
ChronicFish
Rock Star
Silver Level
Its coming back slowly but surely, soon as more US players realize you can do it and get pay out with getting ripped, some of those FT,AB players got shafted didnt they? i wouldnt play anymore if that happen to me tho lol.
