Hi folks,
Online poker is dead. Did it finally happen? This statement has rumoured for such a long time but did the inevitable happen? I'm honestly asking your thoughts and opinions.
I haven't been an active poker player for a long time now but poker always had my interest and I have played many MANY hours so let's assume I know a thing or two about the game.
Somehow I decided to join the tables again recently. But man... what is going on here?
With proper bankrollmanagement and all the things I've learned I sat down at the lowest micro limits excited to get my cards dealt. It didn't took long to notice how people are so TIG and playing near perfect poker. No crazy maniacs no real fish. All regulars it feels like who are playing ABC poker probably mulitabling. It feels like there's no real edge anymore everybody has become more than decent at this and therefore luck is becoming increasingly important.
I was kind of expecting the game to be changed somewhat but this is worse then I thought. Picking up small pots with my monsters here and there. No realy big mistakes where made by anyone so eventually it was basicaly more then an hour of small amounts of chips moving back and forward. Unless you are super committed and have a real professional approach but then again it's not worth the time and effort anymore since the reward is too small. Maybe when you focus on tournament play with still some nice prize money but these have always been tricky and very time consuming and always a signicant factor of luck (much more then good old cash games) At higher stakes I assume things are even worse with the fish completely extinct by now. I once read someone who summarized it very accurate in one sentence: If sharks don’t have enough fish to snack on, you know what happens? They eventually start to feed off each other.
I noticed even many pro's quit online poker by now because it's just not rewarding anymore. Factor in that many people are restricted to play online by the law's of their country which leads to smaller player pool and even more decreasing amount of fish.
Another thing I notice is the increasing amount of flip games poker sites offer. It litteraly is gambling coinflipping and has nothing to do with poker or skill anymore. Just what we needed..more -EV opportunities.
On a different note but something I never understood about the pro's you see at those televisioned games either. They are playing huge pots against eachother while the difference of skill level is really small. They are obviously all very good at what they do. Why would they battle eachother. Or maybe they get paid to get filmed and that's the real +EV for them not so much the games itself. That would make sense I guess. Otherwise they are so mcuh better of playing the local casino and online.
So am I missing something? Any further thoughts? People still make a decent profit perhaps thanks to volume and rakeback? Anyway thanks for reading my post, this needed to get off my chest. Hope to get some reactions.
Good luck and have fun!
VS