In the past week or so online poker has taken another blow and this one has me more worried. About a week ago the two heads of Neteller (the leading third party that arranged transfers from banks to online poker sites) were arrested and charged with money laundering. A day or two after, Neteller stopped transactions to and from all gambling websites. Shorty after, a few other businesses that did roughly the same thing also stopped serving U.S. customers.
There are still a few ways to get your money in and out, but most of them involve a long wait instead of the instant transfers. I've had the websites mail me regular checks in the past and it's as easy as pie, but I can't see too many people making deposits via western union or money order. I suspect that pretty soon the games will start to dry up as the casual players decide that it's not worth the hassle.
While it felt for a while that the law that passed would be generally neglected, it now seems that it has some teeth. If I had to put a time table on it, I would say that by the end of the year online poker may cease to exist as we know it.
But, I'm feeling strangely fine. I'm going to try to spend most of next month back at the Oaks club and see how much I can make. I don't know how sharp my limit cash game skills are, but I used to kick ass a few years ago when I wasn't nearly as good of a poker players as I am now. And I've heard the players are much worse now than they used to be so hopefully I'll dominate from the start.
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1 comment:
Your sister has a few questions, in light of this post. 1) Does this mean the big carrot is moot? 2) If you play in person, will you play for higher stakes, since you'll be forced to play less hands per hour? 3) Once you've established a reputation in person, are you worried that people will start running for the hills once they see you heading for their table? As in, "It's Dave Huff! We can't beat him! Ahhh!" It sounds funny, but it's actually a serious question.
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