How Will the Poker Site Fiasco Affect Pool?

Would someone elaborate on this.

An acquaintance who owns some of these machines told me he can adjust the pay out level with a switch in the back. When he first put his machines in his business the pay out was 70% to customer and 30% to the house, a month or so later it is gradually reversed.

Is this true?
 
streaming pool online is great for players who cannot make it to events and tournaments,do any azers think that streaming slows down the physical turnouts for events and tourneys?just a thought.
 
Competition, in the long run, is a GOOD thing and makes every business better...or it ceases to exist.

Competition in the same business is a good thing. Competition between different businesses is not nesessarily so. Having 5 companies making movies competing against each other? Good thing for the movie industry. Having those companies competing against video game consols? Not so good for the movie industry.
 
Who's better?: the guy who practices alone in his basement or the guy who goes to the hall and gets his ass beat by the better players over and over?

In the long run I would put my money on the 2nd guy. But that's a big derail. :D
 
The poker sites have been ROBBING the public since 2006 when they began initiating ROBOT players to fill out the games. The robot players were originally programmed to not win, but to lose, lets say $1 an hour. That way they couldnt be accused of cheating, but in reality they are increasing their cut by about 10% an hour.
For example: in a ring game of 10 players each putting up $110 with $10 of the hundred going to the house that should leave $1000 available for the players to win. That amounts to a 10% chop. Bad enough. A ring game usually takes around, or under an hour. If there is one robot in the game and it is programmed to only lose $1 an hour that means that his contribution to the total pot is only $1. So now the total pot to be chopped up is only $901 which amounts to a further chop of almost another 10% for a grand total of 20%. A 20% chop would stop an artillery shell. Now that is with one robot in the game. More can be added.
Plus, in the big tournaments with hundreds of players, the robots never win the tournaments but they do come in 4th, 6th, 12th, etc., and drain off money a real person could have won.

It was possible to win before the robots were introduced. But now it amounts to highway robbery and they have been doing it for years. How are all those guys that were killing the games in the early days been doing lately? Many are probably too embarrassed to admit that things have gone sour.

The sites do even more evil than what I have just shown, but I hope I have shown enough to make the point.

Beard

I got woke up by a guy, a top poker player, who tried to put a site together that didnt make it and went under. He was just bad luck. Everybody else made billions.

I found out about these robots in early 07, Only play live since.
 
Competition in the same business is a good thing. Competition between different businesses is not nesessarily so. Having 5 companies making movies competing against each other? Good thing for the movie industry. Having those companies competing against video game consols? Not so good for the movie industry.

I meant good for all Persons.

Travel competition, when it actually existed in America, was good for all Persons but bad for the buggy whip industry (filled with Persons who, on net, benefited more from the outside competition, too).

Jeff Livingston
 
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