4 ms·
In 2006, you actually could fairly easily make $85K in a year playing poker. Not anymore, though, and not for the past few years.
by Nate75Sanders 14y ago
In 2006, you actually could fairly easily make $85K in a year playing poker.
Not anymore, though, and not for the past few years.
- stuff4ben 14y agowhat happened after 2006 that caused the dropoff in payout?
- deleted 14y ago[deleted]
- stevenwei 14y agoUIGEA [1]. It basically killed the entire U.S. online poker market. And what little that remained was destroyed by Black Friday [2]. It certainly was possible (with a little bit of study) to make $85k/year playing online poker back then, but those days are long gone. [1] http://en.wikipedia.org/wiki/Unlawful_Internet_Gambling_Enforcement_Act_of_2006 http://en.wikipedia.org/wiki/Unlawful_Internet_Gambling_Enfo... [2] http://en.wikipedia.org/wiki/United_States_v._Scheinberg http://en.wikipedia.org/wiki/United_States_v._Scheinberg
- Nate75Sanders 14y agohttp://en.wikipedia.org/wiki/Unlawful_Internet_Gambling_Enforcement_Act_of_2006 http://en.wikipedia.org/wiki/Unlawful_Internet_Gambling_Enfo... That scared off a lot of the fish, plus, in mid-2007 (I think?) the biggest payment processor, Neteller, got busted by the US Attorney's Office (I hope I'm remembering all this correctly), which made it so that even the fish that were left around couldn't keep re-filling their accounts. Also, there was a wealth of information about how to play by 2006-2007 and there were a lot more absolute numbers of good players which, with the decreasing supply of fish led to a much higher concentration of good players. From early 2006 to early 2008, the game had changed so dramatically that it was guys who used to crush NL400 ($2/4 NLHE) couldn't beat NL100 (50c/$1 NLHE)
- naner 14y agoHe's not talking about playing poker online.