The problem is that the hardcore players and pros no how to get around this, however it may stop the newbie players from entering the field. This is bad for pro players (at least lower tier pro players) because they make most of their money of the less knowledgable players. Of course there will still be the guys that just keep losing and want to play anyway, but the newbie who sits at the 2/4 or 3/6 table online for the first time because he is the king of his home poker game may become less frequent.
Guys I know who do this tell me that the golden age was a few years ago, right when the poker shows hit cable. The online sites where flooded with players who had NO CLUE about strategy and odds. It was pretty easy for a knowledgable player to exploit this.
I actually considered pursuing a career in online poker, I chose porn instead. Man am I glad I did .
I'd be curious to know what's going to happen with all the TV shows where you can win your entry. That all of a sudden got more complicated. Are they going to stake out all the WPT events in the USA and arrest every American player that won their entry, or will the events themself stop promoting them on air and announcing who got in on a $2 wager?
Should be interesting to see how it all plays out.
People are still gonna be doing it. Makes no difference.
not quite true
they lost 50 million people from whom they profitted...
all the professionals will come around these rules but all the people they were making money on beating will not be around... at least not in the same amount.
They are already processing offshore, been decades since most used USA based processing. No way around this for players who have USA based credit cards, they won't go out of their way and buy offshore credit cards, or use ACH or some other form of payment.
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