Thursday, February 11, 2010

10 Reasons NOT To Play Online Poker

10 Reasons NOT To Play Online Poker

The previous post reviewed my 10 Reason To Play Online Poker. Now, here is my list of 10 Reasons NOT To Play Online Poker. You may not like my list, but that's poker.

1. Online Poker Sites Are Not Regulated or Licensed in the US.

Without some type of oversight, poker players can not be sure if the sites are cheating them. Some argue that it is not in a poker site's best interest to cheat, since so much money is coming in anyway. Unfortunately, greed can corrupt. And unregulated companies have proven time and time again, where there is a will (to dupe the people to make more money), there is a way.

2. The Online Poker Sites RNG (Random Number Generator) Ain't So Random.


RNG's are complex computer programs. However, software can be altered to create subtle changes that effect play and results. Are there more bad beats online? Are there more big hands, like quads and straight flushes that occur online? Does it seem that there are too many heads-up situations where one premium hand loses to another premium hand to create more excitement? Yes, yes and yes.

3. Online Poker Sites Support Their Integrity Claims by "Independent" Audits--Are They Really Unbiased?

The sites audits may be independent, but they have to be biased. Why? The firms who audit a poker site get paid by that site. In recent history, a top ten accounting firm closed down to their "independent" audits. And major US corporations have also been forced into bankruptcy due to fake accounting; e.g. Enron.

4. There Have Been Major Cheating Scandals Online That The Online Poker Sites Never Caught.

There have been a handful of major, public cases where poker players have been cheated by outsiders. Did the online poker site catch this cheating? No. The only reason that these cases became public is because other poker players did their own analysis of what had happened and reported it.

5. Other Cases of Cheating Are Happening Online, But No One Gets Caught.

There is so much money being gambled every minute, it is too juicy for unscrupulous people to take advantage of other players. For example, do you think collusion has ever occurred at an online poker site? What about other forms of cheating, like playing in the same event under different user names? Or, a top player who plays under a friend's user name to help increase his bankroll? It happens. It is usually transparent.

6. What About The Frequency of Stories Regarding New Players Getting An Edge or A Player Losing After Withdrawing Money From A Site?

It would make business sense to help new players have an edge. If a new player wins, s/he is more likely to keep playing--even if s/he loses it all a few weeks later. There are also complaints on how a player who withdraws money after winning at a poker site, seems to forget how to play and now loses.

7. The Sponsoring of Poker Players Results In An Uneven Playing Field.


Do sponsored players risk their own money? Reports are that sponsored players get 100% rakeback and get paid hourly at an online poker site. Is it fair that you risk your own money, while a sponsored player takes no risk?

8. If the New UIGEA Regulation Goes Into Effect, Will Your Bank Cash Your Poker Site's Check?

Now you have to worry about what will happen if you do win money at an online site. Assuming you play at a legitimate site and win, the site will pay you. It won't be able to transfer money into your bank account. It will have to use another method, which is most likely going to be mailing you a check. Will your bank cash that check if the new law goes into effect?

9. Are Online Poker Sites Causing A Brain Drain in Teens and College Students?

Joe Cada admitting to playing online poker before he was 21 and even dropping out of school to play poker. It worked out for Joe, but what about the majority of teens and college students who won't be winners at poker? The seduction of winning millions playing poker is strong for everyone. It is no doubt strongest in teenagers and college students, given the millions won in poker by 20-somethings. Online poker sites should not allow underage players.

10. You Play Online Poker Naked And You Are Not A Beautiful Woman.

You know who you are...so stop it!

I realize this list will eliminate my chance of ever being sponsored by an online poker site. And I also realize that whenever I say anything negative about online poker, a few readers write how I am an idiot or worse.

Whether you do or do not play online poker, there is one thing I strongly believe. That is, that every adult in the US should have the freedom to play online poker and win or lose as much money as s/he wants.

The politicians who strive to stop this freedom will be voted out of office, as many were in the last election.

After all, there are only 40 million Americans who play poker. And while most of them don't play online, the thought that their Congress won't let them play poker, even if they wanted to play, is simply un-American.
Reblog this post [with Zemanta]

2 comments:

KOs POV said...

to say that at any given moment reputable poker websites such as pokerstars or full tilt can somehow keep track of whether 200,000 players have recently deposited or withdrawn and adjust their rngs accordingly to favor/unfavor those players is absurd. these stories are a good example of how people tend to remember bad things far more easily than good things. as the movie rounders says, a player cant tell you much about his wins but can describe with incredible accuracy the outstanding beats of their career.

Anonymous said...

you're right

What's Your Poker IQ?