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2006/12/07
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Manne wrote:
Back in the day, professional online poker players dealt with a lot of resistance when pursuing the game as a full time job. Winning poker players were not only faced with convincing family members and close friends that what they were doing was a sound financial decision, but they also had to work out reliable methods for receiving payment.
The Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) tightened restrictions on financial transactions within the United States that were linked to online poker. A year after the law’s passage, U.S. banks would very commonly refuse to disperse funds that were suspected to have online gaming ties, which made it much more difficult for pros to receive their poker funds in a timely manner.
Emotions ran high within the online poker industry in 2006 when the UIGEA was being lobbied for. Towards the end of the year, it appeared that online poker had dodged a bullet until an eleventh-hour political move tacked the bill onto the Safe Port Act. The November 2006 PocketFives Podcast episode in which Riley Bryant outlines the UIGEA’s ramifications remains one of the most highly rated shows of the weekly broadcast which ran for five years.
New poker players wanted action… every hand… because they weren’t multi-tabling. Basic Tight Aggressive (TAG) or even a “Rock” playing style was a sure-fire winner in most online poker events because you could often cruise to the bubble with a single double-up. There were certain players who weren’t getting involved without a premium holding when the bubble approached, and this was highly exploitable.
If you talk to most online poker pros who have been around for the past decade, they’re likely to tell you that one of the very first things they learned how to do in poker was to fold. All you had to do ten years ago was wait for a hand you were comfortable with and go head-to-head against someone who had no long term chance against your range.
Looking Back: 10 Years Ago in Online Poker
That's right...Poker has come a long way in all these years.
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2014/04/23
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86
ashleyjohn wrote:
That's right...Poker has come a long way in all these years.
Nice article like always.
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2015/09/20
Messages:
247
ashleyjohn wrote:
That's right...Poker has come a long way in all these years.
That's right...Poker has come a long way in all these years.
I dont know what will happen in 10 years more i only hope its positive for all poker player! :acne
I dont know what will happen in 10 years more i only hope its positive for all poker player! :acne
Join:
2006/12/07
Messages:
29893
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The Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) tightened restrictions on financial transactions within the United States that were linked to online poker. A year after the law’s passage, U.S. banks would very commonly refuse to disperse funds that were suspected to have online gaming ties, which made it much more difficult for pros to receive their poker funds in a timely manner.
Emotions ran high within the online poker industry in 2006 when the UIGEA was being lobbied for. Towards the end of the year, it appeared that online poker had dodged a bullet until an eleventh-hour political move tacked the bill onto the Safe Port Act. The November 2006 PocketFives Podcast episode in which Riley Bryant outlines the UIGEA’s ramifications remains one of the most highly rated shows of the weekly broadcast which ran for five years.
New poker players wanted action… every hand… because they weren’t multi-tabling. Basic Tight Aggressive (TAG) or even a “Rock” playing style was a sure-fire winner in most online poker events because you could often cruise to the bubble with a single double-up. There were certain players who weren’t getting involved without a premium holding when the bubble approached, and this was highly exploitable.
If you talk to most online poker pros who have been around for the past decade, they’re likely to tell you that one of the very first things they learned how to do in poker was to fold. All you had to do ten years ago was wait for a hand you were comfortable with and go head-to-head against someone who had no long term chance against your range.
Looking Back: 10 Years Ago in Online Poker