Many factors contribute to the steady decline of online poker. Poker seems to have reached its peak, and the game is now in decline.
The following paragraphs will list the key factors that contributed to the collapse of the poker boom.
It became harder to make a living playing online poker. Many players didn’t know how to play poker at the start of the boom. There were many fish at the tables who would give away money. Over the years, thousands of people learned how to play the game at a higher level. There were less fish at the tables. Many hobby players quit because they don’t like to lose. Poker After Dark’s slogan says it all: “It’s a hard way make a living.”
Poker rooms have lost their reliability. Online poker markets were changed by the closure of Fulltilt and Ultimate Bet. Players didn’t believe they could lose their funds due to poker room shut downs until that point. The poker rooms mentioned resulted in thousands of players losing their bankroll. Other poker rooms had withdrawal issues as well. Players couldn’t withdraw their money or could only make it slow. Online poker players have lost trust because of withdrawal problems.
US players cannot play. Online poker is the most popular in the USA. Most sites don’t allow American players to play online poker since black Friday. This ban closes down the possibility for many players. These players are essential for many table/games/poker types/tournaments. Without them, it is impossible to play certain games even if there are still players who want to.
The US market was not the only one affected by legal requirements. The success of online poker was unexpected. Governments did not immediately know what to do. Online poker players didn’t have to worry about losing their money. They didn’t pay taxes and did not fear the law. Many countries have placed restrictions on online poker over the years. While most of these restrictions didn’t prohibit playing, the game was not offered many opportunities.
- Poker rooms could not offer as many loyalty and bonus programs due to a decreasing player base. There were fewer freerolls, less deposit bonuses and many loyalty programs offered worse offers.
Online poker is dying and there idn poker are fewer players. This article is over. Poker will continue to be an important game and the best players will always be able make money.