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Poker Forums => The Rail => Topic started by: blackcatlee on November 12, 2008, 08:14:42 PM



Title: poker / credit crunch / sky
Post by: blackcatlee on November 12, 2008, 08:14:42 PM
Will the credit crunch effect poker live and online ??????


Title: Re: poker / credit crunch / sky
Post by: thetank on November 12, 2008, 08:33:08 PM
It is thought that gambling is one of those industries that is "recession proof"


People going out less, spending more evenings trying to spin up the little bit of cash that they do have etc etc
Could end up being really really good for poker.  :dontask:


Title: Re: poker / credit crunch / sky
Post by: TightEnd on November 12, 2008, 11:58:59 PM
I've just written 1200 words on this.

Sadly it will have to wait until December's trade press!


in a nutshell. Yes, Live more than Online. Mid stakes more than High stakes, Mid stakes more then low stakes.


Title: Re: poker / credit crunch / sky
Post by: bolt pp on November 13, 2008, 12:14:42 AM
Will the credit crunch effect poker live and online ??????


i'll answer this question if you can tell me the name of the guy van dam fought at the end of A.W.O.L without googling it


Title: Re: poker / credit crunch / sky
Post by: AlexMartin on November 13, 2008, 02:44:53 AM
I've just written 1200 words on this.

Sadly it will have to wait until December's trade press!


in a nutshell. Yes, Live more than Online. Mid stakes more than High stakes, Mid stakes more then low stakes.


barry carters prodigy imo.


Title: Re: poker / credit crunch / sky
Post by: Pelham Boy on November 13, 2008, 03:22:28 AM
Judging by the numbers at Blackpool this week,the answer is no.


Title: Re: poker / credit crunch / sky
Post by: Colchester Kev on November 13, 2008, 03:26:32 AM
put on poker fessies where there is an abundance of cheap accommodation, and other places to go other than sit in the casino all day and night and people will play them.

A week in blackpool for the GUKPT fessie will ALWAYS get bigger fields than Luton etc where there is fk all else to do but sit in the casino.


Title: Re: poker / credit crunch / sky
Post by: Dry em on November 13, 2008, 06:27:17 AM
put on poker fessies where there is an abundance of cheap accommodation, and other places to go other than sit in the casino all day and night and people will play them.

A week in blackpool for the GUKPT fessie will ALWAYS get bigger fields than Luton etc where there is fk all else to do but sit in the casino.

Please do let me know all these things there are to do here...


Title: Re: poker / credit crunch / sky
Post by: Azirapheal on November 13, 2008, 07:02:32 AM
i personally think that at the low and high end of the stakes it will make little impact, properly built bakrolls are recession proof in their own rights, you may need to withdraw more if your living off your poker BR but apart from that things are ok.

i do think that it will affect the live scene, especially where it is obvious that the intention is to grab as much money off you as possible, ive got a personal pet hatred for casinos that give 30+ minute breaks so you get bored and start spinning.

ive still got my faith in DTD (cause i love my job) and other poker-only ventures, although i do wonder how the current state of things will affect issues such as rake% in new clubs like fox, i have every intention of playing there when it opens and hope thatour shodidily run economy doesnt mean ill be paying 2bb's for a cup of coffee lol

the other good thing about havinga  poker bankroll is that if your half way smart, you will be hoarding it in the stronger currency relative to the £ and will be keeping it there, £1k used to be $2k... its £1.5k to $2k now, so im holding as much as i can In USD till i need it :)

Azi


Title: Re: poker / credit crunch / sky
Post by: Rupert on November 13, 2008, 09:43:50 AM
Quote
It is thought that gambling is one of those industries that is "recession proof"
Wynn
(http://newsvote.bbc.co.uk/nol/shared/fds/hi/business/market_data/chart?style=bbc-big_thin-line&ins=11.WYNN&from=2007-11-11%2020%3A57%3A00&to=2008-11-11%2020%3A57%3A00&src=historic&plot=value)

MGM Mirage
(http://newsvote.bbc.co.uk/nol/shared/fds/hi/business/market_data/chart?style=bbc-big_thin-line&ins=4.MGM&from=2007-11-11%2020%3A57%3A00&to=2008-11-11%2020%3A57%3A00&src=historic&plot=value)

etc etc


Title: Re: poker / credit crunch / sky
Post by: ripple11 on November 13, 2008, 10:29:10 AM
I've just written 1200 words on this.

Sadly it will have to wait until December's trade press!


in a nutshell. Yes, Live more than Online. Mid stakes more than High stakes, Mid stakes more then low stakes.

Agreed and its going to get a fair bit worse.

For festival live events........Online sats with seat guarantees FTW.

OP mentions Sky... low stakes/play for fun,... should hold up well, especially their live tour wher you can sat in for a few quid,have a fun day, and have some added value.


Title: Re: poker / credit crunch / sky
Post by: Jon MW on November 13, 2008, 10:34:22 AM
Quote
It is thought that gambling is one of those industries that is "recession proof"
Wynn
(http://newsvote.bbc.co.uk/nol/shared/fds/hi/business/market_data/chart?style=bbc-big_thin-line&ins=11.WYNN&from=2007-11-11%2020%3A57%3A00&to=2008-11-11%2020%3A57%3A00&src=historic&plot=value)

MGM Mirage
(http://newsvote.bbc.co.uk/nol/shared/fds/hi/business/market_data/chart?style=bbc-big_thin-line&ins=4.MGM&from=2007-11-11%2020%3A57%3A00&to=2008-11-11%2020%3A57%3A00&src=historic&plot=value)

etc etc

That isn't necessarily representative as it could represent more of a problem with Vegas rather than gambling in general.


Title: Re: poker / credit crunch / sky
Post by: vegaslover on November 13, 2008, 11:14:31 AM
Will the credit crunch effect poker live and online ??????


i'll answer this question if you can tell me the name of the guy van dam fought at the end of A.W.O.L without googling it
Atilla
actor was abdul qussi


Title: Re: poker / credit crunch / sky
Post by: Graham C on November 13, 2008, 12:27:21 PM
put on poker fessies where there is an abundance of cheap accommodation, and other places to go other than sit in the casino all day and night and people will play them.

A week in blackpool for the GUKPT fessie will ALWAYS get bigger fields than Luton etc where there is fk all else to do but sit in the casino.

Blackpool in November?  It's all shut, only the casino is open.


Title: Re: poker / credit crunch / sky
Post by: kinboshi on November 13, 2008, 12:28:24 PM
put on poker fessies where there is an abundance of cheap accommodation, and other places to go other than sit in the casino all day and night and people will play them.

A week in blackpool for the GUKPT fessie will ALWAYS get bigger fields than Luton etc where there is fk all else to do but sit in the casino.

Blackpool in November?  It's all shit, only the casino is open.

FYP


Title: Re: poker / credit crunch / sky
Post by: Karabiner on November 13, 2008, 12:30:29 PM
put on poker fessies where there is an abundance of cheap accommodation, and other places to go other than sit in the casino all day and night and people will play them.

A week in blackpool for the GUKPT fessie will ALWAYS get bigger fields than Luton etc where there is fk all else to do but sit in the casino.

Please do let me know all these things there are to do here...

I was wondering about that too.....


Title: Re: poker / credit crunch / sky
Post by: thetank on November 13, 2008, 01:53:33 PM

Blackpool in November?  It's all shut, only the casino is open.


The donkey rides and coconut shys may have shut, but plenty decent things to do of an evening still. .


Title: Re: poker / credit crunch / sky
Post by: Graham C on November 13, 2008, 03:20:21 PM
Not sure those clubs are even open Tank ;)


Title: Re: poker / credit crunch / sky
Post by: Rupert on November 13, 2008, 03:29:34 PM
Quote
It is thought that gambling is one of those industries that is "recession proof"
Wynn
(http://newsvote.bbc.co.uk/nol/shared/fds/hi/business/market_data/chart?style=bbc-big_thin-line&ins=11.WYNN&from=2007-11-11%2020%3A57%3A00&to=2008-11-11%2020%3A57%3A00&src=historic&plot=value)

MGM Mirage
(http://newsvote.bbc.co.uk/nol/shared/fds/hi/business/market_data/chart?style=bbc-big_thin-line&ins=4.MGM&from=2007-11-11%2020%3A57%3A00&to=2008-11-11%2020%3A57%3A00&src=historic&plot=value)

etc etc

That isn't necessarily representative as it could represent more of a problem with Vegas rather than gambling in general.

32red
(http://newsvote.bbc.co.uk/nol/shared/fds/hi/business/market_data/chart?style=bbc-big_thin-line&ins=1.E:TTR&from=2007-11-12%2016%3A27%3A00&to=2008-11-12%2016%3A27%3A00&src=historic&plot=value)

888
(http://newsvote.bbc.co.uk/nol/shared/fds/hi/business/market_data/chart?style=bbc-big_thin-line&ins=1.E:888&from=2007-11-12%2016%3A27%3A00&to=2008-11-12%2016%3A27%3A00&src=historic&plot=value)

PartyGaming
(http://newsvote.bbc.co.uk/nol/shared/fds/hi/business/market_data/chart?style=bbc-big_thin-line&ins=1.E:PRTY&from=2007-11-12%2016%3A27%3A00&to=2008-11-12%2016%3A27%3A00&src=historic&plot=value)

William Hill
(http://newsvote.bbc.co.uk/nol/shared/fds/hi/business/market_data/chart?style=bbc-big_thin-line&ins=1.E:WMH&from=2007-11-12%2016%3A27%3A00&to=2008-11-12%2016%3A27%3A00&src=historic&plot=value)

Ladbrokes
(http://newsvote.bbc.co.uk/nol/shared/fds/hi/business/market_data/chart?style=bbc-big_thin-line&ins=1.E:LAD&from=2007-11-12%2016%3A27%3A00&to=2008-11-12%2016%3A27%3A00&src=historic&plot=value)


Title: Re: poker / credit crunch / sky
Post by: Jon MW on November 13, 2008, 03:31:38 PM
Are they just share values or something more meaningful?


Title: Re: poker / credit crunch / sky
Post by: AndrewT on November 13, 2008, 03:32:28 PM
The FTSE in general.

(http://newsvote.bbc.co.uk/1/shared/fds/hi/business/market_data/stockmarket/3/img/3+bbc-big_thick-line+twelve_month.png)

So, basically, just about every company in every industry will have a graph that looks like that.


Title: Re: poker / credit crunch / sky
Post by: DaveShoelace on November 13, 2008, 03:41:10 PM
I've just written 1200 words on this.

Sadly it will have to wait until December's trade press!


in a nutshell. Yes, Live more than Online. Mid stakes more than High stakes, Mid stakes more then low stakes.


barry carters prodigy imo.

No chance, I would have had him do at least 3 articles, at 3000 words a pop. 1200 words? Amatuer.


Title: Re: poker / credit crunch / sky
Post by: tikay on November 13, 2008, 03:43:32 PM
I've just written 1200 words on this.

Sadly it will have to wait until December's trade press!


in a nutshell. Yes, Live more than Online. Mid stakes more than High stakes, Mid stakes more then low stakes.


barry carters prodigy imo.

No chance, I would have had him do at least 3 articles, at 3000 words a pop. 1200 words? Amatuer.

Yeah, but we're talking 1,200 words of quality stuff.....;)


Title: Re: poker / credit crunch / sky
Post by: TightEnd on November 13, 2008, 03:44:03 PM
For a quality organ.


Title: Re: poker / credit crunch / sky
Post by: tikay on November 13, 2008, 03:46:08 PM
I've just written 1200 words on this.

Sadly it will have to wait until December's trade press!


in a nutshell. Yes, Live more than Online. Mid stakes more than High stakes, Mid stakes more then low stakes.


barry carters prodigy imo.

No chance, I would have had him do at least 3 articles, at 3000 words a pop. 1200 words? Amatuer.

Yeah, but we're talking 1,200 words of quality stuff.....;)

Probably correctly spelt, too.


Title: Re: poker / credit crunch / sky
Post by: tikay on November 13, 2008, 03:49:03 PM
I've just written 1200 words on this.

Sadly it will have to wait until December's trade press!


in a nutshell. Yes, Live more than Online. Mid stakes more than High stakes, Mid stakes more then low stakes.


barry carters prodigy imo.

No chance, I would have had him do at least 3 articles, at 3000 words a pop. 1200 words? Amatuer.

Yeah, but we're talking 1,200 words of quality stuff.....;)

Probably correctly spelt, too.

I apologise for that smear. I forgot you need to blend in with the rest of the content. It is Poker News, right?


Title: Re: poker / credit crunch / sky
Post by: Rupert on November 13, 2008, 04:08:40 PM
The FTSE in general.

(http://newsvote.bbc.co.uk/1/shared/fds/hi/business/market_data/stockmarket/3/img/3+bbc-big_thick-line+twelve_month.png)

So, basically, just about every company in every industry will have a graph that looks like that.

Exactly, so just about every company has been hit by the recession, which was my point that of course gambling companies have had trouble just as much as everyone else


Title: Re: poker / credit crunch / sky
Post by: Jon MW on November 13, 2008, 04:14:16 PM
The FTSE in general.

(http://newsvote.bbc.co.uk/1/shared/fds/hi/business/market_data/stockmarket/3/img/3+bbc-big_thick-line+twelve_month.png)

So, basically, just about every company in every industry will have a graph that looks like that.

Exactly, so just about every company has been hit by the recession, which was my point that of course gambling companies have had trouble just as much as everyone else

My point was that share price doesn't necessarily reflect company performance, it just reflects the fact that dealers are a bunch of scaredy cats.


Title: Re: poker / credit crunch / sky
Post by: kinboshi on November 13, 2008, 04:52:43 PM
kinboshi's bankroll in Yen

(http://newsvote.bbc.co.uk/1/shared/fds/hi/business/market_data/stockmarket/3/img/3+bbc-big_thick-line+twelve_month.png)


Thanks Andrew.


Title: Re: poker / credit crunch / sky
Post by: DaveShoelace on November 13, 2008, 05:09:08 PM
I've just written 1200 words on this.

Sadly it will have to wait until December's trade press!


in a nutshell. Yes, Live more than Online. Mid stakes more than High stakes, Mid stakes more then low stakes.


barry carters prodigy imo.

No chance, I would have had him do at least 3 articles, at 3000 words a pop. 1200 words? Amatuer.

Yeah, but we're talking 1,200 words of quality stuff.....;)

Probably correctly spelt, too.

I apologise for that smear. I forgot you need to blend in with the rest of the content. It is Poker News, right?

lol, thats reet, pokanoos


Title: Re: poker / credit crunch / sky
Post by: Grier78 on November 13, 2008, 05:45:38 PM
To say that a company's share price is a good reflection of a company's profitability is like saying that the level played by a Poker player is representative of how good they are. Yes the two are linked but ultimately there is a lot of gambling involved.


Title: Re: poker / credit crunch / sky
Post by: lucky_scrote on November 13, 2008, 07:43:35 PM
Wow those graphs are really cool, can we have more poker sites graphs on there please.

Also, I stopped playing pacific as of about September and it's really noticeable how dead it has gotten. There used to be tons of 10/20nl running along with a 25/50 and 50/100nl table which was great. Now, a 10/20nl table is a rarity.


Title: Re: poker / credit crunch / sky
Post by: Longy on November 13, 2008, 09:31:20 PM
Well lets have a look at stars 6 month trend, scroll to the bottom

http://www.pokerscout.com/SiteDetail.aspx?site=PokerStars&ab=33703083

Record number of cash players on there, on Tuesday and 25% more than 6 months ago.

Full tilt showing an upward trend as well

http://www.pokerscout.com/SiteDetail.aspx?site=FullTilt&ab=1266072


Title: Re: poker / credit crunch / sky
Post by: TightEnd on November 13, 2008, 09:33:34 PM
I think Longy it is hitting the second tier sites more..ie less established player loyalty, perhaps not the quality of site experience that you get with tilt and Stars, almost certainly not the traffic

I know a lot of the secondary sites are really struggling....one (not us) average deposit amounts are down 30% on a rolling 3 months

I think you are going to see a lot  more consolidation and closures beneath the big few networks


Title: Re: poker / credit crunch / sky
Post by: DaMatrix on November 16, 2008, 03:54:52 PM
Wow those graphs are really cool, can we have more poker sites graphs on there please.

Also, I stopped playing pacific as of about September and it's really noticeable how dead it has gotten. There used to be tons of 10/20nl running along with a 25/50 and 50/100nl table which was great. Now, a 10/20nl table is a rarity.

I think you bust everyone.