State of Online Poker Fall 2010 – the online poker landscape has been changing for the USA player in the last few years since the passing of the Unlawful Internet Gambling Enforcement Act or UIGEA. The enforcement of this law was officially implemented last year and as a result players have reported a much more difficult time in depositing and withdrawing funds from the online poker sites account.
There have been several cases of the United States government in the form of the DOJ or Department of Justice confiscating funds from bank accounts within the United States in which the funds were earmarked for distribution out to players gaming slots.
The good news is that the poker sites did not let the players down and the money was refunded to the players leaving the poker sites holding the bag. Many political observers in the United States felt that some type of regulation and licensing may be on the horizon for online gambling, this has not happened and it looks very unlikely that any online gambling legislation will be passed anytime soon. Insiders predict that the laws changing the UIGEA will not be seen within the next five years if ever.
The other development is that one of the major Poker sites PokerStars has withdrawn its services from the state of Washington, as the law is on the books in that state making playing online poker a felony. This is certainly disturbing to the online poker players in the rest of the United States, the changes in the laws and perception that online gambling is illegal while this is generally considered an untrue statement by legal scholars it has nevertheless played as a serious role in cutting down on the number of recreational players on online poker sites. The fact that less recreational players are taking up online poker as a new hobby has a bad effect on the quality of the action at the tables.
The law changes combined with the economic downturns in the world over the last few years as well as the ability of new players to learn the game of poker much faster has resulted in the general toughening of online poker games at every level. Poker is a zero sum economy so that when someone wins then someone else must lose. It is so important for players of any level to make sure to have every edge to compete in today’s game. This means you should never consider playing a hand online without a solid Rakeback deal.
While this may all sound kind of bleak it is really not as bad as it sounds, the games at online poker sites while generally a bit tougher to beat are still very profitable for a solid and patient player with a bit of game selection. The sites are willing to provide nice bonuses and tournament freerolls to keep player at the tables as well as generous Rakeback or frequent player programs at all major sites, making it very reasonable for the serious or even semi serious poker player to not only have fun at the virtual tables but to also expect to make a profit.
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