The Effect of Financial Climate Changes on Poker
Category: Poker
After recent downturns in the economies of many poker playing nations, it is perhaps important to consider he potential effect such changes might have on the world of poker.
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When looking logically at live poker and online poker, we can see that there are potential changes in differing levels of play. As an example, it is generally acceped that people look to spend less money during financially difficult times, and it wold be easy to think that poker would be one of the first hobbies that people cut back on. Upon closer inspection however, we can see that playing small stakes poker online for an evening can still be a useful way to save money.
You could spend a whole evening playing an MTT, which can then result in far less financial outlay than other usual activities such as going out for drinks or a meal. For the above reasons, I do not feel that changes in the financial climate will bring about a downturn in online poker activity at mid to low stakes. If we examine the high stakes tables online, there is little to suggest people are trying to save money by not playing poker either.
Live events however, will often include going to places where you can buy drinks or food, and potentially spend quite heavily if you do not make money in the game itself. For this reason you can see the possibilities for a knock on effect from financial changes, are there. Overall though, if we look closely at the situation, there is no reason why online poker should suffer from any form of recession, in fact, it may even prosper due to increasing numbers of low to mid stakes live players staying at home.