Tuesday, July 29, 2008
Bellagio has removed the cap from its lower no-limit games; the cap is not in effect at the higher games. Already, a few players are saying that this move is bad for poker because the fish will lose money faster. While I agree with the reason, I disagree with the conclusion. A standard cap of 100 big blinds is arbitrary; many players were simply used to it. Also, the sea of fish is enormous. So long as even the game is relevant, poker players need not worry about the lack of fish in the same manner that I will never worry about the extinction of real food fish, at least in my lifetime. Professional poker players constitute only a tiny percentage of all poker players, so that point is often ignored by the 2+2 community.
I like the diverse options available online: normal 100 BB games, 30 BB capped games, 50 BB min buy-in games, etc. It is only a matter of time before they add other exotic varieties, such as uncapped games and ante games. The idea that poker sites would be hesitant to offer uncapped games because they do not want the fish to bust is silly. They already offer $2000-$4000 and $200-$400 PLO where one can buy in for $200,000! A site could limit the likelihood of its players busting simply by offering only low-limit games.
Latest movies seen: Hellboy (2004); Hellboy II: The Golden Army (2008).
I like the diverse options available online: normal 100 BB games, 30 BB capped games, 50 BB min buy-in games, etc. It is only a matter of time before they add other exotic varieties, such as uncapped games and ante games. The idea that poker sites would be hesitant to offer uncapped games because they do not want the fish to bust is silly. They already offer $2000-$4000 and $200-$400 PLO where one can buy in for $200,000! A site could limit the likelihood of its players busting simply by offering only low-limit games.
Latest movies seen: Hellboy (2004); Hellboy II: The Golden Army (2008).
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The problem is that history is on the side of those who disagree with you. NL died out in the old days because the edge was too high for the skilled players. Capped buyins protect the fish from themselves. Even raising the cap can have a negative effect, here in AC the 5/10 players had a great game, lots of tables, lots of fish, then they lobbied to have the cap raised. At $1500 things weren't too bad, but they couldn't leave well enough alone, they asked for $2000 and got it, now the game is terrible most days, full of grinders and tight regulars. The bad economy has something to do with this of course, but in abad economy the fish need more protection.
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