It would seem that the good Dr. Pauly and I have been meandering down similar paths regarding how WSOP 2008 will confirm the current state of poker. Fortunately, both Dr. Pauly and the Poker Shrink have Series gigs this year that do not require us to do live tournament reporting. We both bow twice to those intrepid poker writers, bloggers, runners and gunners who are covering the action day to day and hand for hand and we wish them well.
The two doctors are free this summer to explore the deeper and at times darker sides of poker. Together we seem to have come to some of the same conclusions, let me advise those who wish to debate me on the condition of poker in American and around the globe to read what I have to say and then take a look at Dr. Pauly's commentary. We are not here as cheerleaders for poker in general nor the WSOP in specific. It is our job to give you our view from collective years of experience on the poker roads around the world. As I said yesterday, in my opinion, this is the watershed year for poker. Dr. Pauly and I are going to give you what we see happening in Las Vegas this summer as it affects the big picture of poker.
For instance, you find a lot of professional poker players with very divergent views on how poker is fairing these days. The two main camps can be described as:
"The End is Near"
or
"Everything is Fine"
Let me be clear, I do not think the End is Near, however, I do see strong indications that the World Series of 2008 may well be the Last Hurrah of the Poker Boom. I firmly believe numbers will begin to decline as we work our way through the full WSOP schedule and never again will be see a main event as big as 2005-2008. Big tournament poker has jumped the shark, I am only suggesting that everyone involved buy an appropriately sized umbrella.
The players, professional and amateur, who are unwilling to hear this news are not ostriches. They are poker players. However, the professionals I talk to are more than just players, they are in the business of poker and as such must pay attention to the economy of poker.
There is a perfect poker analogy to this economic situation. At the tables, I always marvel at the detail of recall most major professionals have. What they see and remember about poker hands is absolutely phenomenal. I watch the same hands at the same tables and I have a notepad to record anything I see or hear; yet, inevitably when we talk about hands later, they saw more and recall more.
However, away from the tables those laser like observational skills are not always transferable to other aspects of their lives or even to other aspects of poker. I have listened to Daniel Negreanu and Mike Matusow talk about details of the WSOP final table move. Phil Hellmuth has described the marketing issues around publishing poker books. Gavin Smith and Bill Edler have clearly summarized the financial effects of television on poker and speculated on poker after television. These guys pay attention to the whole world of poker. On the other side of the coin, I have had conversations with players who had no idea which tournaments were being taped for television and no concept of why endorsements were or were not given to certain players.
Just because someone can play poker does not mean they understand the financial world of poker away from the tables. Some players are just whistling past the graveyard, hoping for the best and playing their cards. To be a pro at the tables, you play the players not the cards. To be a poker professional away from the tables, you must engage in the business of poker.
I treasure the summer in Las Vegas because they are all here to be asked the same battery of questions. The Poker Shrink will take the pulse of those who play the game both at the table and away from it. I'll keep you informed of what I find and so will Dr. Pauly. The Doctors are in the house.
