Let’s consider for a moment the effect that “poker prohibition” has had thus far. The goal of the UIGEA and the US Department of Justice was to cut off the flow of money to gambling sites, and hopefully bully the US facing sites into closing their doors to US customers. Let’s grade them.
1. Cut off money to online poker sites. Total failure. Just a few days ago I was able to create an Epassporte account, deposit to it with my bank issued Visa Debit card, and have money on Absolute Poker within about 15 minutes after starting the entire process.
2. Bully US facing poker sites into closing their doors to US players. I’d have to give them a “D” here for below average. They got Party Poker to close and a handful of smaller sites. The fact that Poker Stars, Full Tilt, Absolute, Ultimate Bet, Bodog and others remain open to US players, is concrete evidence that legal issues facing online poker have not had the desired effect.
So what has the ban accomplished?
1. They made it hard for us to get our winnings in our pockets. You can’t pay taxes on my if you can’t get them to your bank.
2 They...