Interesting article in Sports Illustrated on online poker in Thursday's issue, looking at how many of us (particular the college kids) win and lose large sums of money at our computers. I had one of those crazy experiences last night that falls right in with this issue. I had just taken a $300 beating at the local $5-$10 game, suffering drawout after drawout from the many donks in Tuscaloosa, when I decided to log on to Noble Poker at 1 a.m. this morning. I put my $500 bankroll on the site into a short handed $10-$20 game and proceeded to get down to my last dollars, winning an all-in at about 2:30 a.m. Ninety minutes later I had $1,200.
Now, I'm not one to complain about a $700 session win, but it's a bit scary to think how quick and easy it was to go from $500 to $0 to $1,200. As I said to a co-worker this morning, "That goes on 24 hours a day, seven days a week." There are a ton of players in these games that have no business, either financially or experience wise, participating. It's nice to turn a big profit for yourself, but you have to wonder how many lives are being ruined in the process.