The poker industry reflects on Black Friday
At the ten year anniversary of the day that almost ended poker, some of poker's finest took toTwitter to reflect on the last decade.
Twitter poker legend KevMath got us started with how most people were made aware of what was happening on that day:
The Black Friday thread on 2+2 https://t.co/smbK05qvKe
— Kevin Mathers (@Kevmath) April 15, 2021
The industry was very different back then:
It’s been 10-years since #BlackFriday changed poker forever. Today only a handful of players have online poker sponsorship deals. Back then 339 players had a deal with either Full Tilt Poker (233 pros) or PokerStars (106 pros).
— James Sullivan (@JD_Sully) April 15, 2021
Bet Raise Fold documentary producer and Deucescracked founder Jay Rosenkrantz was one of many people with reflective Twitter threads:
April 15, 2011. The end of online poker in America. A reflection thread👇
— Jay Rosenkrantz (@jayrosenkrantz) April 15, 2021
Short and sweet for Cardrunners founder Taylor Caby:
10 years out from Black Friday.
The only hot take I have is that the way it played out was inevitable. Huge market + "a few winners take most" industry dynamics + murky legal status + misaligned incentives for regulation (too few benefit) = some type of eventual collapse. (ctd)
— Taylor Caby (@taylorcaby) April 15, 2021
Danielle Andersen became one of the faces of Black Friday after her appearance in Bet Raise Fold:
This was taken about a week before our world was turned upside down by Black Friday. Current life is wonderful but I dunno...still feels bad man. 🥺#TenYears #BlackFriday #FreeOnlinePoker pic.twitter.com/nNWHNH4JJP
— Danielle Andersen (@dmoongirl) April 15, 2021
It wasn't all bad, our friends at pokerfuse literally launched on Black Friday so yesterday was their 10th birthday:
Black Friday is a day when the online poker industry was decimated; a critical wound which—while far from fatal—still has lasting and lingering impacts today.
Yet for us it is also a day for celebration: April 15th is our birthdayhttps://t.co/KhFNaKq0dV
— pokerfuse (@pokerfuse) April 15, 2021
Indeed, a lot of people now realise that for whatever reason, Black Friday was the best thing that had ever happened to them:
Black Friday was possibly the best thing that ever happened to me AMA
— Jon Aguiar (@JonAguiar) April 15, 2021
And it was at least the reason for the greatest joke in poker Twitter history (for context, Galfond owned two New York penthouses with a slide running between them at the time):
Still the greatest black friday tweet. #poker https://t.co/VGGkhN8IcQ
— David Lyons (@kalooki) April 15, 2021
Our friend Robbie Strazynski hosted Mike Matusow, Steve Ruddock and Eric Hollresier for a roundtable reflecting on Black Friday.
He also hosted Daniel Negreanu and James Dempsey for a second round of reflection:
If you are interested, yours truly also started a Twitter thread looking back on that fateful day:
I was in a very interesting place 10 years ago today for Black Friday. I was at Dusk Till Dawn working for @PokerNews covering the @partypoker Big Game, a televised cash game. It featured a lot of Full Tilt and PokerStars pros. It was a real snapshot of the industry
— Barry Carter (@Barry_Carter) April 15, 2021
There were lots of lessons to learn from Black Friday, but this simple reminder about not keeping your entire net worth in any one place seems to be the most important one:
Black Friday: The poker world’s yearly reminder to never keep money where it can be easily seized by the whims of government douchebags.
— TonyDunstTV (@tonydunsttv) April 15, 2021
Though maybe we learnt nothing from the last ten years at all:
I will celebrate the 10 year anniversary of online poker being shut down in America by purchasing an imaginary Dogecoin for 11 cents #doge
— Joey Ingram #passion 🃠(@Joeingram1) April 15, 2021
And if nothing else, those of us still in poker can reflect on the fact that we all survived a seemingly industry ending event:
Sort of surprised not to see a bunch of emotional #BlackFriday posts today. The idea of "survivorship bias" in poker comes up a lot, and maybe it's fitting in this context. If you were there for Black Friday, and you're still actually here 10 years later? YOU FUCKING DID IT 🥳🥂
— thegroupie (@thegroupie) April 15, 2021
Finally, one hell of a scoop for Lance Bradley of PocketFives, who managed to interview PokerStars founder Isai Scheinberg on Black Friday and life after it:
I've been chasing this interview for 12 years and I’ve been consumed by writing this piece for months now. My exclusive with PokerStars founder Isai Scheinberg.https://t.co/NX2fJQB9kG
— Lance Bradley (@Lance_Bradley) April 15, 2021
What were your memories of that day? Let us know in the comments: