Mike McDonald, AKA Timex, has become one of the latest poker entrepreneurs with the launch of his site PokerShares.com (some countries are blocked from this site due to gambling regulations).
The poker community has had a staking problem for a long time. Players would overvalue themselves in tournaments, selling shares for a ridiculous markup.
Seeing an unmet demand in the poker community, Miketook a chance and created PokerShares.com, a poker sportsbook that allows you to sell and buy shares for a fair price and bid on player in a tournament, or even on random 1-off events such as the upcoming Dentale vs Hall heads up match.
In an episode recorded on January 5, 2017, Timex chats with Joey about the impact of PokerShares on the community.
On the podcast, Joey grills Timex with all the questions and concerns this project has risen in the community. Amongst the topics discuss include:
- The possible negative impacts on the poker economy and what Timex has done to stop it.
- The reaction players might have to their markup.
- Questions about the logistics of certain situations and game integrity.
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