From someone who has played online for years (before the WPT popularized poker) I can tell you with certainty that there is cheating AND collusion online. The certainty comes from a) being at a few tables where it was obviously occurring and b) being a witness to two players innocently sharing cards without the intent to cheat per se but more warning the other player to stop betting/raising/calling since he had better cards.
BUT
1) My GUESS is that it is not very prevalent given the number of games available (meaning a small % of games are cheated).
2) Some of the cheating I have seen was so obvious and poor that a) a good player could just wait for a great hand and let the guys raise the pot and b) the site immediately stopped it when called/emailed by the players at the table.
To sum it up:
1) Cheating/collusion exists but I do not think that it happens so frequently to turn a winning player into a losing one.
2) There are players beating online poker for a living. It may not last but currently folks do it.
3) Even for bad players the opportunity to play poker is worth the amount they lose.
4) For good players there is an opportunity to play and profit at your leisure.
5) It offers a cheap way to learn games and participate in tournaments that are unavailable locally or inconvenient to play.
I think online poker is great. Aside from the limit poker action I get and have played for years, I am cheaply learning to become a better NL player and learning how to play NL in tournaments which has been a great experience and profitable.
BUT
1) My GUESS is that it is not very prevalent given the number of games available (meaning a small % of games are cheated).
2) Some of the cheating I have seen was so obvious and poor that a) a good player could just wait for a great hand and let the guys raise the pot and b) the site immediately stopped it when called/emailed by the players at the table.
To sum it up:
1) Cheating/collusion exists but I do not think that it happens so frequently to turn a winning player into a losing one.
2) There are players beating online poker for a living. It may not last but currently folks do it.
3) Even for bad players the opportunity to play poker is worth the amount they lose.
4) For good players there is an opportunity to play and profit at your leisure.
5) It offers a cheap way to learn games and participate in tournaments that are unavailable locally or inconvenient to play.
I think online poker is great. Aside from the limit poker action I get and have played for years, I am cheaply learning to become a better NL player and learning how to play NL in tournaments which has been a great experience and profitable.