I read about it. I think this is a weak attempt to come up with a legal form of online poker. Since you eliminate the chance (you are playing against the people in the same seat as you at different tables - and you are all playing the exact same cards), you make poker a skill game.
But that's stupid. If I get it all in with AA preflop and you fold yours, and I end up losing when 22 flops a set and you stay even, that doesn't make you the better player. Or what if I get it all in with KK and my opponent calls with AA while your opponent folds? I get stacked and you win a small pot. That also doesn't make you a better player than me.
Also, the game will either have to run increadibly slowly (hand for hand and more likely street for street), or you will have a major security risk. Even if you play street for street, you risk people at different tables sharing their hole cards.
I think it's a bad idea. It might make for an interesting experiment once or twice, but I don't think it would be very fun or very profitable.
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