I've played some Internet poker. Currently I'm down a few hundred. However, the first hour of playing I made $245 playing a 3-6 holdem game. I lost money playing 5-10 holdem.

The main concern I have, as you stated, is the possibility of collusion between two players who are on the phone at the same time they are playing. These players would most likely be playing against a common bankroll for it to be effective.

At the 3-6 level I doubt if there are players who would think it would be worthwhile, however, at higher limits there is always that possibility.

At the casino I have played at (http://www.deltacasino.com) safeguards appear to be set up in the form of the following:

1) Each game is numbered

2) You can request a replay of the hand

3) Casino will investigate the play of the hand if anyone is suspicious. And the casino appears to be concerned as well for their sake and will take appropriate actions.

4) You have 30 seconds to make a decision or the software forces you all in. This protects your hand in case of a network disconnection or problem. You are limited to 3 (I think) all ins per day.

5) Like in a regular game, if you play long enough, you begin to recognize other players (by name though, not by face) and their playing styles.

6) You can instantly talk (via keyboard) to other players. Adds a bit of reassurance that you are playing against real people and not a computer.

My experience playing online poker has been fun. It may turn out to be profitable if I can also convince myself that enough safeguards are in place to prevent collusion. Last night, after playing some real poker in the casino (10-20 Omaha Hi-Lo Split), I played a little online and made about $45. The game was 9 handed and I recognized some of the players from previous nights.

However, all said and done, I feel a lot more comfortable in a short handed game on the net because there is less of a chance of the collusion factor.