#1
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Winners vs nonwinners ?
Of the total population of poker players, what % of them are winners ? Also would that % be scale invariant? That is to say would any given group of players (of sufficient size) yeild a similar ratio? In my experience I would guesstimate that 20% were "break-even" or better.Perhaps 10% were consistent winners.The rake definitly skews this ratio to one side.Of course these figures are intuitive based on my 26 years & 30k hours of playing time. Also, would the ratio be different for live poker vs online poker? What would anyone else's thoughts be? |
#2
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Re: Winners vs nonwinners ?
be it golf, fishing, whatever---recreation costs money---poker is no exception given that the vast majority of players are recreational players, my guess is that 20% would be the upper area there have been published reports concerning one activity which involves both pros and non-pros,,reports presumably based upon factual data,,80% of commodity traders lose money. |
#3
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Re: Winners vs nonwinners ?
My guess is 2% winners. Broken down, it's .5% winners at $3-6 and smaller, 2% at 6-12 and 9-18, and 5% winners at mid limit. Tommy |
#4
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Re: Winners vs nonwinners ?
Based on my experience and not math, and would guess 4-5% are overall winners: 2% 3-6 limits 4% 6-12 5% 9-18 8% 15-30/20-40 I think the # of winners in the 3-6 limit is underestimated by many (Although they may only win under $3000 for the year). |
#5
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Re: Winners vs nonwinners ?
Since the only winner I care about would be me, in my vast experience 100% of the above group are losers! :-) |
#6
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It\'s all about the rake
If the limit was a penny and the rake was a quarter, no one would win. If reversed, nearly half would win. Someone in there is where we are, and right near there is the ratio of rake to limit at $3-6 being so close that the percentage of winners vs losers hinges largely on local custom. My extra-low estimates reflects CA high costs. Tommy |
#7
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Re: Winners vs nonwinners ?
It's actually a difficult question because such a large potion of the casino poker playing population plays infrequently, maybe a couple of times a month or less. Virtually all of them lose over time, but a big chunk of them are hovering around break even in any given year. Of the weekly regulars I would say at least 20% and maybe as much as a third win something, depending on the limits and the rake. In a 90,000 hand data base of PP hand histories, 45% of all players are ahead in full table play, just under 40% for 5-handed games. Interestingly, the percentage of winners actually goes up as I adjust for the number of hands seen per player. If you're referring to a big bet per hour or more, however, I'm sure it's less than 2% of the entire population. |
#8
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large sample database
I would be extremely interested in the results extracted from someone's 90k hand sample. Things like how the results vary by limit,amount of hands played,how full the game is etc.... Perhaps someone has done this and would post a graph or two ?? |
#9
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Re: It\'s all about the rake
>>Someone in there is where we are, and right >>near there is the ratio of rake to limit at $3->>6 being so close that the percentage of winners >>vs losers hinges largely on local custom. My >>extra-low estimates reflects CA high costs. Local custom. I like the sound of that. My high estimates for 3-6 (2%) are also based on CA games. I was basing my estimate on the # of players I felt who actually win in the game. When I actually think about it, 2% may be low. (I myself prop it, and have beaten it along with many of my prop buddies) Perhaps its due to the extrememly bad pay-offs, dead-draws, etc.. |
#10
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Re: large sample database
Let me get back to you when it's a million or so hands. |
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