Percentage of Winning Online Players-According to Jackpot Jay
 

For those that don't know, Jackpot Jay (Jay Lovinger) has been writing for espn.com for the past year about his foray into the poker world. He is a retired magazine editor and is writing a book about his adventures as a "poker pro" for a year. Below is a quote from his final article:

"Since there are very few, if any, reliable studies available that demonstrate the percentage of winners -- and big winners -- from among the tens of millions who play the game, you are probably wondering how I "know" this. Well, as it turns out, there is one group that can -- and does -- track this kind of stat, though they are not about to publicize the results. That group consists of online poker site management, two members of which revealed to me at the WSOP that what intuition suggests must be true -- only 8 and 7 percent, respectively, of all players on their sites finish the year in the black. And I'm not talking about deep in the black, either. The vast majority of those winners are not about to give up their day jobs."

I found these numbers to be a bit surprising (on the low side), but I guess I based my estimates on what is posted on this site. Meaning, the frequent posters here are winning players. I am interested to see others' perceptions on the percentage of online winning players.

Re: Percentage of Winning Online Players-According to Jackpot Jay
 

If only 8% are winning those 8% must be winning quite a lot. =)

Re: Percentage of Winning Online Players-According to Jackpot Jay
 

~5-10% is what is commonly estimated on this board. So that sounds about right.

Re: Percentage of Winning Online Players-According to Jackpot Jay
 

Someone beat me to this post. There is a very similar post in the internet forum if anyone wants to check it out. Sorry for being redundant. [img]/images/graemlins/smirk.gif[/img]

Re: Percentage of Winning Online Players-According to Jackpot Jay
 

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If only 8% are winning those 8% must be winning quite a lot. =)

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Not particularly - it's the sites that take the biggest chunk through rake.

Re: Percentage of Winning Online Players-According to Jackpot Jay
 

It's pretty interesting to actually see that the estimations are right on target, provided his sources are accurate.

Re: Percentage of Winning Online Players-According to Jackpot Jay
 

wow that seems very low.

Re: Percentage of Winning Online Players-According to Jackpot Jay
 

Seems about right to me.

Re: Percentage of Winning Online Players-According to Jackpot Jay
 

Sounds right to me. Since party poker rakes multiple millions of dollars, how much money could be left over for the winners?

Re: Percentage of Winning Online Players-According to Jackpot Jay
 

That percentage looks about right. If you were to sit down one day and try to actually calculate how much money a site like partypoker is taking in just from rake, the numbers would be mindblowing.