Re: At Party: January 2005 sign-ups, less than 30% still play there(+
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There is a fine point that many people still don't get. When a guy plays a casino game online, he is at -EV, but he doesn't have eight tables of that -EV attacking him at once.
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Rarely will an infrequent casual player play 2+ tables, let alone the eight you've conjured up for your example.
To further devalue your comparison, at any casino game, casual players often kelly-bet or increase their bets at a whim. Thus, potentially losing money at an exponentially faster rate than flat-betting.
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