Re: Help me explain this to a non-believer
I think Mason covers this issue in one of his essays regarding why he didn't think NL cash-games could survive in B&M (this was before the HUGE popularity-boom of the games due to TV).
It's either in GTAOT or Poker Essays II or III.
Pretty much explains that better players have a more significant edge at NL cash-games and that fishy players are just going to lose their money faster.
I believe that this directly relates to the issue of there being less variance in the NL game as well.
Although...if we're just looking at the blind structure then you friend is correct.
5/10 limit doesn't even compare with 5/10 NL for example.
But if you're looking in terms of levels with equal profitability then we're looking at less variance for NL obviously.
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