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Old 12-02-2005, 02:45 PM
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Default Re: Why Current Online Win Rates Won\'t Persist

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Yes, and as these people get into online poker some % become fish and some % become sharks. There is no good reason this % should differ overseas

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Again this is not the argument.

There is a very good reason that once players DO enter from the third world, those who are winning players will be willing to play at a far less earn than current players.

The avg worker in US, EU, etc makes over $10/hour (number pulled out of air). The avg. worker in the third world makes less than $1/hr. This differential will drive US, EU players who make less than $10 per hour playing poker, OUT, and third world players who can make more than $1 per hour IN. Although the US player who could make $1-$9 per hour would be +EV, he simply has better EV opportunities outside of poker, this is not the case for the third world player. There is simply an untapped, underpaid, group of billions of people, many of whom will have the intellect to beat poker for far more than they could earn in regular jobs in their homeland. They will be willing to play for far less than I am.

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Yup, seems so obvious yet people refuse to admit their cash cow is limited.
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