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Old 09-16-2005, 09:01 PM
pzhon pzhon is offline
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Join Date: Mar 2004
Posts: 66
Default Re: Online Poker : 75% of loosers

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If you check most people's PT stats, you'll see it's more like 60%, although many "winning" players are either very slightly ahead or breakeven.

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As has been posted dozens of times in the past, this is merely an artifact of the low number of hands everyone has on most players in their databases. It has almost nothing to do with how many players actually win over the long run.

I have 12k players in my database. I have about 70k hands. That means the average number of hands I have with each player is at most 70*9/12 ~ 50. I expect the median to be much lower, and I suspect this is typical of most players.

If 100% of my opponents lose 3 BB/100 with a standard deviation of 15 BB/100, they are all losers, but after 50 hands, it is easy for more than 40% to be winning. If the results are normally distributed, 44% would be winning.
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