From Barry Greenstein's book

[catlover]

[Note: Barry writes about win rates in terms of big bets per hour, or in terms of a "1% advantage, 2% advantage", etc, on your total action. I have translated his numbers into big bets per hundred hands.]

Barry writes:

"A motivated high-stakes [internet] player . . . can play in two to four games at the same time, averaging around the $150-$300 limit for his total action. Playing fifty hours per week, four weeks per month, yeilds:

$300 * 1BB/100 hands
* 66 hands per hour [per table]
* 200 hours per month

= $40,000 per month.

. . .

Those few players who are willing to put in the time and are able to maintain greater than 2BB/100 can make more than a million dollars in a year. However, most players who are capable of doing that would have a better chance in live games, where it is possible to make that kind of money without getting burned out in the process."

What do you think of the last sentence? Is Barry right?