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Winners vs Losers
There was at least one other thread about Jackpot Jay's latest article but I have a specific question related to one particular quote:
[ QUOTE ] Since there are very few, if any, reliable studies available that demonstrate the percentage of winners -- and big winners -- from among the tens of millions who play the game, you are probably wondering how I "know" this. Well, as it turns out, there is one group that can -- and does -- track this kind of stat, though they are not about to publicize the results. That group consists of online poker site management, two members of which revealed to me at the WSOP that what intuition suggests must be true -- only 8 and 7 percent, respectively, of all players on their sites finish the year in the black. And I'm not talking about deep in the black, either. The vast majority of those winners are not about to give up their day jobs. [/ QUOTE ] Anyone with a PT database will attest to the fact that in the Summary tab the Winners vs Losers usually breaks down about 40/60. I have no reason to doubt Jay or his sources re the the 8/92 number. If the online sites had any motive to lie you would think it would be in the other direction ie make out that there were more winners than there actually are. I am guessing that the disparity in numbers from PT and Jay's sources has something to do with eventually having numbers on ALL the winners at whatever level (because they stick around and continue playing) but plenty of losers get missed because they bust out and never come back before you actually see them. Is there perhaps another reason I am overlooking? Or are Jay's sources (or Jay himself) simply not telling the truth? |
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