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  #1  
Old 08-09-2005, 04:19 PM
USGrant USGrant is offline
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Join Date: Jul 2004
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Default Re: Where does the money come from?

If winners are rare in poker, and losers are common, then the winners only have to win a very little from each loser to make a nice profit. The losers can drop a $1000 over a year and, because they don't keep records on PokerTracker and don't like to admit they blew a grand on gambling, will convince themselves they were "down a little" or "broke even" for the year. A winner only needs a very little slice of that $1K, and a very little slice of the other loser's $1k, etc., etc., to make thousands in that same year. It's a nice economy if you're good and you have a lot of time to kill.
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  #2  
Old 08-09-2005, 08:28 PM
Alex/Mugaaz Alex/Mugaaz is offline
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Join Date: Feb 2005
Posts: 403
Default Re: Where does the money come from?

You're confusing zero sum with zero rake.
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  #3  
Old 08-09-2005, 09:43 PM
meow_meow meow_meow is offline
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Join Date: Jul 2004
Posts: 180
Default Re: Where does the money come from?

exactly.
At 5/10 6max for example, the rake is eating about 2BB/100 from every player. If you are a 2BB/100 winner, you are actually beating your opponents by about 4BB/100. So if the average player is losing 2BB/100, and some of those are winners, then others are losing at a substantially larger rate...
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