Online Poker : 75% of loosers

[HavanaBanana]

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Also, for what it's worth, my guess is that the 75 percent number is approximately right but for a different statistic. I believe that approximately 75 percent of all regular players are winners.


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Please define regular player, I think you are way of base in most definitions [img]/images/graemlins/smile.gif[/img](of course it is possible if you define regular in the right way)

ToT

[Timer]

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If a losing player is better than most losing players, and he mostly plays with other losing players, his mistakes should offset by other players' worse mistakes, so that he doesn't lose money in the long run.

So I wonder if 95% is too high. 95% of players might play -EV strategies, so that they'd lose money to winning players, but they can't ALL lose money when they play against each other unless they're of equal skill and the rake is what kills them.

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I'm not going to pretend I understood one word you said, but the rake is indeed what kills everybody.

If you have a hypothetical 10-20 game where four "regular" players are making $20 an hour, or $3200 per month each, then the other six players must lose approximately $4800 a month apiece. How long can this go on?

Just for fun let's say that all 10 players are winning players. Now what happens. The same ~$16,000 gets raked off the table over the course of the month, and since all of the players are of equal skill they will have each lost $1600 apiece. Oh sure in a given month one or two guys might win big, but the next month it's somebody elses turn, etc., etc., and on and on.

I agree with the 95% numbers. The math shows it can't be much better than that.

[ghostface]

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the rake is what kills them

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[Slim Pickens]

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If you have a hypothetical 10-20 game where four "regular" players are making $20 an hour, or $3200 per month each, then the other six players must lose approximately $4800 a month apiece.

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The other six seats have to lose $4800 per month. Any number of players can rotate through them.

[kapw7]

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I read on a financial review that 75% of all online poker players were loosing money over time. Any comments ?

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Bad news for the majority of 2p2 posters. You won't make any money from poker. Time to get a real job.

[sations]

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I read on a financial review that 75% of all online poker players were loosing money over time. Any comments ?

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Bad news for the majority of 2p2 posters. You won't make any money from poker. Time to get a real job.

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if there weren't this many loosers online I would definately be flipping burgers still

[edfurlong]

I refuse to read this thread.

I do crack a smile every time it gets bumped though.

[lefty rosen]

What about the lunkheads who can beat say .5/1 but don't have the discipline to stay there and try and beat games over their skill level and tap their rolls repeatedly because of it. There must be tons of losing players that are this type of loser....... [img]/images/graemlins/confused.gif[/img]

[Sniper]

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I think you should look how many $ they lose. Party make 300 millions and i think all winning players make 500 million so you need players that can afford to loose 800 million. Let us say a " average loser" spend 4K / year that would be 200 000 losers. I have my doubts that more than 250 000 play regular on Party. So i think 80% losers 200 000 and 50 000 break even / winning players with an average win from 10K/ year.

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In the first 6 months of 2005, Party had $437 Million in Poker Revenue (not counting skins).

842,000+ unique players, with a daily average of 123,000+ players.