Re: I know why there are so few long-term winners at poker
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i think what the 2+2 community is slowly discovering is this.. The marginal edge you may have in the game you play is becoming increasingly smaller, to the point that variance is having a greater impact on your long-term winrate than anything else (check out BBV). Many of these players are blaming it on other factors, instead of accepting that they no longer have a big enough edge to win consistently at their current limit. I think the lower limits are still quite beatable, because the fish market is still thriving down here (all the way up to 3/6 | 5/10), but the number of rich fish willing to throw their paper around at 10/20 and up is slowly diminishing.
Maybe its just me.
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and I also think people have to realize that poker IS GAMBLING, there is no other way to slice it
once people can concretly comprehend this, it will be apparent to them that large upswings in poker are not sustainable with the proper sample size
i.e. a player can exploit a 70/30 edge for an entire year and lose everytime, the long run let's say is 30 years where the winrate will be apparent for this edge, lot's of people go busto before they can even objectively view their winrate in terms of "the long haul"
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