Re: Winning Players
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I have heard the 10% figure and i would agree with it. However, that ten percent is for all poker players.
We are just talking about the subset of serious players. They are much more likely to win.
I would say the ammount of serious poker players who win is more around 50%.
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This comes down to defining "serious". If you define it by a number of hours, hands, or months played, it becomes a survivorship problem. If you define it by skill, then your skill cutoff determines in large part the % winners, and the problem is circular. Do you include bonus? My roommate is -0.5 BB/100, but is up over $2000 from whoring. Is she a winner or loser?
-Curtis
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