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Old 11-09-2007, 10:18 PM
Abbaddabba Abbaddabba is offline
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Join Date: Jul 2005
Posts: 827
Default Re: The house takes all the money.

[ QUOTE ]
Bob,accountant, weekly pay: $500. Joe, electrician, weekly pay $400. Sarah, waitress, weekly pay: $350. Dave, mechanic, weekly pay $450. Mike, hs math teacher, weekely pay: $500
Susan, mcdonalds, weekly pay: $200.

They all play 15 hours of online poker every week for a total of about 60 hours per month of online poker.
They play cash games, where every pot is raked $3 X 50 hands an hour. So they are paying $15 an hour X 60 hours per month , which means they are paying $900 a month in poker rake. Considering what the average person makes, it's beyond me how 90% of the players dont lose in the long run.

[/ QUOTE ]

people who make $500 a week (or less) dont play nearly that much, or for stakes where it is max raked. playing $25NL, you get raked maybe a buck or two an hour per table.

losing isnt that bad in moderation if it provides entertainment.

losers at midstakes+ are either wealthy, or degenerates.