Re: How many online pros average +500k a year in the world?
[ QUOTE ]
For an earning level to be valid it probably has to be averaged over 5 years of full time play. The effect of variance in poker is extreme and players with a nice positive edge can still have ugly long-term downswings of 1 year or more, just as negative edge players can have long-term upswings of 1 year or more.
In terms of pure poker income (no endorsements, poker businesses, books, royalties, or merchandise, etc.) I'd say there are very few players in the world with the edge, volume, and consistency of play to make $500K+/year. And fewer still with the longevity to establish their win-rate with high certainty (95%+ certainty). Definitely less than 100.
[/ QUOTE ]
1 year downswing??? i've never seen one but if you say they exist they must..depends on how many hands played..
|