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  #21  
Old 07-17-2006, 03:09 AM
lapoker17 lapoker17 is offline
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Default Re: What % of high stakes players will go broke?

[ QUOTE ]
One poker player out there is right now going to start an extended lucky streak that defies logic and catapaults them into riches. They are on the very edge of the standard deviation bell curve. Conversely, the opposite is true.

[/ QUOTE ]

that's pretty lame to f with chuddo like that.
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  #22  
Old 07-17-2006, 05:40 AM
Spokey Spokey is offline
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Default Re: What % of high stakes players will go broke?

90% will be broke or will have been broke at one point in the next 2 years.
very, very true
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  #23  
Old 07-17-2006, 06:38 AM
G_Dollaz G_Dollaz is offline
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Default Re: What % of high stakes players will go broke?

[ QUOTE ]
90% will be broke or will have been broke at one point in the next 2 years.
very, very true

[/ QUOTE ]

any reasoning 4 this?
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  #24  
Old 07-17-2006, 09:17 AM
creedofhubris creedofhubris is offline
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Default Re: What % of high stakes players will go broke?

[ QUOTE ]
90% will be broke or will have been broke at one point in the next 2 years.
very, very true

[/ QUOTE ]

you've got a biased sample spokey; not all of us have viking blood
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  #25  
Old 07-17-2006, 09:31 AM
Spokey Spokey is offline
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Default Re: What % of high stakes players will go broke?

I`ve been playing poker for some years now, and my experience says that most high stakes players go broke one or several times in such a long term. There are often many resons for that. (I`m not including 5\10 players)

A bad run that last long, tilt, drunkplay, unluck, set-ups and bad game selection are all resons for why many players go broke.

Furthermore have most high stakes players a much higher expenditure then the average joe.

With that said; good players always bounce back, and thay have people that will back them up.
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  #26  
Old 07-17-2006, 09:37 AM
tomahawk tomahawk is offline
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Default Re: What % of high stakes players will go broke?

yep
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  #27  
Old 07-17-2006, 09:43 AM
Spokey Spokey is offline
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Default Re: What % of high stakes players will go broke?

I guess I only can talk for the scandinavians here. Mabye you US inhabitants actually have a good moneymanagment.

Also I forgot to say the most important resons for why many high stakes players goes broke. Sportsbet and casinogames.
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  #28  
Old 07-17-2006, 09:48 AM
tomahawk tomahawk is offline
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Default Re: What % of high stakes players will go broke?

and 100-200 HU
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  #29  
Old 07-17-2006, 10:00 AM
PokerStorm PokerStorm is offline
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Default Re: What % of high stakes players will go broke?

I suppose most high stakes players actually do go broke because as we all know most people lose. If you're talking about professional players, on the other hand, I'd say very few go broke.
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  #30  
Old 07-17-2006, 11:09 AM
Rolen Rolen is offline
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Default Re: What % of high stakes players will go broke?

[ QUOTE ]
high stakes players like me could Possibly lose our whole online roll, but most of us cash out at least a decent amount, which makes it profitable even if we lose everything we have on the internet.

[/ QUOTE ]

If you lose your entire roll and have cashed out say 200K, will you turn your back on the career that has been earning you X hundred thousand a year and go take a regular job?

Will a 21 year old that dropped out of college to play professional poker and doesn't have the qualifications for a well paid regular job?

I would guess that most people in this situation would prefer to continue their poker career with their 200K.

Can anyone with a mathematical background tell me how possible it is for someone with a 200K bankroll with a 3PTBB/100 edge at 10/20 to lose it all?
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