Quote:
Originally Posted by BirdsallSa
I don't know. Assuming the decent player, TAG auto-pilot and break even player each play 8 hours, 5 days a week, they each get about 160 hours a month. In order to maintain their win rates, the 6 other players need to lose 10bb/he for that amount of time. That means on average, each other player at the table is losing $3200 a month. Assuming the average loser is willing to lose $600/month, that would mean you'd need 30 players losing $600 a month in that player pool.
Look. At your hypothetical winning players stay throughout the night, whereas the losers' seats change 2-4 times by the end of the night. So the losers might be losing 60bb per hour but it's not the same loser and the losses for the individual can be more palatable.
Let's look at it another way. We say that out of the player pool, only about 1-3% are such big time winners that their win rate hovers around 10 bb/hr. There's also another 20-30% which are marginal winners to one extend our another and the rest 65% are losers. But this only means that for every big time winner there's not 6 losing players at a table, but 66 losing players. And out of the people who lose, there should be a small percentage that has titanic losses which fuels the poker economy.
The poker ecosystem is dynamic and a lot of people here views it as static. A ton of players -winning and losing alike- move in and out of the pool for all sorts of reasons. But the reality is that the winning players are a tiny minority that plays a lot and the losing players an overwhelming majority that plays sporadically. In between there's a pool of regs who win and lose marginally who also play a lot.
Other notes:
Regarding bumhunting. Please. Virtually every reg I see bumhunts. But their problem isn't table selection, it's that they are mediocre and they don't put the work. Moreover, I think that bumhunting is a process which sorts out the overall talent in a casino in such a way that it's distributed equally along each table. Bumhunters, if they re good at it, might gain a marginal advantage, but it's not as big as it seems, because the reg who stays behind is pretty likely to benefit from the joining in of a losing player who takes the seat of the bumhunting reg.
As far as people supposedly selectively entering results at their poker journal, I don't think it's what happening. One thing they may do is selectively count their stats after a certain date. I know I consider my stats after June of last year as more representative of where I am, because at that point I retooled it drastically compared to how I was playing before. I could be fooling myself of course.
The other thing that sustains people is the idea that they re running bad. And the truth is that they may be both running bad and have leaks they re disregarding. When you re running good and winning as much as you think you would be winning, it's very difficult to take a careful look at your game and see if you have leaks. Moreover, sometimes, it does take time to evaluate your game, even though you re working at it, because you need time and feedback from your results to determine whether certain moves you re making are EV+ or EV-.
So yeah, it can take a long time until you realize you either need to fix certain things or stop playing.
Last edited by OvertlySexual; 09-22-2015 at 06:21 PM.