Join Date: Dec 2013
Posts: 1,722
Forgive me if any of you have already seen the following opinion.
And allow an old fart to repeat himself.
A life-long friend of mine retired several - ok, many - years ago from his position as the poker room manager of the Hollywood Park Casino in Inglewood, CA. He once asked me to estimate the following:
"What percentage of the poker money that walks into the room, goes down the hole as rake. Skip the tips, skip the promo drops, step right up and make a guess. On average, in concept only, over the course of a year, your mileage may vary, just make a guess Noz."
I guessed 60-65%.
He guessed 85-90%.
He would know better than me, I would think.
Which means any winning players are fighting over their "share", at any given moment, of the remaining 10-15%.
Sobering if at all close to accurate.
Yet there are winning players.
They seem to do what it takes to be winning players.
That's on us to do something similar.