Quote:
Originally Posted by Richard Parker
10k downswing in 1/3 is rare because so few people have access to that amount of money in 1/3.
Even in this forum, I think most people drop out of the game before they reach 20 BI downswing, let alone 30.
My first 3k downswing at 1/2 put me on life tilt
Of course it wasn't bad luck it was awful play. Same can be said of all my significant downswings actually. Not that I doubt such a downswing is possible, and indeed it's not too hard to imagine, but there is probably something wrong with you if you don't look at yourself at some point before getting 30BI in the hole.
Quote:
Originally Posted by Richard Parker
Well, lifetime losers don't track, and players who do try to track will probably stop tracking after they reach around 10 BI losses.
Why would you keep showing up to the casino if you're obviously losing money?
I have witnessed multiple people who cannot possibly be lifetime winners dutifully tracking on an app. It does not take a lot of fudging to create a happy giraffe.
Quote:
Originally Posted by gobbledygeek
I'm trying to get a grasp on the amount of money that has come off the table just to the casino itself in my room.
Since my 1/3 NL game started in 2010, I've put in ~3000 hours. So just at my table alone, if you take a conservative estimate of $180/hr off the table (rake + tips, maybe BBJ), that's $540,000. And that's just my once/week table where I'm only at it 8 hours a day (on average). So multiple that by 7 = $3,780,000. Now let's give an *extremely* conservative estimate and say there was a second table running all that time, so now = $7,560,000. And that's not assuming any other tables, and assuming the table is only running when I'm there (lolz, insert game-built-around-GG joke here), plus assuming no one has won any money. Assume a 500 person player pool (that number out of my ass), and you get a average debt of ~$15K. And that's the *incredibly conservative* estimate.
GcripesG
Don't think about it. It will just hurt your head. It does seem there is no way poker should survive and yet there really is that much money to burn.
Quote:
Originally Posted by gobbledygeek
I'd guess that in smaller markets that it only would take a few people to drop out to kill it altogether?
Ginourmarket1/3NListhebiggame,lolzG
You've probably noticed how the games change seasonally. You might notice a decline around Christmas. Not because people are spending time with their families, that wouldn't stop a degen. Because they spent money on gifts and don't have any left to gamble.
You might notice the casinos are busier every other weekend (after payday)