Quote:
Originally Posted by David Lyons
So, basically you are saying this is not stupid for a significant proportion of players?
This is certainly a way for PS to skim more off the top. But as much as I'd like to join the Amaya hate train, I'll go against the grain here.
My lifetime (>900k hands) actual winnings are 29% lower than AI EV winnings
. If I was planning to play >10MM hands, sure, I'll take the variance. But being that I won't come close to that, I'll happily pay 1% to not lose (or win) 29% again.
Then there's the mental factor. I consider myself to be fairly calm with a relatively tilt-proof game. But I'd be lying if I said all those suckouts didn't affect my mood.
Also, if it takes my game down even 1% then it's already worth it. Less, actually, since AI winnings are smaller than total winnings. I recall Doug Polk 4betting the old 95s. Maybe it's a low-frequency play going over my head, but most people thought it was what it looked like on stream: a tilt 4b.
Historic returns on the stock market far exceed the interest rate on my mortgage. Yet, every month, I divide my savings between extra mortgage payments, and stock investments. Why? The sleep-at-night factor.
I'm also fairly sure a normal insurance costs way more than 1%.