Quote:
Originally Posted by tme03
Age Demographics (thru 57 events):
- Average Age of Entrants: 37.33
- Average Age of Cashers: 36.31
- Average Age of Final Tables: 33.61
- Average Age of Winners: 31.10
Statistics ALWAYS uses median...
Except the Grade 10 grads doing WSOP "stats".
These numbers show young players do not "dominate"...
And women were only 3.5% of ME entries...
So these numbers probably statistically meaningless.
It's an illusion, but people don't get the REASON...
It's all about OPPORTUNITY COST.
To play poker at tourney level...
You must be a Top 1% talent...
And THEN devote 10,000 hrs or 3 full years of life...
To a SINGLE-MINDED pursuit of poker excellence.
If you are 17 with $5,000... it's +EV.
But if you are Top 1% talent...
By the time you are 40, 45, 50...
You are a millionaire via trading, internet, etc.
For a 40 something with multi-millions...
Devoting 10,000 hrs to low stakes poker...
Is off-the-charts MINUS EV...
One just have so many other options in life.
It's not youth until your > 60 yo...
It's OPPORTUNITY COST.