Who are the losing players???

[Amatay]

Who the hell is losing money at poker??? This is a serious question as i often wonder what with all the info availiable these days, the seemingly endless amount of winning players that blog about poker all over the world, the countless forums across the globe that all seem to be winning fish infact everyone you speak to is a winner at this game and rarely do i meet people who say they suck at poker and lose thousands?? Who the hell is losing money at this game? Are people telling porky pies? What % of players are winning and losing these days? I remember the figure used to be around 10% ish, is that still the case? Are the losing players just those who occasionally play for fun on a recreational basis?? Come on fish own up.

[Grier78]

According to Official Poker Rankings when on one site I had slightly less than $100 profit I was ranked at 51%, at $1000 profit I was ranked at 85%.

This would indicate that approx 35% of players make a small annual profit of between $100 to $1000, 15% make over $1000 and the rest are losing players.

You would imagine that losing players would fit a similar distribution to winning players. So for every big winner there is an equivalent big loser. It also shows that essentially the bottom 50% of players basically pay all the rake.

Obviously my conclusions are based on a very small amount of data so I could be completely wrong.

[pokerfan]

a 5% + roi in 2007 on stars makes me top 95.58%(opr), thats a lot of losers

[Grier78]

a 5% + roi in 2007 on stars makes me top 95.58%(opr), thats a lot of losers

Try the Profit ranking rather than OPR ranking.

[WYSINWYG]

If a total fish sat and waded through 10 decent poker books and made a decent attempt to understand them, could that turn her into a winning player? Or do basic human flaws prevail?

[Longy]

Your sample size of people who talk to, really distorts the true numbers.

1) People who blog about poker, use forums, go on cruises round the Carribean etc tend to take the game relatively seriously. Therefore they study/work on their game to a point where they are winning players.

2) Poker players are notoriously economic with the truth when talking about their profits from poker, poker seems to have a great dellusion effect on people everyone seems to think they are good at it. People often don't keep records so kid themselves they are winners when they aren't or there is a certain amount of pride that goes against saying you are losing player.

3) Winning players tend to play more than losing players, trying to maximise their hourly and they don't go broke very often.

4) Look around your mates that you don't know through poker, ask yourself how many have played poker at some point and how many of them are showing a profit. In my case that sample size has quite a few losers in it, despite just about all of them being above average intelligence.

[GreekStein]

There's also sooooo many people capable of beating online games but who's bankroll management skills are so degen bad that they end up being losers. FYI 6-buy ins is not adequately rolled for online cash.

[  ] I'm not speaking from experience.

[kinboshi]

There's also sooooo many people capable of beating online games but who's bankroll management skills are so degen bad that they end up being losers. FYI 6-buy ins is not adequately rolled for online cash.

[  ] I'm not speaking from experience.

Is 8-buy ins OK though?

[GreekStein]

There's also sooooo many people capable of beating online games but who's bankroll management skills are so degen bad that they end up being losers. FYI 6-buy ins is not adequately rolled for online cash.

[  ] I'm not speaking from experience.

Is 8-buy ins OK though?

For NL hold em yes, for omaha you need at least 9 and a half

[WYSINWYG]

There's also sooooo many people capable of beating online games but who's bankroll management skills are so degen bad that they end up being losers. FYI 6-buy ins is not adequately rolled for online cash.

[  ] I'm not speaking from experience.

Given the figures posted before about player skill distribution, 'buy-in:bankroll recommended ratios' should always carry a qualifier.
How many bankrolls do I need boss?
-Are you shit at poker?
Er yes
-12


Are you shit at poker?
No, I'm a consistently winning player, top 5 percent prolly
-3. If that busts you, either check your rank properly or stop lying.

[WYSINWYG]

This is just variance.

[bolt pp]

Arnt the figures supposed to stay steady at around:

85% losing players

10% break even

5% winning players?

[RED-DOG]

Who the hell is losing money at poker??? This is a serious question as i often wonder what with all the info availiable these days, the seemingly endless amount of winning players that blog about poker all over the world, the countless forums across the globe that all seem to be winning fish infact everyone you speak to is a winner at this game and rarely do i meet people who say they suck at poker and lose thousands?? Who the hell is losing money at this game? Are people telling porky pies? What % of players are winning and losing these days? I remember the figure used to be around 10% ish, is that still the case? Are the losing players just those who occasionally play for fun on a recreational basis?? Come on fish own up.

Are you a winning player?

[jslosky]

I heard on several sites that the winning players are only 5-10% of the total.

[kinboshi]

Who the hell is losing money at poker??? This is a serious question as i often wonder what with all the info availiable these days, the seemingly endless amount of winning players that blog about poker all over the world, the countless forums across the globe that all seem to be winning fish infact everyone you speak to is a winner at this game and rarely do i meet people who say they suck at poker and lose thousands?? Who the hell is losing money at this game? Are people telling porky pies? What % of players are winning and losing these days? I remember the figure used to be around 10% ish, is that still the case? Are the losing players just those who occasionally play for fun on a recreational basis?? Come on fish own up.

Are you a winning player?

I bet he's more successful at poker than he is at fry-ups.