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Poker Discussion
General Poker
poker players overestimate the skill factor in their play
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[QUOTE="mrmonkey, post: 1964112, member: 72028"] No, I'd actually agree with 80/20. If you consider that the house edge in American Roulette is only 5.6% and that is is one of the worst table games in terms of odds in the player's favor, a 20% edge in poker due to skill is actually a very large edge indeed. The problem comes in that people underestimate how long the long term really is, as well as it being very difficult as previously mentioned in determining just how much of an edge you have against your opponents. Casinos have no issue with this because they are taking tens of millions of bets a year with things like slots and table games, in addition to rake games like poker. While you do have your few online poker grinders putting in 5+ hours a day everyday and putting in 1+ million hands a year in online poker, the vast majority of players are probably lucky to get in a few hundred thousand hands a year. [/QUOTE]
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poker players overestimate the skill factor in their play
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