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Poker Discussion
General Poker
Variance is a Good Thing
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[QUOTE="viking999, post: 743424, member: 5897"] Let's say poker is one big table where every poker player plays against every other poker player all the time. Poker success is all relative, so if one group of players realizes that they're not good enough to win and leaves, a new set of formerly winning players is now losing, and they leave. Ultimately, only one player, the best in the world, would be left playing poker. And since you need more than one player to play, nobody would be playing poker, good or bad. However, playing skill is not static. Some players are going to keep playing even though they lose because someday they hope to become a winner. Some of these players will eventually become winners, and will make back what they lost. Some will become winners but never make back what they lost (so they have still contributed $$$ to the game). Some players may never become winners and keep playing because they're delusional, or they'll quit, never making their money back. And then there's just plain love of the game. You can be guaranteed to lose money and still play a game, because you get enjoyment out of it that you consider more valuable than the money you lose. Take your typical whale, for example. If you like poker and have so much money that you don't value it very highly, you're not going to care much whether you're good or not. Finally, what I consider the most important part, there is game selection. Poker is not as I described above, a game where every player in the world plays at the same table. You can be a below average player and still make money. You just have to find a game against worse players. In this respect, I think poker without luck would become more like pool hustling. It's not just skill at the game that makes a winner. So removing luck from the game would definitely change it. I don't think it's quite as the OP described (i.e. only the world class players being left), but it would probably be less profitable for everyone involved. It's important to remember that poker isn't just about the money, even for the winning players. [/QUOTE]
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Variance is a Good Thing
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