Is it accurate that 96% of players lose money?

[VNagy333]

That's where I belong 😄

 

[63burner]

google: "It is likely that only around 30% of poker players are winners over the long term. And only about 10% are significant winners (i.e. make a meaningful side income or can consider going pro)" MY THOUGHTS: 30% is a pretty high winning average. I also wonder if they broke down into: single table games, heads-up and MTT tournaments.
I'm on a current bad run, so I'm making up for all the big winners, bringing it back to the mean, the norm.











5

 

[danricepoker]

7 years poker pro + coach here. Yes, 1 in 18 roughly make more than break even!

But, as with anything, getting to the top 5% is not that hard. Standards are low from the population (the lowest ever in human history perhaps)

If you regularly go to the gym 3 times per week, you are in the top 5% of people exercising in the world, roughly. Similar i'd say with poker

Top 1% is a different story, but also not too tough with good guidance! Nobody has that 😅

 

[Leandro6803]

Yes, I believe that around 90% of players lose, due to factors such as playing for fun, poker variance and lack of theoretical knowledge of poker.

 

[Rob Hobson]

If it’s not, it’s close to it.

 

[Sschafell]

I believe it's close to that!

 

[Falai_san]

The percentage is exaggerated.

Of course there are losers, but that's part of the game.

The important thing is that the returns from profits are higher than the losses.