What percent of poker players are winners?

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Lura Anderson asked a question: What percent of poker players are winners?
Asked By: Lura Anderson
Date created: Tue, Apr 27, 2021 12:15 AM
Date updated: Wed, Jun 22, 2022 11:54 AM

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Top best answers to the question «What percent of poker players are winners»

So what percentage of poker players are profitable? Out of a sample size of 609 players from my Hold'em Manager database who had played at least 10,000 hands, only about 30% were profitable after the rake. While 18% of players were solid winners, 49% were moderate to significant losers.

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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). There are many reasons why such a low percentage of poker players are winners including the rake, getting beat by better players and tilting too much.

The exact number is obvoiusly difficult to know among other things because of variance. But yeah it is probably only 5-10%, who are long term winners. Those 5-10% tend to play way more than average...

My database shows that about 18% of players are solid winners. 20 million times 18%= 3,600,000. Is poker still profitable in 2018? Making money at poker is mostly about finding players who play worse than you do. Therefore, through good poker site and table selection, anyone with a reasonably good strategy can win. What is variance?

The number of people who are any kind of significant winners playing poker over an extended period is small. In the range of 5–10%. Its a somewhat difficult thing to estimate, but most people would agree its around there.

So.... given this, it is clear that only 1-2% of tournament poker players are winners, if winning is defined as "consistently won more than their buyins".

Of these players, 58%, or 422 were winners. That is indeed close to the 1% the forum poster had estimated. So in a sense only that fraction of players, we could claim, are “winners”. However, it does not follow that the rest are losers, but merely that they don’t play often enough for us to make any concrete observations about their results.

Without these folks, the top players would just move money around and around the table. A common guesstimate is that only about 5% of all regular players are long-term winners. This is probably correct, but you need to appreciate that these players are distributed unevenly throughout the levels at which poker is played.

Most sensible players actually fold 80 percent of the time, and going slow is always smart at first. But as you get to know the other players at the table — who is playing recklessly, who is playing tight — you can start to adjust your own betting accordingly.

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