Wednesday, February 24, 2010

Doctorate from Harvard

I_Am_The_Idiot: less than 2% of poker players make a profit
vedder1980: incorrect but please carry on.
I_Am_The_Idiot: im not correct???
I_Am_The_Idiot: really...have you ever tried to do the math?
I_Am_The_Idiot: ok quick math lesson for you
I_Am_The_Idiot: only 10% off players get paid in a tournament...so how could it be more than 10%
I_Am_The_Idiot: 100 players 10 get paid
I_Am_The_Idiot: thats 10%
I_Am_The_Idiot: so if any given person plays in a tourney they have a 1 in 10 chance of making the money
I_Am_The_Idiot: and you have to calculate in hiouse take and several other factors <<< DUDE IS OBV A MATHLETE
vedder1980: thats a level
vedder1980: right?
I_Am_The_Idiot: I have done the math
vedder1980: one tourney means 0 in statistical probability and the % of players that make money frompoker you fool
I_Am_The_Idiot: if you have a 10% chance and play in 10 tourneys, you theoretically have a 100% chance of finshing in the money
I_Am_The_Idiot: so you pay 260 to play 10 times and cash once
I_Am_The_Idiot: ho wmany people will get paid over 260
in that 100 player tourney?
I_Am_The_Idiot: I am talkiong about people who actually can say they make a living playing poker...it is well less that 2% of players
vedder1980: lol
vedder1980: your awesomne
vedder1980: that wasnt what you said
I_Am_The_Idiot: if you want to call you $200 win a victory, have fun with that
I_Am_The_Idiot: do you consider spending $1000 to win $1002 a true profit or a waste
of your time
I_Am_The_Idiot: so you are going to needle my definition of profit, even though any realistic person would not consider a 2% gain in the poker world to be a true profit
vedder1980: you just pulled 2% as a number out your %&%
vedder1980: and i know people with a 2% roi
vedder1980: who make 200k a year
vedder1980: playing poker so yeah i dont think 2% is true profit.
I_Am_The_Idiot: i have a 156 IQ and a doctorate from Harvard in statistical mathematics..you need to rethinik your logic

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