Join date: Apr 25, 2022

Barry summarized a critical difference between poker and most other professions. You can make a living, even a good one, as a mediocre salesman, teacher, lawyer, carpenter, or doctor. Most people are mediocre, but nearly everyone makes a living. In professional poker you can’t survive unless you’re among the best

In fact, all cardroom and online poker games are ruthless meritocracies because so few people win. Many experts estimate that—because of the rake, tips, and other expenses—85–90 percent of all cardroom and online players are long-term losers, but they have no solid data. Jay Lovinger, an ESPN columnist, says the numbers are even worse.

There is one group that can and does track this kind of stat, though they are not about to publicize the results. That group consists of online poker site management, two members of which revealed to me…[that] only 8 and 7 percent, respectively, of all players on their sites finish the year in the black.2

This book will help you become one of that small percentage of winners. If you are already winning, it will help you win more. You will see how winners and losers think, feel, and act; then learn what to do to increase your profits.

The word “loser” may offend you, but—as we just saw—most players are losers. Of course, there are not just winners and losers. There is a huge range from big winners to big losers, and most players are somewhere in the middle, winning or losing less.

To make it easier to see the differences between winners and losers, I will describe the extremes. However, most chapters end with a section titled How Do You Rate? There you can estimate the degree to which you resemble winners or losers.

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