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RE: The lessons playing poker thought me - part 1

If you really want to know how much luck is involved in poker check: http://pokerdope.com/poker-variance-calculator/
For example, you play 1 million hands with 3bb/100 winrate and 150 standard deviation. There is a over 2% change of losing during that period. So that's 30 000bb below ev.

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This site has lots of other useful and interesting information about variance. Like how likely it is that you have a downswing of 10000 hands during that same period of 1million hands etc (it's 52%).

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