Amidst a poker game last night, I posited the following:
Every poker player has worse than average luck.
Call it the anti-Lake Wobegon Effect (aLWE).
This claim, at first glance, is entirely absurd. Treating poker as a zero-sum game, one player’s good luck must be offset by another player’s bad luck, such that not all players can possibly have below average luck. We learn this in kindergarten, and then again in advanced college mathematics. So why am I trying to argue something that is patently absurd? Below I will argue both why it is wise to believe aLWE, and also reasons why it may be true.