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Vladimir_M comments on Verifying Rationality via RationalPoker.com - Less Wrong
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That is certainly true, but if their grandiose claims are true, it still doesn't explain why they don't spend more of their free time gambling. I mean, I'm having a beer or coffee with someone who claims to be able to earn so much from gambling that, if true, this means that he's paying the opportunity cost of hundreds of dollars an hour for the pleasure of wasting time here with me and my friends instead of going gambling. That just makes no sense at all.
Playing high level poker is mentally very taxing and tiring. Even if one can do it for 2-3 hours per day, it's often true that trying to spend too much time on it will result in losses.
Even Bill Gates and Warren Buffett waste time playing bridge and eating steaks and going to parties.
People normally have diminishing marginal value for money, and need time off.