[bfrs]

In winner-takes-all games, being even in the top 99th percentile is worse than useless.

To use your own example, true you might get better than half the regulars in basketball if you spent 1 hr a day at it, but you'd make exactly $0 being in the top 50th percentile of basketball players. You would be far better off if you had spent that 1 hr/day for a year on improving your coding skills further.