Re: Time Pot Mathematics
I'm not quite sure what you mean.
A time pot means the house takes the time charge out of the large pots. The charge is paid by the winner of that pot, and it pays for the entire table. You can't have some people paying time pot and some people not.
For example, suppose the time charge is $10 per half hour and there are ten people at the table. The house needs $100 every 30 minutes. A common arrangement is the first pot every half hour that is over $200 (twice the charge) obligates the winner to pay $100 to the house to cover everyone's fees.
Mathematically, before the time pot is paid for the half-hour, the value of winning a large pot is significantly reduced. That makes you want to avoid playing hands, especially drawing hands that will probably cost you a little, but might win you a lot (enough to trigger the time pot). You also want to avoid a bet that will put the pot over the limit. On the other hand, as always at poker, if you assume everyone is doing that, there is an incentive to do the opposite. If no one plays drawing hands, drawing hands are good bets. If there's $100 in the pot and you bet $60, anyone calling you knows they'll have to pay the time pot if they win, which significantly reduces their pot odds, which may make them fold.
|