Is it possible to beat the rake at 1/2 limit hold 'em?

[MicroBob]

yeah, i know they had some legal issues about the tournaments last year or whatever...but I thought they were able to run tournaments again.
Probably outrageous juice for those too, but perhaps not as bad an impact as the ridiculous rake on their 1/2 limit games (which is, I believe, the highest they are legally allowed to spread at the Florida places)

[Honest_Rob]

The SNG's are the worst structured I have ever seen and are nothing more than gambling. I'd rather play the slots. You only start with 15x the BB and the blinds double every 15 min. I'm not that desperate. They do have some decent MTT though starting at $100 buy-in and up. The higher the buy-in the better the structure. The $100 buy-in starts with 60x the BB and the blinds go up every 15 min. They go up more gradual though only doubling every 30 min. The problem with these is they are at scheduled times so it takes a little planning to play them. A lot of the time I like to just go play after work or something. I have played the $100 buy in and plan to keep doing so. I just want something for once or twice a week for a few hours(ring games)

[MicroBob]

Some players are so bad at the faster structure, short-stack SNG's that I imagine they are still +EV.
I might actually play some of them in the future when I head back to the sunshine state for a few mths.

[river me please]

I have played the 1-2 games in Fl. and IMHO you could probably break even because I believe all the sun has somehow affected the play down there and it's a donkfest. I am looking forward to go and playing a little next time I'm down there. I have a new spewtegy... I mean strategy. Oh yeah that and it is the only place to watch Edgerrin James struggle over a $1 decision.

[Honest_Rob]

Even so I don't like having to push with QT because it's the best hand I've seen in the first 30 hands. You won't find me anywhere near the SNG's.

[augie_]

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Even so I don't like having to push with QT because it's the best hand I've seen in the first 30 hands. You won't find me anywhere near the SNG's.

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that's too bad, i bet they are pretty soft. if you want to actually make money playing poker in florida, you will have to play the sngs.

[DcifrThs]

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The highest limit game I can find in FL is Straight $2 limit hold 'em. It has $1/$2 Blinds and $2 bets on each street capped at $8. The rake is 10% up to $5 plus $1 for the Bad Beat plus $1 for a dealer tip. Is it possible to beat the rake in a game like this?

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funniest thing about this is i know the games that run there b/c my mom likes to play there occasioanlly. if the ones in FL you play are the ones in ft.lauderdale hollywood park, then they are likely beatable, albeit not by much.

the play is just sooooo attrocious that the amount lost in rake is likely entirely compensated for in increased edge. people dont adjust to the $2straight structure where it is more costly than normal to draw. since a good % of your profit comes from those that fail to fold, your profit will be larger here than in a normal 1/2 game.

im a little scatterbrianed now so i hope that made sense.

Barron

[Mister Z]

I've played at the Hard Rock in Tampa... or Seminole, wherever it is.. and IMO it's beatable with the rake. Maybe not at non-peak times, but on the weekends it's just fish in a barrel. It's almost too loose. Retarded loose. I saw more than a few 50BB pots go down. But hell, what can you really expect to make at 1/2 anyway? I had fun there nonetheless. That is all.

[Honest_Rob]

That's not true. They have much better MTT's. Way better structure, same horrible players. The SNG's start with 15x the BB. That's insane and I will never play it.

[Sykes]

[ QUOTE ]
That's not true. They have much better MTT's. Way better structure, same horrible players. The SNG's start with 15x the BB. That's insane and I will never play it.

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The higher up you go, the less rake there is and the more chips you get to play with.

$65 is $50+15 for 23% rake, pretty much unbeatable

$140 is $115+25 for 18% rake, about equivelent to the $5+1 on party, and from what I've seen, the play is worse than a $5+1

$250 is $215+35 for 14% rake, easily beatable, and the play here isn't any better than the 140s.

$520 is $480+40 for 7.7% rake, less rake than party poker's $11-22s and the play is about similiar to the 11s/22s.

$1050 is $1000+50 for 4.7% rake, and while I've never watched these sngs, I would speculate that these are easier than the high stakes SNGs online.


So honestly, the only problem here is bankroll.