Issues with the rake

[russfloyd01]

Ok I usually just read posts but since I know a little bit about this I will post..I have both run a game in Houston and dealt a game in Houston in the past and I can tell you that the $$ they make is ludicrous....On average the house will make between $125-175 a down(30 minutes) and the dealer will pull between $25-45 a down.... The 1st response would be no way can this game be beat... BUT, and its a large BUT the players that come to these games are horrible and give $$ away routinely...There is 1 guy who i wont mention who comes in with $10k cash and is 0-49 at cashing out a penny...Furthermore, it costs a lot of $$ to run a game in Houston...There is rent($2500 a mo) security, food, beverages(including any alcohol a player wants) Cigarettes for the players, cigars, etc etc etc and the most important thing TABBBBB and thats not the drink that comes in pink can... For those ppl who have never played in an illegal game, tab is slang for Credit... Basically noone brings cash to a game because if vice busts the game they confiscate all the $$ and worse if the game gets robbed then all your $$ is gone...So the house needs to insure that they make enough to cover the tab b/c sometimes it takes days, weeks, or longer before a player pays his debt and in some cases they never do yet find another game to get credit at...Unethical yes, but happens all the time! oh btw u ALWAYS get paid when u win before u leave even tho u dont have to pay up front the night u lose.... So, can the game be beat? maybe...Is it better to drive 5 hrs rd trip to maybe get in a game full of nits at a riverboat casino to only pay $5 rake...i think not...The rake hurts the person who plays (wins) most pots..The $$ that comes off tbl isnt an issue b/c there is a house full of suckers and the game never quits...So play fewer pots stay shorter periods of time and gl...

[MagicNinja]

despite the lack of sentences in russ' comment, my experience is basically everything he said is true.

BTW 5% capped at $25 a hand is standard in perth, in underground games and casinos.

I know a lot of players who beat these games over large samples. At the underground i used to play at, the rake was higher still and i would basically ALWAYS win when I played there.

Honestly you would be surprised at how much variance goes down once you factor in how huge your edge can really be against these players (and also, at underground games it is a lot more unethical to cashout when u win a big pot or whatever; most people are expected to stay at least 4 hours unless they bust..).

[binions]

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The rake hurts the person who plays (wins) most pots..The $$ that comes off tbl isnt an issue b/c there is a house full of suckers and the game never quits...So play fewer pots stay shorter periods of time and gl...

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Thanks for posting Russ. Good advice that. Hope you are well.

[jomatty]

in brazil the 5k buy in games are raked at 10% and with no maxx and are still beatable.that means if you play a 10k pot which would not be that unusual, the house rakes 1000 bucks.
im not disagreeing with you about it being beatable but man that is hard to imagine. its hard to imagine there even being any money left on the table at the end of the night.

[AcidKnight]

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in brazil the 5k buy in games are raked at 10% and with no maxx and are still beatable.that means if you play a 10k pot which would not be that unusual, the house rakes 1000 bucks.


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First, that's gotta be the most insane statement I've ever heard that they'll rake 10%, no max.
Second, I stand corrected. You saying that a game like that is still beatable is the most insane thing I've ever heard.

[jhardin3]

yeah this crap is the same reason I don't play in Atl anymore. My friend dealt a 10-10 nlhe (retarded house, don't ask) last week that was clearing a minimum of 2k/hr. We don't bother with beatable game arguments anymore.....

[russfloyd01]

Im done with this subject as I think it has served its purpose but I do have a response for those who say no matter what that they WOULDNT play in this game and believe its unbeatable.
I leave you with this choice.
A. Drive to your local airport and pay parking for 3 days($30) catch a flight to Vegas or A.C ($250) get a hotel room for 2 nights($200) and pay for your own food and drinks($100) Also, keep in mind that these are the bare minimums for arguments sake and it will cost u much more...Now comes the fun part...Go get on a list and find a game full of better than average players and maybe some world class players and maybe a couple bad ones.
There is no game selection because the lists are huge so u sit when your name is called. Now your in the game you want because they rake $5 a hand or $9 every half hour(time collection)? You have spent $600 and traveled X amt of time to get in a game b/c of the rake?
B. You take no $$ to the game that's 15 minutes from your house, eat a great meal, drink whatever u want, smoke if u like, and see a room full of suckers with unlimited credit who everytime they go broke simply raise there hand and say to the floorman "give me 2 thousand" ...but crap u cant play here b/c when u win a $3000 pot it should have been $3015 in there.... Im heading to the airport? I dont think so.

[soah]

you have obviously never played poker in las vegas

[jhardin3]

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you have obviously never played poker in las vegas

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QFT