Two Plus Two Newer Archives  

Go Back   Two Plus Two Newer Archives > General Poker Discussion > Poker Theory
FAQ Community Calendar Today's Posts Search

Reply
 
Thread Tools Display Modes
  #1  
Old 02-13-2007, 12:47 PM
vkotlyar vkotlyar is offline
Senior Member
 
Join Date: Feb 2003
Posts: 217
Default is this particular game even beatable?

15-30 live game at local club. time is $6/ half hour plus the house takes 2 dollars on every flop. the tokes range from $2-5 dollars a hand, with $3 being the average. Most players buy in for 500 but are willing to rebuy twice for a total of 1500. The game goes for 10 hours a day and is full for about 8 hours. We get about 35 hands /hr. The game plays very loose and aggressive, with 4-6 seeing each flop usually for 2 bets. The blinds almost always defend.
assuming a full game:
time: $60/half hour x2 x10hrs = $1200
$2 per flop x 35hands/hr x 10hrs = $700
toke avg $3/hand x 35hands/hr x 10hrs = $1050
total house revenue after 10 hrs = $2750
so with the avg stack being about $1000 over 10 hrs and the house getting almost a 1/3rd of it, is there anything left?
just gets me thinking.....
thanks
v
Reply With Quote
  #2  
Old 02-13-2007, 01:05 PM
SplawnDarts SplawnDarts is offline
Senior Member
 
Join Date: Jan 2007
Posts: 1,332
Default Re: is this particular game even beatable?

Yes, that can be beaten.

Even if you're only making 1BB per hour before the vig, you're paying out 12 in time + an average of about 6 in rake + ??? tips. So if you tip less than $12 an hour, you'd be ahead. It's certainly possible to make more than 1BB/hour pre-vig in a good game.

However, this example does show the destructive nature of excessive time/rake/tips on a game. It's highly likely that that game can have only one long term winner under those conditions. SO be sure you're the best player at the table bar none. Even then it's going to be a grind.
Reply With Quote
  #3  
Old 02-13-2007, 01:46 PM
vkotlyar vkotlyar is offline
Senior Member
 
Join Date: Feb 2003
Posts: 217
Default Re: is this particular game even beatable?

i feel like i am the best player at the table, but i dont even think my potential hourly rate is even worth the bother. besides, if the game can only have 1 winner, wouldnt it dry up within a few months? Im just considering not bothering with it alltogether.
V
Reply With Quote
  #4  
Old 02-13-2007, 01:51 PM
SplawnDarts SplawnDarts is offline
Senior Member
 
Join Date: Jan 2007
Posts: 1,332
Default Re: is this particular game even beatable?

You could maybe make $45-50 per hour there if you're the best and the game is good. Whether that's worth your time is a personal issue.

That game SHOULD dry up and blow away fairly quickly. However, the same can be said of craps, and it hasn't gone anywhere. So it may stick around on the "people are dumb" theory.
Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 01:25 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2026, vBulletin Solutions Inc.