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#1
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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 |
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#2
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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. |
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#3
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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 |
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#4
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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. |
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