WSEX: Official Monthly Thread: May. (#9 of 10.)

[sillyarms]

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We have no plans for HU NL.

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Please make plans. Any specific reason why not? I get tired of playing hu at a 6max table then having someone else sit in just as I am getting good reads on my opponets.

[DING-DONG YO]

WSEX_GM, your inbox is full. Clean out PMs.

[Benjamin]

Alex424 asked in another (now locked) thread:

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WPEX 5/10 with rakeback or PARTY 5/10 without rakeback?

Whats more profitable? (limit holdem)

At 3/6 its definitely WPEX according to my stats but 5/10 the rake is less of an issue so i'm not sure and i don't want to find out the hard way!

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I previously posted rakeback and Aces Never Lose rates for 10/20 and 5/10 over in Internet Bonuses in a now locked thread about WPEX. I repost them here so they will be easy to find.

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10/20 6-max: 16,152 hands in 125.7 hours with a multi-table ratio of 1.08 and average players getting cards of 5.2. 1.08*125.7 = 135.7 table hours. MGR=rakeback= $5,120. Hourly = 5,120/135.7 = $37.7/hour.

10/20 6-max rakeback: $37.7/hour.

I averaged 119 hands/tablehour. Playing during Aces promo, I'll see aces once every 221 hands, or 1.85 hours on average, and if we assume they lose 1 time in 5, then they will lose once every 9.25 hours for a bonus of $75 bucks. That is $8.10/hour more.

Total bonus playing during Aces promo at 10/20 6-max: $45.80/hour.

10/20 full ring stats: 14,446 hands. Average players/hand: 7.47 . MGR: $4,353.59 . Hours: 134.07 . Multitable ratio: 1.1 Table hours: 147 . Hands/hour: 98 .

10/20 full ring (7.5 players average dealt in) rakeback: $29.5/hour

Aces promo 10/20 full ring (7.5 players): 2.26 hours to see an ace, 11.3 hours for cracked. $6.6/hour.

Total bonus at 10/20 full ring (7.5 players): $36.1/hour.

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Bonus/Rakeback rates at 5/10.

5/10 6-max: 5,045 hands in 41.9 table hours. MGR=rakeback= $1,104. APH in this sample: 5.38 players/hand.

Hourly rakeback = $26.30/table-hour.

Cracked Aces should hit once every 9.25 hours for a bonus of $50 bucks. That is $5.40/hour more during Weds-Sat 1pm-1am.

Total bonus/rakeback playing during Aces promo at 5/10 6max: $31.70/hour.

5/10 full ring stats: 10,467 hands. Average players/hand: 8.7 . MGR: $1,961 . Table Hours: 120 . Hands/hour: 87.2 .

5/10 full ring (8.7 players) rakeback: $16.3/hour

Aces promo 5/10 full ring (8.7 players): 2.5 hours to see an ace, 12.5 hours for cracked. $4/hour.

Total bonus at 5/10 full ring during Aces Promo (8.7 players): $20.3/table-hour.

[Vancity82]

To Canadians, When you requested a cheque did it specify currency? If so was it USD or CDN? Was there any hold placed on the cheque by your bank?

[Tuff_Fish]

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What Poker Tracker will show you is the rake you paid out of the pots YOU won. Not what you would have gotten by playing 8% VIP sharing in the rake from pots won by others.

I will never understand why any site doesn't rebate the rakeback by returning the rake YOU actually paid.

I am still very cool to WPEX for this reason.

I am certain they would find more success by doing the rake return properly.

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You were advocating a rake of 5.75% in your poker initiative yet you find the distribution of rakeback objectionable at a 100% rakeback site?
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two totally different situations
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........The generosity of WPX/WSEX is unprecedented.
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agreed, and the stupidity and greed of the other sites is astounding
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Many reader here were predisposed to like you, Tuff_Fish, but your reasoning is getting to be be extraordinarily skewed and it is becoming a strain for reasonable readers here to offer your ideas any support.

You're quarreling over the distribution of pennies each hand while eagerly drawing up plans which would have you handing away dollars.
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I believe that a grinder who only wins 2 pots an hour should get only the rake contained in those 2 pots. The aggro player who wins 20 should get all of the rake contained in those pots.
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There is no better place for the recreational player to play than World Poker Exchange.
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so why don't more recreational players play there? This is the question Mr GM should be asking. It is not because rec players don't understand 100% rakeback. I, as an example, understand it perfectly. I also understand that it is not structured in a way to be particularly to my advantage. It is to the advantage of the rakeback chaser grinders, which is to say, not favorable for me.
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Having a competing concept doesn't mean you have license to invent wild exaggerations and mindless criticisms of a better product.
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My criticisms are neither mindless nor wild exaggerations
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Tuff (I will play on WSEX when I see a reason to do so)

[DING-DONG YO]

As usual, you have missed the forest for the trees, tuff.

You don't like how WPEX distributes 100% rakeback, so, ignoring other considerations (game quality/availability, funding options, PT/PAHUD, etc.) you instead advocate playing on a site that gives zero - 30% rakeback and distributes it in the same fashion as WPEX?

Your criticisms are irrelvant and don't make much sense in light of what you're advocating.

[rwesty]

Tuff Fish,

Even if you are the loosest player out there who plays in a manner that minimizes your rakeback % using the WPEX calculations I can't imagine it being less than 80-90% rakeback which is still twice as good or more than anything out there. Also, a lot of the worst players are weak-tight players who this calculation actually helps. From watching your videos I think you would likely make slightly more than 100% rakeback by playing at WPEX. I think their method of calculating rakeback is very fair and do not see why you have such a problem with it.

[Tuff_Fish]

And why do they collect rake at all?

Just don't collect any in the first place and there would be nothing to have to disburse.

WSEX is obviously running a gimmick. It is a nice gimmick, but it is nicer for the grinders than the gunslingers. And there is not enough appeal for me to jump through all the hoops.

I am probably not the only one who has this take on it, which may account for the not so great numbers there.

Tuff

[rwesty]

If they didn't collect rake people like you probably wouldn't have any clue it was any different.

[DING-DONG YO]

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I am probably not the only one who has this take on it

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I highly doubt that. I have not seen one post supporting your idiotic line of thinking in all the months you have been pushing it.

People have their reasons for not playing at WPEX, many of them valid, but I guarantee yours isn't one of them.