how beatable

[aal113086]

just realized i sometimes take a break for an orbit, i can always do it on the omaha orbit correct?

[redfisher]

If you're going to play low limit poker at Harrah's NO, you must learn Omaha. Get yourself a book, read it once, and start crushing the 4/8 Omaha. My experience (pre-Katrina) with the old 1-4-8-8 half and half game was that the holdem was awful since it was essentially 2-3 half and half players and 7-8 Omaha players putting up with the holdem. Of course, the blinds were 1 & 2 in 1-4-8-8, so it was cheap to pass on the holdem.

To answer your actual question, you can skip the Omaha but will have to post the blinds unless you are in the 2 seat. Game changes on the 10 seat. Current game is structured 4/8 with 2 & 4 blinds.

[Trainwreck]

LOL!

The high remark was due to u joining on 4/20...

420 is often used to signify that you indulge or enjoy the wacky tobacky.

See: http://en.wikipedia.org/wiki/420_%28cannabis_culture%29

[VBCurtis]

If the players are half-decent, or even just a little tight, the game is going to be very hard to beat. suggestions about stealing blinds or "one bet on the flop" might happen in such a game, but those aren't the beatable games with this rake.

If the players are horrible in the loose-passive-chasing sense, you'll be paying max rake on nearly every pot you win. Let's assume 12BB/100 as a guess for a very good player's winrate before rake, and do some math:
100 hands is about 3 hours, so divide by three for hourly: 4BB=$24. It's 10-handed, so winning 7-8% of hands would be reasonable to assume-- that's 2.5 hands per hour. You only pay rake/tip when you win, but you're paying $7/win. Let's say $6.50, since some pots won't make it to $50 or you'll not like the dealer and not tip once in a while. Thus, you'll pay $16/hr in rake and tips. That leaves $8/hr as a best-case scenario.

note that dropping winrate to 9BB/100 changes the after-rake winrate to $2/hr. Another way to put it is the rake is 7.5 BB/100 in your game, so you need to win at more than this rate to make anything. If you can beat 1/2 full online, I claim you can beat the rake at this game, but it's hard to say you expect to make 12BB/100 pre-rake-- that's near-expert skill.

[LomU]

Good place to ask this:

5/10, I play average-to-well.

5% up to $10 cap rake.

Average competition is 6 donkeys, 2 VERY weak tights, and 1 other solid player. This would be a conservative estimate aswell.

Average pot is ~$100.

Beatable? I tentatively say yes, but would like some expert confirmation.

[tom10167]

[ QUOTE ]
If the players are half-decent, or even just a little tight

[/ QUOTE ]
[ QUOTE ]
3-6 limit holdem in a casino

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[DeathDonkey]

Neither game mentioned in this thread is beatable.

-DeathDonkey

[aal113086]

the 3-6 game is beatable and an analysis o around 8 dollars an hour seems right mathmatecially and has been proven thus ar in my small sample size. (played about 20 hours up about 200)
I created another post... how much money do i need to play 15/30 without having to worry about going broke. (assume i average only .5BB after rake per hundred hands) A downswing could be pretty bad if i'm such a slight winning player. How many big bets should i start with.

[VBCurtis]

[ QUOTE ]
the 3-6 game is beatable and an analysis o around 8 dollars an hour seems right mathmatecially and has been proven thus ar in my small sample size. (played about 20 hours up about 200)
I created another post... how much money do i need to play 15/30 without having to worry about going broke. (assume i average only .5BB after rake per hundred hands) A downswing could be pretty bad if i'm such a slight winning player. How many big bets should i start with.

[/ QUOTE ]
20 hrs is hardly "proven", but you can safely assume you're not running bad making $200 in that time frame. You might be able to keep it up, but not too likely.

The second question-- 0.5 BB/100 is $15 per 3 hrs, or $5/hr if you're talking live. Why play that high for $5/hr? Also, with that small a winrate, you'd need like 500BB to be safe if it were your only game, possibly more. I don't think you're going to go for $5/hr with a $15K bankroll, so don't get ideas about making that your main game, unless profit isn't your goal.
I think somewhere above you mentioned there was no game in between-- if this is the case, I suggest playing online quite a bit to get your game in top shape, then taking some shots at the 15. If you're getting your 0.5 BB/100 number from a single-digit number of sessions, you don't have any grasp of variance, and REALLY should play online to get a taste. Google "poker bankroll calculator" for more detail; use 16BB/100 as variance if you have no idea what to put (this can vary quite a bit based on style, so 16 isn't a definitive number-- try 14/18/20 for a range of bankroll needs depending on how aggro your games are).
-curtis

[VBCurtis]

[ QUOTE ]
Good place to ask this:

5/10, I play average-to-well.

5% up to $10 cap rake.

Average competition is 6 donkeys, 2 VERY weak tights, and 1 other solid player. This would be a conservative estimate aswell.

Average pot is ~$100.

Beatable? I tentatively say yes, but would like some expert confirmation.

[/ QUOTE ]

In this case, the rake is essentially uncapped, so avg pot determines average rake. If the pot avg's $100, rake is around $5/hand. You mention no jackpot drop, and tipping $1/hand is a reasonable assumption-- $6/hand in costs. At a typically soft 5/10 game, we can use similar numbers to above- a good but not expert player could make 8BB/100 before rake. The rake in this case is under 5 BB/100, leaving you 1 BB/hr ($10) as potential profit. This game is much easier to beat, since you only need 5 BB/100 pre-rake to be a breakeven player. Note that is avg pot is $120, you pay $7/hand, and winrate may not go up (the extra aggression can become hard to deal with, and isn't necessarily all dead money); this could lead to winrate dropping to $3/hr range.

When every bet that goes in is raked, super-thin value bets lose their value, because the house takes 5% of both the bet and the call-- you bet $10 to win $19. This can make lots of what would be good decisions online -EV in your game.

If you play online, I suggest you use 25/50 cent full ring as a gauge for typical 6/12 or under live games. I play the 25 stakes to get practice extracting the most out of that level of player, and also use my winrates (smallish sample, 12k hands) to guide my calculations above. I believe 25-50 is beatable for 9BB/100 before rake, while the game is generally tighter than my local 4/8; this is where I get my estimates for 9-12BB/100 for 4/8 and lower. Your 5/10 game sounds like my usual conditions.
-Curtis