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#2
12-10-2006, 08:59 PM
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Re: Time Pot Mathematics
I'm not quite sure what you mean.
A time pot means the house takes the time charge out of the large pots. The charge is paid by the winner of that pot, and it pays for the entire table. You can't have some people paying time pot and some people not. For example, suppose the time charge is $10 per half hour and there are ten people at the table. The house needs $100 every 30 minutes. A common arrangement is the first pot every half hour that is over $200 (twice the charge) obligates the winner to pay $100 to the house to cover everyone's fees. Mathematically, before the time pot is paid for the half-hour, the value of winning a large pot is significantly reduced. That makes you want to avoid playing hands, especially drawing hands that will probably cost you a little, but might win you a lot (enough to trigger the time pot). You also want to avoid a bet that will put the pot over the limit. On the other hand, as always at poker, if you assume everyone is doing that, there is an incentive to do the opposite. If no one plays drawing hands, drawing hands are good bets. If there's $100 in the pot and you bet $60, anyone calling you knows they'll have to pay the time pot if they win, which significantly reduces their pot odds, which may make them fold. 
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#3
12-11-2006, 10:12 AM
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Re: Time Pot Mathematics
Here's how the rake works @ Borgata: Every 1/2 hr, either everyone pays time or 1 player pays the time pot. When you pay the time pot, you pay time for everyone, then are paid back 1/2 that amount twice once a pot reaches a critical amount.
I also want to know the difference mathematically in terms of how much rake you pay in the long run.
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#6
12-12-2006, 11:47 AM
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Re: Time Pot Mathematics
Whether you pay time pot or someone else pays time pot is immaterial, assuming the rest of the table agrees to pay when it is their responsibility to repay half of the time pot. Otherwise your disadvantage is equal to the chances you have of getting stiffed by someone.
If you participate in a time pot rather than paying your own time, you will pay less rake over time if you are tighter than the table average, and more if you are looser. In general it is correct to play tighter while you are waiting for a time bank to go off, since any pot you win will be raked huge. At high limit games, this is less significant. If anyone else at the table paid their own time when you are part of a time pot, you lose some of the advantage in playing tighter, since the non-time pot people at the table will be able to theoretically exploit your temporary tightness. Thus many people choose to only play a timepot if the entire table agrees to it, or perhaps if only one player is out. 2nd
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