should I play this live game?
 

where I am at the moment there's apparently exactly one live poker game. I haven't seen it but heard the details from someone who has played it.

It is NLHE, goes 10 handed and occasionally a bit less. Running ante of $10, with no blinds, and it is free to come in (i.e. you can open check).

Min buyin is $400 and most of the players buy in for that. However most of them are pretty wealthy and have a lot of rebuys. I don't know exactly how big the game plays later on but I think there is no cap.

The players sound really bad, like live 1-2 bad. Not sure if there are any tough spots but definitely some big fish.

The catch: rake 5% uncapped. Also the fact that it is the only game in town and could be full or not going when I get down there, but assume I can get into the game no trouble.

Assume I'm bankrolled for this game and have nothing better to do. Also that I'm not retarded at poker though i don't have much NL experience. Should I play?

Re: should I play this live game?
 

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Running ante of $10, with no blinds, and it is free to come in (i.e. you can open check).

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crazy

PF pots are gonna be massive, with a ton of people seeing the flop

you're gonna have to make some massive strategy adjustments, PF, but i'm not sure what they should be, yet

Re: should I play this live game?
 

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Running ante of $10, with no blinds, and it is free to come in (i.e. you can open check).

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wtf does that mean?

Re: should I play this live game?
 

it's like one massive blind battle.. I like it!

Re: should I play this live game?
 

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Running ante of $10, with no blinds, and it is free to come in (i.e. you can open check).

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wtf does that mean?

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Everyone is the big blind.. its a 10-10-10-10-10-10-10-10-10-10 game..

Re: should I play this live game?
 

so a standard pfr of like $100 ? with $400 avg stacks ... lol.

Re: should I play this live game?
 

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Running ante of $10, with no blinds, and it is free to come in (i.e. you can open check).

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wtf does that mean?

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Everyone is the big blind.. its a 10-10-10-10-10-10-10-10-10-10 game..

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yeah that's probably the best way to explain it. I guess action starts to the left of the button preflop as well as postflop, though I don't know for sure.

Normally in a game like this (with no blinds) you have to open for some amount, say it might be $50 to come in so the first guy has to bet $50 or fold. Here you can just limp in for $0, that was the distinction I was making.

Re: should I play this live game?
 

Seems like you're best off shoving anything good preflop, if you have 400 and theres 100 in the pot. i assume thats not how its played though.

Re: should I play this live game?
 

Yeah seriously, with decent players there would almost never be a hand where someone (or multiple people) were all-in preflop.

Re: should I play this live game?
 

What hands am I going to get it in with preflop though?

Lets say it goes limp, limp, limp to me and I have 400 as do most of the others. I can't really shove 88 here, can I? with 9 players still having live hands. Also I have to err on the side of tightness since the rake is so high.

Just wait and shove big hands and hope to get paid off? Given I only have enough chips to fold 40 hands this seems a bit optimistic.

Re: should I play this live game?
 

where is this game?

Re: should I play this live game?
 

Check your PM.

Re: should I play this live game?
 

sounds totally crazy...i dont think i would play that lol

Re: should I play this live game?
 

A 5% uncapped rake? Other than the fact this game sucks in so many different ways, a 5% uncapped rake takes the cheese.

Re: should I play this live game?
 

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Also I have to err on the side of tightness since the rake is so high.

Just wait and shove big hands and hope to get paid off? Given I only have enough chips to fold 40 hands this seems a bit optimistic.

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Just think of the math of this game if it was a tournament. You basically have an M of 4. Normally this is AIOF time for a tourney... obv that's not a good idea for a cash game, but you are going to end up all in a lot, and 88 should be within your pre-flop all in range depending on your position and reads.

As for tightening up because of the rake, I dungeddit. The antes demand that you play looser or you're going to bleed to death (4 rounds without a hand, you've dropped a buy-in).

Personally, I'd fold (without great cards) until I was in good position and/or able judge how people had adjusted to the insane ante/blind structure. If they're making donkey bets and raises (i.e. raising to $20 or $30 with a $100 pf pot) I'd be bullying in position with not much. If people are only calling all ins (or re-raising all in if you raise/bet less than all in) with JJ+ then you only have to win 4 (just antes) or less (if you get early raisers to fold) by not getting called to be freerolling for when you do get a call.

For the basic answer to your 'should I play' question though.. NO, unless you're not in it for the money and you don't mind the risk of dropping multiple $400 buy-ins. If you're a limit guy and there's a 5% uncapped rake I don't see any +EV for you here. As a limit guy you could sit around low/med stakes NL game in Vegas and only peddle stuff approaching the nuts and come out a bit ahead, but in a game like this you're gonna have whiplash at the pace of the action.

Re: should I play this live game?
 

5 % uncapped rake in 10 $ ante game with unlimited buy-in?

Imagine 20-40 $ unlimited buy-in game with 5 % uncapped rake.

Re: should I play this live game?
 

how do you decide who acts first preflop?

Re: should I play this live game?
 

button still exists