Semi-OT: Hourly rate and rake, check my calculations?
 

Hi, just wanted to check if I'm doing this right. Doesn't seem correct, at least, I hope I've stuffed up here somewhere.

Estimates from rakeback.com:
$3/$6 FR LHE, 4-tables, 20 hours/week, 25% rakeback
Weekly rake $640 and rakeback $160

So hourly wage for 2BB/100 winrate with 260 hands/hr
= (2 * $6BB) * 2.6 lots of 100 hands/hr = $31.20/hr
for a 20 hour week
$31.20/hr * 20 hours = $624

After rake and rakeback
$624 - ($640 rake - $160 rakeback) = $144 total profit for the 20 hour week (or, $7.20 an hour)

Tell me I'm screwing up here somewhere.
PS: Apologies if posted in wrong forum

Re: Semi-OT: Hourly rate and rake, check my calculations?
 

I was going to suggest for u to post this in beginner's but it looks like u've already done that.

Re: Semi-OT: Hourly rate and rake, check my calculations?
 

is 2BB/100 at 3/6 4 tabling sustainable? I thought the games were supposed to be quite tough.

Re: Semi-OT: Hourly rate and rake, check my calculations?
 

He's assuming 2BB/100 before rake. After rake he's a slightly losing player.

To the OP - most people assume they can beat the game AFTER rake for 1 or 2 BB/100 hands or whatever.

Re: Semi-OT: Hourly rate and rake, check my calculations?
 

Yeah, winrate is after rake.

If you don't beat the rake, you have a loss rate.

It is possible to be a marginal multi-tabler loser and profit a little from rakeback. But its far more difficult than other $6 hr jobs.

If you can get the winrate to .75/bb.......

Re: Semi-OT: Hourly rate and rake, check my calculations?
 

[ QUOTE ]
is 2BB/100 at 3/6 4 tabling sustainable? I thought the games were supposed to be quite tough.

[/ QUOTE ]
2BB/100 is definitely possible for those who know how to multiply and divide.