Two Plus Two Newer Archives  

Go Back   Two Plus Two Newer Archives > Internet Gambling > Affiliates/RakeBack
FAQ Community Calendar Today's Posts Search

Reply
 
Thread Tools Display Modes
  #1  
Old 03-18-2007, 01:39 PM
Black winter day Black winter day is offline
Senior Member
 
Join Date: Jun 2005
Location: Don\'t you dare to call!
Posts: 4,420
Default Please help me calculate Crypto\' GBP rake effect - numbers inside

Cryptologic charges 3 units max rake, whether it's a dollar,euro or pound game.So, they charge 3 pounds rake at the pounds tables, which is almost twice as large.
I would like to find out how much it's hurting me.

The numbers are: I played 3827 hands on GBP tables so far and PT says i paid 404 pounds rake .That's 788$.If those were $$ tables, the rake would be 404$, so 788-404, means i payed 384$ extra.

I have 35% RB, so i get 134$ of it back.384-134=270$

So, assuming i'll play about 2.5 times gbp hands in a month (playing Crypto for 12 days), that's 675$ of extra rake.

(Why do i play gbp tables to begin with?Cause there aren't enough 500NL tables running, so i complement them by playin 1-2 gbp tables, which is approximately the same stakes).

The question is: Since the rake calculating method in Crypto is dealt, how much more of rb i actually get, since i partly play on tables with higher rake and i obviously tighter than the average player there.If i fold preflop and the rake is capped, it is still calculated as 0.5gbp in mgr (3:6).
Also, the gbp games seem to be softer cause pros probably avoid the higher rake and that is also one of the reasons to play there.


I remember when PArty had their monster promo, they added a rake as well and someone calculated, how it affects his ptbb.How much did they add actually?
Also, as i recall, some 2+2ers played on Monster tables on purpose, cause the competition was that much weaker.

So, basically, looking to figure it all out, whether i should stick to Crypto or look for another network if i am overpaying in rake (without GBP tables, i won't find 5 even semidecent Nl500 $$ tables and i don't like to play at several sites at the time, distracts me).

Thanks and also hopefully it will help someone who is playing those gbp tables at Crypto and doesn't notice the higher rake.
Reply With Quote
  #2  
Old 03-18-2007, 01:45 PM
centgas centgas is offline
Senior Member
 
Join Date: Aug 2005
Location: Bristol, England
Posts: 621
Default Re: Please help me calculate Crypto\' GBP rake effect - numbers inside

Not sure if this is relevant as I only skimmed through your post, but (from rakebackreview.com):

Sun Poker has a “no flop no drop” policy. If a pot doesn’t reach the flop, no rake is deducted. Sun Poker’s rake is 5% for pot limit and no limit games. In Limit games the rake is $.25 per $5 up to $3. These are the same increments if you play in U.S. Dollars, Pounds or Euros. The rake is capped at $3 at all tables except in $25/$50 NL where the max rake is $5. As you work your way up in limits you are better off playing in U.S. Dollars. The reason for this is that a game that rakes 3 Euros is almost 4 U.S. dollars and 3 Pounds is nearly 4 U.S. dollars.


Sun Poker and the other Cryptologic skins have recently lowered the rake for shorthanded games.
Reply With Quote
  #3  
Old 03-18-2007, 02:04 PM
Black winter day Black winter day is offline
Senior Member
 
Join Date: Jun 2005
Location: Don\'t you dare to call!
Posts: 4,420
Default Re: Please help me calculate Crypto\' GBP rake effect - numbers inside

Seems very outdated as 3 pounds are almost 6 dollars now.
Reply With Quote
  #4  
Old 03-18-2007, 03:59 PM
WhatDoesCallMean WhatDoesCallMean is offline
Senior Member
 
Join Date: Aug 2005
Posts: 866
Default Re: Please help me calculate Crypto\' GBP rake effect - numbers inside

call me old fashioned or alternatively some other not so nice name but....

to me, the pots are being raked the same %, regardless of what the currency is so $3 rake is directly equivalent to GBP3 rake as the GBP pots will be larger than the $ pots.

i run with the attitude that im paying the same level of rake based on my winnings regardless of what currency im playing - btw, i also play the GBP tables as they ARE a lot softer than the $ tables.
Reply With Quote
  #5  
Old 03-18-2007, 04:04 PM
Black winter day Black winter day is offline
Senior Member
 
Join Date: Jun 2005
Location: Don\'t you dare to call!
Posts: 4,420
Default Re: Please help me calculate Crypto\' GBP rake effect - numbers inside

Yeah, but think about it.If you play Nl500$ or Nl200 GBP, that's approximately the same stakes.
And when you play GBP tables, you pay 5.85$ rake instead of 3$ rake.Same stakes, almost twice as higher rake...

I am just wondering how much better the dealt method makes it to be + the softness of the games (as we both mentioned).
Reply With Quote
  #6  
Old 03-18-2007, 07:03 PM
Pokeraddict Pokeraddict is offline
Senior Member
 
Join Date: Dec 2003
Location: Not Absolute
Posts: 4,535
Default Re: Please help me calculate Crypto\' GBP rake effect - numbers inside

[ QUOTE ]
Seems very outdated as 3 pounds are almost 6 dollars now.

[/ QUOTE ]

Yeah I wrote that over 2 years ago. In lower limits it actually is better to play im pounds because of the bigger gaps between rake increments caused by using a higher valued currency. I can only asume the games are better in Pounds because most of the players in the know would not volunteer to pay the higher rake.
Reply With Quote
  #7  
Old 03-18-2007, 07:43 PM
PartyScout PartyScout is offline
Senior Member
 
Join Date: Oct 2006
Location: Super-Boom
Posts: 1,042
Default Re: Please help me calculate Crypto\' GBP rake effect - numbers inside

This is whack.Why are you choosing to play the GBP games.Does the buy in amount make this worth while getting raped by the rake?
Reply With Quote
  #8  
Old 03-19-2007, 07:31 AM
Red_Diamond Red_Diamond is offline
Senior Member
 
Join Date: Nov 2005
Posts: 567
Default Re: Please help me calculate Crypto\' GBP rake effect - numbers inside

[ QUOTE ]
to me, the pots are being raked the same %, regardless of what the currency is so $3 rake is directly equivalent to GBP3 rake as the GBP pots will be larger than the $ pots.


[/ QUOTE ]

No. The rake cap is doubled if he is playing GBP rather than USD. Because 3$ GBP is worth 2x 3$ USD.

If you don't follow this... then here is one thing to think about. Crypto is paying MMPS the exact same for GBP as for the same integral unit value for USD. Now obviously someone is getting shafted here because the site is collecting twice as much from the GBP tables for the same unit values.

Again, crypto has planned this system out very well. They are getting the best of it, the player is getting the worst of it. I don't see why they would change now, even though their CLAIM is severely outdated and was rather crazy to begin with.
Reply With Quote
  #9  
Old 03-19-2007, 08:00 AM
ipp147 ipp147 is offline
Senior Member
 
Join Date: May 2004
Location: UK Donkey
Posts: 1,584
Default Re: Please help me calculate Crypto\' GBP rake effect - numbers inside

[ QUOTE ]
Again, crypto has planned this system out very well. They are getting the best of it, the player is getting the worst of it. I don't see why they would change now, even though their CLAIM is severely outdated and was rather crazy to begin with.

[/ QUOTE ]

It's not outdated as a large number of the Crypto players are from UK sportsbooks. These people do not understand rake but do not want to play at $ tables. Betfair lost quite a few players when it switched to $ only tables.
Reply With Quote
  #10  
Old 03-19-2007, 06:02 PM
Black winter day Black winter day is offline
Senior Member
 
Join Date: Jun 2005
Location: Don\'t you dare to call!
Posts: 4,420
Default Re: Please help me calculate Crypto\' GBP rake effect - numbers inside

Betfair has pounds tables as well.
And i do want to play against people who do not understand rake, if you know what i mean
Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 10:25 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.