Two Plus Two Newer Archives  

Go Back   Two Plus Two Newer Archives > Limit Texas Hold'em > Small Stakes Limit
FAQ Community Calendar Today's Posts Search

Reply
 
Thread Tools Display Modes
  #1  
Old 11-04-2006, 08:15 PM
Rbower Rbower is offline
Junior Member
 
Join Date: Oct 2004
Posts: 27
Default The Rake in Low Limit Hold \'em

I play a lot of 3-6 and 4-8 low limit hold 'em in casinos. Every time I hear discussions about the rake in low limit hold 'em I hear different stories. Some authorities seem to say that "even Phil Ivey couldn't be a winning player at low limit hold 'em because of the rake". Other people claim that "it is possible to make $50,000 a year playing 3-6 limit hold 'em". How much money can a good solid player expect to make playing a 3-6 game in a brick and mortar casino with an average rake? Also what is the average amount that is raked out of pots at casinos in low limit?
Reply With Quote
  #2  
Old 11-05-2006, 02:55 AM
acesovercole acesovercole is offline
Senior Member
 
Join Date: Oct 2006
Location: SD
Posts: 259
Default Re: The Rake in Low Limit Hold \'em

Well...

I think you CAN be a winning player at small stakes limit. The rake does hurt quite a bit though. I don't think it's very likely you're going to find someone who can make 50k a year with brick and mortar play though. That's like, an online multi-table annual rate.

The average amount that is raked in a low limit game is like, $3-4. You figure $3 is the rake and another buck goes to a jackpot if there is one. That's on EVERY hand that sees a flop.

Hope this helps.
Reply With Quote
  #3  
Old 11-05-2006, 02:27 PM
llayner llayner is offline
Senior Member
 
Join Date: Aug 2006
Posts: 285
Default Re: The Rake in Low Limit Hold \'em

You should expect to make a BB/hour, even with the rake and dealer tips.
Reply With Quote
  #4  
Old 11-05-2006, 09:30 PM
KurtSF KurtSF is offline
Senior Member
 
Join Date: Jul 2006
Posts: 3,983
Default Re: The Rake in Low Limit Hold \'em

Around here its $3 drop, $1 BBJ, and $1 tip, so a total of $5 leaves that tables every hand. More if there are big tippers. So almost 1 BB gets taken out of every pot. That means to beat 3/6 at the "standard rate" you need to actually win much more than 1BB/hour as you're losing almost a BB/pot.

Given the poor quality of play usually shown in these games I believe this is entirely doable. I'd put the realistic maximum you can win at this level at probably $25,000 a year if you quit your job and devote your life to it. About $10,000 a year if not.

$0.02
Reply With Quote
  #5  
Old 11-06-2006, 01:44 AM
llayner llayner is offline
Senior Member
 
Join Date: Aug 2006
Posts: 285
Default Re: The Rake in Low Limit Hold \'em

Ok but at the very minimum, at 3/6 hold'em if make a realistic 1BB/hr (lets assume, overcalls, bad plays make up for the rake etc), you can pull about 13k working a 40 hour week; or, if you want to get craazy, lets say you work investment banker, 100 hours/week, you can pull a big 31k/year. You're better off getting a job a starbucks - at least that has benefits.

I had to be a nerd a crunch the numbers...
Reply With Quote
  #6  
Old 11-06-2006, 01:56 AM
SixForty SixForty is offline
Senior Member
 
Join Date: Mar 2005
Posts: 1,258
Default Re: The Rake in Low Limit Hold \'em

I hate to go against the flow here, but I think that it should be relatively easy for a good player to beat 3/6 for more than 1 BB/hr. Even with the rake and tips.
Reply With Quote
  #7  
Old 11-06-2006, 01:43 PM
acesovercole acesovercole is offline
Senior Member
 
Join Date: Oct 2006
Location: SD
Posts: 259
Default Re: The Rake in Low Limit Hold \'em

I think you can probably still work a full time job, but also play poker for 8 hours a day and accomplish more than $10,000 a year.
Reply With Quote
  #8  
Old 11-07-2006, 12:39 PM
whereismyluck whereismyluck is offline
Junior Member
 
Join Date: Nov 2006
Posts: 7
Default Re: The Rake in Low Limit Hold \'em

Thats why there is Rakeback programs and i make 2K a week playing $3/6 and $5/10 online. That doesnty include the rake
Reply With Quote
  #9  
Old 11-06-2006, 03:57 AM
yanfu yanfu is offline
Member
 
Join Date: Aug 2004
Posts: 51
Default Re: The Rake in Low Limit Hold \'em

I kept good records while playing small stakes for over 2000 hours -- mostly 3/6. During my record keeping period, the rake increased from 4 to 5$, including jackpot drop. During the 4$ rake period I made 7.50 an hour. After the increase my win rate dropped to ~4.00/hour.

After sessions I rated my play and I'd estimate that if I had played very well all the time (which maybe Ivey could do), winnings would be about 10.00/hour w/ a 4$ rake.

*I tip 1$ per pot > 1.5 big bets.
Reply With Quote
  #10  
Old 11-06-2006, 04:45 AM
jetfish jetfish is offline
Senior Member
 
Join Date: Oct 2006
Posts: 127
Default Re: The Rake in Low Limit Hold \'em

Another consideration, is changing how you play in games where the rake is close to 1BB. Some hands that would be slightly profitable in a vacuum, turn into losers. And some small losers you might normally play, turn into big losers.
3/6 is definitely beatable, but making some adjustments will allow you to win more.
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 08:19 AM.


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