#11
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Re: Can this structure be beaten on a consistant basis?
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[ QUOTE ] Buy-in, $60 gets you t4000, rake 25% of buyin Dealer Add-on $10 gets you t1000, rake 50% of add-on [/ QUOTE ] I still think you guys are getting it wrong. The way I read it: Out of the $60 entry fee the house keeps 25% = $15; $45 goes to prize pool Out of the $10 add-on fee the house keeps 50% = $5. $5 goes to prize pool. Total fee paid $70, house keeps $20, $50 goes to prizes. So the tournament is effectively $50 + $20. That's a 40% vig. [/ QUOTE ] If this is the case, it's not beatable. I have a little better situation at my local casino. The rake is $10+$10 with $10 rebuys with no rake. So generally the average person is playing the equivalent of a $40+$10, with a super fast blind structure. It's beatable but there's lots of variance and fairly high rake. I go #1 for the fun, #2 to do something with my family, #3 to play live, #4 to win money. This is the attitude I keep when I play in a high rake, fast blind mtt. |
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