What has party done to 2/4?! - Page 3

sharpie · #21 07-25-2006, 07:37 PM

WPEX here I come.

shark6 · #22 07-25-2006, 07:48 PM

Let's hope this promotion drives away a lot of players. Otherwise, heaven forbid, this "promotion" becomes permanent.

mixmastermattyk · #23 07-26-2006, 08:38 AM

Does anyone know/have calculated the effect of the extra rake on a winning player at 2/4? If someone was winning at 2BB/100, how is the extra rake going to effect that? Will the lower quality players make up for this difference? After playing 2 sessions on MONSTER tables with with 4 players on one table having VP$IP>50 I was thinking it was fantastic, but what's it going to be like in the long run?

HoneyBadger · #24 07-26-2006, 08:49 AM

Isn't it a little strange that limit players are funding the larger tournaments, and can only get part of this money back by winning tournament seats; a game they don't always play. I like the whole idea of huge tournaments and all, but why do limit players have to fund them? The bad beat is hit and I get a free seat...woohoo, you mean one of those seats I can win in a $6 SNG!? What will be next? A huge backgammon tournament funded by omaha players? ... I don't like the idea of being forced to participate in all this. I love party, but I hate their rake.

SeaEagle · #25 07-26-2006, 08:50 AM

The extra rake is $.50. If you win 8 raked hands/100 then you'll pay an extra $4.00 in rake every 100 hands.

At 2/4 this will take a 2BB/100 player down to 1BB/100. Even at 5/10, it's costing .4BB/100.

HoneyBadger · #26 07-26-2006, 09:58 AM

Is that accurate? Do you really win 8 raked hands? I know I payed about 1.8 BB/100 rake at 2/4 on party. With the rake going at 50 cents for every $10 in the pot, from $20-60 (rake between $1-3), suppose your average rake is $1.50. That'd mean 1.8 x 4 / 1.50 = 4.8 raked hands/100.

So say 5 raked hands/100 then, it would cost you an additional $2.5/100 = 0.625 BB/100, of which ~0.19 BB/100 goes to the monster, and the rest to the bad beat jackpot. Still a lot.

(I think this makes sense, as you need to play approximately twice the number of hands to get to a number of raked hands for a bonus. Also, you expect to win 10% of the hands on a full table. So that'd also point to 5 raked hands /100)

Haupt_234 · #27 07-26-2006, 09:58 AM

[ QUOTE ]
The extra rake is $.50. If you win 8 raked hands/100 then you'll pay an extra $4.00 in rake every 100 hands.

At 2/4 this will take a 2BB/100 player down to 1BB/100. Even at 5/10, it's costing .4BB/100.

[/ QUOTE ]

This is totally OT, but I wonder why Party chooses to add more rake to games when most sites (like WPEX) are choosing to lower it or not have it at all....

Haupt_234

SeaEagle · #28 07-26-2006, 10:19 AM

[ QUOTE ]
Is that accurate? Do you really win 8 raked hands?

[/ QUOTE ]
To be honest, I don't know. I logged on last night and played just a few hands to see what all the hullabaloo was about, and it looked to me like the $.50 for the monster pot was going in as soon as the pot got raked. I don't normally play 2/4 so I don't know what % of hands make the $20 threshold, but I think we can safely say that the cost at 2/4 is somewhere beween .5 and 1BB/100 - which is a substantial increase.

Hielko · #29 07-26-2006, 10:19 AM

They want more $$$$$, and they think they are going to get it by increasing the rake + some lame promo.

Dangeresque · #30 07-26-2006, 10:47 AM

So... what about these tournament entries do you feel will cost you value? They're not raking any money out of the pot that you haven't got an expectation of receiving in equivalence. It just seems that variance is being amped, which in itself is bad, but you're not losing money, just the stability of your return.