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  #21  
Old 05-17-2006, 05:44 PM
jba jba is offline
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Default Re: rake drop

[ QUOTE ]
Say for example $1 = 50p

You win a £200 pot at £5/10 the rake is £3 = $6 leaving you $394

You win a $400 pot at $10/20 the rake is $3, leaving you $397

Fair enough it doesnt make a lot of difference at lower limits

[/ QUOTE ]

15BB/100 is a bit of a difference!!!
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  #22  
Old 05-17-2006, 08:31 PM
WhiteShirt WhiteShirt is offline
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Default Re: rake drop

you have a higher rake average at the lbs game because it is looser and the pot average is higher.
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  #23  
Old 05-17-2006, 09:04 PM
WordWhiz WordWhiz is offline
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Default Re: rake drop

WhiteShirt, are you still unconvinced? Kochanski just showed rather simply that two pots, which are equal in terms of both big bets and actual dollar value, are raked unequally.

Here's another way to think of it: the key is in the rake cap. If crypto raked 5% off of every pot, with no limit, it wouldn't matter if you played in dollars, pounds, yen, or lira. But there is a limit! And the max rake that is taken is different at the pound and dollar tables.

Or, try this method. Assume for the moment that the conversion rate is exactly 2/1 to keep things simple. 2 dollars = 1 pound. Now, whenever you see "pound" in the question, just subsitute "2 dollars" instead. The question then becomes:

Ignoring differences in level of play which game would be easier to beat the cryptologic $10-20 game with a max rake of $6 or the $10-20 with a max rake of $3?

I hope you can now see the obvious answer.
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  #24  
Old 05-18-2006, 05:18 PM
Bob T. Bob T. is offline
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Default Re: rake drop

[ QUOTE ]
15BB/100 is a bit of a difference!!!

[/ QUOTE ]

Well, it is actually spread between all of the players, and that is only on the hands where the rake is capped, so it probably works out to less than a BB/100, but it still is a significant effect. How many things do you think that you can do which change your long term earn by almost a BB/100, and what would you do to avoid earning that much less.

You notice that the sites that support alternative currencies, don't offer games in yen where they rake 3 yen. We would all be playing 1000/2000yen and happily paying the 3 yen rake.
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  #25  
Old 05-18-2006, 07:25 PM
CrayZee CrayZee is offline
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Default Re: rake drop

[ QUOTE ]
this is like the monty hall problem for retards

[/ QUOTE ]

That's mean, but still funny... 5-10 pound game w/ 5.6 pound rake is better, right?
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  #26  
Old 05-18-2006, 10:03 PM
WhiteShirt WhiteShirt is offline
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Default Re: rake drop

guess there isnt much else i can say. I stand corrected and I was wrong. the 10-20 game is better.
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  #27  
Old 05-19-2006, 01:51 PM
ihardlyknowher ihardlyknowher is offline
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Default Re: rake drop

[ QUOTE ]
[ QUOTE ]
Say for example $1 = 50p

You win a £200 pot at £5/10 the rake is £3 = $6 leaving you $394

You win a $400 pot at $10/20 the rake is $3, leaving you $397

Fair enough it doesnt make a lot of difference at lower limits

[/ QUOTE ]

15BB/100 is a bit of a difference!!!

[/ QUOTE ]

If you won every pot, like you assertion assumes, you really wouldn't care about the measly 15bb/100.
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  #28  
Old 05-19-2006, 02:05 PM
jba jba is offline
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Join Date: Feb 2005
Posts: 9,596
Default Re: rake drop

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Say for example $1 = 50p

You win a £200 pot at £5/10 the rake is £3 = $6 leaving you $394

You win a $400 pot at $10/20 the rake is $3, leaving you $397

Fair enough it doesnt make a lot of difference at lower limits

[/ QUOTE ]

15BB/100 is a bit of a difference!!!

[/ QUOTE ]

If you won every pot, like you assertion assumes, you really wouldn't care about the measly 15bb/100.

[/ QUOTE ]

i wasn't asserting anything - obviously it's not making a 15bb/100 PER PERSON difference or we wouldn't even be having the discussion. my statement that an extra 15 bets is being raked per 100 hands is true, and we dont know how many players are in the pot in the example given so I couldn't be any more specific than I was. I assumed the point would be clear without clarifying that my measurement was for the entire table -- obviously I was wrong and need to explain myself more clearly. All you're doing is being a nit without saying anything about the point i was making - so nice post.
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