#1
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Issues with the rake
In Houston, the underground live games charge a premium rake. The nearest casino poker room is Lake Charles, a 2 hour drive. New Orleans is an hour flight, but with airport parking etc, its a 2 hour trip to get to Harrah's.
So, the standard rake in a 5-10 PLHE game is 5% up to $15, and in bigger games the rake is at least $20, some places higher. In your opinion, can games be beaten where $300-400 + dealer tips (or more) is coming off the table per hour? If so, under what circumstances? In addition, would you change your play in a $15-20 rake game versus a $5 rake game? It occurs to me that there is a vast difference between winning 10 $300 pots vs one $3000 pot. Namely, you net $2850 winning the small pots vs. $2985 winning the big pot. So, do you play even tighter in big rake games than small rake games? Any thoughts would be appreciated. |
#2
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Re: Issues with the rake
If the house gets 33BB/100, I think there can only be at most one winner at a 9 handed table.
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#3
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Re: Issues with the rake
holy jebus in online speak that's like ~6PTBB/100 hands in rake for the 5/10 table
so like, i guess if they are quite bad and you are quite good you could win. However you'll have some serious variance. just don't play there. |
#4
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Re: Issues with the rake
Lets say the average pot is 35 big blinds. That's 35*30 Hands/hour. So about 1000 in rakeable pots per hour. At 15% that's $150/hour. $150/30 Hand-Hours =~ 450/100 =~ 45BB/100. Not 6BB/100.
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#5
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Re: Issues with the rake
SALAZARRRRRRRRR,
I thought it would be understood I was talking about rake per person. Anyways, your calculation seems to be correct. However I can't find the discrepancy between yours and mine: I assume an average of $10 rake per hand. $1000/100 hands. that's 50PTBB/100 hands for the whole table. Or, if it's nine handed, about 6PTBB/100 hands per person according to your calcs it would be 2.5PTBB/100 per person at a 9-handed table :/ |
#6
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Re: Issues with the rake
[ QUOTE ]
Lets say the average pot is 35 big blinds. That's 35*30 Hands/hour. So about 1000 big blinds in rakeable pots per hour [/ QUOTE ] perhaps that's your mistake? SALAZARRRRRRRRRRR |
#7
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Re: Issues with the rake
all i know is if 150 is leaving the table each hour, gl at a decent rate if you are a GREAT player.
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#8
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Re: Issues with the rake
Im from houston could tell u of a few underground games that dont rake ridiculous amounts that are high quality which Ive played in before
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#9
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Re: Issues with the rake
[ QUOTE ]
Im from houston could tell u of a few underground games that dont rake ridiculous amounts that are high quality which Ive played in before [/ QUOTE ] PM me. The places I refer to are the TopHat, VIP, Prime, the Ballpark, etc. I know some of the Asian games like Tony Thai's rake more. |
#10
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Re: Issues with the rake
5% up to $15 at 5/10 isn't nearly as bad as 10% up to $4 plus $1 for the dealer toke at live 1/2. Can live 1/2 be beaten?
5% up to $15 at 5/10 is identical to 5% up to $3 at 1/2, which is the exact rake structure you'll find online. Can online 1/2 be beaten? Last time there was a thread on live winrates, it was said that $100/hour was attainable at the softest 5/10 games. If you assume $200 pots on average, and you win 2.5 pots per hour, then you're paying $25 per hour rather than $12 per hour you'd pay in time collections at other places (plus dealer tokes). Certainly beatable. |
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