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Go Back PokerForums.org > General > General Poker Discussion > Rake Rape

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  #11 (permalink)  
Old 05-14-2006, 02:07 PM
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Quote:
Originally Posted by Phytopath

Beavis, I am not sure but I know with O8b on PT they actually report that you pay the full rake on a split pot, not 1/2 the rake as it should be. So you split a 20$ pot, it will say that both you and the other player both paid 1$ in rake when you really didn't.
I wasn't counting the rake I paid, I was counting the rake out of each pot using the game notes screen. I verified the numbers.

Personally, I hardly pay any rake, because I never win a fucking pot.
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  #12 (permalink)  
Old 05-14-2006, 02:11 PM
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Quote:
Originally Posted by Marm
Which Is worse? 10% Vig or 5% rake?

I know I have numbers on Cash games for limit, And I know I can get some answers from our NL players that use PT (I'm also going to hit up some our big stakes guys for number f rom up above), but I would like to get some numbers from our SNG players. Lemme figure out what I need to look at (got about 3 poker projects running through my head already) before I get anything, unless soembody else wants to give it a go.
The problem with the 5% rake is that it is applied so often.

If ten people sit down to play .5/1 game, the rake will eat up all of the money at the table within 1000 hands. They are probably pretty proportional.
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  #13 (permalink)  
Old 05-14-2006, 03:35 PM
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Like phyto said, you, and everyone else, are paying approximately 1.5 cents a hand. and as a tight player your contribution will be even less than this avg.

You can't look at rake from an overall avg since tight players pay much less in rake than loose. look at it from 1/2 S8B on party

rake $.50 at $5, $1 at $20

assume 4 or 5 people see 4th street every hand. every hand each one decides to play costs approx $.10. Now, assume each time you play on to 6th street you and 2 other players will get the rake to $1 so it will cost you another $.15 ea for a total of about $.25 to play a hand out.

Now realize there are people playing out 50%+ of their hands, they can't win! the rake eats them alive. Every 100 hands they are dealt they spew about $12.50 to the rake. No incredible skill or win rate can offset that, over 6bb/100.

Now, look at it from a tight player who plays 20% of his hands and folds at least 1/2 of those before the end, eliminating that second hit of rake. this player will pay roughly $.17 x 20 hands per 100, or $3.40 per 100 hands dealt. And since these players are winning proportionately more of the hands they get involved with they can easily overcome the rake.

this is a reason that those marginal hands you think are winning are really losing, PT says you make .1BB/100 with AT, woohoo super, just remember that it costs you $.10+ in extra rake to play that hand each time, win or lose. Not enough people look at rake from the longterm standpoint that they view other aspects of poker. Now add that in over all those marginal hands you play.

remember, if they take $.50 at $5 and you saw the flop to make the pot $5, you contributed to the rake, win ir lose. so for every flop/4th street you see you are paying $.10 or so. And PT isn't gonna subtract that from your win rate for all those hands you mucked before the showdown but it needs to be added in.


You also have to look at it from a stakes point of view. 2/4, 3/6, 5/10, 10/20, etc are all capped at $3, so the higher you play the less the rake impacts you.

This is just another reason why playing wothout rakeback is ludacris, I play on 0 sites that don't offer rakeback except stars and I only play a few tourneys there or clear bonuses.
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  #14 (permalink)  
Old 05-14-2006, 03:46 PM
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Hey Marm, I'll throw you my PT numbers for your project.. This is rake raping is EXACTLY why I started bonus whoring. At 6K hands or so I had paid almost $400 in rake!!! I mean Dejeso Cristo that is a LOT of money in rake, and that is just what I have numbers for.. As SOON as I clear my bonii at FT and a couple of others, I am going to change a few things and re-sign up at FT, UB and a couple of others WITH a rakeback deal and FUCK THEM!!

If it wasn't for bonii last month I would be barely breaking even, with them I am ahead, and if it weren't for a few bad calls and suckouts with the bonii factored in on top I would have had a phenominal last month!!!
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Old 05-14-2006, 04:04 PM
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Quote:
Originally Posted by Marm
For SNG's, excel is all you need, You really only need to enter 3 or 4 pieces of data to be able to get anything you need out of it.
actually since im almost about to get back to playing online (waiting for my 18th, and getting a 19" lcd motitor, and wireless mouse )
i should probably make a sng spreadsheet so i can keep track.
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  #16 (permalink)  
Old 05-14-2006, 04:43 PM
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Quote:
Originally Posted by tightagressive
actually since im almost about to get back to playing online (waiting for my 18th, and getting a 19" lcd motitor, and wireless mouse )
i should probably make a sng spreadsheet so i can keep track.
Do a search here on that, a bunch of us have posted or spreadsheets in the past.
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  #17 (permalink)  
Old 05-14-2006, 04:44 PM
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Quote:
Originally Posted by Steve-O
Like phyto said, you, and everyone else, are paying approximately 1.5 cents a hand. and as a tight player your contribution will be even less than this avg.

You can't look at rake from an overall avg since tight players pay much less in rake than loose. look at it from 1/2 S8B on party

rake $.50 at $5, $1 at $20
What I was trying to show is how much is being taken off the table by the rake.

A full buy-in every 100 hands.
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  #18 (permalink)  
Old 05-14-2006, 05:13 PM
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Quote:
Originally Posted by Steve-O

This is just another reason why playing wothout rakeback is ludacris, I play on 0 sites that don't offer rakeback except stars and I only play a few tourneys there or clear bonuses.
Unfortunately, I signed up for most sites before I even knew of RB. I need to look at some of the others now though.

Also, looking at rake made me look at what I was playing and why I was doing so poorly at S8b. I am playing too many marginal hands. Playing for half the pot doesnt work in split games that are heads up.
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Old 05-14-2006, 05:28 PM
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Quote:
Originally Posted by Beavis68
Unfortunately, I signed up for most sites before I even knew of RB. I need to look at some of the others now though.

Also, looking at rake made me look at what I was playing and why I was doing so poorly at S8b. I am playing too many marginal hands. Playing for half the pot doesnt work in split games that are heads up.
I've logged over 40k hands in S8b now, and playing weak one way hands sucks - you can only play them in position and its better to complete with them.

I changed a few hands recently in my starting hands for S8b, basically dropping weaker lows that needed three cards to make a straight that didnt contain an ace, and replacing with stuff like 556 that I had been folding before.

I'm also playing more big pairs in position and completing on 3rd when 1 player limps. If they catch low you ditch it and you havnt lost much - but you make on it when you find a donk who will call when he bricks 4th because you have so much more equity than him, this is also great because they start copying the holdings you play - but doing it out of position in the wrong situations which bleeds off even more money.

The standard across 1/2, 2/4 and 3/6 seems of a muchness although you can get tougher tables.

Played 3k hands since I moved up to 1/2 earlier this week ( finally and way overolled lol ), running at 5.52PTBB/100 at the mo, with a rake of 1.7bb/100, so I'd be running at 7.22 PTBB/100 if not for that.
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Old 05-14-2006, 05:54 PM
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Quote:
Originally Posted by Marm
For SNG's, excel is all you need, You really only need to enter 3 or 4 pieces of data to be able to get anything you need out of it.

For results tracking that is.... For player profiling and hand analysis, well you know. And with the new automationg that PT has for Stars tournies, it's actually easier that Excel.
u can automatically uploads sng for stars on pt? i never add my stats because i dont feel like checking email everytime and posting
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