Did Party raise the rake again?

[Mr. Graff]

In december 2004 the average rake at 5/10 6 max was 2.5% according to my stats. They then chancged it in the beginning of 2005 to around 2.0%. This is the level it has been at fore some months now but suddenly from April 12th I again see 2.5% in my stats!

Wtf is going on?! How can a company not inform their customers of such significant changes???

I'd appreciate if others can check their stats to see if this is indeed the case?

[cartman]

The rake is a fixed amount of money taken in increments when the pot reaches a certain amount. For instance, I think at 3/6 $1 is removed when the pot reaches $20. Another 50 cents is removed with every $10 increase from there until the pot reaches $60 at which time the rake has maxed out at $3 for that hand. The "percentage" you are talking about is a function of the pot sizes at the tables at which you have played. It is a result of the players collective actions and the administrators of Party Poker have nothing whatsoever to do with it.

Cartman

[Mr. Graff]

I know how Part rakes the games, I'm just not aware of the particular amounts before and after the dates mentioned in my post. But go to the summary tab in PT and see for yourself (% of Pot).

I'm positive there must have been a change because for each day in the period from Jan 2005 to April 10th 2005 there is very little variation: 2.03 +/- 0.05.

And the same goes for the period preceding this and the days from April 12th and on (didn't play on the 11th, so no stats): 2.50% +/- 0.05.

[Mr. Graff]

It only makes 0.5 BB/100 difference in ones winrate, so what the hell /images/graemlins/confused.gif

[wuarhg]

Cheer up lad, more rakeback!

[Mr. Graff]

Funny guy /images/graemlins/grin.gif

[Jeff W]

Hmmmm...this is very unfortunate. I didn't understand why the rake was lowered in the first place, but I embraced it. I would post this in Internet Gambling.

[Guy McSucker]

[ QUOTE ]

It only makes 0.5 BB/100 difference in ones winrate, so what the hell


[/ QUOTE ]

Is that a joke? 0.5BB/100 is huge. We argue all day every day in this forum about decisions worth 0.1BB/100 and nobody dismisses them as unimportant. For proof, see every hand history post.

Edit: Since Mr G was the OP of this thread I guess that post was indeed a joke.
Anyway, Party's rake table looks the same as always to me. Has it really changed?

Guy.

[arkady]

are you that rich?

[J.R.]

[ QUOTE ]
Note: Maximum rake for 6-max tables is $2.00

[/ QUOTE ]

here (http://www.partypoker.com/games/rake.html)

average pot size changes will effect the % of the rake

[Jeff W]

J.R.,

True, but then would we not expect continuous changes over time instead of a discreet jump of 25%?

[J.R.]

its only one day, maybe the games were hoppin

[J.R.]

[ QUOTE ]
I'm positive there must have been a change because for each day in the period from Jan 2005 to April 10th 2005 there is very little variation: 2.03 +/- 0.05.

[/ QUOTE ]

I'm at 2.47% over this time frame, average pot 62.79, avergae rake 1.55 and I play a fair bit

[Mr. Graff]

It was indeed a joke but since noone has bothered to check their own database stats (Summary, % of Pot) I concluded that 0.5 BB/100 means nothing to people. Or perhaps it is just a matter of "if you can't do [censored] about it, then just accept it".

Can some of you 10/20 players check what effect this has on the rake that you pay (before and after 10th of April) - same 25% increase for you?

[naphand]

No I noticed it as well. There was a discrete drop from around 2.50 to around 2.00, from my datamined stats. So this is not a few hands and a few tables. It stayed at 2.00 for a few months (I too thought this was very good news) and recently returned to 2.47 on my figs (near as dammit to 2.50). Their policy does not appear to have changed, although it is possible the programming might have affected it but they have so much munny rolling in they did not notice.

I can confirm same observation. Curious.

[Guy McSucker]

Mr G,

Do you have pokertracker? If so, can you do something for me to clear this thing up...

Filter for $5/10 6-max hands between Jan-Mar 2005 and look at the Summary tab. At the bottom you get the average win rate: that's the rake. What is it?

And what is it when you filter for post April 10th or 12th hands (whenever you think the change happened)? Even a few thousand hands in your DB should give an accurate picture here I think.

I can't do this myself since I switched to $10/20 on April 11th so I have almost no sample since then: just 54 hands of $5/10!

Guy.

[sthief09]

does the fact that the first thing I thought was "woo hoo more rakeback!" make me retarded?

[J.R.]

[ QUOTE ]
but since noone has bothered to check their own database stats (Summary, % of Pot) I concluded that 0.5 BB/100 means nothing to people

[/ QUOTE ]

I conclude u no read goot

[Jeff W]

Yes. /images/graemlins/grin.gif