Poker Plex, this rake is incredible [Archive]

pokerrookie

09-08-2005, 12:16 PM

I've never understood this complaint.

Suppose a casino rakes 5% of the pot at a 5/10$ game. Pot reaches 100, house takes 5, player wins 95.

Play at a 5/10pound game with 5% rake. Pot reaches 100 pounds. House takes 5, player wins 95. One can bitch that in the pound example, the house took more, but you must also note that the player won more. It isn't as if the house counts your winnings in dollars while taking the equivalent rake in pounds.

Perhaps I am missing something, but this complaint never made much sense to me.

gila

09-08-2005, 12:19 PM

[ QUOTE ]

Perhaps I am missing something, but this complaint never made much sense to me.

[/ QUOTE ]

You are missing something!

boose_bagina

09-08-2005, 12:21 PM

[ QUOTE ]
Perhaps I am missing something, but this complaint never made much sense to me.

[/ QUOTE ]
Who wants to go Captain on this one?

pokerrookie

09-08-2005, 12:25 PM

[ QUOTE ]
[ QUOTE ]
Perhaps I am missing something, but this complaint never made much sense to me.

[/ QUOTE ]
Who wants to go Captain on this one?

[/ QUOTE ]

Hey, lookie here. 2 posts, no answers. How long before someone elaborates?

pokerrookie

09-08-2005, 12:26 PM

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[ QUOTE ]

Perhaps I am missing something, but this complaint never made much sense to me.

[/ QUOTE ]

You are missing something!

[/ QUOTE ]

Care to elaborate?

Uglyowl

09-08-2005, 12:28 PM

Play your 300 hands at a level that makes sense for $50 and move on /images/graemlins/smile.gif

SoCalRugger

09-08-2005, 12:31 PM

[ QUOTE ]
[ QUOTE ]
Perhaps I am missing something, but this complaint never made much sense to me.

[/ QUOTE ]
Who wants to go Captain on this one?

[/ QUOTE ]
I guess someone has to...

Rake is capped at 3 units

Assume $2 = 1 pound (close enough for this)

I have two options:

I can play 10/20 (dollars) with a 3 dollar rake
I can play 5/10 (pounds) with a 3 pound rake

The limits are equivalent. Twice as much rake is getting taken out of each pot. You're getting screwed in the pound game.

pokerrookie

09-08-2005, 12:32 PM

[ QUOTE ]
Play your 300 hands at a level that makes sense for $50 and move on /images/graemlins/smile.gif

[/ QUOTE ]

What?!?!?! I am really missing something now...

Unless of course, people only complain about the rake in the context of clearing a bonus, while paying as little rake as possible. If this is the only problem with the Crypto rakes, then I understand. Thanks for clarifying in a cryptic sort of way.

pokerrookie

09-08-2005, 12:34 PM

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Perhaps I am missing something, but this complaint never made much sense to me.

[/ QUOTE ]
Who wants to go Captain on this one?

[/ QUOTE ]
I guess someone has to...

Rake is capped at 3 units

Assume $2 = 1 pound (close enough for this)

I have two options:

I can play 10/20 (dollars) with a 3 dollar rake
I can play 5/10 (pounds) with a 3 pound rake

The limits are equivalent. Twice as much rake is getting taken out of each pot. You're getting screwed in the pound game.

[/ QUOTE ]

I see, so I was right. 10/20 dollar vs 10/20 pound = same amount of rake from each. Very well.

meow_meow

09-08-2005, 12:36 PM

[ QUOTE ]
I've never understood this complaint.

Suppose a casino rakes 5% of the pot at a 5/10$ game. Pot reaches 100, house takes 5, player wins 95.

Play at a 5/10pound game with 5% rake. Pot reaches 100 pounds. House takes 5, player wins 95. One can bitch that in the pound example, the house took more, but you must also note that the player won more. It isn't as if the house counts your winnings in dollars while taking the equivalent rake in pounds.

Perhaps I am missing something, but this complaint never made much sense to me.

[/ QUOTE ]

Lets do a currency conversion. First, for the sake of simplicity, lets say 1GBP = 2USD.

Play a 5/10 USD game, $100 pot gets raked $5
Play a 5/10 GBP (equivalent to 10/20 USD) game, 100GBP ($200) gets raked 5GBP ($10)

Play a 10/20 USD game, $200 pot gets raked $5.

Now do you see a difference?

SoCalRugger

09-08-2005, 12:43 PM

[ QUOTE ]
I see, so I was right. 10/20 dollar vs 10/20 pound = same amount of rake from each. Very well.

[/ QUOTE ]
No, you weren't right. You can't think about it as the same amount of rake from each.

If you play $10/20, the pot is raked $3.
If you play 10/20 pounds, the pot is raked $6.

10/20 pound is equivalent (about) to $20/40. At any other site (Party, etc.), a $20/40 pot is capped at a max $3 rate. If you play in a pound game, you are paying twice as much rake as you should.

pokerrookie

09-08-2005, 12:49 PM

[ QUOTE ]
[ QUOTE ]
I've never understood this complaint.

Suppose a casino rakes 5% of the pot at a 5/10$ game. Pot reaches 100, house takes 5, player wins 95.

Play at a 5/10pound game with 5% rake. Pot reaches 100 pounds. House takes 5, player wins 95. One can bitch that in the pound example, the house took more, but you must also note that the player won more. It isn't as if the house counts your winnings in dollars while taking the equivalent rake in pounds.

Perhaps I am missing something, but this complaint never made much sense to me.

[/ QUOTE ]

Lets do a currency conversion. First, for the sake of simplicity, lets say 1GBP = 2USD.

Play a 5/10 USD game, $100 pot gets raked $5
Play a 5/10 GBP (equivalent to 10/20 USD) game, 100GBP ($200) gets raked 5GBP ($10)

Play a 10/20 USD game, $200 pot gets raked $5.

Now do you see a difference?

[/ QUOTE ]

I certainly see a difference between 5/10GBP and 10/20USD. I see no difference in terms of percentage of bets lost to the rake, however, in a 5/10GBP and 5/10USD, which was my point.

But sure, it makes more sense if you are going to play 10/20GBP, go ahead and play 20/40USD. Although, IMO, the players that play for GBP don't seem to be as good.

pokerrookie

09-08-2005, 12:52 PM

[ QUOTE ]
[ QUOTE ]
I see, so I was right. 10/20 dollar vs 10/20 pound = same amount of rake from each. Very well.

[/ QUOTE ]
Yes, you were right. You can think about it as the same amount of rake from each.

If you play $10/20, the pot is raked $3 ( 1/6 of a BB ).
If you play 10/20 pounds, the pot is raked $6 ( 1/6 of a BB ).

[/ QUOTE ]

FYP (always wanted to, but never got to do that), but I understand the point you are making. Thanks for the clarification.

SoCalRugger

09-08-2005, 01:03 PM

You're a [censored] moron. Don't pull a FYP to make yourself look right when you're obviously wrong.

A 3/6 pot raked $3 is raked 1/2 of a BB.
A 30/60 pot raked $3 is raked 1/20 of a BB.
But you're still paying the same amount in rake.

According to you, taking $3 out at 3/6 and $30 out at 30/60 would be paying the same amount of rake, since it's 1/2 of a BB in each case.

You. Are. Wrong.

gila

09-08-2005, 02:25 PM

Well, look at it this way rookie. If you are playing small stakes holdem, lets say you have the bankroll to play $2/4, you can either go to american tables and play 2/4, or you can go to British tables and play 1/2 which, I believe is close to 3.60/1.80.

Now, stay with me, if you are an average winner of about 1 bb/100 hands in the american game, and if the brit. game has the exact same quality of players, you are probably now a loser, or very close to it.

So, this rake that you are claiming makes no difference, has turned a small stakes game from beatable to unbeatable.

And what does FYP mean anyway.

obsidian

09-08-2005, 02:30 PM

The rake is twice as much as every other site for equivalent limits when using pounds. Is this really that hard to understand?

Michael Davis

09-08-2005, 02:31 PM

Oh man I'm having such a hard time holding my tongue.

-Michael

StacysMom

09-08-2005, 02:40 PM

Rookie, if u cant understand this after multiple posters explained it, its time for u to give up on poker.

mdeck

09-08-2005, 03:01 PM

[ QUOTE ]
Rookie, if u cant understand this after multiple posters explained it, its time for u to go back to first grade

[/ QUOTE ]

fyp

gila

09-08-2005, 03:04 PM

Oh, yea, I know you like to compare $1/2 to G1/2, though I do not know why. But, just so you realize, lets say you have the bankroll to play 2/4 but you are just going to play 1/2. You can't decide if you should play $ or G, but yet, barring a vast difference in players, it should be an easy choice since one is beatable and one is not, even though they are both 1/2 at they both max rake at 3 units.

JRussell

09-08-2005, 03:11 PM

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But sure, it makes more sense if you are going to play 10/20GBP, go ahead and play 20/40USD.

[/ QUOTE ]

LOL...you need to think about that statement pokerrookie. If you say it's better to play USD at the 10/20,20/40 level why wouldn't the same go for the 5/10,10/20 level??

Precision1C

09-08-2005, 03:41 PM

One major advantage to playing large 10/20 or higher is that many pots get so large that the rake hits the cap and all the extra action beyond say 60 is rake free. In a pound game, yes any action beyond 60 pounds is free, but you end up paying rake on the equivelent of 120 dollars.

For example playing in a 10/20 dollar game a 200 dollar pot gets raked 3 dollars a 5/10 pound game pot that reaches 100 pounds=200 dollars get raked 3 pounds=6 dollars. So if you play in a large pound game you will get hammered on the rake compared to a similiar dollar sized game.

AcmeSalesRep

09-08-2005, 05:36 PM

[ QUOTE ]
[ QUOTE ]
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I see, so I was right. 10/20 dollar vs 10/20 pound = same amount of rake from each. Very well.

[/ QUOTE ]
Yes, you were right. You can think about it as the same amount of rake from each.

If you play $10/20, the pot is raked $3 ( 1/6 of a BB ).
If you play 10/20 pounds, the pot is raked $6 ( 1/6 of a BB ).

[/ QUOTE ]

FYP (always wanted to, but never got to do that), but I understand the point you are making. Thanks for the clarification.

[/ QUOTE ]

Aer you seriously this big of an idiot? Does it come naturally? Or did you have to work at it?

Acme

theben

09-08-2005, 05:37 PM

crazY

jman220

09-08-2005, 05:56 PM

[ QUOTE ]
Don't pull a FYP to make yourself look right when you're obviously wrong.

[/ QUOTE ]

pokerrookie

09-08-2005, 08:27 PM

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You're a [censored] moron. Don't pull a FYP to make yourself look right when you're obviously wrong.

A 3/6 pot raked $3 is raked 1/2 of a BB.
A 30/60 pot raked $3 is raked 1/20 of a BB.
But you're still paying the same amount in rake.

According to you, taking $3 out at 3/6 and $30 out at 30/60 would be paying the same amount of rake, since it's 1/2 of a BB in each case.

You. Are. Wrong.

[/ QUOTE ]

Nothing I said in my original post was incorrect. But youre the smart one, obviously.

pokerrookie

09-08-2005, 08:28 PM

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
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I see, so I was right. 10/20 dollar vs 10/20 pound = same amount of rake from each. Very well.

[/ QUOTE ]
Yes, you were right. You can think about it as the same amount of rake from each.

If you play $10/20, the pot is raked $3 ( 1/6 of a BB ).
If you play 10/20 pounds, the pot is raked $6 ( 1/6 of a BB ).

[/ QUOTE ]

FYP (always wanted to, but never got to do that), but I understand the point you are making. Thanks for the clarification.

[/ QUOTE ]

Aer you seriously this big of an idiot? Does it come naturally? Or did you have to work at it?

Acme

[/ QUOTE ]

All we think about in poker is BB, not money.

AcmeSalesRep

09-08-2005, 08:38 PM

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
I see, so I was right. 10/20 dollar vs 10/20 pound = same amount of rake from each. Very well.

[/ QUOTE ]
Yes, you were right. You can think about it as the same amount of rake from each.

If you play $10/20, the pot is raked $3 ( 1/6 of a BB ).
If you play 10/20 pounds, the pot is raked $6 ( 1/6 of a BB ).

[/ QUOTE ]

FYP (always wanted to, but never got to do that), but I understand the point you are making. Thanks for the clarification.

[/ QUOTE ]

Aer you seriously this big of an idiot? Does it come naturally? Or did you have to work at it?

Acme

[/ QUOTE ]

All we think about in poker is BB, not money.

[/ QUOTE ]

Continue making moronic comments...that's a great way to convince people you are not an idiot...

Player A wins 3BB/100 at 1/2; Player B wins 1BB/100 at 100/200...which player would you rather be?

Since you think only in terms of BB, you must prefer to be Player A...

Acme

SoCalRugger

09-08-2005, 08:50 PM

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All we think about in poker is BB, not money.

[/ QUOTE ]
So I guess only raking 1/10th of a BB at the 1000/2000 Omaha 8/b game Ivey was playing the other night would be a bargain.

Thank you for confirming that you are a total fcking retard.