Re: It\'s a misconception that Party\'s rake is higher.
 

According to PT, I pay virtually the same rake on UB and party, but I have tons of bonus bucks on UB, so I only play party for reload bonuses.

Re: It\'s a misconception that Party\'s rake is higher.
 

So you play on UB because of the fact that the bonuses take forever to clear? [img]/images/graemlins/tongue.gif[/img]

Re: It\'s a misconception that Party\'s rake is higher.
 

If you get rakeback isn't it actually better that party's rake is higher? That way you get rakeback from every raked pot, even if you folded preflop (I think)

Re: It\'s a misconception that Party\'s rake is higher.
 

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If you get rakeback isn't it actually better that party's rake is higher? That way you get rakeback from every raked pot, even if you folded preflop (I think)

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No... would you want the rake to be $100/hand just so you could get $30 back, and get stuck paying $70/hand rake?

I'm just saying that the rake's the same or lower at the limit(s) I play, so 30% of it back is just gravy.

Dan

Re: It\'s a misconception that Party\'s rake is higher.
 

[ QUOTE ]
[ QUOTE ]
If you get rakeback isn't it actually better that party's rake is higher? That way you get rakeback from every raked pot, even if you folded preflop (I think)

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No... would you want the rake to be $100/hand just so you could get $30 back, and get stuck paying $70/hand rake?

I'm just saying that the rake's the same or lower at the limit(s) I play, so 30% of it back is just gravy.

Dan

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I'm not sure of the overall validity of the argument, but maybe you would want it to be as high as possible under a huge amount of assumptions. If they paid rakeback for every hand (not just the ones you won), then you might want it to be raked $100 a hand. You fold preflop everytime, and get $30. Clearly this is ridiculous that I even typed this, but oh well....

Re: It\'s a misconception that Party\'s rake is higher.
 

Lower rake is better unless you get way more than the traditional ~25-30% rakeback deal. The extra rake you pay when you win is not offset by the extra rakeback you earn. I will put together an excel sheet with this later, this is off the top of my head for now, don't sue me for math errors.

Party Ring Table, 10 handed $1/$2, cost for 10 hands is $1.50 so $0.15/hand for the blinds. Average Pot is 6.5BB ($13) so $0.50-0.75 rake, I will use $0.625 per hand. You play conservatively and see ~25% of the flops, you see SD about 30% of the time you see a flop and win about 60% of the time you show down. So your winning .25*.30*.60 which is .045% so you pay $5.63 in rake over the course of 200 hands ($0.625 * 200*.045). Assuming 75% of all hands are raked, the rake generated at the table total is ($0.625*200*.75) or $93.50, $9.35 which is your contribution. Assuming you get 25% you make $2.34 in rakeback. Net effect of rake -$3.29 Now, lower that rake to a more traditional $0.25/$5 pot and the average pot size of 6.5BB means a hand is raked on average will be $0.45 about 75% of the time. You still win 9 hands out of 200, so you now pay $4.05 in rake, but the total rake payed is now ($0.45*200*.75) 67.5, 6.75 which is your contribution so $1.69 in rake back, net effect of rake -$2.36, so you save $0.93 for 200 hands or $0.0046 per hand paying the lower rake, even with the rake back.