When Did Absolute Start Raking The .50/1.00 Games at $1.00
 

I was playing .50/1.00 LHE on Absolute today and I noticed that they are now raking the pots starting at $1.00, I noticed this because I was on the BB it folded around to the SB and the SB called and I checked and when the flop came down the pot was .95 ,they had raked .05.I thought that Absloute starting raking their .50/1.00 tables at $2.00, how long has this been changed?

Re: When Did Absolute Start Raking The .50/1.00 Games at $1.00
 

As far as I know they have always done this. It is pretty lame (especially if you play Stud).

It is awful, but still better than Pacific who rakes 0.01 every $0.20.

Re: When Did Absolute Start Raking The .50/1.00 Games at $1.00
 

Isn't this better though considering that there is always a bonus available?

Re: When Did Absolute Start Raking The .50/1.00 Games at $1.00
 

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Isn't this better though considering that there is always a bonus available?

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Great. Now the math police are going to come out and use algebra or whatever to chart the intersection of rake vs. bonus and why its -EV for the pot to be raked at that rate using exponential mathematics. Good job. [img]/images/graemlins/tongue.gif[/img]

Re: When Did Absolute Start Raking The .50/1.00 Games at $1.00
 

[ QUOTE ]
Isn't this better though considering that there is always a bonus available?

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The pot has to be raked .25 to count towards the bonus. So if they're just taking .05 out, it's pure profit for them.

Re: When Did Absolute Start Raking The .50/1.00 Games at $1.00
 

[ QUOTE ]
[ QUOTE ]
Isn't this better though considering that there is always a bonus available?

[/ QUOTE ]
The pot has to be raked .25 to count towards the bonus. So if they're just taking .05 out, it's pure profit for them.

[/ QUOTE ]

no

rakeback gets you at least a quarter of that back

Re: When Did Absolute Start Raking The .50/1.00 Games at $1.00
 

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Isn't this better though considering that there is always a bonus available?

[/ QUOTE ]
The pot has to be raked .25 to count towards the bonus. So if they're just taking .05 out, it's pure profit for them.

[/ QUOTE ]

no

rakeback gets you at least a quarter of that back

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No, rakeback does not get at least a quarter back. It gets you much less than that since you have to share that $0.05 with the other people at the table.

Re: When Did Absolute Start Raking The .50/1.00 Games at $1.00
 

[ QUOTE ]
[ QUOTE ]
Isn't this better though considering that there is always a bonus available?

[/ QUOTE ]

Great. Now the math police are going to come out and use algebra or whatever to chart the intersection of rake vs. bonus and why its -EV for the pot to be raked at that rate using exponential mathematics. Good job. [img]/images/graemlins/tongue.gif[/img]

[/ QUOTE ]

Step off of the calculator and give me your id.

Re: When Did Absolute Start Raking The .50/1.00 Games at $1.00
 

I used my pokertracker and discovered that, yep, my bonus for last month was more than rake collected from me. YAWOO!!!!!!!!!!!!!!!!!!!!!!!!!!!
Even with the early rake collection.

Re: When Did Absolute Start Raking The .50/1.00 Games at $1.00
 

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Isn't this better though considering that there is always a bonus available?

[/ QUOTE ]
The pot has to be raked .25 to count towards the bonus. So if they're just taking .05 out, it's pure profit for them.

[/ QUOTE ]

no

rakeback gets you at least a quarter of that back

[/ QUOTE ]

No, rakeback does not get at least a quarter back. It gets you much less than that since you have to share that $0.05 with the other people at the table.

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ugh don't argue - if you'd put in the entire .05 yourself (somehow) you'd get 1/4 of it back, actually more as I'm sure AP divides the rake by players, meaning TAGs get a higher 'overall' percentage than average players

obviously you don't get 1/4 of the table's total rake back

they don't profit 100% off of my share of the rake - they only profit <75% (not taking into account bonus)