Re: Is B&M low limit waste of time?
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Does your average 2+2er win 10% of pots? I would think that is extremely high... since you are only playing a very small portion of flops, and folding a large percentage of those when you miss the flop/draw. I would put us at winning an average of 6-7% of pots. This is for your normal 20/10 player with good aggression. So that means you only need to win around 4 BB/100 to beat the rake, and last I saw Party Poker BB/100 for $0.50/1.00 was about 3 BB/100 to beat the rake, so not much worse. (average rake around $0.50 per hand so winning at 6% of hands = rake paid of about 3.00 = 3 BB/100). B&M for a capped rake of $4/hand you win 6% of your 100 hands seen means $24 in rake = 4 BB/100. Take out the jackpot drop and you are down to 3 BB/100 and you can't assume every pot is capped in rake, average rake on winning hands is probably somewhere around 2 dollars per hand.
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I win 10% of pots, but I'm not your average 2+2er. [img]/images/graemlins/grin.gif[/img]
Also consider that a better player will find better opportunities to take down pots with rags uncontested.
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