Average Rakeback

[carlk73]

What is your average rakeback in a month and at what stakes?

Do you find it is a significant percentage of your monthly profit?

Also, if you played ultra tight at 3/6, for example, would the rakeback compensate for the cost of blinds?

[Shoe]

No, rakeback is not enough to cover the blinds. If every pot was raked $3 at a 10 person table, you would be getting about .06 - .08 per hand, for a total of $.60 - $.80 per orbit. Of course, not every hand will be raked that high, so you need to atleast play break even poker as it is to make money off of rake back.

[carlk73]

Thanks for the useful information.

Do you think there's a lot of full time players breaking even or achieving a modest positive BB/100, thus making the majority of their living wage from the rakeback?

[BradleyT]

Why would you go full time if you only played break even poker?

[pudley4]

[ QUOTE ]
Why would you go full time if you only played break even poker?

[/ QUOTE ]

Rakeback per hand @ 5/10 6max = .06

Hands per hour @ 5/10 6max = 100

.06 * 100 * 8 tables = $48/hr. Not bad.

[playersare]

25% rakeback is worth approximately 1.0BB/100 at the lower limits, down to about 0.5BB/100 at the higher limits.

the higher limits you wager, the more skillful you will need to be in actual play in order to eke out long term profits.

an intense, low limit whoring/rakeback lifestyle theoretically plateaus in the $40-50K/yr range. this is roughly the same as 4-tabling $5/10 SH and up which yields about $25/hr in rakeback.

in the long run, you WILL need to be a winning player at the bare minimum of 1.0BB/100 at high limits, if you don't want to have a 'real' job.

[mosta]

[ QUOTE ]
[ QUOTE ]
Why would you go full time if you only played break even poker?

[/ QUOTE ]

Rakeback per hand @ 5/10 6max = .06

Hands per hour @ 5/10 6max = 100

.06 * 100 * 8 tables = $48/hr. Not bad.

[/ QUOTE ]

I see 5T-6m rakebacks at a dime hand. but I'm not going to advertize, or jeapordize anyone's deal.

[playersare]

at $5/10 you should be able to hit an average $60 pot for max $3 rake, though obviously it's much more certain at higher limits.

$3 rake split between 6 players is 50 cents MGR per hand, worth 12.5 cents at 25% rakeback.

a somewhat tight 5T table might only muster an average pot between 5-6BB, which would rake only $2 instead of $3 one-third to one-half of the time. so you could interpolate that as closer to 10 cents per.

[mosta]

looks reasonable. what I've seen based on my game selection is:

avg players per hand: $5.47
avg rake per hand: $1.77 (I'm not going to look up avg pot)
hands/hr/table: 91
and percent rakeback goes higher than 25% with a good deal.
also note, that if you are getting say 25% rakeback, your true rakeback will be closer to 40% because of how Party's method overestimates your contribution (vs true rake in PT).

my true avg rake is $.23/hand. my party avg rake is $.32/hand.
(I think this is in raked hands (both numbers), and 70% of my hands are raked.)

also note, if the avg rake seems low to you, this is not by any means from seeking out tight tables. it's low for 2 reasons: $70-$80 pot avg tables usually come back to earth pretty fast and drop into the middle of the list; and I'll stay and play 2 or 3 handed vs anyone with a very high vpip (unless they started to show good short handed tactics and aggression--which they never do).

also note, it's not quite accurate to take the numbers above and multiply by 4 or 8. it's pretty hard to keep 4 tables going, or at least it is for me, and my avg # tables at a time is a little below 3.5, due to games breaking.

[PokerBob]

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25% rakeback is worth approximately 1.0BB/100 at the lower limits,

[/ QUOTE ]

Wait, does this mean that if I play 45K hands/month I can expect 45000/100 x 1bb ($6) = $2700?!?!?!?!