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#1
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CHOP QUESTION
Please help,
A few days ago a several of us from my regular home-game decided to play a private game online. The game was .50 and 1.00 but we were paying off privately at 40X chip value. Here's my question. When the online poker room cut the pot they were taking out .50-.75 out of any pot $5 or more. This amount is $20-30 on our payoff scale. When the game was over I was the only winner of $6.75 which was a win of $270. The combined losers owed roughly $1330. They dont think I should collect the whole amount. My point is what they owe is what they owe. We all know each other and I really dont care about how we do it this time. Could someone please let me know how we should handle this in the future. |
#2
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Re: CHOP QUESTION
I definitely do not think that each of the losers should pay you all their losses. The rake would have been taken from each of you, so the losers would have lost less, but you also would have lost more. Here's my solution, a little awkward to figure out, but seemingly fair; divide up the rake between everyone.
Figure out what the rake was by: Total of all the Loser's lost money - Total of all the Winners won money = Total Rake. Divide total rake / number of players = Rake per Person Add the Rake per Person to each person's totals and it should all come out even now. Quick example with 3 people: A loses 300 B loses 150 C wins 300 Rake = 150 Rake per Person = 50 Overall = A owes C 250, B owes C 100 Sound fair? |
#3
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Re: CHOP QUESTION
mmanne,
Thanks alot for your thoughtful and timely response. This is the direction we were all leaning anyway. It was a great game and we want to continue on Sunday evening. This should make everyone happy. Thanks again, pokerguru71 |
#4
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Re: CHOP QUESTION
just read mmanne post and like his thoughts, so I deleted my original reply to the question.
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#5
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Re: CHOP QUESTION
Play .01/.02 on UB. It isn't raked and use whatever multiplier you want.
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#6
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Re: CHOP QUESTION
"Could someone please let me know how we should handle this in the future."
play on play money tables? |
#7
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Re: CHOP QUESTION
Actually the geniuses at Party rake their play money table...
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#8
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Re: CHOP QUESTION
[ QUOTE ]
Actually the geniuses at Party rake their play money table... [/ QUOTE ] They have to. With all the new players signing up, the Party Play Dollar (PPD) has become so devalued against the Everquest Platinum Piece (EPP) that some imaginary economists are predicting a catastrophic collapse that could affect the entire global system of fictional currencies including the Monopoly Dollar (MD), the Final Fantasy Gil (FFaG), the Diablo II Stones of Jordan (SoJ), and the World of Warcraft Gold Piece (WOWgp - which, because this game is still in beta, not only doesn't exist but doesn't even pretend to exist yet.) I wonder what this works out to in beads and shells. /mc |
#9
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Re: CHOP QUESTION
Your forgot about the Command and Conquer Tiberium Ore (TO), the Simcity 4 Simoleans (S), and the ever so rare Shadowrun Nuyen.
-AA |
#10
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Re: CHOP QUESTION
I suppose PartyPoker is the only site of the big four that
allows private tables, so since this is just a game between you and your friends/acquantances, it seems okay to continue your game there. Just refund everyone the total amount raked x (multiplier-1)/(number of players) and everything should balance out. If there are enough of you to fill a table on a play money table, that's a better possibility as there is no rake. And as someone else had already suggested, ultimatebet micro limits are also rake free but again, you would have to be able to fill all the seats for otherwise you will often have an uninvited guest! |
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