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#1
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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? |
#2
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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.
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#3
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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? |
#4
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Why would you go full time if you only played break even poker?
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#5
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[ 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. |
#6
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[ 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. |
#7
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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. |
#8
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[ QUOTE ]
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?!?!?!?! |
#9
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[ QUOTE ]
[ QUOTE ] 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?!?!?!?! [/ QUOTE ] if you truly play that much (4-tabling 8 hours a day, every day of the month including weekends and holidays), then you can earn 5-8 cents every raked hand at $3/6, which is between $2000-3000 in rake rebate. |
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