Rakeback Question

NEinstein · #1 10-27-2004, 02:22 PM

For those of you receiving rakeback from your favorite poker site, what is your monthly rakeback and games normally played? PM if you don't feel like posting...

I'm not offering rakeback right now, nor looking for rakeback deals.

Scott

BIGRED · #2 10-27-2004, 02:34 PM

It can get pretty big if you play enough hands at the mid limits, especially on short handed tables.

For example at 5/10 6-max, where the avg rake is ~$1.5 and avg player is ~5.5, if you have a x% back deal, then that's

($1.5/5.5) * x% per hand
= $0.27 * x% per hand

I think the going rate is around 20%, so if you use the example above, that's around a nickel per hand. If you can average 1K per day (which is easy if you multi-table), then you're looking at around $50 a day.

Hung · #3 10-27-2004, 04:18 PM

Seems a bit high.

I'm not very good at this, so correct me if I'm wrong.
Let's assume the rake is $1 for every thand and there're 10 players. That's 10 cent for every player. You get 20% of your share, so that's 2cent/hand.
50 hands/table/hour. If you play 4 tables, it's 200 hands/hour. You need to be a pro to play 5 hours a day. But anyway, if you reach 1000 hands, you'll get $20. I think $10/day is more like it. That's still very nice. $300 every month extra. That pays the rent for a lot of people.

BIGRED · #4 10-27-2004, 04:28 PM

I used 5/10 6-max games as an example.
Go back and re-read my reply.

Hung · #5 10-27-2004, 04:32 PM

I used 5/10 6-max games as an example

and I used a full table as an example.
What's the big deal?

bonanz · #6 10-27-2004, 04:35 PM

[ QUOTE ]
I used 5/10 6-max games as an example

and I used a full table as an example.
What's the big deal?

[/ QUOTE ]

you said his number looked high, he used 6 max as an example, which generates more rake than a full ring game.
no big deal

Hung · #7 10-27-2004, 04:41 PM

Yes, it does seem high to me.
Even on a 6-handed tables. I don't want people to think it's easy to get $40 a day. Because it's hard to enough to get $10/day rakeback.

BIGRED · #8 10-27-2004, 04:43 PM

[ QUOTE ]
I used 5/10 6-max games as an example

and I used a full table as an example.
What's the big deal?

[/ QUOTE ]

Ummm, I don't know why you're getting testy...

In your reply, you said, "I think $10/day is more like it.", which to me suggested that my numbers were far-fetched. And all I said was "re-read my example." becasue I used an example that suggests something in the order of $50 is just as likely. In fact I would contend that $50 per day is easy if you're playing mid limits.

There is no problem.

BIGRED · #9 10-27-2004, 04:46 PM

[ QUOTE ]
Yes, it does seem high to me.
Even on a 6-handed tables. I don't want people to think it's easy to get $40 a day. Because it's hard to enough to get $10/day rakeback.

[/ QUOTE ]

Are you saying 1000 hands per day at 5/10 6-max is hard to do? If you do 4 tables that's little less than 3 hrs per day.

bonanz · #10 10-27-2004, 04:50 PM

his assumptions:

[ QUOTE ]
For example at 5/10 6-max, where the avg rake is ~$1.5 and avg player is ~5.5

[/ QUOTE ]

yours:

[ QUOTE ]
Let's assume the rake is $1 for every thand and there're 10 players...

...50 hands/table/hour. If you play 4 tables, it's 200 hands/hour.

[/ QUOTE ]

6max you will get more hands/table/hour

you said:
[ QUOTE ]
I'm not very good at this, so correct me if I'm wrong.

[/ QUOTE ]