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#1
05-05-2005, 10:55 AM
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Playing just for rake
I'm interested if anyone here plays on the basis of playing just to collect rake rebates from affiliates and bonuses.
If you do how many tables do you play and what levels do you play at? Also what stategy do you use? How tight do you play and do you have ways to minimise variance? Or have you found that the (presumably) lower win rate increases your variance? Cheers 
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#2
05-05-2005, 11:18 AM
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Re: Playing just for rake
Post and fold, you can make a bot to do that for you. So you'll be earning rakeback for nothing!!!
I don't know why you would ask this.
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#3
05-05-2005, 11:21 AM
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Re: Playing just for rake
[ QUOTE ]
I'm interested if anyone here plays on the basis of playing just to collect rake rebates from affiliates and bonuses. If you do how many tables do you play and what levels do you play at? Also what stategy do you use? How tight do you play and do you have ways to minimise variance? Or have you found that the (presumably) lower win rate increases your variance? Cheers [/ QUOTE ] I know this doesn't answer your questions, but... here goes- I don't know that anyone explicitly plays just for rakeback, although I bet there are some here for whom rakeback makes up a very large portion of their earnings. Poker is about maximizing your expectation (BB/100 or whatever), so why would you just focus on getting a zero BB/100? You might as well just improve your game and you will make much much more money... The best rakeback would probably be like 0.3-0.4 BB/100. I just don't get why you would avoid getting a higher winrate...
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#4
05-05-2005, 11:37 AM
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Re: Playing just for rake
How could one ever make any rake back simply by posting and folding? Wouldn't they have to actually play and win pots? I do realize that one could make a bot to play for them, but it would be significantly harder than it would be to make a preflop bot.
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#5
05-05-2005, 11:55 AM
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Re: Playing just for rake
To pay rake, you have to win. Getting rakeback is like a bonus for winning.
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#6
05-05-2005, 12:15 PM
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Re: Playing just for rake
You don't have to win any pots to get rakeback. The way rake is calculated is like this. Lets say you are at a table of 10 players for 500 hands and you never win a pot. The pot is raked $3 every hand. Technically, according to the site and the way they pay their affiliates, they divide the $1500 rake paid by 10, so you've paid $150 rake. Then multiply that by your percentage rakeback, and you have your rebate amount. So technically you can earn rakeback by posting and folding.
The silly part is you're going to lose more by posting the blinds than you'll get back from the rakerebate. The whole reasoning of trying to play break even poker is beside me and this makes no sense.
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#7
05-05-2005, 12:53 PM
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Re: Playing just for rake
Playing just for rakeback is a losing proposition. Dealer Toe is correct in saying that rakeback has nothing to do with how many pots you win...it's a relationship between the number of hands you play and the number of people in each pot. FWIW, exclusively playing 6 max tables can be a lucrative situation.
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#10
05-05-2005, 01:45 PM
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Re: Playing just for rake
[ QUOTE ]
At Party Poker and affiliated sites, the rake is paid by the winner of the pot. [/ QUOTE ] This is true to a point, but this is not how your MGR is calculated, which is what rakeback is based upon.
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