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#11
09-08-2005, 12:26 PM
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Re: Poker Plex, this rake is incredible
[ QUOTE ]
[ QUOTE ] Perhaps I am missing something, but this complaint never made much sense to me. [/ QUOTE ] You are missing something! [/ QUOTE ] Care to elaborate? 
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#13
09-08-2005, 12:31 PM
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Re: Poker Plex, this rake is incredible
[ QUOTE ]
[ QUOTE ] Perhaps I am missing something, but this complaint never made much sense to me. [/ QUOTE ] Who wants to go Captain on this one? [/ QUOTE ] I guess someone has to... Rake is capped at 3 units Assume $2 = 1 pound (close enough for this) I have two options: I can play 10/20 (dollars) with a 3 dollar rake I can play 5/10 (pounds) with a 3 pound rake The limits are equivalent. Twice as much rake is getting taken out of each pot. You're getting screwed in the pound game.
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#14
09-08-2005, 12:32 PM
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Re: Poker Plex, this rake is incredible
[ QUOTE ]
Play your 300 hands at a level that makes sense for $50 and move on [img]/images/graemlins/smile.gif[/img] [/ QUOTE ] What?!?!?! I am really missing something now... Unless of course, people only complain about the rake in the context of clearing a bonus, while paying as little rake as possible. If this is the only problem with the Crypto rakes, then I understand. Thanks for clarifying in a cryptic sort of way.
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#15
09-08-2005, 12:34 PM
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Re: Poker Plex, this rake is incredible
[ QUOTE ]
[ QUOTE ] [ QUOTE ] Perhaps I am missing something, but this complaint never made much sense to me. [/ QUOTE ] Who wants to go Captain on this one? [/ QUOTE ] I guess someone has to... Rake is capped at 3 units Assume $2 = 1 pound (close enough for this) I have two options: I can play 10/20 (dollars) with a 3 dollar rake I can play 5/10 (pounds) with a 3 pound rake The limits are equivalent. Twice as much rake is getting taken out of each pot. You're getting screwed in the pound game. [/ QUOTE ] I see, so I was right. 10/20 dollar vs 10/20 pound = same amount of rake from each. Very well.
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#16
09-08-2005, 12:36 PM
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Re: Poker Plex, this rake is incredible
[ QUOTE ]
I've never understood this complaint. Suppose a casino rakes 5% of the pot at a 5/10$ game. Pot reaches 100, house takes 5, player wins 95. Play at a 5/10pound game with 5% rake. Pot reaches 100 pounds. House takes 5, player wins 95. One can bitch that in the pound example, the house took more, but you must also note that the player won more. It isn't as if the house counts your winnings in dollars while taking the equivalent rake in pounds. Perhaps I am missing something, but this complaint never made much sense to me. [/ QUOTE ] Lets do a currency conversion. First, for the sake of simplicity, lets say 1GBP = 2USD. Play a 5/10 USD game, $100 pot gets raked $5 Play a 5/10 GBP (equivalent to 10/20 USD) game, 100GBP ($200) gets raked 5GBP ($10) Play a 10/20 USD game, $200 pot gets raked $5. Now do you see a difference?
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#17
09-08-2005, 12:43 PM
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Re: Poker Plex, this rake is incredible
[ QUOTE ]
I see, so I was right. 10/20 dollar vs 10/20 pound = same amount of rake from each. Very well. [/ QUOTE ] No, you weren't right. You can't think about it as the same amount of rake from each. If you play $10/20, the pot is raked $3. If you play 10/20 pounds, the pot is raked $6. 10/20 pound is equivalent (about) to $20/40. At any other site (Party, etc.), a $20/40 pot is capped at a max $3 rate. If you play in a pound game, you are paying twice as much rake as you should.
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#18
09-08-2005, 12:49 PM
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Re: Poker Plex, this rake is incredible
[ QUOTE ]
[ QUOTE ] I've never understood this complaint. Suppose a casino rakes 5% of the pot at a 5/10$ game. Pot reaches 100, house takes 5, player wins 95. Play at a 5/10pound game with 5% rake. Pot reaches 100 pounds. House takes 5, player wins 95. One can bitch that in the pound example, the house took more, but you must also note that the player won more. It isn't as if the house counts your winnings in dollars while taking the equivalent rake in pounds. Perhaps I am missing something, but this complaint never made much sense to me. [/ QUOTE ] Lets do a currency conversion. First, for the sake of simplicity, lets say 1GBP = 2USD. Play a 5/10 USD game, $100 pot gets raked $5 Play a 5/10 GBP (equivalent to 10/20 USD) game, 100GBP ($200) gets raked 5GBP ($10) Play a 10/20 USD game, $200 pot gets raked $5. Now do you see a difference? [/ QUOTE ] I certainly see a difference between 5/10GBP and 10/20USD. I see no difference in terms of percentage of bets lost to the rake, however, in a 5/10GBP and 5/10USD, which was my point. But sure, it makes more sense if you are going to play 10/20GBP, go ahead and play 20/40USD. Although, IMO, the players that play for GBP don't seem to be as good.
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#19
09-08-2005, 12:52 PM
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Re: Poker Plex, this rake is incredible
[ QUOTE ]
[ QUOTE ] I see, so I was right. 10/20 dollar vs 10/20 pound = same amount of rake from each. Very well. [/ QUOTE ] Yes, you were right. You can think about it as the same amount of rake from each. If you play $10/20, the pot is raked $3 ( 1/6 of a BB ). If you play 10/20 pounds, the pot is raked $6 ( 1/6 of a BB ). [/ QUOTE ] FYP (always wanted to, but never got to do that), but I understand the point you are making. Thanks for the clarification.
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#20
09-08-2005, 01:03 PM
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Re: Poker Plex, this rake is incredible
You're a [censored] moron. Don't pull a FYP to make yourself look right when you're obviously wrong.
A 3/6 pot raked $3 is raked 1/2 of a BB. A 30/60 pot raked $3 is raked 1/20 of a BB. But you're still paying the same amount in rake. According to you, taking $3 out at 3/6 and $30 out at 30/60 would be paying the same amount of rake, since it's 1/2 of a BB in each case. You. Are. Wrong.
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