$$$ Per Hour Poll Results—Analysis - Page 4

jjacky · #31 06-13-2005, 04:46 PM

the bonuses decrease the rake, but there is still much money that leaves the table this way.

jjacky · #32 06-13-2005, 04:49 PM

[quoteI think this proves two things.

1. The rake is pretty hard to overcome.

2. There are far more losing poker players in the world than most people can imagine.

[/ QUOTE ]

good post. unfortunately both points are undoubtedly true.

grimel · #33 06-13-2005, 04:57 PM

No doubts, BUT, the bonus and rakeback does help the online player overcome the rake and post a profit.

Rudbaeck · #34 06-13-2005, 06:06 PM

[ QUOTE ]
No doubts, BUT, the bonus and rakeback does help the online player overcome the rake and post a profit.

[/ QUOTE ]

By bonus whoring a small stakes player can more or less get rid of the rake for the first 20k hands each month or so. Without the black hole it's alot easier to make a modest profit.

WLVRYN · #35 06-13-2005, 06:07 PM

To further that point, I've been bonus whoring since February, mostly at $1/2, but a little at $2/4 as well (and one costly foray into $3/6 - but I'm not talking about that). My PokerTracker results show that I've paid just about $1,900 in rake in about 36,000 hands at Party/skins, UB (with rakeback), Paradise and Crytpos. I keep a separate spreadsheet, which shows that I've earned just over $4,000 in bonuses/rakeback during that time. At the same time, I'm just ahead of break even from a true poker winnings standpoint (but getting better since reading SSHE a second time), which makes bonuses and rakeback that much more important to me.