Beating the rake

OffTilt · #1 09-01-2003, 02:11 PM

3$ rake in 2/4 and 3/6 games seems to be very common across the country. I don't think these games are beatable, at least not for much. Very strange how the same people who don't trust online poker with its lower rakes trust the B&M casinos that have been fleecing them for years.

OffTilt

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Homer · #2 09-01-2003, 03:50 PM

3$ rake in 2/4 and 3/6 games seems to be very common across the country.

I think $4 is more common.

I don't think these games are beatable, at least not for much.

It depends what you mean by much. If you are speaking in terms of dollar amounts, then yes you are right -- no one's going to make a living from these games. If you are speaking in terms of bets, then you are wrong. These games can easily be beaten for 1-2 BB's/hr.

Very strange how the same people who don't trust online poker with its lower rakes trust the B&M casinos that have been fleecing them for years.

What people don't trust with online poker is the legitimacy of the deal. It has nothing to do with the rake.

-- Homer

OffTilt · #3 09-01-2003, 04:53 PM

"These games can easily be beaten for 1-2 BB's/hr."

Sorry, I can't agree with you there. At 4$/pot you are getting raked over 400% more than an online game, where 2 BB/hr is admirable.

"What people don't trust with online poker is the legitimacy of the deal. It has nothing to do with the rake."

My point is the casino is "rigged" in a different way.

gonores · #4 09-01-2003, 06:11 PM

[ QUOTE ]
At 4$/pot you are getting raked over 400% more than an online game

[/ QUOTE ]

Not true. Even at a B&M, you need a considerable pot to hit the $4 mark. Casinos generally rake at a clip of 10%, compared to 5% online, so I'd comfortably say you are being charged about double at a B&M compared to the internet, maybe slightly less, depending on the complexion of the game.

Beyond that, the quality of play at a B&M $3/$6 is considerably worse than the quality of play at the same limit online.

OffTilt · #5 09-01-2003, 06:46 PM

Don't forget the dollar tip for each raked hand as well.
OffTilt

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Start winning hundreds at Texas Holdem with Power Holdem+
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Vehn · #6 09-01-2003, 07:46 PM

Once again I will note that at a typical $3/$6 online 150% more is being raked off the table per hour versus a typical B&M game. But online poker is the way to go, right?

Wake up CALL · #7 09-01-2003, 09:03 PM

[ QUOTE ]
Once again I will note that at a typical $3/$6 online 150% more is being raked off the table per hour versus a typical B&M game. But online poker is the way to go, right?

[/ QUOTE ]

Suppose I pay 150% more Federal income tax than you do. Does that mean I'd rather have your income than mine? This is what you are saying when you compare the amounts being raked versus the percentage of the rake. You of all people should certainly know better and probably do. Shame on you!!

Vehn · #8 09-01-2003, 09:28 PM

Tell ya what. Take a LL player who wins at a clip of .025-.03 bb/hand and have them play one (1) table of online $3/$6 for 100 hours and then have them play 100 hours of B&M. I guarantee you they'll have more money from B&M play.

OffTilt · #9 09-01-2003, 10:11 PM

C'mon man, you get raked less each hour but win less each hour. It's the ratio of the rake to each pot you bring in, and online is vastly superior in this regard.

OffTilt

Wake up CALL · #10 09-01-2003, 10:14 PM

[ QUOTE ]
Tell ya what. Take a LL player who wins at a clip of .025-.03 bb/hand and have them play one (1) table of online $3/$6 for 100 hours and then have them play 100 hours of B&M. I guarantee you they'll have more money from B&M play.

[/ QUOTE ]

Sorry Vehn but that is even more ridiculous than your previous statement.

Here is some math:

100 hours at B$M winning .25BB per hand in a 3/6 game dealing 30 hands per hour = $450.00 profit

100 hours at online winning .25BB per hand in a 3/6 game
dealing 60 hands per hour = $900.00 profit

If you meant to take rake into account your example did not accomplish this goal. However if you do take rake into account the online player will win much more since the rake is capped at $2 per hand at a 5% rate, wheras in a B$M the rake is capped at $4 per hand at a 10% rate. How can you possibly pay more rake per hand online?