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  #1  
Old 11-11-2005, 01:20 AM
TaintedRogue TaintedRogue is offline
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Default Do you give 43% of your net +EV to the Dealer?

According to the following, the majority of you, including myself, do. Unless there is something wrong with my math.

This is in a 10/20 HE game, where there is a $5.00 rake instead of paying time.

The 2nd player to act opened the action by limping with Js, Td. The next player to limp in held 8s 8d, who was followed by a player with 6c 5c. The 4th player, holding Qh, Qd, raised and the Button, holding Ac, Kc, re-raised. The blinds folded and the other players called.

There are 5 players seeing the flop with 8 big bets in the pot, as the small blind goes for the rake. You hold pocket eights and contributed 1.5 big bets, so your prospective winnings are 6.50 big bets.

The Flop came: 9c 8s 2c

This gives JT is an open ended straight, the pocket queens an overpair, the AK & 65 flush draws and you a set of eights. You will win the pot (according to twodimes.net) 61.27% of the time.

JT checked and you bet, followed by 65 who called and QQ raised. The AK called, as did the JT with his straight draw, followed by 65, with what he thought was a live flush draw. You now re-raised, 65 & QQ called, and AK, with the nut flush draw, re-raised. JT called, 88 capped it and everyone called, for a total of 10 big bets put in on the Flop, of which 2 were contributed by 88, so he know has 14.50 BBs that can be won, versus 3.5 BBs bet by you = 4.14:1 on your money, making it a long-term +EV play.

The problem is that 1. If a Queen comes on the Turn, you’re tied to the pot, as well as when a 7 comes. Not even a club can get you out of the pot on the Turn, as you have a redraw to a full house.

So, on the Turn, you are going to see it go 3 bets minimum, with all four opponents calling, giving you another 12 BBs in possible winnings. We will say the River will get you two opponents paying 2 more bets for a showdown. That’s a total of 28.50 BBs that can be won and 8.5 BBs that can be lost.

So our net +EV = [(28.50*.6127)*$20]–[(8.5*.3873)*$20] = $349.24 - $65.84 = $283.40.

Now the TIP: if you tip $2.00*(.6127*100) = $122.54/$283.40 = 43% of your net +EV going to the dealer.

If you TIP $1.00, it’s only 21.5%!! Only!! Doesn’t that suck, giving over 20% of your net +EV to the dealer?
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  #2  
Old 11-11-2005, 01:56 AM
fnord_too fnord_too is offline
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Join Date: May 2004
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Default Re: Do you give 43% of your net +EV to the Dealer?

No, I play online. <font color="white"> You had to see this coming... </font>
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  #3  
Old 11-11-2005, 02:00 AM
Mempho Mempho is offline
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Default Re: Do you give 43% of your net +EV to the Dealer?

I tip a dollar always unless it is a pot of over 15BB or there is no flop (in which case I don't tip). I've also been known to not tip if I'm stuck a ton. I tell them that and they totally understand because I treat them well and I'm friends with all of the dealers locally.
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  #4  
Old 11-11-2005, 02:00 AM
imitation imitation is offline
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Default Re: Do you give 43% of your net +EV to the Dealer?

I think your maths is wrong.
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  #5  
Old 11-11-2005, 02:02 AM
lil feller lil feller is offline
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Default Re: Do you give 43% of your net +EV to the Dealer?

My tipping approach varies. I usually tip $1 dollar out of a 8BB pot or more, any smaller I don't tip. Sometimes I'll just give them 2 bucks at the end of their down if I thought they did a good job. I never tip a bad dealer.

lf
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  #6  
Old 11-11-2005, 02:04 AM
PokerBob PokerBob is offline
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Default Re: Do you give 43% of your net +EV to the Dealer?

i only tip the dealers i want to bang.
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  #7  
Old 11-11-2005, 02:12 AM
jogumon jogumon is offline
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Default Re: Do you give 43% of your net +EV to the Dealer?

[ QUOTE ]
So our net +EV = [(28.50*.6127)*$20]–[(8.5*.3873)*$20] = $349.24 - $65.84 = $283.40.

Now the TIP: if you tip $2.00*(.6127*100) = $122.54/$283.40 = 43% of your net +EV going to the dealer.

[/ QUOTE ]

Why are you tipping $200?
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  #8  
Old 11-11-2005, 02:12 AM
Robb Robb is offline
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Join Date: Nov 2003
Posts: 1
Default Re: Do you give 43% of your net +EV to the Dealer?

[ QUOTE ]
According to the following, the majority of you, including myself, do. Unless there is something wrong with my math.

This is in a 10/20 HE game, where there is a $5.00 rake instead of paying time.

The 2nd player to act opened the action by limping with Js, Td. The next player to limp in held 8s 8d, who was followed by a player with 6c 5c. The 4th player, holding Qh, Qd, raised and the Button, holding Ac, Kc, re-raised. The blinds folded and the other players called.

There are 5 players seeing the flop with 8 big bets in the pot, as the small blind goes for the rake. You hold pocket eights and contributed 1.5 big bets, so your prospective winnings are 6.50 big bets.

The Flop came: 9c 8s 2c

This gives JT is an open ended straight, the pocket queens an overpair, the AK &amp; 65 flush draws and you a set of eights. You will win the pot (according to twodimes.net) 61.27% of the time.

JT checked and you bet, followed by 65 who called and QQ raised. The AK called, as did the JT with his straight draw, followed by 65, with what he thought was a live flush draw. You now re-raised, 65 &amp; QQ called, and AK, with the nut flush draw, re-raised. JT called, 88 capped it and everyone called, for a total of 10 big bets put in on the Flop, of which 2 were contributed by 88, so he know has 14.50 BBs that can be won, versus 3.5 BBs bet by you = 4.14:1 on your money, making it a long-term +EV play.

The problem is that 1. If a Queen comes on the Turn, you’re tied to the pot, as well as when a 7 comes. Not even a club can get you out of the pot on the Turn, as you have a redraw to a full house.

So, on the Turn, you are going to see it go 3 bets minimum, with all four opponents calling, giving you another 12 BBs in possible winnings. We will say the River will get you two opponents paying 2 more bets for a showdown. That’s a total of 28.50 BBs that can be won and 8.5 BBs that can be lost.

So our net +EV = [(28.50*.6127)*$20]–[(8.5*.3873)*$20] = $349.24 - $65.84 = $283.40.

Now the TIP: if you tip $2.00*(.6127*100) = $122.54/$283.40 = 43% of your net +EV going to the dealer.

If you TIP $1.00, it’s only 21.5%!! Only!! Doesn’t that suck, giving over 20% of your net +EV to the dealer?

[/ QUOTE ]
This post seems like japanese so I must be missing something big.

1. You don't tip when you lose
2. According to your calc...when you win, you win 28.5 BB's * $20 = $570.

2.00/570 = .35% not 43%
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  #9  
Old 11-11-2005, 02:12 AM
TaintedRogue TaintedRogue is offline
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Join Date: Sep 2003
Posts: 46
Default Re: Do you give 43% of your net +EV to the Dealer?

[ QUOTE ]
i only tip the dealers i want to bang.

[/ QUOTE ]

And, this is why I love PokerBob.
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  #10  
Old 11-11-2005, 02:13 AM
TaintedRogue TaintedRogue is offline
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Join Date: Sep 2003
Posts: 46
Default Re: Do you give 43% of your net +EV to the Dealer?

[ QUOTE ]
I think your maths is wrong.

[/ QUOTE ]

You're correct. But, do you know where? It looks pretty good.
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