rake

[iash]

Has anyone come up with a formula to determine the rake a casino has taken from you, individually, for a given session or group of sessions? Something like

(hands/hour) x (avg rake per pot) x (hours played) x (10%)

I would put the hands per hour on about 30 (?) The 10% represents the number of pots the avg. individual would win on a 10 person table. I know i'm making some pretty big assumptions here, but i'm just looking for a rough estimate.

I'm going to post this in Probability as well.

Any input is appreciated.

iash

[Evan]

Anywhere from 30-35 hands/hr is a good estimate probably.

If you're a winning player you're probably winning less than 10% of the pots, more like 7-8%. If you're a losing player you're probably winning more like 12%.

Avg rake/pot is tough since a lot of pots won't get max raked, but you can come up with a decent estimate based on where and what games you play.

[iash]

Good point on the winning player/losing player pot percentage. The losing player plays more hands and wins more smaller pots, while the winning player plays less hands and wins bigger pots.

I was playing 2/4 no limit with a 10% rake maxing at $4. The rake was $4 nearly every hand.

iash

[Evan]

okay, i don't play much NL so I have no idea what an avg rake would be in that game.

[jar]

All of the NL at foxwoods is time charge. Is this not true at other places?

[Evan]

i know the 1/2 NL at the borg in AC is a raked game (not sure if the 2/5 is). The only NL I've played is in NYC where everything is time chage which is why I said I had no idea what the avg rake would be in these games.