Does rakeback benefit people with higher VPIP?

[TheDelChop]

I was looking through my PT stats after yesterday's session and noticed that last month, where I had a VPIP of 19.53 and a BB/100 of 2.77, my total rake through 41047 hands was $5023. Since I have a 30% rakeback deal, I would gather that my rakeback is roughly $1500 or 3.6 cents/hand.

This month, in which I am running pretty bad, my VPIP is 15.61 and my BB/100 is 1.10, my rake through 9,548 hands is $886.00. Again, since my rakeback deal is 30%, I would gather I am getting $265 in rakeback or 2.7 cents/hand.

What is happening? Is my rakeback dependent on my winrate? My tightness? Is PT not calculating right? Can you give me a more dependent formula? Can someone account for this difference and explain it to me? I know its only a 1 cent/hand difference but for someone who will play 60,000 hands this month it makes a big $600 difference.

[HolyBejeesus]

rake is taken out of the pots you win, if you win fewer, then you pay less rake

[mister]

where do you get 30% rakeback ? nice !

[TheDelChop]

When you enroll in a rake back program, you don't get a portion of the rake that you payed from the pots you won back, but rather a percentage of all of the rake that you paid into any hand you played. Am I correct?

[chesspain]

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rake is taken out of the pots you win, if you win fewer, then you pay less rake

[/ QUOTE ]

This is wrong--you get a percentage of the rake from every pot which was raked in which you were dealt cards.

[mtdoak]

Here is how most rakeback works (at least to my knowledge).

Your total rake is based upon hands you sit in on, not upon whether you win or lose them. So say you have a 10 person table, and there's a $100 pot. The rake here is $5. Your share of the rake is 1/10th of that, so .50. If you are getting 30% rakeback, you'd get .15. Your VPIP, winrate, etc, have nothing to do with how much or how little rakeback you get, at least in the system I am in. I could be wrong , but I'm pretty sure thats how most of them work.

[bobbyi]

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[ QUOTE ]
rake is taken out of the pots you win, if you win fewer, then you pay less rake

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This is wrong--you get a percentage of the rake from every pot which was raked in which you were dealt cards.

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I'm pretty sure that different sites calculate in differently.

[ChromePony]

I believe tight players actually benefit more from rake back, since its not actually based on how much you pay but rather how much is payed while you are at the table. Therefore if you are tight you pay less rake yourself but get the same amount of rake back credit as someone who's VPIP 35 and sees lots more showdowns.

The standard way to calculate would be,
(av rake per hand) * (hands) * (.30) / (av # of players)

[ChromePony]

This is for party and affiliates, no idea if the others are the the same.

[CallMeIshmael]

Rakeback HURTS people with a higher VPIP (comparatively speaking)

As your VPIP increases, so does the percentage of pots you win.

Rakeback is given on the assumption that all players win their fair share of pots (ie. 1/10 at a 10 person table, 1/9 at a 9 person table...).

So, if you are winning more than your fair share of pots(ie. have a really high VPIP), you are losing more rake than you are being payed back for in rakeback.

Ie. If you look at your "rake" stat, you will notice that your rakeback is generally greater than 25% of that.

But, if you were a player with a really high VPIP, you would be getting less than 25% of your rake stat back.