Rakeback estimation

Tropex · #1 09-02-2005, 07:22 AM

I learned that the rakeback isn't calculated straight from the rake a player has paid but from the divided rake paid by the table from the hands the player is in (correct?). Anyway, I was wondering, is there a way to approximate the rakeback based on the rake paid by a player (as shown in PT statistics) ?

Fabian · #2 09-02-2005, 07:37 AM

Avg rake / Avg players / BB * 100 * (rakeback%/100)

Edit: To get it in BB/100

Tropex · #3 09-02-2005, 07:58 AM

[ QUOTE ]
Avg rake / Avg players / BB * 100 * (rakeback%/100)

Edit: To get it in BB/100

[/ QUOTE ]

So this should be:
((Avg rake / Avg players) / BB) * 100 * (rakeback%/100) ? Or uh, it's kinda hard to read without any (). And what does that "BB" stand there for ? Size of BB ?

Tropex · #4 09-02-2005, 08:01 AM

So to get it in dollars, it'd go something like:
(Avg Rake / Avg Players) * Played hands * rakeback%

And in this it assumes that rakeback% is in form 0.25 for 25% etc. (As it should be).

Is this correct ?

[edit] Should VP$IP be included here somehow, maybe multiply but the result of above with it to get the amount of hands the player actually is in ?

Evan · #5 09-02-2005, 08:06 AM

Go to Game Notes in Poker Tracker:

(Rake/APH)*RB% = Rakeback

Fabian · #6 09-02-2005, 08:09 AM

It's all division and multiplication, the parentheses (that's not a word, is it?) don't matter. And (rakeback%/100) is 0.25 if you recieve 25% rakeback.

1. Summary tab. Look for Players and Avg. Rake. They might be 5.40 and 1.90. 1.90/5.40=0.352

2. 0.352*100/20*0,25=0.434BB/100

That would be for 10/20 limit holdem. If you play 0.5/1 switch the 20 to 1.

Edit: Think before you speak Fabian.

MrBig30 · #7 09-02-2005, 08:13 AM

Maybe I am wrong but I think you get a good approximation from the Rakeback tab in Pokergrapher. Easier than doing the calculations yourself. Last month it was slighly (5%?) off though...

Tropex · #8 09-02-2005, 10:33 AM

Hmmn doesn't the poker grapher just calculate the total rake you paid and then multiply it with the % (would be a bit silly feature if it didn't do anything more complex). Although I just checked my PT shows the rake to be smaller than the number grapher calculates it from so dunno.

Also that (rake/aph)*rb% seems to give an answer pretty close. Anyway it's somewhere around there, thanks.