Foxwoods new 2-5 NL, HUGE time charge

SunOfBeach · #1 09-20-2005, 11:32 AM

Just returned from the cash games in AC at the Borgata the week prior to the WPT event playing now. The 2-5 game there used a $5/hr time charge. On the way home, I stop by Foxwoods where they are beginning their own 2-5 game next weekend. For now, I played 2-4 with a $6/half hour ($12/hour) time charge. How does anyone overcome this in the long run? I played 7 hours and ended up ahead $214, so basically I made $298, and they took $84 of it... has anyone looked into whether a time charge this large is really long-run beatable?

TomCollins · #2 09-20-2005, 11:55 AM

Joke post?

edge · #3 09-20-2005, 12:06 PM

I played 2/5 $6 half-hour time charge at Niagara a few months ago and it was very easy to beat. People in general are really bad at poker, so you can still make enough money.

LetYouDown · #4 09-20-2005, 12:27 PM

[ QUOTE ]
I played 2/5 $6 half-hour time charge at Niagara a few months ago and it was very easy to beat. People in general are really bad at poker, so you can still make enough money.

[/ QUOTE ]
You referring to the $2/5 game at Casino Niagara or the $5-5 game at Fallsview or a game at Seneca? I played in the 2-5 game at CN two nights ago and just like their $1/2 game, it's only a $5/half hour charge. Not trying to be a nit, just curious where you were playing.

Marlow · #5 09-20-2005, 12:28 PM

[ QUOTE ]
Just returned from the cash games in AC at the Borgata the week prior to the WPT event playing now. The 2-5 game there used a $5/hr time charge. On the way home, I stop by Foxwoods where they are beginning their own 2-5 game next weekend. For now, I played 2-4 with a $6/half hour ($12/hour) time charge. How does anyone overcome this in the long run? I played 7 hours and ended up ahead $214, so basically I made $298, and they took $84 of it... has anyone looked into whether a time charge this large is really long-run beatable?

[/ QUOTE ]

This is a little depressing to me. While I'm in between jobs, I'm going to TheWoods for a little R+R. I hate paying the silly rake that they charge. Makes me sick. But this is even more than I had seen before. Freakin' vultures. Maybe I'll just play the 1-2, donk it up, and have a great time laughing it up as opposed to played a focused "A" game.

Then again, I'm not sure I can resist the action...

Oh, and FWIW, I'm sure this is beatable longterm. There are some baaaaddd players there, from what I remember.

Marlow

SunOfBeach · #6 09-20-2005, 12:31 PM

No. SERIOUS post. if the rather accepted 8ptbb/100 against bad players is the goal, then youre hoping for about 4bb/hr at foxwoods (slow 25 hands/hr or so). at 2-4, that's $16/hour. Im not sure that giving $12/hour to the house leaves such a good feeling in my gut... consider this vis-a-vis a limit game with a similar hourly expectation (say 10-20) and bankroll requirement (about 6000 for either). now the house rakes only a few bucks of each pot, of which you only win a couple per hour. big difference, mate...

edge · #7 09-20-2005, 12:37 PM

[ QUOTE ]
You referring to the $2/5 game at Casino Niagara or the $5-5 game at Fallsview or a game at Seneca? I played in the 2-5 game at CN two nights ago and just like their $1/2 game, it's only a $5/half hour charge. Not trying to be a nit, just curious where you were playing.

[/ QUOTE ]

Ok, maybe it was $5 per half hour. The 5/5 at Fallsview before the split was $6 per half hour I think. I don't know what goes on in Fallsview nowadays.

flawless_victory · #8 09-20-2005, 12:46 PM

[ QUOTE ]
now the house rakes only a few bucks of each pot, of which you only win a couple per hour. big difference, mate...

[/ QUOTE ]wrong, mate.

SunOfBeach · #9 09-20-2005, 12:54 PM

so the brilliant theory espoused here by the holier than thou snotty comment crowd appears to be that its irrelevant whether or not you pay 12/hour or 5/hour at the same game... your expected win rate will remain unchanged. ah... i see. the max win rate at a 2-4 game just isnt high enough to have a 240% higher rake be meaningless...

neon · #10 09-20-2005, 01:04 PM

[ QUOTE ]
so the brilliant theory espoused here by the holier than thou snotty comment crowd appears to be that its irrelevant whether or not you pay 12/hour or 5/hour at the same game... your expected win rate will remain unchanged. ah... i see. the max win rate at a 2-4 game just isnt high enough to have a 240% higher rake be meaningless...

[/ QUOTE ]

First of all, this probably belongs in the B&M forum, but while you're here . . .

Think of it this way: the time charge in the 1/2 NL game at Foxwoods is $5/half-hour. This represents five percent of the max buy-in. The charge in the 2/4 game is $6 per half-hour, or 2% of the $300 buy. So it's really not *that* bad in the 2/4, though I'm not sure if the (much-needed) change in the blind structure will affect the time charge at all.

Oh, and not to be a dick, but if you can't beat the 1/2 and 2/4 NL games at Foxwoods, regardless of the time charge, then you, sir, suck hard at poker.