Quote:
Originally Posted by rxw369
I didn't see that the op asked about 6/12 and up. I don't know about online but in live play at a Cardroom here in minnesota at 8/16 and below there are many regs that come and play every weekend and donate money at a large rate.
They play 50% or more of their hands. Calling or even raising all the way to the river with A7o middle pair hoping of spiking an ace for 2 pair. They almost never fold on the flop and cold calling raises in hopes of making backdoor draws.
Let's take a stab at how much someone like this is really donating.
If the game averages 8 handed, this person should probably be playing anywhere from 12 to 23 percent of their hands. Let's say 15 percent.
This means 35 percent of the time, they are putting in money when they are behind pre-flop. However, they still have equity in these situations, sometimes a lot of it, just not their fair share. So let's say that these plays average about minus 20 percent EV. And let's say that they are playing an average of 1.5SB-- sometimes pots are raised, sometimes not.
So, 35 percent of hands, they are losing 0.3SB. 35 percent of 35 hands an hour is 12.25 hands, so they are losing 1.84BB per hour pre-flop.
Now, postflop is harder to estimate. But let's say that they call too often on the flop. Well, they are going to fold some, so let's say they call 20 percent of their hands (out of the 35) and fold the other 15 percent.
Further some flops they are going to check through or have the best hand, so let's eliminate another 5 percent of the flops, and think about the other 15 percent of the time.
Again, they are going to have some equity, but maybe they have an average of 3/4 of the outs required to call the flop. So that's about 25 percent of their flop bets that are going to go down the drain. Again, assuming 1.5SB on average will go in on the flop-- sometimes a raised pot and sometimes just one bet, they will lose .38SB on those hands. Assuming 35 hands an hour, that's about 2SB they are losing an hour on the flop, or 1BB.
On the turn and the river, again, they aren't going to make a mistake all the time, so let's reduce that figure in half to 7.5 percent on the turn and 4 percent on the river where they make mistakes. And let's assume that most of the mistakes are incorrect calls rather than incorrect folds (most players know not to fold when the pot is huge). Finally, again, only rarely will the player have zero equity against someone's range. So we are going to be talking about things like calling getting 10 to 1 when we only have a 5 percent chance. That's a 0.5BB mistake. So we're talking about an average 0.5BB mistake 7.5 percent of the time on the turn and 4 percent of the time on the river, let's say.
That's 1.3BB they are losing on the turn, and 0.7BB on the river.
So perhaps this typical fish loses about 4.8BB per hour as compared to a winning player.
But the actual amount he is donating to the game is less than that. Since the winning player might be making 0.5BB per hour, he's actually only losing 4.3BB per hour. That's the donation.
Some of that 4.3BB per hour goes down the rake hole (a $6 rake in 8 handed 8-16 is 1.64BB per hour per player). The rest gets shared among the other players.
Now, of course, a bigger fish, a complete idiot, donates more. But how many of your opponents are complete idiots as opposed to players like rxw described?