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Old 07-16-2017, 08:51 PM   #1
grindthefind
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Join Date: May 2016
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Pokerstars Fifty50 rake and payouts

So i was a bit bored and looking at pokerstars Fifty50 tournaments and decided to check the rake pokerstars was charging.

At the $1.50 NL Hold'em [Turbo, Fifty50] there are 10 players with buy-in $1.39+$0.11 giving us a total price pool of 1.39*10=13.90 .
However first 5 players are paid out their buy-in without rake + 0.04 per 100chips, this adds up to: 5*1,39 + 0.04 * ((1500*10)/100)= 6,95 + 6 = 12,95 . So the players pay 15 dollars, price pool is supposed to be 13,90 and than they only pay out 12,95???

Maybe i didnt see something and/or i am miscalculating, in that case i am sorry beforehand. If my calculations are correct players are paying (2,05/15=)13,7% rake instead of (1,1/15=) 7,3%, which i feel is very dishonest and frankly a scam.

Last edited by Lego05; 07-17-2017 at 04:40 PM.
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Old 07-17-2017, 02:31 AM   #2
expat
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Join Date: Apr 2008
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Re: Pokerstars Fifty50 rake and payouts

According to the PS website, your calculation method is wrong.


Quote:
Originally Posted by Pokerstars web site
As a formula, an individual’s payout would be expressed as:

Payout = buyin + ( (end chip count / total chips) x (1/2 x total prize pool) )

The Fifty50 tournament lobby displays the approximate amount per 100 chips to be paid out when the tournament ends. The value displayed in the Fifty50 tournament lobby is rounded down to the nearest cent, but payouts are calculated so that the entire prize pool is paid out. Note that the final payouts may experience small rounding differences in order to ensure that the total payouts equal the prize pool.

Last edited by Lego05; 07-17-2017 at 04:40 PM.
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Old 07-17-2017, 03:29 PM   #3
otatop
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Re: Pokerstars Fifty50 rake and payouts

Always a good idea to make a thread calling something a SCAM before double checking math.

Last edited by Lego05; 07-17-2017 at 04:41 PM.
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Old 07-17-2017, 04:41 PM   #4
Lego05
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Re: Pokerstars Fifty50 rake and payouts

I edited "SCAM" out of thread title and added "and payouts".
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Old 07-18-2017, 10:02 AM   #5
felixxx1021
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Re: Pokerstars Fifty50 rake and payouts

I llayed those guys in the past, wasted of time. I would reccomend don't play those games.
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