new to 2+2 how do i find the op

thanks for the guide man, pretty informative

Why do you want to find him? You could PM (means private message) and see if you get a response.

I said hi via PM a while ago but no response


I've been thinking of making another guide/post thing but I don't know what to talk about.

Is there anything specific you guys would like to read about, or would like me to expand on from the OP? If I get some good suggestions here I'd love to make another thread

I would certainly like to hear some thoughts on table selection and the more micro features becoming a successful poker player entails. Day to day things that should be combated as opposed to thinking long term, as I find my only motivation stems day to day at the moment.

very nice post OP

I find this post very inspiring. I've been playing poker for 4 years now and have never seen positive results in the long term. Im now working as a poker dealer and have no games available to me that i can play within my bankroll. I've never been crazy to play poker online but its my only hope to get this career going. Im suckin up my pride and putting a sufficient bankroll into the internet to play micro limit hold'em. only problem is i've signed up for almost every major poker site and cannot get rakeback. what should I do?

OP isn't even a Pooh-Bah anymore since the switch.

Very well written. Something anyone should read from time to time to keep themselves in check and get back to basic desscion making. ABC poker baby!!

Thanks for the post raze! I had heard the term "rakeback" bandied about before but until I read your post it never clicked what it actually meant. I've only got tiny bankrolls (<$100) but the two sites I'm playing on have no rakeback offers, so I figure I might just withdraw most of my money and head on over to FTP to get 30% rakeback. Seeing as I'm only playing at small/micro stakes SNGs and MTTs, I figure it will have quite a big impact on my win rate.

Raze , thanks for making it down here to newbie-land and pointing out stuff that should be obvious but isn't always just that

It certainly will, guaranteed. I'm not familiar with FTP, but you should make sure they do pay rakeback on SNG and MTT buy-in fees. I know for a fact that some sites do not.

So is this your full time job now?

What period of time did the 40,507 hands cover ? Were you multi tabling?

40,507 / 100 = 405.07 * 2.51 * $6 = $6,100.00

Is that right? ... Did you make $6,100 from those 40K hands ?

Mike
(wiping drool off keyboard)

Yes, has been my job since Jan 2006 - those 3/6 hands covered December-January 2006, I played about 18-25k hands a month, usually 3 tabling about 25h a week. That figure sounds about right as well, although I've since lost my limit database

Ok, I don't know much about anything, including rake and rakeback, so I'm more than happy to be corrected and learn something new.

But ... So..

When you said that you "paid XXX $$$ in rake", (I'm guessing that is possibly "mathematically correct....") ..... math is NOT my strong point.

But isn't rake deducted from the table pot, and therefore each player is contributing to it?

Or another way of looking at it is that when you're playing XX/YY limit, you're really playing XX(-rake%)/YY(-rake %), so you're not really "paying" anything.

Granted, any rakeback plan is great, I'm not by any means saying that it would be a bad idea to take advantage of it.

I just thought there was a flaw in your "paying" logic.

Mike

Your analogy makes sense. I didn't pay it out all at once or anything like that; the XXX amount is my personal contributed share of all the rake taken from my tables. Everybody else who played Party 3/6 with me also paid rake at about the same rate of 2.19bb/100 hands. My winrate & everybody's winrate is calculated post-rake.

Imagine if you had to pay like the poker site like $1,000 up front for say 10-15k hands of play or something, as a substitute for rake... heh. I don't think the games would be too popular anymore

Actually, I've thought about it more .... as usual, AFTER shooting off my mouth

And ... the fact I've never played a raked game ... yet.

If two players are heads up, and they each bet $1, and the rake is $0.05 / dollar, does that mean the winner of the pot only gets $1.90 back ?

If so, then that would mean if you only break even at the tables, you'll actually lose money to the rake, is that correct?

Mike

thats right mike

YES.

And the implications are:
1) You have to beat the other players by more than the amount lost to rake to win money
2) Rakeback improves your winrate, and could turn a marginal loser into a marginal winner
3) Rake as a percent of pot (and max rake per pot) has a large influence on your winrate, especially at the lower limits (where the rake percentages are usually HIGHER. As you move up, rake stays pretty much the same as an absolute number, but drops in its proportion to the big blind).

nice post. well done for giving back to the community.

At fulltilt they do pay rakeback on SNGs and MTTs. At least through raketherake they do, although I'm assuming that all affiliates would be the same. I play a ton of SNGs and the rakeback is huuuge.

Yes all affiliates offer the same rakeback deal on STT's and MTT's. The rate is 27%.

buuuuuump cuz I'm going home for the holidays & probably won't be playing too much; I'd like to write a part 2 for the OP but I need more suggestions on topics if yall are interested

Very nicely put together, thank you.

Excellent post, thank you for the advice!