Been running a tad cold so far this month, and upon sighing to myself and reviewing my HM, I glanced over to the right and noticed what I think is the real thief in this story:
Rake
I have paid $2,365 in rake so far this month. That is over 16,400 hands (or 32 hours if you will). I ~6 table~ NL100 and some NL200 mostly on a euro network, so I am probably your very typical SSNL grinder in that regard.
That averages at 15 cents for every hand I
get dealt. Looking down at 72o UTG and tossing it costs me 15 cents on average. Or to put it another way, I pay roughly $75/hour. For what exactly? Using their software?
Do you guys feel that this is a reasonable fee? I know the network I'm playing at has worse rake than most, and I'm getting some of it back through being Supernova (I doubt it's more than 10% though). I also play on iPoker, but that network has dug its own grave and there's no games running there anymore because of a failed split and a buggy software.
So I'm thinking to myself, what the hell am I doing paying all this money to some fat schmuck in another country? I mean, if you put that rake on top of my winnings instead, I'd be up almost 3K already. A decent amount of money tbh. I've even started contemplating stuff like deliberately lowering my VPIP to avoid more marginal spots (even with a 5% edge rake will eat you alive). But how fun is that?
I've tried breaking into MSNL a couple of times, but it hasn't really worked out partly because:
1) The games are actually very much harder.
2) Living expenses keep digging into my rolls, and I don't want to gamble with my BRM.
So an offer arrived to me the other day. One of my best friends who's playing 10/20+ offered me to stake some big rolls (I'd be lending the money though, but that cuts the BR issues at least). No percentage, no nothing. I'll just have to pay it back the day I hopefully get myself covered enough.
The plan would be to simply bumhunt 3/6 -> 25/50. At least at those stakes, the f*ing rake isn't 80% of your total winnings. Beating SSNL for enough money to move up and away has become very, very difficult imo. The games are harder, sites are closing down, countries are regulating god knows what and the rake only seems to increase as the online pokerworld sadly seems to head into a monopoly state.
Downsides?
I could run supercold for one thing. It won't be as fun as it is right now. I've taken the hard way from NL10 to where I am today, and it'd feel a bit like cheating. My plan all along was to grind my way up through. I really enjoy playing where I am, with the dynamics and stuff I have with the regs I'm playing with. I mean, it's not like I don't table select, but switching to 100% bumhunting mode would just takes away some of the fun.
TL;DR: Online poker 2012 is hard.