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Would this be correct: Starting Pot = OOP's MES + IP's MES + average rake?
It isn't. It's OOP's EV + IP's EV - average rake = pot.
You shouldn't add MES'es. The sum can be arbitrarly big if both strategies are terrible and it's getting closer to the some of EVs when the strategies are getting closer to the equilibrium.
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The example was played online at 50NL. So ~5% rake ($0.01 per $0.2 in the pot), capped at $3 or 6bb.
Yes, then it's correct. This game is unplayable by any reasonable standards.
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This still begs the question is the "missing" EV here really rake?
Yes.
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Starting Pot - (OOP's MES + IP's MES) = 7.557 = average rake?
Again, you should add EVs not MESes. Adding MESes doesn't mean anything.
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If so, that's just and exemplary demonstration of how horrendously high the rake is.
Yes, rake at low stakes makes the game completely unplayable unless you have big donators in the game.
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So BB defense here has to be even tighter pre so that EV OOP = 25+. So some of worst hands in this range (like J9o, A7o, 64s) are actually -EV here because of rake.
It would be -EV against competent players but you know, the reason you play in that game in the first place is that there are very bad players at the table. Otherwise only the site wins.
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I think I'm going to go throw up now.
Well, playing small stakes without hefty rakeback is likely not the best idea unless the games are really good. You are not going to win with this rake against anyone competent.