Quote:
Originally Posted by gobbledygeek
I'm trying to figure out if increase in blinds per hour has an effect on this or not?
For example, at my 1/3NL 10 handed table I get about 30 hands per hour, which means 3 full orbits paying a total of $12 in blinds where I can be pretty patient.
But, for example, at a 5 handed table I might get upwards of 40 hands per hour, which is 8 full orbits paying a total of $32 in blinds.
So a massive increase in paying blinds. *However*, unlike rake, it isn't as if blinds are a 100% sunk cost (as they're still part of the pot and available to be won). Just not sure if there is a concern here or not...
GcluelesscostofblindsnoobG
Well, if it's just strictly EV in different positions, it can be solved assuming your win rate is exactly the same. In most arguments such as the one from QuadJ, it seems that you can simply make adjustments to maintain your EV in each position.
Assuming that is indeed the case, then here the simple model to solve what you're asking:
Keep in mind that these are basic examples with assumption that further you are from the blinds, more profitable you are.
SB: -0.5bb
BB: -1.0bb
UTG: -0.3bb
+1: -0.1bb
MP1: +0.1bb
MP2: +0.3bb
HJ: +0.7bb
CO: +1.5bb
B: +2.0bb
Assuming a winning player is close to push-even or slightly profitable in middle positions, then eliminating those opportunities could potentially be harmful to your WR, especially considering the HJ position.
So if MP1, MP2, and HJ combined to be > 0.0bb, then you would need to either lose less money in blinds, or make more money in LP to make up for the difference.
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With that said, I still want to point out that this is assuming there are no other external factor affecting your EV.
In the case of shrinking table from 10-hands to 6-hands while keeping the rake structure the same, you will also be paying more in rake.
A simple illustration is that whatever % of hands you win in the long run, whether is 10% or 7%, you can easily assign a value to the amount of rake you pay per hand.
Say you win 10% of all the hands dealt after 30,000 hands and you pay an average of 3bb over those 3,000 hands won, the total rake you pay in those 30,000 hands is:
30000 x 10% x 3bb = 9,000bb.
And average rake per hand is:
9000bb / 30000 = 0.3bb per hand dealt.
So if you play 30 hands per hour, you would be paying 9bb/hr in rake.
Now if you are playing 40 hands per hour, you would be paying 12bb/hr in rake.
As you can see, you can argue all you want on the % of hands you win and the amount of rake you pay, nevertheless, if you change any of these variables to fit your own perception, the formula still holds true that more hands you play, more rake you will pay.