Quote:
Originally Posted by UHaul
Thanks. That's kinda what I figured but wanted to be sure, as other players have insisted that rake was better.
I guess the only downside is If you can't seem to win a pot, paying the extra "tax" may seem a bit annoying, but that's poker I guess.
I am also a pretty big fan of the "time pot" or "1/2 time pot" where the first 2 pot-winners of each dealer will pay the time from that pot. Everyone has to agree though, and usually there's "that one guy/gal" who won't take one for the team.
Even if you play tight (I am usually very tight) I think time is still better especially for pink game at the shoe:
Assume an average of 10 hands per down: 10 percent rake capped at $6.00. 9 handed. If pots get to 60.00 most of the time 6.00 comes off per hand or $60.00 per down (four big bets or eight small bets per down). If the pots are less than sixty dollars on average per down say 40 dollars on average per down (2.66 big bets per hand). That is less than the price per down in time ( 45.00 or three big bets.... However this is still no good for the player.
Consider that your win rate is 1 big bet / hour averaged over many hands. If you pay time that is 2/3 of a big bet per hour. If you pay rake at the "loose" 60.00 pot game that's 4/5th of a big bet per hour .... 2/15 of a big bet more than for time. So the loose game is a no brainer. Add in that more money that you could be winning is coming off the table it is even more compelling .
Now, consider the tight game. Assuming you can win at these games, which is doubtful to begin with, you need to be ante / blind stealing and bluffing / semi bluffing weak players with a fairly high frequency to come up with that 1 big bet per hour. Means you need to win a lot of small pots: now YOU will be paying a disproportionally high amount of the rake yourself... Often at full 10 %. Good luck coming up with 1 big bet per hour after the rake doing that.
So in the loose 60.00 game (which actually, you'd probably need a good deal of small pot grabbing to come up with a winning rate) it is obvious that time is better.
In the super nitty game you're going to need to take down a lot of pots and end up paying more than you fair share of the rake, which is even worse.
Now in the crazy action game where 150 pots are common and you wait to pick your spots. Say you win one pot an hour on avstage.... at a rake game you do pay less. But more money per hour comes off the table (120 per hour rake vs 90 time). That's two more big bets per hour that you can't win.
Given these scenarios, all things equal, time is clearly better. Even if you bide your time and wait long periods to win the loose fish will run out of money faster.
Last edited by Rapini; 01-31-2015 at 11:17 PM.