Quote:
Originally Posted by sling7
The numbers are just an example, but even two extra games at less than maximun rake every day would make a million dollars a year in rake.
Stop focusing on how much money the house makes, based on the rake of x-players/table and concentrate on how much money you make, playing in the dynamic of the game.
FWIW, the incremental rake not $1M, trust me. You are not taking into consideration the avg drop/time/table. Nor are you factoring in the avg # of tables running, over a full year. It's actually more complicated than that, too.
Quote:
Originally Posted by sling7
The rake is high on my list when selecting games to play. It is the reason I will not play 2-4, 3-6, or 4-8 limit or 1-2 NL. 10 handed vs 9 handed is a 10% difference, that is not trivial. 9 handed will not change the dynamic of the game and it will be the same players, they will just be paying more rake. Although they might have more leg room.
You might not play (or shouldn't play) those games because you can't beat the rake in general (2/4 and 3/6). At 4-8 and above, you can beat the game. I know many people who consistently beat 1/2NL for $10+/hr. But, NL is a different dynamic and does not suffer anywhere near as much as limit games, based on # of players - as you can manipulate the price in that game.
It's not a 10% difference, BTW. You have to factor the number of hands you are involved in, pots won and avg pot size. The effect of rake in a 9 v. 10 handed game is not contributing to the toughness around beating the game.
Quote:
Originally Posted by dinesh
They will also win more pots. You need to consider this when you consider the higher percentage of time you pay the rake.
Exactly!
Quote:
Originally Posted by dinesh
As for more tables meaning more rake collected, this is true (though as mentioned it is mitigated at a winning player level by winning more pots), and the effect of taking more money out of the poker community (much like a BBJ) is one that should be considered/investigated.
Yep - although, when you analyze how much of that ""community" money would end up in your stack, that's pretty low, in general. Not many of us play 7X24X365. It has an effect, just not as great as some rake-focused thinking would have you believe.
Quote:
Originally Posted by dinesh
It's worth noting that it actually becomes less important once the tables are all filled, because when all available tables are occupied, the rake collected is the same regardless of whether they are 9 or 10 handed. At that point, the issue becomes one of wait lists.
Absolutely true!!!
Wait lists aside - the issue is the value of hands. You have to adapt to the # of players dealt in, since this affects which hands you can (should) play profitably... again - a limit concern much more than a NL concern.
We're getting way OT here... so I'll end with this:
My point continues to be, if Parx goes 9 handed (in limit games), I will not be able to extract maximum profit as much as I may like, due to the fact that the real possibility exists, that the game may be too short (at times) to play the hands that afford the the greatest profit potential. It has virtually nothing to do with the rake structure, including the small amount of money "out of the community" - based on my (or anyone's) annual playing habits.
I don't give a rats-ass what they do with NL, because: a) I don't play NL and b) 9 v. 10 handed is significantly less relevant at NL.
For limit players, I strongly urge you all to understand this concept. dinesh, I know you get it
Last edited by IFSATG; 12-08-2010 at 02:44 PM.