Quote:
Originally Posted by BriMc
I see what you are saying with Rake, but not with time pots. With rake taken out of every pot, then yes, you win more pots you pay more rake.
With a time pot its a bit more nuanced, the 2 times I played the 5-10 at parx time was paid with in the first 3-5 hands every single time, so the last 8-10 hands of the down had no rake at all. If you have a few super nits at the table they will be less likely to play those first 3-5 hands, but the problem isn't the time pot, its the fact that the game has too many super nits in it. I'll pay closer attention the next time I'm there, but the 2 times I've played 5-10 at parx I noticed zero decrease in action before the time was paid.
The big benefit of time pots of course is that you don't have the 3 minute break every dealer change while they collect time and make change since its an odd amount.
Do you think that you win more or fewer big pots than the average player in your game? That simple question should dictate whether or not you participate in time pots.
Personally, I give a lot of action and win a lot of big pots. . . it's -EV for me to participate. The only upside to them for me is that at least I have a choice (I always elect to just pay time up front.)
In fact, some players play WAAAYYYYY fewer big pots than others, depending on style. Just having a higher preflop raise % means you're going to be involved in more frequent big pots. I bet that I play 3x as many time-pot eligible hands than some other regs at the Borg and Parx.
Don't reward the nits! Some of these guys sit in these games for days without ever paying a time pot. Count me out of that.
Also, the time collection is nowhere near three minutes per down. Stare at your watch for three full minutes. . . that's a very long time. When you're bored some time, time it over a night and take the average, but be sure to only record the time from when the dealer starts collection and starts dealing.
Now subtract time taken from the game when disputes over time pots and payment occasionally arise, as well as time that guys try to convince me to participate (hell no.)