back in the day 888 started raking rebuys.
But hey, it was only for the 1$ games and hey, it's 888, one of the most expensive sites, so who cares?
And now we get
Quote:
10% until the $33 level. At that point a small discount is applied.
from stars. Oh yeah.
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Effective Rake
for people not getting what this is:
Think of two SNGs. First one is a 1000$+0$ (heck you even get 50$ for entering as a bonus, so negative rake!) with Phil Galfond, Phil Ivey, Phil Hellmuth. A seat is open for you!
2nd one is a 1000$+500$ and your enemies are a baby, a 95yr old man with a florida cap and somehow who clearly doesn't know poker. Like Baazov or the guy from the WarmDeck topic (Jay, Steve, you name it).
Game A: -50$ Rake
Game B: 500$ Rake
now you tell me which one has the higher rake and which one has higher effective rake.
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3.5$R with raked rebuys.
Let's say you play these games, averaging 1 rebuy and no addon. Your ROI could be 10% so for every 3.5$ you put in, you get 0.35$ back. Since you pay ~6.70$ every game, you get 0.67$ every game longterm.
Now all of a sudden, you have to pay 7$ for getting the exact same 0.67$. So instead of turning 6.7$ into 7.37$ you turn 7$ into 7.37$ or as a cliff
your 67cent profit will become a 37cent profit. Yeah, sounds fair.
Now think about what happens if we rake the addon too. Like a 10% player with 1R1A pays
9.88$ for 10.87$ (0.99$ profit). After the changes he pays
10.5$ for 10.87$
Last edited by Uhrenknecht; 03-22-2016 at 02:04 PM.