Open Side Menu Go to the Top
Register
Extra  rake to run it twice debate? Extra  rake to run it twice debate?

07-25-2019 , 03:43 PM
Quote:
Originally Posted by 12bigworm81
Would your opponent have folded their crappy 20% hand if they knew you only ran once?
That's an entirely different question.
Extra  rake to run it twice debate? Quote
07-25-2019 , 11:07 PM
AAhd vs JTss
Flop AAKcss
52-8=44 cards in the deck.
Let’s burn the 5h for simplicity.
Suppose pot=100
If we run it 22 times, JT will win once. So JT EV is 1/22 * (100) = 4.545
If we run it once, JT EV is 1/44 + 43/44 (1/43) = 1/44 + 1/44 = 2/44 = 1/22 * (100) =4.545
Extra  rake to run it twice debate? Quote
07-25-2019 , 11:55 PM
Quote:
Originally Posted by Garick
This is patently false. It depends on where your money generally comes from.

If you make more money on FE and/or when stacks are deep, RIO.

If you make more money getting fish to gamble with you and overpay for draws because "he'll let me RIT, and I might at least win one of them," RIT.
Maybe it's false if you know for a fact that certain players are going to spew to you because you'll let them run it twice, and that can make up for the extra $2 you are going to pay in rake. But that's not "patently" false.

Note also that OP's focus in this thread has been primarily on the high hand promos.
Extra  rake to run it twice debate? Quote
07-26-2019 , 09:24 AM
It is patently false that one answer or the other is clearly the best. Like so many things in poker, it depends. I already mentioned what it depends on.

As for focusing on promos, that's what fish do. Yes, they have calculable EV, but it's such a small effect that the other dynamics (especially how your Vs are likely to react to them) are far more important.
Extra  rake to run it twice debate? Quote
07-29-2019 , 02:33 PM
Quote:
Originally Posted by 12bigworm81
RIT is time consuming
Maybe

Quote:
Originally Posted by 12bigworm81
and lowers your win rate.
No sir. This is like the Monty Hall Paradox where some mathematicians and generally very smart people were convinced of something that's mathematically false.
Extra  rake to run it twice debate? Quote
07-29-2019 , 04:38 PM
Quote:
Originally Posted by Lagavulin16
No sir. This is like the Monty Hall Paradox where some mathematicians and generally very smart people were convinced of something that's mathematically false.
Let’s say your winrate per 100 hands is 10BB. In scenario 1 you play 30 hands per hour. In scenario 2 where people waste time by running it twice, you play 28 hands per hour. Do you think you have the same winrate per hour in both scenarios?
Extra  rake to run it twice debate? Quote
07-29-2019 , 05:03 PM
Winrate per 100 (or any number) hands, same ... Per hour, slightly smaller GL
Extra  rake to run it twice debate? Quote
07-30-2019 , 07:52 PM
I see what you meant now. That makes more sense, but even if you only get one extra call per few sessions because normal people feel better about calling all-ins when they can do business, it outweighs a few lost hands per session.

It's an interesting concept, really. Most of the people I know make their live poker profit off of a few key hands per session and by keeping the leaks plugged so they keep as much of it as possible. We do money over time as simple math to try to quantify our ability to earn, but it's not really an accurate model of how you actually accrue your profit in LLSNL. If you were multitabling online, your point would be more important. You're not a roulette table where it would be easy to figure out what losing 2 hands per hour costs you over a year.
Extra  rake to run it twice debate? Quote
07-30-2019 , 10:23 PM
Quote:
Originally Posted by 12bigworm81
I guess if you can’t fold a draw with bad pot odds perhaps RIT is good for you, but the math does not support it otherwise.
How precisely does math support not folding a draw with bad pot odds if you can RIT?
Extra  rake to run it twice debate? Quote
08-01-2019 , 07:15 AM
Quote:
Originally Posted by inmyrav
How precisely does math support not folding a draw with bad pot odds if you can RIT?
Not sure how you could read my posts and think I was defending RIT.

Someone that gets in bad with draw has the short term benefit of having increased odds of a chop. So if you go all in light, maybe the opponent folds, but if they don’t your odds of chop increase.

RIO
40% chance to win

RIT
16% chance to win
But, chop 48% of time.

So the short term value is you can make that play knowing there is 64% chance it doesn’t hurt you if they call.

Ya ya ya long term the same.

Last edited by 12bigworm81; 08-01-2019 at 07:30 AM.
Extra  rake to run it twice debate? Quote
08-01-2019 , 07:41 AM
Quote:
Originally Posted by WTjed
In South Florida I believe this is the norm now. I only play in two rooms here but Im certain the majority of others are similar down here or else the players would shift quickly... lots of retired folks just sit here for high hands and play horribly because they just want to make a high hand.
For the record this is not true. There are very few rooms that allow RIT at 1/2 in S. Florida.

Also, at least at the Isle (where they allow RIT at 2/5 or higher), they do not pay the High Hand on the 2nd board.
Extra  rake to run it twice debate? Quote
08-03-2019 , 09:56 PM
Heard an interesting discussion on RIT at the table a few days ago. If you are good in playing deep and you are very well rolled, then RIT does decrease your EV.
Example, you are playing $1,000 deep in the $1,000 max 2 5 NL game and get it in vs. someone playing $800. In this scenario, RIT increases your long-term EV, by giving you a better chance of getting the entire pot and as a result a larger stack which will generate more EV over time (long term EV). If you lose when RIT, you just top up.
Extra  rake to run it twice debate? Quote
08-03-2019 , 10:04 PM
Uh, I think you mean to say RIO the last few times up there, not RIT. That is essentially what I said in post #44 in this thread (point #4).

Last edited by dinesh; 08-03-2019 at 10:10 PM.
Extra  rake to run it twice debate? Quote
08-03-2019 , 11:09 PM
Quote:
Originally Posted by dinesh
Uh, I think you mean to say RIO the last few times up there, not RIT. That is essentially what I said in post #44 in this thread (point #4).
You are right! My brain is too fried to follow along when the threads run too long lol
Extra  rake to run it twice debate? Quote
08-06-2019 , 06:28 AM
Did we ever find out if the $2 goes to promo only or if it's split? Assuming promo only but I can look at it both ways. GL
Extra  rake to run it twice debate? Quote
08-06-2019 , 09:26 AM
Quote:
Originally Posted by answer20
Did we ever find out if the $2 goes to promo only or if it's split? Assuming promo only but I can look at it both ways. GL
I would bet every penny goes to the house.
Extra  rake to run it twice debate? Quote
08-07-2019 , 07:04 AM
Usually only the first run is eligible for high hand / bad beat jackpot anyway.
Extra  rake to run it twice debate? Quote
08-07-2019 , 07:06 AM
Quote:
Example, you are playing $1,000 deep in the $1,000 max 2 5 NL game and get it in vs. someone playing $800. In this scenario, RIT increases your long-term EV, by giving you a better chance of getting the entire pot and as a result a larger stack which will generate more EV over time (long term EV). If you lose when RIT, you just top up.
It depends. If there are two colluding crushers with 5k and a bunch of short stack fish, then doubling up is actually worse for you than keeping the same stack size. As a general rule, better players tend to be deeper and fish tend to be shorter.
Extra  rake to run it twice debate? Quote
08-18-2019 , 11:10 PM
Just an interesting side note...

Ran it twice today because the high hand promo was an "instant win", quads earns $150 on the spot no waiting for high hand to hold up. I flopped a set and so running it twice - I had 4 shots at 1/45 to win $150. That's just over $13 in value that I have to pay $2 to realize so this is a no brainer run it twice here for the extra $2.

Also I will def acknowledge here some of the other arguments that other people have put up as to why running it twice can be good, regardless of whether the extra $2 is a neg. equity idea etc... he was a nice guy, I felt like I had an edge on him, he was also sitting behind me by two seats so I do prefer to be more friendly with him than others, and I had seen so far that this was a guy who really likes to go twice.
Extra  rake to run it twice debate? Quote
08-18-2019 , 11:44 PM
Quote:
Originally Posted by WTjed
Just an interesting side note...

Ran it twice today because the high hand promo was an "instant win", quads earns $150 on the spot no waiting for high hand to hold up. I flopped a set and so running it twice - I had 4 shots at 1/45 to win $150. That's just over $13 in value that I have to pay $2 to realize so this is a no brainer run it twice here for the extra $2.

Also I will def acknowledge here some of the other arguments that other people have put up as to why running it twice can be good, regardless of whether the extra $2 is a neg. equity idea etc... he was a nice guy, I felt like I had an edge on him, he was also sitting behind me by two seats so I do prefer to be more friendly with him than others, and I had seen so far that this was a guy who really likes to go twice.
actually $6.50 of value unlocked by running it twice, so the decision is worth about +$4.50ish to run it twice - Not super flashy, but neither is $1/$2 NLHE.
Extra  rake to run it twice debate? Quote
08-22-2019 , 01:04 AM
Quote:
Originally Posted by madlex
Your hand: AA
My hand: 55

Board: AA55

We decide to RIT. How does your equity change?
Doubles the chance of a chop due to a foul deck
Extra  rake to run it twice debate? Quote

      
m