Can money be made with this rake? - Poker Card Room

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Can money be made with this rake?

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07-30-2017 , 12:23 PM

Weekendhussler

stranger

Join Date: Jun 2017 Posts: 9

Hi there 2p2 I've found a local poker room in my area that does tournaments only 5 days a week which is my preferred game. The rake I feel is huge and I'm wondering for a good player can money be made with the rake? I'll list the events and gtd prizepool.

Monday mega Monday 12k prizepool, 165/35$
Wednesday 1k guaranteed 1st 55/20$
Thursday satellite 150/30$
Friday omaha/Holdem switch 120/30$
Sunday 120/30$
Bounty 100/25$.

Thanks guys.

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07-30-2017 , 12:57 PM

Jarretman

veteran

Join Date: Jun 2010 Posts: 2,937

Short answer, yes.

Long-ish answer, it depends how big is your edge on the field. Judging from the fact that it's a local poker room with really high rake, the games are probably soft as baby balls. Definitely can be beatable.

Real answer, with these low buy-ins and high rake even if you were a super wizard crusher I doubt you could make $10/h on avgerage.

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07-30-2017 , 01:24 PM

Weekendhussler

stranger

Join Date: Jun 2017 Posts: 9

Quote:

Originally Posted by Jarretman

Hi thanks for the reply, so your reply means this rake is really ridiculous and hard to make much money?

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07-30-2017 , 07:56 PM

Mat the Gambler

adept

Join Date: Feb 2010 Posts: 1,170

What are the structures? Your skill advantage diminishes as the speed of the tournament increases. If you've only got two hours before everyone is under 30BB, it's highly unlikely you can overcome the variance.

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07-30-2017 , 08:00 PM

Leha

enthusiast

Join Date: Mar 2015 Posts: 55

Rake is pretty normal, havent seen many tournaments under 400$ buyin that charge less then 18-20%, even Venetian Aria etc charge those rakes at their dailys/extravaganza...
Only at high buy-in tournaments with 1000$+ buy-in you can find rake of 10%

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07-30-2017 , 10:16 PM

Fore

Pooh-Bah

Join Date: Dec 2014 Posts: 3,777

For OP I am pretty with any rake he would not be profitable currently.

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07-31-2017 , 12:50 AM

Weekendhussler

stranger

Join Date: Jun 2017 Posts: 9

Hi guys tournaments are 30k starting stack and 20 min levels.

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07-31-2017 , 01:05 AM

Niediam

Carpal \'Tunnel

Join Date: Jan 2005 Posts: 6,068

Quote:

Originally Posted by Weekendhussler

Hi guys tournaments are 30k starting stack and 20 min levels.

30k stack doesn't have any meaning without knowing the blind levels...

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07-31-2017 , 01:24 AM

Weekendhussler

stranger

Join Date: Jun 2017 Posts: 9

Quote:

Originally Posted by Niediam

30k stack doesn't have any meaning without knowing the blind levels...

50/100
100/200
200/400
300/600
400/800
600/1200
I know at the 3 hour mark it's 2k/4K

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07-31-2017 , 01:34 AM

#10

Koko the munkey

veteran

Join Date: May 2008 Posts: 3,384

It's a turbo structure. Starting stacks are pretty much irrelevant with 20 minute blinds. It's going to turn into a < 10BB shove fest at some point, probably near the final table and (well) short of the money. You would have to be a HIGHLY skilled player to overcome that kind of rake.

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07-31-2017 , 08:02 AM

#11

Ray Zee

Carpal \'Tunnel

Join Date: Aug 2002 Posts: 17,920

think of it like this. if you played every day with no rake in the tournament would you pay 8,000 a year to the house to do that.?

or if instead of a rake like that they just took one whole tournament for themselves randomly each fifth time played.

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07-31-2017 , 10:40 AM

#12

Weekendhussler

stranger

Join Date: Jun 2017 Posts: 9

Quote:

Originally Posted by Ray Zee

I think what your getting at is that its really high. There's a monthly points race where 1st gets 1k. I love tournament poker and prefer it to cash but I guess I'm going to have to be really good to make it at these.

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07-31-2017 , 11:25 AM

#13

Mat the Gambler

adept

Join Date: Feb 2010 Posts: 1,170

Quote:

Originally Posted by Weekendhussler

What do you mean by "make it"? Are you planning to go pro and support yourself by playing these tournaments? That would be almost impossible. If you just enjoy playing tournaments more than cash, then by all means play and have fun, but don't expect your winnings to fund any vacations or anything.

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07-31-2017 , 01:06 PM

#14

Weekendhussler

stranger

Join Date: Jun 2017 Posts: 9

Quote:

Originally Posted by Mat the Gambler

For me make it means making money at these games and building a bigger bankroll to play bigger events. I have a good paying job where I can play these comfortably and not worry about if I lose my roll.

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07-31-2017 , 01:19 PM

#15

Koko the munkey

veteran

Join Date: May 2008 Posts: 3,384

Quote:

Originally Posted by Mat the Gambler

don't expect your winnings to fund any vacations or anything.

I've been on quite a few tournament-funded vacations from small buy-in events.

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07-31-2017 , 01:24 PM

#16

Didace

Carpal \'Tunnel

Join Date: Nov 2009 Posts: 19,888

Quote:

Originally Posted by Koko the munkey

I've been on quite a few tournament-funded vacations from small buy-in events.

I don't think some people realize how bad the fields are in these types of events. This is mostly what I play in and have never had a long downswing. Do I win life-changing money? No. Can I buy lots of nice things with what I do win? Yes.

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