Quote:
Originally Posted by BetOnline Mike
Hey guys,
$10k Weekly Cash Race is now $40k with new structure by stake level:
NLHE 10 $500 PLO 10 $250
NLHE 25 $1,000 PLO 25 $500
NLHE 50 $2,000 PLO 50 $1,250
NLHE 100 $10,000 PLO 100 $2,000
NLHE 200 $7,500 PLO 200 $1,500
NLHE 500 $5,000 PLO 500 $2,500
NLHE 1000 $4,000 PLO 1000 $2,000
Total NLHE $30,000 PLO $10,000
*Finally an exclusive PLO version (I’m sure a lot of players will be happy with that)
*Some of the prizes for the top places in certain stake levels include tournament seats to our Sunday Main Event.
Heard about the change to the rake race leaderboard so figured I'd give it a look.
Particularly this part seemed interesting:
Quote:
Originally Posted by BetOnline Mike
Hey guys,
*Finally an exclusive PLO version (I’m sure a lot of players will be happy with that)
But then I checked out the details. My main game is PLO200 so I was most interested in that.
Currently the leader of the PLO200 leaderboard is paying $1460 in rake for the week and top prize is only $491.
Leader of NLHE200 leaderboard is paying $1487 but their top prize is $1766.
So the PLO winner will probably pay roughly the same in rake for about a quarter of the prize that the NLHE winner will receive.
The last week I grinded BOL was back in April and I paid about $5500 in rake in a single week split between PLO100 and PLO200. I could do that now, win both leaderboards and only earn $691 and $491 in prizes for about 21.5% rakeback.
With that much rake paid in NLHE, you could easily win the NL200 leaderboard for $1766 and probably have a decent shot at a high finish in the NL100 leaderboard as well. So you'd be looking at minimum 32.1% rakeback.
PLO players pay a lot more per hand in rake but never seem to have a chance to win a similar % of their rake back compared to their NLHE counterparts.
Seems like some type of tiered VIP system where you pay X rake no matter the game (NLHE, PLO, SNGs, etc.) and receive Y% reward makes the most sense, as well as giving casuals a chance to earn a bit in rewards as well.