Quote:
Originally Posted by Fossilkid93
I'm completely baffled as well. I could see the argument that the table is maybe more likely to break 8-handed vs. 10-handed, but there are probably solutions.
Anyone who thinks they have a decent edge on the field should much prefer 8-handed though.
Only thing I can think of is that they are mostly breakeven or losing players just there for the fun and camaraderie and want to play as few hands as possible and pay little rake. That's why the 20-handed NLHE table idea might have some legs
The total fixation on just the rake paid per hour # (without any consideration for # of hands played per hour or potential winrates) is frankly mind-boggling.
Here is the math showing just how devasting the increase in rake becomes when going from 9 handed to 8 handed:
The first table shows the average cost per hand to play due to the blinds for 10,9,8 handed games. The cost goes up by 12.5% per hand when going from 9 handed down to 8. Anytime you randomly add more forced money to the pot then the skill factor is reduced.
The 2nd table shows how much total rake is removed from the game based on average rake per hand and number of hands dealt per hour. With 10 handed games, I used 30 hands per hour deal rate. With 9 handed games, I used 33 hands per hour, and with 8 handed I used 36 hands per hour. No doubt 8 handed will play the fastest. The total extra rake made by the house is 9.09% higher 8 handed vs 9 handed. No wonder the house wants 8 handed so as to squeeze more money from the players.
The extra money from the player is even worse than 9.09%. Table 3 shows the table configurations based on 18 players in the room, 36 players, 54 players, and 72 players. With 18 players, instead of two tables of 9, there will be 3 short tables of 6 when 8 handed tables are used. This will result in a stunning 63.64% increase in rake for the house!!! With 36 players in the room, instead of 4 tables of 9, there will be 4 tables of 7 and one of 8, and the increase in house rake is 36.36%. With 54 players in the room, the increase is 27.27% and with 72 players in the room, the increase is 22.73%. (note these increases are the same for any average rake amount. $5 is used in the example)
Of course, none of this analysis factors in you will be winning more hands when you play 8 handed vs. 9, and thus likely tipping more which further decreases your winnings. But since everyone here seems to think they can beat ANY rake, then be prepared to play a lot more hours to try and win the same amount you used to make back in the day when tables were 9 or 10 handed. 8 handed poker is the 2nd wave of cancer to hit cash games since the advent of poker jackpots.