Quote:
Originally Posted by Michael.T
I think people get carried away saying the games are getting too tough
There is always a way to beat a player/game
and there's PLO. Everyone is terrible
Plus MTT. Just run good for a few k hands and boom, BR for MSNL
Its kind of funny you mention PLO. I do agree the average player in PLO is definitely quite terrible. The catch here is that PLO is raked vastly harder than even no limit holdem is to say nothing of practical issues of how few games run and how slowly they play.
In all of midstakes PLO - that is $200 to $600, how many people do you think have made 100k or more this year on the tables?
Why 100k? Well thats a figure that used to be very possible to reasonably make on the tables $200NL without being the absolute best player in the games and putting in 800k hands. But those days are long gone. How many people do you think have made 100k in all of midstakes NL so far this year? That is $200 to $600NL? 50, 100, 200?
Now even amongst the best midstakes players in the world only a dozen are up 100k 10 months into the year. Even at $1000NL only 16 people have made 100k, just 100 buyins at that stake, this year. Again don't forget these are the absolute best players in the world. For the other 99.99% of players, online poker is becoming a joke. The games haven't become terribly tough, but edges have substantially decreased between players. In spite of this the sites have done nothing but INCREASE the rake which is the problem here.
If these numbers don't stand out to you enough, wait until next year when you'll almost certainly see single digits making > 100k. And it won't be long after that when nobody is making > 100k on the tables outside of the very high stakes.
Its time for the rake to go down.