Nosebleed Cash Games in Macau thread - Page 54 - Poker News

To Winfried or Stella,
Thank you for all the details you've provided us about the big game. We really appreciate being able to get a peek into such insane action.
I do actually have a question for you about Macau poker, but I'm not sure if this is the right thread for it. With that said, do you think that the rake in Macau is eventually going to be lowered to what the rest of the world charges for poker? I understand for very big games like the one where you're describing, a 200-300hkd max rake is nothing. But for a person looking to play for a living at 25/50HKD or even 50/100HKD games, having a rake that is 4-5 times what all other countries charge is not that profitable for the player in the long run.
I understand that the games in Macau are much softer, but that type of rake eats into your profits so much that staying in the U.S. with better opponents but much better rake might still be the preferred and more profitable option. For example, a very good long term winrate for 25/50 might be 600 per hour, and with a 300 max rake per hand, you are probably paying 400-500 in rake per hour. And believe me, making 600 per hour is already describing the win rate of a top player for those stakes; to win 12x your big blind per hour average in a very long run is considered by many professionals to be one of the top win rates out there.
For Macau to be a viable option for many professionals, I think that the rake really has to be lowered to what makes sense for them mathematically. And trust me, most live cash game professionals have done the math I spelled out and is the main reason why they haven't relocated to Macau. Do you think that would be any changes in the near future?
And once again, thank you for your updates.

Rake is incremental depending on limits with a maximum HKD100 on lower limit tables to HKD300 on the highest.

According to local gaming commission laws, rake should be between 3%-5% and a maximum of 5x BB. Technically charging only HKD300 is probably breaking the law but I don't think the local gaming inspectors pay too much attention to poker as it is not much of a revenue generator.

Also with a 40% gaming tax on the rake casinos aren't making much money on poker anyway so I don't expect it will ever be cut unless the government lowers the tax rate.. Still you don't have to tip the dealer so thats something saved.

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11-20-2010 , 08:35 AM

#1327

goncalostar

old hand

Join Date: Nov 2009 Posts: 1,372

Quote:

Originally Posted by Stella Yeh

Matt! please SILENCE this man!!! that is the most ridiculous story i've ever heard in my life. There is NO Truth to this post at all!!!!!!!!! but you get an A+ for imagination. lolz............this guy needs to be banned.

Stella maybe if you guys provide us some updates (of the past 2/3 days) this guys won't came here with this fake stories.
Can u atleast tell us if Tom is a winner or a looser in the BIG Game?

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11-20-2010 , 08:57 AM

#1328

deathofpoker

centurion

Join Date: Nov 2010 Posts: 147

This is my first and last post. I couldn't stand by any longer and watch these moronic douche-bags destroy this thread. I came here to read about this awesome cash game off a link from another website, and at first this thread was the best with updates from people actually in Macau. Then came the typical internet douche-bags with fake rumors and dumb comments trying to be funny when actually it makes them look like uneducated imbeciles. Please someone ban these d-bags once and for all.

Last edited by Kevmath; 11-20-2010 at 11:03 AM.

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11-20-2010 , 09:36 AM

#1329

Matt Savage

Pooh-Bah

Join Date: Mar 2007 Posts: 5,148

Phil Ivey has gone back to the US ahead an unknown amount, Durrrr is still in Macau, this is all the information I was given at this time.

Tom Hall will report in the next 24 hours after meeting with the players and club owners.

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11-20-2010 , 09:38 AM

#1330

astro39

grinder

Join Date: Nov 2010 Posts: 464

Quote:

Originally Posted by Stella Yeh

Matt SILENCE this man! That is the most outrageous story I've ever heard. A+ for imagination. 10000000 % nothing in this post is true. Someone ban this person asap!

No one who has followed this thread took that post seriously - as you say, A + for imagination, and a life time ban from this website.

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11-20-2010 , 09:40 AM

#1331

perennialloser

journeyman

Join Date: Jan 2009 Posts: 315

Quote:

Originally Posted by Stella Yeh

What's in the post that was deleted? I wanna read it.

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11-20-2010 , 09:45 AM

#1332

astro39

grinder

Join Date: Nov 2010 Posts: 464

Quote:

Originally Posted by perennialloser

What's in the post that was deleted? I wanna read it.

Just a B.S. story that really is not worth repeating.

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11-20-2010 , 09:46 AM

#1333

goncalostar

old hand

Join Date: Nov 2009 Posts: 1,372

Quote:

Originally Posted by Matt Savage

Thanks

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11-20-2010 , 09:49 AM

#1334

BigDish

grinder

Join Date: Sep 2010 Posts: 530

Quote:

Originally Posted by hooloo

HU is over, durrr is down 20M HKS

has there been any conformation to this whatsoever?

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11-20-2010 , 09:59 AM

#1335

Rob999

banned

Join Date: Jun 2007 Posts: 1,711

Quote:

Originally Posted by Stella Yeh

Matt SILENCE this man! That is the most outrageous story I've ever heard. A+ for imagination. 10000000 % nothing in this post is true. Someone ban this person asap!

Hold on Stella, let's not water torture this guy just yet over an obvious attempt at a joke. I would like to say this thread has made a life long gambler want to head to the Far East for the first time!!!

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11-20-2010 , 10:11 AM

#1336

nilesz

journeyman

Join Date: Dec 2009 Posts: 353

Quote:

Originally Posted by deathofpoker

To follow the cash game without the trolling, you should watch it here, Kevmath removed all the trash in this thread:
http://forumserver.twoplustwo.com/29...ersion-921898/

Last edited by nilesz; 11-20-2010 at 10:13 AM. Reason: and it is read only

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11-20-2010 , 10:17 AM

#1337

Tunnelvisie

centurion

Join Date: Sep 2009 Posts: 180

Phil Ivey will return to Macau next week when he will be crowned the new Emperor of China, you heard it here first

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11-20-2010 , 11:39 AM

#1338

Kesky

journeyman

Join Date: Apr 2008 Posts: 312

Quote:

Originally Posted by Kevmath

For those who want a condensed version of this thread, I've copied over the more important posts (imo) and stickied to the top of NVG.

Thank you so much.

It's depressing how a potentially great thread gets ruined by spammers.

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11-20-2010 , 12:01 PM

#1339

DonkStrike

centurion

Join Date: Jul 2005 Posts: 150

Durr is down so much now, that he won't leave until he taps out.

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11-20-2010 , 12:05 PM

#1340

Kaizer1981

centurion

Join Date: Dec 2009 Posts: 101

Quote:

Originally Posted by DonkStrike

Durr is down so much now, that he won't leave until he taps out.

can anyone speculate how much he's stuck????

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11-20-2010 , 12:18 PM

#1341

yougotG0T

adept

Join Date: Oct 2010 Posts: 868

If there's anything this thread needs right now is more speculation.

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11-20-2010 , 12:20 PM

#1342

Kaizer1981

centurion

Join Date: Dec 2009 Posts: 101

LOL sorry just curious thats all

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11-20-2010 , 12:49 PM

#1343

udrazer

journeyman

Join Date: Nov 2006 Posts: 358

this month last year durrr had an insane downswing, and the same thing happened again, hope he makes a come back like he did again.

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11-20-2010 , 12:55 PM

#1344

inthepub5

banned

Join Date: Aug 2009 Posts: 3,994

20m HK$ is like 3million US right?

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11-20-2010 , 12:58 PM

#1345

NomoneyHU.

Carpal \'Tunnel

Join Date: Jun 2010 Posts: 6,061

Quote:

Originally Posted by inthepub5

20m HK$ is like 3million US right?

20,000,000.00 HKD = 2,579,513.55 USD

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11-20-2010 , 01:09 PM

#1346

SMOOTH55

journeyman

Join Date: Feb 2008 Posts: 275

LOLz - I loved that movie as a kid. God of the Gamblers - isn't he still hiding out in Brazil?

Next movie should be King of the Degenerates

Quote:

Originally Posted by hooloo

Welcome to Macau!

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11-20-2010 , 01:23 PM

#1347

goncalostar

old hand

Join Date: Nov 2009 Posts: 1,372

Are u guys sure that durrrr is down 20HK$?

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11-20-2010 , 01:46 PM

#1348

David123

Carpal \'Tunnel

Join Date: Dec 2008 Posts: 8,818

of course not. how could they be sure?

Assume its BS until someone credible posts itt.(golden rule of internet)

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11-20-2010 , 01:59 PM

#1349

Archi

adept

Join Date: Jul 2007 Posts: 872

He might have lost the 20 million HKD to the rich businessman in Heads-up (at least this seems to be the rumor going around). But who knows how much he won in ring games before that. The last news from those games seemed to indicate he won reasonably big from there. So overall we have no idea how he is doing from this trip to Macau. Might be up a few million, or down a bunch. There is no one in 2+2 that would know. Also, the rumors were they had BIG side action on props and stuff. No idea about those either.

So overall, we have no clue about his overall results in Macau. And we might never know unless durrrr is ready to reveal it himself.