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Originally Posted by Abbaddabba
You’re not just paying 1% on your net all in ev. Over 1m hands you might hve 10-50k all ins depending on the game type... that’s 1-5bb/100 or 100-500 buy ins in additional rake.
So to avoid possibly running $25k below ev at 1/2 nl youd be paying around $10-20,000 more in rake. Good buy!
You are right. I crunched the numbers in Excel; it is a lot worse than I thought.
The extra cost is between 1-3 bb per AI pot, depending on pot size and stake. I've about 0,5 AIs / 100 hands in my DB, so that would be a whopping 0.5-1.5 bb/100 for the cashout privilege.
It's a double whammy, because PS not only takes 1% equity, the capped rake plays in their favor as well. You're better off paying capped rake on a 200bb pot with 50% chance, than paying the same capped rake twice for a 100bb pot. It's only at nanostakes where this isn't a factor. I got assraped for -1.44 bb/100 in AI EV variance, but at least that has 0 future EV.
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