Strong bump. I've been reading some of this thread. It's very interesting.
Quote:
Originally Posted by knircky
Quick question, who wins the pot? The winner of the hand.
So if the money is taken out of the pot, the pot is smaller than it would be without rake.
The site thus takes the money away from the winner of the hand.
The rake comes out of the pot, the winner would have won.
The calculation of VIP points has nothing to do with the fact of who loses the rake. Hem and pt allows for different calculations of rake contribution to account for that.
This is a very good point. The player who wins the pot loses out on the rake paid by the losing player, but that rake does not count towards any rakeback payments for the player who won the pot.
Quote:
Originally Posted by knircky
I disagree. I know that this thread has made a difference and will.
I have been pretty active here and for me at least I understand the rake now.
This is a theoretical discussion about the topic of sustainable rake or even poker ecosystem.
This is not a company program to change any site. It is a discussion as such participants and readers can use it to educate them self.
As such I am pretty sure it has changed some players perception, which is the most it can and should do.
I have never met a poker player at a real table who understands how rake works.
The first step is for the community to understand the topic, then it will make a difference. So far i am pretty sure that less than 10% of 2+2ers understand rake and less than 1% of all players.
I'm beginning to come to terms with the truly devastating and crushing effect rake has on today's online games. I'd like to think I'm in the 10% of 2+2ers and 1% of all players that understands rake.
Just to give some perspective, if you sit down at a 6-max microstakes table and play against the same opponents, all the money on the table will be taken by the poker site within 24 hours. That's a disgusting fact and makes you see why so few players win. If you're playing at a table full of 5 other grinders, you stand no chance of winning, given that everyone gets dealt the same cards in the long run. Even at a table with 3 other grinders and 2 semi-weak players, you stand very little chance of making money. Literally the only way of winning is if there's someone at your table giving away their money by making huge mistakes, and they need to give it away sooner rather than later. Even getting a good rakeback deal will not help. The money will still all be taken by the site on that particular microstakes table, just at a slightly slower rate.
You need to be playing at 400nl+ for rake to not such a devastating effect. But then you run into other problems, such as very few tables running and extremely skilled opponents.
Quote:
Originally Posted by gui166
Hello guys.
First I'd like to introduce myself. I am a SSPLO player and I'll be in the next Pokerstars player meetings representing brazilian poker forum MaisEV. I am creating this topic in HSPLO forum because this is where all rake-related discussions are happening.
One of pokerstars' arguments to not lower the rake was that players had better winrates in PLO. Well, I brought some numbers. These are the players that played most hands in the last 12 months in pokerstars $0.50/$1 PLO 6max (more than 10kk hands total):
(all winrates are in ptbb)
Take a look at the winrates. Only 3 out of 25 regulars are winners. The rest of them are all either losing or even. Remember, this is a stake where the field is soft, theres lots of fish!! Still, regulars struggle to make a profit. Games are dying and it's not because of field toughness. Now think about stakes below that pay even more rake. PLO will never get close to its potential. The situation is totally unsustainable and can't stay like this.
This post someone else quoted is also disgusting. All those players would be in profit with zero rake. Everything just gets taken by the poker sites.