I guess we should all play at WPEX
You guys are correct, I didn't account for rake in my calculations.
If we're going to be this precise then I'm also going to assume we have at least 27% rakeback so we're actually paying 3.65% rake. I'll ignore the effect of rake capping.
In my original post:
Quote:
Short stack has 20BB and is not in the blind. You raise 4BB. Short Stack pushes. Everyone else folds. The pot is 25.5BB and you need to call 16BB.
You need a hand which has 38.55% equity against short stack's range to make a call break-even.
Instead if we include 3.65% rake:
Short stack has 20BB and is not in the blind. You raise 4BB. Short Stack pushes. Everyone else folds. The pot is 25.5BB and you need to call 16BB. To pot that win will be $39.98. Effectively, you are calling 16BB to win 23.99BB.
You need a hand which has 40% equity against short stack's range to make a call break-even.
So we're talking about a 1.5 percentage point shift in equity.
Checking my equity lists, that will shift us up with respect to pocket pairs, but still you're never in a situation where calling with a pocket pair is very far wrong. And remember the ranges I used are deliberately conservative. We're still erring on the side of folding. If the short stack ever pushes with TJs or 55 our equity is much better.