Quote:
Originally Posted by hurt
it's a 10% decrease in rake and 6.7% decrease in rake cap at 1/2. that's 10% decrease in rake minimum, not sure what the overall decrease will be. let's assume 13%. i played 175k hands of 1/2-3/6 this month (mostly 1/2). paid 15k in rake. i would have paid almost 2k less in rake this month. a lot more than a few hundred. and if i had played 88k hands (probably around what a lot of regs are playing) i would have saved 1k which is still pretty good.
Hmm,
I think theres a big misconception with these changes, in that a lot of regs will say '10% rake reduction + 6.67% rake cap decrease.. well thats about 16%, I might not get all of that but itll be like 13% or so.' hurt posted pretty much exactly this earlier. I think this is wrong.
The general gist is that on most pots you play you are saving 10% and on a small number of pots you are saving 6.67% (and on an almost minute number of pots between 2.80 and $3 rake you are saving somewhere between 10% and 6.67%). These do not add together, but instead average out (Ill post calcs later in this post). The net effect of these is an asymptotic function that approaches a 10% reduction but can never ever exceed 10%.
Cliffs:
-Rake decrease will not be greater than 10%
-Its counter intuitive and changing both prob leads regs to believe the decrease is greater than they actually receive.
-Because of this, Im somewhat sceptical that Stars are pulling a mathematical 'trick.'
Ive played 67,775 hands of 100NL this month (Im ignoring euro and PL hands):
64899 of them were below $62 and therefore experience a 10% reduction.
172 hands were between $62 and $66 and therefore experience a reduction between 10% and 6.67%. Im going to assume 10% for the purposes of calculation which will overestimate the rake reduction.
2704 hands were >$66 and thus experience a 6.67% drop.
64899/67775 * 10% = 9.576%
172/67775 * 10% = 0.02%
2704/67775 * 6.67% = 0.266%
Total rake reduction = 9.576 + 0.02 + 0.266 = 9.862%
Note: Im ignoring the change in rake caps SH, but such a small portion of your hands are SH (even if you start tables (unless your Jimbo)) that it shouldnt matter.
Also note: I think if the cap decreased > 10% then total rake reduction would greater than 10%. But as long as you keep the cap decrease less than the rake decrease then I think it will not exceed that number ie. If you decrease rake by 50% and decreased caps by 49%, then total rake will not decrease by more than 50%.
Last edited by Perfection; 01-28-2012 at 01:06 PM.