how good a game does it have to be to put up with 5% uncapped rake?

robinlacey

i'm in punta del este in uruguay at the moment,its a town popular with rich south american tourists,so the poker games are ridiculously juicy.

however the rake is 5% uncapped. how beatable is this game? presume the majority of players in the fitz would be a winner in the game.

Goodluck2me

robinlacey wrote: »

i'm in punta del este in uruguay at the moment,its a town popular with rich south american tourists,so the poker games are ridiculously juicy.

however the rake is 5% uncapped. how beatable is this game? presume the majority of players in the fitz would be a winner in the game.

surely that must be beatable if the fitz regulare would win, you should get it in often enough with more than a 60-40 edge to make it count. I guess when calculating EV, you should probably take away the 5% at the end as the amount you will win.

say 50 to call and 100 in the pot, you should say its 50 to win 190 etc.

RoundTower

that game should be beatable almost no mater what, assuming stacks are 50bb+.

I don't think gl2me's maths can be right, that sounds like way too much rake.

robinlacey

nice one,cheers for the replies

Mellor

RoundTower wrote: »

that game should be beatable almost no mater what, assuming stacks are 50bb+.

I don't think gl2me's maths can be right, that sounds like way too much rake.

I think Joe is right. If the pot is 100, and villian bets out 50. Don't consider this to be 3/1, if you call the rake will be €10. So base your decision on a €140, so getting 2.8/1
If you base all your decisions on the raked pot you should be good.

RoundTower

ok i misread what he wrote, yeah 50 to win 190 total instead of 50 to win 200 total.

eagle eye

Full of fish, free meals and drink, free lady of the night/masseuse to relieve you after a donk sucks out on your set with runner runner flush with his j6 sooooted.

I'd say I could handle that rake with all of the above.

Hectorjelly

I think its possible to guestimate quite accurately. Poker tracker shows how much you have won and lost from each player, so there should be some way through SQL to get the total amount of money you have won. (Your gross win figure which usually is meaningless unless you are a tournament player).

With this figure, take away the rake you paid to the site.
Then calculate the new rake. 5% uncapped just means you pay 5% of every pot you won, so the rake is 5% of the above figure.

Then take away your loss, and thats how much you would of won had you been playing under this extortionate rake.

The main problem with this method is that you are using your online stats as the model, live poker is going to be different but I cant think of any other way to get an good idea.

Does anyone want to try and extract the data from SQL? You also need a PT database for a winner (5pt+) over something like 20k hands. Id say low stakes (50 1 or 25 50) might be the best.

I would guess that it probably is profitable.

RoundTower

the model isn't really that good because the games are so dissimilar, you might have a 3% edge on the money you put in in a mid stakes online game, but 20% live.

A better comparison is with a micro game like 5c-10c online which is essentially raked at 5% uncapped because it would take a 6 buyin pot for the cap to be hit. Could you beat this game for a decent clip despite the rake? Almost certainly. It sounds like the live game won't be much tougher.

gondorff

robinlacey wrote: »

i'm in punta del este in uruguay at the moment,its a town popular with rich south american tourists,so the poker games are ridiculously juicy.

however the rake is 5% uncapped. how beatable is this game? presume the majority of players in the fitz would be a winner in the game.

No more or less beatable than if you were in any other exotic sounding location!

Seriously though, as long as you don't lose or break even, you're gonna come out winning.

dannydiamond

gondorff wrote: »

Seriously though, as long as you don't lose or break even, you're gonna come out winning.

Wow Jim this is pure genius,never saw it that way before....

Hitchhiker's Guide to...

dannydiamond wrote: »

Wow Jim this is pure genius,never saw it that way before....

it is profound on many levels.

- never be behind, then you'll always be ahead



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