08-01-2004, 10:30 PM | #1 | ||
College Starter
Join Date: Nov 2003
Location: CT via PA via CA via PA
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Poker: Possible Reason Why You Don't Win at 2/4 Limit Tables
Read this. It comes from hxxp://rakefree.com/about_us.html , Dutch Boyd's new cardroom. I bring this up because I've heard a lot of people discuss that they win big at the $3/$6 limit tables, but don't have success at the $2/$4 limit tables. Maybe this is an explanation why.
--- A few years ago, while working as a prop in Garden City, a Northern California cardroom, I started comparing notes with the other player-employees at the casino and discovered something startling... not a single prop was winning at the 2-4 limits. We were beating the higher limits just fine... but 2-4 was unbeatable for us. I wondered why this should be the case. The answer is simple. With online poker, the rake is slightly more favorable than in bricks and mortar cardrooms... the standard rake structure is 5% of the pot in $1 increments up to $3. But online poker is much faster than bricks and mortar cardrooms, which means that an online poker site is actually raking more per hour from each table than it's land-based counterparts. An average 2-4 player online will pay about $12/hr to the house, while a higher-limit player pays about $18/hr. This really adds up. A high-limit online poker professional playing one table for forty hours a week, fifty weeks a year, can expect to pay about $40,000 to the house. No wonder so many people are losing at poker. It is our goal at Rakefree.com to make poker into as close to an even sum game as possible by offering all of our poker games without a rake. We are currently in the development phase of this project, so please check back for updates. You can also sign up to our mailing list to receive updates by emailing [email protected]. - Dutch Boyd |
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08-01-2004, 10:38 PM | #2 |
Strategy Moderator
Join Date: Nov 2001
Location: North Carolina
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Basically I think the rake ends up being the same at 2/4 and 3/6... so you make more over the top of the max rake on bigger pots at 3/6.
My BB/hour has pretty much held steady from 2/4 to 3/6 though. |
08-01-2004, 10:45 PM | #3 |
Checkraising Tourists
Join Date: Jan 2001
Location: Cocoa Beach, FL
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If you can't beat the rake in 2/4 online poker, then there's not much I can say. To put it bluntly, you just suck.
When I first started multitabling, I played four 2/4 tables, and I was making about $30 per hour. I wasn't paying attention to the opponents, and I would do other things while playing; watching TV, e-mailing, etc. I was not a very good player, and I've improved a great deal since then. |
08-01-2004, 10:46 PM | #4 |
College Starter
Join Date: Nov 2003
Location: CT via PA via CA via PA
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I don't have the money to know if I could beat the rake, yet. I hope to find out within the next month, though.
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08-01-2004, 10:51 PM | #5 |
Checkraising Tourists
Join Date: Jan 2001
Location: Cocoa Beach, FL
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Also, I would strongly advise anyone from getting involved in any Dutch Boyd venture. The guy is a documented crook and a liar.
Do a google search on rec.gambling.poker and read the history. |
08-01-2004, 11:33 PM | #6 |
College Starter
Join Date: Nov 2003
Location: CT via PA via CA via PA
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I did read up on it...seems his money carrier was the one that screwed him over. I have to read more on it, but it seemed out of his control.
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08-02-2004, 09:13 AM | #7 | |
Strategy Moderator
Join Date: Nov 2001
Location: North Carolina
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Quote:
Yeah, that's what he says anyway. Regardless, he hasn't exactly gone out of his way to make good the money that tons of people lost. |
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08-02-2004, 09:15 AM | #8 | |
Strategy Moderator
Join Date: Nov 2001
Location: North Carolina
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Quote:
Correct. I realize they are just trying to make a statement about how the rake is possibly worst at 2/4 (relative to winnings), but to say it's unbeatable is a total crock of shit. |
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