Beat The Rake

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Almost everyone is familiar with a per-hand rake. In each pot, the house takes out a few dollars as its cut. In live play, this rake is often taken $1 for every $10 in the pot, capped at $4 per pot (in the United States), So if the final pot ...

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6 Responses to “Beat The Rake”

Jeff D
@ Tue May 05, 2009 01:42:23 PM
1

I’m pretty sure that once upon a time Foxwoods charged a seat charge AND took a rake, though now at least in the $1/$2 NL games it’s just the rake.

JJS
@ Tue May 05, 2009 05:19:47 PM
2

>”After doing some research it seems that a realistic winrate would be about $6 profit per 100 hands in a $1-$2 game.”

As I understand it, the (roughly) 2BB/100 or 3BB/100 win rate estimates are win rates -after- the rake, not before it. So if the time charge is only a little worse than the rake, then you can still have a positive win rate.

Strangefish
@ Tue May 05, 2009 06:00:25 PM
3

Welcome to Australia where the standard charge on a 1-2NL game is %10 of the pot capped at $6 AND $5 per player per hour. Oh, and in Sydney the buy in is capped at $100. The $5-$5 game has a capped buy in of $500, rake capped at $10 and a $10 per hour per player time charge. And tipping the dealers is illegal so there is no incentive for them to deal quickly…

warlockjd
@ Sat May 09, 2009 03:36:13 AM
4

Welcome to Sarasota, where there is a 10% rake capped at $5, a $1 bad beat jackpot, plus a $1 ‘promotions jackpot’ drop. Add $1 tip per pot and we’re talking $8/hand.

Max buyin at $1/2NL is $60. The big game $2/3NL has a max buyin of $100.

All of the jackpots are, of course, prejudiced towards the $2 straight players ($2 preflop, turn, river, 4 max bets per street). I don’t think Sklansky or Miller could beat this last game (same rake).

blood
@ Sat May 09, 2009 10:37:08 AM
5

… all the more reason why online is the way to play. :)

toebori
@ Wed May 27, 2009 12:41:43 PM
6

i’m in the “dog house” at my local casinos but i cannot afford to tip a dealer $1 every hand at 1-2 or 2-5 live and keep playing. the economy has my income down from other sources (like to zero)and frankly, as far as i’m concerned a dealer does not deserve $25+ per hour. i do still tip but not like an atm.

as a grinder that saves me a couple hundred a month. when the money was flowing a couple years ago i wouldn’t consider such a tactic but times are tuff. other players give me a hard time but i’ll decide how much and when to tip for myself.

toebori

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