Originally posted by wtt0315
-
ok, thanks ... what does the BBJ usually get up 2, w 2$ a pot, around here the biggest I seen it was like 180kComment -
Good for u, congrats on being a poker superstar and geniusComment -
its a new thing here but they have promotions they pay out like 200 dollars per half hour for high hand.. they also have 2 bad beats 1 is a small one where if you get aces full of kings beat by 4 of a kind or better you everyone get 250 and 500 to winner and loser.. then they have the normal bad beat which is 10's or better beat by another hand and since they started it this way it has hit once at 150kOriginally posted by YouMamaComment -
any place with a bad beat JP is going to have shitty rakes thats how it works. But their rake is about 5-10 times wha they actually put into them. We sat in Commerce and Hawaiian Gardens for days on end adding up rakes at the various tables and tabulated how much the JP would go up. We called them on it but obviously they claimed it was all on the square.
But I collected on enough of those in my time not to worry. Big end on two, one for 60K the other for 20 or 30K and small end on 3 or 4 others and table share on a few dozen. Only time you play 1/2 NL for any extended period of time is when they have double jackpots and the jackpot is worth winning. Obviously the 1/2 JP is going to be the highest in the joint. because more people play it.
But these sort of arguments remind me of the horse racing arguments I hear about being unable to beat the take out. As long as you win more than you lose youre going to make money. Talent and 'skill' have a lot more bearing on success than blind luck over the long haul and should be enough to overcome even horrendously horrible rakes.Comment -
Why are you guys still talking to this turd, giving him a thread to act tough in? Why argue with someone who whines about the fuking rake?Comment -
Ty for posting in my thread, your opinion means a lot to meOriginally posted by DutchComment -
Long story short since its been answered many times but in conclusion...
The rake makes 1/2 unplayable for anyone that wants ro make a living at low stakes poker. That dosent make it unbeatable. *Before i started playing 2/5 and 5/10 NL to suppliment my income i was making 1500-2000 a month playing 1/2 NL( not including bonuses/ promos) for around 17 months before i moved up to a 2/5 bankroll( i gotta have 50 buy ins for me to play at any stake. The rake is a killer but its the easiest game to beat and regardless of if your playing against drunk nits or not if you cant beat this game your a bad player.*
*Your main assumption is to ditch the game completely. The next limit would be 2/5 no limit. This is the game i mainly play and most people at this limit have money to blow, are above average players, aspiring professional, or professionals( only source of income). If any joe blow came into this game they would get rapped. Not to mention the average buy in at this stake is 500-1000 vs 60 at 1/2. So that is not considerable to get rid of 1/2.
In conclusion 1/2 rake sucks but easily beatable but the rake makes the theoretical hold on the game unplayable. If you plan to be a pro at 1/2 you might as well get a $10 hour job. But for people that are there to have fun its a great game for them.*Comment -
On a side note 100% of people that i know that make a living at 1/2 are house players( props) . This is cash under the table. $3200 a month. Then lets say they make $1500 in winnings and work 3 months a year to claim unemployment.
3200 from Propping
1500 winnings
1000-2k UI benefeits. Thats $5700 cash tax freeComment -
This I absolutely agree with, if you can be a house player at 1/2 you can make a living at it, otherwise the rake will eat up a huge % of already low profits and make a job at McDs seem like CEO of AppleOriginally posted by UntilTheNDofTimEComment -
Did you ever calculate how much you make per hour at 1/2? I can make just over 10 an hour without promo's and sometimes (like this month) there will be a huge promo that can pay up to 7.50 per hour, but let's throw that out since it's not always there. Would you rather "work" at 1/2 or "work" at McDonalds for two or three bucks an hour less? Serious question, maybe MCdonalds is better?Originally posted by UntilTheNDofTimEComment -
mcdonalds u can steal food and bang 18 yr old fast food working whoresComment -
You dont ever lose money at McDs, bad beats, during the week being scrunched in between nothing but nonstop nits that wont call anything, Employee discount (not that you would want to use it)/EIC credit/SS/Unemployment Insurance/Potential for Raises (lets face it if you can count to 10 youll prolly make manager at McDs) etcOriginally posted by HauntingTheHoly
Given only those 2 choices....McDsComment -
"10 bucks an hour" takes your point about the nits and sometimes losing into consideration already. Unless you meant that it is too difficult to manage money at 1/2 despite making 2-3 dollar an hour more. My best week ever at 1/2 I made about 2 grand profit. Worst night ever I lost nearly six hundred in two and a half HOURS. Those are extreme examples and neither will happen often, but it doesn't matter as long as you know to expect it and are a good money manager. Your point about making manager if you can count to 10 is good, but I was looking at both options as temporary - so maybe our hero is a college kid or young worker working out of field until conditions improve/he gets a better job.Originally posted by bettilimbroke999Comment -
Now THIS I had overlooked....Originally posted by YouMama
Comment -
Calculating a hourly rate when playing poker is irrelevant because sessions vary greatly in length. Although i would calculate the average daily take and yes it's much higher and more tax adventageous than working at mcdonalds but why would you play 1/2 nl for a living if playing at a optimal level will only net you 1800-2500 on average a month( for me atleast). If you decide to prop and make another 3,000 in salary yes its worth it. Playing 2/5 no limit you can make 4-6k a month if your average hold per session is in the ~230~ range( assuming 20 sessions a month). So i wouldnt waste my time playing 1/2 because of the rake for 1, the amount of money on the table , and the small amount of money youll win on average at that game.*Originally posted by HauntingTheHolyComment -
yo until...what places is giving up these type of props?Originally posted by UntilTheNDofTimEComment -
Darkside 95% of all casinos need house players to get a game started/keep a game full. Its very cheap to pay someone 15-25 a hour to keep a game going when the house will make $200 a hour per table. If you play enough poker youll realize this. Secondly before you piss your pants and say " holy shit" i can get paid to play poker! If your not already playing poker for a living its not worth it. Not easy to play poker 160 hours a month and overcome the rake playing limit poker/ omaha and 1/2 NL. These are the games that props mostly play in. In 3 years i cant even tell you how many people ive seen come and go.*Comment -
Realistically a casino can hire every single person that walks through the door and say hey " ill pay you $12 a hour to play poker, work up to 8 hours a day, 40 hours a week, play anytime you want" and theyd still make money. Turnover rate would be so high though and unemployment insurance claims and taxes would put them out of business.Comment -
thanks for the info! not trying to be a house player. not really a no limit player..play alot of limit myself.Comment -
a perfect example is around 3 in the morning lets say you have a full table. 3 props on the table and 6 actual players. 1 player leaves and 1 gets busted. If you take away the props the game may break. In my experience at lower limit games like 1/2 people do not feel comfortable playing with less than six and 1 person will always leave and when it gets to 4 handed the game will break. having those 3 props and paying them a total of $45-60 a hour will keep that game going strong 7 handed. The casino will continue to make $200 a hour for this investment. And really the casino is basically only paying the players their rakeback per hour( $200 hr/9= $22) so its not like their losing money on this player.Comment -
Worst card room in the USA...Originally posted by Darkside MagickComment -
until i dont wana sound stupid but i have never heard of any casino using prop players in recent times, at least at 1/2 nl. before the poker boom when it wasnt popular yes all the time, not nowadays though.Comment -
easy money on fri and sat..... you can get 250 a night on those two days..nothing but drunks from the quarter playingOriginally posted by uup115Comment -
pretty much any room in the usaOriginally posted by Darkside MagickComment -
I have played in 3 card rooms in the USA...Peppermill in Reno, Harrahs in New Orleans, and WinStar in Thackerville, Oklahoma. Harrahas in NOLA was by far the worst. WinStar's card room in OK was great. Peppermill as mediocre.Comment -
Its not sounding stupid, some do some dont. If you look at the overall picture its a great investment in any case. Over here in sac there is about 7 card rooms. 6 of them use props. 2 of the casinos have 10+ props so they can keep multiple games going. Cost them basically nothing. For one props keeping the game going makes the casino another $200 a hour if the game is going. Secondly they can pay all there employees from the Jackpot drop alone. Assuming 40 hands a hour and a average of 3 tables running 24 hours a day. They would make $86,000 a month off the 1 dollar a hand jackpot drop. The jackpot goes up $3000 a month and probably 6,000 worth of small jackpots a month get hit. The other 77,000 easily pays all their employees and props.Originally posted by thetrinityComment -
Big time poker rooms all suck on anything but fri/sat night and holidays, nothing but the wannabe pros tryin to play 100 hours a week to earn a part-time McDs salary and nits the rest of the week, gotta pretty much find a home game to play suckers nowadays, you're just making the casino richer and yourself poorer when you play the big time poker roomsOriginally posted by ad1260Comment -
Might be good idk, I've never tried to find a home game on the internet, I just happen to play with alot of degenerate gamblers such as myself that I know locally. I dont drive an hour to the billion dollar nit casino I just go to where the real gamblings atOriginally posted by YouMamaComment -
bring your gat at those home poker games..cats be looking at listing so the can come rob the joint of that gwap!!!!!!!!!Originally posted by bettilimbroke999Comment -
lol just saw that yesterday, I prob wouldnt do it since I live withing 45 mins of 5 card rooms, but I never heard of it before ... these things ... I always imagine, like ocassional large field tournamnets sent out by text message, taking place in the basement of a chinese restaurant with 2 guys with shotguns standing at the door, lol
i think i watch 2 many moviesComment -
It does seem like listing a home game online would be a bad idea
BIG MONEY ILLEGAL CASH POKER GAME AT 456 SMITH STREET, LOTS OF CASH MONEY WILL BE THERE FOR THE TAKING ON FRIDAY NIGHT! WHETHER YOU'RE LAW ENFORCEMENT OR JUST A CRIMINAL LOOKING FOR A GOOD SCORE COME AND GET IT!!!Comment -
WHAT?!?!Originally posted by UntilTheNDofTimE
Calculating an hourly rate is worthless b/c sessions vary in length? Did you not realize one could input the length of their session in a cell of the spreadsheet every time they play? Or that sessions DON'T necessarily have to vary greatly in length? Obviously if you know your total hours played, net profit, and have a significant data set, you can "very relevently" calculate your amount per hour. And how else did you think i was calculating it? By keeping track for a week and assuming it's accurate long term?
Not only this, but immediately after claiming an hourly rate calculation is irrelevant, you begin making monthly calculations using the same method. 
Comment -
No no no, im not saying you cantAccurately calculate a hourly rate im saying its irrelevant to do so. Im yet to know a poker player thats to the obsessive compulsive over a hourly rate. They concern themselves weekly and monthly. If that were the case if i was to double up in less than a hour id run home to input i made 1k a hour. Different ways of doing so but im yet to see a live poker player concerns themselves with a hourly rate. Online players of course shoot for 4-8 BB /hrOriginally posted by HauntingTheHolyWHAT?!?!
Calculating an hourly rate is worthless b/c sessions vary in length? Did you not realize one could input the length of their session in a cell of the spreadsheet every time they play? Or that sessions DON'T necessarily have to vary greatly in length? Obviously if you know your total hours played, net profit, and have a significant data set, you can "very relevently" calculate your amount per hour. And how else did you think i was calculating it? By keeping track for a week and assuming it's accurate long term? Not only this, but immediately after claiming an hourly rate calculation is irrelevant, you begin making monthly calculations using the same method. Comment -
I would think the smaller bankroll players would worry more about weekly rate, bigger bankroll, monthly in real world application ... but when explaining to people how much you make on average, i would use hourly, its what most people would understand, since hourly/and yearly are what people mostly portray earnings inComment
