Comey
08-01-2004, 10:30 PM
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.
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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] ([email protected]).
- Dutch Boyd
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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] ([email protected]).
- Dutch Boyd