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December Results

Wednesday, December 23rd, 2009

A bit early to December results, but with xmas/new year etc I might as well do it now. Hopefully I can do a 2009 roundup post soon as well.

So this month started out well, but then died at the end;

And by site;
Site(hands): $$$ (rb = rakeback)
————————
FT(1216): $62.07+$8.08(rb)
PS(1050): -$12.95
UB(1172): -$22.97+$2.69(rb)
PP(882): -$27.94

I don’t really know what to make of things – there were plenty of bad beats I guess, but it’s hard to tell if that’s the real reason I lost 6 buy-ins in less than 300 hands. It devastated the money I put into PS, UB and PP – now I really need to reload them, although such a crushing has put me off playing there now. If it had happened at Full Tilt at least I would have had rakeback to console me.

ok, here are all the worst losing hands in the 6 buy-in crash. Any advice welcome…

#1 Not sure what I was thinking here. Just dumb really
$0.05/$0.10 No Limit Holdem
6 Players

Stacks:
UTG ($9.85)
UTG+1 ($10)
Hero ($22.40)
BTN ($15.15)
SB ($10.25)
BB ($6.20)

Pre-Flop: ($0.15, 6 players) Hero is CO 8 8
UTG calls $0.10, UTG+1 calls $0.10, Hero raises to $0.30, 2 folds, BB calls $0.20, UTG calls $0.20, UTG+1 calls $0.20

Flop: 3 6 J ($1.25, 4 players)
BB checks, UTG checks, UTG+1 bets $1, Hero calls $1, BB folds, UTG folds

Turn: 5 ($3.25, 2 players)
UTG+1 bets $3, Hero raises to $9, UTG+1 goes all-in $5.70

River: A ($20.95, 2 players, 1 all-in)

Final Pot: $20.95
Hero shows a pair of Eights
8 8
UTG+1 shows three of a kind, Threes
3 3

UTG+1 wins $19.65 (net +$9.65)

Hero collects $0.30 (net -$10)
BB lost $0.30
UTG lost $0.30

#2 I’m a calling station, obviously
$0.05/$0.10 No Limit Holdem
6 Players

Stacks:
UTG ($8.55)
UTG+1 ($10)
CO ($4.80)
Hero ($16.35)
SB ($6.90)
BB ($1.60)

Pre-Flop: ($0.15, 6 players) Hero is BTN 7 7
UTG raises to $0.50, 2 folds, Hero calls $0.50, 2 folds

Flop: 2 3 3 ($1.15, 2 players)
UTG bets $1.30, Hero calls $1.30

Turn: 2 ($3.75, 2 players)
UTG bets $1.20, Hero calls $1.20

River: 9 ($6.15, 2 players)
UTG bets $4, Hero calls $4

Final Pot: $14.15
Hero shows
7 7
UTG shows a full house, Nines full of Threes
9 9

UTG wins $13.50 (net +$6.50)

Hero lost $7

#3 Bad beat – I think I played this correctly
$0.05/$0.10 No Limit Holdem
5 Players

Stacks:
UTG ($10.63)
CO ($2)
BTN ($8.75)
Hero ($16.96)
BB ($3.90)

Pre-Flop: ($0.15, 5 players) Hero is SB 3 3
1 fold, CO checks, BTN raises to $0.45, Hero calls $0.40, BB calls $0.35, CO folds

Flop: 3 10 A ($1.35, 3 players)
Hero bets $1.20, BB calls $1.20, BTN raises to $3.30, Hero goes all-in $16.51, BB goes all-in $2.25, BTN goes all-in $5

Turn: 6 ($30.81, 3 players, 3 all-in)

River: 4 ($30.81, 3 players, 3 all-in)

Final Pot: $30.81
BTN shows (Flush ace high)
9 K
Hero shows (Flush ace high)
3 3
BB shows (One pair aces)
K A

BTN wins $20.48 (net +$11.73)

Hero collects $8.21 (net -$8.75)
BB lost $3.90

#4 I think I played this ok – worth going to showdown, but he beat me
$0.05/$0.10 No Limit Holdem
6 Players

Stacks:
UTG ($2.21)
UTG+1 ($5.04)
CO ($5.39)
Hero ($17.72)
SB ($12.62)
BB ($8.99)

Pre-Flop: ($0.15, 6 players) Hero is BTN K 10
2 folds, CO calls $0.10, Hero raises to $0.30, SB raises to $1.10, 1 fold, CO folds, Hero calls $0.80

Flop: Q 10 J ($2.40, 2 players)
SB bets $2.40, Hero calls $2.40

Turn: K ($7.20, 2 players)
SB checks, Hero checks

River: 8 ($7.20, 2 players)
SB bets $4, Hero calls $4

Final Pot: $15.20
Hero shows
K 10
SB shows (Straight ten to ace)
A A

SB wins $14.44 (net +$6.94)

Hero lost $7.50
CO lost $0.10

#5 HU this is fine, but 3way? I guess it’s still ok
$0.05/$0.10 No Limit Holdem
6 Players

Stacks:
UTG ($10.77)
UTG+1 ($11.08)
CO ($25.67)
BTN ($4.04)
SB ($9.72)
Hero ($10.15)

Pre-Flop: ($0.15, 6 players) Hero is BB A K
UTG raises to $0.40, 2 folds, BTN raises to $0.80, 1 fold, Hero goes all-in $10.05, UTG goes all-in $10.37, BTN goes all-in $3.24

Flop: 9 8 J ($25.01, 3 players, 3 all-in)

Turn: 10 ($25.01, 3 players, 3 all-in)

River: 3 ($25.01, 3 players, 3 all-in)

Final Pot: $25.01
Hero shows
A K
UTG shows
A A
BTN shows
J K

UTG wins $24.01 (net +$13.24)

Hero lost $10.15
BTN lost $4.04

#6 Bad beat I reckon, although he was never folding here
$0.05/$0.10 No Limit Holdem
6 Players

Stacks:
UTG ($12)
UTG+1 ($11.78)
CO ($12.83)
BTN ($6.04)
SB ($9.98)
Hero ($10)

Pre-Flop: ($0.15, 6 players) Hero is BB 10 10
2 folds, CO raises to $0.40, 2 folds, Hero calls $0.30

Flop: 7 9 8 ($0.85, 2 players)
Hero bets $0.60, CO calls $0.60

Turn: J ($2.05, 2 players)
Hero bets $1.46, CO calls $1.46

River: 8 ($4.97, 2 players)
Hero bets $3.54, CO raises to $7.67, Hero goes all-in $4

Final Pot: $20.18
Hero shows
10 10
CO shows
J J

CO wins $19.18 (net +$9.05)

Hero lost $10

#7 I tend to play AQs like AKo – is that wrong?
$0.05/$0.10 No Limit Holdem
6 Players

Stacks:
UTG ($11.58)
UTG+1 ($9.15)
CO ($13.69)
BTN ($11.33)
Hero ($10)
BB ($9.32)

Pre-Flop: ($0.15, 6 players) Hero is SB A Q
UTG raises to $0.20, 2 folds, BTN raises to $0.60, Hero calls $0.55, BB raises to $2.60, UTG folds, BTN folds, Hero goes all-in $9.40, BB goes all-in $6.72

Flop: 10 5 9 ($20.12, 2 players, 2 all-in)

Turn: 6 ($20.12, 2 players, 2 all-in)

River: 9 ($20.12, 2 players, 2 all-in)

Final Pot: $20.12
Hero shows
A Q
BB shows
K K

BB wins $18.47 (net +$9.15)

Hero collects $0.68 (net -$9.32)
UTG lost $0.20
BTN lost $0.60

Posted in Analysis, Full Tilt, Hands, Party Poker, Poker, Poker Sites, PokerStars, RakeBack, Ultimate Bet | 1 Comment »

The Weekend So Far

Saturday, December 5th, 2009

Had a great session on Full Tilt first thing this morning – before I even started I (arrogantly) decided to set myself a stop-win of $20, after which I would switch to Pokerstars. The reason being I often rack up a quick victory on weekend mornings which then tend to fall back off as I continue playing. I haven’t figured out if it’s because I lose concentration or whether the bad players lose their money and move on or what. So, hence the stop-win (I’m not saying that’s how I intend to play generally – it’s just a good point to move onto the next site).

I ran the $20 up in 100 hands. Sooo, that was nice.

I then switched to PokerStars and it wasn’t so nice. It wasn’t awful either, but I couldn’t really get any traction. No monster hands, opponents were calling light which would have been good if I made any hands but all it did was ruin any fold equity. I ran up $6, then fell down to -$6, then finally stacked someone (my set vs their AK TPTK). So I ended up six dollars or so.

The real downer on PS though was that swinging between 60bb & -60bb etc I was just playing break-even and the feeling that I wasn’t getting any rakeback or clearing any bonuses made this feel really pointless

Anyway, weekend so far;

Sunday update: ok, feel sick and tilted now – started out on Full Tilt since it has less hands played than the other sites and needs to catch up. Again I quickly ran up $20 in about 80 hands, but then lost it all in 3 bad hands

Don’t call river overbets!
$0.05/$0.10 No Limit Holdem
6 Players

Stacks:
UTG ($7.89)
UTG+1 ($5.66)
CO ($7.02)
BTN ($13.13)
Hero ($16.20)
BB ($10.40)

Pre-Flop: ($0.15, 6 players) Hero is SB Q 10
1 fold, UTG+1 calls $0.10, CO raises to $0.20, 1 fold, Hero calls $0.15, BB calls $0.10, UTG+1 calls $0.10

Flop: 2 Q 4 ($0.80, 4 players)
Hero checks, BB checks, UTG+1 checks, CO bets $0.10, Hero raises to $0.40, BB folds, UTG+1 folds, CO calls $0.30

Turn: K ($1.60, 2 players)
Hero bets $0.90, CO calls $0.90

River: 7 ($3.40, 2 players)
Hero checks, CO goes all-in $5.52, Hero calls $5.52

Final Pot: $14.44
CO shows a flush, Ace high
2 A
Hero shows
Q 10

CO wins $13.48 (net +$6.46)

UTG+1 lost $0.20
Hero lost $7.02
BB lost $0.20

Slow play that should’ve worked
$0.05/$0.10 No Limit Holdem
5 Players

Stacks:
UTG ($11.33)
UTG+1 ($1.99)
Hero ($10)
BTN ($9.29)
BB ($5.12)

Pre-Flop: ($0.10, 5 players) Hero is CO K Q
1 fold, UTG+1 calls $0.10, Hero raises to $0.30, BTN raises to $0.50, 1 fold, UTG+1 folds, Hero calls $0.20

Flop: J 10 A ($1.20, 2 players)
Hero checks, BTN bets $1.10, Hero calls $1.10

Turn: 2 ($3.40, 2 players)
Hero checks, BTN bets $2.70, Hero calls $2.70

River: J ($8.80, 2 players)
Hero goes all-in $5.70, BTN goes all-in $4.99

Final Pot: $19.49
Hero shows
K Q
BTN shows a full house, Aces full of Jacks
A A

BTN wins $17.53 (net +$8.24)

Hero collects $0.71 (net -$9.29)
UTG+1 lost $0.10

Tilted and desperate
$0.05/$0.10 No Limit Holdem
6 Players

Stacks:
UTG ($10.72)
UTG+1 ($13.13)
Hero ($10)
BTN ($10.40)
SB ($12.79)
BB ($5.93)

Pre-Flop: ($0.15, 6 players) Hero is CO 10 10
1 fold, UTG+1 raises to $0.35, Hero raises to $1.20, 2 folds, BB calls $1.10, UTG+1 folds

Flop: 7 A A ($2.80, 2 players)
BB checks, Hero checks

Turn: 5 ($2.80, 2 players)
BB checks, Hero bets $1.10, BB calls $1.10

River: 7 ($5, 2 players)
BB goes all-in $3.63, Hero calls $3.63

Final Pot: $12.26
BB shows a full house, Aces full of Sevens
A J
Hero shows
10 10

BB wins $11.45 (net +$5.52)

UTG+1 lost $0.35
Hero lost $5.93

Out of those three hands, I perhaps could have avoided some loss in two of them but the straight vs full house was just unlucky. There both of were putting our stacks in whatever, but unfortunately he hit his 1 in 5 chance…

Posted in Full Tilt, Good Days, NL10, Poker, PokerStars, RakeBack | 3 Comments »

The Insanity that is Ultimate Bet

Wednesday, December 2nd, 2009

Wow, I’d forgotten just how stupid Ultimate Bet is.

I took out $150 and spread it across Ultimate Bet, Party Poker and Pokerstars. I’m not that used to the interfaces on UB or Party so figured I’d not multisite them simultaneously, and just play UB today. I was quite pleased to find a reload bonus on Ultimate Bet, so that’ll boost the earnings there a bit.

You know when you read the beginner’s forums on 2p2 etc, and there’s usually someone whinging about how it’s impossible to microstakes because everyone calls no matter how much you raise preflop, and they always try to see every street and their 84o always manages to make a straight crushing your aces?

Well that’s the embodiment of NL10 Ultimate Bet. Unfortunately it took me a little while to adjust;

I’d raise on the button with my usual ATC and if the blinds didn’t call then the limper(s) in the pot certainly would (usually all of them would). Even if I’d managed to isolate one of them, a cbet on a decent flop would also get called. I realised I was spewing money with what would normally be reasonable play.

So I tightened up my range, mainly in late position (which is normally fairly wide, but there’s not much point messing around when the play’s so loose – blinds, UTG and MP position stayed roughly the same). With pocket pairs I tried to see flops a bit cheaper than the usual 3bb. The plan is to just value bet – fit or fold good starting hands and then make them pay when they hit.

I made a few hands and recovered most of my losses, then hit a dry spell (plus a few decent players appeared). You can see from the graph exactly what happened when! The dry spell is annoying – playing this kind of style you have a hugely negative redline, and it’s a steady drain of money.

So, results not so hot so far – this is becoming a test to see which site loses me the least rather than wins me the most. Early days though.

Updated (party poker to the rescue!):

FT (136 hands):     $1.33 + $0.60(rakeback)
PS (153 hands):    -$12.35
UB (330 hands): -$8.77 + $1.42(rakeback)
PP (304 hands):     $15.05

total: -$6.72

Posted in Bad Days, Full Tilt, NL10, Party Poker, Poker, Poker Sites, PokerStars, RakeBack, Ultimate Bet | Comments Off

Weekend’s Over

Monday, November 30th, 2009

Failed to cash in any of the weekend MTTs. Shouldn’t be too surprised as the fields for both were massive!

The 5k freeroll I went out about 9000th – playing a few hands which all missed on flop + failed to get a cbet fold tends to cripple your stack, followed by the inevitable shove as the blinds begin to bite. I saw S1ndr0me hold on a bit longer as he doubled up at some point, but later even he succumbed to a AJ vs A9 seeing a 9 on the flop. Bit of a waste of time really anyway – you have to beat thousands of others just to cash $10? What’s the point…

The Turbo Takedown is similar, but at least the cash is better. I had poor hands throughout, although at least this time I did build my stack a bit. However again the blinds were ferocious and eventually I failed to stay in. I was tantalizingly close to the money – from a field of twenty-two thousand people (!!!), only 6900 were left and 5oooth place paid $78. But beating 15,000 other idiots wasn’t enough and I was left empty handed. Yegor railed me throughout (nothing better to do, really?) and said that I needed to have built a stronger stack and taken more risks. He’s right, but I was feeling a bit risk averse unfortunately.

So, no new update to November’s results. Might play tonight, but whatever.

Plans for December? I’ve decided that all my plotting and calculations on what’s the best rakeback etc is all a bit pointless when done in a vacuum. What I really need to do is actually put my money where my mouth is and test it out.

So I’m going to split my bankroll equally between Pokerstars, Full Tilt and Ultimate Bet. I’ll switch my sessions equally between the three and see how it goes (I’ll try to match it so that by the end of the month I’ll have roughly the same number of hands at each site). At the end of the month(s) I’ll also factor in rakeback and bonuses into my winnings and see which site comes out on top. I probably should add in Titan, but I don’t want to spread the BR that thin on any one site.

This hopefully will factor in things such as the ‘softness’ of the sites, table selection etc, and see if it’s true that if the players on Ultimate Bet are that much worse than Full Tilt, then it should show a better winrate from that site.

Posted in Analysis, Bankroll Management, Bonuses, Freerolls, Full Tilt, MTT, Poker, Poker Sites, PokerStars, RakeBack, Titan, Ultimate Bet | Comments Off

November Results

Saturday, November 28th, 2009

A day or two early, but I’ll update tomorrow night if I get a result. I wanted to post today partly because it’s been a great month and I just wanted to brag, but I’ve also hit the milestone of 100k hands. To have played 100k hands is pretty awesome, but the results aren’t so hot so I’ll talk about November’s results first

Results from cash games has been ok, mainly because I’ve moved back to NL10;

Those nasty sharp swings in the middle was my experiment at shortstacking NL50 to see how quickly I could clear a bonus. I was lucky to get away with only a mild loss of $14 and it was clearly not a good idea to push a bonus outside your bankroll. The 2nd half of that chart is NL10, and the monetary boost is clear to see. Still very swingy though – I half wish I had a more consistent style, but on the other hand rollercoasters are a lot more fun.

The big result was the $2 180man tourney win which boosted the bankroll by $70, giving a total of $100 wins in tournament results.

Bonuses came to $20 (Full Tilt holiday bonus – hopefully I’ll clear at least another $20 before it expires), and about $18 in rakeback. So final total of $180 for November – a huge boost to the bankroll and long overdue. Tomorrow I’ve those MTTs as well, and just getting to the cash in the Turbo Takedown will be about $70, so as long as I can get a result I’ll be happy. I’m not holding my breath though, my tournament success is random at best.

So, on to the big lifetime result;

Quite disapointing to have been playing poker for so long and not really getting the hang of nanostakes. I think I’m back on track again, and my NL10 progress should be similar to that early rise (perhaps not so steep – it was a heater on the whole). I’m confident that from now on it’s just a matter of time & grinding to get to NL25 & NL50.

Also the chart doesn’t really reflect my true bankroll – it doesn’t include tournament results, bonuses or rakeback – plus it only goes back to July 2008, and I’ve played longer than that. In reality I’ve probably redeposited about 4 times ($250 or so), then that heater after which I cashed out $170, and then from $30 (donated by S1ndr0me and Yegor!) rebuilt my account to $330. I suspect that means I’m actually in the black when it comes to true lifetime poker results, but I’ve no proof…

Posted in Bankroll Management, Bonuses, Full Tilt, Good Days, Hands, MTT, NL10, NL50, Poker, RakeBack, Short Stack Strategy | 4 Comments »

Clearing Bonuses at NL2, NL5, NL10 etc

Tuesday, November 17th, 2009

Full Tilt have just given a $100 promotion as many of you probably know. However even though I’ve moved back to NL10 it’s going to be heavy going to get all that monies.

The problem is that these microstakes just don’t generate enough frequent player points to clear the bonus effectively. For instance Last night I had an hour long session at NL10 on 3 tables – this cleared about $2 of the bonus. I’ve a month to clear $100 – not going to happen! Fortunately it comes in $10 payments so I should clear some of it (maybe half?), but it’s frustrating to see that free money just out of reach.

This is where a happy coincidence of my rakeback research and some correspondence with S1ndr0me this morning comes together for a possible solution;

Clearing the bonus is linked to frequent player points (or Full Tilt Points), which are 1 point for every $1 paid in rake. Full Tilt uses the dealt method for rake (see my last post), so you don’t actually have to put any money in the pot to be attributed with that rake, you just have to have the cards dealt to you.

So, if you sat at a higher stakes full ring table and played super tight (QQ+), you’d be clearing that bonus far faster than if you played your normal 6max manic shove fest at NL5. To make it cost effective though, you have to avoid losing too many blinds, otherwise your losses will be more than the bonus you’re trying to clear.

So what would it take to be worthwhile. It has to be a ‘dealt method’ rake site obviously. You obviously have to be absolutely self-controlled. Playing hands out of your bankroll is going to be suicidal – the aim of this exercise is to be dealt lots of hand and lose nothing, not to win $$$. The loss will come from two things – losing your blinds, and losing the hands you do play. The latter is usual shortstack strategy – you’ll only be playing premiums like QQ+, which will at least win you the blinds. The former is not so easy since as a short stack you’ll have almost no fold equity and so stealing from late position isn’t going to be so easy. That means it’s possible to have a stack that’s *too* small. Playing above your bankroll the big drain will be the blinds, so it’s a fine balance between a safe stack size and the gain from the rake. The usual 20bb may be enough, but it’ll be the absolute minimum. However increasing it to improve your fold equity also increases your losses when those premo hands get sucked out on.

To sum up the strategy, table select the tables with the highest average pot. It has to be full ring obviously (Edit: not so obvious actually – the dealt rake is split between the players, so a FR player has 1/9 of the rake in a pot, while a 6max player has 1/6 – the balance comes down to loss due to blinds versus gain from less players. I’ll have to think about this). I’m undecided as to whether it should be 20bb or 50bb buy-ins – I’ll need to experiment as to whether 20bb has any stealing potential or not (possibly there’s a reason to pick the nittiest tables too, but not sure yet). SSS strategy has to be followed religiously, although I’d drop all unpaired hands other than AK, and PP under TT – having said that some risks would have to be taken to steal blinds from the button (actually CO maybe more effective since everyone knows the BTN is on a steal). Equally leaving the table on doubling up is also mandatory.

All that’s left is to try it out. If it works on this Full Tilt holiday bonus then it may be worthwhile signing up at the other ‘dealt method’ sites (Cake does it I believe), and do a bit of early bonus whoring. While being at microstakes the boost this would give my BR would be far more meaningful than when I’m doing ‘standard’ bonus whoring at NL100+.

However, I did mentioned this to S1ndr0me, and he’s tried the short stack strategy on and off and doesn’t think it’s a good idea. I can see where he’s coming from since SSS is fairly high variance really. I’ll proceed with caution I guess…

Edit: for those landing here from Google, my results from trying it out are here.

Posted in Bankroll Management, Bonuses, Full Tilt, NL10, NL2, NL4, NL5, Poker, RakeBack, Short Stack Strategy | 5 Comments »

What Site to Play NL10?

Monday, November 16th, 2009

Hold the presses: The wise people on the MSN microstakes chat group have pointed out that I need to consider the way MGR is calculated. Some more head scratching required before the following is right or wrong. Update: Had a think – my thoughts at the bottom of this post…

Ok, now I’m rolled again for NL10 I need to choose where to play (I say rolled again loosely – even though I’ve played half my lifetime hands at NL10, I was never actually rolled for it!).

I currently have accounts for Full Tilt, Pokerstars, Titan and Ultimate Bet (and PKR but it crashes on my laptop so I don’t care about them).

NL10 rake for each site;

Full Tilt: $0.01 per $0.15 in pot ($2 max)

Pokerstars: $0.05 per $1 in pot ($3 max)

Ultimate Bet: $0.01 per $0.20 in pot ($3 max)

Titan: $0.01 per $0.15 in pot (£2 max)

I have 27% rakeback for Full Tilt and 35% for Ultimate Bet (5% higher than usual offers since I’m an affiliate!)

I decided to break it down to see the rake in a small pot (ie raise 3bb, get a call, cbet & they fold) = $0.75, and medium pot of £3, big pot of $10 and stacks of $20;

Results are (last time I did this I messed up and Yegor corrected me – he’s away at the moment so my ignorance may go unnoticed this time);
small pot
$0.75
UB: 0.03- 35% = 0.0195 (rakeback 0.0105)
FT: 0.05 – 27% = 0.0365 (rakeback 0.0135)
PS: 0
TI: 0.05

med pot:
$3
UB: 0.15 – 35% =    0.0975 (rakeback 0.0525)
FT: 0.20 – 27% =    0.146 (rakeback 0.054)
PS:                 0.15
TI:                0.20

big pot:
$10
UB: 0.50 – 35% =    0.325 (rakeback 0.175)
FT: 0.66 – 27% =    0.48 (rakeback 0.1782)
PS:                               0.50
TI:                0.66

stacks
$20
UB: 1.00 – 35% =    0.65 (rakeback 0.35)
FT: 1.33 – 27% =    0.73 (rakeback 0.3591)
PS:                  1.00
TI:               1.33

So, apart from the smallest pots, it looks like Ultimate Bet is the winner. Pokerstars has no rake for those small pots though – does that outweigh the savings in the big pots? Most pots are small, so it might?

The other consideration is that you get rakeback regardless of whether you win the pot or not. That seems to argue for *more* rake as long as the rakeback % is high enough. Which sounds kinda stupid, but actually gives you a solid variance free return on your play. Full Tilt has a marginal edge on Ultimate Bet here, but it’s very close.

Finally, nothing to do with rake, the traffic is lower at UB, and I’m not keen on their interface. However 2p2 has a real chip on it’s shoulder about the site which probably reduces the number of 2p2 regs (even at nanostakes!).

Decisions, decisions… It’s really looking like Ultimate Bet. Oh well, I was really hoping it’d be Full Tilt, but whatever.

Update: Ok, the problem is that there’s two ways that sites calculate the MGR (monthly gross rake). There’s the dealt method, where every player at the table is attributed as a share of each pot, and then there’s the contributed method where only the players involved in the pot are.

So for instance, for Full Tilt does the dealt method – it’s a 6max game and the pot is $10. Every player is attibuted $0.11 (rake was $0.66), and those with rakeback get $0.0297 back.

Ultimate Bet uses the contributed method. If you were involved in that pot & there was just one villain, you’d be attributed with $0.25 (rake was $0.50), and the rakeback (at my enhanced rate) would be $0.0875. However if I wasn’t in that pot, I wouldn’t be attributed anything.

So, there’s a bunch more factors to consider for the contributed method (dealt method is easy). Well, two more factors really – how many players typically in a pot and how many pots do you contribute to (ie your VP$IP %).

My head’s starting to spin now – as if rake paid vs rakeback wasn’t enough…

ok, some assumptions. I play 270 hands per hour (apparently). Average pot size is $1.30. My VP$IP is 20%. There’s an average of 30% players to a flop on 6 max (so 1.8 players).

Full Tilt: 270 * $1.30 / 0.15 * 0.01 / 6 = $3.90, 27% rake = $1.053 rakeback

Ultimate Bet: 270 * 0.2 * $1.30 / 0.20 * 0.01 = $3.51, 35% rake = $1.228 rakeback

So that’s how much rakeback I make – UB in the lead there.

Actually if I plug in the standard 30% rakeback for Ultimate Bet it comes out as;

Ultimate Bet: 270 * 0.2 * $1.30 / 0.20 * 0.01 = $3.51, 30% rake = $1.053 rakeback – exactly the same as Full Tilt!!!

Do I have to compare it to rake lost? Only the winner of a pot loses out due to rake so it has nothing to do with whether it’s contributed or dealt. All that matters is the actual amount. And again, Ultimate Bet wins there.

Have I messed up with these calculations? No idea – I think what I need to do is play on both UB and Full Tilt for a while and just compare rakeback.

On top of that Full Tilt just offered me a $100 bonus. So I guess I’m on Full Tilt for this month anyway…

Posted in Full Tilt, NL10, PokerStars, RakeBack, Titan, Ultimate Bet | Comments Off

Re: StoxEV by Simon Debanks	09:25, May 07 2010
Re: StoxEV by Meteoric	20:05, Apr 29 2010
Re: StoxEV by yegor_kgb	08:30, Apr 28 2010
StoxEV by Simon Debanks	21:53, Apr 27 2010
How hard can it be! by Meteoric	20:27, Mar 15 2010
Re: Forum Upgrade by Meteoric	14:26, Mar 11 2010

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