Also if your only winning 5 blinds per 100 hands, the rake will destroy you, you will bleed money. You need to be winning like 30+ to beat the rake. It involves exploiting heavily certain players. That's how I turn a profit anyways.I think the rake on the tables is the smallest problem. The big problem with online poker cash games is variance. In online poker, winning 5 blinds on 100 hands is very good value. But the variance in poker has brutal effects when you have a low win rate. The variance in poker is said to be 100 blinds per 100 hands. If your win rate is 5 blinds on 100 hands, which as I said is a very good value, then you can be 95 blinds in the minus on 100 hands! You have to play a lot of hands to even out the variance. For someone who only plays 2 tables for 2 hours a day, it is impossible to beat the variance.
Lol so we can get restricted from playing if we play many hands? Were you winning too much or losing too much?Yea but it's hard, I win but I pay more in rake then I do win. I played all year on Pokerstars Omaha and only made 380$ playing 1/2cent and some 2/5cent.
Not literally all year, but I played probably 100k hands. If I had my rake, I would of made like 3grand. I paid 500$ of rake to Pokerstars in 1 month going for a challenge.
By the way, Pokerstars decided to go max greasy and flag my account for being a "gambling addict", right before I completed this challenge...
They also sent me an SJW email about how the objective of Poker is not to win, but to have fun, I asked them, "how much dope have you guys smoked today to make you write such nonsense".
No longer allowed to play at Pokerstars, doing 888 now, paying more rake but playing worse people, so balances out (so far).
Winning to much for me, I haven't lost money on a deposit in a very long time. Over a year.Lol so we can get restricted from playing if we play many hands? Were you winning too much or losing too much?
Exactly my point. I loose a little but I loose less than I pay in rakeAlso if your only winning 5 blinds per 100 hands, the rake will destroy you, you will bleed money. You need to be winning like 30+ to beat the rake. It involves exploiting heavily certain players. That's how I turn a profit anyways.
Yes, the average rake percentage drops at higher levels.5% Rake is a big hurdle. I suppose that's why it's necessary to move up the stakes when your skill and bankroll permits.
I do win, but rake paid is more than winnings.
Happy new year, I started the year with a small win at 1/2c tables at 888.
I'm wondering how many players who can beat the 5% rake? I find it difficult?
Yea but it's hard, I win but I pay more in rake then I do win.
888 now, paying more rake but playing worse people, so balances out (so far).
Happy new year, I started the year with a small win at 1/2c tables at 888.
I'm wondering how many players who can beat the 5% rake? I find it difficult?
5% Rake is a big hurdle. I suppose that's why it's necessary to move up the stakes when your skill and bankroll permits.
I do win, but rake paid is more than winnings.
Not really as the players are dreadful.After making little progress at the 888 micros I had a look at their rake structure. At NL2 they charge 6.25%, capped at 50c, which means it's virtually uncapped. Higher limits don't look better either. That's going to be tough to beat...
True, PS is.like 5% and gives you some rakeback so it is at least a little betterright... that rake is still atrocious though.