| Posted by: Valhalla1 at June 29, 2005, 1:08 pm | | Topic: Question about playing in pounds Forum: Bonus Whores | Patch wrote: Remember, the Cryptos are one of the places where there is no limit to the number of raises if there are only two players when the betting round starts. Inordinately large pots happen there more often than at most other places.
Yeah like that pot I saw where Beldar the bot was re-re-re-raising etc until they were both all in. the bots A-hi flush lost to a straight flush. time to reprogram | | Static Link |
| Posted by: Patch at June 29, 2005, 12:58 pm | | Topic: Question about playing in pounds Forum: Bonus Whores | Naiss wrote: The numbers are dumb, you're not going to get a £60 pot at £1/2 and it's already been said a million times you only pay more rake after you've maxed out at $3 but still continue to pay rake up to £3 at the £ tables. At low limits you never pay the maximum $3.
So that £90 pot I won at £1/£2 didn't really happen?
Remember, the Cryptos are one of the places where there is no limit to the number of raises if there are only two players when the betting round starts. Inordinately large pots happen there more often than at most other places. | | Static Link |
| Posted by: Bankroll at June 29, 2005, 12:33 pm | | Topic: Question about playing in pounds Forum: Bonus Whores | Naiss wrote: The numbers are dumb, you're not going to get a £60 pot at £1/2 and it's already been said a million times you only pay more rake after you've maxed out at $3 but still continue to pay rake up to £3 at the £ tables. At low limits you never pay the maximum $3.
At the current exchange rate which is roughly $1.80 = £1, you'd only need a £1.75 rake in order to see the effect I'm talking about, so just a £35 pot would yield a rake of £1.75 = $3.15 > $3.
18 big bet pots while perhaps infrequent do happen. The example given above was an extreme one intended to show the argument. | | Static Link |
| Posted by: Naiss at June 29, 2005, 8:36 am | | Topic: Question about playing in pounds Forum: Bonus Whores | Bankroll wrote: Valhalla1 wrote: you only pay more rake because the chips are worth more. the max is 3 small bets no matter what table you are sitting at
by your argument one should never move past 1/2 because you will be paying more rake. well yes, but you will be winning more money too. so what if they rake 3 GBP at the 1/2 game, when you win a 20-bet pot its worth a shit load more than a 20-bet pot at 1/2 also
Simple example. Assume for sake of argument that £1 = $2 (I know this isn't the case, but the argument is the same)
30 big bet pot at £1 £2 = 60 £ = $120 US (RAKE TAKEN = £3 = $6 US)
30 big bet pot at $2 $4 = $120 US (RAKE TAKEN = $3 Half of the same $120 pot in the £ example)
The numbers are dumb, you're not going to get a £60 pot at £1/2 and it's already been said a million times you only pay more rake after you've maxed out at $3 but still continue to pay rake up to £3 at the £ tables. At l... | | Read Entire Entry |
| Posted by: Naiss at June 29, 2005, 8:26 am | | Topic: Question about playing in pounds Forum: Bonus Whores | homesar wrote: Quote: by your argument one should never move past 1/2 because you will be paying more rake. well yes, but you will be winning more money too. so what if they rake 3 GBP at the 1/2 game, when you win a 20-bet pot its worth a shit load more than a 20-bet pot at 1/2 also
I think what he means is that if you play for example 1/2£ you will pay more rake than in a 2/4$ where the chips are worth almost the same.
Well then 'he' is wrong, you don't pay anymore rake on £1/2 than on $2/4. | | Static Link |
| Posted by: Bankroll at June 29, 2005, 7:57 am | | Topic: Question about playing in pounds Forum: Bonus Whores | Valhalla1 wrote: you only pay more rake because the chips are worth more. the max is 3 small bets no matter what table you are sitting at
by your argument one should never move past 1/2 because you will be paying more rake. well yes, but you will be winning more money too. so what if they rake 3 GBP at the 1/2 game, when you win a 20-bet pot its worth a shit load more than a 20-bet pot at 1/2 also
Simple example. Assume for sake of argument that £1 = $2 (I know this isn't the case, but the argument is the same)
30 big bet pot at £1 £2 = 60 £ = $120 US (RAKE TAKEN = £3 = $6 US)
30 big bet pot at $2 $4 = $120 US (RAKE TAKEN = $3 Half of the same $120 pot in the £ example)
If you still fail to see why playing the £ games makes the poker site more money then I'm not sure you'll ever be convinced.
There is a reason that they've made the Tuesday Thursday UK and TB promos only available at the £ tables. They are fundin... | | Read Entire Entry |
| Posted by: homesar at June 28, 2005, 1:14 pm | | Topic: Question about playing in pounds Forum: Bonus Whores | Quote: by your argument one should never move past 1/2 because you will be paying more rake. well yes, but you will be winning more money too. so what if they rake 3 GBP at the 1/2 game, when you win a 20-bet pot its worth a shit load more than a 20-bet pot at 1/2 also
I think what he means is that if you play for example 1/2£ you will pay more rake than in a 2/4$ where the chips are worth almost the same. | | Static Link |
| Posted by: Valhalla1 at June 28, 2005, 10:21 am | | Topic: Question about playing in pounds Forum: Bonus Whores | you only pay more rake because the chips are worth more. the max is 3 small bets no matter what table you are sitting at
by your argument one should never move past 1/2 because you will be paying more rake. well yes, but you will be winning more money too. so what if they rake 3 GBP at the 1/2 game, when you win a 20-bet pot its worth a shit load more than a 20-bet pot at 1/2 also | | Static Link |
| Posted by: Bankroll at June 28, 2005, 1:01 am | | Topic: Question about playing in pounds Forum: Bonus Whores | Patch wrote: Yes, you are quite correct to doubt it. It's clearly in your best interest to continue to avoid these games. In fact, all of you here should avoid these games like the plague. They're a complete rip-off. Trust me.
LOL... Something tells me this is sarcasm on your part and not how you truly feel (to keep the whores out of what you consider your lucrative games).
The $1 $2 and $2 $4 games are plenty fishy enough for me, so have at it. Perhaps the extra rake paid by you guys will help keep the rest of us in bonuses at the gravy train known as Crypto. | | Static Link |
| Posted by: Patch at June 27, 2005, 11:58 pm | | Topic: Question about playing in pounds Forum: Bonus Whores | Bankroll wrote: Many people here say the action at the pound games counteracts this increase in rake, but I doubt it and so I avoid these games.
Yes, you are quite correct to doubt it. It's clearly in your best interest to continue to avoid these games. In fact, all of you here should avoid these games like the plague. They're a complete rip-off. Trust me. | | Static Link |
| Posted by: Bankroll at June 27, 2005, 10:44 pm | | Topic: Question about playing in pounds Forum: Bonus Whores | ratpfink wrote: The rake, as a measure of betting units, is the same for every currency.
So what? The fact remains that they rake a larger maximum amount of £3 as opposed to $3
I'm sure someone with PokerTracker could do some analysis to determine how much more you're paying because of it, but as I avoid the £ tables I can't do it.
The effect may be negligible at the smaller limits due to the maximum rake not being reached as often, but at higher limits the effect would be considerable. | | Static Link |
| Posted by: ratpfink at June 27, 2005, 7:34 pm | | Topic: Question about playing in pounds Forum: Bonus Whores | Homepro wrote: How does the currency exchange work with Poker Tracker?
It's pretty straightforward. You enter the exchange rate for a specific date or a range of dates(I usually do a month at a time as there is some fluctuation, but not very much) and poker tracker will automagically convert to $ when it comes to your statistics. It won't be exact unless you are very diligent about updating the exchange rate for every session, but it's close enough for me. I get the current exchange rates from www.xe.com. | | Static Link |
| Posted by: ratpfink at June 27, 2005, 6:26 pm | | Topic: Question about playing in pounds Forum: Bonus Whores | Bankroll wrote: Mouse wrote: Huh. So maybe this is a silly question but why do they bother to have dollar and pounds tables? Why not just dollars (or pounds)? It sounds like there's really no difference if you understand what the bet sizes are in your native currency.
If I ran a poker site I'd have as many pound games as people were willing to populate since they have a max rake of 3 pounds and so they make more money from these games since large pots will be raked over $5.
Many people here say the action at the pound games counteracts this increase in rake, but I doubt it and so I avoid these games.
The rake, as a measure of betting units, is the same for every currency. | | Static Link |
| Posted by: Valhalla1 at June 27, 2005, 4:19 pm | | Topic: Question about playing in pounds Forum: Bonus Whores | | when I choose to play pounds, its because it still psychologically feels like 1/2 to me, though the stakes are closer to 2/4. If I sit in a 2/4 game, I feel like my game is off because I rarely play that level, even though its all in my head and its just a matter of bets, not denominations | | Static Link |
| Posted by: Bankroll at June 27, 2005, 4:13 pm | | Topic: Question about playing in pounds Forum: Bonus Whores | Valhalla1 wrote: Bankroll wrote: Many people here say the action at the pound games counteracts this increase in rake, but I doubt it and so I avoid these games.
dont think of them taking dollar amounts for rake, think of them taking bets. 3 small bets max. its not the loose play that offsets the rake, its the chips themselves being worth more. you win more, you also pay more in rake.
I'm talking about the people who would choose to play £1 £2 before playing $2 $4, because of the perceived extra looseness in the £ games. | | Static Link |
| Posted by: Valhalla1 at June 27, 2005, 2:18 pm | | Topic: Question about playing in pounds Forum: Bonus Whores | Bankroll wrote: Many people here say the action at the pound games counteracts this increase in rake, but I doubt it and so I avoid these games.
dont think of them taking dollar amounts for rake, think of them taking bets. 3 small bets max. its not the loose play that offsets the rake, its the chips themselves being worth more. you win more, you also pay more in rake. | | Static Link |
| Posted by: Naiss at June 27, 2005, 1:34 pm | | Topic: Question about playing in pounds Forum: Bonus Whores | Bankroll wrote: Mouse wrote: Huh. So maybe this is a silly question but why do they bother to have dollar and pounds tables? Why not just dollars (or pounds)? It sounds like there's really no difference if you understand what the bet sizes are in your native currency.
If I ran a poker site I'd have as many pound games as people were willing to populate since they have a max rake of 3 pounds and so they make more money from these games since large pots will be raked over $5.
Many people here say the action at the pound games counteracts this increase in rake, but I doubt it and so I avoid these games.
The rake means little in the sort of games were the rake would consistently max out at £3. | | Static Link |
| Posted by: Bankroll at June 25, 2005, 4:08 am | | Topic: Question about playing in pounds Forum: Bonus Whores | Mouse wrote: Huh. So maybe this is a silly question but why do they bother to have dollar and pounds tables? Why not just dollars (or pounds)? It sounds like there's really no difference if you understand what the bet sizes are in your native currency.
If I ran a poker site I'd have as many pound games as people were willing to populate since they have a max rake of 3 pounds and so they make more money from these games since large pots will be raked over $5.
Many people here say the action at the pound games counteracts this increase in rake, but I doubt it and so I avoid these games. | | Static Link |
| Posted by: TheFreeze at June 25, 2005, 3:34 am | | Topic: Question about playing in pounds Forum: Bonus Whores | Mouse wrote: Huh. So maybe this is a silly question but why do they bother to have dollar and pounds tables? Why not just dollars (or pounds)? It sounds like there's really no difference if you understand what the bet sizes are in your native currency.
My preferred limit is 1.82/3.64 so the £ tables are perfect for me . | | Static Link |
| Posted by: Valhalla1 at June 25, 2005, 12:43 am | | Topic: Question about playing in pounds Forum: Bonus Whores | | I dont know.. they also have Euro tables as well. the various crypto sites can have real money players with accounts in EUR, USD or GBP, so they accomodate all players with tables in their native currency. | | Static Link |
| Posted by: Mouse at June 25, 2005, 12:02 am | | Topic: Question about playing in pounds Forum: Bonus Whores | | Huh. So maybe this is a silly question but why do they bother to have dollar and pounds tables? Why not just dollars (or pounds)? It sounds like there's really no difference if you understand what the bet sizes are in your native currency. | | Static Link |
| Posted by: Valhalla1 at June 24, 2005, 11:52 pm | | Topic: Question about playing in pounds Forum: Bonus Whores | | your dollars will be converted to pounds when you sit down, and converted back to dollars when you stand up, bon't you wont lose money on the conversion every time you go to a pound table | | Static Link |
| Posted by: Mouse at June 24, 2005, 10:25 pm | | Topic: Question about playing in pounds Forum: Bonus Whores | I've deposited US dollars at Interpoker. What happens if I play at a pounds table? Does the money get converted back and forth? If so, do you lose money on each conversion?
I guess I'm asking if I can play on pounds tables, and if I do will I lose money. | | Static Link |
|