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Thread: Is it just me who thinks rake on sng's is way to much

  1. #1
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    Default Is it just me who thinks rake on sng's is way to much

    if u were asked to justify paying same rake for a single table as you do for HUGE tournies what could you reply to support this?

    only ask as i generally only play singles but have lost my desire hugely through lack of profit but when i have to pull 10 percent to brake even and at a GREAT rate i only profit the same as the site make it doesnt feel right. Obviously u pay for service but mentally it feels harsh if i returned 15 percent on prizepools thats a great return, if the rake was only 5 percent that would be fine but 10 thats damn hard to ever make a profit as for a good profit over a long period its tough.


    is it just me who thinks it's unjust and wrong?

    Rgds

    Sos

  2. #2
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    Default rake is robbery in the 1st degree

    i don't think i know! at merge alone i have played over 5000 sitngos. disgusting it is.

  3. #3
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    rake fee is a joke

    FTP $1.20 for a SNG ?
    no discount for HU or 6 handed compared to full table

    its wont change for the good of the players, rake is just like taxes
    they never go down


  4. #4
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    Default

    Quote Originally Posted by Assistanc3 View Post
    rake fee is a joke

    FTP $1.20 for a SNG ?
    no discount for HU or 6 handed compared to full table

    its wont change for the good of the players, rake is just like taxes
    they never go down
    Actually HEadsUP is only 10% (instead of 20%)... it's $1 + .10 (instead of .20 as it is for 9plyr. SNG). Also, the 45-plyr. SNG is also only .10 (10%).
    Anyone who 'chooses' to play the $1 9-plyr. SNG should certainly consider moving up to the $2 games (where they'll be paying 12.5% tourney fee instead of 20%).

    Personally I think that one of the sites should lower their tourney fees in micro sng to 5%. (ie. $5 + 0.25.... instead of $5+ 0.50). I think that the increase in volume they'd get on their site would be far more than double.
    The thing is... most charge 10%. It's basically the going rate & with 'millions' of players willing to pay this, I doubt it'd change anytime soon. (or ever).

    If you take into account 'rakeback', (say 27%, also fairly standard) then you're really looking at paying only 7.3% (instead of 10%) which isn't tooo too bad.

    Live tourneys I play in, the fee is always more than what I pay online AND there's always extra that is taken out of the prizepools (whether it be for 'charitable donations', 'tips', etc. so in fact you're actually paying even more).

    I'm pretty sure I'll continue to play with fees being 10%. It's not the easiest for an avg. player to maintain an ROI of 0% even.. BUT if they were to put in some time studying the game, they should be able to come out ahead & be able to stay ahead of the tourney fees with a + ROI.

    I think where they could also consider making changes (more so than the 10% fee for SNG & MTT) is in micro cash tables. I was looking over some HandHistories the other day & was actually shocked at how high the rake was from some of the hands! 5nl, two players allin for a $10 pot and the rake was HUGE! I've heard that it is the hardest to stay ahead of the rake in the lowest limit cash tables than anything else (have also noticed that it's very RARE to see a player sitting on 2nl or 5nl tables who is actually up in $'s.... the better ones seem to play at break-even (only profitting due to rakeback) and just a few who are in the black (+$'s). I could check out 10tables of 2 or 5nl and would likely only find 3 or 4 players who are winning $'s in the longrun. Still a great venue to learn on though, & I guess one has to 'pay their dues' to learn this game.
    Brad Booth - > "Like a fight... it's not how you start, it's how you finish"

  5. #5
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    Default

    hey at least at least u get some of the Rake Back

    Oh PO mentioned about rb in his post (which is always tl;dr )


    ok, read his god dam long post haha. u're right po, rake is very high but it's easier to survive here because u base your profit on fat value. If it would be only u and some regs who would get it in AA vs KK and vice versa then of course you would be losing but than God there's still some fish who also likes AQs and pocket T's
    Last edited by kingmotan; 10-27-2010 at 09:25 PM.
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  6. #6
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    Default

    ya I couldnt read it all actually Just poped on FT and looked at some SNG's

    yeop I was right
    $1 +.20
    $2 +.25


    private MTT games are even worse
    $1 + .50-$1
    $2 + .50


    PO do you play on FTP? cause I don't and I knew this
    need screen shots?


  7. #7
    Poker Orifice's Avatar
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    Default

    Quote Originally Posted by Assistanc3 View Post
    ya I couldnt read it all actually Just poped on FT and looked at some SNG's

    yeop I was right
    $1 +.20
    $2 +.25


    private MTT games are even worse
    $1 + .50-$1
    $2 + .50


    PO do you play on FTP? cause I don't and I knew this
    need screen shots?
    Yes I do (~3,000 games although none but a small handful of HU are on the $1's) & if you read thru my post you'd see it spefically states which games at the $1 buyin only have .10 fee (headsup & 45-plyr. SNG).
    Private games at $5 buyin or higher, have 10% fee just like the regular games. For deepstack tourneys it's $1 for a $5 tourney (the others are 50c).
    Brad Booth - > "Like a fight... it's not how you start, it's how you finish"

  8. #8
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    Default

    be interesting to see of all players that have played over 2000 single table sng's what percentage have profited more than the rake. 10 percent is not alot but when its 10 percent taken from stake minused from PROFIT it is way to much.

    if u look at it from a different side ie - if you had to spend £1000 a month subscription for unlimited use on a poker site u would feel u were been conned but i have spent this amount many a time in the past playing singles with a 1 / 2 dollar rake. In my opinion it discourages players from playing singles even though surely this would be where a site would want there players.


    i would like sites to offer monthly subscriptions like play up to 1 dollar rake for 300 dollar a monthe etc etc so they guarantee money in there pocket if i played 600+ games i guarantee profit as opposed to they profit for a short period and i break even and stop playing as a result.

    Its way over the top to take MAJORITY of profit on rake leaving very few profitable players on the whole.

    Rgs a bitter sos

  9. #9
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    Default

    Quote Originally Posted by Poker Orifice View Post
    Actually HEadsUP is only 10% (instead of 20%)... it's $1 + .10
    I've just recently started playing the $5-$10 deepstack HU at FT where the rake is only 5%

    Its always better to celebrate the good days than brood over the bad days

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  10. #10
    Poker Orifice's Avatar
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    Quote Originally Posted by sos_egg_n View Post
    be.

    Its way over the top to take MAJORITY of profit on rake leaving very few profitable players on the whole.
    As you move up in buyins, (in MTT play) there are actually a higher pecentage of winning players (ie. if you were to run stats. in an MTT of the final 50 players left in tourney.. of a field size of ~400, the majority of them will be winning players.. I'd estimate 85%)
    Brad Booth - > "Like a fight... it's not how you start, it's how you finish"

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