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I'm an experienced *limit* Holdem player, though It's been a while since I've played seriously, I've spent a reasonable amount of time in a casino, and a lot of time playing 4-6 tables simultaneously online in the past.
A typical rake on a $2-$4 limit game will be 10%, usually with a $3 limit on the rake. This is enough to make the game barely profitable for an excellent player. If you care about profit for long term playing, finding a table with a lower rake is key. IIRC it was 10% to $4 at Foxwoods when I used to go, which, at 30 hands per hour is going to be a bit less than $120/hour. That seems high, and it makes the game almost unprofitable. The higher limits aren't as bad, though.
If you're in Vegas, check out Excalibur. They have a mixed limit $1-3 and $2-6 game where the pots will tend to be bigger, so the rake will take a somewhat smaller chunk out of what you pay to play, and it makes the game more interesting.
The other alternative for a lowish rake is the $3-6 at Stardust, which, the last time I was there, was 5%, but I don't recall what the limit was.
If you're stuck at a place with a high rake, the best way to play is to play extra tight, and look for action when you have great hands in a large pot (IE drawing to a flush from the flop, or pocket pairs made in to a set on the flop), and if you encounter a tight game, go somewhere else if at all possible.
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Be careful at some of the lower end joints in the touristy areas like the Excalibur.. lots of rookies and yahoo poker wanna be superstars..easy pickings, but can really throw off the tempo of a game. You need to keep a sharp eye on what's going on and may need to switch up tables often.
Also, lower rakes may mean more shills.
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M$5
December 20, 2008 10:48 PM
What is the standard rake for a $2-5 pokergame at a casino in Los Angeles or Vegas? Who has the cheapest rake?
How much does the Casino make per hour at a $2-$5 table?
How many hands are played?
trying to figure out what it cost the nine players at a table per hour to play--i.e. the casino tax.
How many hands are played?
trying to figure out what it cost the nine players at a table per hour to play--i.e. the casino tax.
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| December 20, 2008 11:10 PM |
A typical rake on a $2-$4 limit game will be 10%, usually with a $3 limit on the rake. This is enough to make the game barely profitable for an excellent player. If you care about profit for long term playing, finding a table with a lower rake is key. IIRC it was 10% to $4 at Foxwoods when I used to go, which, at 30 hands per hour is going to be a bit less than $120/hour. That seems high, and it makes the game almost unprofitable. The higher limits aren't as bad, though.
If you're in Vegas, check out Excalibur. They have a mixed limit $1-3 and $2-6 game where the pots will tend to be bigger, so the rake will take a somewhat smaller chunk out of what you pay to play, and it makes the game more interesting.
The other alternative for a lowish rake is the $3-6 at Stardust, which, the last time I was there, was 5%, but I don't recall what the limit was.
If you're stuck at a place with a high rake, the best way to play is to play extra tight, and look for action when you have great hands in a large pot (IE drawing to a flush from the flop, or pocket pairs made in to a set on the flop), and if you encounter a tight game, go somewhere else if at all possible.
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Other Answers (2)
December 20, 2008 11:22 PM
This is correct. If a table is 10% and 1 big bet on the rake, it is VERY hard to make money. In my post below I suggested a Vegas casino that had a significantly lower rake the last time I was there. Oh, crap. They imploded it, my advice is outdated!
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December 20, 2008 11:23 PM
Correct. It is kind of disheartening when you look at it that way though, isn't it?
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December 21, 2008 12:40 AM
As long as the action is fast and loose, a little bit of a higher rake isn't all bad. The rake's higher at nicer casino's...but you get a nicer environment, better service, and most importantly better dealers. Be careful at some of the lower end joints in the touristy areas like the Excalibur.. lots of rookies and yahoo poker wanna be superstars..easy pickings, but can really throw off the tempo of a game. You need to keep a sharp eye on what's going on and may need to switch up tables often.
Also, lower rakes may mean more shills.
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If you sit down with $200 that means everyone is down 20% at the start. You have to be 40% better than everyone to make just 20%.
Is that correct?