30% or what? How many hands you played, in what format and stakes? And how much ypu paid rake?
Do you mean 30% of your profits are rake? If that's the case, that's awesome. It's almost as good as tournaments.
But if you mean the rake is 30%... that is impossible - you would be busto in a matter of minutes.
I played a session of NL5 and made more than 2 full stacks. Looking at the EV Graph it showed a win of 12.64$ for the session. As I found out, the EV Graph shows win / loss without rake. Now when I compared my account balance before and after the session It only showed a net win of 9.30 $.
That would mean that around 26% "got lost" somewhere along the way. GG did not respond to my request so far.
Well, I think in NL5 something like 10bb/100 rake is normal. You paid $3,30 in rake, which is 66bb. That is 660 hands. So if you played over 600 hands in your session, that rake is just normal. And the same rake is taken by EVERY site there is.
No one stole you anything, you just need to pay attention to the rules.
Originally posted by sebbi51
Hello! I have a massive problem with the way that rake is not transparent at GG.
We all have that problem.
No problem with the rake itself, just the fact that GG tries to hide it.
The fact that their PokerCraft session graph ignores rake has the effect of bringing their rake system under even closer scrutiny.
Their rake tables are not hidden though -- you can see them here:
Holdem: https://en.ggpoker.com/poker-games/texas-holdem/
Omaha: https://en.ggpoker.com/poker-games/omaha/
You'll have to scroll down a ways to see the rake tables.
I have a spreadsheet where I track my GGPoker play -- I suggest that all players on that site (or any site that doesn't allow trackers) do the same.
Also, if you user PokerCraft to export your sessions, you can import them into PokerTracker4 (and HM3 I presume) and see exactly how much rake you paid.
I think the rake is transparent, rakeback is totally non-transparent. Other sites don't have things equal to pokercraft, nor they show the rake anywhere. And everyone is happily paying it.
Originally posted by Kyyberi
Other sites don't have things equal to pokercraft, nor they show the rake anywhere. And everyone is happily paying it.
I am curious what major site you mean?
Perhaps i am not well informed but the only site i can think of is UB and they have very poor traffic.
And i think ppl vote with their act by taking their action elsewhere. So your last sentence is a bit of a stretch imo.
Pokerstars doesn't tell you directly how much you have raked. Partypoker does, as 1 point is for $1 raked. Of course you can see the rake in hand histories or calculate from your points/whatever, but the same thing is at GG.
Originally posted by Kyyberi
Pokerstars doesn't tell you directly how much you have raked. Partypoker does, as 1 point is for $1 raked. Of course you can see the rake in hand histories or calculate from your points/whatever, but the same thing is at GG.
Furthermore, PokerStars has an extremely non-transparent reward system.
It cannot really be called a cashback or rakeback system because you get nothing back except points and tickets -- sometimes cash, but so far for me that is very rare.
Yes and PokerStars has a LOT of variance in how many points you need for a chest. For me the biggest difference has been 5000 points or 48500 points for the same chest.
Actually the rake at Rush&Cash tables now is probably the lowest rake online! The rake cap is 3bb at all limits! IT is actually very close to 5bb/100 in total even with the preflop rake! The rake difference at normal tables by the way is approx 2.5x more, because the rake cap is 3.3x more!
Originally posted by vengeance77
Actually the rake at Rush&Cash tables now is probably the lowest rake online! The rake cap is 3bb at all limits! IT is actually very close to 5bb/100 in total even with the preflop rake! The rake difference at normal tables by the way is approx 2.5x more, because the rake cap is 3.3x more!
Good to know -- thanks!
Raked preflop + 3bb cap is pretty much the same as no rake preflop + 4bb cap. Not sure how you get the cap 3,3x more on other sites, at PLO50 the cap seems to be 4-5bb on most sites.
They also take money to cash drops, making cash drops EV0 for you, unless you play dropped pots better than the field.
5bb/100 sounds too good to be true, when i compared gg 5% 3bb cap vs 3% no cap the second one was about 11bb/100 rake and it was the better deal
Well the rate I earn FPP points at rush&cash tables is equal to 5bb/100 rake for huge simple! The preflop rake is when there is 3b+ only!
If you think FPP points equals to rake, you are VERY wrong. That is affected by PVI, and looks like your PVI is clearly less than one. If your PVI is 0,5 it means that for every dollar you rake you get only 50 points. Here is more information on PVI: https://forums.pokerstrategy.com/forum/thread.php?threadid=509968&goto=firstnew
Originally posted by Kyyberi
If you think FPP points equals to rake, you are VERY wrong. That is affected by PVI, and looks like your PVI is clearly less than one. If your PVI is 0,5 it means that for every dollar you rake you get only 50 points. Here is more information on PVI: https://forums.pokerstrategy.com/forum/thread.php?threadid=509968&goto=firstnew/blockquote >Yes that was my error my PVI appears to be about 0.3-0.35 no matter how ridiculous it is! That means the rake is approx 15bb/100! Brutal!
So that means all sown rewards in GG network are actually approximately 3 times less! ![]()
Asian tricks&lies! They are telling the whole world how good there rewards are, but in reality isn't that great at all! Not to mention if you are chasing rake race/chase how difficult is to calculate how much volume you need to put! It is still better than stars and the traffic is 24/7 50-150000.
In addition those stats such as VPIP are nothing to do with the reality most of the time, because they are telling you that are daily based, but in reality they are based on 20-25hands! So you never should look at it!
At stars at least they are honest, that they are Rekting you! At party and wpn you need massive rake to have a good rake back!