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Rake percentage

Started by waznis, September 01, 2007, 06:51:16 PM

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waznis

I have not been to CAZ yet so I was wondering what the rake percentage for cash games was. Thanks for any help you are able to give.

Aack Thbbbt

Quote from: waznis on September 01, 2007, 06:51:16 PM
I have not been to CAZ yet so I was wondering what the rake percentage for cash games was. Thanks for any help you are able to give.
CAZ doesnt use percentages in determining the rake.

All jackpot games drop $1 from the small blind before the dealing starts, a second dollar for the jackpot is taken when the pot reaches $30( $100 in spread games).

All fixed "low" limit games are as follows:
$2 on the first $10 and when the pot reaches $30 and additional $2 (one for the jack pot, one for the house).

Spread limit games, the 5-150 and 10-150:
Flop and drop $2, then and additioanl $2 on $100( one for the jackpot, one for the house)

"top section" of high limit games( 20/40 and larger) pay $7 per player ever 1/2 hour for "time".

waznis

Got it. Thanks for the help.

Nidociv

The drop changes every few months or so.   The second dollar that is usually dropped for the jackpot stays on the house side.  Total doesnt change, just WHERE it goes, i think it depends on the "season".

that_pope

Correct, just before football season, they start dropping 3 for hour and 2 for jackpot for the extra football pools going on.  Then during Winterish they turn it back to 4 for house and 1 for jackpot...

AllYourChips

3.5 years, no football promotion won, no jackpot won (not that I wanted to win one til October), nadda.  As far as I'm concerned, the jackpot is like a family of unicorns in that it does not exist. 

that_pope

I am easily +EV lifetime with the jackpot drop! I've probably won about $2k from football/basketball/splash pots/$100 quad hands, as well as winning a bad beat jackpot for about $5500.  And now I very rarely give any money to the jackpot pool since I am playing timed games, so every football pool is that much more +EV!

AllYourChips

Yeah, there has actually been a decent amount of debate for a long time about whether or not the timed tables should be eligible for the football pools/monte carlo type stuff. 

From what I understand, the biggest thing is the football pools.  Obv, this money comes from the jackpot fund, but the higher limit players were upset that they do not get to freeroll in these promotions since they pay $14/hour in rake. 

Like I said though, it doesn't really affect me because I never win any of it.  I have a standing 25% offer for any dealer who deals a jackpot at my table.  Somebody said, "thats way too much, what if you take the bad end for 20k?"  I said, "Then it'll be a 5 grand tip."

that_pope

I think you are being too results oriented in your not hitting a bad beat jackpot, even your table.  A 5/150 table by nature is less likely to hit it than a low limit table.  I don't jump up at go look at what table won it, but I bet the number of times a 5/150 game has hit it is well well below the average if you divide the game by total jackpot games going and amount of times the jackpot has been hit overall.  The nature of the game makes it harder to see the runner runner bad beats that happen in limit.

And I just found something out on Sat while donking around in a 6/12 hi/lo stud game waiting for a 40/80 game to start...they have a mini bad beat jackpot there where a 6-4 low beaten by a wheel gets $500,  the wheel gets $200 and everyone else at the table gets $50.  I shoulda asked them if it ever happened...

AllYourChips

Oh for sure the odds of hitting a jackpot at a 5/150 are incredibly smaller than any limit game.  Players just don't stick around with 1010 on a Axx flop to see running aces come out.  To the jackpot in a 5/150 game, the deck has to be set up to do so and even then, it takes a little luck.  However, all of my friends who play this game regularly have hit the jackpot atleast once and I play more than most of them.  I have also never had a Royal Flush in my 3.5 years of playing poker, with online play included, I estimate I've played about 750k hands.  I also have put in a ton of limit hands before I started playing 5-150, and luckily for me (because I was underage), we never hit.  Phew.

One night about 2 years ago I'm sitting in a 5-150 game with a decent stack.  I had just won a big pot and was stacking my chips.  I almost didn't look at my cards because I had so many chips infront of me and called dark, but I decided to look down and saw two kings.  I made a standard raise to 25 and get on caller in the SB.  Andreas, the dealer, peeks from the BB and mucks.  Flop comes AAA and we both check.  Turn is a 2 and he checks and I follow behind.  At this point, I was scared shitless because I do not want to hit this jackpot.  I was planning on checking and mucking to anything at a showdown.  The river was a 4 and he checked and I Followed behind.  He said "nothing" and flipped over 89 of spades.  I flipped my Kings and Andreas goes wild.  He had mucked A7o which would have been good for a 42k jackpot, or so everybody thought.

Less than a week later I'm in another game with Andreas.  There is a raise to 25 and another raise to 75.  He is sitting next to me and goes aloud, "I got jacks, I don't like this" and mucks.  2 players end up getting all-in and show Aces vs Kings.  The flop comes AJJ and I lean over to Andreas who was talking to another dealer who walked up behind the table and say, "Did you say you had Jacks?"  He looks at the board, looks at me, and goes, DAMNIT! 

Just goes to show there is even more luck involved, in that even when the deck is set up for a jackpot, you need the cards to be dealt to the right people.