Online Poker Forum - Super Turbo : decrease rake %
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uconnrounder
Two Pair


Joined: 13 Jul 2008
Posts: 73

PostPosted: Fri Oct 16, 2009 12:28 am    Post subject: Super Turbo : decrease rake % Reply with quote

I've played a good amount of small stakes 9-man super turbos (over 30,000 sngs this year between the $7.50s and the $15s). Obviously, the edge a good player has over a bad player is minimized because there are fewer opportunities for opponents to make mistakes when it is nearly a 100% push/fold game.

Upon the introduction of the super turbos in mid 2008, FT recognized this as they made the rake a smaller percentage of the prize pool when compared to the turbo tournaments of the same level (i.e. $6.00+.50 turbo vs $7+.50 super turbo).

However, I feel that the maximum attainable ROI at the super turbos is significantly lower than that of a regular turbo tournament. While I understand that the rake % for a non-turbo sng is higher than it is for a standard turbo as well, the ROI disparity between attainable ROIs in the non-turbo vs turbo is not nearly as large as between the turbo and super turbo of comparable stakes.

In addition, the higher stakes super turbos are an unprofitable wasteland, where even the best sng players in the world are finding that it is very close to a break-even endeavor and are no longer playing them. This is the case even though the rake % is further reduced for the $100+ buy-in super turbos when compared to the $7.50 - $75 super turbos.

Below is a list of what I consider to be the maximum attainable ROIs at the low stakes super turbo levels versus comparable turbo sngs. Feel free to dispute these numbers, but if you have any less than 10k games at a given stake, your sample size is grossly insufficient (after 30k games, I am still experiencing good/bad variance that I've never seen before):

Super Turbo--------------------vs-----------------------Turbo
3.50 + .30 : 13% -------------------------------------- 2.00 + .25 : 18%
7.00 + .50 : 10% -------------------------------------- 6.00 + .50 : 14%
14.00+ 1 : 6.5% -------------------------------------- 11.00+ 1 : 10%
28.00+ 2 : 4.5% --------------------------------------- 22.00+ 2 : 8%


My estimated attainable ROIs at the turbo levels may be a bit off, but I'd imagine that they are certainly in the ball park. Either way, the average profit per tournament at each level is heavily weighted towards turbo sngs versus super turbos.

My suggestion is that the buy-ins for the super turbos be changed to the following:

3.75 + .30
7.50 + .50
15.25+ 1
31.00+ 2

With a sng type where the most of the solid regulars are achieving ROIs of roughly half my expected maximum at a given stake, this type of tournament is not even remotely profitable for the average player, and the variance is disgusting even for the biggest winners at their respective stakes.

I encourage Full Tilt to consider the suggested buy-in changes as this will reduce the variance and horrible swings that turn people away from these games. At the present time, the 3s-15s may load quickly, but the 30s don't load fast and anything higher takes forever. What I've shown above is a big reason for that. I feel that if the buy-in was adjusted slightly to lower the rake %, Full Tilt would make even more money because more people would want to play them.
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deadmeat82
Message Board Junkie


Joined: 04 Mar 2008
Posts: 1215
Location: rakeback 4 all

PostPosted: Fri Oct 16, 2009 1:00 am    Post subject: Reply with quote

I have absolutely no personal feelings for or against this but would like to say that this is one amazingly well written request.
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DforDissent
Message Board Junkie


Joined: 30 Mar 2009
Posts: 1258
Location: testing my theory that my "best game to 100% focus on" is HORSE mtts

PostPosted: Fri Oct 16, 2009 1:50 am    Post subject: Re: Super Turbo : decrease rake % Reply with quote

uconnrounder wrote:
I've played a good amount of small stakes 9-man super turbos (over 30,000 sngs this year between the $7.50s and the $15s).


VERY nice Scope graph! I've rarely seen graphs that relatively smooth straight-lines that aren't headsup experts... but usually it's a 10-20% roi, instead of 5% -- so I see what you mean about the rake. O_O
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uconnrounder
Two Pair


Joined: 13 Jul 2008
Posts: 73

PostPosted: Fri Oct 16, 2009 12:55 pm    Post subject: Re: Super Turbo : decrease rake % Reply with quote

DforDissent wrote:
uconnrounder wrote:


VERY nice Scope graph! I've rarely seen graphs that relatively smooth straight-lines that aren't headsup experts... but usually it's a 10-20% roi, instead of 5% -- so I see what you mean about the rake. O_O


Heh thanks. I am pretty sure that I am the biggest winning regular at the $7.50s over a significant sample. But like you said, it's only yielded a 6.5% roi (7.3% luck adjusted). For the average player, the rake is too high for them to be profitable in the long-run, and that is a problem imo. Oh and I would obviously like more $$ as well.
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horseplyr
Straight


Joined: 08 Jul 2009
Posts: 119

PostPosted: Sun Oct 25, 2009 2:32 pm    Post subject: Reply with quote

wow 10,000 games to make a comment. I did some research on the web about these, and there are quite a few articles with players giving advice that say they are doing great with a hundred game sampling. I could not stop laughing at them. Anyway you are god of the 7.50 and wptfuji is god of the 3.50 games. I have stalked you guys to see what im doing wrong. Started really well and then I think that variance thing hit me really bad. Not giving up on these yet, but thanks for the article, I wish more players did your type of research and published it. Btw how did you like the multitabling bug that hit last week.
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jeppg1111
Two Pair


Joined: 28 Jun 2006
Posts: 69

PostPosted: Mon Oct 26, 2009 8:10 pm    Post subject: Reply with quote

i cosign this 100%
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uconnrounder
Two Pair


Joined: 13 Jul 2008
Posts: 73

PostPosted: Thu Oct 29, 2009 1:14 pm    Post subject: Reply with quote

Hah, I hated the multi tabling bug so much that I quit for the last 2 weeks. It made it physically impossible to 16 table with my setup. I desperately needed a break anyways because I was getting pretty miserable grinding....but that's why we need a better rake structure Smile
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YYR00000815
Pair


Joined: 02 Jan 2009
Posts: 36

PostPosted: Thu Oct 29, 2009 2:17 pm    Post subject: Reply with quote

jeppg1111 wrote:
i cosign this 100%

+1
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J2ThaP
High Card


Joined: 29 Jan 2009
Posts: 12

PostPosted: Wed Dec 09, 2009 5:46 pm    Post subject: Reply with quote

lol 6% @ 7.5s being the best.

but ya, the rake on these should be at least half if not less than what it is now at all levels. The games take 1/3 the time as regular turbos and the rake is just slightly better at comparable levels, straight up highway robbery iyam.
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jeffr8
Inspector Gadget


Joined: 22 Oct 2006
Posts: 3641
Location: On a boat

PostPosted: Wed Dec 09, 2009 5:51 pm    Post subject: Reply with quote

This thread needs WPTfuji to be complete with the sickest super turbo grinders.
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DforDissent
Message Board Junkie


Joined: 30 Mar 2009
Posts: 1258
Location: testing my theory that my "best game to 100% focus on" is HORSE mtts

PostPosted: Thu Dec 10, 2009 12:33 am    Post subject: Reply with quote

good point! where's The Champ at...
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zamkin
Straight Flush


Joined: 21 Jan 2007
Posts: 494
Location: Pennsylvania

PostPosted: Thu Dec 10, 2009 12:41 am    Post subject: Reply with quote

I like the idea and agree with your reasoning.
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WPTfuji
Flush


Joined: 29 Jan 2009
Posts: 144
Location: blog info in profile!

PostPosted: Thu Dec 10, 2009 12:57 am    Post subject: Reply with quote

they should just red pro me. that way i dont have to care what the damn rake is.

-the champ.
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Abufznuf
Straight Flush


Joined: 01 Apr 2007
Posts: 432

PostPosted: Thu Dec 10, 2009 2:23 am    Post subject: Reply with quote

Big +1 as long as it includes the Omaha ST's and it gets a few more people to play them!!
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zamkin
Straight Flush


Joined: 21 Jan 2007
Posts: 494
Location: Pennsylvania

PostPosted: Thu Dec 10, 2009 6:08 pm    Post subject: Reply with quote

WPTfuji wrote:
they should just red pro me. that way i dont have to care what the damn rake is.

-the champ.


I have you labeled as a "red pro" in my player notes fwiw.
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