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Author Topic: UK Poker News  (Read 1998 times)
MrMoves
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« on: November 21, 2005, 02:10:39 PM »

Hi guys,

We launched UK Poker News today, yay finally!

Mrs C. kindly gave us an interview.  Also, Roy the Boy has been in for a chat.  Simon Trumper & Jac Arama have given us their thoughts too.

We'll have the latest UK poker news, every day.  Come over and take a look:

http://uk.pokernews.com/
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byronkincaid
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« Reply #1 on: November 21, 2005, 02:45:58 PM »

From your william hill page;

Quote
Rake is standard for the industry

I though industry standard rake was max $3 per pot whereas on crypto pound tables they take up to £3. Has that changed or am I wrong?

Also this made me PMSL, thank you Cheesy

Quote
Cryptologic software which is known for its stability
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MrMoves
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« Reply #2 on: November 21, 2005, 03:01:03 PM »

I believe the standard rake comment was made due to the percentage taken.  But, you're absolutely right, the difference between £3 and $3 is pretty big.  We'll change that, thanks.

I hear differing opinions on Crypto.  Some players just won't play anywhere else.  You can always give us your user review Smiley
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Exorcism
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« Reply #3 on: November 21, 2005, 03:09:54 PM »

I would consider £3 would be standard for any site that offers a Sterling table. And if my profits are in big Pounds instead of little Dollars, I like that too!
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Graham C
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« Reply #4 on: November 21, 2005, 03:32:38 PM »

nice site with some good bits Smiley 
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redsimon
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« Reply #5 on: November 21, 2005, 03:46:18 PM »

I would consider £3 would be standard for any site that offers a Sterling table. And if my profits are in big Pounds instead of little Dollars, I like that too!

You don't get it do you? Maximum rake is $3 on $ tables £3 ($5.10) on sterling tables. That eats into your profits whatever currency it is in!
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Exorcism
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« Reply #6 on: November 21, 2005, 04:36:17 PM »

I would consider £3 would be standard for any site that offers a Sterling table. And if my profits are in big Pounds instead of little Dollars, I like that too!

You don't get it do you? Maximum rake is $3 on $ tables £3 ($5.10) on sterling tables. That eats into your profits whatever currency it is in!

Edited

Redsimon - I get you now, after Tank spelt it out. Smiley
« Last Edit: November 21, 2005, 04:57:32 PM by Exorcism » Logged

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thetank
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« Reply #7 on: November 21, 2005, 04:57:10 PM »



Redsimon, I fully "get it" thank you. I was referring to a Sterling table when I mentioned £3. If I put £100 in, suffer a £3 rake in a big pot and leave with £150 next hand, I am very happy. More so in fact than if I entered a $ table with $100, suffered a $3 rake in a big pot and left next hand with $150. Same percentage, bigger actual. Suits me Sir! I'm not too fussed about about the pedantic end of poker, just the profits I make from a table.

Comparing 100 pounds to 100 dollars is illogical.
A pound is worth more than a dollar.
If you put £100 in, suffer a £3 rake leave with £150 then this can only be fairly compared to buying in for $171.5 winning a $88 pot after paying rake of $3 cashing out with $259.5

Would you rather have £150 or $259.5.
I know which one Redsimon would pick (Hint £150 is worth $257.4)

He's not trying to diss you, just point out the error in playing on sterling tables with a £3 rake so you don't get ripped off.
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Exorcism
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« Reply #8 on: November 21, 2005, 05:01:00 PM »

Thanks Tank, I edited my reply but I needn't have as you have it up. It's a good thing I don't trouble the max end too often!
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ifm
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« Reply #9 on: November 22, 2005, 12:54:14 AM »

There was some debate on this a while back, the argument for playing the £ tables was something along the lines of:-

the people that play these tables obviously don't know too much about what they are doing and are usually good prey for the sharks, i.e. they are naive Smiley so the better players will play these tables from time to time in the hopes of easy pickings.
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ifm
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« Reply #10 on: November 22, 2005, 12:55:37 AM »

oh and crypto are only slightly more stable than pacific!!!
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thetank
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« Reply #11 on: November 22, 2005, 01:32:26 AM »

I missed that debate.

I think it's true of the bad beat jackpot tables on Party where you pay an extra 50c a hand. (Plus some EV from the jackpot.)
The play would have to be a lot lot worse to overcome a $2.10 a hand extra rake. My experience of crypto (2 years ago now so things will be totally different now I'm sure) was that that was not the case.
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