Ok last month I moved up to NL100. Ran super hot for 10k hands or something and was all excited. I started thinkin to myself that I finally made it and was finally beating this game for a serious hourly winrate. Then after 36k hands at NL100 I break even. In my frustration I cashed out $2k from my bankroll and decided to apply that to my credit cards ( i've paid down a lot in the past 6months and hope to be done with it by september) and went back to NL50. Been running bad there. I'm making money, and with rakeback and rewards points it still seems that I'm better off playing poker than getting a job. However, it's been driving me crazy why my winrate at NL50 has been so low after over 150k hands at this level on Absolute.
Bad beat jackpot rake is fckin raping me. I looked at it the other night and calculated how much it would have upped my BB/100 if I wasnt paying that. How's 4BB/100 grab ya? Ya. Thats $14/hour for me. Which means that I'd be running at 9bb/100 over a nice size sample at 6max while 9 tabling which confirms that I'm not a donk, but actually decent. I'd imagine that I would have tilted a lot less in some sessions where I was break even over long stretches because of the bbj rake. So maybe my true winrate is even higher. Needless to say, I need to get out of Absolute.
The bbj rake is .50 of every pot where the normal rake is .25 or greater. So if I'm in the SB and it folds to me, I raise to $2.50 and BB calls the pot would be $5.00 - .25 - .50 = $4.25. This is huge. This is 15% rake on all those little pots where I'm picking it up with a cbet. I've always wondered why it seems that I'm not really making any money unless I win big pots. I should be able to make money just by raising preflop and cbetting alone.
Absolute doesnt have a whole lot of traffic so its pretty tough to table select when your playing 9 tables and there only 10 tables at that level open at times. All the NL50 tables are BBJ tables. At NL25 there is no BBJ and the tables are turbo so more hands per hour. I'm going to play NL25 for now until my rakeback comes in and I'm cashing out and moving to Stars. I really think I can handle playing more tables so I think I want to try 12 tabling.
For that matter, I've seriously been considering switching to nitring on stars and like 24 tabling. I know that I can do it. I just want to make the most money per hour that I can.
