Best Rakeback Method for No Limit Full Ring Players
Dealt Rakeback, Contributed Rakeback, or Weighted Contributed Rakeback Methods
When considering a rakeback deal it is important to identify how the poker room calculates MGR. As you may know, rakeback is a percentage of your MGR. There are three different methods in use; Dealt, Contributed, or Weighted Contributed. Each method will result in a different MGR total for No Limit Full Ring (NLFR) players. To figure out if which rakeback method is best for your no-limit full ring players, you must first consider your style of play. At a full ring no limit table, the key variable to consider is whether you are tighter or looser than the average poker player and by how much. In this article, we will consider three types of players; tighter than average, average, and looser than average (you maniacs know who you are).
If you are a tighter than average poker player you will make more rakeback at a room that uses the dealt rakeback system. The Dealt system credits everyone at the table the exact same amount of rake, (MGR) regardless of how much money you actually contribute to the pot. So, even though you contribute less money to the pot, you still get credited the same as all the players at the table. The majority of the time winning ring players will be tighter than most players at the table. For tight poker players, Weighted Contributed is the worst rakeback method. The tighter you are compared to an average player, the more of an impact using the dealt method will have on your hourly returns. It is difficult to calculate the actual difference, as it will be different for each type of player. Our calculations have shown that a player with 18% VPIP, will earn about 10-15% higher rakeback at a room with a Dealt policy.
For the looser than the average NLFR player, the contributed method is preferred. Weighted Contributed is even better. With the Dealt method, looser than average players will be contributing more rake, but getting credited with the same amount of MGR as everyone else at the table. At contributed, they get their fair share. The looser you are the more of an impact having the contributed method will have on your total MGR.
If you have an average tightness level compared to the other players, then you prefer the Dealt method. However the difference in the methods is very small.
Using PokerTracker can help you identify your loose/tight level compared to the average player in your database, if you are unsure or want a better estimate. Simply look at your VPIP and compare it to the other players you have in your database.
It is much more import to choose a strategy that will maximize profit from poker winnings than to play a strategy that maximize your rakeback.
Let's look at an example:
Playing $1/$2 NL, 10 player full ring, very loose and passive preflop, with huge pots. The average rake taken is $2 per hand. The poker room uses the Contributed method and gives 30% rakeback.
If you are not one of the blinds you will receive $0.00 each time you fold preflop. If you limp for $2.00 and 5 players go to the flop, and you fold without putting any more money in. You will be credited with $0.40 in MGR, and $0.12 in rake back. So, every time you contribute $2.00 preflop, but fold without putting any more money in, you are losing $1.88 on average. As you can see, it is much more important to play a strategy that will maximize profits, not MGR. There may be some rare situations at the micro levels where you could earn more rakeback per hand than the size of the blind. In that case you would want to limp in as often as possible.
In summary, when choosing a rakeback deal, the method used is a significant variable to consider. Especially, if you re significantly tighter or looser than the average player. However, in most situations, it is not a significant enough difference to change your style of play.
When considering a rakeback deal it is important to identify how the poker room calculates MGR. As you may know, rakeback is a percentage of your MGR. There are three different methods in use; Dealt, Contributed, or Weighted Contributed. Each method will result in a different MGR total for No Limit Full Ring (NLFR) players. To figure out if which rakeback method is best for your no-limit full ring players, you must first consider your style of play. At a full ring no limit table, the key variable to consider is whether you are tighter or looser than the average poker player and by how much. In this article, we will consider three types of players; tighter than average, average, and looser than average (you maniacs know who you are).
If you are a tighter than average poker player you will make more rakeback at a room that uses the dealt rakeback system. The Dealt system credits everyone at the table the exact same amount of rake, (MGR) regardless of how much money you actually contribute to the pot. So, even though you contribute less money to the pot, you still get credited the same as all the players at the table. The majority of the time winning ring players will be tighter than most players at the table. For tight poker players, Weighted Contributed is the worst rakeback method. The tighter you are compared to an average player, the more of an impact using the dealt method will have on your hourly returns. It is difficult to calculate the actual difference, as it will be different for each type of player. Our calculations have shown that a player with 18% VPIP, will earn about 10-15% higher rakeback at a room with a Dealt policy.
For the looser than the average NLFR player, the contributed method is preferred. Weighted Contributed is even better. With the Dealt method, looser than average players will be contributing more rake, but getting credited with the same amount of MGR as everyone else at the table. At contributed, they get their fair share. The looser you are the more of an impact having the contributed method will have on your total MGR.
If you have an average tightness level compared to the other players, then you prefer the Dealt method. However the difference in the methods is very small.
Using PokerTracker can help you identify your loose/tight level compared to the average player in your database, if you are unsure or want a better estimate. Simply look at your VPIP and compare it to the other players you have in your database.
It is much more import to choose a strategy that will maximize profit from poker winnings than to play a strategy that maximize your rakeback.
Let's look at an example:
Playing $1/$2 NL, 10 player full ring, very loose and passive preflop, with huge pots. The average rake taken is $2 per hand. The poker room uses the Contributed method and gives 30% rakeback.
If you are not one of the blinds you will receive $0.00 each time you fold preflop. If you limp for $2.00 and 5 players go to the flop, and you fold without putting any more money in. You will be credited with $0.40 in MGR, and $0.12 in rake back. So, every time you contribute $2.00 preflop, but fold without putting any more money in, you are losing $1.88 on average. As you can see, it is much more important to play a strategy that will maximize profits, not MGR. There may be some rare situations at the micro levels where you could earn more rakeback per hand than the size of the blind. In that case you would want to limp in as often as possible.
In summary, when choosing a rakeback deal, the method used is a significant variable to consider. Especially, if you re significantly tighter or looser than the average player. However, in most situations, it is not a significant enough difference to change your style of play.
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