3 ms·

It seems to me that the "rakeback" is a promotion that will give you some of the rack back. This case if you are breaking even with the rake you are going to ge

It seems to me that the "rakeback" is a promotion that will give you some of the rack back. This case if you are breaking even with the rake you are going to get some of it back. Otherwise the author doesn't make sense at all for the reasons you mentioned.

icey 18y ago
If the rake is 10 dollars, the rakeback would give you 3.50 (for example). That means you've still paid 6.50 for that pot. Without a rake in place, your bot can afford to be 6.49 worse per pot and still make more money than a bot that breaks even and takes a rakeback.
- dangoldin 18y ago
  Yea makes sense. I misunderstood Matt's initial post and have been off today. Basically in order to come up positive at the end (with no rakeback) you'd have to win more and more the higher the rake % went.
  - icey 18y ago
    That is exactly right.
mattmaroon 18y ago
That is what he is saying, he just doesn't understand that if he took the rake out, the bot would be doing much better than breaking even. And much better than breaking even plus 30% rake back at a raked game. About 3x better (not counting any strategic adjustments).