Quote:
Originally Posted by flstf
I guess if you are a skilled poker player you can do well against unskilled players but everyone in those games is paying the house.
|
This is a concept called "beating the rake". If you are a winning poker player you have an average win rate. If your win rate is greater than your share of the rake (house fee for each hand played) you show a profit. Pros tend to prefer a rake over a seat fee where you rent your seat every half hour.
This is why you can't even eek out a meager living in the 2-5 spread limit games here in Colorado (limited betting, $5 max). The rake+jackpot drop simply eats you up. It's for entertainment only.
It's my personal opinion that one could make a small profit in a game as small as 5/10 limit or 2/5 NL. I wouldn't want to live on the win rate but at least you wouldn't be showing a net loss. Any serious pro plays 25/50 or higher or 5/10NL or higher. There are scores of people out there making a living from poker that you will never see on TV.