help with live poker hand stats

harrypoker

harrypoker

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Hello.

Im planning on starting a live poker room in my country (colombia) and Ive been working on my business plan since a few weeks ago. I found out a few stats but I need a few other more, for example, Ive heard that there are 15-20 poker hands per hour in a live casino, with a fast dealer.

Id like to know if there is a way to calculate what is the average pot per hand in a live poker room sitting in a 0.50c/1usd blind NLHE table.

If you know any other stats it would be very helpful.

Thanks a lot.

harryPoker
 
absoluthamm

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That will depend completely on how many players are at the table, how much they buyin for and their playing style. I don't think there is an industry standard...
 
thepokerkid123

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30 hands per hour is considered fast.

Really good dealers can do this with no problem, but generally it averages out in the mid-twenties I think (that bit is a guesstimate based on some thousands of hours playing live poker). Inexperianced dealers, and players needing time in big pots, floor being called to decide on rules, etc, all slows things down.


Not sure how you can figure out the average pot size, but if you're thinking about it to figure out the rake; a lot of games have capped rake (i.e. 10% rake up to $x) and you can assume a very high percentage of pots reach the cap.
 
nevadanick

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First, we have to 'assume' that you are referring to NLHE tables. Even then and at .50/1 you can't expect all pots to go to max rake. There are a number of the hands/hr that will never get a rake if you follow the "no flop/no drop" live table standard.

What demographics are you dealing with (no pun intended)? Is the poker room going to be in a Belagio/Vegas setting or the backroom of a bar in some obscure mountain town in Columbia?

If you've been working on a biz plan for 2 weeks now, you're 'asking' how many hands per hour. Have you ever played live games? How do you expect to RUN a poker room with -0- live experience? People that want to do this usually understand they are best setting up a 'home game' ... or is that what you are already planning ... ??
 
absoluthamm

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you can assume a very high percentage of pots reach the cap.

Yep, live games are a lot looser, so a lot more people in the pot means more money starting in the pot...
 
nevadanick

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Yep, live games are a lot looser, so a lot more people in the pot means more money starting in the pot...

Maybe it's because I play in Nevada where live poker is abundantly available, but I don't agree with live table players generally being looser than online.

On limit or spread-limit live tables, I still don't see as many players in single hands as I do online.

Even in our local nlhe mtt's I don't see the kind of play I see online even when I compare similar buy-ins ... ie $20, 35 or 50 local mtt's vs $20-50 online buy-ins. One observation I've had is that even when the buy-ins are similar, if a player is loose and busts out early they have to leave that casino to find more mtt/tourney action.
 
harrypoker

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First, we have to 'assume' that you are referring to NLHE tables. Even then and at .50/1 you can't expect all pots to go to max rake. There are a number of the hands/hr that will never get a rake if you follow the "no flop/no drop" live table standard.

What demographics are you dealing with (no pun intended)? Is the poker room going to be in a Belagio/Vegas setting or the backroom of a bar in some obscure mountain town in Columbia?

If you've been working on a biz plan for 2 weeks now, you're 'asking' how many hands per hour. Have you ever played live games? How do you expect to RUN a poker room with -0- live experience? People that want to do this usually understand they are best setting up a 'home game' ... or is that what you are already planning ... ??

Nevadanick,

yes Im referring to NLHE tables. There's no "no flop/no drop". casinos here usually get 10% from every pot in a hand. First kind of table is a NLHE table with 0.50c/1USD blinds, minimum buy is 30 dollars, maximum buy is 100 dollars. 10 players max.

The second kind of table is blinds 2.5USD/5USD, NLHE, minimum buy is 150 usd, maximum buy is 400 USD. 10 players max.

Its not in a casino. Im renting a 150 square meters room and Im putting 4 tables in there to start. There is already 1 more of this business model here, they are making money like hell. And there is a lot of unattended demand still.

So you practically rent a place and start hosting NLHE tables and tourneys in 3-4 tables. Poker only. Its not a casino, its a card room, where you can eat good food, play poker, and even play satellites to bigger and bigger tourneys.

Yes Ive played live games. Yes I have a lot of live experience. I just want second opinions.

Thanks a lot.
Harrypoker.
 
nevadanick

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GL with your venture then ... :D

Interesting to be in a country where no licensing seems to be required if all you need to do is rent a room ... :eek:

Take advantage of that, I guess. Here in the States, speaking specifically of Nevada, you have to make application through the Nevada Gaming Commission and submit to an extensive background check. Any kind of record or association with known criminals will get an immediate denial of a license from the Commission.
 
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