Originally Posted by BelgoSuisse
also, rake is a huge burden for low stakes limit games.
Agreed! If you don't have rakeback & you're not clearing a large amount of bonus, then the microstakes limit game is a very tough grind to beat the game for a decent rate.
I've been playing 7-card stud & Stud Hi/Lo split for the past 6-8 months or so at the 1-2 thru 5-10 levels, and the profit margin there is very slim. I'm making a decent profit over the past 8k hands, but if I wasn't clearing bonus & getting rakeback I would be break even.
Limit hold'em is a little better since your edge is a bit bigger than stud games, however, as FP recently said, he quit limit hold'em because he likes money. Every decision is worth the same amount of money, and that means small leaks that wouldn't matter in no limit (because the pot is small) suddenly becomes a HUGE leak in limit games. And unlike no-limit, your bets are just too small for you to be exercising any huge edge.