The Venetian is holding a $150 k where once 600 entries have been registered the event will become 100% raked. There are six different day 1 flights. I imagine this is scheduled this way so that they can maximize entries and get more than 600 participants. The prize pool will not get bigger than $150 k! What is this? I think the buy in should always go towards the prize pool! Go to the even link below and read rule number 9 where it states that they will keep any funds above the total prize pool. https://www.venetian.com/content/dam/venetian/casino/pokedeepstack/2019/structures/LSP_OCT_2019-250_NL.pdf
INTRO It was a completely spontaneous thing. I was in China on a 2-week trip to visit some relatives and had just arrived in HongKong when I realized Macau wasn't too far away and I had nothing planned for the next couple of days. A 2-hour bus ride later, I set foot in Macau for the first time in my life. The first thing that struck me was just the sheer number of casinos and the ease of access to them. Shuttle buses were everywhere (mostly free!) and taxis were quite abundant as well (started at 19HKD for the first bit, + 2HKD every 100m I think). I quickly made my way into a couple of the casinos in hopes of hopping into some Holdem. A few attempts later and it became apparent that Holdem was not a popular game in Macau at all and only a few casinos offered it (Venetian, Wynn Macau, and possibly some others). The lowest stakes offered were 50/100HKD (about 6.5/13USD), with the lowest rake being 5% capped at 200HKD. These stakes were a bit higher than the 1/3 and 2/5 I was used to and I didn't have that much cash on me, but I wasn't about to come all this way and not play poker, so I got some help withdrawing money from an ATM at the Wynn and walked in with 20K HKD hoping to not bust 2 bullets in what was likely to be a deep game (25K buyin cap). Some sidenotes before getting into the main action: 1/ The casinos were all really nice: very well designed, good service (people opening doors and greeting you), air-conditioned. 2/ Some potentially mafia-associated people would approach you on the casino floor quietly asking you if you needed HKD, but a brief shake of the head or ignoring them sent them on their way. 3/ Women would occasionally approach you on the casino floor asking you if you needed 'service'. 4/ No railing the tables if you weren't playing, and also no phones at the tables (you had to stand up to use a phone). 5/ No 1K chips were allowed to play at the poker table (not sure if for all the casinos or just the Wynn Macau). Had to use 100, 500, 5K, and 10K chips, with the dealers giving you 5 and 25 chips as change occasionally. 6/ Mandarin, Cantonese, or English were the only languages permitted at the tables. 7/ Good selection of beverage and food (drinks were free). 8/ No tipping! I tipped an extra 10 at the end of a session and got flashed a funny glance by a dealer. One of the regulars made a joke about me donating to Mr. Steve Wynn. 9/ Tables were all 10-handed. INTERESTING HANDS 1/ Battle with a Reg: Preflop Edition 18K effective. Good reg HJ opens for 300. I 3bet As4s to 1100 from the BTN. HJ makes it 2700. I 5bet to 5700. HJ tank folds. 2/ Funny Business with My Favourite Hand: Part 1 10K effective. I open from the HJ with JhTh to 300. SB weaker reg calls, BB folds. I cbet 400 on 9h7h5s. SB checkraises to 1300. I tank 3bet to 3300, hoping to fold out some pair or pair+sd type hands. He calls. Turn comes an As. He checks and I jam. He quickly folds. 3/ Funny Business with My Favourite Hand: Part 2 13K effective. I open (same orbit!) from UTG with JhTh to 300. Only a rec UTG+1 calls. Flop comes 5s5h5c. I cbet 200 and get snap called. Turn is the 9h. I lead for 800 and get called again. River comes the 2c. I overbet 5K and get a tank fold. 4/ No Fear 20K effective. Folds to me and I open 5s6s on the BTN. SB rec and BB good reg both call. Flop comes Ks8h9d. SB donks 300, BB calls. I make it 1500 and to my surprise, both call (slightly concerned about BB slowplaying a set but SB is FOS at this point). Turn is an inconsequential 3d, bringing a bdfd. I make it 2700, the rec calls rather quickly and the reg folds to my delight. The river brings the Js and the rec checks after a couple seconds. The best hand he can have here is a straight, but calling turn with a naked QT is unlikely even for this player, so with him holding so many 76, T7, JT, and possibly just Kx, I went for blood and went for a pot-sized 10K bet. My bluff gets through and after consoling the agonizing rec that I indeed had a set, I raked in my chips. CONCLUSION Poker in Macau is rather tough, and casinos don't seem super interested in promoting it, with a number of rooms being shut down over the past years. It might have been soft before, but not anymore. I assumed that sitting at the lowest stakes offered the games would be much softer than they were, but though there were still some weaker players, games were significantly tougher than the games I play in Vancouver, which aren't that soft compared to other places in the world. There were barely open limps except from one or two weaker recs, and for the most part, even the weaker regs were sizing and range aware. 3bets were also quite common and I suspect 4bet-bluffing was a thing among a number of regs as well. The overall vibe was more serious and competitive. I sat at 3 different tables over the course of 2 days, and the table composition was usually the same: ~3-4 tight weaker regs, ~1-2 good regs, ~2-3 recs, ~1-2 tight passive OMC, and me. It was an experience I'm definitely glad I had, but to maximize hourly, I'd for sure play elsewhere. In total, I played 10 hours, and was up +22600 HKD.
Updates from my Trip to Macau Playing Low Stakes Poker
Original Post https://www.reddit.com/pokecomments/59ywtj/semipro_in_los_angeles_travelling_soon_to_macau/ I asked the good people on this sub about any advice for playing low stakes poker in Macau.I got some good responses and prepared myself for the trip. Finally I am back in the states after my trip and I happy to say that it was a great experience. I played for 3 days in total and ended up with just around US $1300 in winnings. Safe to say that I covered my trip expenses and then some. Here are some of the experiences that I am hoping will help anyone else planning or considering Macau. Casinos Played - City or Dreams, Galaxy Casinos where I waited but never got to play - Wynn, Venetian Stakes - HKD 25/50 everywhere (roughly USD 3.5/7) Day 1 - City of dreams Very easy and soft game. Since it was my first day, I was playing very tight and trying to understand the table.No one else spoke English except the dealer(thankfully). Started with around HKD 3500 (USD 450). I was pretty tired and jet-legged. Played for about an hour or so and got up with about HKD 6000. Good day considering I was hardly able to keep my eyes open. Day 2 - City of Dreams I knew the landscape and playing styles by now. I started with my typical LA style aggro playing. Had a pretty good run and basically steamrolled the table. Started with HKD 5000 and after about an hour and a half, I was sitting with HKD 20000. This is where the degenerate inside every poker player wakes up. I started buying shots for everyone. Luckily there were about 2 Americans and 2 more english speakers at the table. Had a lot of fun and ended up losing everything on bad calls and shitty play. Later, talked to my GF on the phone and she told me to promise her that next time I am up 20000 HKD, I will just leave the table. Day 3 - Galaxy I also visited Galaxy on Day 2 before going to City of Dreams. But I forgot my passport so they would not make a players card for me to sit on the poker table. (city of dreams does not require that). I waited about 2 hours before my name got called. I had my last HKD 3500 left with me. I figured I will play tight and try to get a double up. The table was really tough here. Everyone seemed like a pro. I hung around for about 2 hours with about the same stack size. I realized that there was another table and asked for a table change. This table was not easy either. But at least, everyone was mostly TAGs. Played for about another 2 hours and climbed my way to HKD 20000. Left the table after that, as per my promise to my GF. Overall, I would say that if you are a winning poker player, you should have no issue making some dough in Macau. But if you want to play high stakes in Macau, I will surely warn you because those table are literally filled with western pros who live in Macau. IF you can afford to play 50/100 (USD 7/15), it will still be a profitable game and a trip can easily be covered. The city offers a great environment and awesome hospitality. 10/10, would do it again. EDIT - Rakes are too high. It is 5% of the pot and capped at HKD 200 (Around USD 28)
This was my 2nd time to Macau (poker-related) and I have good news and bad news for anyone considering a trip. The good news: The games are pretty fishy and if you are a decent player you have a good chance of walking away with a profit. Both this trip and last trip I tripled my original buyin over 3 days. This time, won enough to cover my flight and hotels and still have a profit. Didn't get especially lucky either; there were upswings and downswings but I just played disciplined and aggressive poker. Note that I'm talking about the lowest limits (25 - 50 Hong Kong dollars no limit, which is about $3 - 6 USD) so games may be tougher in 50 - 100 or above. Most players there are weak-tight. 80% of the time there is no pre-flop raise. Post-flop there is more aggression, but you can profit if you learn which type of fish each player is. Some fold too easily, and some call to easily. Once you determine which is which, easy game. A few are good local regs, mostly TAG's. Just avoid getting in big pots with them if possible. The bad news: Poker is not profitable for the casinos, so more and more hotels are closing their rooms, limiting the number of tables, and upping the limits. Hotel Lisboa used to have a big room with 50 tables or so, tournaments, and lower limits (10-25 I think). Just recently they closed it all down. Hard Rock Hotel also closed their poker room. The reason is that there is a cap for each hotel on the total number of table games they can have, and baccarat is much more profitable than poker. So hotel owners look at the numbers and are ditching or really cutting back on the poker, replacing them with baccarat tables. As a result, there are only three hotels left that spread poker: The Venetian, the Wynn, and StarWorld (and this may change so check this thread on 2+2 before you go; click last to go the most recent dated post) http://forumserver.twoplustwo.com/200/regional-communities/macau-488/ So that's not much of a problem in itself. My biggest gripe is that they only have 5 to 10 tables each, so the waiting list is always super long. First night at the Venetian, I was 18th on the list and ended up waiting 6 hours. That was the worst; but other times it was always 2+ hours wait. So basically, the best strategy is to put your name on a list (early afternoon, like 2 or 3, is best), go eat, come back, sit down, and stay there all day and all night. Details and impressions about each place: Venetian: Terrible service. Rude and super slow; plus estimates for wait time were never accurate. Little to no drink service (all costs money). Play is supposed to be softer here but I didn't notice a difference. Limits: 25-50, 50-100, 100-200; NLHE only (others if there is interest) Rake: 5%, 250 HKD cap Wynn: Excellent service. They send you a text when your name is on top of the list, so you don't have to sit there waiting. Decent drink service, free unless alcoholic. Play was pretty soft at 25-50. Limits: 25-50 up to 1,000-2,000; apparently they spread the highest in the world here. They also regularly have PLO but I think 100-200 was the lowest. Rake: 5%, 200 HKD cap StarWorld (Poker King Club): I had high hopes but didn't get to play here. You can call ahead and put your name on the list, but if you're not there within 30 minutes of being called, it's back to the end of the line (which is long). They are the only place with a players card. Limits: 25-50 was the lowest; don't remember how high they went. No Omaha. But they have Sit-N-Go's on Fridays and Saturdays. This is the only "tournament" left in Macau. Rake: Don't know Another thing - not sure if it was coincidence, but most of my profits on all 3 days came between midnight and 6:00 AM. During the day time there were more nit-regs, and night time is when more tourists came out.
I do t think the average player realizes how brutal that is to their winrate. The 1/3 game there is officially unbeatable now and your just sitting there playing bingo for the promos basically. It's really sad to see the last best place to play live poker (Vegas) is starting to have the game die due to greedyness from the poker rooms. An increase in the per-hand drop to a maximum of $9 doesn’t seem to have slowed attendance at the Venetian poker room in Las Vegas. High-Hand Promo Packs Venetian Poker Room The room has been Best Poker Room in Vegas Casino | Poker Tournaments. The Venetian Poker Room is open daily from 9:00 a.m. to 3:00 a.m. In an effort to provide our guests with a poker experience they know and love in a safe environment, The Venetian Poker Room offers eight-handed cash game play. Goliathcasino is a brand owned by Goliath Ltd, a company incorporated under the laws of Malta. The games on this website Venetian Poker Room Rake are powered and operated by Aspire Global International LTD. Aspire Global International LTD (or "The Company") is a company registered in Malta for the purposes of operating and offering of Venetian Poker Room Rake online and mobile application Massages may also be paid for with poker room comps. Venetian offers players that give at least six hours of action a hotel discount. Weeknights are $129, while weekends are $179. Some busy weekends are blacked out from the poker hotel rate. Environment. The Venetian poker room is spacious. The 2-5 NL rake is much higher on small pots than it competitors. For instance on $20 pots $3 (2+1) is dropped whereas $1 will be taken at Aria, Wynn, Bellagio & Caesars. On $40 pots $4 (3+1) will be dropped whereas above competitors take $2. On pots under $100 Venetian will always take more than others. In addition Venetian offers the lowest As poker player and vlogger Jeff "Boski" Sluzinski pointed out on Twitter, 750 entries would equate to Venetian’s typical $200+$50 rake while the rake percentage would go up from there. At 900 The Sheldon Adelson-owned Venetian casino in Las Vegas has been slated for running a poker tournament in which any money raised above the guarantee automatically belongs to the house, rather than being paid out to winning players… BREAKING NEWS! More rake IS better at @VenetianPoker New tournament format where you could be raked 50% OR MORE! Die Pokercommunity ist in Aufruhr, nachdem ein Event geplant ist, bei dem jeder Cent an Buy-ins, der über $150.000 geht, als Rake an das Casino fließen soll. Bei höheren Einsätzen wie 50/100HKD im Venetian Casino in Macau erreicht das Rake Cap die Staffelungsmarke von 500HKD, was 65USD entspricht. Bei Live-Turnieren gibt es so etwas wie ein Dealer-Add-On oder eine Personalgebühr.
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