In the top section games each player pays $7 half hour to play.
Normally in the 40/60/75 limit games one person pays the entire amount( $63) and whoever wins the first contested pot reimburses the player who paid the original $63.
Ok, so what happens is these guys spend the first couple hands trying to duck out of paying the time by folding or not getting involved with the hand...announcing " Time Pot" inducing others to think about the fact they may have to pay, so they fold rather than play...many times it tales 3 or 4 hands before there is a contest. waste of time.
What really doesn't make any sense is when the guy who PAID the original $63 is announcing "Time Pot" when HE is they guy that is going to get paid...he WANTS there to be action so he will get reimbursed.
Funny how short sighted players can be.
The time pot is going to happen one way or another eventually. The strategy to announcing time pot is when it is your BB (you want it to get chopped) or if you are the raiser, you want the blinds to fold. The guy who is paying it is just being courteous just in case others don't realize it. But yes, it is best to keep your mouth shut, especially if someone is limping in, which automatically triggers a time pot.
Pope is correct. The player who posts the time pot is always reimbursed. You are the short sighted one, criticizing something you don't understand.
MR Bernstein: Your reading comprehension is lacking.
I completely understand that the player who posts the time pot gets reimbursed....as i state in my original post.
"Normally in the 40/60/75 limit games one person pays the entire amount( $63) and whoever wins the first contested pot reimburses the player who paid the original $63."
THE POINT, which you seemed to have missed, it that the guy who is OWED the money is announcing "Time Pot" which many time causes a fold chop situation wherein he has to WAIT to get paid. WHY would he want that to happen? Get it over with, get paid, and get the game going( because many times these guys are so concerned about who is going to HAVE to pay the time, they chop 6 or 8 hands in a row.)
Pope indicated that the CORRECT strategy is for others to announce the time pot.
I stand by my statement that these players can be very shortsighted.
And I stand by my statement that you are the short sighted one. (Also insanely stubborn and thickheaded, maybe why you're eternally stuck playing low limit games which are nearly impossible to beat bc of the rake %---another similar concept you probably don't understand)
Time pots exist in Vegas, LA, atlantic city, arizona and everywhere else that poker exists above the 20/40 level.
Let us assume you can comprehend basic poker math ( I know I'm asking too much) as I illistrate my point by example.
If a 40/80 player raises his button holding pocket 8's, sb folds and the big blind ponders for a second.
Would it be wise to remind the bb it is a time pot? Effectively, he may deter bb from calling and the raiser earns a profit of $60. If bb calls there is now 80+80+20-63 in the pot. Do you see how the value of 88 is deminished in this situation? Do you need a more detailed explanation with actual percentages? $63 to a pro 40/80 player could be almost a full hours worth of work. So, when possible I avoid paying time pots and let some unsavy shmuck or social player (someone like yourself who doesn't get it) pay for the down.
There real reason we implement time pots isn't just to save time.
Quote from: MrBernstein on December 22, 2008, 07:42:00 PM
And I stand by my statement that you are the short sighted one. (Also insanely stubborn and thickheaded, maybe why you're eternally stuck playing low limit games which are nearly impossible to beat bc of the rake %---another similar concept you probably don't understand)
You presume a lot.
Quote from: MrBernstein on December 22, 2008, 07:42:00 PM
A
Time pots exist in Vegas, LA, atlantic city, arizona and everywhere else that poker exists above the 20/40 level.
And the reality is that a time pot in other locales is different than they are at CAZ, true "time pots" are "illegal" according to the compact the state has with the native americans.
A dealer will (should)not manage the collection in this particular situation. Someone pays the COLLECTION for the house, and it is then THEIR responsibility to collect from the player who wins the next pot. The collection will not be taken directly out of the pot by the dealer or anyone else. The house allows this as a courtesy to the players but does not accept responsibility if a collection is not returned.
Quote from: MrBernstein on December 22, 2008, 07:42:00 PM
Would it be wise to remind the bb it is a time pot? Effectively, he may deter bb from calling and the raiser earns a profit of $60. If bb calls there is now 80+80+20-63 in the pot. Do you see how the value of 88 is deminished in this situation? Do you need a more detailed explanation with actual percentages? $63 to a pro 40/80 player could be almost a full hours worth of work. So, when possible I avoid paying time pots and let some unsavy shmuck or social player (someone like yourself who doesn't get it) pay for the down.
There real reason we implement time pots isn't just to save time.
And when someone who is STILL IN THE HAND makes the statement it makes sense, that is not my argument.
I should have clarified:
A player pays the collection, the hand begins( he is neither blind), he folds HIS hand and then starts chirping "Time pot". But he still has some "equity" in the sense that he is owed 63 from the first hand that is played, why would he do anything that would deter the hand from being played?
If YOU had posted the collection, were under the gun and folded, would you announce it was a "Time Pot"?
Many times the player announcing "Time Pot" its an inactive( folded that hand) player, so now you have inactive players affecting play of a hand...they might remind/convince a player who was on the edge about a hand to toss it because of the implied negative equity. So they guy who had AA's and raised now loses those bets.
Do your math on the affect inactive players have in this situation.