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General Poker
Is This The Future of Online Gambling?
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[QUOTE="GWUGWU, post: 758763, member: 37119"] [b]No Rake Is Ever Taken - Including Tournament Entry[/b] Thanks for the Posts, Just to clarify some stuff. A rake is not taken by the operator. Players pay a one-time fee, like a service charge, an admission and if it makes things easy, we’ll this one time call it a rake. We have heard this will be between 10% at the low end to 20% at the high. So if you bought a $100 ticket to play with, you would end up with $80 to $90 to play with. So if you were given $90 on your ticket, that is the last time you EVER pay, associated with that ticket. Let’s COMPARE: “PokerStars receives compensation for hosting poker games by taking a rake, or a small portion (5% to a maximum of $3) of the pot. For detailed information about the rake see our [URL="http://www.pokerstars.com/poker/room/rake/"]poker rake[/URL] page.” (From Poker Stars Site) Let’s assume 10 player’s start out at a table at Poker Stars. They each start with $100 = $1,000 in play. Each hour the table plays 40 hands and the average pot is $30. The average rake is $1.50 per pot or $60 per hour. Hours Played 1st Hour = $60 Rake = $6.00 per player and Leaves $940 in Play 2nd Hour = $60 Rake or $120 in Total = Average $12.00 per player and Leaves $880 in Play 3rd Hour = $60 Rake or $180 in Total = Average $18.00 per player and Leaves $820 in Play 4th Hour = $60 Rake or $240 in Total = Average $24.00 per player and Leaves $760 in Play 5th Hour = $60 Rake or $300 in Total = Average $30.00 per player and Leaves $700 in Play And so forth... In our system each of the 10 players only has $90 for 10% of their $100 was taken when they purchased their ticket. So now the table only has $900 to start play and there is never any more charges from here on out. Hours Played 1st Hour = $0 Rake Leaves $900 in Play 2nd Hour = $0 Rake Leaves $900 in Play 3rd Hour = $0 Rake Leaves $900 in Play 4th Hour = $0 Rake Leaves $900 in Play 5th Hour = $0 Rake Leaves $900 in Play And so forth... Tournaments work the same way. Once you have your ticket, you are not charged to go in any Sit & Go’s, Tournaments, or play at any table or anything you want to do for that matter. So if 1,000 people join a $10 tournament, it is $10 + $0 and the pot is $10,000 and no player paid even a penny more. The better you are, the longer you play and in the long run, things are actually less expensive for the average player’s enjoyment. Keep the questions coming! Thanks, Scott [/QUOTE]
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