#11
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Re: Who pays the rake?
[ QUOTE ]
so what you're saying is the pot's winner pays the rake, if that's what you're saying you'd be right. Over the long run tight players will pay less rake. [/ QUOTE ] Which is why games with a rake tend to be tighter than games with a time charge. |
#12
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Re: Who pays the rake?
I look at it this way, if a losing player losses every hand he plays, then they pay no rake at all. The rake has zero effect on them. While if a winner wins every hands he pays a ton in rake, so there is a big effect on him. So, the winner pays the rake in the most straight forward sense...
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#13
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Re: Who pays the rake?
Imagine recording the size of each pot and who won, then collecting the rake all at once at the end of the night. It should be clear that the gross winners pay the rake.
The net winners often pay less rake than average. Playing tightly (relative to a loose table) may decrease both your gross wins and your gross losses, but your gross losses decrease by more. |
#14
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Re: Who pays the rake?
[ QUOTE ]
So, the winner pays the rake in the most straight forward sense... [/ QUOTE ] but its not straight forward. i define the winner as the one who leaves with the most chips. someone playing a high variance game wins more pots whereas someone who plays tight and wins 75% of the pots the chase pays less. so my theory is whoever's game has the greatest variance pays the most rake. randy |
#15
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Re: Who pays the rake?
This is really very straightforward. In the long run, looser players pay more of the rake than tighter players.
If you are a reasonable tight player and use PT, just check it out: there are two ways to calculate rake paid: 1. the rake taken from pots you won (far right on the general tab in pt) 2. the average rake taken per player in hands you played (in summary tab, total rake / ave. # of players) For me at least, (2) is 50% higher than (1). That is to say that I actually pay only 2/3 of my "share" of the total rake... |
#16
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Re: Who pays the rake?
[ QUOTE ]
Imagine recording the size of each pot and who won, then collecting the rake all at once at the end of the night. It should be clear that the gross winners pay the rake. The net winners often pay less rake than average. Playing tightly (relative to a loose table) may decrease both your gross wins and your gross losses, but your gross losses decrease by more. [/ QUOTE ] I like this method of determining. You're right unless the Casino takes a "drop" (a fixed price from each pot, regardless of size) then the money comes from those who win the greatest number of pots (typically loose, probably normally losing players who won more than their share that night). If the rake is a fixed percent with no max, then it comes from those who win the most money. If it is a percent with a max, then it's somewhere in between. -X |
#17
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Re: Who pays the rake?
I believe there's a close parallel to sports betting. The sportsbook takes a fraction of the wager as a fee for handling the transaction. The loser never pays any of that fee because he only loses what he wagers. The winner pays the fee because he wins less than 100% of his wager (bet $110 to win $100, etc.). Each sporting event is a separate wagering opportunity and each poker hand is a separate wagering opportunity as well. The house extracts its fee after each wagering opportunity. The cardroom's fee is the rake and it comes out of the winner's proceeds.
I guess the object is to have the bitterest complaint about rake. |
#18
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Re: Who pays the rake?
Everyone pays the rake.
Say table has $5000 on it, and the rake takes $4 per hand. After an hour (for simplicity, I'm assuming 30 hands an hour), the casino (or poker venue) takes $120, now the total money on the table is $4880. It doesn't matter how much money is paid per hand; there is now $120 less dollars for you to win from everyone. After 5 hours, the casino has gotten $600 table dollars, again, less for you to win from everyone else (or for them to win from you, but let's be optimistic). If you put money in a pot at all, they are raking your money, not any particular person's. So no one in particular is actually paying the rake, everyone is... |
#19
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Re: Who pays the rake?
[ QUOTE ]
Everyone pays the rake. Say table has $5000 on it, and the rake takes $4 per hand. After an hour (for simplicity, I'm assuming 30 hands an hour), the casino (or poker venue) takes $120, now the total money on the table is $4880. It doesn't matter how much money is paid per hand; there is now $120 less dollars for you to win from everyone. After 5 hours, the casino has gotten $600 table dollars, again, less for you to win from everyone else (or for them to win from you, but let's be optimistic). If you put money in a pot at all, they are raking your money, not any particular person's. So no one in particular is actually paying the rake, everyone is... [/ QUOTE ] Bingo! We have a winner! |
#20
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Pokerstars Tournament Seat
I have a seat to the $215 tournament o Sunday at 430ET. I will seel it to anyone for like $210
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