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#1
11-02-2005, 07:58 PM
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Pacific Poker increased the rake to $4.
Pacific Poker increased their max rake to $4 per pot. They just came out with a great revenue report too. It is a [censored] joke. Boycott this site until they lower back to $3. Hell, it should be a $1.
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#2
11-03-2005, 01:32 PM
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Re: Pacific Poker increased the rake to $4.
This would be like cutting my nose off to spite my face...
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#3
11-03-2005, 01:59 PM
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Re: Pacific Poker increased the rake to $5.
It's actually up to $5 in the high limit games.
And you'll like the particularly friendly clause: "Additional rake of 1¢ will be taken for every additional 20¢ between consecutive pot sizes."
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#4
11-03-2005, 02:27 PM
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Re: Pacific Poker increased the rake to $5.
So which site will be the first to go to $6 now?
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#5
11-03-2005, 02:31 PM
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Re: Pacific Poker increased the rake to $5.
I always thought with increased competition the rake would drop? Where are the posters that have an economics degree, please tell us how Pacific Poker(and other sites) is defying the laws of economics?
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#6
11-03-2005, 02:36 PM
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Re: Pacific Poker increased the rake to $5.
[ QUOTE ]
I always thought with increased competition the rake would drop? Where are the posters that have an economics degree, please tell us how Pacific Poker(and other sites) is defying the laws of economics? [/ QUOTE ] Sorry, they are not defying the laws of economics. Baaah, Baaah, people are sheep. Did you stop driving your car when gas in the US jumped to $3.50 a gallon? Dogmeat [img]/images/graemlins/spade.gif[/img]
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#7
11-03-2005, 02:38 PM
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Re: Pacific Poker increased the rake to $5.
[ QUOTE ]
[ QUOTE ] I always thought with increased competition the rake would drop? Where are the posters that have an economics degree, please tell us how Pacific Poker(and other sites) is defying the laws of economics? [/ QUOTE ] Sorry, they are not defying the laws of economics. Baaah, Baaah, people are sheep. Did you stop driving your car when gas in the US jumped to $3.50 a gallon? Dogmeat [img]/images/graemlins/spade.gif[/img] [/ QUOTE ] no, but if there were 50 other gas stations selling it for $2.50 I would probably buy from them.
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#8
11-03-2005, 02:41 PM
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Re: Pacific Poker increased the rake to $5.
Yes I did(just cut back my driving to the bare minimum), but I live in a big city with good PT and I don't need to drive to work.......
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#9
11-03-2005, 04:31 PM
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Re: Pacific Poker increased the rake to $5.
[ QUOTE ]
[ QUOTE ] I always thought with increased competition the rake would drop? Where are the posters that have an economics degree, please tell us how Pacific Poker(and other sites) is defying the laws of economics? [/ QUOTE ] Sorry, they are not defying the laws of economics. Baaah, Baaah, people are sheep. Did you stop driving your car when gas in the US jumped to $3.50 a gallon? Dogmeat [img]/images/graemlins/spade.gif[/img] [/ QUOTE ] Online poker is an inelastic good?
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#10
11-03-2005, 04:44 PM
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Re: Pacific Poker increased the rake to $5.
[ QUOTE ]
I always thought with increased competition the rake would drop? Where are the posters that have an economics degree, please tell us how Pacific Poker(and other sites) is defying the laws of economics? [/ QUOTE ] I believe both live and online that when the rake increases the quality of the good sold increases. I mean it drives out some marginal winners that now lose because of the increase in rake making it more enjoyable for both the losing players and the highly skilled players who no longer have to compete against the marginal winners. I know in every market I have seen the higher the rake the better the game.
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