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#32
05-11-2005, 01:35 PM
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Re: Don\'t be fooled!! The Rake is ......
[ QUOTE ]
[ QUOTE ] Um, no they don't. Party drops $3 per hand. In my area, there are dozens of casino/ cardrooms and I don't think a single one drops more $3, and many of them have a $2 rake. [/ QUOTE ] Admittedly I've only played at 2 casinos, and I believe they both charged 10% up to $5 below 10/20. I think it was a time charge above that. [/ QUOTE ] Yeah, that's unreasonable. It's still not like this is the norm amonst all casinos. I mainly play online now, but when I used to mainly play live, the two main games I played were a 15/30 with a $2 rake and no jackpot drop and a $20/40 with a $3 rake and $1 jackpot drop. The game I played before moving on to those was a 10/20 with a $2 rake and $1 jackpot. These were all at different cardrooms. These rakes are not worse than online. Some people are saying that you should count all of your expenses like gas to the cardroom, but I think that is irrelevant when we are discussing how much the house charges you to play. Further, that doesn't need to be expensive for everyone either. When I lived on the east coast, I would take a bus to the casino and you were given match play coupons and a coupon for the buffet that came out to be worth more than the cost of the bus ticket, so that was actually a negative expense (the casino wants you to go there). Even if you count gas, there are expenses for playing online too (hardrware, software, internet access). 
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#33
05-11-2005, 01:38 PM
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Re: Don\'t be fooled!! The Rake is ......
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Party uses that rake to advertise and bring in new players for you to win money from. If they didn't collect the rake you would have to put together your own games which would cost you a lot of time and money. [/ QUOTE ] It doesn't all go into player promotions and advertiseing. I'm sure Mr Dikshit uses some of that money to get out laid. Stu
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#34
05-11-2005, 01:43 PM
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Re: Don\'t be fooled!! The Rake is ......
Last time I went to AC (1990ish) after gas (someone else's car, gas, and tolls - they didn't like to drive in AC) the hotel was comped, the buffet was $5 all you can eat steak and lobster (if you could eat with the casino noise piped into the buffet). Wasn't playing poker so I have no idea as to the rake, but, I came out way ahead.
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#35
05-11-2005, 01:51 PM
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Re: Don\'t be fooled!! The Rake is ......
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I am saying there is a reason PartyPoker is going public for 4-8 billion dollars and it aint because they are charging an affordable rake! At the lower limit tables (2-4 and 1-2), it is almost impossible to make money due to the rake. Do any of you realize that? Why do you think these sites can offer such bonuses? They will recoup the bonus in a few days and you will end up paying them many times over! Even the tourney games. Why is it that a $50 tourney has a $5 fee and a $30 tourney cost $3?? They both cost the site the same amount of money to manage operationally! [/ QUOTE ] I'm playing 15/30 after 1.3 years of beating the rake (without rakeback until recently) at .5/1, 1/2, 2/4, and 3/6. But more importantly, this thread rules. EDIT: It also occurred to me that you might not be aware that every retail establishment charges you slightly more than they paid for their goods. We should put a stop to that.
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#36
05-11-2005, 01:52 PM
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Re: Don\'t be fooled!! The Rake is ......
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Just curious if any of you have done the math and found out what you paid in rake fees last month?? [/ QUOTE ] If by "math," you mean opening pokertracker, then yes, I do the math almost every day.
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#37
05-11-2005, 01:54 PM
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Re: Don\'t be fooled!! The Rake is ......
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At the lower limit tables (2-4 and 1-2), it is almost impossible to make money due to the rake. Do any of you realize that? [/ QUOTE ] No, because you are dead wrong. THe rake is high, but the low limit games are very beatable despite this.
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#39
05-11-2005, 01:56 PM
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Re: Don\'t be fooled!! The Rake is ......
[ QUOTE ]
EDIT: It also occurred to me that you might not be aware that every retail establishment charges you slightly more than they paid for their goods. We should put a stop to that. [/ QUOTE ] Those greedy bastids! Picket 'em all! Make/grow/raise our own goods.
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#40
05-11-2005, 02:14 PM
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Re: Don\'t be fooled!! The Rake is ......
Yes, I understand it. The only "easy" way to track it is from pots won. Unless you do something so simple as money started session and money ended session which is greater? Then you don't care because you've determined if you have beat the rake or not quickly, easily, and relatively accurately.
By any method of calculation (true total, pot total, MGR) it is way more than possible to beat the rake at even .25/.50.
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