House rake in home poker tournaments?

[mythrilfox]

I played in a tournament today. Here was the structure:

48 players (6 tables of 8) with about a $1100 prize pool (around $23 buy-in; don't ask about the odd buy-in amount, it just worked out that way)

What do you guys think is an acceptable % rake given this tournament? I would imagine anything over 10% is excessive, but I really don't know what is standard.

[nuclear500]

When the house rakes, THATS when home poker becomes a hazard and makes the cops interested.

But anyhow, IMNSHO I would rake .1% for every player.

[mythrilfox]

Is that .1% per player standard? Obviously they can't do that for large tournaments like the WSOP.

[nuclear500]

I have no idea, but it averaged out to a good number when I did some random buyins/players calculations.

[Big Country]

If you are charging $23 that goes to the pot, just chatge $25 total.

10% is about right IMO assuming you are providing snacks and drinks

[emonrad87]

Casinos charge 10% and supply dealers and cards (and often comp. drinks and food). If you're suppling cards, food, etc. charge 10%. If not, charge a small amount to cover the inconvienience.

[Eric H]

What is host trying to accomplish? Is the primary motivation to get a game together or to make money?

I play in three different home games. Occasionaly we play tournaments, but the house charge is always the same. In each one, the house charges a flat $10 per seat and provides sandwiches, snacks, cookies/pie/cake, pop and bottled water. There may even be hamburgers, brats or pizza. If you want booze or beer, BYO. This works very well for us as the host is not trying to profit, just cover expenses.

[mythrilfox]

I played in a tournament last weekend, and it just seemed to be a giant money-making scam. First of all ... buy-in was "$20 + $5 for food" - food was 2 slices of Cici's + a can of soda, amounting to about $1.50.

48 people entered, total cashin pool was roughly $1170 I believe, but prize pool was running around $800 (prizes were ridiculous as well - a laptop for first, GC for second, chipset for third). I calculated the rake was around 27% - and that's without food or dealers. I'm thinking of calling him out, because that's just absurd.