the rake in poker

[Syntax]

Im my town, gas is about $2.03 a gallon. There are 50 different stations and the prices vary by less then .03 If you drive a few exits up the interstate, you can find it a $1.90/gal. In other states, I hear of it as low as $1.70/gal. So, if selling gas is still profitable at $1.90, wtf happened to the competion in my area?

Why arent the gasoline prices driven down by competition within each region. Why does every cardroom whether they have a 100 players or a hundred thousand still charge the same rake?

I think its a little bit of an implied price fixing. No one wants to lower the rake now because once they do, there will be no turning back.

[Dingo Puppet]

Post deleted by Mat Sklansky

[_2000Flushes]

[ QUOTE ]
You cannot measure supply vs demand when the customer is unaware and clueless.

[/ QUOTE ]

Actually, you can. The customer doesn't have to know all (or any) of the alternative prices to be able to decide whether he finds one particular price worthwhile. Once a competetor makes his lower price more widely known, it could have an impact on demand, but the principles still apply.

It's a fairly open market, so there is little to regulate Party's rake except their motivation to make a profit. Their overhead cost is irrelevant, so there's not much hope for arguing for a "fair" rake.

That said, I hear Absolute might relocate to Cuba where their rake will be only high enough to cover food and housing costs.

-2kF

[Syntax]

You can buy DVD's at Best Buy for $20 or you can get them for $9 at Columbia House. You get that price because you agree to buy at least 7 DVD's. It's a matter of knowing what your options are. Not a lot of people realize how much better deal they can get at Columbia House.

However, It shouldnt be too hard to get the word out to the poker community. Once a site with no rake is the biggest cardroom, everyone will go there if for just taht simple reason alone.

[Frogger]

[ QUOTE ]
Maybe I wouldn't have taken it as insulting if it didn't come from one of the better players in the world? My brother is a national champ kickboxer, he doesn't punch me in the face every time I walk by.

[/ QUOTE ]

Oh... My.. God.. I almost pissed myself when I heart that. Something about Punching IN THE FACE is funny. In the Face...

Oh I crack myself up.

[Syntax]

well, that went right over your head

[Thythe]

[ QUOTE ]
Is there a follow up coming? If not thanks for the rake for beginers lesson. Can you explain the small and big blind to me?

[/ QUOTE ]

Hahaha, very funny and very true. I myself have already posted here twice while staying out of the debate up until this point.

[Sundevils21]

Fact: partypoker's rake is too high
Fact: people play there anyway
Fact: people(including myself) will continue to play there, regardless

I play low limits so a big percentage of my pots go to the rake. I only continue to play party because of the players. If any site(rake free or not) can even compare with the quality of low limit players at party, I would switch. But I'm not going to sit at a game with a bunch of rocks just because of the lower rake.

[MMMMMM]

"Is there a follow up coming? If not thanks for the rake for beginers lesson. Can you explain the small and big blind to me?"


There sure seem to be a lot more mouthy posters on 2+2 these days than there used to be.

[Syntax]

[ QUOTE ]
Fact: people(including myself) will continue to play there, regardless

[/ QUOTE ]

[ QUOTE ]
If any site(rake free or not) can even compare with the quality of low limit players at party, I would switch.

[/ QUOTE ]

What happened to "regardless"?