Don't be fooled!! The Rake is ......

[Somekid]

5/10, for six hours a day/five days a week only results in 2400 in rake a month? Shouldn't it be a whole lot more?

[pudley4]

[ QUOTE ]
I play 5-10 hold'em and recently looked at what I am paying in rakes per month and let me tell you, it is sickening what the house is charging to play poker!!!

I play about 6 hours a day, 5 days a week and last month spent over $2400.00 dollars to PartyPoker!!!!! Even with those stupid rake rebates of 27% off, I would have paid more than $1700. per month to play at a 5-10 table.

I am a good player, but now I see where most of my profits are going. They are absolute crooks!!!!

My mortgage isn't $2400.00 dollars.

Just curious if any of you have done the math and found out what you paid in rake fees last month??

[/ QUOTE ]

So do you have a proposed solution to this problem or do you just like to appear in forums and repeat facts that the posters have known about for years?

[veresov]

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!

[hopefull12]

So, Get together a group of players who'll make
an (informal) commitment to move 100.00 onto
one paticular poker site on lets say this
Thanksgiving Day. If that site advertises
that their rake will only be 25% of the
industry average. The first poster is
absolutely correct. The replys are so
wrong I don't think I'll bother replying
to them. Cheers.

[lorinda]

Hi,

No we don't want to play at zerorake.com and nobody is going to suggest we do.

Lori

[iluzion]

[ QUOTE ]
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 ]

[ QUOTE ]

veresov
stranger


Reged: 05/11/05
Posts: 3


[/ QUOTE ]

'Nuff said. You realize live casinos charge MUCH more in rake per hand? And also, if you say it's almost impossible to be a winner at 1/2 or 2/4, I'd say you don't have the ability to be playing 5/10.

[veresov]

Hopeful,

I agree that these replys are ridiculous and I am ceasing to speak on the matter any further.

[iluzion]

[ QUOTE ]
Hopeful,

I agree that these replys are ridiculous and I am ceasing to speak on the matter any further.

[/ QUOTE ]

Thank you.

[LinusKS]

In a free market, competition creates an incentive for lower prices.

In a monopoly situation, on the other hand, companies are able to extort exorbitant prices.

If it hadn't been for government regulation, for example, utility companies could have charged whatever they wanted, since your option would have been to pay what they charged, or do without.

Poker isn't exactly a monopoly market, since you can play wherever you want.

But competition is limited because 1.) people want to play where everyone else is playing, and 2.) the price is hidden. Many people never realize how much they're actually paying in rake.

So there's less competition than there should be.

Party is in a position a lot like Microsoft. Everybody wants to use the same operating system everybody else is using, and the price you're paying is often hidden.

So both companies get away with inferior products, crappy service, and exorbitant prices.

Unfortunately, there's not much anyone can do about it, except to play at sites that offer better deals.

Then of course there's the folks who like getting ripped off so much, they think anyone who doesn't like it should move to China.

[afk]

If you think that's sick, you should research live casino rakes, make sure to factor in tokes, gas, food etc... Keep a bucket nearby because you'll most likely vomit.