Is this the biggest rake in the whole wide world!!!? (Sky City, Queenstown, New Zealand) - Poker Card Room

I play at the only no limit holdem table at Sky City, Queenstown, New Zealand.

The blinds are $2/$5 and the min buy in is $50 and the max just $200.

The rake is 10% per hand!

The cap is an almighty $20!!!!

Could this obscene rake be the biggest rake in the whole wide world?

Does anyone play anywhere where the rake is more than this?

I would doubt it.

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04-10-2009 , 11:49 PM

AllBlackDan

Carpal \'Tunnel

Join Date: Nov 2008 Posts: 6,329

Same at Hamilton, they are rapists down here!!! Need more people!!

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04-11-2009 , 12:00 AM

otatop

Carpal \'Tunnel

Join Date: Jul 2008 Posts: 12,721

Aren't there places in Australia that take 10% uncapped?

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04-11-2009 , 12:01 AM

Rocket Punch

banned

Join Date: Dec 2008 Posts: 598

I thought Puerto Rico had the biggest rake in the world at 10% with a $10 cap plus an extra $1 jackpot drop for every player that stays in the pot until the river.

I thought people where the biggest morons in the world to play in those games but $20 cap is just WOW.

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04-11-2009 , 12:07 AM

BIGFISH72

adept

Join Date: Jul 2007 Posts: 799

Quote:

I thought people where the biggest morons in the world to play in those games but $20 cap is just WOW.

I be one of these morons, but still profit.

Last edited by StevieG; 04-11-2009 at 12:13 AM. Reason: fixed quote markup

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04-11-2009 , 01:52 AM

otter

Pooh-Bah

Join Date: Dec 2003 Posts: 5,477

Quote:

Originally Posted by BIGFISH72

I be one of these morons, but still profit.

probably not for long, but good luck. Must suck to have to play in a game like this

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04-11-2009 , 02:05 AM

Kangster

adept

Join Date: Jun 2008 Posts: 1,121

Quote:

Originally Posted by BIGFISH72

The blinds are $2/$5 and the min buy in is $50

The cap is an almighty $20!!!!

that's gonna hurt the shortstackers.

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04-11-2009 , 09:40 AM

Michael Davis

Carpal \'Tunnel

Join Date: Sep 2002 Posts: 10,009

I think Gran Casino Barcelona is capped at 25 euro, and 10 euro is reasonable over there.

This information may be grossly inaccurate, but if so, I am only repeating inaccuracies I've read elsewhere.

-Michael

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04-11-2009 , 09:55 AM

xottbeck

journeyman

Join Date: Mar 2009 Posts: 279

Come to beautiful Macau,
The rake on the $HK 50/100 is $HK 200 which equals approx. $NZ 40.

Queenstown sounds positively cheap

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04-11-2009 , 10:10 AM

#10

Oxata

Pooh-Bah

Join Date: Oct 2005 Posts: 4,730

It might be the biggest rake for a casino but I have seen some clubs in NYC rake 10% almost unlimited. One pot was about $500 and the rake was $50. Beleive it or not some of the players in that game were so weak and the game so soft that it was still a beatable and profitable game. Some of these clubs or private games as they call them now have such high rakes that it is really unbelievable.

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04-11-2009 , 10:15 AM

#11

JasonB85

grinder

Join Date: Oct 2008 Posts: 664

That is unbelievable. How much do people spew there for that game to be beatable. I thought when I played in a room in Long Island that $8/hand was bad but geez. GL

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04-11-2009 , 10:37 AM

#12

PTLou

JellyBean

Join Date: Nov 2008 Posts: 5,516

as far as regulated casino ...

Casino in Malta. 10% Uncapped !!!!!

Winner ?

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04-11-2009 , 11:57 AM

#13

BIGFISH72

adept

Join Date: Jul 2007 Posts: 799

Quote:

Originally Posted by JasonB85

That is unbelievable. How much do people spew there for that game to be beatable. I thought when I played in a room in Long Island that $8/hand was bad but geez. GL

The game is often very soft and we have many tourists sit who like to gamble or are pretty clueless.

After just under 1000 hours I average 3.5BB per hour. Not great for a $2/$5 table but considering the rake, its not bad IMO. Its more than the average wage here of $15. The dealers don't even get $16 an hour.

If I can win with this rake and small starting stack, I figure I could do well in Vegas or at the Crown in Melbourne where the rake is so much lower.

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04-11-2009 , 11:59 AM

#14

asdfasdf32

True Facts

Join Date: Nov 2004 Posts: 13,155

At Star City in Sydney, the $5/$5 $200-$500 buy-in game has a 10% rake with a $10 cap to go along with it's time charge of $10 an hour.

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04-11-2009 , 12:25 PM

#15

Deflatermaus

journeyman

Join Date: Apr 2009 Posts: 267

Quote:

Originally Posted by asdfasdf32

At Star City in Sydney, the $5/$5 $200-$500 buy-in game has a 10% rake with a $10 cap to go along with it's time charge of $10 an hour.

This is way more expensive than just tipping out your dealers people.

These are the types of fees and rake we'd be facing if players stopped tipping.

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04-11-2009 , 01:07 PM

#16

xottbeck

journeyman

Join Date: Mar 2009 Posts: 279

Quote:

Originally Posted by Deflatermaus

This is way more expensive than just tipping out your dealers people.

These are the types of fees and rake we'd be facing if players stopped tipping.

It doesn't really have much to with tipping.

Much more to do with being the only game in town - to wit, running a monopoly in a non-competitive market.

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04-11-2009 , 01:12 PM

#17

Birkin

old hand

Join Date: Sep 2008 Posts: 1,362

I've heard that some of the 5/10 games in monte carlo have 10% uncapped too.

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04-11-2009 , 02:28 PM

#18

Deflatermaus

journeyman

Join Date: Apr 2009 Posts: 267

Quote:

Originally Posted by xottbeck

It doesn't really have much to with tipping.

Much more to do with being the only game in town - to wit, running a monopoly in a non-competitive market.

eh, you're pretty much right. The casino or club is going to rake whatever they can.

My understanding for the super high rake in Aussie land is justified due to the no tipping policy towards any staff member. Tipping may even be illegal?

Imagine how high the rake would be in LV or Cali if the dealers couldn't take tips was kind of my lame-o point.

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04-12-2009 , 04:33 PM

#19

ZY725

centurion

Join Date: Nov 2008 Posts: 127

Quote:

Originally Posted by BIGFISH72

At the 10/25 games in underground clubs around nyc the rake regularly can be $500-$700 a half

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04-12-2009 , 06:24 PM

#20

Pill Ivey

enthusiast

Join Date: Jun 2008 Posts: 89

Am I right to say that it is ridiculous to sit in a game with this high of a rake? First of all it is taking a ****load of chips off the table. Second of all it WILL KILL your profit in the long run. If you and the other players that play in these games stop playing in them, and tell them why, the casino/card room will be forced to lower their rake if they want to stay in business. That being said it will be hard as hell to convince some of the idiots in these games that they are getting raped for rake.

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04-12-2009 , 06:37 PM

#21

BoDiddleyMacau

veteran

Join Date: Oct 2008 Posts: 2,286

Quote:

Originally Posted by Pill Ivey

If you and the other players that play in these games stop playing in them, and tell them why, the casino/card room will be forced to lower their rake if they want to stay in business.

ha, that's funny. What they would really do is replace the poker tables with gaming tables or slot machines. Poker has to be competitive in regards to revenue per table to justify it's existence on the casino floor.

Also, I don't know what the gaming tax for the casinos is in Australia, but in Macau its almost 40%.

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04-12-2009 , 06:40 PM

#22

CardSharpCook

Carpal \'Tunnel

Join Date: Dec 2004 Posts: 12,341

Quote:

Originally Posted by Deflatermaus

So... like $1 per pot higher?

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04-13-2009 , 11:00 PM

#23

Bulbahoo

centurion

Join Date: Jan 2009 Posts: 120

Quote:

Originally Posted by Deflatermaus

this could happen but i really hope dealing becomes the $10/hr job that it really should be. its a labor job which requires one to two weeks of school and minimal skills with minimal brain capacity..... my laborers do harder work and i pay them $10/hr. i tip only on big pots but im starting to question that as well........

youll see a lot of low limit 'pros' in LV who have been at the low limits for 10+ years. its because they tip $2/hand and tip on small pots too much.

Last edited by Bulbahoo; 04-13-2009 at 11:02 PM. Reason: adding

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04-13-2009 , 11:05 PM

#24

Michael Davis

Carpal \'Tunnel

Join Date: Sep 2002 Posts: 10,009

Quote:

Originally Posted by Bulbahoo

youll see a lot of low limit 'pros' in LV who have been at the low limits for 10+ years. its because they tip $2/hand and tip on small pots too much.

Obviously the kind of thinking that leads one to crush high stakes games.

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04-14-2009 , 12:20 AM

#25

Bellman

stranger

Join Date: Jun 2007 Posts: 14

I am fairly certain when I donked around on a holiday at Wrest Point Casino in Tasmania that the rake was uncapped on a $200 max buyin game.

To be fair there was only 3 tables of which more than one was rarely running.

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