Quote:
My current policy is no flop no drop in limit games. We do take a rake in NL games.
Randy, you were called "greedy" following your post and I think the poster was serious. Maybe this background will help.
In a limit game when you get no flop it's almost always due to a blind steal and customers get irritated when a drop is taken (even though in let's say $20/$40 limit you do get enough called action to generate the first dollar of drop). Of course LA area customers have become numb to big drops on small games; e.g., years ago Commerce took both blinds in 3/6 limit on a blind steal! Today they and some other casinos take $2 (a buck for the house and a buck for the jackpot) even on a blind "chop". As you know most players in LA chop blinds because if you play the clubs take a full drop the moment the flop hits (as an aside many dealers try to disguise this which sort of cracks me up in a perverse sort of way).
Now in no limit you will sometimes get a large pot that doesn't reach the flop - this almost never happens in limit. For example in a $2/$5 blind NL game you could have three limpers, a raise to let's say $40 followed by a reraise to $200 and all fold to the reraiser. The pot contains $102 in "called action" (am I using the right word here?). If you rake 5% with triggers at $40 and $80 then the house rake should be $2.
Oddly in LA if you get the scenario immediately above (in a club that doesn't take the jackpot drop pre-flop) you only pay $1 in drop. It's one of the few times LA is a better deal!
Now my guess is in your "raked" no limit game (given you now work outside of California) if the pot is small (i.e., below your first trigger point in collecting rake) you don't take a drop even if you make the flop (or river for that matter). If the poster who called your policy greedy reads this post and perhaps my linked story (which contains a virtual history of LA collection policies in the follow on comments) your policy would seem extremely fair.
OTOH, maybe I got the facts wrong and having worked in LA you couldn't help yourself
Last edited by Rick Nebiolo; 08-15-2010 at 01:13 PM.
Reason: "minor" word change :)