Las Vegas MGM Properties Raise Rake to $5 - Poker News

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Las Vegas MGM Properties Raise Rake to $5

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05-26-2017 , 01:10 PM

As2s3s4s5s

veteran

Join Date: Nov 2007 Posts: 2,212

MGM properties raised percentage based rake to $5 at all Las Vegas properties yesterday & today with the exception of Luxor, which is closing next month. Las Vegas poker rooms with $5 rake are listed below. It was only a matter of time and with this change all of the premier Las Vegas poker rooms are now taking $5. (X Posted in LVL)

Aria $5
Bally's $5 + $1
Bellagio $5
Excalibur $5 + $1
Flamingo $5 + $1
Mandalay Bay $5 + $2
MGM $5 + $2
Mirage $5 + $2
Planet Hollywood $5 + $1
Venetian $5 + $1
Wynn $5

Last edited by As2s3s4s5s; 05-26-2017 at 01:16 PM.

05-26-2017 , 01:30 PM

TRUSTtheDRAWCESS

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Join Date: Nov 2016 Posts: 2,775

Negreanu throwing a party in celebration?

05-26-2017 , 02:08 PM

SrslySirius

Animated Character

Join Date: Jun 2010 Posts: 4,357

I, for one, appreciate these measures to protect me from predatory regs. Now I can lose my paycheck in peace.

05-26-2017 , 02:39 PM

blakeatron

adept

Join Date: Nov 2012 Posts: 1,173

I mean it's still 10% up to $5 right?

05-26-2017 , 02:51 PM

RedOak

FUD

Join Date: Sep 2005 Posts: 722

Quote:

Originally Posted by As2s3s4s5s

what does $5 +$2 mean? is it $7 total rake?

05-26-2017 , 02:55 PM

A_C_Slater

Carpal \'Tunnel

Join Date: Oct 2004 Posts: 8,343

REEEEEEEEEEEEE!

05-26-2017 , 03:02 PM

DC2LV

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Join Date: May 2012 Posts: 3,185

Quote:

Originally Posted by RedOak

what does $5 +$2 mean? is it $7 total rake?

The +$2 means that there is a $2 promo drop that is ultimately returned to players in the form of bonuses for high hands, aces cracked, BBJ, etc., in addition to the $5 rake that goes to the house. But the bottom line is that yes, a total of $7 max (depending on pot size) can be taken out of play by the house on any one hand.

05-26-2017 , 03:05 PM

Amnesia_Haze

banned

Join Date: Sep 2016 Posts: 303

Quote:

Originally Posted by RedOak

what does $5 +$2 mean? is it $7 total rake?

The +1/+2 probably bbj/promotions that get taken from our pockets.

05-26-2017 , 04:36 PM

deleted acct

Guest

Posts: n/a

Sad to see, but I agree inevitable. I just hope the industry sticks at $5 for a very long time.

05-26-2017 , 04:42 PM

#10

lostinthesaus

old hand

Join Date: Feb 2011 Posts: 1,520

Gandalf - A brick and mortar poker room should...?

05-26-2017 , 04:45 PM

#11

R*R

I wish I was Einstein

Join Date: Mar 2007 Posts: 12,753

http://forumserver.twoplustwo.com/10...e-5-a-1668503/

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