Quote:
Originally Posted by Gzesh
I have actual experience watching a poker network very carefully for a number of years.
Historically, and roughly speaking, back when limit holdem was the norm, sites raked about 40 to 45% of deposits, this held day after day on a daily basis for years. It was surprisingly consistent. The other 55% - 60 % went out as cash outs.
This is really interesting. Did you work for a poker network? Which one was it?
Quote:
Originally Posted by Gzesh
With NLH taking over, the gross rake as a % of new deposits dropped to around 35%.
Some players, heavy depositors, generated rake of only 10% of their deposits rake from their play; other players, who were consistent winners and almost never deposited, generated rake > 100% of their very infrequent deposits.
These estimates held for stakes around $1-2.
So this is during the poker boom, around 2003-2006.
With such a huge social trend, you'd have a massive increase of depositors who lose very quickly. Seems to me that would be why the percentage figure is so low.
Would you agree? I guess that is what you are saying here.
It makes sense anyway, losing players generate the least amount of rake. Breakeven and winning players generate the most rake.
Although, a lower percentage is not always bad for the site of course, if say the total amount deposited is 10x that of another period with higher %.
(i.e. 35% of $10M > 90% of $1M)
When you say '55%-60% went as cash outs', I find that surprising - wouldn't (at least some) winning players try to build their roll to play higher stakes?
(I'm sure players at all levels wanted to move up and be the next Moneymaker/Ivey/Dnegs)