Quote:
Originally Posted by lebron_cramps
If I'm reading the above correct FD charges double the rake as DK. How do they justify charging double. I like the games at FD and enjoy playing them, but tbh if there charging double rake I feel like i need to run over to DK.
I don't play FD, so I don't know. Let me give you an example though from DK. Say you're playing a $5 heads up game. There would be $10 in the pool, but DK removes $1 for rake leaving $9. So you bet $5 and win $4, which is only 80% of your investment, but when I speak of rake percentage, I'm talking about how much is taken for rake out of each dollar wagered...which in this case is 10%.
Today there's a $5 GPP with a $2,700 prize pool. There are 620 entries. So that's a total of $3,100 wagered if the GPP fills up. That means $400 of the $3,100 is removed for rake. So divide $400 by $3,100 and you'll find the rake is 12.9%. Ok?