Quote:
Originally Posted by Highspirit1978
in casino niagara the rake is $6/.5 hour, which i find expensive. This is why I play tournies
Let's assume 10-handed table. This is $120/hr in rake. Seems like a lot, right?
Well, assuming 30 hands per hour, that's an average rake of $4/hand. Others ITT are reporting 10% to a max of $6. Obviously, not every hand maxes out, but IME > 2/3 of them do. That means 20x$6 ($120)
plus whatever is raked in the 10 small pots. I'd guestimate that your time rake is ~ the same as a 10% to a max of $5, which is not cheap, but not outrageous by current standards.
Meanwhile, it is rare to find a daily tourney that rakes less than 20%. I don't think you are making the correct value decision.