Quote:
Originally Posted by middlebridge
Thanks for the info. Sounds like they are pricing out short stackers which is great!
Middlebridge,
At $10 a hand, they are pricing almost everyone out. If you win say three hands an hour, that is $30 in rake. Compare it to the standard $5 a hand, or the time charge at most places (approximately $12-$14 an hour for PLO and red chip games) and it effectively costs each player $15-$16 an hour more to play. Imagine how many break even or small winners and/or losers (that are the bread and butter of poker rooms) will now over a short period of time notice how drastically worse their results are with no visible change other than this overbearing rake. People that play fulltime will now pay an extra $30,000-$36,000 yearly (2000 x $15 or $16-$18). Very few people (pros, recs, etc.) can withstand this, let alone prosper, and even those that can financially will certainly be put off by their drastically reduced results. This will have the effect of making the games much tougher, and lesser in number, which is bad for everyone, including casino management/ownership. It is very short sided by management in my opinion as in the long term they will lose many of their best customers, and the ones that replace them will have a short shelf life.
Tuffbeat