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Originally Posted by SeaUlater
But clearly you don't see how it is simply another way of taxing players....
The whole idea of collecting jackpot drop, tax it 15%, then rebate it back to the pool as promotion is just clever way of milking customers.
I don't think anyone is misunderstanding that this is a tax, and it offends me that the WSGC allows this slight of hand. But the point is that $3+3 is actually $3.30 or $3.45 rake, not $6.
But $3.45 is still better rake than you'll find virtually anywhere else in the United States! I used to crush a 5-10 FK O8 game in Detroit with 10% to $6. We truly are blessed in this regard here.
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If given the choice, I would rather have the money stays directly in the pool with no drop.
Sure, holding constant the quality of opponents--but as noted, that's not really a constant. I know you know that bad opponents are money in your pocket--I daresay even one really bad player's value over replacement value is much more than the $0.50 more a hand coming off the table.
And again, people routinely beat games with higher rake all over the country.
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Plus it is pretty standard to tip 10 to 20% off that jackpot.
I learned 3-5% when I started on 2+2. If I win $500 I'm probably giving a good dealer $25, not $50. We can discuss this on the tipping thread--I'm a little worried some overactive mods will think I'm trying to make this about tipping, which I'm not.