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Is 5% up to  a standard rake? Is 5% up to  a standard rake?

01-29-2011 , 06:02 PM
the drop at my room is 5% up to $5, is that low? high? standard?
Is 5% up to  a standard rake? Quote
01-29-2011 , 06:20 PM
Quote:
Originally Posted by 8o8
the drop at my room is 5% up to $5, is that low? high? standard?
It's low, most rooms are 10% up to whatever.

But do they use silver on the table and rake quarters?
Is 5% up to  a standard rake? Quote
01-29-2011 , 06:20 PM
Las Vegas is 10% up to $4.

I tend to think of anything more than that as high.
Is 5% up to  a standard rake? Quote
01-29-2011 , 11:44 PM
Quote:
Originally Posted by Dealer-Guy
It's low, most rooms are 10% up to whatever.

But do they use silver on the table and rake quarters?
50c is the smallest denomination
Is 5% up to  a standard rake? Quote
01-30-2011 , 04:21 PM
Las Vegas poker rooms have the most competitive rake structures. Venetian is 5% capped at $4. Most CA casinos drop $5 plus $1 jackpot. Offshore casinos tend to have much higher caps because the government is taxing the rake. Macau casinos rake 5% up to 4BBs. Seems high, but the games are well worth it.
Is 5% up to  a standard rake? Quote
01-30-2011 , 04:47 PM
$5 max is standard in my area, but it's 10% at most rooms and up to ~15% at one room.

Seems like the room you play in has a fairly player-friendly rake compared to some I've read about on here.
Is 5% up to  a standard rake? Quote
01-30-2011 , 05:51 PM
anytime i see a thread like this i remember how disgusting the number is for how much i've paid in rake. i didn't realize how much i paid in rake online until I got rakeback from FT and got $1400 that month. i don't mind paying rake/time at a place like the wynn, they're good to the regs, in contrast to somewhere like the bellagio, where, you paid rake and were lucky if you could find a floor with a comp almost anytime.

wrt the thread; rake in vegas is good, rake in cali isn't as good, rake at indian casinos is usually bad, and rake in home games/underground games or w/e is almost always so high the game becomes hard to beat. if you're playing in a game where the rake isn't capped or is capped at $20, you're in a bad game. $4 capped/10% is a good deal in contrast to what others charge.

if you have the option, play time games imo. i'd rather pay $10 or $12/hr to the house than pay rake. but when i think about paying time...i think about my hourly rate, and when you include tokes, you're paying about $18-$20/hr to play cards. <pukes>
Is 5% up to  a standard rake? Quote
01-30-2011 , 05:58 PM
Quote:
Originally Posted by BenRunkle
Offshore casinos tend to have much higher caps because the government is taxing the rake.
they have higher rake caps because the customers apparently will willingly pay it

profit margin is irrelevant when customers have free choice
Is 5% up to  a standard rake? Quote
01-30-2011 , 06:36 PM
East coast. Delaware Park, And Atlantic City are 10% to 4.00. Anything in PA is 10% to 5.00 except any casino owned by Penn National. Those are either 10% to 6.00 or in the case of Charlestown WV, where you typically wait one and a half hours for a table because of nearby Washington DC at 1/2 NL 2/5 NL and 3/5 LHE, it's $6.00 per half hour dealer down and they are happy to pay it.
Is 5% up to  a standard rake? Quote
01-30-2011 , 06:55 PM
Quote:
Originally Posted by TxRedMan
if you have the option, play time games imo. i'd rather pay $10 or $12/hr to the house than pay rake. but when i think about paying time...i think about my hourly rate, and when you include tokes, you're paying about $18-$20/hr to play cards. <pukes>
This is why paying time in a low stakes game is always a bad idea imo. You don't want 1-2/2-5 players doing the math in their heads and exclaiming their "discovery" to the table.

At higher stakes, where the amount paid isn't nearly as relevant, time is all the more fair, and a better way over all.
Is 5% up to  a standard rake? Quote
01-30-2011 , 09:19 PM
Quote:
Originally Posted by Dynasty
Las Vegas is 10% up to $4.

I tend to think of anything more than that as high.
Define "Las Vegas"...

If you mean by the bigger rooms like B, V, MGM, Aria, then yes, 10% up to 4 with no jackpot drop is pretty standard.

Most other places rake 10% up to $5, some with $1 jackpot drop which is effectively a $6 rake per hand. I dont have a list or anything, but I seem to remember on my last trip, a lot more places doing max $5+1 now, like Ballys, Harrahs, PH, Mandalay Bay.

It's pretty disingenuous to make it sound like all of vegas rooms rake max 4 with no drop, where it's actually the exception nowadays. Most are $4+1 or $5+1.

Most are at least still no flop no drop...

To answer the OP's question, the industry standard is 10% up to $4 or $5 and if they drop for a jackpot, then usually $1 extra per hand.

Some places do more rake like max $6, some do $2 jackpot drop. You will find more stuff like this in places with less competition. Time rake is unheard of below 5/10.

I dont think I would NOT play at a room because they raked max $5 instead of max $4, thats pretty damn nitty.
Is 5% up to  a standard rake? Quote
01-30-2011 , 09:21 PM
If you are a losing player, the rank doesn't matter, since the rank is effectively paid by the winning players.

This is based on the idea that if there was no rake the same players would lose and the same players would still win, so the rake is coming out the winning players pockets.

In Las Vegas, with it's competition, the best room have a max rake of $4 and do not force the bad beat rake nonsense on the low limit players. Very few poker room managers are dumb enough to attempt taking a bad beat rake from the high limit players.

There is a poker room east of Oklahoma City that has a $3 rake plus $1 for the bad beat and generous comps for food.

It is becoming common in areas without adequate competition to have a rake of 5 plus 1. This translate into the house(with auto shufflers) taking anywhere from $150 to $200 an hour off the table. This makes it very difficult in the long run to win.

If your only option is a room with a rake higher than $6, it is obvious that your area doesn't have enough competition for your business. So try starting a home game.

Last edited by frederick; 01-30-2011 at 09:33 PM.
Is 5% up to  a standard rake? Quote
01-30-2011 , 09:49 PM
Quote:
Originally Posted by asdfasdf32
This is why paying time in a low stakes game is always a bad idea imo. You don't want 1-2/2-5 players doing the math in their heads and exclaiming their "discovery" to the table.

At higher stakes, where the amount paid isn't nearly as relevant, time is all the more fair, and a better way over all.
i've never seen a game below 5/10 NL or 20/40 Limit pay time, and I don't think that will ever change. But yes, you're much better off paying time than paying rake in games 5/10 and above, usually, sometimes this is offset by slow players/slow dealers or, the worst, when you have a slow dealer and a slow table. I hate it when I get the button once during the dealers down and I'm paying $6 in time. But on average, if you assume 22 hands per 1/2 hr, it would be easy to rake $80-$88 frequently, where as time is (assuming a nine handed table) 9x6 or $54. The difference over a 10hr session could be as much as an extra $600 on the table.

i always thought it was funny that higher limit players got better service and more comps than low stakes players, b/c on average I would say the raked 2/5 NL games make more money for the house than a time 5/10 or 10/20 NL game. especially in short handed mixed games, where you only have 7 players paying $8/half hour playing 50-100 mixed. it's really backwards when you also include the fact that dealers often times won't make anymore than on their other downs, plus with the house making less money, and these games are almost literally up on a pedestal<sp> (re:top section, a few steps above the main floor) being served steak and shrimp and whatever else.
Is 5% up to  a standard rake? Quote
01-30-2011 , 09:54 PM
Quote:
Originally Posted by frederick
If you are a losing player, the rank doesn't matter, since the rank is effectively paid by the winning players.

This is based on the idea that if there was no rake the same players would lose and the same players would still win, so the rake is coming out the winning players pockets.

In Las Vegas, with it's competition, the best room have a max rake of $4 and do not force the bad beat rake nonsense on the low limit players. Very few poker room managers are dumb enough to attempt taking a bad beat rake from the high limit players.

There is a poker room east of Oklahoma City that has a $3 rake plus $1 for the bad beat and generous comps for food.

It is becoming common in areas without adequate competition to have a rake of 5 plus 1. This translate into the house(with auto shufflers) taking anywhere from $150 to $200 an hour off the table. This makes it very difficult in the long run to win.

If your only option is a room with a rake higher than $6, it is obvious that your area doesn't have enough competition for your business. So try starting a home game.
not true.

the rake is paid by the winner of the hand.
so if a player wins not a single hand ever, he pays no rake. clearly he is losing money.

if he wins at least one pot, he pays rake.
he might or might not be a winning player.
Is 5% up to  a standard rake? Quote
01-30-2011 , 09:54 PM
Borgata has time for the 2/5 game - $5 for 30 minute
Is 5% up to  a standard rake? Quote
01-30-2011 , 09:58 PM
Quote:
Originally Posted by ggeyler
Borgata has time for the 2/5 game - $5 for 30 minute
This is great news. Hope it starts a trend on the east coast
Is 5% up to  a standard rake? Quote
01-30-2011 , 10:51 PM
Loved how almost immediately after Mohegan announced it's poker room opening Foxwoods changed from time to rake on 1/2 and 2/5 NLH. Competition makes for wondrous improvements.
Is 5% up to  a standard rake? Quote
01-31-2011 , 02:23 AM
Quote:
Originally Posted by layemdown
East coast. Delaware Park, And Atlantic City are 10% to 4.00. Anything in PA is 10% to 5.00 except any casino owned by Penn National. Those are either 10% to 6.00 or in the case of Charlestown WV, where you typically wait one and a half hours for a table because of nearby Washington DC at 1/2 NL 2/5 NL and 3/5 LHE, it's $6.00 per half hour dealer down and they are happy to pay it.
3/6 LHE is pot raked at CTown, 10% to $6, not time. 1/2 and 2/5 NL are time charged at $6 per down. The only real time you have to wait that long for a seat are the super busy times on Friday night and late Sat afternoon/evening when the crowds are very heavy. There are many other times where you can walk in and there is open seating or a very short wait. I honestly thought you had turned a new leaf on this, but you seem just driven to portray CTown in the worst possible light every time you get the chance. I'm sorry your favorite room at Del Park doesn't have the crowds that CTown does, but could you please stop crapping on other people's choices just because you disagree?
Is 5% up to  a standard rake? Quote
01-31-2011 , 03:20 AM
Quote:
Originally Posted by Dynasty
Las Vegas is 10% up to $4.

I tend to think of anything more than that as high.
I wonder what stakes 10%/$4 is more than 5%/$5. Next time some is board at a 1/2NL table or a 4/8 limit table, record data.
Is 5% up to  a standard rake? Quote
01-31-2011 , 06:38 AM
Quote:
It's pretty disingenuous to make it sound like all of vegas rooms rake max 4 with no drop, where it's actually the exception nowadays. Most are $4+1 or $5+1.
I think only Harrah's properties are 5+1. Most others are 4+1 or just 4. Some Coast properties (Orleans and Suncoast come to mind) are 3+1 and stud8 is just 3 with no jackpot drop.

The only place I have ever seen 5% up to $5 was Canterbury in Minneapolis at 6/12+. The 2/4, 3/6, 4/8 and non holdem games were 10% up to $5.
Is 5% up to  a standard rake? Quote
01-31-2011 , 07:41 AM
i've never seen a rake lower than 5 in michigan, and i'd say the majority are 6. also +1 the bad beat drop in those rooms that have them. i don't necessarily get why this is, especially because there is a LOT of competition given casinos and charity rooms all over.
Is 5% up to  a standard rake? Quote
01-31-2011 , 08:39 AM
Horseshoe in Council bluffs,Iowa is 10% $5.50 with a $1 high hand drop in 3/6limit and 1/3nl.
Is 5% up to  a standard rake? Quote
01-31-2011 , 08:50 AM
Quote:
Originally Posted by TxRedMan
i've never seen a game below 5/10 NL or 20/40 Limit pay time, and I don't think that will ever change. But yes, you're much better off paying time than paying rake in games 5/10 and above, usually, sometimes this is offset by slow players/slow dealers or, the worst, when you have a slow dealer and a slow table. I hate it when I get the button once during the dealers down and I'm paying $6 in time. But on average, if you assume 22 hands per 1/2 hr, it would be easy to rake $80-$88 frequently, where as time is (assuming a nine handed table) 9x6 or $54. The difference over a 10hr session could be as much as an extra $600 on the table.

i always thought it was funny that higher limit players got better service and more comps than low stakes players, b/c on average I would say the raked 2/5 NL games make more money for the house than a time 5/10 or 10/20 NL game. especially in short handed mixed games, where you only have 7 players paying $8/half hour playing 50-100 mixed. it's really backwards when you also include the fact that dealers often times won't make anymore than on their other downs, plus with the house making less money, and these games are almost literally up on a pedestal<sp> (re:top section, a few steps above the main floor) being served steak and shrimp and whatever else.
That's one hell of a fast dealer and set of players. 22 hands per hour is more likely.
Is 5% up to  a standard rake? Quote
01-31-2011 , 10:32 AM
Quote:
Originally Posted by Phineas T Poker
3/6 LHE is pot raked at CTown, 10% to $6, not time. 1/2 and 2/5 NL are time charged at $6 per down. The only real time you have to wait that long for a seat are the super busy times on Friday night and late Sat afternoon/evening when the crowds are very heavy. There are many other times where you can walk in and there is open seating or a very short wait. I honestly thought you had turned a new leaf on this, but you seem just driven to portray CTown in the worst possible light every time you get the chance. I'm sorry your favorite room at Del Park doesn't have the crowds that CTown does, but could you please stop crapping on other people's choices just because you disagree?
You're being overly sensitive. All I said was that Charestown gets big crowds at 6.00 per down. I didn't say AC/Del Park, Harrahs Chester or Parx is a better option because they rake less. Charestown gets big crowds because of their location. People play where they play and nothing you or I write will affect that, but why don't you stop reading things into a post that aren't there.
Is 5% up to  a standard rake? Quote
02-01-2011 , 12:27 AM
now that i think of it it's 5+1BBJ
Is 5% up to  a standard rake? Quote

      
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