Quote:
Originally Posted by chillrob
Man, I was thinking about stopping there on my upcoming drive, but this is a crazy rake. Even the slightly lower amount on the limit games is terrible. How much is the rake at the Horseshoe Hammond or other Chicago area places for comparison?
This is a case where Illinois lawmakers have put casino operators behind the eight ball. Chicago area casinos could easily support twenty plus table poker rooms. Current Illinois laws are very restrictive on tables allowed. So for every poker table added a Blackjack, Craps, Slots, etc, etc is eliminated. We have seen an increase in poker tables in Illinois over the past two years. This is due to a decrease in casino revenues. If Illinois gaming revenues start to increase than the less profitable poker tables are the first to go. Under current Illinois regulations the poker room manager’s only option is to increase the rake for more revenues.
The $8 rake creates soft games. So for good players making adjustments this game should be just as profitable. I make it a point to play at all Chicago area poker rooms at least twice a year. Hollywood along with Grand Victoria’s no limit games have been very soft every time I have played.
The Chicago area rake structure is pretty standard. 10% is taken out until the max. The Horseshoe has a $5 max with a $1 bad beat. During the month of March players get a free buffet after four hours of play. Empress Casino has a $6 max rake on all games.