Quote:
Originally Posted by Bobo Fett
None of that really matters; what's important is how much goes into the jackpot, and how much is paid out.
Of course if your numbers are correct, and they looked the same across all games/stakes that contribute, that would be a problem.
Did a little research myself, and found this:
https://www.ggpoker.com/help/poker-faq/
If it were me, my issue would be with this. If I'm understanding that correctly, 50% of the jackpot fee is essentially rake.
Luckily it's not quite a correct understanding.
The game does not collect rake in the traditional way - pot can be folded preflop or 4-way all-in for 10.000$, it will be the same amount of rake collected.
Rake is collected as a fee paid by each player, every hand before the game starts. At 0.10/0.25, this fee is 2c. 1c will go directly into the jackpot. 1c is collected as rake - this will generate rakeback. Each hand therefore adds 0.35c rakeback (assuming the standard 35% GGpoker deal), 1c to the jackpot and 0,65c to GGpoker.
If we wanted to find a shady practice here, it's the fact that you can never win more than 1% of the jackpot. This means that the jackpot will be a big pile of enticing money that you can never win. This is probably meant as advertising though, as GGpoker generally has a very low level of rake, but looks and feels shady.
Just look at their tourneys, if you want to get a feel for their vision of the raketabel. 5% rake, before 35% rakeback. T$ tournaments are rake-free. Staking is rake-free. 100k monthly tournament leaderboard. I don't see another network matching that. (Which is why I worry about the longterm health of the network)