Quote:
Originally Posted by raidalot
I don't have the data, and it depends on how players adjust, but I imagine the withdrawal fee equivalent of rake would be well over 50% of withdrawal amounts.
Player transfers would also have to be banned (or charged like withdrawals) which would lead to chip-dumping issues.
Withdrawal fees would be more likely to charge the winners which is an attractive feature. But its a non-starter because it exposes too clearly how much the house is taking out and because sites can't fully identify/prevent chip-dumping.
Thanks, sorry english is not my first language so it's hard for me to be clear.
I think you are right about the withdrawal fees, they would be massive to compete with 5-8bb rake.
I do think that net withdrawing players dont see a difference between paying rake and paying fee though, when i open pt4 i am aware of how much rake i have paid. I agree it may feel different mentally though seeing it go away in one large chunk.
The benefit i thought i saw was that recreational deposits would last much longer, but that is only beneficial to the site if they are taking table rake i suppose.
but in the end i agree, dead idea