not to mention Allen Kessler and Poker Bunny:

https://twitter.com/AllenKessler/sta...27894800138247

It's weird to me how many people are saying 20% rake here. I always viewed the rake as a percentage of the total amount you pay to play.

So a $1,000 tourney with $150 of it being withheld for the room would be a 15% rake in my eyes. But it seems like the masses view it differently on a scale of 2:1 based on the votes.

Regardless of your opinion, 500+100 for a MTT is extremely high, I would avoid it if I were you.

Yes, it's very high. At my local casino we have $600 + $60 tournaments with fantastic structures.

Agree with you. Imagine a $100+$100 tourney. Is it 100% rake? The clear logical implication is there’s no prize pool if rake is 100%.

Yes, I would say that in that case the tournament fee is equal to 100% of the fee-less tournament buy-in, which is how tournament fees are normally calculated.

For the $600+$60 tournament, how many runners? how much at the top? Last month Lodge had 8 starting flights, 2000+ runners and $200K at the top for the $500+$100. Need to consider the cost of running these tournaments. Each of the 8 flights ran around 10 hours and then another 15 hours on day 2. That's almost 100 hours of dealing on 15-20 tables on average.

Disagree that you can say that's how they are "normally calculated" especially since in a pretty sizable majority of listings, only the complete buyin+entry fee is listed. Relatively few places list tourneys as "180+20" or what have you.

Also disagree that it makes the most sense to say the rake is 100% if half the money taken in is kept by the casino.

Also there is a freeroll with a min pool of $50k for the top finishers in the Lodge tourney which adds some additional value.

I have no clue why this thread title remains unchanged after being edited to incorrectly state it's the same rake as comparable WSOP events. I provided evidence to a moderator this is false.

Maybe the WSOP should do some events in Round Rock then.

Just rake them hourly like cash games. Ez game

Technically the tournament is not charging rake, it’s charging a seat fee.

from what I have seen this texas room has like 1/5th the rake of ontario cash games. Why you guys complaining I might move to texas

Just take care of your employees, the rest will take care of itself.

Doug Polk is confirmed busto! It's 2:30 am in Austin, Texas and he is grinding a 200 dollar buy-in at Lodge which for whatever reason is called a "freeroll". The prize pool at 30K for a 8 hour tourney is nothing to sneeze at though.

In spite of being a tourney fish, Doug is holding his own with 11 left out of 180. I doubled him up early. UTG raised which in these tourneys often means a top 5% hand. These players love to limp with the remaining playable 25-30%. So I just call with AJs at UTG+1. MP2 calls, cutoff calls and Doug shoves his 25ish bb stack from big blind, completely oblivious of the fact that UTG raisers with 50 BB stack rarely ever folds in these tourneys. He raised UTG, and he would see a flop, no matter how many big blinds it will take him. But miracles do happen and he reluctantly folds. With so much dead money, I quickly call. Doug sheepishly turns over T9o (not even suited!!!) and says "you got me". Flop Q33, turn 9 and a shocked MP2 says "I folded pocket nines!"

Take it down, Doug!

Doug berated Dnegs after Pokerstars increased rake and Daniel made an argument that in some cases more rake can be better for the amateur players.

Has rake increased at The Lodge since Doug came on board? Or was the rake just high to begin with? If the rake hasn't increased since Doug came on board, then anyone bringing up the Dnegs stuff is just detracting from the point at hand. The point being, is the rake too high in the first place.

If the rake has increased since Doug came on board, then by all means continue with the Dnegs references.

Doug,

I admire you as a poker pro, but the way you respond in this thread is like your some war hero from WW1.


Peace tho and best of luck with the cardroom/s.

Doug gave it his best, but like any other tourney fish on a heater, he was always going to be especially weak in Heads-up format.

Doug

This dealer need to be instructed - deck must be hold horizontally.


/derail

There was a post on Twitter from Kessler about a $120 rake on a tournament. I looked into it and it was $70 house fee and $50 staff fee.

While the house fee seems 'fine' if you try to break it down into 'seat' fees, but the staff fee seems a bit steep over the same amount of 'hours' played. It would be interesting to see how the staff fee is distributed within 'the company'.

As Doug has established, even within this thread, the tournament fee structures were already established before he bought in.

If the Players keep coming .. and the staff is happy .. are we just attacking because it's Doug?

Do we attack the local gas stations who charge $1.50 for a fountain drink that is probably less than $0.25 in cost? Did we attack the 'original' bottled water companies for charging for, of all things .. water! GL

answer20 I agree with you and Doug, more rake actually is better.

he stated in a video somewhere there was actually a $120,000 overlay in that tournament so really it was negative rake.

Really enjoying the livestreams and hope to make it out to the Lodge to play in some games. Looks a really fun venue! Would be cool to see more high stakes heads up livestreams between Doug and well known pros.