Somebody help with a newbie question, Please! |
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Posted Wed Sep 03, 2003 11:31 pm GMT by dooner
Exactly how does the house make money with this game both online and at real casinos? I love poker and I have played with friends for years now. I am now considering playing online for fun but I never understood how the house makes money at this game. Somebody please explain, thanks.
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Posted Thu Sep 04, 2003 2:54 am GMT by TheMrLegendary
THE RAKE! 8)
Posted Thu Sep 04, 2003 3:51 am GMT by Zito
If your just starting out, you can beat the rake initially by finding a good bonus for starting an account. Read the posts here and figure out which site is best for you and buy in at a time that gives you a nice bonus. Every site has a sign up bonus, but a few have special times that they match even more.
Good luck.
Posted Thu Sep 04, 2003 8:04 am GMT by Sorak
I hate to sound condesending but I just wanted to be sure you knew what the rake was. 
The rake is when the house takes X% out of every pot. From what I have heard it isn't uncommon in a 3/6 game to have a 10% rake that maxes out at $2 for online play. Thus in a 3/6 game, online, the house could pull in $2 per hand at 60 hands per hour.
From what I have read actual casinos end up having a higher rake max but frankly it is just what I have read and not experience.
I hope that helps.
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