A friend of mine thinks that having rake on the sites is good because of rakeback/bonuses etc. He says this helps breakeven players get something at the end of the month.
I tried to explain to that guy that with no rake you would have 60-70 percent more compared to the 30 percent rake, as no rake means more money in the pots you win.
So which is better? Rakeback or no rake?
no rake for sure, rakeback is like 30%, no rake = 100% rakeback, its that simple, with no rakeback breakeven players would be winning players, simple
No rake would mean, no money for the site. So the site would not have money to invite the fish. (advertising).
No rake would be the most profitable however the poker site wouldnt survive without it!
Originally posted by Reanimater
thats a good point but zynga does not charge anything and has tons of players?
They don't offer real money games so have different regulations than a site like PokerStars
The way Zynga makes money is:
Source: http://articles.businessinsider.com/2011-09-28/research/30211715_1_video-ads-zynga-banner-ads
Pokersites main income is ofcourse the rake and 888 recently started to brand their tables with other brands (heineken etc.)
- Gerv
Surely if you pay a dollars rake and then go busto the next hand you still keep 27 cents you'd otherwise have lost.
Originally posted by lynius
Surely if you pay a dollars rake and then go busto the next hand you still keep 27 cents you'd otherwise have lost.
yes, if you lose EVERY hand then rakeback is better...
on most stakes if you break even you are actually beating the game for around 6bb/100.
The rake is pretty killer
your friend is completely clueless, I payed like $900 last month rake @ 888 poker and only got something like $81 back cuz of my fail rakeback, didn't deposit money there so only had 9% rakeback. My total profit for the month is 550$, so I mean if there was no rake my total profit would be $1550 which is pretty god damn sick, so I make $550, and pay $1000 RAKE. So tell me how fair is that, 888 poker sit there while I play 5 hours a day, and they MAKE more MONEY than me for just sitting there ROFL. I wish there was no rake, I'd be grinding like a BAWS
Originally posted by CallumN
on most stakes if you break even you are actually beating the game for around 6bb/100.The rake is pretty killer
That's cheered me up after I've been a b/e player for too long. Looking forward to getting my grind and study on however 
people have no idea of how they are being raped by rake. breakeven microstakes players would win@5bb/100 (or something) if there was no rake. people who win at 2bb/100 are actually winning at 7bb/100, but 80% of their profit goes to the poker room.
There is some (or at least one) poker site which is not taking any rake on the tables, but if you withdraw some money, they'll take 10% (or something like that) of that money every single time you withdraw money.
Before it opened I had good hopes for this site, but their population is literrally 0.
I think this proves that the vast majority of the players have absolutely no idea about how much they pay in rake. And anyone who prefers to receive their weekly/monthly/etc flat rakeback over not paying rake at all is.. well, a recreational player at best and nowhere near to be a winning player because that requires common sense.
Sorry to be harsh, but that's the truth considering how ridiculously high the rake is.
Originally posted by Tarhonya
There is some (or at least one) poker site which is not taking any rake on the tables, but if you withdraw some money, they'll take 10% (or something like that) of that money every single time you withdraw money.Before it opened I had good hopes for this site, but their population is literrally 0.
I think this proves that the vast majority of the players have absolutely no idea about how much they pay in rake. And anyone who prefers to receive their weekly/monthly/etc flat rakeback over not paying rake at all is.. well, a recreational player at best and nowhere near to be a winning player because that requires common sense.
Sorry to be harsh, but that's the truth considering how ridiculously high the rake is.
yup
people is getting raped by rake. they don't realize that they are paying thousands a month (probably more than what they earn in a their job) to use a service.
unfortunately, things aren't likjely to change unless regs really get together and protest. and that's unlikely
Originally posted by Tarhonya
There is some (or at least one) poker site which is not taking any rake on the tables, but if you withdraw some money, they'll take 10% (or something like that) of that money every single time you withdraw money.
exactly why the recreational players dont wanna play there. fishes dont mind giving $3 as tips if they win $200 pot, but cringe at the idea of having to pay 10% of wtv amounts they luckbox since they phyiscally see a lump sum of $ going out. same reason y ppl choose to pay installments knowing they end up paying way more
Originally posted by supeyrio
exactly why the recreational players dont wanna play there. fishes dont mind giving $3 as tips if they win $200 pot, but cringe at the idea of having to pay 10% of wtv amounts they luckbox since they phyiscally see a lump sum of $ going out. same reason y ppl choose to pay installments knowing they end up paying way more
Well yes, obviously, I just thought at least some people would play there since they could gain money from even only slightly weaker opponents where they couldn't before due to the rake.
Maybe it's just poorly advertised, I don't know.
Funny thing is that nowadays we (non-recreational players) don't care about the rake difference between sites as long as we can play against fishes...... so we can overcome the rake.
.com helps you save money and earn more by getting cash back on online poker table rake and tournament fees.
PayNoRake is that they are giving away 100% rakeback to their most loyal players.
Originally posted by vmarqui
people have no idea of how they are being raped by rake. breakeven microstakes players would win@5bb/100 (or something) if there was no rake. people who win at 2bb/100 are actually winning at 7bb/100, but 80% of their profit goes to the poker room.
I'm currently at nl2 and my rakerate is 4-5bb/100. I always thought this bullshit ends somewhere near nl50 and the rakerate is around 1bb/100 there?
Originally posted by harry121
....com helps you save money and earn more by getting cash back on online poker table rake and tournament fees.
PayNoRake is that they are giving away 100% rakeback to their most loyal players.
we are not allowed to advertise affiliate sites other that pokerstrategy.com here.
