Raking uncalled bets!!

[tikay]

An hourly charge is also a "rake", this is not as clear cut as saying rake is bad , hourly charge is good.

For players such as Tom and myself the rake at DTD is not a hinderance as opposed to paying say £10 per hour.

Depends on the stake you play your cash game at compared to the hourly charge. The 2-2 Omaha which we played didn't that have a 5% rake with a max of 8£?  (I think, so correct me if I'm wrong on this one) I know I'd rather pay a tenner an hour than the above.

It depends very much on one's style of play. The more pots one plays then obviously the more rake one pays.

And thus, Compo pays £596 per hour, because he's in every pot, & Karabiner, depite paying the Max Rake on both hands he plays each night, contributes £16...... (that includes his OAP rebate)

[RED-DOG]

It's all relative though Brendan, depending on the amounts.

Would you rather pay £50 per hour, or 1% per pot?

[boldie]

An hourly charge is also a "rake", this is not as clear cut as saying rake is bad , hourly charge is good.

For players such as Tom and myself the rake at DTD is not a hinderance as opposed to paying say £10 per hour.

Depends on the stake you play your cash game at compared to the hourly charge. The 2-2 Omaha which we played didn't that have a 5% rake with a max of 8£?  (I think, so correct me if I'm wrong on this one) I know I'd rather pay a tenner an hour than the above.

It depends very much on one's style of play. The more pots one plays then obviously the more rake one pays.

I agree..but if we pay a max of 8£ rake per pot and would compare that with, say, a 10£ an hour table charge..everybody pays more when the pot is raked as we surely all play more than 1 pot an hour? I am not complaining about the rake at DtD but an hourly charge is much preferred if the hourly charge is reasonable...and it should be much preferred by almost all players in most cases. (unless you are the nit of all nits and I dare suggest most people in a live cash game (especially dealers choice) are not.

The main reason most people think they prefer a rake to be taken out of the pot is because they don't like paying a lump sum which they consider to come out of their poker budget for that evening, whereas they consider rake that is taken out of the pot to be coming out of their poker winnings.

If you take your average session I think you'll find that a table charge of around 10£ an hour is not actually more expensive.

It would be interesting to hear from someone at a place like DtD or a casino about what they think an average table charge (per hour) would actually be at each level..only then can you compare it to the rake they currently charge.

[AndrewT]

Raked pots are not bad per se, the problem is that venues are exploiting the fact that with raked pots it is difficult to track how much money is being taken off the table, meaning venues can set the rake at a level which would bring in more money than the equivalent hourly charge. Even the densest person can calculate how much the table loses when some guy comes round every hour and takes £10 from everyone.

Maybe one of the cash nits that plays at DTD or another raked venue can keep track of how much rake is taken in an hour as they sit there waiting to get dealt a hand in their opening range. It would be interesting to compare it to what the hourly charge would be for that table.

[RED-DOG]

Where has the word "Nit" suddenly come from, and what does it mean?

[boldie]

Where has the word "Nit" suddenly come from, and what does it mean?

You, of all people, should know

[AndrewT]

Where has the word "Nit" suddenly come from, and what does it mean?

An really tight poker player. Don't know they exact etymology but would guess it comes from the fact that poker nits hang on to their money the way head nits hang on to hair.

Of course, I now expect someone to say that it actually comes an old term of abuse for gay handicapped poker players and so shouldn't be used by people nowadays as some people may take offence.

[ericstoner]

For the unenlightened here is the dramatic effect the per pot rake can be a disaster for the players.

Based on the figures outlined n Pabs 'well' thread,and those seen live by me at the STAR city casino in Sydney.
At the $200 sit down cash table.At the Star, this means everone sits down with $200.
So on a 10 man table there's $2000 at the table.
Each pot is raked $8 max,and as I've said in another thread,ALL pots hit the max rake. plus theres a $1 per hand charge from each player.
So assuming 30 hands per hr, that's 30*8+30*(1*10)=$540 per hr
There assuming 10 sit down play for 4 hrs with no one adding money, and no new players means the house takes all the money the players sit down with.
I know this is an extreme, though true example, but it shows what can happen in an unregulated system,and this is my concern,if venues are allowed to squeeze they will and the poker community will suffer.
DTD charge according to Boldie £8 max per pot rake. Be aware folks
Thin end of the wedge. springs to mind.
Not all venues have management that are as caring of the poker community as Rob and co.

[boldie]

For the unenlightened here is the dramatic effect the per pot rake can be a disaster for the players.

Based on the figures outlined n Pabs 'well' thread,and those seen live by me at the STAR city casino in Sydney.
At the $200 sit down cash table.At the Star, this means everone sits down with $200.
So on a 10 man table there's $2000 at the table.
Each pot is raked $8 max,and as I've said in another thread,ALL pots hit the max rake. plus theres a $1 per hand charge from each player.
So assuming 30 hands per hr, that's 30*8+30*(1*10)=$540 per hr
There assuming 10 sit down play for 4 hrs with no one adding money, and no new players means the house takes all the money the players sit down with.
I know this is an extreme, though true example, but it shows what can happen in an unregulated system,and this is my concern,if venues are allowed to squeeze they will and the poker community will suffer.
DTD charge according to Boldie £8 max per pot rake. Be aware folks
Thin end of the wedge. springs to mind.
Not all venues have management that are as caring of the community as Rob and co.

Just to avoid any confusion..I think that's what it was when playing the 2-2 Omaha cash game..someone please feel free to correct me if I'm wrong.

[Claw75]

Where has the word "Nit" suddenly come from, and what does it mean?

An really tight poker player. Don't know they exact etymology but would guess it comes from the fact that poker nits hang on to their money the way head nits hang on to hair.

Of course, I now expect someone to say that it actually comes an old term of abuse for gay handicapped poker players and so shouldn't be used by people nowadays as some people may take offence.

 it actually comes an old term of abuse for gay handicapped poker players and so shouldn't be used by people nowadays as some people may take offence.

[AndrewT]

Where has the word "Nit" suddenly come from, and what does it mean?

An really tight poker player. Don't know they exact etymology but would guess it comes from the fact that poker nits hang on to their money the way head nits hang on to hair.

Of course, I now expect someone to say that it actually comes an old term of abuse for gay handicapped poker players and so shouldn't be used by people nowadays as some people may take offence.

 it actually comes an old term of abuse for gay handicapped poker players and so shouldn't be used by people nowadays as some people may take offence.

Is that an official AQA II answer?

[GreekStein]

The one time I made the long journey up to Nottingham a friend of mine was playing heads up against someone at a table at DTD and despite making the guy lose his initial buy in and 'dog's life' half buy in he actually ended up losing a small amount having played not much longer than one hour on the table!

I know Rob Yong is running a business but I feel their raking system is a little excessive when DTD is meant to be a venue that caters for the pure poker player. As a regular at the Gutshot in London I feel the same is true of this place. I myself dont mind paying these rake charges as I am not playing for a living and happy to support such places but i certainly wouldnt play anywhere in any venue that had house games (basically casinos) that raked a cash game as opposed to charging a session fee.

[Karabiner]

You are correct Boldie the rake at DTD for £1/£2 and £2/£2 is presently capped at £8.

The £5/£5 games are capped at £10.

These figures are not set in stone and may be(and have already been)adjusted if and when the management feel it is necessary.

[boldie]

You are correct Boldie the rake at DTD for £1/£2 and £2/£2 is presently capped at £8.

The £5/£5 games are capped at £10.

These figures are not set in stone and may be(and have already been)adjusted if and when the management feel it is necessary.

OK..if it is capped at 8£ and a table charge of a tenner per player per hour is thought of as the norm I would suggest every player should want to pay an hourly rate rather than a rake. I think this would only change once the hourly rate would go up to about 20£.

[Royal Flush]

So as Flushey says, never play in anywhere except a venue that hourly charges.

I hope i didn't say that, i have played in many rake venues but i always prefer the hourly charge.

Rake is fine as long as its reasonable, Vegas is usually pretty fair, having said that last time i was there i went to the bellagio because 30-60+ was 1/2 hourly charges!