DEATH OF INTERNET POKER

[LEEVAN]

Any opinions on this? I reckon the rake will kill internet poker, if you look at the calculation below for ONE table running 24 hours a day IT could easily generate $1 million dollars a year in RAKE.
If in an extreme example 10 players sit down in January with 100,000 each, and play every hour (I did say extreme) in Early December ...........there is no money left...?


               
Days   Hours   Hours per Year   Rake per Hour   Rake for ONE Table running 24 hours a day   
365   24          8760                        120                                             $1,051,200.00   
               
   How many tables are there in the that world rake $2 a hand at 60 hands an hour........... ?
How much money is actually available in the world for playing poker?             

[bolt pp]

no replies?

you should've posted a topic about your pet, or some fella you met walking down the road.

you wouldve got a load of replies.

Example: i was walking down the road and tripped into the curb.

to my surprise i found an old ten pence piece.

how long have they been out of service for?

i wonder how many hands that coin had past through and how it got there?

blah blah blah ect ect.

you didnt expect to get replies posting a thread about poker did you?

[Rod Paradise]

time of the month?

[Ironside]

his replys are on his orginal thread here

he posted it on the blondebash board and it was moved to internet poker

[bolt pp]

still slim pickings.

time of the month?

when i drink too much brandy?

thats just time of the day

[bolt pp]

his replys are on his orginal thread here

he posted it on the blondebash board and it was moved to internet poker

plus they were from the boring people, especialy the one who likes to correct grammer

[TightEnd]

Please don't call a fellow poster boring. What floats their boat may not be what floats yours but that's life!

[redsimon]

               

   How many tables are there in the that world rake $2 a hand at 60 hands an hour........... ?
How much money is actually available in the world for playing poker?             

No it will not. Just as a $4+ rake 30+ hands plus per hour isn't killing live poker in the USA.

[mex]

lol Is there enough money to left?

Same can be said of food, and everything else.

see the money goes to site, site pays employies,, they buy stuff, this pays more employies, and so on......
The money will eventually make its way back to you in one form or another.

this is a fairly basic concept called an economy, there are many books on this subject at your local library under the economics section.

Unless the poker rooms just lock it all in a big cupboard......................... oh sh........... best start bartering goods, anyone wanna swop a playstation 2 for a 24 pack of beer

[thetank]

What brand of beer? I might be interested.

To keep bolt happy.......

Hands I had today  ,  , 

[thetank]

I agree with mex though, ecomonics and the flow of money. (Although I never did GSCO economics)

Rake money goes to adverts, which goes to pays journalist's wages, which pays for lap-dancers wages, which pays for their online deposits. 

It doesn't all go in a big hole, there will always be money to gamble from someone.

As an industry, it's still growing. It will peak, but it has not done so yet.

[bolt pp]

What brand of beer? I might be interested.

To keep bolt happy.......

Hands I had today  ,  , 

well i'm not happy!!!

the 4000stts is over(well done by the way)

 and i cant even remember what you look like with a hat!!!

nice 2 6  though, did you limp looking to re raise or just kick the compter screen off the desk as i usualy do.
 

[thetank]

Definately a limp re-raise jobby that one.

The hat may make a comeback (if I can find it) and your t shirt is in the post.

[bolt pp]

Definately a limp re-raise jobby that one.

The hat may make a comeback (if I can find it) and your t shirt is in the post.

well i have been waiting!!

dont think it would be any use though, since the kids that hang around outside where i live told the postman that i called him a mug my letters/parcels tend too turn up with a mysterious dampness about them.

[ACE2M]

Definately a limp re-raise jobby that one.

The hat may make a comeback (if I can find it) and your t shirt is in the post.

well i have been waiting!!

dont think it would be any use though, since the kids that hang around outside where i live told the postman that i called him a mug my letters/parcels tend too turn with a mysterious dampness about them.

You really know how to endear yourself to the masses bolt, your my hero. larry david esk. (anyone who has not watched curb your enthusiasm should find the means and time to do so)