Raking A Poker Game
For once, this is a blog series that it’s ok if you missed the first part. In the first segment, I covered running your own home game poker tournament and how to do it successfully. Honestly,there is probably a lot of crossover between running a tournament and a cash game, so maybe I’ll retract my first statement and recommend you read Part One first. I promise you it’s a good read🙂
What I’d like to cover today is running your own home poker game, specifically a cash game. Just to make sure that we are all on the same page, a cash game is a poker game where people buy-in fora certain amount of money and are able to cash out and leave at any point in time. The opposite of this would be a tournament where there is an entry fee, and players play until someone has allof the chips. I know you probably already knew this, but you can never be too careful on the internet these days. I have had several people think that a cash game referred to any poker thatinvolves real money regardless of structure.
Now that we’re all on the same page, I do want to drop the same disclaimer that I dropped in the first article. Running your own home poker game may or may not be legal depending on where youlive. I highly recommend doing some research and making sure that what you’re doing isn’t going to end with you in handcuffs. This is ESPECIALLY true if you are going to be running a game forprofit which I will get into in a minute.
Poker rake is a fee taken by the poker room as payment for running a poker game. It’s usually collected as a percentage taken from each pot ranging anywhere from 0 to 10% of the total pot. Most rooms only take rake from the pot if a flop is seen; this is referred to as the ‘no flop no drop’ policy.
Casino Poker Rake
- The rake, the money the casino takes in exchange for letting you play, is a key determining factor of whether or not any game is potentially profitable. Continue Reading. (Visited 10,134 time.
- Poker Table Rake. The rake is defined below for each game which we spread. We do not charge rake if the hand ends on the first betting round (before the flop in Hold’em or Omaha). ‘Number of players’ in the tables below refers to the players who were dealt into that particular hand, not the number seated at the table. True Percentage Rake.
- With the Weighted Contributed Rake Calculation, players earn more credit based on how much rake they contribute to a pot. So a player who sticks it out until the end of the hand and contributes $2 in rake to a pot will earn more credit towards their bonus release than a player who only contributed $0.25.
- The rake is the only way that the house (host casino) can make money directly on Poker (of course a casino can earn indirect revenue from players through food and beverage sales, etc.); the house is not wagering on the outcome of the game so it has no vested interest in any particular result, and it does not have the 'house advantage' that it.