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Old 07-25-2007, 12:15 AM
GaryTheGoat GaryTheGoat is offline
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Join Date: May 2007
Posts: 374
Default Re: Gulf Coast Poker Championship (WPT)

[ QUOTE ]
in a way, yes.
550 is the total cost of the event. 50/550=.09 (9%)
so 9 percent of your money goes to the house. I gues it's a difference in methodology

[/ QUOTE ]

Thanks Johnny,

I was just thinkin' about it like going to a bookie in the old days. ie lay 110 to win 100 (like payin' $10 juice to gamble for a $100)

I haven't placed a bet in years and don't know if it is still applicable or ever was for that matter.

GB
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