Re: Why is SNG rake so high?
1) Lee's argument about overfishing is really crap..
To maintain the balance between good players and bad players, the amount of money in the poker "economy" must be stable or growing.
Obviously, rake is money taken out of the economy never to be returned. Thus, it must be balanced by the money that is deposited for the economy to stay stable (or, ideally, grow)
Obviously, not 100% of a fish's losses are withdrawn by other players - a chunk of it is played with again, and some is lost to other fish, and so on.
If you want to prevent a dwindling poker economy, as Lee seems to suggest (although he uses the phrase overfishing), the single and only thing to do is to reduce the rake.
2) the clearest comparison for SNG rake players is the $/hr paid in rake.
the biggest cash games don't pay much mroe than low stakes NL player - someone can get the figures if they want.
by contrast, the biggest SNGs pay many times as much. this is why SNG players hit SNE first - 'cause they pay so much more rake.
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