Re: Can this structure be beaten on a consistant basis?
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Buy-in, $60 gets you t4000, rake 25% of buyin
Dealer Add-on $10 gets you t1000, rake 50% of add-on
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I still think you guys are getting it wrong.
The way I read it:
Out of the $60 entry fee the house keeps 25% = $15; $45 goes to prize pool
Out of the $10 add-on fee the house keeps 50% = $5. $5 goes to prize pool.
Total fee paid $70, house keeps $20, $50 goes to prizes.
So the tournament is effectively $50 + $20. That's a 40% vig.
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