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Old 10-07-2007, 04:17 PM
Moneyline Moneyline is offline
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Join Date: Jan 2005
Location: Bruce Le > Bruce Li
Posts: 1,822
Default Re: LV Hilton closing poker room 10/17

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LA rakes are humongous because California rakes are humongous, your confusing the subject.

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IIRC one of the LA casinos recently raised the house take on poker. Lack of competition is what allowed this to happen, not state law.

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Also get used to it, the trend over the next 2 years will be to increase the rake to a 5 dollar max nationwide.

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Not if there is sufficient competition and the player base isn't brain dead. The abundance of poker rooms in LV is what caused Station Casinos to bring the rake back down to $4. If the player base didn't have other poker options, they would have had to deal with it.

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nope, the max would remain 10% up to $5 because thats what the market has dictated is the top end

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Without sufficient competition it doesn't matter what the market dictates. The poker rooms will rake whatever they can get away with so long as there isn't somebody across the street offering poker players a better deal.
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