Re: Ridiculous rake - Starting a legal poker game
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Thoughts? Will it fly?
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This is sometimes called the "pool room" model. As long as the organizing or hosting group doesn't profit then it "should" fly.
However even a dealer's schools have been shut down in States where gaming was legal, because in part a profit was made.
Your structure is a little weak in that you have no sure income stream. Winners provide no new income, big loosers may come and go, and breakeven players do not provide enough additional income to keep you going.
As always consult a lawyer in your State.
D$D
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