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Old 11-17-2007, 04:53 PM
WarmonkEd WarmonkEd is offline
Senior Member
 
Join Date: Oct 2003
Location: Los Angeles , CA
Posts: 312
Default Re: The rake is unacceptable

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I love how whenever someone makes a post like this complaining about high rake they are automatically a loser who deserves ridicule. I personally believe that the rake at most major sites could be cut by 30% or so without any major loss in revenue for the site.

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PartyGaming had $212.5 mil total revenue for the first six months of this year.

$140.5mil of that was from poker. 75% of that is from ring games. $140.5*0.75 = $105.4mil

By cutting rake 30% they lose $31.6mil

So I guess if you think losing about 15% of their total revenue and 22% of poker revenue isn't a major loss in revenue then yes, you're right.

references:
http://www.partygaming.com/images/do...rim_Report.pdf
http://www.partygaming.com/images/do...ual_Report.pdf

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Im guessing u read just far enough in the thread to get to that post right? Youre completely ignoring the ideas that have been expressed since that post.

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Sorry, the post was so stupid I had to stop and respond to it.
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