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Old 11-01-2007, 01:23 PM
excession excession is offline
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Join Date: Jul 2004
Posts: 1,302
Default Re: Rake increase in Ladbrokes cash games

Email exchange with Ladbrokes..


Alex,

So in a $1 pot you rake 6c (6%), before it was 5c (5%)
in a $20 pot you rake 6% ($1.20) before it was $1 (5%).
and in a $40 pot you also rake 6% ($2.40) (before it was $2, again 5%)
and you hit the rake cap of $3 at $52 rather than at $60?

Certainly any pot over $1 you are raking more than 5%.

The totally correct statement is that 'we are raking 6% where before we raked 5% subject to the same $3 cap, except that in 80% of pots under the cap (pots where the cents figure is between 1c and 80c) we rake 1c less.'

I guess that 1c discount enables you to claim that you haven't just increased your rake by 20% without telling anyone eh?

Not quite as misleading as AP recent fiasco, but in terms of openess it runs it a close second IMHO..

I'm afraid this won't go unnoticed on the online forums.


"care@ladbrokespoker.com" <care@ladbrokespoker.com> wrote:
Dear Andy,

Thank you for your e-mail.

I can confirm that this is not the case.

Ladbrokes Poker has had a change in our rake structure; for further
information around the details of this change please go to
www.ladbrokespoker.com

Please note that the maximum rake of $3 dollars has not been increased
and the change is simply in the way in which the rake is calculated.
Please find below the new rake structure.

Rake is only collected on called bets; the number of players dealt into
the hand determines the maximum rake as per the schedule below. No rake
is taken from pots where the flop is not seen.
.....

6 or more handed games
$0.01 in every $0.20, except for the last $0.20 in every $1 for which we
rake $0.02.
Maximum of $3


Kind Regards

Alex
Poker Agent
Ladbrokes Multi Player Poker

Original Message Follows: ------------------------
Hi,

I'm a $200 6 max cash game player.

I heard a rumour that you have increased the rake on cash games to 6%
(from the industry standard 5%).

Can you please confirm if this is in fact the case as I can't seem to
find any info on this either in the news or poker rules sections.

thanks

andy

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