$2 min. rake at Seminole Hard Rock - Hollywood

[sapol]

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Mark, do you happen to play a lot of $60 sit-n-gos at the Gulfstream?

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Structure?

[Papi Shasho]

1500 starting chips, blinds start 25/50, go up every 15 minutes

[sapol]

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1500 starting chips, blinds start 25/50, go up every 15 minutes

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ty, (horrible structure BTW but for $60 and in FL what can we expect)

[Mano]

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My arguments on this forum regarding drops rarely address the size of the drop on a healthy pot (clubs/casinos have a right to maximize profit); rather I object to (and would like to find a way around if I get back in the business) the way it is taken.


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Just wondering, which do you think would be better for all involved 10% rake $4 max or 5% rake with $5-$6 max?

[Rick Nebiolo]

[ QUOTE ]
[ QUOTE ]
My arguments on this forum regarding drops rarely address the size of the drop on a healthy pot (clubs/casinos have a right to maximize profit); rather I object to (and would like to find a way around if I get back in the business) the way it is taken.


[/ QUOTE ]

Just wondering, which do you think would be better for all involved 10% rake $4 max or 5% rake with $5-$6 max?

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I've never thought much about percentage rakes with a cap since this is clearly illegal in California (and I have no plans to move).

The first thing I'd ask though is what size and type of game are you talking about in your question above?

~ Rick

[bigslickmark]

Why is a percentage rake illegal in California?

[Dennisa]

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Why is a percentage rake illegal in California?

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State law is that the house can not profit by interest in a game. They consider a percentage rake having an interest.

FYI, All blackjack/ paigow (california games) the house charges a fee per hand. Either a player or a third party corporation handles the banking aspect of these games.

[PunkNoodle]

Papi -

The guy you know who has something wrong with his leg - what does he look like? Does he use a cane?