#12
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Re: Regulating online poker and sites by \"taxing\" the rake?
[ QUOTE ]
you can large number this, and get an average number of pots that are won by americans. Lets say 80%, then the poker site is paying 2% rake and collecting 3% rake for itself. Irregardless of who actually wins the pot. So if they want to make 5%, they up their rake to 7% rake and pay the 2.5% to USG on american pots which is 2 percent if 80% of players are american, and keep 5%. So now everyone is taxed and the poker site makes its desired rate. [/ QUOTE ] ...and 90% of the winning players become losing players due to the increased rake |
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