The house takes all the money.

[IWINORIDIE]

Tournament fees should be 5% online. And max rake should be $1
in $1-$2 NL games...risking 30 to win 27 is [censored]

Just yesterday some 19 year olds invited me to their game. I asked if it was a home game. They said no but we provide food and drinks and stuff. Everyone has the same stupid idea. Well start a poker game and gobble up $1000 a night for ourselves. I refuse to play in raked games in my city. It is fin [censored]. Deck of cards, self deal, some cheap chips, pay someone $10+ an hour is totally fin retarded. oh yea u gotta tip the dealer too.[censored] that..poker is the dumbest scam ever...holla if u hear me

[PiquetteAces]

having to pay taxes on poker'winning is more (more) sick than having to pay a rake, vig, etc.

- jpp

[PITTM]

[ QUOTE ]
having to pay taxes on poker'winning is more (more) sick than having to pay a rake, vig, etc.

- jpp

[/ QUOTE ]

Only getting taxed on profits>>>>>>>>getting taxed always. Also I guarantee you pay multiple times more in rake.

[PiquetteAces]

[ QUOTE ]
[ QUOTE ]
having to pay taxes on poker'winning is more (more) sick than having to pay a rake, vig, etc.

- jpp

[/ QUOTE ]


Only getting taxed on profits>>>>>>>>getting taxed always. Also I guarantee you pay multiple times more in rake.

[/ QUOTE ]

poker'winnings at the end of the year = profit , right ?

& yes I pay more, a lot more in rake, than in taxes, because im canadian, & we don't pay taxes on gambling'winnings.

- jpp

[Arnold_O]

[ QUOTE ]
Cash game rake, tournament fees, sngs fees etc are way too much money. $100 an hour + comes off the table in a cash game. 10% of EVERY prize pool goes to the house in tournaments and sit n gos. Its ridiculous. There is no doubt 8 out of 10 players lose in the long run.

Examining the rake/fees closely:

Low limit cash game. $100 an hour+ comes off the table or more. Say in a 10 hour period there is $4000 on the table. In 10 hours the house has 25% of the money, $1000. And this in just one day. Playing day in day out, the house gets allllll they money.

$100 Sit n go. 10% fee, 9 handed, $990 total $90 for the house. $900 left for the players. The best players are only avg $10 a sng profit these days, while the house took $90 for itself almost all of which is profit. And the majority of the players in these sngs are losing $10 per sng. THE HOUSE GETS ALLL THE MONEY.

$100 Heads up SNG. Each players pays $5 to the house. You are risking $105 to win $95. 5% disadvantage. Those odds are as bad as a roulette wheel.

$100+20 Multi-table Tournament = 17% of the prize pool to the house. Its a joke.

Through this silly card game they are able siphon away massive amounts of money from the average person. It's [censored].

Discuss.

[/ QUOTE ]i agree

[Abbaddabba]

[ QUOTE ]
Bob,accountant, weekly pay: $500. Joe, electrician, weekly pay $400. Sarah, waitress, weekly pay: $350. Dave, mechanic, weekly pay $450. Mike, hs math teacher, weekely pay: $500
Susan, mcdonalds, weekly pay: $200.

They all play 15 hours of online poker every week for a total of about 60 hours per month of online poker.
They play cash games, where every pot is raked $3 X 50 hands an hour. So they are paying $15 an hour X 60 hours per month , which means they are paying $900 a month in poker rake. Considering what the average person makes, it's beyond me how 90% of the players dont lose in the long run.

[/ QUOTE ]

people who make $500 a week (or less) dont play nearly that much, or for stakes where it is max raked. playing $25NL, you get raked maybe a buck or two an hour per table.

losing isnt that bad in moderation if it provides entertainment.

losers at midstakes+ are either wealthy, or degenerates.

[Ryanski]

Yes, this is a fine post with good points. So why does no one play on WSEX? Why are you not playing there? People are dumb, the sites get rich, nothing will change. GG.

[PokerEveryDay]

[ QUOTE ]
Yes, this is a fine post with good points. So why does no one play on WSEX? Why are you not playing there? People are dumb, the sites get rich, nothing will change. GG.

[/ QUOTE ]

Some very knowledgable people here have mentioned why. Marketing is one, player pool is another, competition as a result of a small player pool is a killer. You need a lot of less skilled players or you just won't win much, or not at all.

[IWINORIDIE]

http://www.youtube.com/watch?v=9KVTfcAyYGg

[doodydota]

I rather play at pokerstars and pay the rake than play at WPX, because at WPX there are no fish. Fish don't care if the rake is 0%, 10% or 50%. They lose money anyway. Only winning players do care.

I pay the rake for smooth software, a timebank and the fishpond that pokerstars provides by advertising their site.
You can consider the rake as a fee for a service.

A 2+2 pokersite? "Come play where the sharks are going to eat you alive".