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  #1  
Old 04-25-2006, 09:16 AM
slammedfire slammedfire is offline
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Join Date: Dec 2004
Location: Manitoba Canada
Posts: 241
Default why does wsex even charge rake

if they are giving it back? ive been wondering this, could someone explain this to me?
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  #2  
Old 04-25-2006, 09:20 AM
stigmata stigmata is offline
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Join Date: Aug 2004
Location: UK
Posts: 4,817
Default Re: why does wsex even charge rake

1) They used to charge rake, so everything is in place to:

2) Take rake and give it back, thus showing everyone how much they are losing in rake at other sites.

Pretty ingenious, if you ask me.
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  #3  
Old 04-25-2006, 09:24 AM
pudley4 pudley4 is offline
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Join Date: Oct 2002
Location: POG
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Default Re: why does wsex even charge rake

Addendum to 2) Most people won't notice any effect if the rake is abolished. They will notice $100 being put into their account on Monday/Tuesday
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  #4  
Old 04-25-2006, 09:25 AM
primetime32 primetime32 is offline
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Join Date: May 2005
Posts: 1,251
Default Re: why does wsex even charge rake

I doubt they will be rake free forever. Instead of uninstallling rake and then reinstalling it, it is much easier to just leave it in place.

And lets not forget that the system does not only give back the rake to the winner of the pot but it distributes it to all the participants in the hand that contributed to the rake.
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  #5  
Old 04-25-2006, 09:42 AM
Brainwalter Brainwalter is offline
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Join Date: Jan 2005
Location: Bragging about beats.
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Default Re: why does wsex even charge rake

Also they have a skin(s) that does charge rake, they have to take money out of the pots for them, which the skin players never get (all) back.
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  #6  
Old 04-25-2006, 09:49 AM
MNpoker MNpoker is offline
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Join Date: Sep 2004
Location: Rake Free Land
Posts: 707
Default Re: why does wsex even charge rake

[ QUOTE ]
Addendum to 2) Most people won't notice any effect if the rake is abolished. They will notice $100 being put into their account on Monday/Tuesday

[/ QUOTE ]
This one ^

I'm surprised this question keeps coming up. It's marketing 001.

- The rakeback also makes it virtually impossible to go entirely BUSTO. Which is a good thing for the site.
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  #7  
Old 04-25-2006, 10:56 AM
LozColbert LozColbert is offline
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Join Date: Jul 2004
Location: The Lone Star Republic
Posts: 667
Default Re: why does wsex even charge rake

Rakeback is genius. Much, much, much better than rake free.
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  #8  
Old 04-25-2006, 11:28 AM
bvaughn bvaughn is offline
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Join Date: Jan 2003
Location: TX
Posts: 277
Default Re: why does wsex even charge rake

Also, they should be making a small profit off of short-term investment of the float while they hold our rake for a week. I wouldn't mind if they kept it for a month to make a bit more profit on the float, just to keep it rake "free".
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