The house takes all the money.

[Abbaddabba]

[ QUOTE ]
HOW CAN ANYONE SAY THE RAKE IS NOT MUCH OF A PROBLEM?????? OMG

[/ QUOTE ]

Because my site pays me back 90% of it.

OMG

Become a prop somewhere and you dont have to pay the ridiculous fees. The games are few and far between... but if you want a huge player base, then pay the price and dont bitch.

[IWINORIDIE]

WORLD POKER EXCHANGE needs 10,000 players

10,000 Players X $2000.00 a year in rake from each of them
=$20,000,000 in revenue. Double them #s and investors could make a fortune. Way more than anyone makes playing poker.

[Abbaddabba]

you clearly havent won.

why arent you dead?

[MrGrob]

"Where are all these people coming from?

I'd say that the new posters should have to meet some sort of criteria, but I don't even think some of the mods could meet it."

YES ~ As I have said before...there needs to be set of tests or something to post here.

[IWINORIDIE]

I'm in the top 99% of 2+2 posters intelligence-wise, you stooges.

[uralldiseased]

Mensa is overrated anyway.

[Zetack]

[ QUOTE ]
HOW CAN ANYONE SAY THE RAKE IS NOT MUCH OF A PROBLEM?????? OMG

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.

[/ QUOTE ]

Obviously if you want to get rich in poker, the way to do it is not playing the game but owning the poker room. The rate of return for the successful online rooms is phenomenal. And thus, the rake could be slashed and the poker rooms would still practically mint money. All this is true.

But the poker rooms do not compete on price. It would be nice if they did, but they do not.

Other than that, I'm not sure what your rant is all about. We are idiots because we play the game even though the house is cleaning up on rake? Ummm, so? The players go where the games are, and as long as the games continue to be beatable under the present rake will continue to do so. I'm not sure why this makes us idiots.

So:
1. Rake is higher than it needs to be for sites to be highly profitable.
2. Successful online sites make money hand over fist.
3. Games are beatable at these sites anyway.
4. Games are better at these high rake sites than at rake restricted sites.
5. Many players thus choose to play at these high rake online sites.
6. Such players are [idiots / making do with a bad, but not intolerable situation].

So, what's your point, other than we're all idiots?

--Zetack

[jwc529]

why hasn't this thread run its course? stop indulging this spammer

[IWINORIDIE]

ONLINE POKER/SPORTS BETTING IS FOR SUCKERSSSSS.
The house beats almost everyone. Poker rake should seriously be 50 cents per pot max at all limits. Tournament fees about 2% . They are stealing everyones $$$$, that is all the care about . Poker is bulllllllshit. This poker craze is just a plan to fleece the masses. world wide boycott of internet poker yguiedytarksyrart

[IWINORIDIE]

100% of internet poker players should put $50 in a WORLD POKER ECHANGE ACCOUNT to drive the rake down. the site should 200,000 players. But everyone is tooo stupid to sign up.