Donkeying my way to the Final Table.
Everything's just part of one very big poker tounament.
I may not win the whole thing but I hope I get to at least be in the money.
Friday, November 28, 2008
PokerStars Cash Game Rake
In the long run, a mediocre player will eventually lose to the house's rake. The poker room takes a percentage of every pot in a cash game. This is how they get the money to keep operating. This is also why poker is slightly pro-player. The house doesn't benefit off of the players' lost. They just care that there are as many players as possible.
I tried to research on how much the rake is in PokerStars and I found this rake page. It says that the rake for a No Limit Cash Table with blinds at $50 or less is 5% of the pot with a corresponding maximum limit depending on the number of players.
I never realized how much this is until I checked my hand history. I looked at the longest time I've played in a cash table which was 1 hour 52 minutes. It was a $0.10/$0.25 NLHE table. The total rake for that table at that time was $15.75. I bought in for $15 for that table and in less than 2 hours, PokerStars have earned what I bought in for.