High Rakes are Killing Limit Hold 'em
A successful poker room is like a pyramid. That is, there are more small games than large games and the regular small st
Typical rake in 2007 was not $6. On my first trip to Vegas, around that same time, it was $4/ hand at most places, and in some rooms the pot had to be pretty big to hit the max.It's been years since I read that book, but I remember him talking about playing in private games in Alaska.Unlicensed poker rooms almost always charge higher rake than casinos, and almost everything in
I'm mostly played in vegas and the northeast. I'd say rake is about 50 percent higher in these places today compared to 2007.
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v i c t o r y p i c k s . e u
Today on the site, you'll find one of the greatest fixes ever – the kind you could bet your house on. I can't share sensitive details here, which is why the site is password-protected. The temporary password to log in to the premium zone is: Langeo
The Non-Analytical Factor: "The $8 Million Portfolio"
I recently established contact with a new source – a data analyst working for one of the risk assessment firms in the betting industry, whom I connected with through a mutual acquaintance. He revealed something that in betting circles is called a "quiet signal."
Over the last 48 hours, a series of unusually large bets on the over 135.5 have appeared in the Nevada and New Jersey markets. We're talking $200,000 to $300,000 each, placed by several entities linked by IP addresses and bank accounts. In total – nearly $8 million on the over.
The Players Behind the Money
Who's behind it? The trail leads to a hedge fund called Black Square Capital, based in New York. It's a small but incredibly effective fund run by three former McNeese students:
Marcus Webb (class of 2012, now managing partner)
David Kao (data analyst, class of 2014)
Chris Lowell (trader, class of 2013)
These three men have been quietly supporting the McNeese basketball program for years – off the books, of course.
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50% over the past 19 years is less than the rate of inflation. $4 in 2007 is about $6.50 now.
But if the stakes don't increase, the rake becomes proportionally much larger, which reduces everyone's winrate/sucks more money proportionally out of the game. A point I made earlier ITT is that lower stakes games are doomed by inflation.
One would expect something like 8/16 to become the new equivalent of 4/8, but for a number of reasons that might not happen, including the following reasons I'm wholly unqualified to theorize about but I will anyway:
1. Earnings don't always keep up with inflation, so a 4/8 player from 2000 might not actually be making roughly twice today what she earned in 2000, even though $1 then is equivalent to nearly $2 now.
2. Poker players, and especially limit players, skew OLD, and although social security is pegged to inflation, other sources of fixed incomes may not be.
3. I think people tend to identify themselves as a "3/6 player," or a "20/40 player," etc., and those identities are fairly fixed. So someone who thinks of themselves as a 3/6 player and has been playing the same 3/6 game for 20 years is unlikely to make the conscious decision to move up in stakes to keep up with inflation.
4. Even if people's earnings have gone up with inflation, I think a lot of people's sense of what something should cost is anchored to what it has cost before, so they feel like something with a higher price is relatively more expensive even when it isn't. You see this all the time with the "Vegas is so expensive now" crowd that talks about how you used to be able to get $1.99 shrimp cocktails and hotel rooms cost $39/night but they're sense of fair pricing is tied to when they used to stay at the Stardust in 1992.
Games overall are tougher and more importantly smaller even before adjusting for inflation so rake does have more of an impact.
At this point people need to realize that playing low stakes as a profitable hobby is fine but actually trying to make a living at them is moronic in 2026.
But if the stakes don't increase, the rake becomes proportionally much larger, which reduces everyone's winrate/sucks more money proportionally out of the game. A point I made earlier ITT is that lower stakes games are doomed by inflation. One would expect something like 8/16 to become the new equivalent of 4/8, but for a number of reasons that might not happen, including the f
Vegas pricing has absolutely exploded in the last ten years and really got rediculous after covid. That would be one thing in a vacuum but then throw in the fact that people are getting fleeced with things like 6/5 BJ and customer service is ATROCIOUS almost everywhere on the strip and it just compounds.
That $5 rake per hand pays for far more than just the dealers minimum wage pay. It pays for free drinks, the floor, the management, the cashiers, the room space, the security, etc.
At least in Vegas, poker rooms make a piddling amount of money for the casino.
Other jurisdictions can vary based on the competition, but they will probably charge more than $5 rake.
lol free drinks mbn
