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Online Poker Rake Fees
“Rake” is one of the most common terms in poker. The actual meaning of the word is in regards to the scaled commission fee charged by the house for operating a poker game. The rake fee is collected from most real money ring game pots, (also commonly referred to as “cash games”). Much like the “vig” charged on a typical sports bet, the rake is the amount of commission deducted as a percentage of each pot played by the online poker room with a predetermined maximum cap amount that is set by the house.
Tournament Format for Rake
By contrast with both Sit & Go and Multi-Table Tournaments there is no rake. Instead of a rake, an entry fee is added to the cost of the buy-in to participate in the tournament. The buy-in is used for the tournament prize pool while the entry fee goes to the online poker room (AKA “House”).
We operate a “no flop, no drop” policy which means that we do not deduct rake from any community card poker game where no flop is actually dealt.
The House charges a commission “rake” as a percentage of the total pot won at the end of each hand. It will be calculated based on the number of players involved in the hand as well as the actual size of the pot. Overall, the rake/commission is at 5% and capped to a maximum amount of $3.
Necessity of the Rake
World class online poker does not happen by accident or circumstance. To do it right means that a massive investment must be made up front starting with the necessity of huge bandwidth. In particular, these days have seen a tremendous increase in the amount of traffic to online poker rooms. To handle this activity without a glitch requires a full commitment to the absolute best in resources. The rake helps meet such demands.
Next, the software used to conduct the games is constantly being upgraded and improved. All to the benefit of the clients and players. As is the case with reliable bandwidth the best software isn’t cheap. The rake is part of what covers that necessity so that we can offer games that are completely reliable and pleasing to the ears and eyes.
An expert staff that is at the ready to help you instantaneously is also required for any good online poker room. You never truly appreciate world class customer service until you need and get it. That rake you are charged will be considered a wise and rather small investment should you ever need assistance.
Next comes the vital staff of House employees that must handle security, accounting, and legal affairs. Without these people in the background that you never see, we simply could not have an online poker room. Thanks to their efforts we can offer the best card room in the world that is both hassle and worry free for you, our clients.
Advertising and marketing are also a vital part of what we must do. The more players we attract, the better product we can deliver. Part of the rake is used to get the word out to new card players as well as for marketing opportunities that include some of the best online poker tournaments and promotion specials in the world. All of which you get to enjoy!
Contrary to what may be said about the rake, the vast majority of it gets reinvested right back into the high-quality games that the House offers. It is what helps us give you the best online poker experience that can be found anywhere!
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