Do poker site operators not entice whales by offering rakeback deals and special discounts?
Poker is weird because the largest chunks of all monies go from one player to the other. But I assume rakes, at higher stakes, do add up really quickly...
Poker is weird because the largest chunks of all monies go from one player to the other. But I assume rakes, at higher stakes, do add up really quickly...
I used to deal poker in a past life, here's an anecdote.
We started a low limit game and everyone (10 players) bought in for 60$ - 100$. Over the course of the next hour no one rebought and no new players came in. It was a pretty average game, no one was really 'hot'. After an hour one player noticed that everyone had less money than when the game started (even players that only won hands). He got up and left and I never saw him again.
We took a 5 + 1 rake (1 for jackpot) per hand. 40 hands an hour. 240$ removed from the table in that time span. Basically taking ~3 players money off of the table an hour.