The Official Red Chip Poker Podcast What’s Rake Got To Do With It?
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Aug 23, 2016 Doug Hull, a poker coach and strategy expert at Red Chip Poker, dives into the often-overlooked topic of rake in this engaging discussion. He explains how rake structures can significantly affect player profitability, urging listeners to understand their game’s beatability. Hull analyzes innovative solutions for generating rake in poker clubs and highlights the impact of promotional incentives on player behavior. With anecdotes and strategic insights, this episode is a must-listen for anyone looking to enhance their poker game while navigating the complexities of rake.
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Understanding Poker Rake Basics
- Rake is the money taken from each pot to pay for running the poker game.
- Different locations have varying rake structures, such as a percentage up to a cap or a fixed drop per hand.
California's Unique Drop System
- California uses a drop instead of rake due to laws prohibiting house interest in pot size.
- Drops are flat fees per hand, making them more punitive than proportional rake.
Time Rake Explained
- Big games sometimes charge a time rake, renting seats by time instead of taking a percentage of pots.
- Time rakes can be handled collectively as a 'time pot' or randomly assigned to players.