0% rake, is it possible

Tonny MontanaTonny Montana Red Chipper Posts: 4 ✭✭
Hi people,When i calculate how much money poker site earn money via rake, I was concerned. That's true that they send back a part of the money throughout freerolls and guaranteed tournaments, costs etc. however, their profit is still huge. Thus I was seeking for poker sites with the lowest rakes and found two crypto casinos. zero edge and edgeless, which claim to have a minimal rake or even zero. If they will do what they say, I think it would be a really big change in the industry, what do you think?

Comments

  • RedRed Red Chipper Posts: 2,505 ✭✭✭✭✭
    Maybe they don't give you the payout ?
    Maybe the manipulates the cards ?
    Maybe you play against bot playing for the house?
    Maybe it's a scam to get your credit card number (if you don't pay in bitcoin&Co) ?

    Nothing is free. If you don't pay good money, either you're the product (social media, etc.) or it's a scam.
  • SplitSuitSplitSuit RCP Coach Posts: 4,082 -
    Why is that assumption that a poker site making a profit is a bad thing?
    How would a poker site that made zero dollars be able to hire people to run things?
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  • EazzyEazzy Red Chipper Posts: 1,018 ✭✭✭✭
    in the day a couple of sies offerd o rake. One I played on a bit was a big book maker and had casino games. They even sent me a very ugly tea shirt with a big rake on it with an X over it and a slogan rake can be bad for your health.

    The games on the sight was like a Knife fight. Toughest low stake games on the intrernet. The thing is bad players dont care about rake. They want promotions.

    When the Golden Nugget in AC,,reoppend a poker room a few years ago..thet tried to promote it with no rake...nobody came...Iwent there a couple of times it was dead.

    Have a high hand a bad beat jackpot, some free give free food,,and maybe a toaster....rake the game and the fish show up.

  • Tonny MontanaTonny Montana Red Chipper Posts: 4 ✭✭
    Maybe it could work but they have to earn something else ... and card manipulation should not be possible because they will use blockchain technologi.
  • RedRed Red Chipper Posts: 2,505 ✭✭✭✭✭
    Eazzy wrote: »
    The thing is bad players dont care about rake.
    Bad players don't know what is rake :')
  • jeffncjeffnc Red Chipper Posts: 5,007 ✭✭✭✭✭
    edited March 2018
    IIRC Bodog used to have no rake. It was a loss leader to get people to the site (it was primarily a sports betting site.) The game is now raked. So either it was a temporary plan to establish a player base, or they realized they were losing too much money. Lower rake tends to only attract nits and grinders and pros. The real gamblers mostly couldn't care less, and the pros make more money off gamblers than they off not paying rake.
  • Tonny MontanaTonny Montana Red Chipper Posts: 4 ✭✭
    I'll try to invest in ICO, maybe it will appeal to some players
  • TheGameKatTheGameKat Las VegasPosts: 5,220 -
    Eazzy wrote: »
    in the day a couple of sies offerd o rake. One I played on a bit was a big book maker and had casino games. They even sent me a very ugly tea shirt with a big rake on it with an X over it and a slogan rake can be bad for your health.

    The games on the sight was like a Knife fight. Toughest low stake games on the intrernet. The thing is bad players dont care about rake. They want promotions.

    When the Golden Nugget in AC,,reoppend a poker room a few years ago..thet tried to promote it with no rake...nobody came...Iwent there a couple of times it was dead.

    Have a high hand a bad beat jackpot, some free give free food,,and maybe a toaster....rake the game and the fish show up.

    I got the same T-shirt. WSEX right? It was pretty clear they were using their poker site as a loss-leader for the book. The software was nearly as bad as the T-shirt.
    Moderation In Moderation
  • jeffncjeffnc Red Chipper Posts: 5,007 ✭✭✭✭✭
    I have one of those shirts somewhere :)

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