Tournament Rake; When is it not worth the value!!!

Michael EMichael E Red Chipper Posts: 122 ✭✭
The rake in events at the Horsehoe in Indiana vary quite a bit.

For example, I played a satellite for a $300 tournament that was $60+$20.
Is this 33% rake or do we say it is 25% rake and fees?

The $300 Satellite is $260 + $40 so it is just over 15% rake.

They are running a WSOP Warm Up with a $50K GTD $180 + $40 (22% rake)

The Main Event is $610 + $90 (15% Rake)

How much is too much?
When is a high rake okay??

Comments

  • TheGameKatTheGameKat Posts: 2,140 -
    Couple of things to look out for here. An increasing number of rooms will quote the "rake" then add a staff fee. So the number you always want to calculate is how much of your buy-in is accessible to be won.

    I think it's also worth appreciating that the rake is buying you a service. If the room is uncomfortable and the dealers incompetent, even a "low" rake may be too much.

    All other things being equal, a tournament has to be soft and in a pleasing environment for me to touch a total fee above 20%.
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