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djkelly69
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10-06-2006, 10:09 AM
Post subject: B&M Tournament - rake
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#1 (permalink)
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Join Date: Sep 2006
Posts: 11
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Hi
A quick question for those in the know:
The local casino (there is only one) runs a weekly tournament - $90 buy in, 30 people max. Prize money is $900, $550 & $350 or something similar.
By my calculations, that means the casino is taking $900 of the $2700. I understand B&M casinos have higher overheads etc than online, but to me 1/3 seems excessive.
Is this quite high, or is it similar to what other casinos charge?
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donkbee
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WELP
Join Date: May 2005
Location: so close but so far
Posts: 3,605
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$100 FO at the casino I play at, 165 max. $90 of our buyin goes to the prize pool, much more reasonable than what you've posted.
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Quote:
Originally Posted by Fnord
Why poker fucks with our heads: it's the master that beats you for bringing in the paper, then gives you a milkbone for peeing on the carpet.
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gengar
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10-10-2006, 06:21 AM
Post subject: Re: B&M Tournament - rake
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#3 (permalink)
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Join Date: Dec 2005
Location: Henderson, NV
Posts: 88
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First off, are you sure they aren't paying 5 spots or something? 10% places paid is a little unusual for such a small tournament.
Whatever casino courtiebee is playing at, I would love to have in Vegas. 90% return is awesome - it's nearly as good as playing online at those limits. AFAIK (off the top of my head), there is only one tournament in Vegas that will beat that %, and it's Bellagio's $1000+60 tourney.
Most rooms in Vegas charge between 20-33% for games around $100 buy-in, so at worst you're simply at the raw end of that range. I do know that some casinos have games that only return 60% (!). I think Harrah's, for example, has a $50+20. Can't believe people play in that, but whatever blows your hair back, I guess.
So it's not good, but it's not all that bad, either.
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djkelly69
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Join Date: Sep 2006
Posts: 11
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I am pretty sure it is only the 3 places, but i will check it out.
Thanks for the info.
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renegaderob1
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Flush
Join Date: Aug 2005
Location: Australia
Posts: 311
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My local casino has $125, $250, $500 etc.. basically they take $150 total from every table for every limit (eg. 10 tables = $1500 rake from nearly $12000), so the higher you play the better off you are...
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Roll Rebuilding (for the second time). Current; $1600 from $300 (previous, $2300 from $15)
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