Rake 6.66% WTF???

    • peedek
      peedek
      Bronze
      Joined: 26.09.2010 Posts: 784
      I've always though that rake on this room/network is 5%, but when I calculated it by myself I got 6.66%. Isn't it too much???

      Example (stakes $0.01/$0.02):

      Pot $4.35, rake $0.29 from which:

      RAKE = $0.29/$4.35 = 6.67%

      What do you think about it?
  • 4 replies
    • conall88
      conall88
      Bronze
      Joined: 02.01.2009 Posts: 1,715
      you aren't the only one paying rake though, the other person involved in the hand pays rake too...

      the amount recorded in hand histories is the total rake taken, not your contributed rake.
    • Fagin
      Fagin
      Bronze
      Joined: 06.05.2008 Posts: 544
      Are you sure that the $4.35 pot includes the rake?

      On some sites the $4.35 shown would be the pot after the rake is taken out so the actual pot would be $4.64 (including rake).

      The rake would then be 6.25% => 0.41% less !!!! :s_o:
    • peedek
      peedek
      Bronze
      Joined: 26.09.2010 Posts: 784
      Originally posted by conall88
      you aren't the only one paying rake though, the other person involved in the hand pays rake too...

      the amount recorded in hand histories is the total rake taken, not your contributed rake.
      You misunderstood it. It doesnt matter how many people contributed to the pot, cause since 5th May, rake is calculated using "weighted contributed" method instead of "average contributed".
    • peedek
      peedek
      Bronze
      Joined: 26.09.2010 Posts: 784
      I'm totally sure that $4.35 pot includes the rake. I received $4.06 and the poker room claimed $0.29.

      I already know the answer to my initial question. I was told that the rake on micro limits on iPoker network is really 6.67% (they take 1c out of every 15c in the pot)...