Tuesday 6 August 2013

Shocked by the impact of rake!

 
Perhaps I am a little slow on the uptake but I have only just seen pictorial evidence of the impact of rake for my Party Poker account.
 
I have to say I thought I was struggling to make a profit and perhaps that I was even becoming a losing player ... but this is obviously not so!

 
 
 



Am I the only one that finds this astounding. It makes me feel like I am being exploited for my time I spend playing.

Not only that I feel sorry for those guys who are winning players but the rake takes them into negative ROI.

The poker sites need to understand that this is not a sustainable model for income or maintaining a player market.

If they want to maintain their customer base they need to rethink their methods of generating profit from the games.

Perhaps for example they could rake less from losing players and more from those that win on an increasing scale, for example as a tax at the end of the month based on a players winnings.

Its worth checking your own graphs just to see what impact rake has on your profits ... even if you can't yet do anything about it.

Until next time ...

Keep it Tight!