I've been practicing with friends and online. I just have kind of a dumb question. How does the casino profit from it? I understand you have to buy-in with a minimum amount of chips, but if someone at the table is going to win the pot every round how does the casino profit? Just curious.
2007-02-03 11:54:54 · 3 answers · asked by xxted_strykerxx 3 in Games & Recreation ➔ Card Games
From a cash game there are two ways a casino can profit
Most casinos take a "rake" For every 10 dollars in the pot, 1 dollar is removed for "rake" up to 4 dollars per hand. The rules at the table will state 10% up to 4 dollars. In a higher limit game the rake could be higher. Most Casinos in Atlantic City and Vegas use this system for their medium and low limit games
Some casinos, such as foxwoods, charge for time. Every half an hour, everyone at the table needs to pay a set amount to the house. For most low limit games, this amount would be 5 dollars per half hour, but as the stakes go up the amount could be more.
All tournaments also have a rake. This rake is easily advertised. A tournament may be a $100+$10 --- which means $100 goes to the prize pool, and $10 is the rake that the casino will keep from each players entry fee.
2007-02-03 16:18:01 · answer #1 · answered by Bill F 6 · 1⤊ 0⤋
It depends on the casino and what exactly you are playing but the standard is as such: If you are playing a tournament at a casino then it is usually whatever the stake for the tournament plus an extra fee for the casino. ex. $100 buy-in + $15 fee If you are going to be playing in just a cash game at a casino then they usually take something called a "rake" out of each pot that is won. This gets a little tricky but say you are playing $1-$2 no limit hold em at the casino in a cash game. In that type of a game if the pot reaches a certain amount of $, say $10 or so, then the casino would take out $1 (or 10%). This goes on at every cash game in the casino obviously with it adjusting to the stakes which are being played.
2007-02-03 23:32:29 · answer #2 · answered by Jeff L 2 · 0⤊ 0⤋
Every buy in includes the casino's take. For example you may be at a $300.00 table but you're actually paying $330.00 right? Or a 10.00 table costs you 12.00. Every table has a "take" involved. Sometime sit down and figure the amount of players and what they paid and then look at the payouts...Then you'll see the Casinos take. Single tables are baited tables to get you into the multi-tourneys.
2007-02-03 20:06:05 · answer #3 · answered by jaypea40 5 · 0⤊ 0⤋