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I was wondering, since the recent change in the law, how do these poker clubs such as the gutshot in London make they're money now they can't make charges on players?
I understand that such clubs are now only allowed to charge membership fees, but on the websites of clubs i visited, it doesn't say anything about membership fees.

2007-04-18 12:31:34 · 1 answers · asked by Ben B 1 in Business & Finance Small Business

You don't get what i'm asking. I know how all usual poker clubs and casinos work (such as rake and tournament fees) as i am an expert in poker. The law has changed recently and now poker clubs CANNOT charge rake and tournament fees on poker, but they CAN charge membership fees on a quarterly, half anually, or anually basis. But some poker clubs' web-sites i have visited don't mention rake, tournament fees OR membership fees. I was wondering how they made their money.

2007-04-20 00:10:22 · update #1

1 answers

Usually you are playing against the 'house' (one or more of the Players will be playing for the 'house')

In games where this is not permitted, the house takes a percentage of the 'pot'.

NB. On the web, do you KNOW who the other players are ?

Perhaps you are the ONLY real player loosing real money == maybe all the other 'players' are Computers :-)


Additional :-
I guess that any who don't charge in any of the usual ways might require you to deposit funds and make their money on the Interest (of course they might also be simple scams ...)

2007-04-19 08:56:53 · answer #1 · answered by Steve B 7 · 0 0

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