Whats A Rake In Poker?
What is Rake in Poker? Poker rake is a fee taken by the poker room as payment for running a poker game. It’s usually collected as a percentage taken from each pot ranging anywhere from 0 to 10% of the total pot. Most rooms only take rake from the pot if a flop is seen; this is referred to as the ‘no flop no drop’ policy.
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Contents
What does taking a rake mean in poker?
Rake is essentially a portion of winnings the host takes from cash poker games to offset the costs of facilitating the game. If you’ve ever played live games in a casino cardroom, you may have noticed the dealer taking chips out of the pot and setting them aside. That’s the casino’s rake.
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What is a 5% rake?
Pot Rake – The pot rake is a fee charged on cash games. Rake is generated as a proportion of the pot. The hand must go to a flop to qualify for rake. Plus, there will be a max rake taken from the pot. So, if a casino charges 5% rake on cash game pots, there will usually be a maximum of £/$/€10 taken.
Because pot rake is popular with most low and medium-stakes poker players, it’s the method most widely used at top online poker sites. RELATED: Learn More About The Game & Poker Strategy With Our Knowledge Guides The dealer will calculate whether the pot is over the threshold, then remove the chips by hand and put them in a drop box.
In an online cash game, the rake is automatically removed by the computer. In addition, most cardrooms and poker sites operate a “no flop, no rake” policy. If the hand doesn’t go to a flop, no charge will be applied. Imagine you’re playing a £/$/€1/£/$/€2 Texas Hold’em game and the pot is £/$/€60 at showdown.
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Why did Molly take a rake?
Molly Bloom, Hollywood’s $100m poker queen Published: 22:00 GMT, 2 December 2017 | Updated: 14:54 GMT, 3 December 2017 She was the go-to girl Hollywood hotshots called to run high-stakes card games where $2 million was won or lost in the blink of an eye.
- But in a gripping new book, Molly Bloom reveals how gangsters, the FBI and Spider-Man ended her lucky streak As the players took their seats at the table, Molly Bloom proudly surveyed the scene.
- While the drinks flowed, served by two stunning Playboy models, there was a palpable electricity in the air.
The Beverly Hills Hotel had played host to countless celebrities over the years, but with the assembled guest list of producers, property magnates and actors, including and Spider-Man star Tobey Maguire, then at the peak of his career, Bloom knew she had to pull the evening off.
Molly Bloom was the go-to girl Hollywood hotshots called to run high-stakes card games where $2 million was won or lost in the blink of an eye She had just organised one of Hollywood’s most glamorous and secretive high-stakes poker games and with the buy-in – the minimum amount of money needed to join the game – set at $50,000 it wasn’t long before there was $2 million on the table.
Suddenly, one of the players, producer Rick Salomon, who had famously made a sex tape with former girlfriend Paris Hilton, alighted his gaze on Affleck. ‘So did Jennifer Lopez’s ass have cellulite on it,’ he enquired of Affleck’s former fianceé, ‘or was it nice?’ As Bloom held her breath, wondering if a fight would rapidly derail her carefully crafted evening, Affleck pushed more money into the pot and calmly replied: ‘It was nice.’ Danger averted, the game continued and at the end, Bloom walked away with $50,000 in tips.
She was 27 years old, the ‘poker princess’ of Hollywood, and she was on top of the world. That world was to come crashing down, however, when in April 2013 the FBI came calling. Bloom was charged with profiting from hosting illegal poker games and eventually admitted to being a key figure in an illegal $100m high stakes gambling ring.
She was fined $125,000 and sentenced to a year’s probation. Her story now forms the basis of Molly’s Game, starring Zero Dark Thirty’s Jessica Chastain as Molly and Idris Elba as her lawyer. The tale of how a girl from smalltown Colorado came to run the most prestigious and star-studded underground poker nights is indeed the stuff of Hollywood films.
As well as Affleck and Maguire, Molly’s games also included Leonardo DiCaprio, Matt Damon, Macaulay Culkin and tennis star Pete Sampras. Today Bloom’s life is far removed from those heady times. We meet in Colorado, where she returned five years ago after the FBI started investigating the games and their possible links to organised crime.
Petite, pretty and tanned, Bloom’s Valentino dresses have been replaced by a black T-shirt and jeans, and while she lives in a tasteful apartment block in Denver, the days when she could rent a penthouse in a luxury West Hollywood high-rise have long since gone.
Though the games she organised weren’t in themselves illegal, Bloom ran into trouble when she began taking a cut of the pot, known as a ‘rake’, in order to insure against the losses incurred when players wouldn’t settle their debts. ‘Then it became profiting from gambling,’ she explains. Her assets were seized by the government (her bank accounts were declared an alarming $9,999,999 in the red) and having earned as much as $4 million a year – on a good night she would make a staggering $150,000 – Bloom now finds herself in debt.
‘I owe $250,000 to my lawyers, $125,000 restitution and about $1 million to the IRS,’ the 39-year-old says, remarkably cheerfully. ‘But it’s OK. I’ll figure it out.’ Bloom admits that running the games taught her ‘more about men than I probably wanted to know’ Being good at figuring things out was how Bloom came to run the games in the first place.
Pitching up in LA, she had been eager for adventure. Her mother Charlene, a ski instructor, and father Larry, a psychologist, had pushed the young Molly and her brothers Jeremy and Jordan hard. Despite suffering from scoliosis, she trained as a skier. ‘I was almost in the Olympics,’ she says, ‘just like I was almost going to an Ivy League law school.
I was always falling short, but I knew I was good at something. It turned out to be running poker games and I was the best in the world at that.’ She found work in LA as a cocktail waitress before encountering a man she calls Reardon, who first employed her in his restaurant but then asked her to organise a poker game for his friends.
They included Maguire, DiCaprio and Todd Phillips, director of the Hangover movies. It was held at the infamous Viper Room and the buy-in was $10,000. ‘I’d never even played poker before,’ says Bloom. ‘I was learning all the terms by Googling them.’ She says Maguire was ‘very smart and a very good player, the best by miles, and he also had discipline, which was important.’ DiCaprio, meanwhile, ‘didn’t play that often and didn’t play too many hands.
He wore headphones and it was almost as if he wasn’t trying to win or lose. He only played with Tobey. I don’t think poker’s his thing. He was there because Tobey wanted him there.’ She believes DiCaprio ostensibly acted as bait to entice ‘whales’ (wealthy but weak players) to the game.
That first night, Bloom simply served drinks and come the end of the evening had made $3,000 in tips. ‘I’d hated being a cocktail waitress and having no money,’ she says. ‘Suddenly, I had money and massive access. I knew I wasn’t going back.’ Bloom’s story now forms the basis of Molly’s Game, starring Zero Dark Thirty’s Jessica Chastain as Molly and Idris Elba as her lawyer In a testosterone-soaked environment, Bloom gradually started gaining power, using her feminine nous to increase the allure of the games.
She moved them from the Viper Room to luxury Beverly Hills hotels, laid on champagne and caviar, providied masseuses and ordered in food from the players’ favourite restaurants. ‘Beautiful women served the drinks and there were scented candles everywhere,’ says Bloom.
I tried to mask the seedy elements of the games – the unappealing decor, the bad smells, the fact that people were trying to take each other’s money by any means necessary – by making the players feel pampered.’ Soon the game became an open secret in Hollywood and getting more celebrities to the table was key.
‘Very quickly they stopped being celebrities to me,’ she says. ‘Or rather, I became excited by them for the value they conferred on my game.’ She admits that running the games taught her ‘more about men than I probably wanted to know’, but as her power in the game grew, so the players’ attitudes changed.
In the beginning they used to say: “You’re so cute. Let’s go out to dinner. I’ll get you an apartment.” But when they had to pay their debts to me, I’d hear: “I’m not going to pay you. F*** you!” and I’d reply: “So, the cars and apartments are off the table now, are they?” Some of the conversations about women were pretty gross, but because I was the bank, they respected me.’ The tale of how a girl from smalltown Colorado came to run the most prestigious and star-studded underground poker nights is indeed the stuff of Hollywood films Problems, when they arose, came from an unlikely source.
The initially ‘very friendly’ Maguire would text Bloom constantly, wanting to know who was playing every week, even texting during games to find out how much the others were winning. He also insisted they use his $17,000 card shuffling machine at a fee of $200 a game (this from a man reportedly paid $36 million for the three Spider-Man films).
Perhaps most damning, however, was that having made millions at Bloom’s table over the years, he wasn’t a very good tipper, ‘sometimes tipping me $1,000 on a win. But it’s also true that my values had become skewed. Right now if someone gave me $1,000, I’d be so happy.’ On one occasion Maguire told her that in order to receive her tip she had to ‘bark like a seal who wants a fish’.
She refused. ‘I was embarrassed but also angry and I wanted to show that it’s OK to stand up for yourself.’ Her power, though, was starting to wane and when one of the other players eventually took control of the game, Maguire called her at 2am to gleefully tell her: ‘You’re f****d’.
Devastated, she left Los Angeles in 2009 and moved to New York to start afresh with a clientele of wealthy Wall Street bankers and billionaires who would play hands of up to $4 million. But her life was spiralling out of control. ‘I’d been in a social group where everybody drank and used like I did. I was doing coke, stimulant pills to stay up, pills to come down, as well as alcohol to take the edge off, but suddenly I was drinking and using alone.
I was anxious, depressed and scared.’ Her lowest point came in 2010, when she was approached by the Mafia demanding protection money. When she refused, an intruder broke into her home, beat her severely and put a gun in her mouth. He took jewellery and hundreds of thousands of dollars from her safe, warning her: ‘We know where your mum lives.’ ‘I believed I was going to die,’ says Bloom.
- I couldn’t tell anyone what had happened because I was scared my family.
- I was alone.
- But the darkest part of it was that I still wanted to continue running the games.
- I lost myself when I started making a lot of money and became consumed with greed.
- It’s a sad thing to see yourself so spiritually bankrupt.’ In 2009, one of Bloom’s LA players, hedge-fund manager Brad Ruderman, was indicted by the government for running a Ponzi scheme, having apparently used Bloom’s games to find investors.
Then in March 2011, a game she had organised in New York was raided by the FBI (Bloom herself was absent). When she refused to talk to the investigators, her assets were frozen. Two years later, she was charged with profiting from hosting illegal poker games.
During the first seven years, the games had been legal, ‘but then I made a choice to do something illegal and I accept full responsibility for that.’ Bloom did 200 hours of court-ordered community service for a centre that works with victims of abuse, ‘and it turned out to be the most rewarding experience I could have imagined.’ She wrote her memoir, Molly’s Game, in 2014 to help pay off her enormous debts and received an advance of around $40,000, although she could have made millions.
She only named celebrities in her book whose names had already been made public after Ruderman’s deposition, ‘as I wanted to protect the others, or at least their families,’ The celebrity element of Bloom’s story is glossed over in the film and as Sorkin explained in a recent interview: ‘I have gone to great lengths to obscure the identities of those because I don’t want the movie to be about gossip.’ Instead it focuses on Bloom as very much a woman in a man cave’s world.
- As Sorkin added, Bloom is the heroine of the film because despite the threat of jail, ‘she would not name a single, she wouldn’t tell a story’.
- Her life now, she says, ‘is very simple.
- I’ve spent the last three years working on the book and consulting on the movie and I’ll work at some point, although I’m not going down the road again where I sell my soul.’ She misses the planning of the games – ‘I’d like to use that skill set for a higher purpose’ – but not their darkness.
‘And you know what? I don’t even know how to play poker.’ She grins. ‘I’m actually terrible at the game.’ © Molly Bloom, 2017 Molly’s Game is published by William Collins, priced £8.99. Order your copy at Molly wrote her memoir, Molly’s Game, in 2014 to help pay off her enormous debts For years, Molly Bloom ran the most star-studded high-stakes poker games in Hollywood, with actors such as Leonardo DiCaprio and Ben Affleck regularly gracing her tables.
- But when she was finally forced out of the game, she moved to New York to start up again, numbering Wall Street titans and billionaires among her players.
- It was here though that she was to run into some serious trouble.with the mafia.
- I started unpacking when I heard a knock.
- Probably Roger with my mail, I thought.
I opened the door to a stranger. He stepped forward forcefully into the entryway. Before I could protest, he pushed me back and came into my apartment, shutting the door swiftly behind him. I opened my mouth to scream and he pulled out a gun from under his jacket and slammed me back against the wall.
I felt pain radiate down from the center of my skull. He stuck the barrel of the gun in my mouth. “Keep your fucking mouth shut,” he said. Time slowed down. A gun in my mouth, there was a gun in my mouth. My teeth chattered as the unforgiving cold steel tapped against them. Cold fear and adrenaline surged through my veins.
I nodded my head to show I would comply and he pulled the revolver out of my mouth and pressed it to the back of my head. Maybe Roger would come. He was my only hope. “Walk,” he said, moving me with the gun toward my bedroom. He shoved me in the direction of my bed and I fell forward onto the mattress, exactly where I did not want to be.
- I was still hoping that Roger would show up, but what if there hadn’t been any packages,
- What if he forgot? Or worse, what if this madman shot him? I needed to pull myself together, but the terror made it so hard to think clearly.
- I scooted back and sat up against my headboard.
- I have money,” I managed to say.
“I have a lot of money.” “Where?” “I have cash in my safe.” He grabbed me by the hair. It still hurt from where he had smashed me against the wall. I felt dizzy. “Where?” “In my closet.” I motioned to the corner of my room. Okay, this was good. Maybe he was here for money.
- A tiny bit of clarity returned.
- I looked at his face; he had dark hair, large dark eyes.
- He was cleanly shaven.
- Why didn’t he have a mask on? WHY WASN’T HE WEARING A MASK? As things stood, I could easily identify him,
- The answer hit me like a brick.
- He’s going to kill me.
- I had left my family without saying good-bye.
I had been awful and mean. He’s going to kill me. He grabbed my arm and led me to the closet, then put his hand on my shoulder and shoved me onto my knees. My body had gone limp, the realization that these were most likely my last few minutes on this earth had replaced the fear with grief.
- He gestured toward the safe with the gun.
- Numbly I entered my code into the keypad.
- The gun was pressing against my skull.
- The metal door swung open to reveal the neatly organized, rubber-banded stacks of $10,000 and jewelry boxes within, along with important documents like my birth certificate and passport.
“Give me the cash and the jewelry,” he said. I could detect excitement in his voice. I passed him the stacks. I handed him the jewelry my grandmother had left me. “Give me a bag,” he ordered. He would need it to carry all the cash. I stood up carefully and handed him a Balmain bag from my extensive collection of designer purses.
He shoved the stacks, a gold locket with a picture of my great-grandmother who was my namesake, my mother’s wedding ring, and a pair of diamond earrings from my grandmother inside. He zipped the bag closed looking very pleased. Then he stooped down to where I was kneeling and grabbed my face with his rough and callused hands, shoving his face up against mine.
His breath smelled like tooth decay and cigarettes. He pressed his mouth against my ear and whispered, “You still think you can call the shots, you little fucking cunt?” “What do you mean?” I asked weakly “This is your fault. If you weren’t such a bitch to my friends, I wouldn’t have to do what I have to do.”
And that was the moment when it made sense: he had been sent by the guys I met at the Four Seasons.He ran the back of his hand down my cheek.”It’s such a shame, you have such a pretty face.”He pulled me to my feet by my hair.
He slammed my head into the wall. Everything was spinning. I was crying. As soon as I opened my eyes again, I felt his fist connect with my cheek. He hit me again in the nose. It felt like all my nerves exploded, then numbness. My hand flew to my face; blood was gushing out of my nose and into my mouth.
- I couldn’t breathe.
- I was choking on my own blood.
- He hit me again.
- His fist felt like an iron bar as it slammed against the delicate bones of my face.
- I imagined all of the bones breaking, splintering into little pieces.
- My face felt like it was blowing up like a balloon.
- I cried out and tried to get away from him, but there was nowhere to go in the closet, and I pushed myself back as far as I could, pressed against the dresses and coats, bleeding on rustling silk and smooth, soft fur.
Everything hurt. It hurt so much it almost stopped hurting, like it was one complete feeling that just changed the way it felt to be alive. I was like an animal, gasping, trapped. He pulled me out of the closet and then took his gun out of his jacket. I saw my mom and dad’s faces, my brothers, Lucy, Eugene.
- Please, I have a family.
- Please don’t kill me,” I choked.
- I didn’t care what he wanted, I would do anything.
- I just didn’t want to die.
- Molly,” he said, and now his voice was as gentle as his hand on my back, and sad.
- I told you.
- We didn’t want it to be like this,
- He pointed the gun at my face.
- I winced and shut my eyes.
It felt like an eternity. “Open your eyes. We could have a very good relationship, just don’t disrespect us ever again.” I managed to nod my head. “And don’t even think about calling the police. We know where your mom lives—a real pretty house in the Colorado mountains.” Oh God, oh God, what have I done? “I won’t,
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Can you beat the rake in poker?
Miller Explains How To Estimate How Rake Will Affect Your Game –
Card Player Magazine, available in print and online, covers poker strategy, poker news, online and casino poker, and poker legislation. Sign up today for a digital subscription to access more than 800 magazine issues and get 26 new issues per year! Judging by the questions I get asked, there’s one thing that students of poker are absolutely obsessed with. The rake. This rake is higher than what I’m used to. Can I beat it? I’m playing small, can I beat that rake? And so on. In general, I think this focus on the rake is misplaced.
Obviously, rake is a cost and costs are bad, but if you’re a student of the game, you should probably worry more about improving your poker skills than the rake. Seriously. The rake is never the thing that’s standing in the way of achieving your poker goals. The quality of your hard and soft poker skills is always the bottleneck, and so you should spend all the time worried about those and none of the time worried about the rake.
Nevertheless, people are very worried about rake, and so I wanted to talk a little about how to estimate the effect it will have on your game. I get questions like these quite frequently. “Hey Ed. I normally play $1-$3 no-limit with a rake of 10 percent up to $4.
- I have a winrate of $20 per hour over the last several years at that game.
- Now I’m travelling and I’m in a $1-$3 game, but the rake caps at $8.
- Is it still beatable?” Okay.
- So, first of all, the most important factor in whether a poker game is beatable or not is the quality of your opponents and your ability to exploit them.
If the players in the $8 rake game are substantially worse than those in the $4 game, you have nothing to worry about. On the other hand, if they’re bad in the new game, but bad in a way that’s different than what you’re used to—such that your normal exploitative plays won’t work—then you probably won’t beat the game.
- But you’ll probably learn something in the process.
- In any case, once again I think people are focusing on the difference in rake when they should be focusing on other differences between the game they’re used to and the new game.
- But let’s assume that everyone else is equal.
- All the players are the same.
Everything is exactly the same, except the rake rules have changed. How can you estimate the impact this will have on your winrate? Well, I would try to get an estimate for how much rake I’m paying every hour. Let’s say you’re playing about 30 hands an hour at a nine-handed game.
- The rake is 10 percent capped at $4.
- Not every pot hits the cap, however, so let’s say for the sake of argument that the average pot is raked about $3.
- That’s $90 per hour coming off the table, and it’s a nine-handed game, so the average player is paying $10 per hour in rake.
- This is a rough estimate, of course.
How much rake you pay depends on how active you are. Play tight, pay less rake. Play loose, pay more. Keep pots small, pay less. Bloat pots, pay more. And so on. A good no-limit player will probably win more than the average number of pots (even if they’re playing tighter than the average player).
Maybe instead of $10 per hour in rake, you pay $12 or $13. If your post-rake winrate is really $20 (it’s dangerous to assume that your winrate going forward will be the same as the winrate you’ve achieved in the past, but that’s a topic for another article), if it’s really $20, then your pre-rake winrate is something like $32 or $33 per hour.
Now the job is to figure out how much you will pay in the new rake structure. So, it’s 10 percent capped to $8. That may at first appear to be a straight doubling of the rake, but it’s a bit less than that. Not every pot got capped at $4 rake (we assumed the average pot was $3).
Using the same assumption, the new rake has to be less than an average of $6, because an even larger proportion of the pots won’t be capped now. Let’s say for the sake of argument that it’s $5 per hand on average. The new rake structure takes an additional $2 per hand off the table, or $60 per hour. Divide by 9 to get your average share and it’s—well let’s call it $7 per hour.
Maybe you win a few extra pots than the average player, so let’s bump it to $8 or $9 per hour. Add that to the $12 or $13 you were out before the rake change, and now we’re at about $21 or so per hour in rake. Subtract that from your pre-rake winrate and you get $11 or $12 per hour.
Yes, the game is still beatable for you with the new rake structure. But also, yes, the rake is going to hit your winrate pretty hard—at least percentagewise. Other Considerations But here’s the thing. Bad rakes often come together with bad players. The nitty, solid, rock garden type players absolutely hate rake.
They’ll take a look at the $8 drop and head for the hills. Or, rather, their grind-it-out-for-fifty-cents-an-hour-in-comps strategy won’t work out with the new math. Instead of playing break-even poker (or slightly better) and getting a few perks for their time spent, they’ll be losing on a per hour basis.
Eventually this sort of player tends to figure this out and avoids the game. So usually when you go from a lower to higher-raked game, all things will not be equal. The players will be worse, and often that will more than make up for the added rake. This is especially true if you can finagle other rule changes like deeper stacks, straddles, and so on.
If you’re looking at the new rake and think, “Wow, how much extra is this going to cost me?” you’re really only looking at a small part of the picture. Try to evaluate the value of all the changes in the game, and not just the one that is clearly and obviously bad for you.
- One thing I will say about high rakes is that they can damage the economic ecosystem of the game.
- The more you depend on “grinding it out” to make your money at poker, the more a higher rake is going to hurt you.
- It will burn out the worst players over time.
- So, for example, if an online site decided to jack its rake up to $8 per hand, you’d very soon see all the weaker players go broke and stop redepositing.
But live games are slow and can handle burnout rakes much better, because the weaker players have time to make more money at their jobs or businesses or whatever before the next game. In the end, very few poker games are unbeatable because of the rake. Ed’s latest book, The Course: Serious Hold ‘Em Strategy For Smart Players is available now at his website edmillerpoker.com. You can also find original articles and instructional videos by Ed at the training site redchippoker.com.
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How do you rake in poker?
In its essence, taking a rake means taking money for admitting players to the poker table and letting them play.
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How do you win the rake?
Safe-House Strategy (Ends in Defeating the Rake) – The goal of this strategy is to kill the Rake, so it requires you to be brave, willing to attract the Rake, and to be a team player (this is a multiple player strategy, just so you know). This strategy will require several items beforehand to get started though.
- These being as follows: Rake Traps, Tracker, Voltmeter (Optional), Night Vision (Optional but highly recommended), UV Light, Vitamins, Stun Sticks, and the Vest (Optional).
- To gather all this, it may take up to two-three nights at most and will get done faster with a team of 2+.
- Each teammate should carry at least one of the items listed.
For instance, someone uses the tracker, while two people use stun sticks, and one person uses UV light, and another has bear traps. This will give each member a fighting chance against the Rake and allow each player to play a role in beating the rake.
(If you do not have something that can damage Rake, just distract him for your friends) To actually get this strategy set up, you need to camp BEHIND the Safe House, as this is a very good spot to bait the Rake. First, you must lure the Rake to Safe House and get him caught in a Rake Trap. Have other players set up traps near so if the Rake starts chasing you, he can get caught in a different trap.
After you’ve exhausted your supply of traps, the aggressive part of this strategy begins. Have a player blind the Rake with the UV Light, then have users with Stun Sticks pop vitamins and start attacking the Rake while he’s blinded. If effective in executing this strategy you can kill the Rake.
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Why is raking a poker game illegal?
Legality – In most legal jurisdictions, taking a rake from a poker table is explicitly illegal if the party taking the rake does not have the proper gaming licences and/or permits. The laws of many jurisdictions do not prohibit the playing of poker for money at a private dwelling, provided that no one takes a rake.
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Do casinos make money off poker?
Cash Games With Fixed Percentage Rake – In a cash game, whether it is No-Limit Hold’em, PLO, or any other form of poker out there, the rake is taken out of a great majority of pots before they are handed over to the winner. In most casinos, it’s a fixed percentage, going anywhere from 2-10% of the total pot.
Both of these extremes are quite rare as in most games you’ll be paying rake of 3-5%, Usually, there’s also a maximum cap on the amount of rake that can be taken out of any individual pot, that is based on the particular casino’s rules. It isn’t unusual for people to sit with very deep stacks (500 big blinds or more), and if two such players end up in an all-in scenario, having no cap on maximum rake could end up being very costly for them.
Still, some venues do go with the no cap rule, but these are not the games you want to be playing. Let’s look at a quick example, just for the sake of clarity. You are playing $1/$2 game, and end up in an all-in situation where you put all of your $300 preflop against another player with a similar stack.
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Which poker site has the lowest rake?
Which Site Offers the Lowest Rake for 16NL? ($0.08/$0.16) –
| Site | Rake | Currency | Cap per pot, max players (big blinds) |
|---|---|---|---|
| PokerStars | 4.50% | USD | 9 |
| Betfair | Not offered | Not offered | Not offered |
| GGPoker | Not offered | Not offered | Not offered |
| Party Poker | Not offered | Not offered | Not offered |
| 888 | Not offered | Not offered | Not offered |
| William Hill | Not offered | Not offered | Not offered |
| Bet365 | Not offered | Not offered | Not offered |
| Sky Poker | Not offered | Not offered | Not offered |
| Unibet | Not offered | Not offered | Not offered |
VERDICT: Well, if you want to play at stakes as weird as $0.08/$0.16, then PokerStars is pretty much your only option.
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Did Molly’s game go jail?
This article is about the poker entrepreneur and author. For the fictional character in Ulysses, see Molly Bloom,
| Molly Bloom | |
|---|---|
| Born | April 21, 1978 (age 44) Loveland, Colorado, U.S. |
| Occupation | Entrepreneur, speaker, author |
| Notable work | Molly’s Game |
| Relatives | Jeremy Bloom (brother) Colby Cohen (cousin) |
Molly Bloom (born April 21, 1978) is an American entrepreneur, speaker, and author of the 2014 memoir Molly’s Game, She had trained for years to become an Olympic skier, but was injured while trying to qualify for the Olympics. In April 2013, she was charged with running a high-stakes poker game that originated in the Viper Room in Los Angeles, which attracted wealthy people, sports figures, and Hollywood celebrities.
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Does Vegas take a rake?
April 04, 2017 
If you’re like a lot of poker players who will be at the World Series of Poker this summer, you’ll be seeking out the cash games not only at the Rio All-Suite Hotel and Casino, but elsewhere in Las Vegas, too. I thought it would be worthwhile to give players an idea of what to expect with regard to both the rake and comps offered at other Las Vegas cash rooms.
I’ve put all of this information together in one chart below for your easy review when you go to Las Vegas. This way, you’ll know the rooms that give you the best value while you play, showing you where you’ll pay the least and earn the most. Most casual players pay little or no attention to the cost of playing poker.
But there is a cost, as we serious players know. It’s called the “rake” — the amount that the house takes out of every pot. Sometimes the rake is the difference between a player winning or losing money in a public poker room. The lowest rake in Las Vegas at this time is $3 maximum per pot, while the highest is $5 maximum.
- Not all rooms rake the same amount.
- The lowest rake in Las Vegas at this time is $3 maximum per pot, while the highest is $5 maximum.
- Similarly, many rooms offer players compensation for playing poker in their casino.
- It’s generally not nearly as much as they offer to players who want to play “house advantage” games like blackjack, slots or craps.
But it can add up, with some rooms paying considerably more in “comps” than others. Some poker rooms offer nothing at all to players, while others offer as much as $2 per hour. Most pay around $1 an hour or thereabouts. At face value, it might seem like the rake and comps are too insignificant to make much of a difference.
- But think about this.
- A room that charges a $5 maximum rake is charging 25 percent more than a room that charges a $4 maximum rake.
- Similarly, a room that gives players $2 an hour in comps is paying 100 percent more than a room that pays only $1 an hour to its players.
- Some practices regarding the rake are fairly standard from room to room.
All rooms take out the rake at roughly 10 percent increments. Nearly all follow the rule that there is no rake if the betting ends before the flop (a.k.a., the “no flop, no drop” rule). In the chart below, I refer to the maximum or cap on the rake. Meanwhile the comps refer to the amount per hour that a player earns that can usually be used on hotel rooms, beverages and food.
Some places also allow comps to be spent on other casino merchandise. Keep in mind that just as rooms change the games they spread, they also change their rake and comps from time to time. If you want to be certain about the most current information about each room, I suggest you check with them directly beforehand.
One other note about the rake. Most rooms offer bad beat jackpots and/or other promotions. These promotions are nearly always paid for by the players with additional “jackpot drops.” Though this money is returned to the players, it still comes out of the pot, and it may reasonably be considered additional rake by some.
| Poker Room | Max Rake | Comps/hour |
|---|---|---|
| Aria | $4 | $2 |
| Bally’s | $5 | $1 |
| Bellagio | $4 | $2 |
| Binion’s | $4 | $2 |
| Boulder Station | $4 | $1 |
| Caesars | $4 | $2 |
| Cannery | $4 | $1 |
| Club Fortune | $3 | $1 |
| Excalibur | $4 | $2 |
| Flamingo | $5 | $1 |
| Golden Nugget | $4 | $2 |
| Green Valley Ranch | $4 | $1 |
| Harrah’s | $4 | $1 |
| Luxor | $4 | $2 |
| Mandalay Bay | $4 | $1 |
| MGM | $5 | $1 |
| Mirage | $4 | $2* |
| Orleans | $3 | $1.25 |
| Palace Station | $4 | $1 |
| Planet Hollywood | $5 | $1 |
| Red Rock Canyon | $4 | $1 |
| Sam’s Town | $3 | $1.25 |
| Santa Fe Station | $4 | $1 |
| Silver Sevens | $4 | $1 |
| South Point | $4 | $1 |
| Sun Coast | $3 | $1.25 |
| Stratosphere | $4 | $1 |
| Venetian | $5 | $1 |
| Wynn | $5 | $1.50 |
changing systems soon and will go to two tier comps, $1 or $2 depending on rating card. 
Lead image c/o Kyle Peyton/Flickr, Las Vegas photo copyrights Moyan Brenn Ashley Adams has been playing poker for 50 years and writing about it since 2000. He is the author of hundreds of articles and two books, Winning 7-Card Stud (Kensington 2003) and Winning No-Limit Hold’em (Lighthouse 2012).
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- I recognized in that instant that this is not an opportunity that a girl from a small town in Colorado gets.
- There were Wall Street titans.
- There were billionaires.
- There were A-list actors, the most famous people we see on television, politicians, and they’re all seated around this table playing this game that I didn’t know what it was, but it seemed to be super compelling to them.” -Ellen Is The Cobra Lounge a real nightclub? No.
- She was to be contacted about setting up a meeting but it never happened.
- Bloom read in the newspaper that the FBI had arrested close to 125 individuals in a large-scale mob roundup.
- Is Idris Elba’s character, Charlie Jaffey, based on a real person? No.
- Obviously Molly Bloom did hire lawyers, but Charlie Jaffey is a fictional character.
- Bloom also wrote that Maguire “was the worst tipper, the best player, and the absolute worst loser.” Did Molly’s mom put her house up to help her pay her legal bills? Yes.
- I had left a huge mess of my life,” says Molly.
- A big part of that was knowing that her mother had put her house up to help her pay her bail and legal fees.
- I have a network, and I have a lot of lessons,” says Molly.
- I made a lot of mistakes.
- So I want to help women to be successful.” She’s working on developing localized co-working spaces for women in an effort to build community.
- She’s also working in social media to that end as well.
- Ellen Molly Bloom Interview & Related Videos Expand your knowledge of the Molly’s Game true story by watching the Molly Bloom interview below.
- Cad is a closely related term.
- Comparable terms are ” libertine ” and “debauchee”.
- The Restoration rake was a carefree, witty, sexually irresistible aristocrat whose heyday was during the English Restoration period (1660–1688) at the court of King Charles II,
- They were typified by the “Merry Gang” of courtiers, who included as prominent members the John Wilmot ; George Villiers ; and Charles Sackville, who combined riotous living with intellectual pursuits and patronage of the arts.
- The Rake will follow your scent trail and eventually catch up to you if you don’t start moving again soon.
- If the Rake is in the area, get out and stay away from the area; the Rake will eventually wander away.
- Or track you down.
- Attempt turning your screen 360° quickly, and report what direction in which the sounds are strongest.
- However, the Rake is attracted to the firing of the flare gun and it will proceed to head toward the direction it was fired.
- It has been proven that Rake is scripted to follow the player in a “wander” type movement.
- Think of it as chasing, but slower.
- The rake will follow the player by walking towards the player in a zig-zag movement.
- At the start of Nighttime, the player is informed of their objective by a screen message, telling them to survive the night.
- The Rake is active during this period of time and will spawn at the Cave.
- Due to the Rake being active, players are rendered vulnerable during Nighttime, and can no longer wander freely without risking being hunted down.
- Cad is a closely related term.
- Comparable terms are ” libertine ” and “debauchee”.
- The Restoration rake was a carefree, witty, sexually irresistible aristocrat whose heyday was during the English Restoration period (1660–1688) at the court of King Charles II,
- They were typified by the “Merry Gang” of courtiers, who included as prominent members the John Wilmot ; George Villiers ; and Charles Sackville, who combined riotous living with intellectual pursuits and patronage of the arts.
- Origins Available:
- Wales
- But think about this.
- A room that charges a $5 maximum rake is charging 25 percent more than a room that charges a $4 maximum rake.
- Similarly, a room that gives players $2 an hour in comps is paying 100 percent more than a room that pays only $1 an hour to its players.
- Some practices regarding the rake are fairly standard from room to room.
Who was exposed in Molly’s game?
Questioning the Story: Was Molly Bloom really a professional skier? Yes. The Molly’s Game true story reveals that, like in the movie, former freestyle mogul skier Molly Bloom had never made it to the Olympics, in part due to an injury. “I was on the U.S.
Ski Team,” Bloom said during an interview on Ellen, “I was third in North America, and I crashed pretty horrifically on my Olympic qualifying run.” With skiing out of the picture, Molly still felt a great deal of pressure to be successful. Her brother, Jeremy Bloom, was a two-time Olympian freestyle skier who was also a professional football player for the Philadelphia Eagles and Pittsburgh Steelers.
Her other brother is a surgeon who graduated from Harvard Medical School. To learn more about her injury and time as a professional skier, read her book, Molly’s Game: The True Story of the 26-Year-Old Woman Behind the Most Exclusive, High-Stakes Underground Poker Game in the World,
Actress Jessica Chastain (left) in the movie and the real Molly Bloom (right). How did Molly Bloom become involved in the world of high-stakes poker? While taking the year off between undergrad and presumably law school, Molly went to LA in 2003 and began working a number of different jobs, including as a cocktail waitress and an executive assistant to real estate entrepreneur Darin Feinstein, one of the co-owners of the Hollywood nightclub The Viper Room (renamed The Cobra Lounge in the movie).
One day Feinstein told her, “I’m going to need you to help me run this poker game.” Molly went home and started Googling, “What kind of music do poker players like to listen to?” and “What do they eat?” “I made this mix CD with ‘The Gambler’ on it and other really clichéd songs,” says Molly, “and I had a cheese plate, and my cutest outfit, and I walked into this room and it was incredible.
In answering the question, “How accurate is Molly’s Game ?” we learned that the real nightclub where the poker games initially took place was The Viper Room on the Sunset Strip in West Hollywood. The club had been partly owned by Johnny Depp from its opening in 1993 until 2004.
It was a popular celebrity hangout and is famous for being the location where actor River Phoenix died of a drug overdose on Halloween morning in 1993. The movie’s Cobra Lounge (top) is a stand-in for the real nightclub, The Viper Room (bottom) in West Hollywood. Did Molly Bloom really get $3,000 in tips on her first night helping out with her boss’s poker game? Yes.
The $3,000 in tips comes straight from her memoir. The money helped inspire her to fully embrace the world of underground poker. Like in the film, she tried to learn as much as she could about poker through internet and personal research. Was Molly’s boss really an unpleasant man? Yes, at least that’s what she states in her book Molly’s Game,
Portrayed by Jeremy Strong in the Molly’s Game movie and referred to as Reardon Green in the book, Molly’s boss, Darin Feinstein, wasn’t the most pleasant of men. The scene in the movie when he yells at Molly (Jessica Chastain) for buying “poor people bagels” is real, according to her memoir. Was the real Molly Bloom involved in the making of the movie? Yes.
Screenwriter/director Aaron Sorkin consulted Molly throughout the screenwriting process. He also relied heavily on her memoir of the same name (pictured below). -TIME How did Molly end up starting her own poker game? Like in the movie, her boss fired her from his game, so she decided to utilize the contacts she made to start up a poker game of her own.
How much was the buy-in to get into Molly’s poker games? In researching the Molly’s Game true story, we learned that initially the buy-in started at $10,000. “Ultimately, it got to $250,000,” Molly Bloom said during an interview on Ellen, She became known as the “Poker Princess.” Who were some of the celebrities who played in Molly Bloom’s poker games? Molly ran two underground games that attracted some of Hollywood’s biggest stars, including Leonardo DiCaprio, Tobey Maguire, Ben Affleck, Matt Damon, Macaulay Culkin, Alex Rodriguez, Pete Sampras and others.
In her book, Bloom only mentions the celebrities who had already been outed in the media prior to the book being published. She stayed silent on the others, protecting their identities. The celebrities who played in Molly Bloom’s poker games included (clockwise from top left): Tobey Maguire, Matt Damon, Leonardo DiCaprio, Alex Rodriguez, Macaulay Culkin, Ben Affleck and Pete Sampras.
What’s the most that Molly Bloom saw someone lose in a single night? “I saw someone lose $100 million in a night,” says Bloom, “and he paid the next day.” -Ellen Did a mobster really put a gun to Molly’s head? Yes. This is in Bloom’s memoir. Like in the movie, she had hired a driver for security reasons.
He introduced her to some of his mobster friends. They offered her protection for a slice of her profits. When she refused, a man showed up at her door with a gun. He roughed her up and threatened her family. He made off with her cash and jewelry, telling her that he had been sent by the mobsters.
When writing the screenplay, Aaron Sorkin did not interview Bloom’s real-life lawyer, Jim Walden (pictured below, right). Sorkin said he wanted to be able to fictionalize the character to best serve the story and not have to worry about keeping him historically accurate.
However, Bloom says that, similar to the film, her criminal attorney, Jim Walden, did vouch for her for $250,000 that she didn’t have. “It saved my butt,” says Bloom. -Vice Idris Elba’s character Charlie Jaffey (left) is almost entirely fictional. Aaron Sorkin did not create him to represent Molly Bloom’s real-life lawyer Jim Walden (right).
Did Molly Bloom become addicted to drugs? Yes. In researching how accurate Molly’s Game is, we discovered that as the game began to get out of control, so did Molly’s life. She ended up addicted to drugs. Her poker customers came to include men from the Russian mob.
She often found herself being stiffed cash she was owed. This prompted her to take a percentage of the pot in order to operate as the bank, a move that caught the attention of the Feds. -People What was the worst that Molly got stiffed? “The very worst time I got screwed ended up costing me $250,000, and that really hurt,” says Molly.
“But I wrote the check—what are you going to do?” She says that she wasn’t willing to resort to violence in order to collect, and if she was vetting the players properly, she wouldn’t have to worry about not getting paid. -Vice Actress Jessica Chastain (left) as Bloom in the movie and “Poker Princess” Molly Bloom (right) in real life.
How did Molly Bloom get busted by the FBI? “The trajectory that I started out, from serving people drinks, then I became a game runner and operator, and then, ultimately, I became the bank,” Molly explained. “So I was extending credit to these guys. I was essentially loaning them money, guaranteeing that money.
I had to figure out – I had to do background checks and vet them to see if they were good for it. And I was getting stiffed a lot. I had to write big checks for people that didn’t pay. So I started taking a percentage of the pot like Vegas does. And that was when I crossed over and broke a federal law.” “The feds first found out about it because a guy in my LA game was running a Ponzi scheme.
He lost $5 million in the game and they came after all of us. That’s how the celebrities got outed. That’s how they found out about this game. And then, the feds started secretly following me and listening to our conversations.” This is pretty much exactly how it unfolds in the movie. -Ellen In 2011, the group of hedge fund investors who had been taken in Bradley Ruderman’s Ponzi scheme ended up suing Tobey Maguire and other celebrities.
The investors claimed the celebrities had won cash from Ruderman that belonged to them. -Business Insider Is Michael Cera’s “Player X” character based on a real person? It’s somewhat obvious that “Player X” represents Tobey Maguire, who plays the biggest part in Bloom’s memoir, but there’s not an exact one-to-one correlation between the two.
Writer/director Aaron Sorkin even gives a nod to the Spider-Man actor at one point, with a line about “Player X” portraying a superhero. According to the true story, another actor took control of the weekly game, and Bloom writes that Maguire was the one who called her and giddily informed her that she had lost the game, as “Player X” does in the movie.
In real life, Bloom wrote in her memoir that Tobey Maguire once offered her a $1,000 tip to bark like a seal that wants a fish and then stormed off when she refused. This seems to be in line with the tasteless persona of “Player X” in the Molly’s Game movie,
Her mother’s sacrifice helped inspire her to write the book. “When I took in the personal inventory after the wreckage I had caused, the story itself seemed like the most monetizing asset so that I could be closer to paying these people back.” After writing the book, she went around Hollywood trying to find a way to get a meeting with Aaron Sorkin.
Her persistence paid off. They met and he was onboard for turning her story into a film. -Vice What was Molly Bloom’s punishment? In 2014, Bloom, who was 36 at the time, was cleared of a number of the charges she was facing and was sentenced to one year probation, 200 hours of community service, and a $1,000 fine.
At the sentencing, her lawyer, Jim Walden, conveyed to the court that Bloom was in severe debt in part due to giving up $125,000 in poker profits as part of her plea. -USA Today What is Molly Bloom doing today? Molly is using her networking experience to reach fellow women and help them become successful.
Link-to-Learn More:
Molly Bloom’s Official Website Molly’s Game Official Movie Website
What kills a rake?
Weapons that Hurt the Rake –
The Rake will die from 4-6 s but 5 is a good number. The Rake can be hit from a single at least 10 times. He will sometimes block stuns as well. The Rake can be stunned by (but not hurt) for 5 minutes, it isn’t recommended that UV is your only weapon. He can also shield his eyes from it, so be careful. The Eerie Pumpkin will take away around 25% of the Rake’s HP, however only one person can use them per, As of the Remastered Edition, it no longer gives damage to the rake.
Can the rake hear you?
Roaming State – The Rake hasn’t found anyone yet and does nothing but roam the map and get closer to the player he’s closest to, but very slowly. From experience, The Rake does not seem to intentionally check landmarks, though, this does not mean The Rake will not have a 0% chance to check your area.
When nearby, The Rake will make noises that will alert the player of its whereabouts. A sniffing sound will play if the Rake is around 125-180 studs away from the player. It’s best to look around and try to avoid The Rake while hearing this. Equipping the Tracker may help you know whether or not you are making distance or getting closer.
To debunk common belief, The Rake is not attracted to, nor affected by lights, sounds, or movement, with the only exception being the UV Light, stun stick, and bear trap, Sound cues such as The Rake sniffing in the Remastered version have been lowered in volume and play less frequently so beware.
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Is the rake hostile?
Personality – The Rake is known to be extremely hostile and aggressive towards its prey and victims. The Rake seems to be quiet intelligent, It usually stalks its victims for quiet a long time before attacking them with its unbelievable speed and sharp claws.
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What is the point of raking?
Leaves left in place over winter often become wet and compacted, further damaging the lawn and creating a messy appearance. Raking up leaves in the fall keeps the lawn healthy and neat looking. Your grass and your neighbors will thank you.
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Why is it called a rake?
“Roué” redirects here. For sauce, see roux, In a historical context, a rake (short for rakehell, analogous to ” hellraiser “) was a man who was habituated to immoral conduct, particularly womanizing, Often, a rake was also prodigal, wasting his (usually inherited ) fortune on gambling, wine, women, and song, and incurring lavish debts in the process.
At this time the rake featured as a stock character in Restoration comedy, After the reign of Charles II, and especially after the Glorious Revolution of 1688, the cultural perception of the rake took a dive into squalor. The rake became the butt of moralistic tales, in which his typical fate was debtors’ prison, venereal disease, or, in the case of William Hogarth ‘s A Rake’s Progress, insanity in Bedlam,
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How does the rake find you?
Listen for Sounds, Lights & Movement. – When entering a server, sounds are vital to surviving. The player can predict the situation, increasing their chance of survival. The Rake is almost silent. The best strategy is to look around so that he cannot sneak up on you.
Look around for a pair of small, white eyes. If you can see them, the Rake should be about 90 studs away from you. If you see the Rake, DO NOT Zig-Zag. The rake is a monster, not an alligator. (The best strategy is to run in the opposite direction) If there are screams, another player has accidentally hurt themselves or the Rake has attacked them.
If you hear any inhuman shrieks, that means the Rake has found a player and has started to chase them. When the Rake gets close to you, you will hear his scream and your camera will swivel to face him. Swing your camera back around and RUN. Chase music will play and will only stop when the Rake has lost sight of you.
Occasionally check the Radio, players commonly report where the Rake is.
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What attracts the rake?
The Rake – Late version 10 Rake The Rake is the main antagonist of the game and serves as the primary threat to the player. At Nighttime, The Rake will emerge from The Cave or possibly the well. It possesses a humanoid body with long, sharp predator-like claws, white-glowing eyes, and long toe-claws (which serve no purpose other than terrifying players). 
Old rake was killed screen When it is near the player, it will begin to make sniffing noises, which will endure for a few seconds, until it has gotten near the player enough to track the scent. It will then follow the player. The player’s heart will start beating when it gets close enough.
The rake is only a little slower than the player, which means if you don’t find a meatshield soon, it will attack you as soon you are out of stamina. When the Rake is about 50 studs away, it will scream, throwing its arms back. This gives the player a chance to run. After screaming, it will run towards the player with its arms outstretched.
The Rake does not run out of stamina and will continue to chase the player until they are dead or no longer in range or insight of the detection radius. The Rake is not attracted to lights (proven by RVVZ), radios, or screams emitted from people. which is how it has been ever since the first version of the game was presented to Roblox.
The Rake can be killed if you use specific items against him that can stun him. Once Rake reaches the minimum amount of health, It will run back to his cave. When killed, Rake will scream throughout the whole map, and the nighttime will end. Players who were involved in defeating Rake, will be awarded with 200 Points and a badge.
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How long is a night in the rake?
Night time – Night time is the period of time where most of the game occurs. Night lasts 8 minutes and 20 seconds. Player vision is severely limited as light and visibility enjoyed during Daytime are now eliminated, making the environment extremely dark and difficult to navigate without a Headlamp, Flashlight, Compass or Night Vision.
During this time, the Shop closes. During Nighttime, locations throughout the map can aid the player’s survival. These include, but are not limited to:
The Safe House which can be used as a temporary shelter from the Rake. The Safe House possesses a mechanical door that can be used to bar entry inside, although doing so consumes power and cannot be used to keep out the Rake permanently as the Rake can bust through a weak spot in the roof. The Observation Tower which provides the player a high altitude to hide from the Rake. The tower also has floodlights that can be turned on to increase visibility, although power will be lost very quickly if left on for a while. The Power Station which supplies the player(s) with power. Power is essential to the survival of the players, as it allows them to use various utilities and items. Consumption of power may lead to a Blackout, in which players will need to reactivate the Power Station. The Base Camp which provides the player with flare coordinates that signal an airdrop. a very bad place to camp (otherwise useless except for a camera)
All other gameplay locations (aside from the Well and Cave, which are possible starting locations of The Rake) provide no in-game function. Night time lasts for 8 minutes and 20 seconds. Like during Daytime, player with or close in proximity to a Watch will hear beeping sounds 15 seconds before Night ends.
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Why is it called a rake?
“Roué” redirects here. For sauce, see roux, In a historical context, a rake (short for rakehell, analogous to ” hellraiser “) was a man who was habituated to immoral conduct, particularly womanizing, Often, a rake was also prodigal, wasting his (usually inherited ) fortune on gambling, wine, women, and song, and incurring lavish debts in the process.
At this time the rake featured as a stock character in Restoration comedy, After the reign of Charles II, and especially after the Glorious Revolution of 1688, the cultural perception of the rake took a dive into squalor. The rake became the butt of moralistic tales, in which his typical fate was debtors’ prison, venereal disease, or, in the case of William Hogarth ‘s A Rake’s Progress, insanity in Bedlam,
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Why is it called rake?
Sale The origins of the Welsh name Rake go back to the ancient Celtic culture that existed in the hills and Moors of Wales, The forbears that initially held the name Rake once lived near a pass or narrow valley. The surname Rake is derived from the Old English word hraca, which means throat.
The surname Rake belongs to the class of topographic surnames, which were given to people who resided near physical features such as hills, streams, churches, or types of trees. However, the surname Rake may be derived from residence at The Rake in Sussex, at Raikes Farm in Surrey, or at Raikes in the West Riding of Yorkshire,
In this case, the surname Rake belongs to the category of habitation names, which are derived from pre-existing names for towns, villages, parishes, or farmsteads.
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Does Vegas take a rake?
April 04, 2017 If you’re like a lot of poker players who will be at the World Series of Poker this summer, you’ll be seeking out the cash games not only at the Rio All-Suite Hotel and Casino, but elsewhere in Las Vegas, too. I thought it would be worthwhile to give players an idea of what to expect with regard to both the rake and comps offered at other Las Vegas cash rooms.
I’ve put all of this information together in one chart below for your easy review when you go to Las Vegas. This way, you’ll know the rooms that give you the best value while you play, showing you where you’ll pay the least and earn the most. Most casual players pay little or no attention to the cost of playing poker.
But there is a cost, as we serious players know. It’s called the “rake” — the amount that the house takes out of every pot. Sometimes the rake is the difference between a player winning or losing money in a public poker room. The lowest rake in Las Vegas at this time is $3 maximum per pot, while the highest is $5 maximum.
Not all rooms rake the same amount. The lowest rake in Las Vegas at this time is $3 maximum per pot, while the highest is $5 maximum. Similarly, many rooms offer players compensation for playing poker in their casino. It’s generally not nearly as much as they offer to players who want to play “house advantage” games like blackjack, slots or craps.
But it can add up, with some rooms paying considerably more in “comps” than others. Some poker rooms offer nothing at all to players, while others offer as much as $2 per hour. Most pay around $1 an hour or thereabouts. At face value, it might seem like the rake and comps are too insignificant to make much of a difference.
All rooms take out the rake at roughly 10 percent increments. Nearly all follow the rule that there is no rake if the betting ends before the flop (a.k.a., the “no flop, no drop” rule). In the chart below, I refer to the maximum or cap on the rake. Meanwhile the comps refer to the amount per hour that a player earns that can usually be used on hotel rooms, beverages and food.
Some places also allow comps to be spent on other casino merchandise. Keep in mind that just as rooms change the games they spread, they also change their rake and comps from time to time. If you want to be certain about the most current information about each room, I suggest you check with them directly beforehand.
One other note about the rake. Most rooms offer bad beat jackpots and/or other promotions. These promotions are nearly always paid for by the players with additional “jackpot drops.” Though this money is returned to the players, it still comes out of the pot, and it may reasonably be considered additional rake by some.
| Poker Room | Max Rake | Comps/hour |
|---|---|---|
| Aria | $4 | $2 |
| Bally’s | $5 | $1 |
| Bellagio | $4 | $2 |
| Binion’s | $4 | $2 |
| Boulder Station | $4 | $1 |
| Caesars | $4 | $2 |
| Cannery | $4 | $1 |
| Club Fortune | $3 | $1 |
| Excalibur | $4 | $2 |
| Flamingo | $5 | $1 |
| Golden Nugget | $4 | $2 |
| Green Valley Ranch | $4 | $1 |
| Harrah’s | $4 | $1 |
| Luxor | $4 | $2 |
| Mandalay Bay | $4 | $1 |
| MGM | $5 | $1 |
| Mirage | $4 | $2* |
| Orleans | $3 | $1.25 |
| Palace Station | $4 | $1 |
| Planet Hollywood | $5 | $1 |
| Red Rock Canyon | $4 | $1 |
| Sam’s Town | $3 | $1.25 |
| Santa Fe Station | $4 | $1 |
| Silver Sevens | $4 | $1 |
| South Point | $4 | $1 |
| Sun Coast | $3 | $1.25 |
| Stratosphere | $4 | $1 |
| Venetian | $5 | $1 |
| Wynn | $5 | $1.50 |
changing systems soon and will go to two tier comps, $1 or $2 depending on rating card. Lead image c/o Kyle Peyton/Flickr, Las Vegas photo copyrights Moyan Brenn Ashley Adams has been playing poker for 50 years and writing about it since 2000. He is the author of hundreds of articles and two books, Winning 7-Card Stud (Kensington 2003) and Winning No-Limit Hold’em (Lighthouse 2012).
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Who is considered a rake?
A dissolute or immoral person, especially a man who indulges in vices or lacks sexual restraint.
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