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Rake (Poker)
Rake in poker is the 'tax' that an online poker room or Casino charges for hosting the game. The amount taken varies and is taken directly out of the money accumulated in the pot.
This is an important concept when playing poker. As a player you need to take into account the amount of the rake you are contributing. For instance, you play ten hands for $100 each and you win five and lose five. Are you break even? No, you have bet $1,000 in total and assuming the rake is about 3%, you are $30 down. So how do you calculate how much rake you are paying? Well there is no easy way to know unless you add up the rake per hand. Whether in a casino or online poker room, the amount of rake taken should be publicized. From there the math is down to you.
Similar to rake is the entry fee that you will pay to play a tournament. Let's assume this time you play ten heads up matches for $10 each and you end up winning five, losing five. Again, you will be down $10 as you will have paid $1 entry fee per tournament.
To play winning poker, you need to factor in this amount. When considering rake in a cash game, the rake contributions reduces the pot equity for each and every player in the hand. Another important point to remember is that the players who win pots do not win the rake, but win the pot less the rake that is taken. Loose players who like to get involved in lots of pots, become more exposed to rake as they have to pay more rake with each hand that they play.
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