Online poker platforms offer various ways to play poker, including cash games and poker. No matter which platform you choose to play this game, you will likely have to pay something called “rake.” Now, if you’re not new to poker, you probably know that rake is also present in live poker rooms. Its online counterparts only copied this system.
Essentially, poker rake is a type of fee that players have to pay for participating in a poker hand when they play cash games. However, it’s important for you to understand that there are various ways the rake is charged, so let’s take a look at them.
The most common type of rake is the one taken by the dealer after all players make a bet. Usually, the rake is between 5% to 10% of the entire pot in cash games. However, some online poker sites offer even lower rake that goes as low as 2.5%. Naturally, there are some free games that don’t take rake at all.
Dead Drop Rake
Dead drop rake is an attempt to flat-out the amount of money players have to pay. In traditional pot rake, a player who won $10,000 in chips will have to pay a bigger rake compared to a player who won $10. Therefore, some poker games usually charge the player with the button a fixed price before the betting even begins in order to make sure everyone pays the same.
Some live poker rooms adapted the method where they collect the rake from all players after a certain period of time. For example, they can collect rake every 30 minutes or so. However useful, this is not very popular, especially not among online poker rooms which mostly prefer the good old pot rake.,
Another way to insert more fairness into poker games is not to charge a percentage to the winning amount but always charge a fixed fee. In other words, no matter whether the pot is $10 or $10,000, as the charged rake will always be the same. This is sometimes present in high-stakes games where 5% or 10% would mean that a player would sometimes even have to pay more than $1,000 for their win.
What About Tournaments?
Online and live tournaments work in a little different way, as many tournaments charge a fee on top of the buy-in. For example, if the buy-in is $110, the organizers would probably take $10 as a fee, while put the remaining $100 to the prize pool.
These are just some of the ways that casinos and poker rooms collect rake. However, online platforms have mostly adopted the pot rake system, as the majority of them charge a certain percentage to the winner. This also proved to be the best way to charge rake in an online environment. Therefore, when choosing a platform to play poker on, make sure to check out how much is the rake charged.