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Pot Limit & No Limit Poker : Play Poker

THE HOUSE CHARGE

    Vigorish, cut, table charge, rake are the other names for the house percentage. You have to play for the privilege wherever you play poker.

    Usually this fee is taken as a certain sum per hour or a percentage of the pot. Often, people say that the amount you pay does not matter as it is the losers who pay on the behalf of the winners. This is true to a certain extent.

    However, I am sure that I have paid about $150000 in table charges since I started playing this game. Sadly, sometimes I lose. If the losers have financial limits, the winners pay.

    Many poker games charge 5% of the pot and you are expected to tip the poker dealers about 1% on top. In a big-bet poker game, this is very heavy and hard to overcome.

    It is effectively a 10% tax as most pots are two-handed. For e.g. both you and your rival poker player put $100 into the pot. You get back $190, a $90 win for a $100 investment.

    In Las Vegas, during earlier days pots were raked in as much as the poker dealer could get away with. For e.g. at one casino, there was a drunk poker player playing and the others at table were shills or proposition players.

    Even this could not stop the drunken poker player from running all over the game. Finally, he won yet another hand and the poker dealer scooped not only the entire pot, but also some of the drunk’s own money.

    To win in a game like this is not easy.

    A much lower percentage is taken from smaller poker games nowadays and is about $3. There is a table charge in the larger games. The places where I play in Las Vegas currently charge $10 per hour which is comparatively smaller.

    In England, it is illegal to cut the pot, and it also forbids to toke the poker dealer. As the latter option gives poker dealers little incentive to be efficient, this option is unfortunate.

    Certain poker games where I have played have hourly rate as high as ₤25. During its early days, the huge game described in the London lowball had an exorbitant table charge of ₤50 per hour!

    The losers at the table should pay not only their time but also split mine amongst them if my seat must find ₤25 every hour and I am a winner.

    You should adjust your style whenever you are playing in a poker game which is raked rather there being a table charge. It is necessary to play tightly. Or else, the rake is going to get you.

    There is a possible scenario where all the poker players could end up losing if the table charge by the system is too high.

    You are now familiar with term GHM, going home money. At the end of long session in online poker games with high stakes, this is your reward.



 

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