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The Greatest Poker Hand in History That Left Pros Speechless
But the smugness that is Mr Negreanu misses out a very important 6th. Which is certainly in the top 3.
It is Rake. Which is insanely high. Suppose you enter MTTs which have an effective prize worth £1 million of your money. And suppose you are a better than average player, and get prizes of £1,050,000. Have you just won £50,000? No. If rake is 10%, you just lost £50,000, because you had to pay £100,000 in rake.
Some of the rake is inevitable. It costs money to run sites. They have to make a profit.
But a large amount goes on paying site pros. Not as much as before. But an awful lot to one Daniel Negreanu. And a large amount in freebies to entice players to the site.
The real reason many (if not most) "winning" players are actually losing players is the money gifted to Daniel Negreanu...
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If you call on the Turn, then you have to call on the River...
But the smugness that is Mr Negreanu misses out a very important 6th. Which is certainly in the top 3.
It is Rake. Which is insanely high. Suppose you enter MTTs which have an effective prize worth £1 million of your money. And suppose you are a better than average player, and get prizes of £1,050,000. Have you just won £50,000? No. If rake is 10%, you just lost £50,000, because you had to pay £100,000 in rake.
Some of the rake is inevitable. It costs money to run sites. They have to make a profit.
But a large amount goes on paying site pros. Not as much as before. But an awful lot to one Daniel Negreanu. And a large amount in freebies to entice players to the site.
The real reason many (if not most) "winning" players are actually losing players is the money gifted to Daniel Negreanu...
Can't imagine why he doesn't mention it
You don't shoot the Golden Goose .......do you.!