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What is Rake?

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  • MereNoviceMereNovice Member Posts: 4,364
    edited December 2010
    In Response to Re: What is Rake?:
    In Response to Re: What is Rake? : I sort of do understand but i dont :p
    Posted by YOUNG_GUN
    Let's say that you play two tournaments.
    One is £2.20 buy-in and the other is £55 buy-in.

    You cash for £11 in the £2.20 buy-in but fail to cash in the £55 buy-in.

    Your net "profit" is  -£46.20.

    Your ROI on the first event is 400%
    Your ROI in the second event is 0%

    Therefore, your average ROI% is 200%.

    Let me know if you need more information.
  • YOUNG_GUNYOUNG_GUN Member Posts: 8,948
    edited December 2010
    Know that sums it up to a tea mr merekat very well explained sir
  • DOHHHHHHHDOHHHHHHH Member Posts: 17,929
    edited December 2010
    In Response to Re: What is Rake?:
    Know that sums it up to a tea mr merekat very well explained sir
    Posted by YOUNG_GUN
    When my teachers tried to explain things to me and I really didn't get it, I just nodded, and agreed, and looked like I understood too. It was easier and less embarrassing than asking questions.   

    It's okay Youngster, I'm sure you are not alone. 

    At least you're good at writing !!! 











    ,......ahhhhh, errrr, wait................................
  • donkeyplopdonkeyplop Member Posts: 3,795
    edited December 2010
    This diagram below is a good way for explaining rake.





  • donkeyplopdonkeyplop Member Posts: 3,795
    edited December 2010
    bump!

    it takes sooooooooo long for my pics to be approved its ruined the joke by then lol.
  • YOUNG_GUNYOUNG_GUN Member Posts: 8,948
    edited December 2010
    In Response to Re: What is Rake?:
    In Response to Re: What is Rake? : When my teachers tried to explain things to me and I really didn't get it, I just nodded, and agreed, and looked like I understood too. It was easier and less embarrassing than asking questions.    It's okay Youngster, I'm sure you are not alone.  At least you're good at writing !!!  ,......ahhhhh, errrr, wait................................
    Posted by DOHHHHHHH

    haha my mistake on first word oops, not that i cant spell just that i write poorly and dont check over it

    oh well dohhhhead tell someone who cares mr average :p
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