60% B&M rake - is this reasosnable?

The problem is the buy-in amount is so small the casino is not making any $$ without that extra fee. B&M rates are higher than online (it helps to pay for those buildings and flashing lights) but 60% is too much. Find out what other tourneys they offer and see if the session fee is included in those as well.

Yeah, that seems high.

A local charity has an annual tournament and they take 50% of the entry fee for the prize money. But they also make $ on selling beer and food and stuff.

A local charity has a weekly tournament. It costs $6 to get in the door, and $20 to play the tournament with $10 of it going into the prize pool. I quit going when they started taking $2 of that to put in a bad beat pot. Bleh!
Of course, after the tournament they have ring games all over the place. No rake on those, though the volunteer dealers accept tips. Some girls go there every week to make $ as dealers.

That's insane and absolutely can't be beaten in the long run.

My live casino, Mint Southend is 10% vig on tournies. At £100+ they have dealers.

i probably wouldnt play anything with more than 25% rake

Vig is short for vigorish, the fees charged by bookies and loan sharks.

I guess it depends on what your goal is-- as a profit making opportunity this is clearly -ev. If you think of it as a fee for "live play" experience, then perhaps it is a reasonable spend. Likewise if you consider it simply "entertainment" (as casinos are forever advocating we think of our gambling dollar).

OK thanks for that clarification pigpen02, my vocabulary is expanding rapidly since joining this forum, another word that I've never encountered before I realise it's for a good cause, but that sounds quite steep!

The manager of Gala mentioned pubs and clubs having tournies in the UK - I was under the impression that you needed to be specially licensed for gambling, anyone know of UK pubs/clubs doing poker, and whether it's legal?

I'm looking at the potential of profiting long-term, assuming that my play improves a lot, but the wife and I sometimes go and have an evening out at the casino as a leisure activity, and tonight's visit didn't cost me any more for the evening than it usually would anyway. Although it was supposedly a Rookie Night, there were some extremely good poker players there that were enjoying their evening of fishing

not everyone has the belagio right down the road and high rakes are what you pay sometimes to sit down for a game.

True - we've only got one casino in town, for ring games the charge a per-hour fee and rake each pot. Sigh.

Where I play (B&M) they have Poker Pro and charge $3 or 10% of the pot, which ever is the least .. in other words $3 max ....

SNGs $25 + $5, any SNG over $25 is 10% ... 50 + 5, 100 + 10 etc ....

Poker Pro is like playing on line all digital no dealers .. faster & no tips ...

Other Casinos with dealers are at 10%,- $5 max ...

Its impossible to beat 60% rake in the long run IMO.

As stated in post 6, it's not really 60% unless you just play the one main tourney and go home...

everything from session fee.....to 10% rake....all sounds high to me

Foxwoods is the only casino I've ever played poker at.....so I only have one reference point.....but

there all the cash games up to 10/20 are $4 maximum rake...think in 10/20 pot needs to be 80 or 120 before rake maxes out at $4.....5/10 think 60 or 80 for max rake....sometimes in really small pots the rake can be high %.....but prob 80% of pots rake amounts to less than 5%

only played a few tounies there (all more than 2 oe 3 years ago) ....one was 26+4........one was 50+6......and one 100+12.....so around 12% total fee...

and we got windows ....can walk 20 ft and go outside for a smoke break.......and all the free beverages of your choice....and get comped for playin

I think foxwoods has spoiled me for any other poker room