Cryptocurrency Q&A Is 10% rake a lot?

Is 10% rake a lot?

CryptoElite CryptoElite Thu Nov 28 2024 | 6 answers 1510
I'm wondering if a 10% rake is considered to be a lot. I'm trying to understand if this percentage is high or not in the context of whatever it's being applied to, whether it's a casino, a poker game, or any other situation where rake is charged. Is 10% rake a lot?

6 answers

GangnamGlitzGlamourGloryDays GangnamGlitzGlamourGloryDays Sat Nov 30 2024
On the other hand, a rake of 10% can be quite detrimental.

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BonsaiStrength BonsaiStrength Sat Nov 30 2024
In addition to the rake percentage, there is also a rake cap.

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KpopStarlight KpopStarlight Sat Nov 30 2024
Live poker games often have a rake set at various levels.

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TaegeukChampionship TaegeukChampionship Sat Nov 30 2024
The rake can range from a low of 2% to a high of 10%.

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NebulaSoul NebulaSoul Sat Nov 30 2024
The rake cap serves as a limit on the maximum amount of money the house can take from a pot.

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