cash games rake

nirvana29

I was going to say try sky help, but according to them the 6th most FAQ is ''what is the best hand in poker'' lol, so if you believe that you'll believe anything.

nirvana29

sky closed my last discussion of cash games taking 10% rake. on 2/4 cash games, a 20p pot becomes 18p, a 30p pot becomes 27p, a £1 becomes 90p. can you explain again please how this is not a 10% rake? SKY CLEARLY SAID WE TAKE NO MORE THEN 5%-7.5% RAKE. its quite simple, go onto 2/4 tables and see for yourself.

loonytoons

Here it is in black and white from skypoker, your figures must be incorrect?

Rake levels: 5p/10p and below
 Number of Players Maximum Rake % per Pot Maximum Rake per Pot 27.5% of the pot* £0.70 3+7.5% of the pot* £1.40
(*Rounded up to the nearest pence)



 Pot SizeRake  £0.20 £0.01 £0.40 £0.03 £0.60 £0.04 £0.80 £0.06 £1.00 £0.07 £2.00 £0.15 £3.00 £0.22 £6.00 £0.45 £9.00 £0.67 £12.00 £0.90 £15.00 £1.12 £18.00 £1.35 £18.66 £1.40
Rake levels: Above 5p/10p

 Number of Players Maximum Rake % per pot Maximum Rake per Pot 2 5% of the pot* £1.00 3+ 5% of the pot* £1.80 
(*Rounded up to the nearest pence)

 Pot SizeRake  £0.20 £0.01 £0.40 £0.02 £0.60 £0.03 £0.80 £0.04 £1.00 £0.05 £2.00 £0.10 £3.00 £0.15 £6.00 £0.30 £9.00 £0.45 £12.00 £0.60 £15.00 £0.75 £18.00 £0.90 £21.00 £1.05 £24.00 £1.20  £27.00 £1.35 £30.00 £1.50 £33.00 £1.65  £36.00+ £1.80 

bigrick91

so y is it if u play nl 4 if u make up the small blind  and the big checks theres only 7p in the pot 20p pot 1p rake? doubt it.

also if theres 16 p in the pot its reduced 2 14 p

bigrick91

refunds in order lol

silentbob

I can definitely say that those figures in the table are incorrect. Even if you have a blind v blind limped pot at NL8 there's 2p taken.

loonytoons

The figures i got are sky's latest up to date rake fees as published by skypoker, it even says that they are the correct rakes so if that is not the case, they are overcharging everyone on the low stakes

debdobs_67

Aaaaarrrrggghhhh i wanna refund , £2k should cover it methinks

DOHHHHHHH

fiasco. 

C'mon Maxally "where areeee youuuuuuuuu"

unknown_username

I'm confused what Nirvana says is correct but is the excess rake taken towards the cash for points scheme?
I've played a number of hands where rake is taken but very few points rewarded,
Also I have to say most times there's a race the largest chipstack invariably wins.

bigrick91

il call it evens if u send me a pack of biscuits sky preferbly choclate 1s

oynutter

56p

oynutter

Do Sky rake the pot on the flop, then rake the pot again on the turn,  and again on the river?

loonytoons

In Response to Re: cash games rake:

Do Sky rake the pot on the flop, then rake the pot again on the turn,  and again on the river?
Posted by oynutter

Yes, up to the values as stated, if you believe those values now lol.

bigrick91

if theres more money in the pot they do its not like theres 16 pot 2p get raked so nw theres 14 if it checks down they dont take more every street unless theres been a bet and a call

Sky_Poker

Hi Nirvana/All,

Hopefully this will clarify how sky poker collects rake at the cash tables as their seems to be some confusion, 

Firstly we operate a no flop no drop policy – if the flop is not seen then we do not charge any rake  .

Once the flop is seen then rake will charged at either 5% or 7.5% depending on the table limits, the rake cap for any single hand also varies depending on limits and number of players dealt hole cards.

At blinds £0.05/£0.10 and below, rake is charged at 7.5%

Heads up rake is capped at £0.70

For 3+ players rake is capped at £1.40

For greater than £0.05/£0.10, rake is charge at 5%

Heads up play rake is capped at £1.00

For 3+ players rake is capped at £1.80

The confusion surrounds fractional rake amounts, we cannot deduct fractions of a pence, therefore we round up to the nearest pence, which is most likely to occur with very small pots at micro stakes.

N.B. whilst current rake due is updated on every street after betting actions are completed, rake is not actually deducted until the hand is completed.

Here’s an example to show you how this works

We are playing on a cash table where the blinds are £0.02/£0.04

The flop is seen by 2 players with 20p put into the pot pre-flop, rake at this stage is 7.5% * £0.20 = 1.5p (rounded up to 2p) therefore 18p in  the player pot

At the turn another 80p is bet in total making a £1 pot, rake at this stage is 7.5% * £1 = £7.5p (rounded up to 8p) therefore 92p in the player the pot

At showdown, another £1 is bet making a total pot of £2, rake is now 7.5% * £2 = 15p (no rounding required) therefore £1.85 in the player pot goes to the winner

Hopefully this answers your queries, we’ll arrange for this example to be added to the help pages and the rake page within the site  here to make this as clear as possible. One of the tables on the help and support page is also not correct which will have added to the confusion - we'll address that now.

Best wishes

Sky Poker Team

cleaverjim

This does not affect me,I never win.............!

aiken2001

If you cant understand the basic principal of rounding up i suggest you give up poker as your maths wont be up to it.

oynutter

In Response to Re: cash games rake:

If you cant understand the basic principal of rounding up i suggest you give up poker as your maths wont be up to it.
Posted by aiken2001

 Oy!!!!! Watch it you!---I'm the intolerant flaphead on general chat!!!

Tikay10

In Response to Re: cash games rake:

so y is it if u play nl 4 if u make up the small blind  and the big checks theres only 7p in the pot 20p pot 1p rake? doubt it. also if theres 16 p in the pot its reduced 2 14 p
Posted by bigrick91

Good afternoon Rick.

You may recall you looked me up on one of the Tables I was playing last night to ask me your questions about rake. I was playing 4 Tourney Tables & 1 cash Table at the time.

As I tried to explain, I'm really sorry, but I just cannot handle, deal with, or answer questions like that on the Rail of a Table, especially whilst multi-tabling, it's just beyond my ability, with Tables popping up left right & centrre.

I did, however, send this Thread up to Head Office last night, hence their reply this morning.

I'm sorry, but I hope you understand.

Thanks.

loonytoons

In Response to Re: cash games rake:

Hi Nirvana/All, Hopefully this will clarify how sky poker collects rake at the cash tables as their seems to be some confusion,  Firstly we operate a no flop no drop policy – if the flop is not seen then we do not charge any rake  . Once the flop is seen then rake will charged at either 5% or 7.5% depending on the table limits, the rake cap for any single hand also varies depending on limits and number of players dealt hole cards. At blinds £0.05/£0.10 and below, rake is charged at 7.5% Heads up rake is capped at £0.70 For 3+ players rake is capped at £1.40 For greater than £0.05/£0.10, rake is charge at 5% Heads up play rake is capped at £1.00 For 3+ players rake is capped at £1.80 The confusion surrounds fractional rake amounts, we cannot deduct fractions of a pence, therefore we round up to the nearest pence, which is most likely to occur with very small pots at micro stakes. N.B. whilst current rake due is updated on every street after betting actions are completed, rake is not actually deducted until the hand is completed. Here’s an example to show you how this works We are playing on a cash table where the blinds are £0.02/£0.04 The flop is seen by 2 players with 20p put into the pot pre-flop, rake at this stage is 7.5% * £0.20 = 1.5p (rounded up to 2p) therefore 18p in  the player pot At the turn another 80p is bet in total making a £1 pot, rake at this stage is 7.5% * £1 = £7.5p (rounded up to 8p) therefore 92p in the player the pot At showdown, another £1 is bet making a total pot of £2, rake is now 7.5% * £2 = 15p (no rounding required) therefore £1.85 in the player pot goes to the winner Hopefully this answers your queries, we’ll arrange for this example to be added to the help pages and the rake page within the site  here to make this as clear as possible. One of the tables on the help and support page is also not correct which will have added to the confusion - we'll address that now. Best wishes Sky Poker Team
Posted by Sky_Poker

Thanks for the clarification, but just to understand it correctly, are you saying (using the points highlighted) that on the 5p/10p and lower tables, if the hand is won after the flop (20p pot) its actually 10% rake with the round up added on, and if the total pot reaches £1 it is 8% with the round up added on, and the 7.5% only applies if the pot reaches £2 because of the ''round up''?

unknown_username

In Response to Re: cash games rake:

In Response to Re: cash games rake : Thanks for the clarification, but just to understand it correctly, are you saying (using the points highlighted) that on the 5p/10p and lower tables, if the hand is won after the flop (20p pot) its actually 10% rake with the round up added on, and if the total pot reaches £1 it is 8% with the round up added on, and the 7.5% only applies if the pot reaches £2 because of the ''round up''?
Posted by loonytoons

In this scenario yes, however, if it were a 40p flop, the rake would only be 3p (7.5%) as no rounding up is required.

belsibub

In Response to Re: cash games rake:

In Response to Re: cash games rake : In this scenario yes, however, if it were a 40p flop, the rake would only be 3p (7.5%) as no rounding up is required.
Posted by POKERTREV

I think the point is very few if any pots are being raked at 7.5%.I don't play cash much but it is 2p-4p or 4p-8p when i do and i checked the best rake i paid was 8.334% and at these levels every penny counts.The only pot sizes that are 7.5% rake-able are 40p, 80p, £1.20, £1.60 and up like so all the rest are rounded up 10's of thousands of pennies per day!!!

pod1

nice to see you playing a more active roll on the forum again tikay, your thought s are always most welcome.