New answers tagged online
As well as rake, the amount of money deposited on such sites is massive and so a significant chunk of money is made by the sites investing the collective bankroll. There are however strict rules to stop companies using more riskier investment strategies. As an aside, if you're comparing one site with another it isn't enough purely to compare the rake level. ...
As others have mentioned the main way these sites make money is from rake, where a percentage of the pot or entry fee is taken. It might also be worthy to note that there are some rake-free poker sites such as BetRaiser. These sites generate their income mainly from the transfer/deposit fees when you move money in and out of the site. Some sites also use ...
On average they take 5% of every pot, or 5-10% from every tournament entry fee. That is called rake. Rake is also present in real Casinos.
They take a percentage of each pot, called the "rake."
From the sounds of it, the tournament in question is a Sit'n'Go. These types of tournaments don't have an official start time; they begin when the required number of players have registered (in your case: 18 players). It might take 5 minutes or it might take 12 hours, there's no way to know. Usually, the smaller the buy-in and the higher the number of ...
I consider 12 big blinds as my "shove" meter. When I fall below that I'm shoving with live cards. So I always think to myself how much above I am from that amount. That usually helps me feel for how I'm doing since this measure will also change with each tourney level.
As a very quick estimation of where I stand, I do use the average stack as an indicator. But, if I'm in a tournament with more than a few hundred players left, I'm constantly aiming to have at least twice the average stack. Even then I'm not entirely comfortable. To put it differently, if I have average stack, I consider myself to be in a weak position ...
Most likely not. I know the minimum deposit for me is $10 USD and the minimum withdrawal is $10 USD so I'm assuming the same deposit/withdrawal restrictions would apply for you. Your best bet is probably to just deposit the minimum plus whatever you want to use for buy-ins. In this case, £7 + £1.00 + £0.10. Then after you play your tournament you can ...
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