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Old 04-24-05, 02:28 PM
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Penguinfan Penguinfan is offline
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I saw someone post they figured Party was taking a quarter BILLION a year in rake, I actually think that guess would be a little light. Just take the SNG action going on right now. Without an exact count there are roughly 400 5/1 sng's going and 500 10/1 sng's going, 900+ games that they are taking a $10 rake from or $9000.00 There are 28 200/15 games going at $4200 in rake, let's say that very average, this would mean $13200 has been raked just from the games being played right now. Consider that most single table SNG's take about an hour I think it's fair to say this number would hold true for most any hour of the day, even if you think the number gets cut in half early in the moring we could settle on $8000 an hour as an average number to play with or $192000 a day just from those 3 price ranges. Would take about 5 days to rake a million dollars from those games or 73 million a year just from those 3 levels. With a quarter billion being equal to 250 million I think they are dragging MUCH more than a quarter billion a year, so yea, they got more money than we do. Makes you wonder how much money is really on deposit there?

Please correct any glaring errors in my math.
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