I set up a low stakes game (0.25btc) with the site owner yesterday. Everything works well. We use the PokerTH software. For my games (Panda Poker) I require everyone to have an account with PokerTH (get a username). Mine is "PandaMiner."
Right now there is no "rake" and if I get a full table (10 players [Including me]) I will split the winnings like this:
1st place - 50% [1.25 bTc]
2nd place - 30% [0.75 bTc]
3rd place - 20% [0.50 bTc]
If there is 6 to 9 playersl, then it's: 1st - 60%, 2nd - 40%.
Otherwise, 2 to 5 players it's winner take all.