How Casino make money on Poker

[Findingnemo]

Poker is different than games like dice/slots where the player bets against the house while in poker it's mostly between versus another player so the house doesn't lose anything but charges some amount from the winnings which vary from one casino to another and compared to other games casinos probably make less money on poker. However, poker players most likely play big hands compared to other games so it may compensate for the difference.

Nowadays, casinos include as many games as possible on their platform so the users don't have to look for other platforms when they want to bet on another game.

[Jemzx00]

If you think about Poker on any casino, it's like those passive generating income to them as each game doesn't last long and then earn with each game whether the players lose or win. Since, poker isn't player vs casino but rather a player vs player type of game so it's always a win for the casino.

I'm not sure about casino charging by the hour as I've never experienced or visited local casinos that offer these charges based of time of gameplay.

[darkangel11]

this question apply to offline casinos not online casinos because i am something skeptical about them that they cheat or have high odds,
Talking about offline casinos, not every player is a pro poker player for casino to fear about them, many people play for fun and they are not very experienced poker players, it is easy for casinos to defeat them,
which earn them money in other way after fee or rake they collect from players.

I'm pretty sure they don't cheat at all, because big casinos earn so much from these rakes that they don't have to risk their reputation trying to cheat you
That said, I feel the same about playing against the house, which is why I always play live poker which feels more normal and more real.
Also this is probably the most popular live game along blackjack. If you want to play against the house without live dealers, there's pretty much every other casino game to choose from.

[Fivestar4everMVP]

It's just like a sport betting, in online gambling they will charge fixed rate in order to make the gambler not feel if the casino charge hidden fee. If they charge a hourly fee, it might discourage them to play because they feel they need to spend more money, another thing is they charge additional fee during withdrawal.

You are right, personally, whether poker or any other game, I can never play a game where the casino will charge me for every hour I spend playing the game, it makes absolutely no sense and feels very unprofessional to charge players in such a manner, regardless of the outcome of the players games, whether he or she is winning or losing, and also knowing that during withdrawals, the player will still have to pay withdrawal fees.

I have never played poker before though, both offline and online poker, so I do not know how the fee structure is, but the sure thing is, its better for the casino to set a flat fee for players, rather than charge a player every hour. such structure can discourage players from such game.

[topbitcoin]

I think you already read Lets discuss Poker and now it's time to know how does casino make money on Poker. Also we know that Casino favors the slots games more than the Poker because the profit percentage at the slots games is more for the casino as compare to the poker.



Source

It is basically the Rake (a sort of a fee) which casino takes for every poker games we play at thier platform. The Rake is usually fixed for the game but some casinos, will not take the rake, but will charge an hourly fee from the poker players. Its always better to know what type of rake/fee the casino will charge for playing poker.

Every casino certainly provides tables for its players, so the more full the tables are, the more profits the casino can make. And this is what requires casinos to continue to carry out promotions and sometimes they also hold tournaments so they can keep the tables full of poker players. Apart from that, casinos can also gain benefits by using chips as a medium used for betting in every game, including poker.
And indeed, when compared to other games, poker games are not very profitable for a casino, so this is what encourages every casino to provide other games that can provide more profits.

[goaldigger]

Probably its more about the fees that they are imposing since poker players are being treated well and of course the casinos will not offer a game that they will not benefit. Let’s not make this as our problem, we all know that the casinos will always win and for sure since there’s a lot of poker tables in casinos, they are making a lot of money from this too, I just don’t know how but I’m sure there’s still profit from it.

[passwordnow]

I guess it's good to make a list on which casinos charges their customers with a fixed fee and then with an hourly stay for most of their poker players.

Probably its more about the fees that they are imposing since poker players are being treated well and of course the casinos will not offer a game that they will not benefit. Let’s not make this as our problem, we all know that the casinos will always win and for sure since there’s a lot of poker tables in casinos, they are making a lot of money from this too, I just don’t know how but I’m sure there’s still profit from it.

It's said that they're making more money with the fees, so the more players are there playing poker together then they're raking more profit through it. And with those poker websites that has lesser players, it means lesser income also to them and that's why there have been a lot of solid marketing being imposed to many gamblers just for them to try poker or try the platform itself for known poker players and offers interesting promos for them just to be retained.

[Juse14]

I think you already read Lets discuss Poker and now it's time to know how does casino make money on Poker. Also we know that Casino favors the slots games more than the Poker because the profit percentage at the slots games is more for the casino as compare to the poker.



Source

It is basically the Rake (a sort of a fee) which casino takes for every poker games we play at thier platform. The Rake is usually fixed for the game but some casinos, will not take the rake, but will charge an hourly fee from the poker players. Its always better to know what type of rake/fee the casino will charge for playing poker.

The question you are trying to ask in this discussion is quite interesting. Basically a casino is a place of entertainment, but thanks to the question you asked, it seems like this can change my thinking that a casino is a business that needs to make money from its customers to be able to make a profit.

And if we talk about the profits obtained by the casino as a provider of gambling facilities, it is quite large and this is also comparable to the taxes that must be paid so that the casino's operating license can continue. However, if you look at the type of poker game, the profits obtained by the casino are not that big compared to other types of games. Because the profit they get from the game is only from renting tables, exchanging chips and from a tournament if the casino organizes it to keep it full of visitors.

[Wexnident]

It's mostly rake, isn't it? I haven't experienced an hourly charge (well at least in the past before) so it's a rather new thing for me. I reckon they'd profit off of it more plus players can much more easily leave the game whenever they want without wasting any money in scenarios where fees are charged by the hour.

The question you are trying to ask in this discussion is quite interesting. Basically a casino is a place of entertainment, but thanks to the question you asked, it seems like this can change my thinking that a casino is a business that needs to make money from its customers to be able to make a profit.

And if we talk about the profits obtained by the casino as a provider of gambling facilities, it is quite large and this is also comparable to the taxes that must be paid so that the casino's operating license can continue. However, if you look at the type of poker game, the profits obtained by the casino are not that big compared to other types of games. Because the profit they get from the game is only from renting tables, exchanging chips and from a tournament if the casino organizes it to keep it full of visitors.

But they are a business? A business where entertainment is being offered so naturally they have some sort of form or method to earn profit. House Edge is the number one example of that. In addition, it's more of a quantity thing rather than a quality thing. They offer their services to a huge number of users instead to a small amount of rich users so even if you consider how one single game, in this instance poker, only generates a small amount, in the entire day it can be rather substantial if we assume that it's always filled with players.

[yahoo62278]

I think you already read Lets discuss Poker and now it's time to know how does casino make money on Poker. Also we know that Casino favors the slots games more than the Poker because the profit percentage at the slots games is more for the casino as compare to the poker.



It is basically the Rake (a sort of a fee) which casino takes for every poker games we play at thier platform. The Rake is usually fixed for the game but some casinos, will not take the rake, but will charge an hourly fee from the poker players. Its always better to know what type of rake/fee the casino will charge for playing poker.

Why do we need to discuss this? Only because of the other topic?

this question apply to offline casinos not online casinos because i am something skeptical about them that they cheat or have high odds,

Online casinos and land based casino all have a rake man. It's a % of the money that all the players put in the pot, usually capped at a certain amount. If you have a fast paced game, fast dealer, and players that make quick decisions you can see a table play 35-45 hands per hour. Casinos around me have a max rake of $6 per hand, so if a casino had an average of 35-45 hands per hour that were all capped rake, you would see $210-$270 per table and most pokerrooms have minimum 15 tables going.

[bocyaj]

Poker is different than games like dice/slots where the player bets against the house while in poker it's mostly between versus another player so the house doesn't lose anything but charges some amount from the winnings which vary from one casino to another and compared to other games casinos probably make less money on poker. However, poker players most likely play big hands compared to other games so it may compensate for the difference.

Nowadays, casinos include as many games as possible on their platform so the users don't have to look for other platforms when they want to bet on another game.

The dice was the favourite one for most of the gambler,because it won’t need any special knowledge for the game.The poker player won’t play the dice game and dice player won’t play the poker mostly.The reason behind was the player need more knowledge about the poker to get avoid of the loss.Every card was the important in the game,Don’t lose your hope in the game,because hope will make you win in some day.Poker game will give you more win compared to the dice and slot game in the gambling.

[Westinhome]

It's said that they're making more money with the fees, so the more players are there playing poker together then they're raking more profit through it. And with those poker websites that has lesser players, it means lesser income also to them and that's why there have been a lot of solid marketing being imposed to many gamblers just for them to try poker or try the platform itself for known poker players and offers interesting promos for them just to be retained.

The fee in every game was the benefit of the casino in the game,because if both player had deposit the amount of 10 dollars each,So the winner will get the maximum of 15 dollars.So the five dollar in the game was the profit for the casino.So manage of the game was the big task for the gambling site.So the casino will earn huge money,since 500+ types of the game in the gambling site.The gambling site will get some dollars in each on every game.If the gambling site had got 10 dollars from one game per day,So in 500 game the gambling site can make easily of 5000 dollars per day.

[UmerIdrees]

Poker is different than games like dice/slots where the player bets against the house while in poker it's mostly between versus another player so the house doesn't lose anything but charges some amount from the winnings which vary from one casino to another and compared to other games casinos probably make less money on poker. However, poker players most likely play big hands compared to other games so it may compensate for the difference.

All the games which are player vs. player, the gambling site has less profit from those games because in those games one player loses the money while the other player wins but the casino does not get anything expect the fee they charge in conducting the game. There may be different forms and names for that fee. In poker, they term it as rake.

Also, in this case, the casino also does not lose anything if a player wins. So this point should also be taken into consideration. The rake (fee) may be less but it is sure shot profit.

Nowadays, casinos include as many games as possible on their platform so the users don't have to look for other platforms when they want to bet on another game.

This is the new global definition to include everything in the casino site, so people do not move to other sites to play/bet on anything which is not available on the current site. I wonder if these sites will include more features like limited trading (Options trading) etc to attract more people towards their sites.

[Oasisman]

this question apply to offline casinos not online casinos because i am something skeptical about them that they cheat or have high odds,
Talking about offline casinos, not every player is a pro poker player for casino to fear about them, many people play for fun and they are not very experienced poker players, it is easy for casinos to defeat them,
which earn them money in other way after fee or rake they collect from players.

I don't know what kind of poker you're talking about, but the poker that everyone knows is that, you're not trying to beat the casino but you are trying to beat your fellow poker players.
So, yeah this absolutely applies to online casinos too.

Rake is the usual way for the casino to make money against the players, I don't find it convenient when you are charged an hourly fee for how long you're sitting at the table, because this fee might going to make you upset for the thought about the fee being part of the accumulated losses. That's just my opinion as I don't want to get charged after I gamble, it's always better to charge me while I am still playing.

[wheelz1200]

House always wins, even when it is about playing against other and not against it
That is one of the reasons I personally would prefer to make poker a social activity, gather with friends , some drinks and open a new pack of cards. Face to face, PvP, no house to pay fees to.

Though, I understand it is not so easy for all of us to get in touch and plan occasions like those and with the frequency we wish, thrus why online poker is so popular and will remain profitable for the house.

That and the fact that when you play either online or at a brick and mortar casino you can change your game up.  Home games are fun and usually not a lot of money exchanges hands.  You can play massive $ dollars in a casino and not feel bad about winning money.  Playing for too much at home causes friendships to fracture.

[passwordnow]

It's said that they're making more money with the fees, so the more players are there playing poker together then they're raking more profit through it. And with those poker websites that has lesser players, it means lesser income also to them and that's why there have been a lot of solid marketing being imposed to many gamblers just for them to try poker or try the platform itself for known poker players and offers interesting promos for them just to be retained.

The fee in every game was the benefit of the casino in the game,because if both player had deposit the amount of 10 dollars each,So the winner will get the maximum of 15 dollars.So the five dollar in the game was the profit for the casino.So manage of the game was the big task for the gambling site.So the casino will earn huge money,since 500+ types of the game in the gambling site.The gambling site will get some dollars in each on every game.If the gambling site had got 10 dollars from one game per day,So in 500 game the gambling site can make easily of 5000 dollars per day.

I have no idea how the share goes to the casino but that's for sure is a win for them regardless of how much is on the table for every game. But it is one thing for sure aside from poker games, they're raking profits through fees and commissions from the other games that they have and that's why most of the casinos are successful because the house always wins at the end of it.

Rake is the usual way for the casino to make money against the players, I don't find it convenient when you are charged an hourly fee for how long you're sitting at the table, because this fee might going to make you upset for the thought about the fee being part of the accumulated losses. That's just my opinion as I don't want to get charged after I gamble, it's always better to charge me while I am still playing.

Yeah, that's just kind of upsetting when you're being charged hourly on your stay on the table. That just doesn't feel so good when you're also taking care of yourself as there will be a lot of times that you need to fold and need to wait for checking. Those are time-consuming actions and decisions and the casino will earn from that honestly. But as someone who don't like to be charged hourly, it's just better to get into those poker tables that they're getting fees for the pot in the table for every round.

[Webetcoins]

I am not a poker player but I see a similarity of how it's being charged from the other card games that I see. It's like we will need to pay for renting the table and the cards that we are using. Both fee per game and per hour has their own pros and cons. Per game fee must be easy in the pocket but it can be annoying to some. Whilst the per hour fee isn't annoying because it's a one time payment only but the ones that will annoy you is the cost.

It's like the fee had stacked. Slots on the other hand is much easier, enjoyable, and profitable, so it's no surprised that casino favors them. This is also the reason why the house edge for it are higher than most games.