MLB FORUM

Comments

  • poppaspicks

    • 2015 FanDuel MLB Playboy Mansion Finalist

    Could someone please do me a favor and calculate the “rake” for tonight’s Boston Qualifier as well as the FWBC Qualifier? My TI-82 broke last night.

  • einars

    25*897=22,425 collected
    19k in prizes (12.5 entry to the tourny, 4K (presumably) travel prize, 2.5K other cash prizes)

    22425-19000=3425 rake

    3425/19000=18.026%

  • Ryazan

    • x3

      2015 FanDuel WFFC Finalist

    • x2

      2015 FanDuel WFBC Finalist

    What does rake have to do with trying to come in 1st in a qualifier?

  • yoshi2132

    @einars said...

    25*897=22,425 collected
    19k in prizes (12.5 entry to the tourny, 4K (presumably) travel prize, 2.5K other cash prizes)

    22425-19000=3425 rake

    3425/19000=18.026%

    That’s not how you calculate the rake

    It’s 3425/22425 (rake/total collected)

    If it was take/total peizes then that would mean 50/50’s have a 11.11% take
    Example for $1 50/50:

    Collected: $100 (1*100)
    Prizes: $90
    Rake $10

    10/90= 11.11% – and we all know he rake is 10%

  • einars

    @yoshi2132 said...

    That’s not how you calculate the rake

    It’s 3425/22425 (rake/total collected)

    If it was take/total peizes then that would mean 50/50’s have a 11.11% take
    Example for $1 50/50:

    Collected: $100 (1*100)
    Prizes: $90
    Rake $10

    10/90= 11.11% – and we all know he rake is 10%

    however you want to calc it is fine. you can say they are taking 10% of my entry fee (i pay 10 they take 1) or you can say i am paying an additional 11% for the privilege to play the contest (playing a $9 HU and paying an addition $1 to do so)….really doesnt matter how its calculated

  • hambazaza

    RG Blog Program Manager, 2014 RG Party Beer Pong Champion

    • Blogger of the Month

    • Beer Pong Champion

    i usually divide the take by the total entry fees. so in the case that you outlined einars, i would do 3425/22425, thats 15.27%

    basically the reason you do this is because you want to know how much of their total incoming dollar amount that the site is keeping. not how much of the prize pool are they keeping.

    i guess if you want to calculate it your way you can, it just will be telling a different story. Most of the time when rake is mentioned its referred to as a % of the total $$ amount taken

  • Jeff7kv

    .

    That is an insane level of rake one way or the other

  • Jeff7kv

    .

    @teeski33 said...

    Could someone please do me a favor and calculate the “rake” for tonight’s Boston Qualifier as well as the FWBC Qualifier? My TI-82 broke last night.

    I have a TI-82!

  • zachj

    Not when they don’t even come close to filling

  • X Unread Thread
  • X Thread with New Replies*
  • *Jumps to your first unread reply

Subforum Index

RotoGrinders.com is the home of the daily fantasy sports community. Our content, rankings, member blogs, promotions and forum discussion all cater to the players that like to create a new fantasy team every day of the week.

If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (IL). Gambling problem? Call 1-800-Gambler (NJ/WV/PA), 1-800-9-WITH-IT (IN), 1-800-522-4700 (CO) or 1-800-BETS OFF (IA). 21+. NJ/PA/WV/IN/IA/CO/IL only.