1 definition by One Who Cares.
A portion taken as profit from each pot when playing poker. This is done for the benefit of the players, because the gambling establishment cares so deeply. Counterintuitively, this is especially beneficial for players attempting to earn a living as a professional poker player. Because, as the rake becomes higher it becomes impossible for professional players to win at a rate that makes their profession viable and thus they lose all of their money. Which is good because now that they (and all the other formerly professional players) do not have to worry about playing against one another, because it is no longer profitable to play in said game. THUS, the game is profitable. Rake is good. More rake is better.
Pro tip: if your rake isn't high enough, you and all the other players could ask the house to raise it, so that you will all make more money.
Pro tip: if your rake isn't high enough, you and all the other players could ask the house to raise it, so that you will all make more money.
by One Who Cares. April 22, 2017