Legality. In most legal jurisdictions, taking a rake from a poker table is explicitly illegal if the party taking the rake does not have the proper gaming licences and/or permits. The laws of many jurisdictions do not prohibit the playing of poker for money at a private dwelling, provided that no one takes a rake.
Why did Molly take a rake?
After being stiffed $250,000, Bloom decided to start taking a rake — a percentage of the pot, which is illegal. She was in the midst of a downward spiral, taking pills to stay up, drinking alcohol to take the edge off the pills and then popping Xanax to come down from it all.Jan 2, 2018
Why can casinos take a rake?
With a fixed fee, every player at the table pays a charge for sitting down. It ensures that the casino can carry on taking rake, even if there are multiple losing players at the table. It's also fairer on the high stakes players who may end up paying huge amounts of rake on big pots.Sep 29, 2020
Why is it illegal to take a rake?
In most legal jurisdictions, taking a rake from a poker table is explicitly illegal if the party taking the rake does not have the proper gaming licences and/or permits. The laws of many jurisdictions do not prohibit the playing of poker for money at a private dwelling, provided that no one takes a rake.
How did Molly Bloom make money without a rake?
Molly did not “make money.” She accepted gifts. * The games were held in states (California and New York) that allowed private party hosts to accept gifts. In many other states, accepting gratuities, gifts or fees at an unlicensed gambling event is a felony. The “gifts” are commonly 10% of each players buy-in.