Raked over the coals

You can think of an entry fee as a kind of rake. I just realized that PokerStars has upped their entry fees on MTT 8-games and MTT NLHEs from 10% of the total tournament outlay (i.e, the buy in plus the entry fee) to 13%. That's raking their players over the coals! Yet again, PokerStars seems to believe they have every right to bite the hand that feeds them. Not a viable business model, by any stretch of the imagination. One of these days, someone's going to come along and eat their lunch.

style flavor buy_in entry players hands entries paid place winnings

MTT   8-Game   4350   650       6    35      77   18    33        0
MTT   NLHE      870   130       9    45     638  162    73     2386

delta: $-3,614
MTT NLHE balance: $3,019
balance: $10,051,073