A Rake Too Far: Optimal Platform Pricing Strategy
In a casino, the term äóìrakeäó refers to the commission that the house earns for operating a poker game. With each hand, a small percentage of the pot is scraped off by the dealer, which in essence becomes the äóìrevenueäó for the casino. While casinos use the term äóìrake,äó a plethora of interesting word choices exist which all describe the same thing äóñ keeping a little bit of the revenue for the company that is running the service. Examples include äóìcommission,äó äóìfee,äó äóìtoll,äó äóìtax,äó äóìvigäó or äóìvigorish,äó äóìjuice,äó äóìthe takeäó, and äóìgraftäó (although this last one is typically associated with corruption in politics).