Since the Flap and Four platforms introduced the tax mechanism, the total cost for Player P to play poker has increased to 8%, currently known cost:
1. 1% transaction fee for internal transactions: this part is for the casino.
2. 1-3% mechanism tax fee: this part is for gameplay mechanisms or development.
3. 1% transaction fee on the poker platform: this part is for selling rakes.
4. Up and down 1% slippage: as long as you trade, friction will occur.
You think that as long as the win rate is above 50%, you can make money, wrong❌! Your win rate needs to be above 58% or even 62% to make money, because the middle 8%-12% of costs have to be shared with the casino, rake, transaction fees, and bot services.
