SWC's rake is currently some of the highest in the industry if BTC is at or above $15,000. The current rake schedule at SWC was set on Sept 29th when BTC was $10,700. At $15,000 and with the current/identical rake schedule, that's a 40% rake increase in USD. At $14,000 and with the current rake schedule, that's a 31% rake increase in USD.
At 15k BTC, heads up has become a massive rake trap with the following caps at some of the higher limit and no limit game that consistently hit the cap:
limit 100/200 to 200/400 HU rake cap = .68 USD limit 300/600 to 500/1000 HU rake cap = .90 USD limit 1000/2000 and up HU rake cap = 1.35 USD
no limit 25/50 to 100/200 HU rake cap = 1.35 USD no limit 200/400 and up HU rake cap = 1.88 USD
The higher end of the industry standard rake would be 50 cents to $1 for limit and $1 to $1.50 for no limit. SWC is substantially above this. To make SWC even less competitive, some of these other sites offer 25% plus in rakeback as a new player while SWC only offers 5%. I don't think rake this high is conducive to getting games started.
At 15k BTC prices and at a full table (4 plus players) the current rake cap is:
limit 100/200 to 200/400 4+ players rake cap = 2.25 USD limit 300/600 to 500/1000 4+ players rake cap = 3.38 USD limit 1000/2000 and up 4+ players rake cap = 3.75 USD
no limit 25/50 to 100/200 4+ players rake cap = 3.30 USD no limit 200/400 and up 4+ players rake cap = 4.20 USD
SWC rake at 15k btc price is now some of the highest in the industry with 4 plus players.
This! Please lower your cap at 50/100 and above! it is way too much rake with this btc run! you will lose a lot of player tho! thanks!