[Updated] Rake considerations

One of the most common questions that I receive is about the beatablity of live low stakes no-limit games. In southern California, a $200 max buy-in game with $2-$5 blinds drops $5 after the flop and $1 for the bad beat jackpot. This is a flat drop, not a rake. Once the flop comes out the full drop is taken. Unlike other games...