The other 60% is not burned and does not leave. It is sitting in the next desk before anyone has filed a thing.
So the worst desk this coin ever runs is the best one to walk into afterwards.
Rake is 3%, taken only from what a desk actually pays.
Twenty wallets file a figure each, 2 to 100.
Nineteen write 100. One writes 99.
The desk pays out 99% of the pot. The wallet that wrote 99 is counted at 125% of its stake; the other nineteen at 75%.
It walks off with eight percent of the room.
https://t.co/Hoo4ATnkR6
Next desk, everybody remembers the 99.
Seventeen write 98. Two write 97. One wallet, thinking further than the rest, writes 40.
The desk pays out 40% of the pot.
The clever wallet takes the biggest slice of a purse it shrank by three fifths.