Originally Posted by aceman
Sorry, it just happens to be one of my favourite stories/puzzles about holdem and i wouldnt want to let anyone off easy!
There were 5 of them in the pot no preflop raises, he was in late position and the board was J Q 10 K A all the same suite (cant remember which suite) its been checked all the way round, on all streets, including the river where my friend goes all in. The first person calls, the second calls, the third says,'i think i know whats going on, but i have to call anyway' (????!!!!) the fourth calls.
They chop the pot, but after the $4 rake the seats to the left of the button all got the extra dollars, he lost exactly $1. I never said he lost the hand, just that he lost money.

Your puzzle works only with $1/$2 blinds -- anything higher would result in the late position player offsetting the rake and loss due to having four chips to be divided among five players. A $4 rake would be highly excessive in a $1/$2 game.
But...it is theoretically possible.