[Micturition Man]

[ QUOTE ]
Several posters in this thread seem to be making an assumption that is not necessarily true. They are assuming that the 3% juice actually goes completely to the staff. As is usual for the casino industry (and I am sure many others) much of this money is diverted further up the food chain to people who come to work in suits and ties and never set foot in the tournament area.


[/ QUOTE ]


Actually we *are* aware that you don't get the full 3%.

We know you are getting ripped off, as we are, and the solution is for us to stop tipping.

If the players stop tipping market mechanisms will kick in. There will be some combination of better dealers quitting tournaments, the house paying dealers more in direct compensation, and the house making less in total profit.

Also the house may or may not raise the vig even more.

Personally I have no reason to think dealers are overcompensated, so I would be fine if the new order were a wash for them. But I am certain that the house is overcompensated and the players are paying too much in vig + tips.