Re: The rake is unacceptable
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agent87,
Do you realize that the Bellagio makes truckloads of money from the other games in the casino? While I don't have the books of any B&M casino on me, from my understanding, poker is essentially a loss-leader.
On the other hand, Full Tilt is only a poker room. Obviously, Full Tilt's overhead isn't what the Bellagio's is, but Full Tilt doesn't have acres of slot machines, either.
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Ok first of all poker rooms in brick and mortar casinos are not "loss leaders". The profit produced is larger then the expense. Sure that space if occupied with slot machines or table games would make more money for the casino, it does not mean they are necessarily losing money by having such a venue.
There are suckers in poker just like in any game. I am sure that when these fish have losing sessions they don't hesistate to walk up to the blackjack or craps tables trying to recoup their losses. These are customers the casino would not have had the opportunity of making profit from, if it were not for the lure of a poker room.
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