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Old 07-20-2007, 04:00 AM
pkrporcupine pkrporcupine is offline
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Join Date: Jul 2007
Location: State of insanity
Posts: 90
Default Re: \"Jesus\" advises Yang to stiff dealers?

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I'm still not understanding your point about Chris Ferguson's inaccurate statements, or half-truths. From what I can tell, the math presented in a number of posts throughout this thread seems to indicate that CF's estimate was on the mark.

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Read the posts in the earlier part of this thread. CF said the dealers were getting 2.0% of JY's win. Not even close. The dealers are in fact getting 2/3 (65%) of the 1.8% withheld for the staff or 1.2% (2/3 of 1.8). That is a 75% difference from 1.2% to the 2.0% which CF was quoted as saying. That is quite a difference.

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Did you read:

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Yang got:
$8,250,000
Without the 6% taken out, that would be:
$8,776,596.
1.8% of that is:
$157,978.

Now the article says he said $148,500, you say $170,000.
So where is his math so far off?


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Bottom line, his quoted figure for the amount taken out for tips was reasonably close.

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<font color="red">I am not disputing the ammount he stated, I am disputing the lack of detailed information CF provided JY when it came to the breakdown of that famous 1.8%. He explained everything else in full detail untill it came to the DEALERS pool which is only 65% of that 1.8%. The line on the payout sheet is gratuity for the dealers not the floor staff, unless the player clearly states "this much for the dealers and this much for the floor staff" Now CF cannot not play dumb here. He has been around the block and knows EXACTLY how the toke pool works and is pieced out. That is what pissed me off, plain and simple.</font>
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