Re: My home casino
 

Are you a better poker player than your friends? You can make a fair chunk of money just playing poker with them. You probably will have a higher edge just playing poker against them than you would banking roulette or dealing blackjack. Read some of the 2+2 books if you haven't already.

I think you ought to be very concerned about getting caught.

Time for a lame story. I got caught making book in high school. I wasn't taking that much money in bets. I had a notebook that I kept records in. The principal called me in one day and somehow had possession of my notebook. He starting giving me a great deal of grief about it. I pointed out that I knew that he had placed wagers in the "squares" pool at a local bar. (My dad was a drunk. I spent a lot of time in bars when I was growing up.) I suggested that he was being hypocritical and that it would probably be very bad for him if this got around. In retrospect, this was very foolish--I certainly would have played it differently if I had a chance to do it again (despite it working out pretty well). We came to an agreement. I was to keep the books at a much lower profile. I was to keep my fat mouth shut regarding his gambling. (I never saw his name on a pool again...I don't know if he started using initials or a pseudonym or stopped playing.) I wish that I had actually stopped at that time. I took a real bath on the '85 Superbowl.

Skip the casino idea.

Re: My home casino
 

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You will need $40,000 to get this off the ground. $40,012 if you want to buy a Harry Potter DVD to play on your flat-screens in the "casino".

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Just for fun, four poker tables and two BJ tables:

Code Description Qty Each Total
10-2010 Blackjack Dealing Shoe 6 Deck
Heavy clear Acrylic $24.99 $49.98
10-2030 6 Deck Discard Holder with Top
Clear Acrylic 6 deck Capacity $8.95 $17.90
10-BIGBJ2 Professional Size BlackJack Table w/Removable Armrest
Padded Felt Table Top $299.99 $599.98
10-4010 Clear Chip Spacers
Solid Acrylic $0.25 $50.00
10-5030 Clear Acrylic Chip Rack/Tray
Holds 100 CHIPS for all styles. MADE IN USA $1.89 $378.00
10-DEALER Texas Hold'em Pro Dealer Kit
Includes Dealer & Blind Buttons Plus More!

[1:10-ltblnd--Little Blind Button for Poker Game:]
[2:10-5000--Real Casino Cards - One Deck:]
[1:10-5500--Professional Dealer Button:]
[10:10-4010--Clear Chip Spacers:]
[1:10-mblind--Missed Blind Button for Poker Game:]
[1:10-bgblnd--Big Blind Button for Poker Game:]
[1:10-kill--KILL BUTTON for Poker Game:]
[1:10-2040BLU--BLUE Blackjack Cut Card:]
[1:10-RESR--Reserved Button - Great for Gaming Tables:] $17.99 $143.92
10-REG1546BRI Copag™ Bridge Size REGULAR Index - Green*Pink Setup
100% Plastic High Quality $19.95 $239.40
10-5000-144 LOT OF 144 QTY Casino Poker Size Cards
ONE GROSS OF PLAYING CARDS

[144:10-5000--Real Casino Cards - One Deck:] $119.99 $119.99

20,000 chips...

10-DS25CENT Desert Sands Casino 10g 25 cent Poker Chip
$0.85 $680.00
10-DS1 Desert Sands Casino 10g $1 Poker Chip
$0.85 $8,500.00
10-DS5 Desert Sands Casino 10g $5 Poker Chip
$0.85 $4,250.00
10-DS25 Desert Sands Casino 10g $25 Poker Chip
$0.85 $2,550.00
10-DS100 Desert Sands Casino 10g $100 Poker Chip
$0.85 $850.00
10-DS500 Desert Sands Casino 10g $500 Poker Chip
$0.85 $170.00
PromoCode Promotion Code: LHNWXK
Code: LHNWXK Valid Dates: 3/25/2005 - 4/30/2005 Description: This code entitles you to 25% OFF your purchase. - Valid Product Categories: Casino Supplies, Slot Machines, Swords, Knives, Airsoft Guns, Billiards, Paintball, Medieval Novelties, Collectibles, Miscellaneous ($4,649.79) ($4,649.79)
Subtotal: $13,949.38

Plus:
Poker-Wholesale.com



Your Shopping Cart
Item Unit
Price Qty. Subtotal
Finest Wood Texas Holdem Table w/Cup Holders & Chip Area

[Remove]
999.00 3996.00

Subtotal for Poker-Wholesale.com: 3996.00

So just $18,000 so far. Tack on another $2,000 for chairs. I'll assume you've got space for all these food comps (mom won't mind giving up half the fridge and pantry), adequate parking, and a computer to track your "player points". If you are going to rake, you'll have to have dealers, at least a couple of who will have to have some experience and can act as the floor as well, especially on nights when you have to study or something. You are going to lose money before you make money, so you'll need $5,000 minimum to pay your employees until you start bringing in enough to cover salaries. Same with comps, another $2,000 in reserve for that. Tack on $1,000 more for a couple TVs.

Maybe you could open the doors for $28,000. When is the grand opening?

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You thought about this WAY to much [img]/images/graemlins/grin.gif[/img]

Re: My home casino
 

thanks hedge, alot of good points

Re: My home casino
 

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I think the critical thing here is to be sure to schedule casino nights when your parents won't be home AND make all participants sign an agreement saying that they will remain completely still and quiet should your parents return home early.

IMO, these two things are a must.

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dont know if this is sarcasm or not. but anyways, parents arent a problem. my moms cool with it.

Re: My home casino
 

very true, a lot of good points. i think some of the things you listed arent necessary, and some of it i already got. but it does give some realization to the expenses i would incur.
i havent said yet, but i wont be doing this completely alone. this will be done with a couple other guys, who are rich, which helps. but thanks

Re: My home casino
 

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Catch Annie Duke's kids Luke and Bo take on Phil Hellmuth at the final table!

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lmao. nh

Re: My home casino
 

The best advice I have is run an ad in the local paper. You also might try hanging signs on all the trees and telephone polls by your home. Yep, that's what I would do.

Re: My home casino
 

[ QUOTE ]
The best advice I have is run an ad in the local paper. You also might try hanging signs on all the trees and telephone polls by your home. Yep, that's what I would do.

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that was cute.

Re: My home casino
 

Shouldn't this be on Nickelodeon instead of ESPN2?

Re: My home casino
 

Make sure you hit the shopping malls, libraries, churches, and police station too. Those old ladies and cops love places like yours. [img]/images/graemlins/smile.gif[/img]