Re: Greedy dealer or cheap grinder? (toke involved)
 

We didn't chop it, I came in 3rd. I guess I shouldn't have used the term chop, I just meant that's how the payout was broken down. Sorry for the confusion.

Re: Greedy dealer or cheap grinder? (toke involved)
 

All dealers believe that they deserve a share of anyone else's winnings and the bigger the winnings the more they think is rightfully theirs.

Re: Greedy dealer or cheap grinder? (toke involved)--SnG Tip.
 

REASONABLE CALCULATION

Game takes 1:20 hours so let's round it out to one and half hours. Say a dealer at a ring game could expect to make $10/down so his usual expectation would be about $30.

Prize breakdown for 1st, 2nd and 3rd is $1500, 600 and 400.

Ratio of prize breakdown is to 60%, 25% and 15%. (Actually 60/24/16 but close enough.)

Reasonable tips would be as follows:

1st: .60 x $30 = $18. Say $20.

2nd: .25 x $30 = $7.5 Say $10.

3rd: .15 x $30 = $4.5 Say $5.

Your tip was perfect. Anything more would be generous on your part.


GENEROUS CALCULATION

Lets say we want to tip on the generous side. Figure the dealer is out of his usual ring game status for a full two hours and he would usually make $24/hour in tips rather than $20. ($12/down rather than $10.)

15% of $48 = $7.20

A tip of $7 would be generous.

Re: Greedy dealer or cheap grinder? (toke involved)
 

from the way it sounds hes getting $16/hr to do his job anyway. Is a tip even necessary at all? I thought the whole point of tipping poker dealers was they only made min wage, at least in LA and vegas.

666...

Re: Greedy dealer or cheap grinder? (toke involved)
 

[ QUOTE ]
Tourny rate is around $14-$16 at Borgata on average,

[/ QUOTE ]
Can anyone confirm this??? I'd be VERY shocked if this was true (although it would go a long way to explain why Borg dealers are so much better than anyone else)

Re: Greedy dealer or cheap grinder? (toke involved)
 

[ QUOTE ]
[ QUOTE ]
Tourny rate is around $14-$16 at Borgata on average,

[/ QUOTE ]
Can anyone confirm this??? I'd be VERY shocked if this was true (although it would go a long way to explain why Borg dealers are so much better than anyone else)

[/ QUOTE ]

Hopefully someone else will confirm, but my friend who is a veteran dealer gets $16 tourny rate. I believe the average is only slightly less than that as dealer pay doesn't vary much with experience. This is tourny rate only of course, they make far less when dealing cash games (but more overall when tokes are factored).

Re: Greedy dealer or cheap grinder? (toke involved)
 

I heard the avg dealer in vegas makes 64K a year. That's incredible...

You know what that means? That we're all tipping too much, it's not like LV's cost of living is ridiculously high (outside the strip of course).

Can anybody confirm? 64K is more than I make, and I'm in a technical profession.

Re: Greedy dealer or cheap grinder? (toke involved)
 

[ QUOTE ]
[ QUOTE ]
So I am playing a 250+20 SNG which is chopped three ways and I get $400 or +$130.

[/ QUOTE ]

This doesn't make sense. Most ten-player SNGs pay approx. 20% to third place. In addition, a player with the smallest stack who is already guaranteed the lowest prize should always been receiving more than that prize amount, or else there would be no reason to accept the chop. Yet, from this chop, you only received 16% of the prize pool.

Was there an unusual payoff schedule where third place received less than 15%, or did you just agree to a really bad deal?

[/ QUOTE ]
Not in AC. 250+20 in Borgata pays something like 2k for first and $500 for second. They most likely choped it 3 way by chip count (or something close to it).

Re: Greedy dealer or cheap grinder? (toke involved)
 

I don't make 64K a year and while some dealers may make this I feel certain that average is well below this number.

but I make enough to be comfortable. not getting rich, but getting by.

Re: Greedy dealer or cheap grinder? (toke involved)
 

[ QUOTE ]
I heard the avg dealer in vegas makes 64K a year. That's incredible...

You know what that means? That we're all tipping too much, it's not like LV's cost of living is ridiculously high (outside the strip of course).

Can anybody confirm? 64K is more than I make, and I'm in a technical profession.

[/ QUOTE ]

You must not be a really good tech or you need a need job.