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.
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