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Old 11-17-2007, 03:13 PM
Poshua Poshua is offline
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Join Date: Dec 2006
Location: New York, NY
Posts: 508
Default Re: Bad Beat Jackpots = Zero Sum?

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I suppose yes, if the house does it your way, they could probably get away with it. If at $40 $3 comes out for rake, fine, they can take 10% of the $1 jackpot and be legal and make 10 cents. Or they can just not rake the jackpot and take the full $1 rake at $40. Not sure that's a good trade off for them, but maybe. Does kinda seem like it might make 'em a bit more, at least on games that regularly get >$40 pots. It'd be sorta like raking with dimes instead of dollars, only raking with a single dime only when the jackpot is dropped.

Hope the Harrah's execs aren't reading this thread. If we see 10% of the jackpot drop being raked next year and dimes being used for the rake, we'll know where they got the idea.

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Actually, I think my way would make them 90 cents less only on pots of exactly $20, $30, or $40, and 10 cents more on any other pot of $21 or more. My guess is that would mean slightly more rake to the casino so, yeah, I hope the execs aren't reading.

Similarly, Mandalay Bay used to (still does?) break dollars into quarters in order to take the rake in 25 cent increments. At the time, I didn't realize the no-rounding-up rule, so it seemed really silly to me; now I understand, but it's still [censored] annoying.
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