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Old 10-05-2007, 08:56 PM
DesertCat DesertCat is offline
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Join Date: Aug 2004
Location: Pwned by A-Rod
Posts: 4,236
Default Re: Casino AZ now runs live single table SNGs!

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SNG =$55 in revenue over the course of 1.5-2 hours for the house.
Same players would be in a live raked game if the SNG wasn't going.
Simple math, from a revenue stand point they way -EV.


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That's only the $60 SNGs, and that's net revenue to the house (the dealers are paid separately). And no SNG is going 2 hours. Mine was done in one hour. So the house made $95 in one table hour which is probably a lot more than they'll make from most of their low limit tables.

But yes, they'll probably increase the rake if they keep them around (another $5 wouldn't kill anyone but it would increase the house take to $145 for the $115s), and they should eliminate the $60s so they don't draw players from the $115s.

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These things do not draw players that would normally be in the casino, they simply take players out of live play.

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This remains to be seen. I recognized only one player from mine. They could have been low limit players or they could have come in for the SNGs. Players love tournaments. But many people can't sit around for 6 hours playing one.
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