Re: Bad Beat Jackpots = Zero Sum?
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I said: "The BBJ is a zero sum game, the Casino isn't taking a rake from the those dollars, the players eventually get it all. It isn't like the lottery where the payout is -ev. BBJ is 0 ev. The only drain is time value of the money being held by the Casino"
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1. Depending on the casino, many of them take a certain percentage from the BBJ pot for "administrative/marketing". It usually runs around 10%. This isn't really published information, it's something you would find in the small print. Some casinos may not take a percentage.
2. I agree that a BBJ attracts more players, but I would guess those players are only there to try and win the BBJ. I try not to play in places with a BBJ, cause the odds of hitting it is pretty high. Even in all my online play, I don't think I've ever seen a hand that would qualify for a BBJ. Also, you lose $1 from each winning pot. Yeah, it's only a $1, but estimate how many pots you taken down since you started to play poker, and multiply it by $1. That is a lot of money right there that could be in your pocket instead of in a pool.
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