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Old 07-19-2007, 12:34 AM
Analyst Analyst is offline
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Join Date: Oct 2003
Location: I see dead money
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Default Re: \"Jesus\" advises Yang to stiff dealers?

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probably the dealer hours, how did you get that number?

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Just guessing. I used an average of 100 tables per Day 1 (assuming they started at 150 and ended at 50), and 14 hours per day. 100 x 14 x 4 days = 5600 hours. If that's correct it's pretty hard to even get to 10,000 hours when you are already down to 1600 players by the day 2s. I think I must be off by a factor of two or three somewhere...

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I think you are very close indeed, and certainly not off anywhere near a factor of 2. Let's figure:

Day 1: 1600 players/day = 178 tables * 12 hours of play * 4 days = 8544 dealer-hours. However, this is clearly too high as there were not 1600 players for all hours. By the end of the day, there were less than 60 tables. Let's conservatively say 7200 dealer-hours.

Day 2. ~1150 players/day = 128 tables * 10 hours * 2 days = 2560 dealer-hours. End of day was about 410 players each day (46 tables), let's say 2000 dealer-hours.

Day 3. 820 players = 92 tables * 12 = 1104 dealer-hours. End of day was 337 players (38 tables), let's use 800 dealer-hours.

Day 4. 337 players = 38 tables * 11 = 418 dealer-hours. End of day was 112 players (13 tables), so say 300 dealer-hours. We're pretty much in the noise at this point.

Day 5. 13 tables * 12 hours = 156 dealer-hours. Only 5 tables at the end of the day, let's use 120 dealer-hours.

Day 6. 4 tables * 18 hours = 72 dealer-hours, we'll use 50.

Day 7. 1 table * 20 hours.

Total ~ 10,500 dealer-hours. Even if all tables ran all day it would only raise the total to around 13,000 dealer-hours.

At 10k hours, and assuming that Ferguson's $150k is correct, Yang effectively tipped each and every dealer about $15/hour for every hour they worked. That's more than generous and in his shoes I doubt that I'd tip anything more.