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Old 11-25-2007, 08:13 AM
John Kilduff John Kilduff is offline
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Join Date: Nov 2006
Posts: 1,903
Default Re: let\'s get the facts straight: poker makes money

[ QUOTE ]
Years before the Moneymaker era poker was the loss-leader of the casino. Just as the local grocery store sells their milk at a loss to draw people in the doors the casinos would maintain the games and the poker rooms to draw players into the room in hopes that these players will gamble in the other more profitable areas. At the time the rake was required to get the casino closer to the break even point not to necessarily provide a profit.



[/ QUOTE ]

Believe it or not, poker made money for the house back in those "ancient days" before the Chris Moneymaker era, too.
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