A Surprise at the Venetian !

[Abe]

This happened during my annual Las Vegas trip at WSOP time. Mid Afternoon weekday in early July.

Walked up to the front brush desk and asked to be put on all low and mid level Limit Holdem or Mixed games. Brush said they didn't have ANY!. They only put 10 tables in play for cash games and they were all NL. A tournament was about to start using another 10+ tables and the other 1/3 of the room was not being used. He said there might be some limit games after the tournament was over.

Well --- Over the years I've heard a lot of things from casino poker room staff, but I'd never heard THAT before. I asked if it would be the same tomorrow and he said yes it would be.

Thus ended my visit to the Venetian.

Mirage had multiple games of Limit Holdem going at the same time-- 3-6, 10-20, 20-40, and a 6-12 list.
Wynn had multiple games of limit Holdem going at the same time-- 4-8, 8-16, 15-30, and a very nice 8-16 Mixed Game.

Somebody tell me again how the Venetian is so well run and is so innovative and is trying to get our business.

[pig4bill]

The Deepstack series tournaments sucked up all their available tables until late afternoon. If you'd gone there around 4 or 5 pm you likely would have found some limit you wanted. I played some 4/8 there. It's just a matter of working around their schedule.

[psandman]

[ QUOTE ]
The Deepstack series tournaments sucked up all their available tables until late afternoon. If you'd gone there around 4 or 5 pm you likely would have found some limit you wanted. I played some 4/8 there. It's just a matter of working around their schedule.

[/ QUOTE ]

Actually he said he was there early July which means he would be running into the CEO poker tour starting at 5PM (and they had the $1K Deepstacks running since noon.

[Photoc]

Abe they had the CEO poker tour plus the 1k deepstacks going at the same time. Every day during june the entire room was booked out for the deepstack series and the same with the first 2 weeks of July for Ceo/Deepstack 1k's.

The normal fair was no cash games between 10am and 4pm'ish depending on when the tourney started breaking down because they were getting 500+ a tourney with only 49 tables.

[*TT*]

Abe - you read the B&M forum, I'm shocked this surprised you. for what its worth the V couldn't get any limit games at all until late in the day a few months ago (and sometimes not at all), the WSOP and the deep stack tournys changed that for the time being.

GOSSIP: The swing manager at another major corporate room in town told me that the venetian is losing money this month. The tournaments are taking too long and upper level management wasn't happy that revenue is down when there are so many players physically in the room. I cannot confirm this rumor yet, but I am trying to see if its based on fact.

[VORP]

I don’t see how a deep stacked low buyin tournament makes sense from anyone’s perspective. The rake per table hour has to be crazy low on a $300 tournament that lasts two days. And from a player perspective there’s no way to have a high hourly earn rate with such a small prize pool for the hours played. Am I missing something here?

[pig4bill]

You bring people into the room, many who have never been there.

They like what they see. They come back later. They come back on subsequent visits.

I got the sense that they were far more sucessful than the Venetian expected. Some of those tournaments they probably could have sat 600 if they had the space. My guess is they expected to have room for cash games in addition to the tournaments. I wouldn't be surprised to see a lot more tables next year.

[SumZero]

[ QUOTE ]
I don’t see how a deep stacked low buyin tournament makes sense from anyone’s perspective. The rake per table hour has to be crazy low on a $300 tournament that lasts two days. And from a player perspective there’s no way to have a high hourly earn rate with such a small prize pool for the hours played. Am I missing something here?

[/ QUOTE ]

They are fun. From the player point of view the deep stack definitely helps increase the skill edge. The smallest tourneys were, essentially, $289.50 + 40.50. The middle ones were $482.50 + 57.2. The big ones were $965 + 95. And that overstates the amounts of rake slightly as 10-15% of the +X there was going into the prize pool for overall DSE champion.

[SenatorKevin]

I'm curious to see how regular the 5-10 games at the V are now that the series and tournies have wrapped up. I played at the Wynn since I could get a seat quicker in the 5-10 game but I generally prefer the V's room. I miss the days when they comped at 4.50 an HOUR for playing 2-5. *tear*

[SenatorKevin]

Does anyone know if the Palazzo is going to have a dedicated poker room? Considering the V's poker room is pretty close to the walkway, I'd be surprised if they had anything more than a small room.