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Old 11-23-2007, 12:23 AM
Adebisi Adebisi is offline
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Join Date: Apr 2006
Posts: 228
Default Re: let\'s get the facts straight: poker makes money

[ QUOTE ]
I've always considered one of the worst nightmares of a casino is the large pit player who converts to poker. Take a guy who is willing to lose 10k over a weekend out in the pit. He'll give 100s of k in action at BJ, craps, whatever. And on each of those transactions the house will earn a percentage . If he converts to poker and plays at a game where he plays poorly in comparision to his opponents, then his opponents will earn that percentage. The house in that case is essentially left with a flat rate--the rake/time charge .


[/ QUOTE ]

The opposite goes too. Random mid-high stakes poker pros getting shitfaced and dropping 20-30k on blackjack or craps on a Saturday night probably isn't a rare occurance. Something that brings kids in their 20s who probably like to party and have wads of cash into the casino can't be all bad. Also, for BIG pit gamblers, there generally won't be a poker game big enough to pique their interest. A guy that plays $50,000 a hand baccarat isn't going to give a [censored] about the 400/800 mixed game going in the poker room.
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