Caesars Palace LV is starting up a BBJ in January

[52s]

Just a shoutout to the B&M'ers who like to know these things.

I found out that CP LV is starting up a Bad Beat Jackpot, and it will kick off sometime in January. They are already installing the boxes/slots into the tables.

Me no likey.

[MVPSPORTS]

At least the players still blow... But yeah, that sucks, and knowing Harrahs, you'll prolly have to lose w/ a J high str8flush to qualify...

[LasVegasMichael]

Thanks for posting this.

I can officially cross Caesars off my list of good poker rooms in Vegas.

[surfinillini]

[ QUOTE ]
Thanks for posting this.

I can officially cross Caesars off my list of good poker rooms in Vegas.

[/ QUOTE ]

why? Your favorite room the venetian had a BBJ...seems like a good idea in generating traffic

also, its bad that when I look at the letters BBJ I instantly think bareback blow-job...I spend way too much time on craigslist.

[LasVegasMichael]

[ QUOTE ]
[ QUOTE ]
Thanks for posting this.

I can officially cross Caesars off my list of good poker rooms in Vegas.

[/ QUOTE ]

why? Your favorite room the venetian had a BBJ...seems like a good idea in generating traffic


[/ QUOTE ]

No comparison. Venetians was HOUSE funded (no additional rake/drop) and was a promotion. Caesars will be player funded, taking an additional $1 rake from every pot (usually $10-$20 minimum). Also, there is no requirement that 100% of the money goes back to the players. Some casinos retain as much as 15% for "administrative costs". To boot, when the BBJ is paid out, it will be taxed, so even less of the $1 taken from each pot will be returned to the players.

This is why none of the best rooms in Vegas has a regular BBJ or high hand jackpot (i.e. Bellagio, Wynn, Venetian, MGM Grand).

[surfinillini]

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Thanks for posting this.

I can officially cross Caesars off my list of good poker rooms in Vegas.

[/ QUOTE ]

why? Your favorite room the venetian had a BBJ...seems like a good idea in generating traffic


[/ QUOTE ]

No comparison. Venetians was HOUSE funded (no additional rake/drop) and was a promotion. Caesars will be player funded, taking an additional $1 rake from every pot (usually $10-$20 minimum). Also, there is no requirement that 100% of the money goes back to the players. Some casinos retain as much as 15% for "administrative costs". To boot, when the BBJ is paid out, it will be taxed, so even less of the $1 taken from each pot will be returned to the players.

This is why none of the best rooms in Vegas has a regular BBJ or high hand jackpot (i.e. Bellagio, Wynn, Venetian, MGM Grand).

[/ QUOTE ]

I think you missed my point. I will not be going to play at Caesars for the BBJ, but going to caesars to play b/c it will attract your average player from xxx city who is more comfortable playing a game with a bbj and who isn't privy to the info that you are.

[m bozeman]

Hey now, a Stern Fan! I agree with above posters who say this is not what the "top" poker rooms need, and this is not a good thing for Ceaser's.

[bav]

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Also, there is no requirement that 100% of the money goes back to the players. Some casinos retain as much as 15% for "administrative costs".

[/ QUOTE ]

You know this for a fact? I've always figured they could not keep anything for admin costs because then they'd be violating the max rake set by the Nevada Gaming Commission. Long as they are returning 100% of the money to the players, it seems kosher. If they are not, write a letter to the GC asking why they're allowed to overrake.

And is this to be a BBJ or High Hand Jackpot? Harrah's and Bally's and Rio have HHJ's. I look at BBJ's as a tax on the tourists... tourists show up and play regardless of the BBJ value, while the locals can shop around and play in a room only after the BBJ gets large. And BBJ's cause large influxes of non-regular players when the BBJ is giant, and then the room empties once it hits.

HHJ's I figure I have a mostly equal opportunity to hit, and ultimately my share of the dropped money will come back to me. And nobody (well...few people) pick a room to play in based on how well funded the HHJ buckets are. So I'm ok with most HHJ's.

[Abe]

[ QUOTE ]
Just a shoutout to the B&M'ers who like to know these things.

I found out that CP LV is starting up a Bad Beat Jackpot, and it will kick off sometime in January. They are already installing the boxes/slots into the tables.

Me no likey.

[/ QUOTE ]

This fits their (CP/Harrahs) pattern -- they are doing most everything else wrong.

Oh well, heard CP had a good poker room until the Mirage opened in '89. Wait - the Mirage still has a good poker room. In fact, thats how to find a good poker room at CP - go next door either direction.

[RR]

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Some casinos retain as much as 15% for "administrative costs".

[/ QUOTE ]

I know many casinos that aren't in Nevada do this. I think some in Nevada have tried to do this. I think Gaming has said "no" when they tried to do this.