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#1
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Suppose Tipping Poker Dealers Was Illegal
This is actually a technical question that under other circumstances should be posted on a different forum. But it is topical here.
Obviously if tipping poker dealers was absolutely not allowed, and the ban was stictly enforced, the casinos would have to pay a larger salary and charge a larger rake. Let's go under the assumption that this larger rake was exactly equal to the pay raise the dealers got, in order to make up for no tips. We can also presume that some casinos would up the rake by smaller amounts and get less competant dealers while some would charge more and get better dealers. (The very best dealers might look for different work, at least those who have the skills to succeed elsewhere.) If, after a time, it looked liked the customers wanted better, (or worse) dealers, hiring practices and rakes would be adjusted. Here is my question: Under this scheme, would reasonably good dealers who chose to remain dealers make as much or more than they do now? If not how would things change for them? |
#2
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Re: Suppose Tipping Poker Dealers Was Illegal
[ QUOTE ]
would reasonably good dealers who chose to remain dealers make as much or more than they do now? [/ QUOTE ] It would be about a $12-14/hr job with benefits is my guess. |
#3
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Re: Suppose Tipping Poker Dealers Was Illegal
Post it in Poker Theory please.
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#4
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Re: Suppose Tipping Poker Dealers Was Illegal
[ QUOTE ]
[ QUOTE ] would reasonably good dealers who chose to remain dealers make as much or more than they do now? [/ QUOTE ] It would be about a $12-14/hr job with benefits is my guess. [/ QUOTE ] Even if it were a $16-18/hr the number of good dealers would decrease. A very good dealer who keeps the game moving (and it tipped well) can deal 40 hands an hour @ dealing 75% utilization which is $30 per hour. Another question is "what is the optimal pay to that casinos should pay dealers in order to maximize their profit"? My guess is that casinos wouldn't even do the math nessesary to analyze this question and would just pay the dealers whatever they could get away with. Probably $15 an hour. |
#5
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Re: Suppose Tipping Poker Dealers Was Illegal
[ QUOTE ]
[ QUOTE ] [ QUOTE ] would reasonably good dealers who chose to remain dealers make as much or more than they do now? [/ QUOTE ] It would be about a $12-14/hr job with benefits is my guess. [/ QUOTE ] Even if it were a $16-18/hr the number of good dealers would decrease. A very good dealer who keeps the game moving (and it tipped well) can deal 40 hands an hour @ dealing 75% utilization which is $30 per hour. Another question is "what is the optimal pay to that casinos should pay dealers in order to maximize their profit"? My guess is that casinos wouldn't even do the math nessesary to analyze this question and would just pay the dealers whatever they could get away with. Probably $15 an hour. [/ QUOTE ] Why? Do most poker players not care if their dealers are crappy? Or are casinos just really bad at making money? I would think your original guess was right -- casinos would pay whatever they have to keep the dealer quality high enough to keep customers coming in the front door. Just like any other business. |
#6
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Re: Suppose Tipping Poker Dealers Was Illegal
I think the very best dealers would do better and the majority of dealers would make less.
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#7
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Re: Suppose Tipping Poker Dealers Was Illegal
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I think the very best dealers would do better and the majority of dealers would make less. [/ QUOTE ] If you understood my post, you answer is equivalent to saying that you think a few cardrooms could get away with a bigger rake increase because it would allow them to hire the best dealers. Is that what you meant? |
#8
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Re: Suppose Tipping Poker Dealers Was Illegal
[ QUOTE ]
[ QUOTE ] I think the very best dealers would do better and the majority of dealers would make less. [/ QUOTE ] If you understood my post, you answer is equivalent to saying that you think a few cardrooms could get away with a bigger rake increase because it would allow them to hire the best dealers. Is that what you meant? [/ QUOTE ] I think the few games that demand the very best dealers would go out and get them. I think right now the dealing market is not efficient in that a room will have low limit players that "overtip" dealers allowing the high limit players to free ride. Currently the people that demand the very best dealers pay the least and those that will settle for the worst dealers pay the most. |
#9
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Re: Suppose Tipping Poker Dealers Was Illegal
I don't have an answer, but I know that in Australia, dealers and casino staff aren't allowed to accept tips, and they were mostly competent at the Aussie Millions.
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#10
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Re: Suppose Tipping Poker Dealers Was Illegal
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I don't have an answer, but I know that in Australia, dealers and casino staff aren't allowed to accept tips, and they were mostly competent at the Aussie Millions. [/ QUOTE ] Agreed. |
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