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#1
02-08-2006, 08:15 PM
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Dealer\'s Average Pay
I have a client doing a stated income home loan for a Dealer in one of the San Jose cardrooms. What would be a reasonable amount of annual income for someone who has been dealing 10+ years and works OT?
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#5
02-08-2006, 11:23 PM
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Re: Dealer\'s Average Pay
[ QUOTE ]
[ QUOTE ] In Cali? 50kish? [/ QUOTE ] This number is quite low. [/ QUOTE ] Hold on I'm going to go to my job in complete misery now. What are they making then? :suicidetimesten:
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#7
02-09-2006, 12:17 AM
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Re: Dealer\'s Average Pay
FWIW, I did a little experiment on trying to figure out how much a dealer would make in an 8-hour shift on an average night (this is at Sandia Casino in Albuquerque, NM).
An average dealer both in speed, accuracy, personality, etc...I chose one in which I felt was a "middle-of-the-road" guy and here is what I found: Avg. hands per down (using automated shufflers) - 18 Avg. tips per down - 16 (all $1 dollar tips) Wage @ $6 per hour. Figuring that, that rolls out to $38/hr. Sure, some will be better, some less, so let's lowball him and say $35/hr. Figure in 35 hours a week = $1225/wk I don't know how vacation works regarding dealers, so let's assume no pay for 2 weeks, so 50 weeks = $61,250/yr. And that's lowballing him. Let's not cut corners and say $38/hr for 40 hours/wk, for 50 weeks = $76,000/yr. And that's just a regular dealer with "normal" personality and normal speed. If you crank out more hands and have some personality to go with it, $80k+ is surely doable, imo. And this is why I am switching professions...well that and I am burnt out in my current one.
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#8
02-09-2006, 12:35 AM
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Re: Dealer\'s Average Pay
I think this is a top heavy estimation
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#10
02-09-2006, 12:51 AM
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Re: Dealer\'s Average Pay
And he'll be on break for about 1/3 of those 30 hours.
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