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AZDuffman
AZDuffman
Joined: Nov 2, 2009
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October 22nd, 2011 at 6:37:36 AM permalink
Quote: FleaStiff

are these players who pay .25 commission to bet 1.00 aware of what they are doing? All he is going to win is 1.00?



Nobody ever went broke underestimating the intelligence of the American public. They do not care, they get to sit at "the grown-ups" table.

A machine would be better. Give it fair rules and it should still be good for the $1-$0.25. And as we all know, it won't take breaks, call in sick, form a union, or call the low-level player a flea.
All animals are equal, but some are more equal than others
boymimbo
boymimbo
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October 22nd, 2011 at 7:27:15 AM permalink
Quote: DJTeddyBear

People are only interested in the low price and since they expect to lose anyway, they believe this allows them to lose slower.

As far as the edge goes, I may be wrong here but I do not think you add 25% based on a .25 vig on a $1 bet. Since you win around 45% of the time, and you're essentially betting $1.25 to usually win $1.00, it's a 20% vig of a 45% chance, or about a 9% addition to the edge.

Mind you I'm not really sure if that's how to calculate it. And I still think that's a stupid way to play...



DJ is right. You bet $1.25 and calculate the HE based on that $1.25, so you're looking at about 22% off the top instead of 27%. What a waste of money.
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Ibeatyouraces
Ibeatyouraces
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October 22nd, 2011 at 9:41:16 AM permalink
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Ibeatyouraces
Ibeatyouraces
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October 22nd, 2011 at 9:50:18 AM permalink
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dm
dm
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October 22nd, 2011 at 9:51:25 AM permalink
Quote: Ibeatyouraces

to continue, we know a lot of bj players arent that bright but there was a guy actually flat betting $1.00. essentially he is trying to win 75 cents. and also, bj pays even money at these stakes. very sad.




Not necessarily. Were he playing $1000/hand and not cheating, his expected loss is about $3/hand.
Ibeatyouraces
Ibeatyouraces
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October 22nd, 2011 at 10:01:01 AM permalink
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teddys
teddys
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October 22nd, 2011 at 10:20:15 AM permalink
Quote: Tiltpoul

I haven't been up to Detroit in a while (I think it's been at least a year, probably a bit longer). MGM Grand is a nice looking casino, but it's in the heart of downtown Detroit. They have a REALLY big problem with panhandling in the casinos, and security there is always on the lookout for such people. Being a downtown casino, they can offer super high table minimums, because they know players have nowhere else to go (it used to be easy to hop the pond into Canada, but now they require a passport).

As pointed out, AC has been doing this, mainly in the smaller casinos. There, if you bet $5 or more on those tables, you don't have to pay, and you still get 3:2 and not so horrible rules. I think it's an easy way to hide the fact that there are $5 tables out there.

Not entirely true. MGM Grand is just outside of downtown, by the freeway. You can walk there from downtown, but it's not in downtown. (This was a criticism of it when it opened; Motor City casino is even further out, and in a worse neighborhood.) As for the panhandling problem, I've never been panhandled in any of the casinos. I have been panhandled outside Greektown excessively.

That said, MGM Grand Detroit is probably the nicest casino hotel outside of Las Vegas, and that includes AC. Detroit gaming is a very healthy market and they are able to command high minimums everywhere, even in Canada. You won't find any bargains here.
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
dm
dm
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October 22nd, 2011 at 10:32:11 AM permalink
Quote: Ibeatyouraces

We're not talking about a $1000 bet but just the $1 bet. Plus this commision is only collected if you bet less than table minimum. Even money bj is only when the bet is not in $5 increments.



We're talking about a person losing 30 cents/hand who's considered pathetic vrs a guy losing $3/hand who's not? Aren't they both paying for entertainment and enjoying the casino amenities? Guess who appears to be getting the bargain? Beat those aces. I think the high roller only has kings, but he is high rolling.
Tiltpoul
Tiltpoul
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October 22nd, 2011 at 10:49:41 AM permalink
Quote: teddys

Not entirely true. MGM Grand is just outside of downtown, by the freeway. You can walk there from downtown, but it's not in downtown. (This was a criticism of it when it opened; Motor City casino is even further out, and in a worse neighborhood.) As for the panhandling problem, I've never been panhandled in any of the casinos. I have been panhandled outside Greektown excessively.

That said, MGM Grand Detroit is probably the nicest casino hotel outside of Las Vegas, and that includes AC. Detroit gaming is a very healthy market and they are able to command high minimums everywhere, even in Canada. You won't find any bargains here.



I think the fact that you haven't been panhandled at the casinos is a testament to the security those places provide. One dealer was telling me (and again, it's been a while since I've been up there) that they go through training to know what to look for. I've had players be VERY friendly to me while playing and winning, hoping that I'll give them a thank you token. Dealers see it, give a code to the pit, and those people are escorted away from the tables.

I have to disagree about the niceness of MGM Grand Detroit. It is nice, but the color scheme is awful. I haven't stayed at the hotel, so I can't say anything about that, but I would assume at the rates they charge it would be superb. A CASINO rate for me was $149 a night... and that was after playing $20 a hand BJ for 6 hours. The comps seemed pretty good though... I had over $100 available at one point.
"One out of every four people are [morons]"- Kyle, South Park
Ibeatyouraces
Ibeatyouraces
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October 22nd, 2011 at 10:50:55 AM permalink
20% plus or .3%, who is more pathetic? spending $3 of $1000 is not bad. $200 or more from the same amount is.
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