aceofspades
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April 17th, 2012 at 8:04:22 PM permalink
Why do casinos (most notably Caesar's AC) raise the $100 minimum to $200 on weekend evenings despite there being no market for it? I have been at a $100 table with 2 or 3 others and they changed to $200 once the shoe was finished at a seemingly random time of evening. Despite everyone at the table informing them they were leaving once it switched to $200, they refused to keep it at $100. Even more head-scratching was the fact that there were two other $200 minimum tables completely open - with nary a player. I inquired of the PB why they refused to keep a $100 table open where they would have 3 or 4 players prospectively playing the whole night rather than opening yet another $200 table and he replied "It is what it is"

WOW!
aluisio
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April 17th, 2012 at 8:07:21 PM permalink
I don't know how it works in Vegas, so correct me if I am wrong. In many casinos that I have been to, always that the minimum was raised those who were already playing at that table could keep their previous amounts, let's say: keep betting $100 until they decide to leave the game.
No bounce, no play.
aceofspades
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April 17th, 2012 at 8:09:52 PM permalink
Quote: aluisio

I don't know how it works in Vegas, so correct me if I am wrong. In many casinos that I have been to, always that the minimum was raised those who were already playing at that table could keep their previous amounts, let's say: keep betting $100 until they decide to leave the game.




That would have been fine with me BUT, the table was informed there would be no "grandfather clause" to allow us to maintain our $100 min. All players from that shoe forward would be required to abide by the new table minimum. So, instead of having a full $100min. table and two empty $200min tables, they chose to have three empty $200min tables. It still confounds me.
aluisio
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April 17th, 2012 at 8:13:42 PM permalink
Was there someone obviously counting? Maybe they just wanted to give 'a message'; otherwise it doesn't make sense...
No bounce, no play.
aceofspades
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April 17th, 2012 at 8:15:11 PM permalink
Quote: aluisio

Was there someone obviously counting? Maybe they just wanted to give 'a message'; otherwise it doesn't make sense...




Nah, nothing obvious at all. This has happened every time Friday night rolls around in Caesar's AC - it seems they figure if all they have are $200 min then people will be forced to play it. However, I think with the current economy (especially the economy of AC), keeping any players at a table is better for business than driving them away.
WongBo
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April 17th, 2012 at 11:46:28 PM permalink
Seems to me the message is clear,....there are 7 non-Caesars casinos in AC, enjoy yourself somewhere else.
In a bet, there is a fool and a thief. - Proverb.
rainman
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April 18th, 2012 at 12:10:16 AM permalink
This tactic is employed at a casino here in wa. Its clearly done to force u to play a higher limit. they do it during peak times . i noticed lately there keeping one lower limit table open. I think thier plan wasnt working too well.
JB
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JB
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April 18th, 2012 at 1:00:27 AM permalink
Quote: aluisio

Was there someone obviously counting? Maybe they just wanted to give 'a message'; otherwise it doesn't make sense...


If someone was counting and the casino was sweating their action, the casino would either back them off or force them to flat-bet, not make them bet more.
brianparkes
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April 18th, 2012 at 1:10:18 AM permalink
It is likely a decision from way up on the corporate ladder with the idea that if they raised the limits it would bring a higher level clientele in if they knew they wouldn't have to be playing with low limit players on the table. Obviously they don't give the floor staff the authority to change it as needed to reflect the actual play in the pit. It is a form of micro-managing from higher up that doesn't always result in the best service for the guests. Maybe in the past they had complaints from high limit players that the reason they don't play there is because they don't want to play with low limit players and this was the change made to accomodate them, but there has not been a reassesment of that procedure change to see if it has been working (from your observation it has obviously been not working).
kaysirtap
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April 18th, 2012 at 1:58:05 AM permalink
Changing table limits is not simply about supply and demand. Although, if there is literally zero demand at a given table minimum, then the decision to go to that table minimum doesn't make sense unless there is some hidden motive. A simplistic example of the basic theory goes something like this: a dealer can deal faster to one $600 player than to six $100 players. Of course, some managers are not able to find an appropriate balance between increasing profits and alienating customers.
NicksGamingStuff
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April 18th, 2012 at 3:27:40 AM permalink
Sometimes they do stuff like that to close tables when they are short on dealers, but they usually inform the players there are similar table limits nearby.
FleaStiff
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April 18th, 2012 at 3:43:10 AM permalink
Half of those who griped about the minimum bet will want to continue to get free drinks and fifteen minutes later will be playing at the new level. The casino wants the general level to be higher and does not want lower level action to continue. Eventually they prevail.
FinsRule
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April 18th, 2012 at 5:23:12 AM permalink
The casino wanted to get the riff raff out of there.

$100 players, that's nothing, you don't need to take care of them, you need to take care of real gamblers.
WongBo
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April 18th, 2012 at 7:02:58 AM permalink
Quote: brianparkes

It is likely a decision from way up on the corporate ladder with the idea that if they raised the limits it would bring a higher level clientele in if they knew they wouldn't have to be playing with low limit players on the table. Obviously they don't give the floor staff the authority to change it as needed to reflect the actual play in the pit. It is a form of micro-managing from higher up that doesn't always result in the best service for the guests. Maybe in the past they had complaints from high limit players that the reason they don't play there is because they don't want to play with low limit players and this was the change made to accomodate them, but there has not been a reassesment of that procedure change to see if it has been working your observation it has obviously been not working).


The qualy of the clientele does not change significantly at that level.
Perhaps if they were going to $500 or $1,000 this would be a valid theory.
But even then you would still be catering to the top echelon of gamblers.
I am always surprised when a casino won't accommodate a player with that obvious spending potential.
To me, the move just reeks of the blind greed I have come to expect from Caesars.
In a bet, there is a fool and a thief. - Proverb.
DJTeddyBear
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April 18th, 2012 at 7:31:00 AM permalink
I can see it coming down as a directive from above: Do this to make the high-rollers happy.

Assume that's what's going on.

Did they tell the high-rollers they were going to do that? If so, why were the other two $200 tables empty?
I invented a few casino games. Info: http://www.DaveMillerGaming.com/ ————————————————————————————————————— Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
aceofspades
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April 18th, 2012 at 8:09:07 AM permalink
Quote: DJTeddyBear

I can see it coming down as a directive from above: Do this to make the high-rollers happy.

Assume that's what's going on.

Did they tell the high-rollers they were going to do that? If so, why were the other two $200 tables empty?




They informed us mid-shoe that the next shoe would harken the change of the table minimum and all players would then have to play the new minimum. As for why the other two $200 tables were empty, I have no idea. They were not reserved. There was one woman playing on a reserved table at $10,000 per hand and she was the only other BJ player in the high limit room (some people were playing roulette). So, other than wanting to claim that all their tables in the high limit room were $200 minimum, I have no idea why they would do this. Later that evening I passed by the high limit room again and, lo and behold, nary a player except the one lady still playing $10,000 per hand. I guess three empty $200 tables is better than one full $100 table.
WongBo
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April 18th, 2012 at 8:18:30 AM permalink
Maybe the 10k Player told them to flick the fleas or she would leave....
The high limit BJ at Mohegan Sun, CT is $500 and it is almost always empty.
I am sure they could get players at $100 but they choose to staff the empty table instead.
I think a lot of casinos have not yet adjusted to the new reality...
We do not need them as much anymore.
We have hundreds of options now.
In a bet, there is a fool and a thief. - Proverb.
aceofspades
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April 18th, 2012 at 8:22:50 AM permalink
Quote: WongBo

Maybe the 10k Player told them to flick the fleas or she would leave....
The high limit room in Mohegan is $500 and it is almost always empty.
I am sure they could get players at $100 but they choose to staff the empty table instead.
I think a lot of casinos have not yet adjusted to the new reality...
We do not need them as much anymore.
We have hundreds of options now.




Nah, I have seen the $10k player in there on previous trips and she was basically oblivious to everyone and besides, she was up on the raised level within the Caesar's AC high limit room behind a railing with plenty of privacy
FatGeezus
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April 18th, 2012 at 8:39:54 AM permalink
AC casinos raise the minimums that drive the players away and then they wonder why they are losing revenue every month......Idiots!
aceofspades
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April 18th, 2012 at 8:51:32 AM permalink
The illusion of big time players in AC is too appealing to them to care about the $100 players.
only1choice
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April 18th, 2012 at 9:15:25 AM permalink
I normally play in pit 21 $100 minimum. I have played about 7 times in the last 3 months in pit 27 $500 tables. Five times I was the only player. The other 2 times a player bought in for $250,000 and the other time $50,000. One of my wifes friends told us early last year a player bought in for $500,000 and won $1.2
IF YOU PLAY "PLAY TO WIN"
aceofspades
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April 18th, 2012 at 10:05:40 AM permalink
Quote: only1choice

I normally play in pit 21 $100 minimum. I have played about 7 times in the last 3 months in pit 27 $500 tables. Five times I was the only player. The other 2 times a player bought in for $250,000 and the other time $50,000. One of my wifes friends told us early last year a player bought in for $500,000 and won $1.2




In Caesar's AC or Caesar's Palace?
only1choice
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April 18th, 2012 at 10:11:05 AM permalink
I,m sorry for the confusion I was responding to WongBo's comment about the Mohegansun.
IF YOU PLAY "PLAY TO WIN"
Tiltpoul
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April 18th, 2012 at 10:11:48 AM permalink
My feeling this is yet another reason Atlantic City will soon be going into the ocean...

Casinos try to raise minimums in hope of getting people to suck it up and play at the higher limit. Unfortunately, this often backfires, and tables sit empty. Smart casinos use a good balance of raising minimums and traffic to determine the right time. A high limit room has no excuse for this, though. This was very foolish on their part.
"One out of every four people are [morons]"- Kyle, South Park
WongBo
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April 18th, 2012 at 10:34:48 AM permalink
Quote: only1choice

I normally play in pit 21 $100 minimum. I have played about 7 times in the last 3 months in pit 27 $500 tables. Five times I was the only player. The other 2 times a player bought in for $250,000 and the other time $50,000. One of my wifes friends told us early last year a player bought in for $500,000 and won $1.2



Mohegan has a high limit suite on the 36th floor where you can play most of the major games
If you want to play at $500 you could just go there, unless you prefer the main floor.
It is sort of strange that they keep the minimum at $500 in the high limit room downstairs when the tables are empty.
I know they do get action, but every roller knows they will bump the limits on request.
In a bet, there is a fool and a thief. - Proverb.
Ayecarumba
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April 18th, 2012 at 10:35:55 AM permalink
Quote: Tiltpoul

My feeling this is yet another reason Atlantic City will soon be going into the ocean...

Casinos try to raise minimums in hope of getting people to suck it up and play at the higher limit. Unfortunately, this often backfires, and tables sit empty. Smart casinos use a good balance of raising minimums and traffic to determine the right time. A high limit room has no excuse for this, though. This was very foolish on their part.



Couldn't the black chip players use the same spread on the quarter minimum tables outside the high limit room? It could be a move to consolidate the tables and let some staff go early, or rotate them to other areas.
Simplicity is the ultimate sophistication - Leonardo da Vinci
Tiltpoul
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April 18th, 2012 at 10:38:42 AM permalink
Quote: Ayecarumba

Couldn't the black chip players use the same spread on the quarter minimum tables outside the high limit room? It could be a move to consolidate the tables and let some staff go early, or rotate them to other areas.



I believe there are different rules in the high limit area, mainly S17. I don't think that's really the best answer to that problem...
"One out of every four people are [morons]"- Kyle, South Park
aceofspades
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April 18th, 2012 at 1:09:05 PM permalink
The rules outside the High Limit room are not S17. Therefore, the % edge increases for the house. Additionally, no dealers were let go early as the tables continued to stay open. I think it is short-sightedness and greed, rather than anything else.
Ayecarumba
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April 19th, 2012 at 10:59:28 AM permalink
Quote: aceofspades

The rules outside the High Limit room are not S17. Therefore, the % edge increases for the house. Additionally, no dealers were let go early as the tables continued to stay open. I think it is short-sightedness and greed, rather than anything else.



I have to give management more credit, since they have been doing this for a long time, and are always aware of the drop. There must be some formula that works for them and produces desired results. Perhaps enough players willing to play $200+ min usually arrive around that time to make it worthwhile. I'd be surprised if it was purely arbitrary.
Simplicity is the ultimate sophistication - Leonardo da Vinci
aceofspades
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April 19th, 2012 at 11:10:52 AM permalink
Quote: Ayecarumba

I have to give management more credit, since they have been doing this for a long time, and are always aware of the drop. There must be some formula that works for them and produces desired results. Perhaps enough players willing to play $200+ min usually arrive around that time to make it worthwhile. I'd be surprised if it was purely arbitrary.




You give casino management credit? That's a first lol
winmonkeyspit3
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April 19th, 2012 at 4:39:58 PM permalink
I like to play in the wee hours of the night when there aren't a lot of players in the casinos. At this time in my casino there is only one pit open for blackjack (Not including high limit room). There are about 12 tables in this pit, and 6 are at 5-15$ limits and are packed all night. There are usually 3 $25 2 $50 and a $100. I have played through the night many times and there is rarely action on the 50's and 100, but the casino always keeps them open even though they maybe see 2 players all night. Guess they just want to have those stakes offered incase a drunk guy wanders in who wants to lose some money.
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