only1choice
only1choice
Joined: Jul 8, 2010
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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
aceofspades
Joined: Apr 4, 2012
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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
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
Tiltpoul
Joined: May 5, 2010
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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
WongBo
Joined: Feb 3, 2012
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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
Ayecarumba
Joined: Nov 17, 2009
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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
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
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
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
aceofspades
Joined: Apr 4, 2012
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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

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