Table Limits Mostly Lower on Las Vegas Strip
June 10, 2021 - John Mehaffey
https://vegasadvantage.com/table-limits-mostly-lower-on-las-vegas-strip/
Quote: ChumpChangeTable Limits Mostly Lower on Las Vegas Strip | Vegas Advantage
June 10, 2021 - John Mehaffey
https://vegasadvantage.com/table-limits-mostly-lower-on-las-vegas-strip/
What in the hell!? Is 000 Roulette the norm already? I mean, I knew it was inevitable, but that seems really fast.
Fast? Frankly, I'm surprised it isn't spreading even faster.Quote: Mission146What in the hell!? Is 000 Roulette the norm already? I mean, I knew it was inevitable, but that seems really fast.
After all, normally when a new game appears, there are all kinds of new expenses including paying royalties, dealer training and loss due to dealer errors while they get used to the new game. And that's on top of the uncertainty if the math is correct or if players will understand the game. Even variants of existing games have most of these obstacles.
None of these apply to triple zero - with the possible exception of players understanding how terrible it is.
The only expense here is a new wheel and felt. OK, wheels ARE expensive, but that huge edge pays it off fast.
On a side note, even TCS John Huxley, the premier manufacturer of roulette wheels (and other equipment), calls it Triple Zero, and uses a logo rather than 000. This image taken from https://www.tcsjohnhuxley.com/product-category/roulette-wheels
Quote: ChumpChangeThe casinos are trying to kill the games and the customers.
Online casinos are quickly becoming the only places where one can get a decent game.
Quote: DJTeddyBearFast? Frankly, I'm surprised it isn't spreading even faster.
After all, normally when a new game appears, there are all kinds of new expenses including paying royalties, dealer training and loss due to dealer errors while they get used to the new game. And that's on top of the uncertainty if the math is correct or if players will understand the game. Even variants of existing games have most of these obstacles.
None of these apply to triple zero - with the possible exception of players understanding how terrible it is.
The only expense here is a new wheel and felt. OK, wheels ARE expensive, but that huge edge pays it off fast.
On a side note, even TCS John Huxley, the premier manufacturer of roulette wheels (and other equipment), calls it Triple Zero, and uses a logo rather than 000. This image taken from the http://www.tcsjohnhuxley.com home page:
(Quote edited to not duplicate picture; no other changes)
In my opinion, it seems to have spread faster than 6:5 Blackjack did and it seems that 000 is the, "Low Limit," standard on the Las Vegas Strip from that survey. That is, of course, if you consider $10 and $15 to be, "Low limit," which I certainly don't---particularly not for Roulette.
I don't even know what to say on players not understanding the math. I would hope that one wouldn't need an understanding of the math to realize that 50% more ways to lose (most bets) can't possibly be good.
I wonder what's next? Even money Blackjack, perhaps? Ultimate Texas Hold 'Em where the Ante doesn't get paid out? Three-Card Poker where the player needs King high (or better) to even qualify? Jacks or Better for Mississippi Stud and Let it Ride?
Maybe I should drop the sarcasm before a casino executive reading this thinks: You know what? That's brilliant!
Quote: TinManGlad to see $10 craps back on the strip at some places. On my most recent trip I didn’t see it anywhere, including early morning.
From the OP's source:
Quote:Treasure Island is still the great value that it always was. All table games were $15. This included craps, 00 roulette, Face Up Pai Gow Poker, 3:2 six-deck blackjack with surrender and re-split aces, and 3:2 double deck with double down after splitting. The 3:2 stadium blackjack is still $1 during the week and $3 on weekends.
Reading that gave me pause and I thought, "Okay, the games aren't terrible, but he's surely not calling $15 a great value." I just gave Treasure Island a call a few minutes ago and got transferred to the pit: Sure enough, Craps will open at 11:00a.m. with a $15 minimum. They are indeed calling $15 minimums a, "Great value."
How far Vegas has fallen. Do they even care about gambling anymore?
"Come to Las Vegas and enjoy higher table minimums, fewer comps and worse rules than your local and regional casinos!"
If you don't drink, which I don't anymore, I can't think of any possible reason to even want to visit Vegas.
I was about to tell you to shut the F up, but you figured it out. 😜Quote: Mission146Maybe I should drop the sarcasm before a casino executive reading this thinks: You know what? That's brilliant!
But the reality is, as much as we tend to deride casino management, they’re not idiots. They’ll think of that crap on their own soon enough. Or maybe they’ll come to the conclusion that while those those palaces in the desert weren’t built on winners, you need some winners to attract the losers.
Triple zero is just an example of the old saying: Let’s throw some shit on the walls and see if it sticks. 😵💫
Quote: DJTeddyBearOn a side note, even TCS John Huxley, the premier manufacturer of roulette wheels (and other equipment), calls it Triple Zero, and uses a logo rather than 000.
Does anybody use a wheel with "000"? I thought every installation of the triple-zero wheel used a logo along with 0 and 00.
For it is written in the Gamblers' Bible, in the Book of Revelation:
"Let the person who has insight calculate the number of the Devil's Game, for it is the number of a wheel. That number has six zeroes."
Quote: DJTeddyBearI was about to tell you to shut the F up, but you figured it out. 😜Quote: Mission146Maybe I should drop the sarcasm before a casino executive reading this thinks: You know what? That's brilliant!
But the reality is, as much as we tend to deride casino management, they’re not idiots. They’ll think of that crap on their own soon enough. Or maybe they’ll come to the conclusion that while those those palaces in the desert weren’t built on winners, you need some winners to attract the losers.
Triple zero is just an example of the old saying: Let’s throw some shit on the walls and see if it sticks. 😵💫
I don't know, looking at this:
https://gaming.unlv.edu/reports/strip_game_mix.pdf
It would seem that Vegas Strip Table Game revenues (on the whole) peaked from Great Recession recovery numbers in 2014 and have been on a steady decline since then. I don't know how much crossover to other games is a part of that and, obviously, casinos almost everywhere else in the country probably isn't good. With only a few exceptions, if you're not in a state with casinos, then you're at least bordering one.
Still, 2019 was the worst year for Table Games revenue for the Vegas Strip unless you go back to 2010. If we go prior to the Great recession, you'd have to go back to 2005.
Three zeroes on the Roulette Table. I get that Roulette plays slower, but a player could blindly select a $0.05 or $1 denomination slot machine and perhaps square up against an equal or lower house edge.
Quote: Mission146From the OP's source:
Reading that gave me pause and I thought, "Okay, the games aren't terrible, but he's surely not calling $15 a great value." I just gave Treasure Island a call a few minutes ago and got transferred to the pit: Sure enough, Craps will open at 11:00a.m. with a $15 minimum. They are indeed calling $15 minimums a, "Great value."
I had a similar thought the first time I read his update but because I follow him on Twitter I cut him some slack and decided the comment was mainly based on their 3:2 Blackjack, especially double deck. They also didn't have their other poker based carnival games open when he visited and those are surely not a value as they were always at least $10 precovid while CET properties and some MGM were $5. Bottom line though, he missed the mark overall with that comment.
