Wondering what the average buy in is at a low limit table. Not your buy in, but what you observe.
If you are a dealer , even better. Colorado was $5 max bet for 20 years.
My observation has not changed with raised limits as weekday $5 tables. $40-60 buy-in
Not much weekend observation, but $80-$100 for $10 tables.
Could you post your observations, weekday or weekends. and state table minimums and which State or City ?
THANKS. If I get anywhere with my game, drinks are on me.
If I don't get anywhere drinks are on Paigowdan and/or Pacman. Or I will be back with another game !
Quote: BuzzardJust a simple question. Well, maybe I am the one who is simple.
Wondering what the average buy in is at a low limit table. Not your buy in, but what you observe.
If you are a dealer , even better. Colorado was $5 max bet for 20 years.
My observation has not changed with raised limits as weekday $5 tables. $40-60 buy-in
Not much weekend observation, but $80-$100 for $10 tables.
Could you post your observations, weekday or weekends. and state table minimums and which State or City ?
THANKS. If I get anywhere with my game, drinks are on me.
If I don't get anywhere drinks are on Paigowdan and/or Pacman. Or I will be back with another game !
When I spectate the low limit tables at the hardrock the buyin is around $50ish.
THANKS AGAIN
Quote: BuzzardNew carnival games seem to be cannibalizing one another.
Yup.
And no worries. If you want any feedback you know id be happy to give ya some privately...
Would ask for some help from the peanut gallery, but that just makes me feel older ! ! !
I think I saw a painting of you on a cave wall. :)
Quote: rainmanWashington trible 5-500 6D, average 40ish, Educated guess from much observation.
I think I saw a painting of you on a cave wall. :)
That was my brother, the ugly one ? Do you remember the peanut gallery. No, not EvenBob, Buffalo Bob.
Seriously THANKS.
I can't say I saw a lot of sub-$100 buys. Sure, a group of ladies on a hen night or Steve Dave that just turned 21 might timidly plunk down $20-$40 on a $5 table, but anyone who walked up and sat right down without hesitation always broke out at least $100. And a good many of those would reach for more upon busting out.
For the record, I've decided to start drinking Lagavulin.
Quote: FaceProud to say we never had a 6:5 table =)
I can't say I saw a lot of sub-$100 buys. Sure, a group of ladies on a hen night or Steve Dave that just turned 21 might timidly plunk down $20-$40 on a $5 table, but anyone who walked up and sat right down without hesitation always broke out at least $100. And a good many of those would reach for more upon busting out.
For the record, I've decided to start drinking Lagavulin.
As one of Scotland’s most famous whiskies Lagavulin embodies the flavours of the island on which it sits with its rich fruit & smooth smoky flavours complimented by a good dose of Islay peat & crisp sea salt.
YEAH< RIGHT
Somebody has kissed the Blarney stone.
Quote: onenickelmiracle$100-200.
Average buy in at a $5 table ? just asking ?
Still $100 ? Surely not $200 Anybody can answer, not just Face. THANKS ANYBODY
You sit at a table and buy-in for $100 with the intent of playing 100 hands (between an hour or two for most players). If you were to flat bet $5 the entire time and use perfect basic strategy, you should mathematically lose about $2.50. At a $10 bet you should lose about $5, and at a $25 bet you should lose about $12.50. Of course, these amounts are averages, but in the long run that is about where you should end up. Now let’s looks at the chances of losing the entire $100 in 100 hands (or less). When flat betting $5 (20 units) the probability is 8.65%; for $10 (10 units) the probability is 39.59%; and for $25 (4 units) the probability of losing your entire buy-in is 73.72%. Again, this is all based on playing perfect strategy. If you do not play perfect basic strategy these numbers increase, sometimes drastically.
http://www.coloradogamingnews.com/how_to/bet-big-and-go-home-broke
Our casino is pretty small, with only 7 BJ tables, and it would be very rare to have all 7 open. Typically 1/2 open on a weekday, and 3/4 on a weekend.
On a €5 table, max bet €100, i'd say the average buy in is €50 - €100, erring on the higher side. If i had to give a 'most common' buy in, rather than average (are they the same?), i'd say €100.
I could be way off here, as i've never really calculated it, just going off my intuition.
I'm also not sure if the average buy in would be higher at weekends...we get A LOT of people in at the weekends just for the free booze after the pubs and clubs have shut that would be buying in for €50 or less.
Oh, and ive just realised you're asking about 6/5 tables. Our rules seem pretty good compared to $5 U.S tables... all our tables are 3/2 and S17.
And who or what is the peanut gallery?
Peanut gallery is hold over from Howdy Doody TV Show 1947-1960. Kids on the show were in a peanut gallery at side of stage. Howdy would ask for help from the peanut gallery sometimes. Kids playing baseball would ask for some help from the peanut gallery, when a ball was fouled off or left the field, headed for any spectator.
Rumor has it EvenBob was named after Buffalo Bob !
Thanks again for the info !
http://en.wikipedia.org/wiki/Howdy_Doody
Quote: BuzzardThanks for info. Actually asking about all low limit tables. Just here in the states, most $5 games are 6/5. Especially in Las Vegas.
Peanut gallery is hold over from Howdy Doody TV Show 1947-1960. Kids on the show were in a peanut gallery at side of stage. Howdy would ask for help from the peanut gallery sometimes. Kids playing baseball would ask for some help from the peanut gallery, when a ball was fouled off or left the field, headed for any spectator.
Rumor has it EvenBob was named after Buffalo Bob !
Thanks again for the info !
http://en.wikipedia.org/wiki/Howdy_Doody
No probs. You sent me a very nice, helpful pm out of the blue a while ago, so i'm happy to help.
I've dealt Blackjack, Roulette and Poker for about 14 years now, so feel free to pick my brains about anything regarding dealing, procedures etc. I don't claim to be an expert, but do have have experience dealing these games.
Quote: ShineyShineIf i had to give a 'most common' buy in, rather than average (are they the same?)
No, they're not the same.
I pretty usually see $100 as a buy-in, and $100 available for re-buy. If you're working on a carnival game, I wouldn't expect them to have a rebuy available - I just don't see a lot of people rebuying on carnival games.
Not a dealer, but I do observe a lot of buy-ins while I'm out scouting in the hinterlands.
First week of the month a commonly encountered buy-in is the amount of a disability check.Quote: BuzzardWondering what the average buy in is at a low limit table. Not your buy in, but what you observe.
Quote: BuzzardAverage buy in at a $5 table ? just asking ?
By far it's $100 at a $5, $10 or $15 table. I don't watch $5 tables but my wife plays them. She and her girlfriends always buy in for $100 and she says most others do as well. Another thing she mentioned was that most players have a $100 bill rather than a mix of smaller bills.
That reminds me, I think there's a hundred missing from my wallet. :-)
Quote: texasplumrWas downtown this week. Most tables are low limit and the average buy in was 100. I remember one guy buying in with two 20s and a 10. But every other buy in I remember was 100. And as mentioned above, almost always a 100 dollar bill.
That's my experience. 1 $100 bill, occasionally someone will put in $50 or a $20 on a $5, but they tend to be win quick or leave.
$10 bettors tend to be the same, $25 bettors will go for $2-300.
And Lagavulin is a fine malt, but I'd prefer a AnCnoc or Knockando, thanks! No Blarney, all are Scottish whiskies, Mr Buzz...
You sit at a table and buy-in for $100 with the intent of playing 100 hands (between an hour or two for most players). If you were to flat bet $5 the entire time and use perfect basic strategy, you should mathematically lose about $2.50. At a $10 bet you should lose about $5, and at a $25 bet you should lose about $12.50. Of course, these amounts are averages, but in the long run that is about where you should end up. Now let’s looks at the chances of losing the entire $100 in 100 hands (or less). When flat betting $5 (20 units) the probability is 8.65%; for $10 (10 units) the probability is 39.59%; and for $25 (4 units) the probability of losing your entire buy-in is 73.72%. Again, this is all based on playing perfect strategy. If you do not play perfect basic strategy these numbers increase, sometimes drastically.
The above is for a game with 00.5% HE. What the hell must the numbers look like at a 6/5 BJ table, $5, $10, $25 with that $100 buy in ? Any guesses, even a WAG would be appreciated.
" And Lagavulin is a fine malt, but I'd prefer a AnCnoc or Knockando, thanks! No Blarney, all are Scottish whiskies, Mr Buzz..."
I knew that. I also know you can always tell a Scotchman. You just can't tell him much. EH Face ?
Quote: BuzzardFACE Another question if I may. Assuming $100 average buy in $5 Bj on weekdays ? Average buy in on weekends $10 table ?
Still $100 ? Surely not $200 Anybody can answer, not just Face. THANKS ANYBODY
Our tables rarely moved, weekend or not. I think most people are going to play to their bankroll. If they come with $100 and find it $10 instead of $5, they'll either play it or not. I doubt many will suddenly decide to buy in for more based on that.
I know sucess in bars and poolrooms was always how early in the week you can pay the NUT and profit on the weekends.
Same things for illegal poker rooms, tournament at noon and 5 mon- thursday, none or 1 on weekends.
Sorta like 5x points in casino or senior bonus in casino's Mon-Thrs.
I await input from that distinguished bar man BOB !