onenickelmiracle
onenickelmiracle
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March 4th, 2013 at 6:13:40 PM permalink
Three places in the entire United States with known loosest slots, but why there and not somewhere else? Are these places independent from the "collusion competition" elsewhere? Is something below the surface the reason for these oases? Are they just the whores of casinos?
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DeMango
DeMango
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March 4th, 2013 at 6:19:08 PM permalink
"Loss leaders" are the ways that drive incoming traffic. Tunica also has the best craps games (odds). Your alternative there is watching cotton grow.
When a rock is thrown into a pack of dogs, the one that yells the loudest is the one who got hit.
FleaStiff
FleaStiff
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March 4th, 2013 at 6:38:41 PM permalink
Casino big wigs make different judgments as to what will bring in the local traffic. For many locals casinos in Vegas that by definition lack the glitz and glamor, its things like bingo and loose slots and good parking with simple food. Casinos do compete to some extent and they do experiment to some extent but in general casino owners look around at the demographics just don't think of much beyond loose slots and other Plain Vanilla operations.
TIMSPEED
TIMSPEED
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March 4th, 2013 at 7:08:00 PM permalink
Quote: DeMango

"Loss leaders" are the ways that drive incoming traffic. Tunica also has the best craps games (odds). Your alternative there is watching cotton grow.


Exactly...Indian Casino's don't need to compete at ALL, because they know they have no competition (other than OTHER Indian Casinos which are MILES away)
In Reno, there's MANY choices to gamble, so the casinos must compete for locals, and even HARDER for non-locals.
I've even spoke to many higher-ups at JANugget (Sparks) and asked them why have full-pay (between 99%-99.9%) vP, and STILL comp good, and they simply said "Because if we didn't, no one would come."
Gambling calls to me...like this ~> http://www.youtube.com/watch?v=4Nap37mNSmQ
Mikey75
Mikey75
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March 4th, 2013 at 7:28:20 PM permalink
What are the odds of the craps game in Tunica? Never played craps before but I'm trying to understand it. Wizards site here helps a lot. Do all of the casinos in Tunica have the best odds or just a certain one? I haven't been able to find much information about tunica odds.
tringlomane
tringlomane
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March 4th, 2013 at 7:50:43 PM permalink
Competition AND low taxes are the biggest reasons I think.

Nevada and Mississippi gaming taxes are a major joke vs. most of the nation.

Quote: Mikey75

What are the odds of the craps game in Tunica? Never played craps before but I'm trying to understand it. Wizards site here helps a lot. Do all of the casinos in Tunica have the best odds or just a certain one? I haven't been able to find much information about tunica odds.



Horseshoe Tunica still has 100X, I think? High craps odds are what Horseshoe properties are known for. But the table minimums will still likely be $5 or $10, so placing $1000 down for an odds bet requires some balls and really deep pockets. Most other Tunica casinos craps odds will be average to below average. And as DeMango said, your major form of entertainment in Tunica outside of gambling is watching cotton grow. We often go to Memphis/Southaven for one afternoon most trips. Next trip, it might be a Memphis Grizzlies game since stubhub fees ($5 + $5 delivery for a pair) will be more expensive than the actual tickets.
DeMango
DeMango
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March 5th, 2013 at 1:01:22 AM permalink
About Tunica craps: All casinos have vig on win only including buying the 5/9. So the 5/9 pays $44 for a $30 5/9. In Vegas they short change you paying $42, because for some unknown reason they don't let you buy! Tunica has many crapless games, most but not all, these days, with buys at $10. Also some let you buy the 12 for example, for $35, which pays $209 (6X) after a $1 vig. Would love to see some biased dice here!
When a rock is thrown into a pack of dogs, the one that yells the loudest is the one who got hit.
AlanMendelson
AlanMendelson
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March 5th, 2013 at 7:07:31 AM permalink
Quote: TIMSPEED

Exactly...Indian Casino's don't need to compete at ALL, because they know they have no competition (other than OTHER Indian Casinos which are MILES away)



Here in Southern Cal the Indian casinos can be very close to each other. There four within a 15 minute drive of Pechanga which is bigger than anything in Vegas and they are pretty much competitive in terms of cash back, comps and big contests such as car giveaways, etc. But gaming conditions such as with video poker will vary.

Ironically the casino that is the biggest, and the easiest to get to, also has the best video poker and that's Pechanga. Rincon used to have the best video poker but they got greedy and eliminated many of the full pay games.

The Indian casinos here give larger awards to small players than what you'd find in Vegas. Buffets with low levels of play are pretty standard.

The Indian casinos are clustered into two groups here in SoCal... around San Diego and around Palm Springs... and they have to compete with Vegas which is only four to five hours away.
onenickelmiracle
onenickelmiracle
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March 5th, 2013 at 7:55:33 AM permalink
Pechanga and Barona are on my radar for good pays and I'm in Ohio and have never even been west of the Mississipi besides NOLA. Luckily for those who live close, they have a business which decides the easiest way to make money is to keep people reasonably satisfied. Luckily their people don't walk around the casinos looking for the places people are smiling saying that is where the opportunity for da money, da money, da money is(Sid Caeser ref.).
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onenickelmiracle
onenickelmiracle
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March 5th, 2013 at 8:09:50 AM permalink
What I was trying to figure out is why some casinos choose this high payout method and the majority don't. To me, I am under the impression many of these casinos are not corporately, but privately owned and without the operations in various states. It seems to easy for the public to say why do we pay so much to gamble in Ohio when you charge less in those other states. Much like international companies charge more in the US and much less in third worlds and the companies don't want the customers reminded constantly of it.

Someone mentioned lower tax rates as a factor and I do believe it plays a role. MS kind of stumps me unless it had to be sold for tourism or is it just for temporary casino player confidence getting over Katrina.

Locals LVNV I do not understand. They say the citizens are too smart to play on the strip, but I haven't seen recognition of intelligence to be a factor anywhere else with any of these new casinos which have arrived on the scene. Someone found it to be underserved nonetheless I guess and an opportunity to act first. I have a feeling if the goliaths weren't so in debt, they would love to buy them all at any cost just to get rid of this black eye letting others see what gambling could be for their local. I do like the idea of nice casinos, but I am not convinced there can't be some leeway between the Wal Mart of Slots and a fancy casino with dramatically tighter slots.
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