playing the house

Some california's casinos allow the bank to be rotated around the table, if you have a large bank roll, wouldn't this be a better way to play? Any thoughts? I was thinking of doing three card poker because no one really bank those, so I could bank more often if I choose.

Such player banking is not encouraged and usually is a mere technicality. Most of those games are banked by one firm that hires unemployed actors to bank the games. I think the rules forbid a player to bank twice in a row. The casino often gets chair rent the money is made by the bank-operator who is supposed to be a separate entity.

By the way, I've heard that when players do bank, the other players often do some card switching because the casino doesn't want any player actually banking unless its the representative of the bank-operator with whom they have an agreement. There is no way you can both bank and watch all those thieves at the same time.

They allow you to bank twice in a row as it goes around the table. But you are right about watching everything, I don't think they care as much if a player is banking, so they are not watching as tightly. One thing they don't allow is for you to just play the bank, so you do have to continually play every hand, even when you are not banking.

You also have to pay the casino 3$ to play bank, but the Corp does that too. (you pay 1$ for any hand you play as a player)

They also setup the odds where it's not player bank friendly (200:1 for mini royal)

But am I correct to say that the odds will be on your side? barring the fact that u have to walk around with 20k to cover the bets.

In my opinion, banking the California games is a profitable endeavor, even considering the fee. While you have the right to bank in turn, the casinos don't like anybody running a "business" at their property, except the banking organizations they have special deals with. The banking organizations may not like it. Then again, a friend of mine banked at one of the clubs in San Jose quite a lot without problems.

I am starting to bank in San Jose, and was met with a bit of resistance at first. Now they start to know me and it's not as bad. I do have to carry around a large bank roll which makes me feel uncomfortable at times. I have only done it a few times however.

I do have additional questions though, I think I know what the answer is but, I ask anyway.

When bank you would want to bank consistently every chance you get, there is no point in timing it right? Like if I bank only when dealer don't qualifies 3x in a row, in the end it doesn't matter correct? over long time, the odds will approach the true mathematical odds anyway.

am i right?

Quote: sixstitches

I am starting to bank in San Jose, and was met with a bit of resistance at first. Now they start to know me and it's not as bad. I do have to carry around a large bank roll which makes me feel uncomfortable at times. I have only done it a few times however.

Glad to hear it. I've heard they are not as nice about banking in the LA area casinos. I probably don't need to say this, but I would valet your car, and if they don't offer that, ask for a security escort.

Quote: sixstitches

am i right?

Yes. Bank as much as you possibly can. Forget what happened in the past.

I actually got a safety deposit box at the casino, and I just leave the chips there on location. I just hope that people see that and not rob me in vain.

Quote: sixstitches

I actually got a safety deposit box at the casino, and I just leave the chips there on location. I just hope that people see that and not rob me in vain.

Good idea. I've asked to do that at Vegas casinos but they don't let locals use their boxes for some reason.

I don't recommend trusting the casino deposit boxes. I know of a couple cases where the boxes and the chips/cash inside were seized. A bank saftey deposit box is safer. I would not put too much trust into these casinos.

For example: You could have a large win at BJ..etc, and the casino could seize the chips in your box while the casino asks gaming to investigate, especially if they just feel like harrassing you while they abuse the casino patron dispute process. The next thing you know your chips/cash are frozen for what can be a very extended period of time.

The average blackjack table out of 230 tables in downtown Vegas makes $525 per day ($550 per day if you exclude the 20 tables in the three smallest casinos).

How would this work? Would your purchase the rights for one blackjack table for a 24 hour day? Or would you be expected to buy a block of tables (possibly the entire pit). Would it be a fixed fee or must you go for profit sharing? Do you provide your own surveillance, or do you rely on the casinos?

I assume that the casino's motivation is simple cash flow. They are offsetting some risk in exchange for guaranteed income.

Is the potential individual banker entitled to see the dailies for the casino?

It is my understanding that most sports book is rented out to a third party, who want to have it in the casino as an attraction, but it is not interested in running the operation. Could there come a point when the pit is simply rented space to a larger organization who runs several pits (almost like a slot run)? The casino might sell comps to the pit organization. Small casinos make their money on slots, and the pit is almost window dressing to make the casino more interesting than a simple slot club.

Using the downtown as an example the combined pits do $10m per month in business. Assuming that the three largest organizations do 80%-90% of the business (Golden Nugget, Stratosphere, and 3 Boyd casinos). The remaining business might be a $1m to $2m a month business. Could there come a day when these other 9 casinos just rent floor space?

Lastly, does the player who is playing house have to be licensed by the Gaming Control Board?

In California, to basically have gambling outside if Indian reservation, there are these card houses, which offers banked games.

"Penal Code Sec. 330.11.

"Banking game" or "banked game" does not include a controlled game if the published rules of the game feature a player-dealer position and provide that this position must be continuously and systematically rotated amongst each of the participants during the play of the game, ensure that the player-dealer is able to win or lose only a fixed and limited wager during the play of the game, and preclude the house, another entity, a player, or an observer from maintaining or operating as a bank during the course of the game... The house shall not occupy the player-dealer position."

You pay the casino a fix amount per hand dealt, usually 2-3 dollars/hand depending on the game. You can banked just one hand if you wanted to, but you are required to play the previous hand as a player. If you tried to bank only, you are called a bank chaser, which is frowned upon.

You will need to watch the pay out for mistakes and such, but the casino's dealer will help you, and if there are problems the floor people will help out as well as the shift manager. They can even check the camera such events as big payout or any discrepancy. It also depends on your attitude, they are more than willing to help if you are not a prick. You don't have to be licensed.

Quote: sixstitches

In California, to basically have gambling outside if Indian reservation, there are these card houses, which offers banked games.

"Penal Code Sec. 330.11.

"Banking game" or "banked game" does not include a controlled game if the published rules of the game feature a player-dealer position and provide that this position must be continuously and systematically rotated amongst each of the participants during the play of the game, ensure that the player-dealer is able to win or lose only a fixed and limited wager during the play of the game, and preclude the house, another entity, a player, or an observer from maintaining or operating as a bank during the course of the game... The house shall not occupy the player-dealer position."

You pay the casino a fix amount per hand dealt, usually 2-3 dollars/hand depending on the game. You can banked just one hand if you wanted to, but you are required to play the previous hand as a player. If you tried to bank only, you are called a bank chaser, which is frowned upon.

You will need to watch the pay out for mistakes and such, but the casino's dealer will help you, and if there are problems the floor people will help out as well as the shift manager. They can even check the camera such events as big payout or any discrepancy. It also depends on your attitude, they are more than willing to help if you are not a prick. You don't have to be licensed.

Never heard the term "bank chaser." Never been denied an opportunity to bank and never made a single player bet. Casino where I banked was very welcoming to my asking questions and interests in banking the game.