100xOdds
100xOdds
Joined: Feb 5, 2012
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April 7th, 2018 at 12:13:14 PM permalink
6:5 bj, triple zero roulette, no more 99% vp.

it seems like all the major casinos are racing to the bottom to maximize short term profit.
instead of bleeding the ploppies slowly, it seems they want every last drop of blood NOW.

and it's not just ploppies.
Caesar did major downgrades to the comps/benefits for mid level players (Diamonds) and high rollers (7Stars).
and from what i've read, it has pissed them off. I know im cutting back to only getting the minimum 25k tc for free access to the diamond lounges.
cant wait to see CET's year over year revenue figures in 9months or so.

so What changed?
Why did they switch from sheering the sheep strategy to slaughtering them?
Last edited by: 100xOdds on Apr 7, 2018
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
TigerWu
TigerWu
Joined: May 23, 2016
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AxelWolf
April 7th, 2018 at 12:30:09 PM permalink
I don't know, but I bet the pendulum swings the other way in 5-10 years or so, and we'll start seeing all the "good" games come back.
sabre
sabre
Joined: Aug 16, 2010
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Thanks for this post from:
ontariodealerBTLWI
April 7th, 2018 at 12:49:46 PM permalink
Because your random degen gambler doesn't have to go to Vegas to gamble anymore. They have a casino nearby. The people going to Vegas and playing low limit slots/tables don't know the difference between 99.73% NSUD and a 12/8 DW abortion. Nor do they distinguish between BJ 6:5 and 3:2.
100xOdds
100xOdds
Joined: Feb 5, 2012
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April 7th, 2018 at 1:13:34 PM permalink
Quote: sabre

Because your random degen gambler doesn't have to go to Vegas to gamble anymore. They have a casino nearby.
The people going to Vegas and playing low limit slots/tables don't know the difference between 99.73% NSUD and a 12/8 DW abortion. Nor do they distinguish between BJ 6:5 and 3:2.


you think casinos can survive on degen ploppies alone since even recreational gamblers will realize they are been slaughtered instead of sheered?

Note: The smart gamblers who only play 99%+ vp machines/table games have already fled these cesspools.
And before you say good riddance since casinos don't want them anyway.
1% profit is still better than no profit at an empty seat.
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
TomG
TomG
Joined: Sep 26, 2010
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April 7th, 2018 at 1:22:17 PM permalink
The difference between 3-2 and 6-5 blackjack is less than one bet per hour. In Las Vegas that means the cost to sit at the bad blackjack tables has gone up less than the cost to park your car
Ibeatyouraces
Ibeatyouraces
Joined: Jan 12, 2010
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April 7th, 2018 at 1:55:33 PM permalink
It used to be that casinos did things to keep players playing. Now they do things to empty players wallets/ATM cards and get them out the door faster. Players aren't losing more money, they're just losing it faster.
DUHHIIIIIIIII HEARD THAT!
billryan
billryan
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April 7th, 2018 at 1:59:52 PM permalink
I wonder if there was ever a period in Vegas, where current gamblers didn't moan about how the conditions were so much better a few years ago. I can just see the BJ players of 1968 cursing the changes since Thorpes book came out and predicting the demise of blackjack.
FleaStiff
FleaStiff
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April 7th, 2018 at 2:17:19 PM permalink
Ploppies are profitable and plentiful. So what is so wrong with switching from two pints to totally exsanguinating them? There are always going to be a fresh crop of ploppies seeking glitter, glamor and a bit of gambling. The whole country is going to 'the bottom line' 'earnings per share' rather than long term growth. So why should a Gambling Company be all that much different.

I do however agree that "the good old days" probably never were.
Last edited by: FleaStiff on Apr 7, 2018
KevinAA
KevinAA
Joined: Jul 6, 2017
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April 7th, 2018 at 3:21:55 PM permalink
Quote: FleaStiff

Ploppies are profitable and plentiful. So what is so wrong with switching from two pints to totally exsanguinating them? There are always going to be a fresh crop of ploppies seeking glitter, glamor and a bit of gambling. The whole country is going to 'the bottom line' 'earnings per share' rather than long term growth. So why should a Gambling Company be all that much different.

I do however agree that "the good old days" probably never were.



Good point but it's temporary (I hope!). Short-term thinking like this will lead to failure, and new management changes the games and comps to convince their pissed-off players to come back.

The same thing happens in the airline industry. When times are tough, or less frequently, a new airline appears, generous mileage promotions appear (e.g. double miles on certain routes, a free ticket for buying 4 tickets, etc.) When times are good (like they are now), the frequent flyer programs are simply rebate programs similar to VP (i.e. sucky). When times are bad the frequent flyer programs become more like slot play comps... rich!

About ten years ago when there were more airlines and the economy was bad, I got a free ticket on AA by flying just two round trips between JFK and LGB (Long Beach, CA). Less than $400 for JFK-LGB two roundtrips and a free trip to Chile -- excellent deal. I also racked up tens of thousands of miles on Delta just by changing planes more often than necessary (more miles that way). Now I type in my frequent flyer number and hope they stay in business long enough for me to redeem one economy class roundtrip in the lower 48.
FCBLComish
FCBLComish
Joined: Apr 11, 2010
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April 7th, 2018 at 5:02:17 PM permalink
You can shear a sheep once a week. You can only skin him once.
Beware, I work for the dark side.... We have cookies

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