What idiot decided to do a big fight on Derby weekend?
Quote: Sabretom2Yep, that's the one. Doesn't matter. What was a comp at Harrahs is now $405. Similar stories all over town. If my plane tickets were refundable, I'd stay home.
So if you already booked it as a comp, no issue other than crowds. They are not taking rooms already comped away are they?
Quote: BozSo if you already booked it as a comp, no issue other than crowds. They are not taking rooms already comped away are they?
Excellent question, and in addition, are they raising rates for those who had booked prior to the fight announcement?
and what are you talking about, sellouts? PPV TV buys are everything. this is the best date for PPV by far.
maybe you should go back to school and get your mba so you don't make posts like this.
Quote: sodawaterwhat idiot doesn't understand that particular Saturday is always the biggest/best fight day of the year. It's got nothing to do with the KY Derby and everything to do with cinco de mayo.
and what are you talking about, sellouts? PPV TV buys are everything. this is the best date for PPV by far.
maybe you should go back to school and get your mba so you don't make posts like this.
Maybe you should. . . .
Quote: FleaStiffEven an MBA can figure out that ladies strutting about in hats in Kentucky ain't got nuttin' to do with the prices men will pay to see a dragged out knock down fight .... heck even Rocky 93 will make money for someone other than ladies millinery shops.
I've already promised a buddy of mine to pay half of his pay pet view. This is going to be Duran-Leonard, first figjt circa 1980.
I am pretty sure that if they move the Kentucky Derby to Las Vegas the town would start scheduling the fight on a different day.
What could be better, Champagne and Mint Jullips in the afternoon and Tequilla, Malt Liquor, and Gin'n Juice to round out the evening.
What's Gin'n Juice?
Did you mean to say, "No, Mas"? hehe... I don't think the fight will be "epic". Manny hasn't been the man for a few years now.Quote: Sabretom2OK, OK, I give. Tap, tap. Uncle.
Lots of ice, Gin and fruit juice or fruit syrup, stir, occasionally garnished with more fruit. A way to ruin good gin but a quick way of getting gin drunk. Not a quality cocktail, but it impresses the newly "legal" drinker.Quote: beachbumbabsDRich,What's Gin'n Juice?
Quote: FleaStiffLots of ice, Gin and fruit juice or fruit syrup, stir, occasionally garnished with more fruit. A way to ruin good gin but a quick way of getting gin drunk. Not a quality cocktail, but it impresses the newly "legal" drinker.
In my day, that was a tequila sunrise or a Tom Collins, lots of sugar masking lots of booze and making the hangover worse. Gin n Juice box? Gaahhhh.
=)
They person(s) decided it definitely not an idiot.
Making the room sold out, crowds everywhere, is exactly what they (and Vegas in general) need.
Quote: pokerfaceI thought the fight is more interesting to most people than KY derby. Maybe they do it on purpose.
They person(s) decided it definitely not an idiot.
Making the room sold out, crowds everywhere, is exactly what they (and Vegas in general) need.
While it may be good for the local economy, I feel for the OP. There is such a thing as too crowded, and the Fight Crowd is only one step above the bottom rung which is the NBA All Star Weekend Crowd.
I am putting the over under on Fight Crowd related homicides at 1.5.
Quote: AyecarumbaWhile it may be good for the local economy, I feel for the OP. There is such a thing as too crowded, and the Fight Crowd is only one step above the bottom rung which is the NBA All Star Weekend Crowd.
I am putting the over under on Fight Crowd related homicides at 1.5.
I'll take the Over for $10, Alex.
But I don't doubt that this announcement has further juiced up rates to some ridiculous levels, at least for the moment, for what is already one of the busiest weekends for hotel occupancy due to the much larger Derby crowd, given the degree of enthusiasm and lack of price awareness of the small niche audience for the fight, which I understand has bid up ticket prices to over $4,000 in the secondary market. But if it has any noticeable lasting impact at all on business compared to the Derby beyond one streetcorner at the NE side of Trop & the Blvd it would have to be coming almost entirely from people paying to see it in closed-circuit viewing parties set up in ballroooms that are little different to what they could get at home, and from the already mentioned NBA All-Star "must represent the colors at the big ballah event" crowd which automatically comes to town for a few of those things in their tricked-out Hummers and Escalades with lots of bling and testosterone, little actual money, actual tickets to nothing, and the business card of their usual bail-bond provider.
Folks in a thread like this probably won't wanna hear or choose to believe any of that. So be it. Sue me. The audience is what it is, and it isn't that big. Just that thumb-sucking dumb. Probably will be a great night to play poker afterward... though strictly for grinding a fatter than usual profit, not for the conversation & fun of the classy crowd.
Rack it.
-OUT-
If you read it as too 'in-yo's-faces' blunt, say so, I'll listen to your judgment on that, and I'll go back and take a whack at editing down the tone a bit. Seriously.Quote: teddysDD you are coming hard with the takes!
Rack it.
-OUT-
No, that is just a quote from the old "Jim Rome" sports radio show where the host signified his affirmation of the caller's response.Quote: DrawingDeadIf you read it as too 'in-yo's-faces' blunt, say so, I'll listen to your judgment on that, and I'll go back and take a whack at editing down the tone a bit. Seriously.
Obscure reference.
Quote: DrawingDeadThe audience interested in this type of event always amounts to a tiny fraction of the Derby, whether it involves someone named Tyson or Maysomething this time or whatever, both live gate and through remote viewing on video, both US and worldwide. And as sporting events go, in case it sounds like I'm shilling something that I happen to prefer, I'll mention that neither of those comes close to the volume and local tourism effect of the first few weekends of the March NCAA tournament beginning in a few weeks from now. For the live crowd, the MGM Garden Arena holds all of about 17,000. Whoopee. If that was the booking for a Las Vegas convention or trade show, it would be named "a slow Tuesday." This is starting to feel quite similar to the poker subculture's assumptions about the WSOP, which those immersed in that little world are absolutely sure just has to be something that is of really hugemongous significance, but is in reality a small event which has very little effect outside of poker rooms and one hotel's medium-smallish convention area.
But I don't doubt that this announcement has further juiced up rates to some ridiculous levels, at least for the moment, for what is already one of the busiest weekends for hotel occupancy due to the much larger Derby crowd, given the degree of enthusiasm and lack of price awareness of the small niche audience for the fight, which I understand has bid up ticket prices to over $4,000 in the secondary market. But if it has any noticeable lasting impact at all on business compared to the Derby beyond one streetcorner at the NE side of Trop & the Blvd it would have to be coming almost entirely from people paying to see it in closed-circuit viewing parties set up in ballroooms that are little different to what they could get at home, and from the already mentioned NBA All-Star "must represent the colors at the big ballah event" crowd which automatically comes to town for a few of those things in their tricked-out Hummers and Escalades with lots of bling and testosterone, little actual money, actual tickets to nothing, and the business card of their usual bail-bond provider.
Folks in a thread like this probably won't wanna hear or choose to believe any of that. So be it. Sue me. The audience is what it is, and it isn't that big. Just that thumb-sucking dumb. Probably will be a great night to play poker afterward... though strictly for grinding a fatter than usual profit, not for the conversation & fun of the classy crowd.
This is a great post. I enjoyed it very much.
Quote:The cheapest seat listed for the fight is $4,116 with a median price of $9,218. Floor seats start at $22,441.
http://www.forbes.com/sites/kurtbadenhausen/2015/02/24/mayweather-vs-pacquiao-ticket-pricing-goes-berserk/
Quote: beachbumbabsDRich,
What's Gin'n Juice?
W.C.Fields drank Gin and Grapefruit juice. He would carry a bottle of grapfruit juice spiked with gin around the sets. To keep him from getting too drunk they would add grapefruit juice to the bottle when his back was turned. One day he took a sip and spouted "What idiot put grapefruit juice in my grapfruit juice?"
I'm gonna go out on a limb and predict a peculiar disproportionate boomlet of late money hitting the pool that day from Las Vegas in particular coming in on a Derby contender that happens to be named "Itsaknockout" (really that's the colt's name - and he is a contender currently at 2nd on the qualifying points list) from folks who couldn't tell a bar shoe from a shadow roll.Quote: mickeycrimmI expect that Las Vegas is very happy to have the fight on Derby weekend. Lots more bettors to make Derby bets. Their handle will probably shoot sky high this year.
Time for me to say I was wrong about that. If anything, it has gotten worse. Anyone care to stay at a Super-8 next to Nellis Air Force Base for about $200, or a HoJo's for $250, or a crumbling 1950's vintage tweaker & ho motel for $175, or perhaps buy a night at the Linq/Quad/IP for over $500? I think I'd recommend pitching a tent in the desert that weekend. Or maybe staying in Phoenix or LA and catching a flight each day would actually save a few bucks and be less annoying than spending some $500 nights in the old IP.Quote: DrawingDeadI have a suspicion that the initial room rate effect of the fight announcement may settle down after a bit, though. Hope I'm right in that guess, because I always like to book a hotel room for myself Derby week to save a commute, even though I'm semi-local.
Oddly, some better places still have better (or somewhat less bad) rates than some of the scruffy bottom end casino-hotels, such as Mirage at about $100 less per night than IPQuadLinq or Flamingo. Guess the fight crowd likes pink, or is allergic to ferns & polished brass and clean restrooms and doors & escalators that work. I'd guess it has to be the part of the crowd for that weekend that doesn't actually have any tickets to anything, and won't. I read something recently (don't remember where) reporting that MGM was not permitting the fight to be shown at other companys' casino properties at all, so what exactly are the people bidding up rates at the Pink Chicken there for?
I don't get it. But I'm getting more use to that every year. Y'all will too, just wait.
Yeah, I don't imagine Mayweather & his people even notice or would have any reason to care about room rates for the general public, since I can't see those hotel rates having much effect on either the live gate for the very exclusive & spendy tickets in that fairly small arena, or on his cha-ching from the big enchilada of the worldwide pay-per-view revenue.Quote: FinsRuleI don't know if this has been mentioned, but the reason the fight is that weekend is not the Derby. It's cinco de mayo. Mayweather reserves that weekend every year so the Mexicans will buy his fights (when he usually beats up a Mexican).
But I'd still rather he just beat up some obscure Mexican dude on that day for a little warm-up. Then do this thing during the NBA finals or something. I can wish that if I want to. Along with a good five-cent cigar, and 5% takeout.
Quote: DrawingDeadI read something recently (don't remember where) reporting that MGM was not permitting the fight to be shown at other companys' casino properties at all, so what exactly are the people bidding up rates at the Pink Chicken there for?
1. I'm not sure that's up to MGM......
2. Please try and remember where you read it and verify. It doesn't make any sense at all.
3. In some cities, movie theaters arrange PPV's. If movie theaters can do it, one would assume casino showrooms can.
Quote: DrawingDeadI'm gonna go out on a limb and predict a peculiar disproportionate boomlet of late money hitting the pool that day from Las Vegas in particular coming in on a Derby contender that happens to be named "Itsaknockout" (really that's the colt's name - and he is a contender currently at 2nd on the qualifying points list) from folks who couldn't tell a bar shoe from a shadow roll.
Memory advises me that for events like the Kentucky Derby, most real sportsbooks take the wagers vs. laying them off to the tracks pool. Is this no longer the practice?
It absolutely is the practice. [EDIT: I misread what I responded to with that statement.] Nearly 100% of the race related wagers in Las Vegas books will be instantly transmitted into the on-track pool, as they are all day and throughout the year on all the races at that and other tracks, with some relatively small (in terms of dollar volume) exceptions. The book from which the wager originated gets a cut of the track's takeout per a contact with the track (and it is the largest share) but all the normal wagers will be part of the track pari-mutual wagering handle, and are paid from it, in this case by Churchill Downs.Quote: NokTangMemory advises me that for events like the Kentucky Derby, most real sportsbooks take the wagers vs. laying them off to the tracks pool. Is this no longer the practice?
The only exceptions are a few house banked gimmicks some casinos may occasionally offer that take relatively little action, some more substantial fixed-odds "future book" wagers available only at some major books (which will be long gone for wagering by then) that are house banked by the individual casino books just like advance sports bets such as "who will win the 2015 World Series?" or season under/over sports win totals, and finally on rare occasions some temporary emergency arrangements when there is a contract dispute between a track or tracks and the consortium that represents all the Nevada books. But if one simply says "all horse race wagers at all the books always go right into the track pool" then one will be about 95% correct, and 99.95% on that day. Hope I managed to write that in a way that's clearly understandable.
Quote: DrawingDeadIt absolutely is the practice. 100% of the wagers in all Las Vegas books will be instantly transmitted into the on-track pool, as they are all day and throughout the year on all the races at that and other tracks, with some relatively small (in terms of dollar volume) exceptions. The book from which the wager originated gets a cut of the track's takeout per a contact with the track (and it is the largest share) but all the normal wagers will be part of the track pari-mutual wagering handle, and are paid from it, in this case by Churchill Downs.
The memory which remains.......and is specific.....to our discussion...
I recall the Kentucky Derby being call it "Race 7" at Calder, a track in Miami Florida.
Off track, i.e. in other parts of Florida(at the time), I think it was at Derby Lane in St. Petersburg(a dog racing para mutual track) gave you the option of being in the Carlder race 7 pool or the Churchill Downs pool.
I was also under the apparently wrong assumption that the Breeders Cup was booked locally in Las Vegas during one of my visits to Las Vegas during same.
Thank you for your kind reply, however, I'm sure about the Calder example.
I understand why one would think so. I would have thought the same. But MGM is a party to the contracts about the event taking place at their venue and apparently this restriction on broadcast rights is something they negotiated into the deal. This isn't where I first heard it (I think it may have been ESPN, and also a local Las Vegas news outlet) but for one source, here you go...Quote: NokTang1. I'm not sure that's up to MGM......
2. Please try and remember where you read it and verify. It doesn't make any sense at all.
3. In some cities, movie theaters arrange PPV's. If movie theaters can do it, one would assume casino showrooms can.
Los Angeles Times (By Houston Mitchell, on 3/26/15):
Mayweather-Pacquiao: MGM imposes blackout on rival Vegas properties
Quote: LA TimesPlanning on going to Las Vegas to watch the Manny Pacuqiao-Floyd Mayweather Jr. fight on May 2 and don't have a ticket? Better make sure you stay at an MGM-owned hotel... ...(cont'd)...
Quote: DrawingDeadI understand why one would think so. I would have thought the same. But MGM is a party to the contracts about the event taking place at their venue and apparently this restriction on broadcast rights is something they negotiated into the deal. This isn't where I first heard it (I think it may have been ESPN, and also a local Las Vegas news outlet) but for one source, here you go...
Yes. I just did my own search while you were posting...You were correct. Your memory is intact unlike mine, which is scattered between reality and dreams I think are real events, both prior and future.
http://sports.yahoo.com/blogs/boxing/in-las-vegas--mayweather-pacquiao-fight-is-exclusive-to-mgm-resorts-properties-175950785.html
Kind regards. Nok the Kook
I was considering a trip to Manila to watch the fight with local Filipino's but to my surprise, they don't always find/get the PPV's for free there. The Philippines remains a unique country to visit, live in, and most of all, an impossible place to clear one's mind of strange thoughts and irrational creatures.
Quote: beachbumbabsDRich,
What's Gin'n Juice?
check out mango#5
My reply was meant to be specific to Nevada books, and I should have said so. Race wagering in other States is subject to a different law and other kinds of contracts. I might wonder how any OTB or simulcasting outlet not in Nevada, the one state where booking all kinds of sports wagers is completely permitted under US law, could get around the federal act that separately governs interstate horse race wagering everywhere else in the US, but I wouldn't know what particular arrangements they may have made, or why. Maybe it was relevant that Calder was a Churchill Downs owned and operated track until very recently.Quote: NokTangThe memory which remains.......and is specific.....to our discussion...
I recall the Kentucky Derby being call it "Race 7" at Calder, a track in Miami Florida.
Off track, i.e. in other parts of Florida(at the time), I think it was at Derby Lane in St. Petersburg(a dog racing para mutual track) gave you the option of being in the Carlder race 7 pool or the Churchill Downs pool.
I was also under the apparently wrong assumption that the Breeders Cup was booked locally in Las Vegas during one of my visits to Las Vegas during same.
Thank you for your kind reply, however, I'm sure about the Calder example.
I see several posts above that I first misunderstood what you said as the opposite of what it was. "The practice" I referred to that is in effect in recent times is to transmit the wagers to the tracks. There definitely was a time when that was not so. It has been quite a while since that changed.
Regarding the footnote: I've lived in the Philippines, probably will again eventually, and yeah, some things about it could be described as a bit goofy or a little nuts. But, I sometimes say the same about where I'm seated right now, just about different things than there, and which flavor of goofy I might prefer depends on what day you ask. Within the RP, the chaos of metro-Manila is the last place I'd ever think of seeking serenity and calmly clear thoughts. Folks there sure can be enthusiastic about their high regard for Pacquiao as a great national hero, almost like a quasi-messiah figure, far beyond a sports/athletic star. I imagine the crowd watching it in a public place in Manila would surely be intense. And maybe intensely unhappy if it doesn't go his way.
