Quote:
Originally Posted by callipygian
1. Internet poker is already legal in the US. PM BigBadBabar for the options.
2. $7/hr in promotions is unreasonable. A player generates $10-$20/hr in rake for the room, so expecting them to give back half for a promotion is unreasonable.
You can estimate the value a few different ways.
A. Many places follow a 25% rule for comps - they'll give back 25% of their take in comps. So if they expect to get $10/hr off of you, they'll offer $2-3/hr in comps.
B. You can note how many times the promotion pays out in a long time period, and then divide that by the number of players.
Thanks for the info. I'll occasionally check back with the thread about the legal options for the US. I'll have to go back and check again. The options for low limit hold' em for the US player in my State on the skins I've downloaded is nil. I could play some no limit games but limit games are rarely spread.
The casino has had this promotions for a couple of years which doesn't make much sense. They pay out 500 in aces cracked and generally spread 2 games in the morning. Usually, the 500 is gone by 12pm somtimes sooner and sometimes it can last until the late afternoon. But by my calculations, the casino is getting around $960 in rake for the time period but giving back $500 in promotion. 120 (rake/hr/table) * 2 (# of tables) * 4 (estimated hours of promotion) = 960.
My real question is whether it makes this game worth playing for a pt income? They also take a bad beat for quads. I still think the promotion is worth around $6/hr. If playing solid winning poker only nets break even considering high rake, tipping, and bad beat, it's probably not worth the $6/hr to play for income considerations. If I could make a BB/hr on top of the promotion, then it would be worth the time and effort.