Quote:
Originally Posted by Bene Gesserit
Operators make a scad of money if they keep low profile and invest in a little "protection"!
Yeah, in New York the standard underground card club rake seems to be:
1-2/1-3 - 10% up to $17 cap
2-5 - 10% up to $25 or $35 cap
Considering the games are all high action and often play with action-inducers like a rock, the cap is hit a LOT (maybe 30-40% of hands even?) and the dealers are all about speed.
On top of that the dealers seem to steal a ****load (at one game I ended up all in preflop with AA vs AA and we chopped and both somehow lost $10 when 2
other people had called a $15 pre raise, I don't play there any more) and at least tips in games I've seen have largely been pooled (I assume they get a % of the overall take for hours worked).
I reckon that on an average night this particular club was taking (including in dealer tips and dealer pilfering) around $400 an hour off each table, and they had 2 tables. That's a fair amount of money when there are only 6 people working there.
I assume that it's someone way more "serious" who actually runs the club and is nowhere near it who takes most of the take, of course.
They do provide "free" drinks though, I guess. At one of the 2-5 clubs they'll provide food too, but I'm sure it's a drop in the ocean.
Last edited by TheGramuel; 03-27-2017 at 02:22 PM.