card clubs with bankers and table games - Other Gambling Games Forum

Two Plus Two Forums Other Topics Other Gambling Games

card clubs with bankers and table games

Post Reply Subscribe

...

06-21-2016 , 04:46 PM

mountainspring

journeyman

Join Date: Dec 2009 Posts: 241

I heard theres a lot of card clubs with bankers and table games in California. Are there are other regions in the US that has card clubs?

Quote

06-21-2016 , 04:53 PM

Lattimer

I is smart

Join Date: Feb 2009 Posts: 15,463

AFAIK that's a California-only thing.

Quote

06-24-2016 , 02:41 AM

Licuala

centurion

Join Date: Apr 2012 Posts: 137

We definitely have that here in Florida too.

You are talking about when a "corporation" or third party is backing a table game like 3 card at a poker room, correct? Here an LLC can form to back a table game, let the house deal and take a rake, and the LLC has to collect (or make good) on all bets.

It has slowly become more popular since 2014 on the West coast of Florida.

Quote

06-24-2016 , 03:40 AM

bigfishead

veteran

Join Date: Jun 2003 Posts: 2,811

The idea being that in California you cannot play "against the house". The house cannot have an "advantage" like they do in all tables games like those you see in Nevada casinos.

So a "corporation" plays against the players. They play perfectly, and thus have the edge vs the other players. They too, like the players, pay juice. But long term still make a profit.

Quote

06-24-2016 , 09:18 AM

irobinson

enthusiast

Join Date: Apr 2014 Posts: 85

Quote:

Originally Posted by bigfishead

But only card rooms. Indian casinos can have house-backed games.

Quote

06-24-2016 , 11:44 AM

pig4bill

Carpal \'Tunnel

Join Date: Dec 2005 Posts: 33,821

Quote:

Originally Posted by bigfishead

Yeah, and it's basically illegal. Any player can, in turn, bank the game. I've heard of people wanting to take the bank, and being pressured to stop doing so. It's good old fashioned criminal thuggery.

Quote

06-24-2016 , 12:18 PM

psujohn

veteran

Join Date: Dec 2007 Posts: 2,173

Quote:

Originally Posted by pig4bill

I've heard of people wanting to take the bank, and being pressured to stop doing so. It's good old fashioned criminal thuggery.

In the legit big name rooms? I can't imagine either the house or the corporation risking it. Most players aren't going to have the funds or want the variance that comes with taking the bank so I wouldn't think the corporation would care much and for the house they really don't care who is banking.

Quote

06-24-2016 , 07:48 PM

volcano41

temp-banned

Join Date: Oct 2013 Posts: 889

Blackjack players are so rude to anything they dont like. So im sure the corporate guys have their ways of making sure you have a bad time.

Quote

06-24-2016 , 08:08 PM

irobinson

enthusiast

Join Date: Apr 2014 Posts: 85

Most places will only let you bank 2 hands and then the bank returns to the corporation and they play 2 and so on and so forth.

Even if the player banking doesn't have the funds to cover all the action the corporation will cover the action not paid by the player-banker.

Quote

06-25-2016 , 09:16 AM

#10

ES2

old hand

Join Date: Aug 2012 Posts: 1,647

Quote:

Originally Posted by pig4bill

It can happen, if you are perceived to be chasing the bank. That is, if you are very aggressive about wanting to bank as much action as possible, for example, by trying to get other players to bank so that you can put up most of the money on their spot.

These games exist entirely in/because of grey areas, so there's a lot of marginal stuff going on. But, on the other hand, most customers just want the game to run quickly and smoothly.

If you just make your bets, then bank your two turns, you're extremely unlikely to run into problems.

There's an old gambling with an edge podcast with a guy who started one of the first corporations. Pretty good listen.

Quote

06-25-2016 , 02:16 PM

#11

bigfishead

veteran

Join Date: Jun 2003 Posts: 2,811

Quote:

Originally Posted by irobinson

But only card rooms. Indian casinos can have house-backed games.

Correct. And also do not have to abide by the same regs and standards as a real casino. I've even seen JUICE on wins in a regular game of 21 in Indian casinos. Juice with a house built edge already!

Or slots, they don't have to run the same % paybacks as say LV casino's.

Quote

06-25-2016 , 11:21 PM

#12

pig4bill

Carpal \'Tunnel

Join Date: Dec 2005 Posts: 33,821

Quote:

Originally Posted by psujohn

In the legit big name rooms?

I don't know what a "big name" room is. I'm talking about M8trix.

Quote:

I can't imagine either the house or the corporation risking it. Most players aren't going to have the funds or want the variance that comes with taking the bank so I wouldn't think the corporation would care much and for the house they really don't care who is banking.

M8trix and the corporation are basically in bed together. The city of San Jose and other regulators were unhappy at the lack of arms length between them, but didn't go far enough imo.

Quote

06-25-2016 , 11:30 PM

#13

AngusThermopyle

Carpal \'Tunnel

Join Date: Feb 2005 Posts: 14,929

Well, that is one of the reasons Swallow had his owner's license revoked and fined $13.7 million.

Quote

06-26-2016 , 02:34 AM

#14

Rapini

ragging

Join Date: Jan 2008 Posts: 13,096

Moving to Other Gambling Games so discussion of house-banked/corporation-banked games can continue.

Quote

06-27-2016 , 01:24 PM

#15

realestate

adept

Join Date: Jan 2009 Posts: 926

So is florida and california the only ones?

Quote

09-07-2016 , 07:52 PM

#16

MonkeyMonkey

centurion

Join Date: Jun 2015 Posts: 144

Can someone explain banking to me? I know in San Diego, in Casino's (non corporate ones) like Seven Mile or Ocean's 11, the dealers carry chips, there is a dude always sitting there watching the play at each table.

Quote

Post Reply Subscribe

...