Quote:
Originally Posted by JHair
The goal posts keep moving, I don't even know what we're talking about.
This is my central premise: casinos keep making table games rules worse for the player because of a mixture of they can and they need to.
As other things become more valuable - e.g., nightclubs - and gaming volume goes down, gaming margins have to increase to be competitive. That means 6:5, triple zero, craps fields bet going down, etc.
Many gamblers try to justify why player-centric rules would benefit the casino - poker rooms bring gamblers into table games, table games bring people into hotel rooms, etc. They call for lower poker rates and better blackjack rules and almost always it very narrowly aligns with their self-interest.
Casinos are corporate now, they can - and are - evaluated by means common to institutional investing. That means if a table isn't doing better than empty space it will get cut. That means if a whole section isn't doing better than retail it will get bulldozed. (Look at the Venetian poker room as an example of what management thinks the value of poker is.)
You can do the math however you want (and I'm not saying you're wrong) but some bean counter in New York definitely is, and however they're doing the math the end result is that they think gaming is not the cash cow that gamblers assume it is. If they're wrong (and I would be happy if they were - I loved past Vegas), you've got an edge. Unfortunately I think they are right.