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Old 01-05-2018, 02:39 PM   #76
Rizzeedizzee
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Re: Triple Zero Roullete

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Originally Posted by illdonk View Post
Could a casino actually patent adding another slot to a roulette wheel?
After some high profile litigation losses in recent years, the lure of patenting casino type games has faded. Plus, as another poster said, to be patentable, an invention must not only be new (i.e., not already out there in the real world or described in some sort of publication or other accessible form) but also not be obvious, and in the case of gambling where cards and dice have existed for centuries, it is much more difficult to pass those hurdles than in a relatively new industry like IoT.
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Old 01-05-2018, 04:31 PM   #77
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Re: Triple Zero Roullete

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Originally Posted by callipygian View Post
Sounds like the casinos are making a huge mistake by focusing so much on retail and amenities. You should probably short their stock, take the profits, and open your own casino with player-friendly rules, the things that everyone says will bring in all the gamblers: single zero roulette, 3:2 blackjack, 85% pen, and a generous comp system.

I would definitely play at your casino.
The things aren't mutually exclusive, but you already knew that.

I'm not going to keep feeding the trolls here. If you're not interested in what I have to say, sounds like that's your loss. I mean, I only have in depth knowledge of how a casino works.
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Old 01-05-2018, 04:33 PM   #78
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Re: Triple Zero Roullete

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Originally Posted by TrollyWantACracker View Post
On the LV strip baccarat brings in 30% more revenue then blackjack which has 150% more tables:

http://gaming.unlv.edu/reports/strip_game_mix.pdf
This is absolutely true, capturing the Bac market is an extremely difficult task in most markets (incl. Vegas) without giving up the farm.
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Old 01-05-2018, 05:48 PM   #79
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Re: Triple Zero Roullete

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Originally Posted by JHair View Post
The things aren't mutually exclusive, but you already knew that.

I'm not going to keep feeding the trolls here. If you're not interested in what I have to say, sounds like that's your loss. I mean, I only have in depth knowledge of how a casino works.
It's not my loss at all. I haven't played table games for 10 years or so and I sold my casino stocks 6 years ago.

If you do ever use your in depth knowledge of how a casino works to open or run your own casino, I will honestly be happy to play in a casino that is player-focused rather than investor-focused.

But I wouldn't invest for the exact same reason.
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Old 01-05-2018, 05:56 PM   #80
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Re: Triple Zero Roullete

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Originally Posted by callipygian View Post
It's not my loss at all. I haven't played table games for 10 years or so and I sold my casino stocks 6 years ago.

If you do ever use your in depth knowledge of how a casino works to open or run your own casino, I will honestly be happy to play in a casino that is player-focused rather than investor-focused.

But I wouldn't invest for the exact same reason.
I'm not talking about some sort of player focused casino? I don't know where you got that from. You made a statement that basically said table games don't make money. Blackjack regardless of 3-2 or 6-5 are still huge revenue drivers, and a roulette table is definitely not a waste of space or labor.

The goal posts keep moving, I don't even know what we're talking about.
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Old 01-05-2018, 06:29 PM   #81
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Re: Triple Zero Roullete

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Originally Posted by JHair View Post
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.
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Old 01-05-2018, 08:08 PM   #82
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Re: Triple Zero Roullete

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Originally Posted by callipygian View Post
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.
Most of Vegas' issues have to do with saturation, and retail will suffer from the same effect, nightclubs maybe not.
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