Quote:
Originally Posted by zizek
Circumstances are a lot different for Mint than what happened with the ME seat with Eakman. I would insure the ME seat for $100 against Mint not paying out - I think there's basically 0% chance that's an issue. So the question is, how many people do you think will qualify and play - the fewer the entries, the better the value. Mint has an awful lot of daily regs so you're probably looking at around 50-100 entrants, which imputes a value of about $150. Not exactly worth bending over backwards to qualify.
I've played at Post Oak, Prime, Lions, and Mint. The BIGGEST difference I saw players at Mint NEVER have to pull cash out of their pocket to pay for the seat rental or for tips! Which is great as a player, but at the same time, it's a way for some players to "go south" with chips.
1. Because they allow it, essentially, if I buy in for $300 and win a $1000 pot for example, I can take $300 off my stack, go to the cage and get $100 of tip chips and $200 of time chips (which NO ONE can ever win from me) and now I'm free rolling on the game!
2. If it's a 10 handed game and each player paid their tip chips and time chips with the cash chips, and let's say each player tipped $5 each for 1 hour of play, that means on average, $150 per hour comes off the table that you or any other player can NEVER win! So if that's not a "rake", then I don't what is! Lol.
All the other places won't allow that so I have to constantly pull out cash to pay for time cards.
Wanna think about something crazy?!? Mint is celebrating their 1 year anniversary in May meaning they've been open 10 months so let's do the math on a conservative level. Let's just say they averaged 3 tables for 3 hours each day which we know is more like double that, but again we want to be conservative. That means in 304 days Mike has raked errrr made $273,600 that came off the table and NO ONE can EVER win!! And that's just the time chips!! And THAT'S ONLY 3 TABLES AT 3 HOURS A DAY!! MIND BLOWING!!