Horseshoe Baltimore (Baltimore, MD) -- FAQ in OP, added 2014.09.09 - Page 13 - Venues & Communities -- Two Plus Two Poker Forums

That's why I go to the $100 tables, I'm the only one there.......+1000 to $10 craps. I was really looking forward to craps here but even at the $25 level it's annoying to play there.

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09-23-2014 , 03:28 PM

#302

Villian1

Carpal \'Tunnel

Join Date: Jun 2010 Posts: 8,174

They have 10$ craps tables pretty much all the time when it's not a peak time. I think I remember seeing 5$ craps tables at like 4am on a tuesday for the real ballers.

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09-23-2014 , 03:32 PM

#303

punkass

Carpal \'Tunnel

Join Date: Oct 2002 Posts: 12,476

Great, thanks for telling me. Now I have to go at 4am on a Tuesday now.

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09-23-2014 , 03:42 PM

#304

zoltan

Carpal \'Tunnel

Join Date: Jul 2007 Posts: 21,490

Quote:

Originally Posted by Villian1

They have 10$ craps tables pretty much all the time when it's not a peak time. I think I remember seeing 5$ craps tables at like 4am on a tuesday for the real ballers.

Breakfast, coffee, craps, and craps imo.

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09-23-2014 , 04:16 PM

#305

Villian1

Carpal \'Tunnel

Join Date: Jun 2010 Posts: 8,174

I'm just saying that most of the time except fri/sat nights there are 10$ craps tables.

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09-23-2014 , 09:38 PM

#306

zoltan

Carpal \'Tunnel

Join Date: Jul 2007 Posts: 21,490

Quote:

Originally Posted by Villian1

I'm just saying that most of the time except fri/sat nights there are 10$ craps tables.

Not to nit (ok I am) but last Tuesday no craps less than $15.

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09-24-2014 , 07:56 AM

#307

layemdown

veteran

Join Date: Jun 2010 Posts: 2,500

Quote:

Originally Posted by punkass

Obviously everyone wants a lower rake, and was disappointed when they decided on $6 rake.

I think they know that. It's futile to keep bringing it up now.

Anthony didn't make that decision. I was made at the top after top level meetings. It won't change unless the top is convinced it will bring in more revenue. If $6.00 beats $5.00 it will remain $6. Basically exactly the way Hollywood evaluates C Town

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09-24-2014 , 08:20 AM

#308

joboggi

grinder

Join Date: Jun 2008 Posts: 695

Quote:

Originally Posted by layemdown

We can still keep complaining about it.

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09-24-2014 , 09:02 AM

#309

RobTheComedian

newbie

Join Date: Jun 2013 Posts: 23

I don't see Horseshoe lowering the rake. I do see MDL raising theirs. Nothing every goes down in price.

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09-24-2014 , 09:21 AM

#310

Rapini

ragging

Join Date: Jan 2008 Posts: 13,096

Quote:

Originally Posted by joboggi

We can still keep complaining about it.

That's worthless.

What could be worthwhile is if the room were to offer a short-term rake promotion to see whether and how a dollar difference really would affect the room. My guess is that if the rake were to go a dollar lower to match MDL, there wouldn't an increase in volume that would justify decreasing the drop permanently.

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09-24-2014 , 11:26 AM

#311

Crozbee

adept

Join Date: May 2012 Posts: 895

Quote:

Originally Posted by Rapini

all of this

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09-24-2014 , 12:02 PM

#312

EvilGreebo

banned

Join Date: Nov 2013 Posts: 3,526

Quote:

Originally Posted by Rapini

Combined with the much less stringent 'bad beat' jackpot, it might make a difference.

Last time I was there, only maybe 1/4 of the tables (about 7) were in use. Assuming the same number of hands per table, that's only $42/hand (6*7) or maybe $1,260~ an hour (30/hour average).

Drop the rake to $5.00 from $6.00 and they lose $150/hour - if they fill TWO more tables they're in profit (5*9*30) at $1,350 an hour.

They just don't be seeming to be interested in making any effort to actually fill the room.

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09-24-2014 , 01:37 PM

#313

Pete_Peters

journeyman

Join Date: Jun 2012 Posts: 205

Perhaps I'm in the minority. I play for fun on the weekends. But, why do I care if the room is full. Yes, some game/table selection is nice. But from my perspective, the ability to roll into the Shoe at 8:00 on a Friday, have a nice dinner at Binions, and then stroll up the poker room at 10:00 and get seated with no wait is far more attractive than dealing with an 80 person waitlist at MDL. And yes, less rake would be nice; but I'm not willing to wait an hour to play for $1 less/hr.

In short, I'm pretty happy with the current state of affairs . . .

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09-24-2014 , 01:48 PM

#314

EvilGreebo

banned

Join Date: Nov 2013 Posts: 3,526

Sure, that's nice, but do you think the Shoe cares more about maximizing its profit or your personal satisfaction?

Put another way - if they had a waiting list 80 players deep do you think they'd care if you didn't get to play that day?

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09-24-2014 , 03:19 PM

#315

Pete_Peters

journeyman

Join Date: Jun 2012 Posts: 205

Quote:

Originally Posted by EvilGreebo

What does this have to do with anything I said? My point was simply that I'm happy with the current state of the room.

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09-24-2014 , 03:49 PM

#316

cappla011

adept

Join Date: Feb 2006 Posts: 902

Quote:

Originally Posted by Pete_Peters

What does this have to do with anything I said? My point was simply that I'm happy with the current state of the room.

Man I'm right there with you. I am perfectly happy with how the Horseshoe operates. I love going there, and I'm perfectly fine with it not being packed and having a huge waiting list. Not that I think dropping the rake from $6 to $5 would make much of a difference, except to appease the eight people in this thread that won't stop bitching. Get over it guys, it's not happening.

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09-24-2014 , 05:41 PM

#317

goodsaint

veteran

Join Date: Nov 2012 Posts: 2,377

Quote:

Originally Posted by Pete_Peters

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09-25-2014 , 09:20 AM

#318

Ruxton Atheist

newbie

Join Date: Jul 2013 Posts: 42

Quote:

Originally Posted by cappla011

The Shoe has a lower rake expressed as BB/hour. If you win 5 pots/hour you pay $30/hour at MDL (1/2 rake is 5+1) = 15BB/hour.

At the Shoe 5 pots/hour = $35 (1/3 rake is 6+1) = 11.66BB/hour.

If you maintain a consistent win rate of ~ 20 BB/hour, MDL rakes 75% of your hourly, and the Shoe rakes 58%.

You can't beat the rake at these stakes, but you can't legitimately complain about the higher vig: it may be larger in an absolute sense (+$1), but it's a smaller rake relative to the blind structure.

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09-25-2014 , 10:19 AM

#319

The Apex

Pooh-Bah

Join Date: Nov 2011 Posts: 3,603

Quote:

Originally Posted by Ruxton Atheist

You can't beat the rake at these stakes

Wat

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09-25-2014 , 02:32 PM

#320

punkass

Carpal \'Tunnel

Join Date: Oct 2002 Posts: 12,476

I'd like to see his work on 2/5 and 5/10, and see how high an acceptable rake is.

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09-25-2014 , 06:31 PM

#321

dcmidnight

adept

Join Date: May 2005 Posts: 887

Quote:

Originally Posted by cappla011

Man I'm right there with you. I am perfectly happy with how the Horseshoe operates. I love going there, and I'm perfectly fine with it not being packed and having a huge waiting list. Not that I think dropping the rake from $6 to $5 would make much of a difference, except to appease the eight people in this thread that won't stop bitching. Get over it guys, it's not happening.

This.

I'd venture to say that if you polled 100 people coming out of a crowded room with good public traffic, say MDL for agrument's sake, that no more than 50% could even explain the rake structure of the room they just played in.

Assuming that the room would suddenly be crowded if the rake went down $1 - which means you think people are not playing there specifically to save $1 on the rake - is IMO quite incorrect.

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09-25-2014 , 06:33 PM

#322

dcmidnight

adept

Join Date: May 2005 Posts: 887

FWIW I've been in one random Monday afternoon @ 2p and one Friday morning around 630a - no craps less than $15.

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09-25-2014 , 07:05 PM

#323

Villian1

Carpal \'Tunnel

Join Date: Jun 2010 Posts: 8,174

You guys might be right. The craps tables might have been 15 not 10. I don't play craps I just remember seeing tables that definitely started with a "1" in the min bet. So 10 or 15.