Quote:
Originally Posted by RockerguyAA
I can understand that I guess, but even so they do still make quite a bit of money from the poker room. Besides the $1/hour comp, we the players fund the poker room promotions ourselves. Is $1/hour really all they can give back?
If a video slot machine pays back 91.6% (which I read on a screen there 2 weeks ago), a player needs to spend over $1000 for the casino to make $100. A poker player at 1/2 NL gets raked every hand they win that sees a flop, up to $5. So say a slot player comes in for 3 hours and loads a total of $500 in a slot machine, while a poker player plays for 5 hours of 1/2 NL. The way I look at it the casino would make a similar profit off both players for the night, but only the slot player gets all the additional benefits?
Maybe I'm just looking at things wrong I don't know. Not sure what average hourly rake paid would be for an average $1/2 player either, just took an educated guess.
Yes, poker players fund the promotions ourselves - that is what the BBJ drop is for. But the casino doesn't get a dime of that (Mike confirmed this in an early post) and actually has to pay for someone to keep track of it all. No reason for the casino to comp poker players on that basis.
As for how much a casino makes - just the rake is an average of $12 per hour per player, if I recall correctly. Close to that, at any rate. Anyone playing against the house will lose, on average, a heck of a lot more than that!!
Sure, the casino also makes money from poker players buying food, drink, bringing significant others who play slots and/or tables, etc.
But the straight rake simply doesn't justify comps as high as slot/table game players get. I wish it did...
I really miss the good ol' days in A.C.!
Lee