Quote:
Originally Posted by 12bigworm81
Actually at a $5 promo drop yesterday paid for itself and then some.
And they did announce new promos yesterday.
You seem like you walked in wanting for things to go wrong.
Not the case at all, I'd been there 4 other nights since the beginning of January before I decided to comment on it on here, Atlas, or anywhere. But between what I had read here over the last couple months and on the Facebook groups, I knew to be careful. I've played in enough crooked house games to know poker isn't always sunshine and rainbows. Trust and respect are earned, they're not assumed.
I think you're right that $5 promo drop could potentially pay off $13k in one day. $1100/hour payouts would need 220 max raked hands per hour. If you have 10 tables going then all you need is 22 hands/hour which, even with slow dealers should be doable. However, it wasn't until I got there at 3pm they opened their 10th table. Eight 1-2 NL and one 2-4 NL and one 2-4 Limit. They opened one more 1-2 and a PLO game before I left. From what I'm hearing they didn't get much more going throughout the night. The problem is that 90% of the pots at my table were under $40, and they were dropping straight 10% so a $39 pot was raked $3, not $3 + $1 like most rooms. I saw less than 5 pots in 3 hours go to max rake. I'm sure the 2-4 Limit game didn't see many max raked pots. So maybe they recovered it, maybe they didn't.
One of my complaints was they don't have a PA system so it's entirely possible I missed an announcement about scheduled high hands. But I haven't seen anything in any of the Facebook forums or the Cheers page where Puck usually posts constantly about what they have going.
However, I think you misread the post you quoted. I'm wondering how he got the promo account to $13k before Monday. Given that the promo rake was $1 from the end of December when they opened until last week of January when it went up to $3 and they hardly ever had more than one table going (if any)...the games would had to have had crazy action.
I actually have rooted for Cheers to do well when talking to players at the table in other rooms. When it was explained to me that promos have to be paid for 100% by separate rakes I realized how difficult it would be for them with a competitor down the street already running promos. I believe competition is necessary to keep things attractive for players both novice and experienced. But I'm not in favor of sacrificing integrity of the game simply because one is having a tough time getting going. And I absolutely despise people who make excuses or blame others for their own failure. I went to Cheers because I thought maybe that was just Puck's keyboard warrior persona, but given that his dealer was making the same statements it is clear he's infected his staff with this mentality as well. Thus, I won't be back and I would advise anyone that chooses to play there to keep a watchful eye.
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