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Originally Posted by midas
Yes for real - I don't because your math isn't real world.
The -EV of lottery is way worse than BBJ - yet it continues to grow and thrive.
The -EV of slot machines is way worse than BBJ yet the players keep coming.
BBJ is actually neutral EV* so while this is all true it misses the point. It takes money from the vast masses and bestowes it upon a couple people. People who win a huge BBJ might put the money back in the poiker economy but often it instead goes to buying cars and whatnot, so the money still leaves. Whether it's more or less than other forms of gambling is irrelevant. It is money leaving the poker tables seldom to return. For the marginal players this can be the difference.
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If BBJ actually caused player counts to drop over time don't you think casinos would have figured this out already and stopped this practice?
Some believe this. But unfortunately the fish often demand it. Witness AC where as soon as Trop got a BBJ everyone else was forced to as well.
edit: Parx tried to holdout but they have one now as well
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If I were to go to Commerce, I would find the $300 max NL game. I don't care about blinds.
There's just so much wrong with this. A $300 buyin game with 1/2 blinds is vastly different than the same buying with 4/8 blinds.
* - is this even true? I know AC the casinos can't take money out, but casinos in many other parts of the country can take a %10 (or more!) administrative fee. I know many promotions are paid with BBJ money, but does the casino take any of it?