Quote:
Originally Posted by napsus
also, how much do you think tats or others running a game like that bank in per night?
I think you can probably get a good idea by looking at his ongoing expenses (so, not including equipment), then, whatever you think he's willing to work for.
Obvious Expenses:
- location
- 2x security guards
- dealer
- food / drinks
- massage girl (although that may have not been a regular thing, so let's cut that one out)
I guess maybe $1K for the guards and dealer, and... somewhere between $500 - $1K for the location? Food drinks maybe $250. So, and this is a pretty wild guess, he needs to make at least $3K a night to make it worth his time.
From the documentary it appeared he was only running one table, so for the purposes of this adventure in wild guestimates, let's assume that he only ever has one table.
So, how many bb/100 do they have to be raking out? How long does a game go? Again, lots of assumptions, but let's say a game goes for 10 hours on average. Action game.. maybe 20 hands an hour? So we're dealing with 200 hands.
This gives us (and feel free to change these if you think they're off):
- Revenue (R) = 3000
- Total Hands (TH) = 200
- bb/100 = (R / TH) = 15bb/100
That seems about on par with microstakes NLHE rake of 5% uncapped (info from other threads on NLHE/PLO rake). Mind you, there are a lot of assumptions on key variables here, but if you play around with some of the values I think you could get pretty accurate.
If his expenses are higher / he needs more than about $1K to make it worth his time, then maybe $5K? That would be 25bb/100, which, given that it's an action game, also seems reasonable.
Final Answer: $3K - $7K per game
Last edited by Squibz; 12-06-2012 at 08:08 AM.