Quote:
Originally Posted by David Lyons
I work in poker, love poker, play poker, and read and write about poker constantly; but if I took a friend to my local casino who had never gambled before, I'd tell them they'd have a much better time at the roulette table with $100 than sitting at a $1/2 game with $100*.
The appeal of live poker over live roulette is that the former is more conducive to an interesting table talk.
As for online offerings, I don't know exactly what pleases a typical gambler, but I see that the house edges vary a lot, and I guess that they're correlated with the ability of a game to deliver pleasure (by the supply and demand mechanism), and that somehow Jacks or Better (with a 0.46% edge) is less pleasurable on avg than a slot (usually with a 3.4%+ edge). To some gamblers, an online poker game might be more pleasurable than a slot session with the same standard deviation, partly due to the bigger strategic element and control over outcomes.
To compare: when 2-tabling $15 Spin & Go Max (playing 16 games an hour), a weak player loses ~$40 an hour on avg, I guess (has a -17% expected ROI). A similar amount is lost on avg by placing 600 x $2 bets on a low-variance slot (3.5% edge) or 600 x $1 bets on a high-variance one (7% edge), which also takes around an hour. [Roulette (betting on 1-2 numbers) is much cheaper to play but possibly more boring.]
From the viewpoint of a gambling operator, though, it's still more profitable to persuade a customer to play a slot than SAG Max in my example
(the customer's expected losses being equal) because the house keeps 100% of casino losses to itself, doesn't have to share 20-30% of the deposits with net withdrawing players like in poker.
Last edited by coon74; 03-13-2018 at 12:48 AM.