Three, I actually agreed with much of what you said here but you were on many different tangents unrelated to the main topic. The main topic is do you believe casinos can generate millions and even billions in extra revenues and profits just by moving the cut card further back? This is what many APs believe....that moving the cut card back causes people to magically want to lose more money. In their view, opening new tables doesn’t have the same impact. Where do you stand on this?
Yeah, I’m starting to agree with you. My fear is this thread will overtake the one I started that went 17 pages. I don’t want it to beat that record (my personal record for now - Frieighman is the one keeping score for me). Btw, thanks Freighman for doing this for me.Originally Posted by 21forme
As people can see, Three and I have much too much time on our hands to be arguing a meaningless point. At the end of the day, casinos are going to do what they do. We can only control what we do.
I can’t beleieve I’m responding to someone who still doesn’t understand the point I’m trying to make but since I’m a patient man, I’ll try one more time.
Yes, I get it, deeper pen means more hands per hour which in theory should generate more revenue. That’s a very simple concept to get.
Here’s a concept most APs don’t understand. This is only true if there are no empty tables or there is not enough supply of blackjack hands already available at a casino. If there is adequate supply or a surplus of supply, then this will NOT generate more revenue.
What are other ways casinos can generate more supply? Glad you asked. By opening up more tables.
Here’s some math for you to illustrate my point. In the following example, which casino is generating more supply?
Casino A: 5 tables open and 75 pen = ?
Casino B: 10 tables open and 50 pen = ?
It should be pretty obvious that it’s casino B. But if you were an AP, you’d think casino A would be more profitable since the pen is better.
When I mentioned a casino could also open up more tables to generate more revenue, Dogman_1234 didn’t even understand how more tables was relevant to the pen discussion.
I’ve tried to explain this in very simple terms. Are you able to get it now? There are more ways than pen to generate more hands per hour.
The other point I’ve tried to make is generating more supply (hands per hour) does not by itself generate more revenue. You have to have someone interested in playing those hands. It’s called demand. Increasing supply, without increasing demand does not generate more revenue. Is this starting to make sense to you?
APs in general don’t understand the demand part of the equation. They only think in terms of supply. This is why I’ve recommended some (like Freighman, Three and Dogman_1234) should take a course in economics. It might be good if you sit in on this course too.
“Never argue with a fool, onlookers may not be able to tell the difference.”
? Mark Twain
just so we are clear of your intentions, please answer only Yes, or No to this example.
After taking in the matinee Cubs game at Wrigley Field, Sharky drives the the Rivers Casino and arrives at 6pm.
He knows he has a flight out of ORD at 9:17, so he sits down to play BJ (given his trip br and game he is playing....=0%ror)
He is going to play BJ continuously until his cab arrives (let's use Uber b/c they txt upon arrival) approximately 8:37.
If the Rivers cuts further back on Sharky's table then they normally would (b/c he's a plop), did the Rivers increase their (theoretical) profit?
btw, ignore to me means that I have given up on you, plz don't disappoint me with your 1 word answer.
I get where you’re going with this. Of course a faster dealer or deeper pen will generate more potential profit for your isolated case. So what? What does that prove? Are you going down the road Freightman always goes. Throwing out isolated examples to try to prove a bigger point. I could give you ten of my isolated examples to prove my point too. So what.
Please answer my 3 questions:
1) Do you believe pen is the only way to increase the number of hands per hour at casinos?
2) Do you think it’s possible for a casino to increase the number of hands per hour by opening up more tables?
3) Do you believe in Stealth’s ridicules calculations that try to show how much extra money casinos can generate by moving the cut card further back?
You can take more than one word to answer my questions. I have no agenda. I just want to know how you think on this.
I can see I’ve upset some APs by stepping on one of their core tenets....that casinos and APs can live in perfect harmony and become rich together if the casinos would just move the cut card further back. I’m showing APs that it’s a little more complicated than they thought and they don’t like it. It’s kind of like telling a child Santa Claus doesn’t exists. First they don’t want to beleieve it, then they get upset, but usually they come to accept it, if they want to believe in reality.
you asked "where/how is this made up demand when the cut card is placed further back" and I supplied a very simple, common example, TO WHICH YOU, OBVIOUSLY AGREED.
Isolated you say!?....there are fucking MILLIONS of examples:
- guy playing through lunch break
- guy cuts out of work early to play, but still has to leave a x time to be home for kid's bus
- guy arrives 30 mins early for dinner...so plays for that 30 mins
- obviously, i could go on and on....like you and 3, but it is not necessary
it is, literally, as though you have no common sense.
i think we are just being trolled at this point, this guy just wants to argue the poorly managed casino side no matter how much you show the stupdity of that logic.
I just posting here to any dealers that might come across this, if your in a joint and dealer has some control on the pen depth. You give bad pen, you get no tip. You deal fast and give fair pen, you get tipped.
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