What is interesting to me is that the "hold" on ALL BJ's
tables in LV is essentially unchanged in spite of the poor
quality of tables being passed off as actual BJ Tables.
http://gaming.unlv.edu/reports/nv_ta...m_medium=email
What is interesting to me is that the "hold" on ALL BJ's
tables in LV is essentially unchanged in spite of the poor
quality of tables being passed off as actual BJ Tables.
http://gaming.unlv.edu/reports/nv_ta...m_medium=email
He's not. He's stating that, DESPITE the increased house edge, the hold hasn't increased. And, among other things, this can be because people play to a budget, and just because they now lose their money faster doesn't mean that they're willing to lose more of it!
Don
The increased house edge is taking their budget faster but the hold is also indicative of fewer players. Strip traffic is up and the hold is not. The UNLV website has a report on the number of tables which also shows a declining availability. The reduced hold is a function of several factors including the ones mentioned here.
The "idiots", disrespect intended, have not figured out that if you want more hold, make the game more playable don't damage the game by taking more of their money. Their comprehension of marketing concepts is atrocious. They believe all these people will keep playing, so just take their money faster.
Luck is nothing more than probability taken personally!
Call me crazy, but it doesn't seem like 6:5 would have a significant impact on taking people's money faster such that they quit significantly quicker. They are already playing poorly. 6:5 adds what, about 1.4% HE? What do you think the average ploppy's -EV is on a 3:2 game? Say the HE is 0.5%, but he's probably playing at what, a 2-3% loss? Add in 6:5 and it goes to 3.4-4.4% loss. Then remember, there's variance (duh), so it's not like the ploppy can see for himself that he's losing much more on 6:5 than 3:2.
"Everyone wants to be rich, but nobody wants to work for it." -Ryan Howard [The Office]
True story:
I was sitting at a shoe game at one of my local casinos. Guy is stopped at our table. He asked the dealer, "where are the 6:5 games."
Dealer responded, "Sir, we don't have 6:5 here. 3:2 is better for the player."
He said, "Are you trying to tell me you have better games than Vegas?"
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