Sorry, Kevin but you are wrong. I am perfectly happy to play with an advantage of either .17% (DB -- yes, I know I don't make that standard) or .7 (I do play well enough). But Sunset would be not only cutting their own throats but mine as well if they included these machines with a 1% CB. First, I would never be able to get a machine, as certain people would play many, many cards at $1 10/7 at 101.17% return. Second, the casino would lose a significant amount of money and pull the machines. But put 5 pros on the machines at $45 or $50 / hour day after day and you are losing over $1000 / day per machine (>800 hands * $5 * .0117). Still not a lot of money but $5000 (5 machines) * 30 days would be $150,000 plus whatever you would have won from your normal customers. Not a good deal.
Since these machines are exempt from the extra 1%, with the normal comps via points and off-points this is not an attractive enough play for the pros. Ordinary people will play at ordinary rates ($7.50 / hour for 25c DW and around the same thing for $ DB). Stations correctly does not care about the few individuals who play well enough to achieve these totals, it cannot impact the bottom line.
I repeat that Coast would have been smart to retain all their machines and simply make them ineligible for 2X points. Most of us would not argue with the fairness of that decision. Yes, I like to get more than .25% but I also like to keep the machines that are profitable in the casino.
Simple economics; shear the sheep, don't slaughter them. And I have no problem at all barring pros who only play the really good plays or the significant progressives, especially those who play in teams. They only harm the recreational player and feed the paranoia of the Michael Gaughan's and George Maloofs of the world.
Kevin, your point is correct within certain bounds. .5% on top of built-in advantage can be significant and Gaughan was right in trying to eliminate it but acted in a counter-productive way. 1% is guaranteed to kill the goose.
B
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At 09:02 PM 04/06/2003 +0000, you wrote:
Bill, you just don't understand (and, amazingly, neither do they).
First, casinos make MILLIONS on "fullpay" machines. Look over any
random person's shoulder who is playing, let's say, 10/7 DB. From
A73 of hearts, K9 of spades, are they holding A73? It's the correct
play, but not one in a hundred players does it. And so on, and so
on. The cumulative errors made by the vast majority make these
THEORETICALLY beatable machines quite profitable. Keep in mind that
every single blackjack game they deal is theoretically beatable, but
you don't see them chopping the tables into kindling.