--- In vpFREE@yahoogroups.com, gmblnmn <nktalbrch@...> wrote:
>
> Yes, I think the herds of trendy, inebriated youngsters do have enough
> money. You don't think they make money from the FPDW players, do you
> really?
>
Yes, they do. Absolutely. Maloof understands this. The bright-eyed young Turks with MBAs and not a single functioning brain cell don't. Maloof built his fortune with a casino full of FPDW. At one time, there were over 120 .25 FPDW in his casino (the Fiesta Rancho). Yet, he made money--lots of it. Why?
1. Not everyone plays perfectly. And hardly anyone who doesn't makes any effort to improve, and certainly they keep playing regardless.
2. The skilled FPDW players have spouses, friends, etc., all of whom may have a craps or slot jones, making the visit of the COUPLE highly lucrative for the casino.
3. The skilled FPDW player may consume other services that the casino offers at a profit.
4. The skilled FPDW player may become fatigued, may get a headache, etc., and may make the two errors/hr sufficient to destroy his advantage.
I know that the argument is "with computer programs blah blah blah, players play more accurately nowadays, so the poor casino must protect itself from the ravages of the sharpies." This is horse pucky--sit at the FPDW prog carousel and observe any two players, and at least one of them is making frequent, chronic mistakes. Not to mention that even if all ten machines were being played PERFECTLY, the Palms would be losing about $100/hr, which is about what the $25 minimum craps table earns in, oh, a nanosecond. Only a gang of anal pencil-pushers would get exercised about the theoretical possibility of losing $100/hr on ONE bank of machine.
