On Mar 28, 2013, at 1:29 PM, Steve Norden wrote:
> No need to downgrade. The casino's are gamblers also. Swings come
> with the territory, sometimes good and sometimes bad.
> If Siena downgrades, the word gets out and gamblers would rightly
> say that Siena is a stiff. If they keep the same pay tables
> gamblers think Siena gets crushed, same games available, they can be
> crushed again, this is the place for me!!!
>
I've often seen downgrades day after after big wins. Venetian,
Bellagio, Rampart.
Recently there was a downgrade at Cache Creek (near San Francisco) due
to a poorly designed promotion.
On weekends, every $1,200 that day earned a drawing ticket towards
five(?) $5,000 prizes.
One guy hammered a bank of three $10 Joker 99.92% video poker machines
(CA doesn't allow >100% video poker) all day Sat & Sun.
He earned enough tickets to win about half of the $5,000 prizes.
After that weekend, the Joker was downgraded 1%, leaving NSU Deuces as
the highest-paying (99.73%) video poker.
The guy never came back for the promotion on following weekends.
Mitchell
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