[vpFREE] Re: AGEM Hails Passage of Senate Bill 9 in Nevada

 

"Skill based play" is another disruptive technology from the interwebs. They don't call it gambling, so it's legal in all 50 states. Right now it's mostly draftkings.com but in the future it's bound to expand, including sites aimed at female gamblers and probably juvenile gamblers as well. The casinos know they are in trouble and don't want to get amazoned like the shopping malls. So they passed this bill that allows them to include "skill based games". The problem is they already have lots of skill based games, even slots where you can get an edge if you have the skills, but they have been actively pursuing and punishing anyone they think is or might be a "skilled player." In order for the casinos to survive they will have to learn to embrace the skilled player. It's no big deal, they just need a radical change in attitude. If customers aren't breaking the laws, leave them alone. The courts may eventually make this ruling anyway, it is the law in North Las Vegas (not to be confused with the city of Las Vegas). Don't sweat the occasional winners, use them as marketing instead, gamblers are attracted to places where there are some winners. Obviously the casinos don't need to swing to the other extreme and give away the franchise either, they need to make a profit, make that profit on the bulk of players. The obvious example would be something like an 8-5 double double bonus progressive with a 2% royal meter progressive. The 2% meter is key, that's what attracts gamblers, skilled and unskilled alike. On average, the worst that game can yield to the casino is about a percent, even if everyone is playing computer perfect. Sure some skilled players and some lucky players will beat the casino, but the casino will win overall and likely hold more like 2 or 3 percent or more on this type of machine. On the other hand if they persist in 86ing everyone who hits the progressive, they will soon find they have few to no customers. One thing a casino needs is customers, sure it would be nice from the casino perspective if they were all totally unskilled idiots but let's be realistic. A casino needs to work with the customers they can get, and the few skilled and lucky players keep the less skilled and less lucky engaged. The casinos make money indirectly from the skilled players. Persecuting skilled and lucky players is just the way of the dinosaur, it just makes it easier for another "killer app" to clear out an existing market segment.

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Posted by: nightoftheiguana2000@yahoo.com
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