I haven't played on any of them for a long time, and of course they can set the rake differently at different places, but when I played, I thought I remember that the rake was a little lower than the live poker at other casinos -- but because the hands / hour are higher, the total paid is probably the same or more per hour -- but not per hand.
Again, it could be set higher, lower, or the same as live games. There's big variation in rakes from one live casino to the next, too -- and it's not a factor to be ignored.
Long before no limit holdem caught on, I was at the Mirage playing limit holdem, and a railbird came up and said to one of the pro's that he had done the math, and the rake came to $500,000 per year per table, so that there had to be that much "new money" (outside non-professional players) lost to cover the rakes, before there was profit to be made by the professionals. Because of the rake, poker is a game where even though it's often considered a zero-sum game (for every dollar won, someone else loses a dollar), in fact the rake makes it possible for equal players with equal luck, who should pretty much play break-even ordinarily, to have every one of them walk away a loser. For every dollar lost, a little of that dollar is taken away before giving the change to the winner.
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On Friday, April 17, 2020, 05:48:03 PM EDT, greeklandjohnny@aol.com [vpFREE] <vpfree@yahoogroups.com> wrote:
The problem with the electronic games is that they raked the same as the live games. You can get 10 to 15 more hands an hour so that rake adds up in a hurry. Granted, no dealer tip but if they ran it with $3 rake up to $60 and $4 after that, they would have customers. $6 rake on $60 is too much.
JZ
-----Original Message-----
From: Howard Stern pyiddy@att.net [vpFREE] <vpFREE@yahoogroups.com>
To: vpFREE <vpFREE@yahoogroups.com>
Sent: Fri, Apr 17, 2020 5:38 pm
Subject: Re: [vpFREE] Corona virus consequences?
Are the electronic poker tables any good? I have never seen them in use but they are in several Midwest-casino. Still could have issues with cleaning the controls and screens.
On Friday, April 17, 2020, 04:30:05 PM CDT, Albert Pearson ehpee@rogers.com [vpFREE] <vpfree@yahoogroups.com> wrote:
The only problem with that solution or any other spacing solution for poker is that since the game is not very profitable for casinos, and all these solutions require a lot of additional floor space they just aren't economically feasible for the casinos. Poker probably won't be back until a vaccine becomes available.
On Friday, April 17, 2020, 12:16:20 a.m. EDT, Jeffrey Wilens jeff@lakeshorelaw.org [vpFREE] <vpfree@yahoogroups.com> wrote:
They could set up private booths (like those in old-style adult book stores, not that I have any personal experience). In each booth you log into a video screen and gamble with other players in their own booths (which will have proper ventilation. You will be able to see the other players on the large videoscreen.
Lakeshore Law Center
Jeffrey Wilens, Esq.
18340 Yorba Linda Blvd.
No. 107-610
Yorba Linda, CA 92886
714-854-7205
714-854-7206 (fax)
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From: vpFREE@yahoogroups.com <vpFREE@yahoogroups.com>
Sent: Thursday, April 16, 2020 9:11 PM
To: vpFREE@yahoogroups.com
Subject: Re: [vpFREE] Corona virus consequences?
My guess is, no more so than they already have done so -- i.e., some casinos have made some areas non-smoking, and a handful (to my knowledge) have gone completely smoke-free -- I can't imagine if they're chomping at the bit to re-open without sufficient concern about the virus, that it will change their attitude about smoking.
Happily, most poker rooms have gone smoke-free (if you ignore the people immediately next to the poker room who are smoking) -- but unhappily, poker has other problems to deal with now. You can't sit six feet from the other players and handle the chips and cards with gloves and remember to keep those gloves away from your face all the time -- it's just risky business.
Of all the advantages of the electronic poker tables, I was aware of many: faster play, no one can act out of turn or show their cards prematurely, pots are automatically "chopped" without error, no misdeals, no player errors except their own mistakes in betting, and on and on ... but then someone said they thought they were experience less frequent colds due to the lack of need to handle chips and cards, which I added to the list. But with social distancing, even that won't work, unless they can re-wire the systems and have 8-9 players in a game sitting at 4-5 separate tables.
One thought that has passed my mind is -- will casinos (or gov?) use this whole corona virus
pandemic and it's most reputable characteristic of attacking through the respiratory system
as an "excuse" to go smoke-less?
>>Masks should be mandatory for all persons in the casino public areas. <<
****************Hard to drink those free drinks and smoke with a mask on.