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corporate greed in vegas

Started by 8OR9, May 30, 2023, 03:54:11 AM

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8OR9

Good article on how vegas casinos are screwing their customers....and most visitors don't realize it......they just go to vegas to have a good time.

I wonder how long it will go on before customers start to get tired about getting ripped off and will stop going to vegas.

If the Journal paywall shoe up, just click on the X button in the right hand corner and the article will appear.


https://www.wsj.com/articles/why-youre-losing-more-to-casinos-on-the-las-vegas-strip-73f6f3ab

KungFuBac

Good post 8OR9--I was getting ready to post this (or similar) link from MSN and noticed you beat me to it.

"...over two-thirds of blackjack tables on the Strip have shifted from 3:2 payouts to 6:5. Tables that pay out at 6:5 give the winning gambler $12 for every $10 bet as opposed to winning $15 in a 3:2 payout, Mehaffey explained.

Bets at the roulette tables on the Strip are also getting harder to win thanks to a triple-zero iteration of the game that favors the house rather than the gambler, per WSJ.
  ...
"

Roulette Dealer: "Step right up folks--Now offering Triple-Zero roulette: More ways to win,...etc."  :nope:



Continued Success,

"There are many large numbers smaller than one."

AsymBacGuy

Thanks for the contribute 8OR9!!!

Vegas, among other things, is specialized to test the humanhood ignorance, so I'm not surprised to watch at people wagering at three zeroes wheels.
Compared to them, black jack players betting at 6:5 instead of 3:2 look as 'geniuses'.

Also many Vegas baccarat tables raised their HE by offering 'Tiger' tables (a B hand winning by a 6 point is payed half the bet), so getting a 0.40% more edge on Banker winning bets.
A strong inversion after Dragon F-7 tables were introduced some years ago (lowering the B edge to almost 1%).
It's true that Tiger side bets are beatable via card counting, yet people continue to think that at those Tiger tables Banker is still the best bet to make, whereas it isn't by a 0.22% math worse edge.

Then try to estimate how's the 'fee' compared to the buy-in at incoming WSOP tournaments where best poker players are supposed to get the 'suckers' money: Before fee of course.
 
as. 
Baccarat is 99% skill and 1% luck

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