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Casinos profit



Posted Thu Jan 04, 2007 1:20 pm GMT by cachinghomer
First of all thanks for answering my newbie question a couple days ago with no sarcasism.

I have never played at a casino but will real soon. The question I have is how does the casino make their money off of me. Do they get a cut of every pot?

feel free to email directly

imcachinghomer @ yahoo. com


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Posted Thu Jan 04, 2007 1:25 pm GMT by Sean_in_NJ
Every pot is raked, meaning the house takes a cut. It's no different than an online game, except the live rake is usually higher. 10% capped at $4 is pretty standard.


Posted Thu Jan 04, 2007 1:36 pm GMT by Ensano
also some casinos will charge a fee instead. where you have to pay like say 5$ every hour to play. One casino I was in we had to pay 5$ every time the dealer changed. Needless to say I don't go there much.


Posted Thu Jan 04, 2007 3:05 pm GMT by Sid Lambert
in cash games (you can sit down and get up at any time) they take 10% w/ a cap....in tournament games, they take a fee, generally a tourney will cost you something like $100 plus a $10 fee...also they hope to get you drunk so you give away some chips at table games which are always in favor of the house....or better yet, slots...


Posted Thu Jan 04, 2007 5:34 pm GMT by Geno
Sid Lambert wrote:
....or better yet, slots...

You misspelt sluts again Sid.



Posted Thu Jan 04, 2007 6:09 pm GMT by Sid Lambert
mmm...freudian sluts...er slips


Posted Thu Jan 04, 2007 6:12 pm GMT by Sean_in_NJ
Sid Lambert wrote:
mmm...freudian slits...er slips


fyp






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