Thread: Texas Hold’Em
View Single Post
 
Old 07-30-2021, 12:36 PM
DaddyD DaddyD is offline
Senior Member
Join Date: Mar 2018
Posts: 169
Thanks: 2
Thanked 112 Times in 62 Posts
Default

Quote:
Originally Posted by giorgio1948 View Post
Why don't you enjoy playing there?
Due to the 10% rake up to (I think) $5 on every hand, plus the $2 they take from every hand for the high hand promotions, plus dealer tip, in my opinion the low limit games that I play are (in the long run) unbeatable.

Assume the average rake per hand dealt is $4, plus $2 they take for the high hand promotion, plus another $1 for dealer tip, that's $7 per hand. If a dealer is able to deal 30 hands per hour (a reasonable assumption) that means that $210 is being taken off the table each and every hour you play, regardless of whether you are winning or losing against the other players.

I understand that I am gambling and I am OK with losing money. However, I'm not OK with being virtually guaranteed to lose money due to an excessive rake. I know lots of players really like the high hand promotions, but mathematically-speaking, it is a bad deal for players.

At least in Vegas and most other casinos, poker players earn comps based upon the total # of hours they play, as well as free drinks and often free food as well.

At Oxford Downs, they don't even offer players free water, soft drinks, or coffee! How much does a cup of coffee or a soft drink cost management--five or ten cents a cup?? That's just beyond cheap! And if the reason they don't offer free drinks is because they are forbidden by Florida State law to offer free drinks, that's fine, but they could sell drinks for a nickel or $0.25 or whatever. Same for cheap hot dogs, etc..

But unfortunately they don't have any competition in the area, so they don't have to.