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Why Caesars Palace is so beautiful--and it wasn't the Teamsters!
03-19-2009, 08:59 AM
Post: #1
Why Caesars Palace is so beautiful--and it wasn't the Teamsters!
As an amateur dealer you can see even with "funny money" the differences in players. I can tell skill level in 3 hands or so--no kidding, that is all it takes. Some people bet to basic strategy to max winnings. Some just want to have fun. Some are grinders who want to win a few bucks. And some seem determined to lose!

To me, fun is winning cash. And beyond that, I hate the term "win" and am trying to use "earn." But lets take the tale of two players at an upstate NY Indian Casino recently. And you can guess whichone I was!

Player #1, a conservative but good-looking guy, looks for the blackjack machine. He sits down and plays, betting basic strategy and a nice, progressive betting system. His buddy sees his play and stakehorses him $50. He plays tables then, passline with full odds at craps and basic strategy blackjack. He doesn't even look at another game. At one point is up $50 but ends up walking up $10 partly by mixing 2 of the three Bs when he shouldn't. (booze, broads, bets) Still good entertainment.

Player #2 is a little wilder. While player #1 grinds some winnings out of another blackjack machine, player 2 wins $179 at slots. But then player #2 hits machines left-and-right. Player #2 makes the statement "I'm not leaving here with winnings!" And he didn't! He dropped the whole thing back.

So, now you know why Caesars Palace can be built so fancy! So many player 2 types.

As a backup to this, I suggest reading "Super Casino" which is the story of the Circus Circus corporation and more specifically the Luxor. Anyways, one of the Circus Circus founders (the corporation, not Jay Sarno) made his machines super-loose. $1MM was won! Want to know how much of that made it out the door? $3M! The rest was spun back off!
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03-19-2009, 10:58 PM
Post: #2
RE: Why Caesars Palace is so beautiful--and it wasn't the Teamsters!
(03-19-2009 08:59 AM)AZDuffman Wrote:  To me, fun is winning cash.

Agreed Big Grin

(03-19-2009 08:59 AM)AZDuffman Wrote:  Player #1, a conservative but good-looking guy...

Big Grin

(03-19-2009 08:59 AM)AZDuffman Wrote:  Player #2 is a little wilder. While player #1 grinds some winnings out of another blackjack machine, player 2 wins $179 at slots. But then player #2 hits machines left-and-right.

I see this happen all the time.

(03-19-2009 08:59 AM)AZDuffman Wrote:  Player #2 makes the statement "I'm not leaving here with winnings!" And he didn't! He dropped the whole thing back.

So, now you know why Caesars Palace can be built so fancy! So many player 2 types.

I heard statements like that. While some are only joking, others really mean it Sad

(03-19-2009 08:59 AM)AZDuffman Wrote:  As a backup to this, I suggest reading "Super Casino" which is the story of the Circus Circus corporation and more specifically the Luxor. Anyways, one of the Circus Circus founders (the corporation, not Jay Sarno) made his machines super-loose. $1MM was won! Want to know how much of that made it out the door? $3M! The rest was spun back off!

Thanks for the suggestion. I think all the Casino bosses could write a similar book or two. Wink

"Depend on the rabbit's foot if you will, but remember it didn't work for the rabbit." - R. E. Shay
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