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NL Live tables only in Niagara?

luckystrikeluckystrike
in Brick & Mortar Casino Talk
Just wondering where else they have em so I don't have to make the trip all the there every time

Comments

  • AcidJoeAcidJoe
    Speaking as a gambler I love NL tables. Now speaking as a casino owner here's why I don't want them. Very quick turnover means lower rake overall. 3 hands in some dude goes all in.... loses..... rebuys for a buck. 7 hands later is out again. leaves. Now he plays limit he loses the same $200 over 3 hours wins a few pots and my rake is larger cuz he's in more hands. I have full tables all the time. As a casino operator why would I want that? I want my customers there for a long time and continuously losing. Maybe after 2-3 hours he rebuys again for another buck or two. but after 30 minutes being out 200 he's done.
  • luckystrikeluckystrike
    yea i agree, i understand why a casino would rather have limit tables, plus NL tables get quite crazy, dealers go nuts....... but nonetheless...... they only avail in niagara?
  • sincsinc
    windsor also has them
  • WonkoTheSaneWonkoTheSane
    AcidJoe wrote:
     Very quick turnover means lower rake overall.  3 hands in some dude goes all in.... loses..... rebuys for a buck.   7 hands later is out again.  leaves. 


    Correct me if I am wrong but at Niagara at the 1-2 NL table ($100 buy in) there is a $6 session fee every half hour, which at a full table amounts to $120 per hour. At a 2-4 Limit table, (where I would say a $100 buy-in is the norm), the rake is 10% to a max of $5, based on playing at these tables I usually find that most pots are in the $40 range, therefore the actual rake is more like $4 on average. I read somewhere that most live tables deal 25 - 30 hands per hour, so at $4 per hand you are looking at a rake of about $100-$120 per hour, which is pretty close to the NL session fees.
  • compueasecompuease Admin
    I play the 2/4 tables at Niagara a couple of times per month and you are right, the average rake is probably close to what you calculate. However the difference is, if you are a tight player, which I normally am, you will contribute less but if you are a loose player, ie play a lot of pots, you will contribute more. If I was playing NL, I might only play 1 hand per hr to showdown, so it better be a good hand and I better win it to make it pay to play NL. I would suspect that most players, except perhaps the tight ones are losing money in the long run playing in a casino environment. That 10% rake almost guarantees it. Those who dispute it are probably just deluding themselves. All of this assumes you are playing in a raked environment, for those playing rake free, then some do make money on a consistent basis... I doubt that more than 10% of the players out there actually make money playing poker in the long run, ie more than a year or two. Jeff..
  • ScottyZScottyZ
    Correct me if I am wrong but at Niagara at the 1-2 NL table ($100 buy in) there is a $6 session fee every half hour, which at a full table amounts to $120 per hour. At a 2-4 Limit table, (where I would say a $100 buy-in is the norm), the rake is 10% to a max of $5, based on playing at these tables I usually find that most pots are in the $40 range, therefore the actual rake is more like $4 on average. I read somewhere that most live tables deal 25 - 30 hands per hour, so at $4 per hand you are looking at a rake of about $100-$120 per hour, which is pretty close to the NL session fees.

    I agree with your calculations.

    Both of these hourly drops are extremely brutal relative to the stakes.

    ScottyZ
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