From what I understand, there are the corporate knighted gaming guys, but also, anyone with 30k off the street can bank the 2 card, ultimate texas hold em, pai gow, 3 card, and other poker variant games.
I would be willing to actually sit there for you.
is this the kinda shit they do at some places in LA where players aren't allowed to play against "the house", but people take turns being the house or something like that...Originally Posted by michael
seems like if you have deep enough pockets you could get a nice little run going as the house at stakes that are $25 max bet and less...
Yeah. So there's some rule against the casino being the actualbank or whatever, so this compnay has a guy sit there, do payouts out of their pockets/racks for the winners, and player losses go to the bankers. House just rakes the bets.is this the kinda shit they do at some places in LA where players aren't allowed to play against "the house", but people take turns being the house or something like that...
seems like if you have deep enough pockets you could get a nice little run going as the house at stakes that are $25 max bet and less...
I don't know what it's like in different counties, but anyone with 30k I believe can just sit and be the banker. I know a guy from south florida banks the 3card game fulltime (has a local players actually oversseing it) and a cpl of players do it.
interesting...seems like it would be a good game for a retiree to fuck around with...Yeah. So there's some rule against the casino being the actualbank or whatever, so this compnay has a guy sit there, do payouts out of their pockets/racks for the winners, and player losses go to the bankers. House just rakes the bets.
I don't know what it's like in different counties, but anyone with 30k I believe can just sit and be the banker. I know a guy from south florida banks the 3card game fulltime (has a local players actually oversseing it) and a cpl of players do it.
what kinda cut does the house take?
It looked from a glance and sitting a few times, $2 under 100, $5 over? Trying to find info on their siteinteresting...seems like it would be a good game for a retiree to fuck around with...
what kinda cut does the house take?
interesting shit...as long as you didn't have to bank any progressive or jackpot type deal like they have with shit like pai gow doesn't seem to be that terrible of a deal...unless I'm missing something it sounds like youre running your own casino and paying a little vig to do so...as long as you don't run into somebody betting huge that can wipe you out you could really make out...
can you refuse action to someone in this kinda gig? like if somebody came in and started betting $1K per hand while everybody else was betting like $10-15...
You can pick your table. I think the small tables are min bet 5 max bet 500.
Then there's min bet 25, i forget max bet, but usually only one table of that, and usually just pai gow.
Jacksonville doesn't even offer progressive on pai gow.
I don't think you can refuse a wager though
what's the bank's edge on the games?You can pick your table. I think the small tables are min bet 5 max bet 500.
Then there's min bet 25, i forget max bet, but usually only one table of that, and usually just pai gow.
Jacksonville doesn't even offer progressive on pai gow.
I don't think you can refuse a wager though
i've never heard of this. Missouri gaming would NEVER approve something like this
reading this looks like 2.5%, then you have to subtract the vig you pay the house...what's the bank's edge on the games?
i've never heard of this. Missouri gaming would NEVER approve something like this
https://wizardofodds.com/games/pai-gow-poker/
not terrible for a 5-500 game...as long as you weren't getting fucking hammered with multiple 4 figure wagers (like you might on the $25 and up tables) doesn't sound too terrible...variance will suck when you get fucked by a max player at those stakes, but comes with the territory...
I think some of the other games the bank has an even bigger edge.reading this looks like 2.5%, then you have to subtract the vig you pay the house...
https://wizardofodds.com/games/pai-gow-poker/
not terrible for a 5-500 game...as long as you weren't getting fucking hammered with multiple 4 figure wagers doesn't sound too terrible...variance will suck when you get fucked by a max player at those stakes, but comes with the territory...
Pai Gow, One card, and ultimate texas hold em seem to be the most popular ones in jacksonville though.
Slots and gambling games aren't allowed in jax, but they convinced them that these are poker variant games, and therefore are games of skill (lol one card skill)
i was looking for more exact math. i figured it had to be out there, somewhere. The edge of each game minus the rake, avg bet, how many hands per hr, how much the "dealer" is paid, etc.I think some of the other games the bank has an even bigger edge.
Pai Gow, One card, and ultimate texas hold em seem to be the most popular ones in jacksonville though.
Slots and gambling games aren't allowed in jax, but they convinced them that these are poker variant games, and therefore are games of skill (lol one card skill)
"when you come to pfa asking for an investment you need to know your numbers, and because of that and the fact i don't have $30k....I'M OUT"
You can do it because of fucked up Florida law. You can play a game against other players (ie poker), but you can't play against the house (ie blackjack). So they get around this by having you play house games against other players and then you pay the house a percentage of every bet (rake). The house is taking like 4% (depending on the room). Like every room in Florida has this nowwhat's the bank's edge on the games?
i've never heard of this. Missouri gaming would NEVER approve something like this
TRUMP 2024!
Yup. We got a guy in the palm beach kennel club who is "dealing" 5-6 tables of different poker games. They actually had to change the rules of the three card poker game because the state couldn't wrap its head around paying out a pair plus bonus if you had a flush bust lost the hand to the dealer who had a straight. So now unlike cruises you need to actually win the hand if you have a bonus hand in order to get paid but if you win with the three of hearts they pay your triple (this supposedly puts the overall odds back in check).
The whole thing is bullshit though because only one guy is running the whole thing. We got 1-2 guys who also want to deal but were told no. They have gone to the gaming people to get clairity as to why they are not being allowed to deal and only this one guy is.
think the way you'd figure out this would be to figure out the table drop (how much the table buys in for) and multiply that number by like 18%...I think that's a rough estimate of pai gow hold...my way of doing this could be off since I'm trying to purge all the shit from the evil empire from my mind...i was looking for more exact math. i figured it had to be out there, somewhere. The edge of each game minus the rake, avg bet, how many hands per hr, how much the "dealer" is paid, etc.
"when you come to pfa asking for an investment you need to know your numbers, and because of that and the fact i don't have $30k....I'M OUT"
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