Desert Dog said:Cuzz -- what other games do these sort-of-casinos in Colorado offer and what limits on them? For example, are slot machines 25 cents only, etc?
Mr. Ed said:How do those CO places stay in business? Let's do the math: Say there are a lot of stupid players so the average house advantage is 5%. Say on average, there are 5 players per table. Say dealers can deal 50 hands/ hour. The casino brings in (5%)($5)(5)(50/hour)=$62.50/hour. That has to support the dealer, pit boss, security, shift manager, owner, pay the rent, lease the equipment, etc., etc., etc.,
It just doesn't make sense. There has to be something else going on.
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