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Poker Discussion
General Poker
Is 1/2NL very profitable for casinos?
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[QUOTE="OzExorcist, post: 2415132, member: 23910"] I'm not saying it's impossible, but that's a very high figure for a live game. IIRC my local casino only looks to average about 20 per hour, and that's in games that use a 30-second shot clock. At the right stakes sure - but they can [b]lose[/b] that same $2,500 in five minutes on the same blackjack table too. If you're talking about $2500 as an average or expected return, then you need to look at the house edge. House edge on blackjack varies depending on the house rules and how skilled the player is, someone else probably knows better than me but I think it's usually around 3% assuming an average-not-awful rule set and a player that knows basic strategy? At that rate if the casino expects to make $2500 from a blackjack table (over any given period), it means it's expecting the player(s) to make something in the order of $85,000 worth of bets. That's going to either take some pretty high stakes, or a really long time... [/QUOTE]
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Is 1/2NL very profitable for casinos?
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