Rakeback @ B&M - Finally!!

[Onaflag]

The owner of the local cardroom in town e-mailed me and wondered why I don't come in as often as I used to. Its a small room that spreads only 3/6 and 4/8. He suspects I play almost exclusively online and he's right.

I wrote back quite a lengthy and well thought out response basically showing how much it costs a recreational player like myself to play live small stakes. Its darn near impossible to beat the rake at 3/6.

I suggested a rakeback program whereby he pays 25% of the rake back to medium/high volume players. There is still the stupid jackpot drop and of course dealer tokes, but a reduced rake might get me to play more locally. I like the place and its an hour drive to the Bay area to play 6/12 or 8/16 which I'm not totally BRed for, so online SNGs it is.

He e-mailed me back this morning offering to pay back at the rate of $3.75 an hour. w00t!! I like it. It's not perfect, but it sure does help reduce the burden at 3/6 and 4/8.

Now, instead of paying the house $12 an hour to play, it will average $8.25. That might just be enough to make 4/8 beatable.

Just thought I'd share that.

Onaflag...........

Be interesting to know if you're in on the ground floor of a trend about to be set. Just realized something - hell, you've started it! We may owe you a big thanks! (no money, just my unwavering gratitude /images/graemlins/smile.gif )

I don't think this will become popular in most casinos. Vegas casinos would be stupid to offer rakeback as most of their clients wouldn't have a clue what the hell that is. Most high volume poker areas (Vegas, Cali, Atlantic City, etc.) would have that philosophy.

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I don't think this will become popular in most casinos. Vegas casinos would be stupid to offer rakeback as most of their clients wouldn't have a clue what the hell that is. Most high volume poker areas (Vegas, Cali, Atlantic City, etc.) would have that philosophy.

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If most of your clients don't know what the hell it is, isn't that a good reason TO offer it? You get the benefit of marketing it to people who know what it is and the benefit of not giving it out to everybody and their brother automatically.

No, my point is that they don't need to offer a supply when there is already enough demand. They won't get extra tables going by offering rakeback. They will only lose money to the players who already play a lot and will take advantage of this offer.

[mostsmooth]

dont i already get like $2 an hour back already at the borg?
doesnt the taj pay even more than $2?

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dont i already get like $2 an hour back already at the borg?
doesnt the taj pay even more than $2?

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Please elaborate.

[mostsmooth]

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dont i already get like $2 an hour back already at the borg?
doesnt the taj pay even more than $2?

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Please elaborate.

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oh wait, you guys dont count comp dollars as money?

[jba]

congratulations, you just invented being a prop player.

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dont i already get like $2 an hour back already at the borg?
doesnt the taj pay even more than $2?

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Please elaborate.

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oh wait, you guys dont count comp dollars as money?

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Thanks for the elaboration. It actually isn't that much at most places.

At Wynn for example, I get $1.50 an hour if playing in the higher stakes games and $1 and hour for lower. When I use a comp and order a chicken ceaser salad or something, it is proper to tip the runner money for getting you the food so you are also paying for a little on your comps. Also, each comp they give is a set amount, so even if you spend less than $15 a Zoozoo for example, they take $15 dollars off.

Not like any of that matters anyway because the red card computer system at Wynn is completely effed up anyway. I think I have -$100 or something.

[mostsmooth]

i see
borg is $2 an hour for 10-20 and up.
im not sure what taj is, but i remember hearing something like $3 or even $4 for some of the higher games.
borg only takes what you spend, and from what i understand, if you get a $10 comp at taj and only spend $5, $5 goes back onto your account (but i cant verify this, perhaps somebody else can)

No he didn't. Being a prop player involves playing when the house tells you to play at the game the house tells you to play. The OP can play whenever he wants.

Which casino?

[Onaflag]

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No he didn't. Being a prop player involves playing when the house tells you to play at the game the house tells you to play. The OP can play whenever he wants.

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Yeah, I don't view it as anything but rakeback. Remember, this isn't a huge casino with lots of tables. Its a small typical local California cardroom that only spreads small stakes. If there were bigger games where rake doesn't have such a dramatic affect on your total nut, I'd probably scrape together the BR for 6/12 or 8/16.

So from his perspective, if he is indeed losing players to online offerings, which obviously is not the case with large Vegas casinos, but is indeed the case with me and several others who play there, then it is a profitable decision.

I can personally make or break a table. If it is 6 handed and I decide to get up and go home to play online, the table is in danger of breaking and there goes his $100 an hour for that table. Granted, this should only be extended to loyal customers who play I'd say 70+ hours a month and not a sign on the door saying, "Sign Up For Rakeback Today!" That wouldn't make sense I don't think. Or would it? Vegas casinos offer comps, sure, but is it in the form of cash or just "Bonus Bucks" you can use to pay for stuff at the casino. I think there is a difference.

Anyway, we'll see how it goes.

Onaflag...........

[Onaflag]

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Which casino?

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Comstock in Tracy, Ca. Small. Three hold'em tables and two BJ tables. Everybody usually knows everybody else. Kind of that Cheers feeling during the week, but gets pretty nuts on the weekends.

Onaflag...........

[Riddler]

Hey Larry David and mostsmooth----

You have the best little picture thing below your names.

Just wanted to give you some props

[Bulbarainey]

you sir, are a pioneer! it doesnt happen to be Angie's your playing at is it?

[mostsmooth]

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Hey Larry David and mostsmooth----

You have the best little picture thing below your names.

Just wanted to give you some props

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i deserve no credit, somebody else posted a big list of avatars, this was one of them. /images/graemlins/cool.gif

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Hey Larry David and mostsmooth----

You have the best little picture thing below your names.

Just wanted to give you some props

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i deserve no credit, somebody else posted a big list of avatars, this was one of them. /images/graemlins/cool.gif

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Same here.

[MicroBob]

I saw an ad in CardPlayer for some room in California (I think) that is 'paying their players to play'.

It started gradually with something like $50 for 40 hours of play...and eventually worked up to $5000 if you played 1000 hours.
It looked like there were no restrictions on what stakes you needed to play to get the bonus.
Sorry i don't remember the name of the room...I've never played in California before so they are all pretty much the same to me.


Not sure whether other rooms have done similar before but wouldn't be surprised.
This room obviously just wants to get players in the door to get/keep their games going.