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#1
06-28-2005, 10:18 PM
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I love Turning Stone, but they know they\'re the only game in town
So I stop into the Stone for a little NL action on my way back up to school -- and lo and behold, they've raised the rake again.
They've made major changes to the rake structure twice in the last three months, and they keep rearranging the games. The 200max NL game, for example, has had four incarnations since March: 1/2 blinds where they take $3 per pot, 2/5 blinds where they take $5 per half hour, then 1/2 blinds where they take $5 per half hour, and now 1/2 blinds where they take up to $4 per pot. The troubling part of this is not that they raised the rake, but the fact that they can do so with little to no consequence. If a casino in Vegas or AC decided to start raking $6 per pot at a 1/2 NL game, everyone would cross the street and play somewhere else -- but if Turning Stone decided to do just that, they'd probably still have lines out the door. I can't even say for sure that I'd stop playing -- the games would still be profitable! Capitalism, it is -- but is there anything to be done? If casinos started paying 34:1 instead of 35:1 on a roulette spin, for example, how many people would actually stop playing? -dB 
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#3
06-28-2005, 10:21 PM
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Re: I love Turning Stone, but they know they\'re the only game in town
[ QUOTE ]
People play 6:5 bj without any qualms. [/ QUOTE ] LOL, where the hell do they have that? -dB EDIT: Unless (the obvious case) you're talking about the actual odds of placing a bet -- and of course, all of the casino games are biased for the house. The question is how far they could push the current balance before people stopped playing.
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#4
06-28-2005, 10:29 PM
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Re: I love Turning Stone, but they know they\'re the only game in town
[ QUOTE ]
[ QUOTE ] People play 6:5 bj without any qualms. [/ QUOTE ] LOL, where the hell do they have that? [/ QUOTE ] every single casino on the las vegas strip offers single deck blackjack that only pays 6:5 for a blackjack. sucker game.
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#5
06-28-2005, 10:57 PM
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Re: I love Turning Stone, but they know they\'re the only game in town
I was at Tstone for the past 2 days, and was also very surprised by the structure changes, and though to myself were will it end. Then after realizing how busy they were on a weekday, maybe it wont end.
The NL 100 max which is the only nl that runs Monday, and Tuesday, with out a lot of interest in 200, is packed with old tourist, and young dumb as rocks college kids (at least when it comes to poker). The game is very profitable, maybe as profitable as foxwoods 100 max, but The rakes getting out of control. I would say maybe 6 players at the 4 tables running 100 max, actually understand the rakes effect on profits, that and the monopoly over poker in the area, and gambling in general guarantees it success. I will be making an in-depth trip report tomorrow to much to write to do it tonight. But the game has defiantly increase in profitability even with the rake. (at least since the last time i visited 4 months ago.) and I will be returning soon.
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#6
06-28-2005, 10:58 PM
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Re: I love Turning Stone, but they know they\'re the only game in town
[ QUOTE ]
Capitalism, it is -- but is there anything to be done? [/ QUOTE ] It's not true capitalism... they have a government-granted semi-monopoly. It's not like any joe schmoe can open up a casino next door.
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#8
06-29-2005, 12:01 AM
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Re: I love Turning Stone, but they know they\'re the only game in town
I was a the 100 max game last saturday. I agree completely, this game is SOFT.
The casino is getting piggy with the $4 rake, but this game was easily beatable.
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#9
06-29-2005, 12:18 AM
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Re: I love Turning Stone, but they know they\'re the only game in town
There chrarging 6 a hand? Last I heard it was capped at 4 dollars.....Either way back when it was 5 dollars a half a hour on 1/2 NL that was brutal I thought but not as brutal on the 2-5 NL, I havent played the new rake structure yet beacuse I have not been out there in a while...dosent sound that bad to me though.
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#10
06-29-2005, 01:18 AM
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Re: I love Turning Stone, but they know they\'re the only game in town
i'm headed down there the 17th with some buddies (most of them are completely awful) and we are planning to play the $100 NL tables... in regards to the rake I think the $4 per pot will be a hell of a lot better than the $5 per half hour... especially with my TAG style: i like to wait it out and the $10/hr would get real expensive
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