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Old 06-04-2007, 11:45 AM   #1 (permalink)
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Default Full Tilt's Quiet Lion banned from the WSOP

..for playing video poker. wtf?

http://www.brodietech.com/liontales/200 ... mpire.html
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Old 06-04-2007, 11:58 AM   #2 (permalink)
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Well that's pretty stupid. Why the hell would they bar him from playing poker? Ok, stop him from playing video poker, I guess it's their right but it doesn't seem like good business, but live poker is just money out of their pocket.
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Old 06-04-2007, 12:12 PM   #3 (permalink)
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That is just strange and I imagine there is more to the story.. In any case, this will be horrible Page Ranking for the casino..
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Old 06-04-2007, 01:03 PM   #4 (permalink)
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Wow, if this is true as written it blows my mind. Just wow.
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Old 06-04-2007, 09:14 PM   #5 (permalink)
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What the hell.

I am confused.
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Old 06-04-2007, 10:04 PM   #6 (permalink)
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Quote:
Originally Posted by Terminal
Well that's pretty stupid. Why the hell would they bar him from playing poker? Ok, stop him from playing video poker, I guess it's their right but it doesn't seem like good business, but live poker is just money out of their pocket.
It's difficult, and possibly illegal to do that. Certainly they can ask him to leave and deny his custom, but it'd be a lot stickier barring him from certain games. I can't really see the gaming commission supporting casinos barring people from select games either. It's an all or nothing thing.

As to why they don't want him, it's simple economics. The perks they pay out to him far outweigh the house advantage. If they eliminated comps, they'd lose him and other customers too. It's better to just cut off the advantage players. It isn't really that uncommon.
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Old 06-05-2007, 07:57 AM   #7 (permalink)
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Quote:
Originally Posted by caffiend

As to why they don't want him, it's simple economics. The perks they pay out to him far outweigh the house advantage. If they eliminated comps, they'd lose him and other customers too. It's better to just cut off the advantage players. It isn't really that uncommon.
It would be simpler economics not to give him comps. They are not required to do so. You are probably right they can not bar people from certain games, as you say, it's probably all or nothing. If it is his comps then don't give him any. He may not come back there if they stop, but he is certainly not going to if they bar him.
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Old 06-05-2007, 08:02 AM   #8 (permalink)
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So, the casino got sucked out on and decided that they couldn't beat him at house games. WTF?
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Old 06-05-2007, 10:22 PM   #9 (permalink)
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Quote:
Originally Posted by Eruu
So, the casino got sucked out on and decided that they couldn't beat him at house games. WTF?
Not exactly. The casino has to comp patrons at a competative rate. I mean, are you going to play at the only place in town with no perks? Similarly, they have to offer certain games based on public demand. In any of these games, there will be bets with a vanishingly small house advantage.

The problem for them is that with perfect play the value of comps exceeds the expected winnings. Normally the casino doesn't care about that because of the law of averages. For everyone who turns a profit there are several people losing. They do begin to care when the stakes get high though. Now you need a lot of losers to make up for that.

Opinions tend to differ on what's a fair way for casinos to protect themselves from advantage players. It's fair to say that many people express them without considering that the casino needs to consider the local market and gaming commission. Personally, I have no idea what regulatory and market problems they have. I do know it isn't always practical to adjust the paytables or comp rates to avoid issues. While it's somewhat shitty to be shown the door, I think that's also a risk you run when only playing at an advantage.
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Old 06-06-2007, 12:58 AM   #10 (permalink)
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Quote:
Originally Posted by caffiend
Not exactly. The casino has to comp patrons at a competative rate. I mean, are you going to play at the only place in town with no perks?
As far as I'm aware, many professional poker players do not get comped at a comparable rate to the leisure player. Don't take my word for that.

The other thing, of course, is that they don't have to comp them at all. There's no obligation to comp. If that was the issue, the casino can simply not comp the player, and eventually the player will decide if he wants to continue at that venue.
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