low limit tables on the rise!

[blackchipjim]

low limits

I was just amazed at the downward trend of table limits. The house take on fiver tables is miserable and lower is worse. I was under the impression that the ten dollar min. is the limit the casinos can make a slight profit anything else is a loss. This is good for us and bad for them but who cares. The lower limit tables allow me to play with a big spread and make some decent profit with little ror. blackchipjim

 

[hawkeye]

I went to Gila River in Phoenix last weekend in the morning. They had 5 $10 tables with no players, 2 $25 tables with no players, and one $5 table full of players. I asked the Pit Boss if they would change one of the other tables to $5 and he said no.

 

[Mimosine]

The house take on fiver tables is miserable and lower is worse. blackchipjim

i've always wondered if their is a correlation between betting level and ability. i mean in a broad measurable sense. i'm sure casinos know their players and that is why they keep X number of $Y tables open, even if they are all empty and all the low limit tables are over full.

i've seen horrible plays at all levels of the game, but at the $10 and $5 level, are players the worst? anecdotal evidence says yes as the $25 snoblies (i.e. snobish ploppies) say "i can't stand to play at $5 tables because no one knows what they are doing."

does anyone know the answer?

 

[jimpenn]

Low Limit BJ Tables & "Scared Money"

I'll bet more hard 16's/10 hit at $3.00 tables. People have a tendency to remember they won the $250 at the local casino a week ago. "It only takes one shoe." ? Thinking back, I believe the amount of money I won in winning sessions this past year (during the sessions) came mostly from one shoe. What does this mean? I don't know. I do know that people who can't find a seat at their normal, comfortable $5.00 Table lose more when moving up to $10-$25 playing with scared money, and bkackjackjim is smart lurking and playing the 3's waiting for the golden shoe. Sort of like going fishing. $3.00-$200/250 Limit... Spreading to $80 (Steam...LOL) is a lot easier and attracts a lot less attention then a similar $25min. You just have to have the patience to sit through 40 hands/hour listening to people who are first time players and want to learn the game through the dealer ASAP.

 

[ChefJJ]

i've always wondered if their is a correlation between betting level and ability. i mean in a broad measurable sense. i'm sure casinos know their players and that is why they keep X number of $Y tables open, even if they are all empty and all the low limit tables are over full.

i've seen horrible plays at all levels of the game, but at the $10 and $5 level, are players the worst? anecdotal evidence says yes as the $25 snoblies (i.e. snobish ploppies) say "i can't stand to play at $5 tables because no one knows what they are doing."

does anyone know the answer?

I don't have any statistics, but anecdotally I'd say you're probably right. Although there are plenty of green-chip numbsculls out there.

As far as being a recreational AP, working the $5 and $10 tables can be good. You obviously stand to gain less spreading $5 - $50 or $10 - $75, but if it's only a hobby, why not?

good luck

 

[21forme]

Yes, there are numbskulls playing all limits.

Recently I saw a guy at a $10 table, flat betting table max - $1K each hand. Besides his stupid plays, he was at an 8D H17 table. If he moved about 100 ft, he could have been at a 6D S17 table.

 

[eps6724]

i've always wondered if their is a correlation between betting level and ability.

If I didn't know you from other posts, I'd almost be insulted! I play the $3 and $5 tables right now (wonging in the occasional $10 if it offers surrender), and stick the wins in a pouch that I have, and play from it. That way I in no way chance any loss of the mortgage money! A few more months, and without a bad swing, I'll be ready to boost my play. And not until! I've read WAAAAAY too many posts from people here who over played their bankroll.

Maybe someday I'll be spreading blacks, but not until it's there for me! Right now $3-60 is fun, relatively stress-free, and a great way for me to practice all aspects and focus on where my problems are and mistakes I make instead of worrying about how much money I am up or down until the end of my time of play.

So, God Bless the low limit tables!

 

[sagefr0g]

...
So, God Bless the low limit tables!

ahmen brother.

 

[N&B]

Seen lotsa crash-test dummies at $25 and $50. Most leave busted within 1 hour. Just split 9-9 vs Ace, and see what happens. "What... dealer stands soft 17 !, gotta split'em, right?"

 

[EasyRhino]

Seen lotsa crash-test dummies at $25 and $50. Most leave busted within 1 hour.

It does seem that the average number of "units" brought to a table tends to shrink as the average bet increases. Not universally or dramatically, but people seem more short stacked. It's not often that you seem someone pulling pile after pile of cash while getting creamed at a table. And if you do see it... make sure to say hi to me.

 

[shadroch]

I was just amazed at the downward trend of table limits. The house take on fiver tables is miserable and lower is worse. I was under the impression that the ten dollar min. is the limit the casinos can make a slight profit anything else is a loss. This is good for us and bad for them but who cares. The lower limit tables allow me to play with a big spread and make some decent profit with little ror. blackchipjim

I hadn't really given it much thought before,but I'd say that a very large percentage of people that sit down at El Cortezs $3 table lose their entire buy-in.Since many only buy-in for $15-$40,they aren't funded to withstand a severe jolt of variance. I'd venture that the hold percentage on low limit tables is much higher than on $100 tables.

 

[Blue Efficacy]

I hadn't really given it much thought before,but I'd say that a very large percentage of people that sit down at El Cortezs $3 table lose their entire buy-in.Since many only buy-in for $15-$40,they aren't funded to withstand a severe jolt of variance. I'd venture that the hold percentage on low limit tables is much higher than on $100 tables.

I see lots of blue hairs throw away $21 at the 3 dollar tables around here.

 

[Mimosine]

If I didn't know you from other posts, I'd almost be insulted! I play the $3 and $5 tables right now (wonging in the occasional $10 if it offers surrender), and stick the wins in a pouch that I have, and play from it.
So, God Bless the low limit tables!

i was referring to UNSKILLED players.

 

[mvi222]

re:California minimums

back to the matter at hand. yes lower limits are everywhere to be found out in the west. California Indian Casinos have lowered limits quite a bit. $5 tables are everywhere now.

one joint use to be $10 mins, now has 5, 10, 15, 25 and i was told 3 mid week early early am. casinos have been packed.

Have you been to Cache Creek? I stopped going because the table minimums were $15 on a weekday and overall the place seemed out of line with Reno's standards. I prefer to drive an extra 2 hours and get a fair(er)shake. I've been successful at the Peppermill ($5 min) Sienna and Boomtown.