Dumb Gambler's Luck Bleeding Casinos
I dabble in poker every once in awhile, almost in the same sense I might dabble in chess from time to time. Sadly, I can barely tolerate the game nowadays as some of the dumbest bets from those just learning to play the game are rewarded by sheer gambler's luck.
It seems as if I'm not the only one complaning: Gamblers played about $611 million at table games during the quarter, a 6.4 percent increase. The casino kept about 11.6 percent of that gambling money, nearly 5 percent less than it did during last year's quarter.
Table game revenues dropped more than 25 percent to $75.3 million in the third quarter from the year-ago period. Money on the table? That only encourages bad gambling IMO, because there are some folks who just don't mind losing a few bucks on the luck of the draw. It's the same theory behind those who play the lottery... when you don't have money, it's easier to blow it on scratch tickets or small dollar bets.
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