Table Games Monitoring
Written May 22, 2008 by Jack Jones
Monitoring the table games is difficult for a single pit boss because he’s trying to keep his eyes on as many players as possible, but he can’t track every single player in every game. He also has to worry about changing the decks and dice, cleaning up spilled drinks, and he’s also probably distracted by other things going on. That is why the RFID chips to help monitor players are going to come in handy.
When casinos compute comps they use a reward system for worthy play, which is betting a decent amount of money over a certain duration that allows them to give you something extra like a free dinner.
The mathematical formula used normally factors in the average bet, the hours of play, speed of the game, and the house’s advantage. This, in theory, computes essentially what your expected loss is to the casino over the time you have played.
Let’s look at an example to clarify. If I bet $20 a hand for three hours, averaging 100 hands per hour, coupled with a house advantage of five percent the casino holds over the average blackjack player, the casino can predict in advance that you should lose $300 ($20 X 3 hrs. X 100 hands X .05 = $300) of the $6,000 wagered over that time period.
Losing $300 bucks should certainly get you a trip to the buffet, so long as you ask to be rated. Unfortunately too many players don’t ask for such a thing, and miss out on a little something extra to help ease their losses.
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