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Originally Posted by SniperSB23
Right, but a 4-fold progress on 4 percent takeout just equals 16 percent takeout. That isn't exactly bringing in the cash flow. I tried to play it as much as I could, even accidentally hitting it four times the one day but if it were not going head to head with Saratoga I would have played it a lot more with a lot deeper tickets.
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A 4% takeout head to head with a 25% takeout? In any other game, the savvy players would flock to the 4% takeout. If a remote Nevada casino offers a better blackjack game than Wynn or Bellagio, the best blackjack players will head for the good game, no matter how much nicer the ambience is at Wynn. A few years ago I heard of an excellent blackjack game in Pahrump, about an hour from Las Vegas. I was there the next day and stayed 3 days until the rules were changed. Smart video poker players think nothing of going across country for a good promotion. Pinnacle became the leader in offshore betting by successfully offering a lower vig. Good sports bettors, blackjack players, video poker players and live poker players seem to understand the importance of takeout much more than horse bettors do.
I know that takeout (or vig) is not the only thing that determines which play is more profitable. But when you are comparing 4% to 25%, then takeout has to be overwhelmingly more important than any other factor.
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Originally Posted by philcski
Up against Saratoga/Del Mar, Ellis (while a very bettable product) is a tough sell.
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Phil, I have a lot of respect for both you and Sniper. But this should not have been a tough sell to savvy bettors like you two.
--Dunbar