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The Chip Board Archive 16

MY MATH!

If I read some of that correctly the average $5 chip was costing the casino $1 to make! They were then able to take $4 as profit when it walked out the door! Total $ not a lot but boy I bet they wish they could keep 80% of what a gambler puts on the table on a regular basis.

Of course if that were true there would be no casinos, at least you'd hope no one would be willing to gamble at 5 to 1 against you! Am I way off on this figuring?

rofl rofl rofl

I used to be pretty good at figuring this stuff out and now that I am retired it's gone!

Messages In This Thread

Interesting statistics from Chipco website.
Re: Interesting statistics from Chipco website.
Re: Interesting statistics from Chipco website.
I am astounded that Chipco's customers let them
They pay taxes on a percentage
Pretty old data...
MY MATH!
Re: MY MATH!
OUCH! rofl

Copyright 2022 David Spragg