Posts Tagged ‘casino’
5. Another jackpot rule I don’t like is the requirement that a certain minimum number of players, usually four, be dealt in the hand to qualify for the jackpot. Why can’t two or three players play for the jackpot? This rule is based on management’s ignorance of the jackpot odds; I’ll explain why shortly. It’s completely arbitrary and not based on anything substantial.
6. There’s also the rule that says the winner’s hole cards must both play. This means that in the case of four aces, the winner’s kicker must be higher than any other card on the board. It’s a bad rule that probably wouldn’t withstand a Gaming Commission challenge, because it requires you to play six cards to make up your poker hand.
Why does the rule exist? To make it harder to hit the jackpot, and therefore to keep the jackpot big, so the poker room can use it to attract more players to play in games that they can rake.
7. The last rule that I have a problem with is the one that says that if the game is a little short-handed, and the players want a reduced rake, they then can’t play for the jackpot. In other words, the poker room manager will say, “Yes, you can play with a reduced rake (usually just $1 maximum), but then you’re ineligible for the jackpot.”
Of all the rules related to jackpots, this one’s the worst. In my opinion, it’s nothing but a scam that the poker room knowingly perpetrates upon the players. Why? Because there’s absolutely no relationship between the amount of money that the house rakes to meet its expenses and the side bet that the players make among themselves to put into a jackpot pool.
The jackpot money comes from the players and belongs to the players. It’s held in trust by the poker room for the players, and only a player can win any of that money. It is not related to anything else that goes on in the poker room.
So why does the poker room management tell you that the rake and the jackpot are connected? Again, it’s because they’re greedy. They know that most players will want to play for a jackpot if there is one.
Most players, when told that they can’t play for that jackpot if the rake is reduced, will change their minds and say, “Go ahead and leave the rake where it is. We don’t want to hit the jackpot and not win it just because we’re a little short-handed.”
Online Casinos US Players WelcomeTexas Hold Em Poker Poker Website
Poker Reviews Poker Tips
Tags: casino, four aces, poker, poker hand, poker room
Over the course of several years, they took thousands of dollars from the players, before the Mississippi Gaming Commission ruled that they could not continue to operate that way. In actuality, this money probably helped defray the costs of running the poker room, which is what the rake is designed to do. So, the way I see it, those players were getting raked twice.
Another incident happened when the Bayou Caddy Jubilee, in Lakeshore, Mississippi, closed its poker room while there were still tens of thousands of dollars in the poker jackpot. They took that money from the poker players and used it to inflate the size of some jackpots on selected slot machines. In other words, they took the poker players' money and gave it to the slot players. A group of poker players sued them over this incident; I don't know how the case was decided.
3. Some poker rooms make the jackpot exceedingly difficult to hit. They require that four-of-a-kind or better be beaten by a higher four-of-a-kind or better. The odds against this happening, especially if both players have to use both of their hole cards, are astronomical. So why do they do it?
Because they're greedy, that's why. When the requirements to hit the jackpot are ridiculously out of sight, it takes years for the jackpot to get hit. Meanwhile, the jackpot grows steadily, and the poker room management uses its size to attract more players. This way, they ensure that they have plenty of games to rake, which in turn ensures that the poker room makes a profit for management.
The poker room manager looks good to his bosses, and he's using your money to do so. When a jackpot takes several years to go over $100,000, who do you think is collecting the bank interest on that money? I promise you it's not you.
4. Some poker rooms have a rule that says they can take the $1 jackpot drop when the pot reaches $20, but the players are not eligible to hit the jackpot until the pot reaches $30. This means that if there is between $20 and $29 in the pot, you can't win the jackpot if it's hit even though you've already paid the $1.
Why does this rule exist? I've asked around and no one will give me a good answer. Logic tells me, therefore, that it's a device that poker room management uses to keep a jackpot from being hit as often.
It probably works, too, because at the lower limits a big portion of the pots are going to be between $20 and $29. It keeps the jackpot amount big, so they can use it to attract players. I believe it's probably an illegal rule, because it requires you to pay for something that you can't get. Imagine playing a slot machine with a progressive jackpot, always playing the maximum number of coins so you qualify for the jackpot, and when you finally hit it, having management tell you that you can't have the jackpot because it's not big enough yet!
Online Casino Poker Poker GamesOnline Casino Poker Live Poker
Tags: casino, poker, poker jackpot, poker room, slot machines