Pro Parlor Question
Posted: Sat May 09, 2009 9:52 am
Let\'s say a pro in Japan is playing casino-style games at parlors in order to make money.
Garthe mentioned that he sometimes goes to high rate parlors: are the rates at such places higher than 1000 yen per 1000 points?
Moreover, is it actually worth playing at these high rate parlors? While there is clearly greater potential for making money, I would assume that the level of competition is considerably higher than at a lower-rate parlor. No matter how good you are, you\'d presumably always have a greater edge among the low-rate crowd. Is the payoff/challenge ratio at high-rate parlors attractive enough to warrant playing there, from a financial point of view? Or would you be better off hunting average opponents at your average parlors, and winning much more?
No point playing for twice the stakes if your edge is cut in half, for instance! It cancels out.
Finally, do all places take a rake on top of table fees?
EDIT: I meant 100 yen per 1000 points. Typo!
Garthe mentioned that he sometimes goes to high rate parlors: are the rates at such places higher than 1000 yen per 1000 points?
Moreover, is it actually worth playing at these high rate parlors? While there is clearly greater potential for making money, I would assume that the level of competition is considerably higher than at a lower-rate parlor. No matter how good you are, you\'d presumably always have a greater edge among the low-rate crowd. Is the payoff/challenge ratio at high-rate parlors attractive enough to warrant playing there, from a financial point of view? Or would you be better off hunting average opponents at your average parlors, and winning much more?
No point playing for twice the stakes if your edge is cut in half, for instance! It cancels out.
Finally, do all places take a rake on top of table fees?
EDIT: I meant 100 yen per 1000 points. Typo!