THE WORLD'S #1 POKER MANUAL - Card Games

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Poker Book, Professional and Public Poker Estimated money extracted per year by professional poker players --- $1,500,000 to $3,000,000 TABLE 34 HOUSE-COLLECTION SCHEDULE Stakes, $ (Public <strong>Card</strong> Clubs in Gardena, California) Approximate Half-Hour Collections $/PIayer * http://www.neo-tech.com/poker/part6.html (10 of 13)9/17/2004 12:24:17 PM Average Hourly Rates, $/Player 1-2 1.00 2.00 2-4 1.25 2.50 3-6 1.50 3.00 5-10 2.50 5.00 10-20 3.00 6.00 20-40 5.00 10.00 30-60 6.00-7.00 13.00 40-80 8.00 16.00 50-100 9.00 18.00 ---
Poker Book, Professional and Public Poker 100-200 10.00-12.00 22.00 * An extra $1-$2 is added to collections from lowball games with blind bets. Poker generates substantial profits for the club owners--even after subtracting business expenses, high taxes, and an annual payroll of over $8,000,000 (according to the Gardena Chamber of Commerce). Who, then, are the smartest and most prosperous poker players in Gardena? The answer is the quiet, invisible club owners. Indeed, those club owners deserve admiration. What player could ever match their edge odds and consistent winnings from poker? Still, how do the other poker players fare? If the average professional poker player in Gardena nets about $15,000 per year (estimated in footnote to Table 31), then the estimated 100 to 200 professionals in Gardena would extract $1,500,000 to $3,000,000 per year from all the other poker players. After allowing for those seats occupied by the professionals plus the empty seats and vacant tables during slack periods, the nonprofessional players occupy an estimated average of 800 seats in the six Gardena poker clubs. Those clubs, therefore, must extract $28,500 per year from each of these 800 seats to account for the $22,000,000 permanently removed each year. That means that the nonprofessional regular customer who plays forty hours per week must lose an average of $7000 per year if he plays better than half the other players in Gardena. (And, as a group, the Gardena players are the best and the toughest poker players in the world.) If he does not play better than half the players, he will lose more than $7000 per year by playing forty hours per week. If he is a much better player than the average Gardena player and can extract a net gain of $7000 per year from the other players, he will break even. And if he is good enough to extract a net gain of $22,000 per year from the other players by playing sixty hours every week, he will be in the same class with the average professional poker player by earning $15,000 per year. In other words, except for the few very best and toughest players, people pay dearly in both time and money for the privilege of playing poker regularly in Gardena. And as indicated in Table 32, players in the lower-stake games pay even more dearly for the privilege of playing poker regularly in Nevada casinos because of the higher percentage casino rake, but less dearly in most higherstake games because of the lower percentage rake. To earn a steady income from public poker requires an exceptionally tough player with poker abilities far superior to those of the average player. To be a professional poker player in the Gardena clubs or the Nevada casinos requires long, hard hours that yield relatively poor yearly incomes. So most professional casino or club players seem to be wasting their abilities in unrewarding careers. And most other public poker players (the losers) are throwing away their time and money with methodical certainty. Next Page | Contents | Feedback for Valuable/New Information | Previous Page http://www.neo-tech.com/poker/part6.html (11 of 13)9/17/2004 12:24:17 PM
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Poker: A Guaranteed Income for Life
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Poker: A Guaranteed Income for Life
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Poker Book, Introduction What is yo
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Poker Book, Table of Contents NT Ho
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Poker Book, Table of Contents d. Ri
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Poker Book, Table of Contents PART
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Poker Book, Table of Contents Appen
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Poker Book, Definitions NT Home Pag
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Poker Book, Definitions On John's r
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Poker Book, Definitions Streaks of
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Poker Book, Definitions III Emotion
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Poker Book, Definitions Sid Bennett
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Poker Book, Definitions Culbertson,
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Poker Book, Definitions Ostrow, A.
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Poker Book, Definitions When he win
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Poker Book, Poker Odds NT Home Page
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Poker Book, Poker Odds (+) No strai
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Poker Book, Poker Odds Investment o
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Poker Book, Poker Odds ($100) (.98)
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Poker Book, Poker Odds Ten-game per
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Poker Book, Poker Odds Phase Ratio
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Poker Book, Poker Odds [ 10 ] If yo
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Poker Book, Techniques Self-control
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Poker Book, Techniques Information
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Poker Book, Techniques Face and sta
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Poker Book, Techniques Performance-
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Poker Book, Techniques Consider Sco
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Poker Book, Techniques hand. He has
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Poker Book, Techniques John Finn ha
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Poker Book, Techniques [ 14 ] This
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Poker Book, Strategies 1. Understan
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Poker Book, Strategies Class of Pla
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Poker Book, Strategies Sid Bennett
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Poker Book, Strategies The good pla
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Poker Book, Strategies Bet or get,
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Poker Book, Strategies Every player
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Poker Book, Strategies "That's more
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Poker Book, Strategies 1. When the
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Poker Book, Increasing the Edge Odd
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Poker Book, Policies ● one must b
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Poker Book, Policies advantages aga
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Poker Book, Policies to keep the ga
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Poker Book, Policies then consisten
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Poker Book, Policies In the Monday
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Poker Book, Policies Sid Bennett ch
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Poker Book, Policies The best actio
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Poker Book, Robin Hood Cheater NT H
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Poker Book, Robin Hood Cheater Quin
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Poker Book, Robin Hood Cheater Alas
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Poker Book, Robin Hood Cheater Minn
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Poker Book, Robin Hood Cheater Virg
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Poker Book, Robin Hood Cheater [ 23
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Poker Book, Opponents player exploi
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Poker Book, Opponents use his savin
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Poker Book, Opponents ● devise ne
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Page 143 and 144: Poker Book, Games NT Home Page::The
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Page 147 and 148: Poker Book, Games XX Organization (
Page 149 and 150: Poker Book, Games As a game continu
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Page 153 and 154: Poker Book, Games Ted Fehr 389-5267
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Page 201 and 202: Poker Book, Why Professionals Cheat
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Page 225 and 226: Poker Book, Poker Notes NT Home Pag
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Poker Book, Conclusion NT Home Page
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Poker Book, History NT Home Page::T
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Poker Book, History EVOLUTION OF PO
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Poker Book, History Next Page | Con
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Poker Book, Bibliography The first
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Poker Book, Bibliography Catalog Nu
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Poker Book, Bibliography 19. GV1251
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Poker Book, Bibliography 36. BF21 A
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Poker Book, Bibliography 54. GV1243
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Poker Book, Bibliography 43. Laughe
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Poker Book, Bibliography 17. Scarne
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Poker Book, Glossary NT Home Page::
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Poker Book, Glossary A Priori Odds-
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Poker Book, Glossary Betty Hutton--
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Poker Book, Glossary Boxed Card--A
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Poker Book, Glossary Card Odds--The
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Poker Book, Glossary Cold Deck--(1)
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Poker Book, Glossary Dame--A queen.
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Poker Book, Glossary Down and Dirty
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Poker Book, Glossary Face Card--Any
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Poker Book, Glossary Fold--To drop
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Poker Book, Glossary Girl--A queen.
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Poker Book, Glossary face-up cards
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Poker Book, Glossary New-Breed Play
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Poker Book, Glossary Percentage--(1
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Poker Book, Glossary Powerhouse--A
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Poker Book, Glossary Redeal--A new
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Poker Book, Glossary Run One--An at
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Poker Book, Glossary Sorts--A deck
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Poker Book, Poker Odds Odds For Dea
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Poker Book, Poker Odds * Little Dog
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Poker Book, Poker Odds n.f. = no fl
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Poker Book, Poker Odds Four-card fl
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Poker Book, Poker Odds Hand (Compil
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Poker Book, Poker Odds Eight Eight
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Poker Book, Poker Odds Ace-king not
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Poker Book, Poker Odds Hand No Wild
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Poker Book, Index NT Home Page::The
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Poker Book, Index ratios 29,215 sid
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Poker Book, Index dependence on 247
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Poker Book, Index Crossfire betting
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Poker Book, Index outlines and note
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Poker Book, Index gossip 230 overco
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Poker Book, Index Joker 63,133 Just
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Poker Book, Index Nap 34 Negative a
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Poker Book, Index unfriendly, tough
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Poker Book, Index playing against 5
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Poker Book, Index Radio 139-140,142
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Poker Book, Index Sunglasses 83 Sup
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Poker Book, Index odds for 342 Wild
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THE WORLD'S #1 POKER MANUAL - Card Games

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