Originally Posted by
mudpuppy
I can't answer how the casino views the player, but let's look at the numbers.
A good blackjack game (3:2, S17) may have a house edge of around 0.4%. A full table will play around 60 hands per hour. At $125/hand times 0.004 times 60, that's an average profit of $30/hour for house from the bj player. Of course, 6:5 is much worse and the take could be about four times that ($120/hour)
Slot machine return is a lot harder to know, but Wizard of Odds has some published numbers from Vegas from 2012 that puts some machines at an average house keep of 5 to 6%. Penny machines may be much higher. Assuming 10 spins per minute, that's 10 * 60 * .05 * $1 = $30/hour. Penny machines might be double that or more.
Again, there's no telling how a casino views one player versus the next, but from this perspective the casino's take from a $125/hand BJ player may be similar to (or more than or less than) a $1/spin slot player, depending on what rules the BJ player is playing under and which machines the slot player is using.
Great post. Wonderful insight and backing it up with reasonable assumptions
Thanks!