Filed under: Tip of the Week
One of my excellent correspondents points out that by calling these essays, “Thought of the Week” I am giving the impression that the website is not properly maintained and kept up to date.
So I said I would discuss electronic tables. Recently these have been installed in one Las Vegas casino (Excalibur) poker room replacing all of the standard tables.
For those who have never seen an electronic table, you can see one here. They work quite well.
There are also clear advantages and disadvantages, which I shall discuss briefly here, and in a somewhat expanded version in an upcoming Card Player column.
Here are the ones I mentioned in the column:
Pros:
• Faster game
• No tipping
• No dealer errors
• More sanitary
• Accurate player tracking
• Uniform rules
Cons:
• Less socializing
• No hand tells
• Some player training involved
• Less room for player excuses
• Profit and loss tracking
You can read about these in the magazine . Let me mention another couple of advantages I did not have room for:
Flexibility.
These tables can deal a wide variety of games and limits, so the lack of a trained dealer will not keep you from playing Omaha or even stud. Particularly in small venues like bars where no trained dealers are available, especially around the clock, players can still get a game. You can even set the table to not time anyone out, so friends can sit for hours and play at a slow pace if the room does not mind.
Lower stakes. Few cardrooms can afford to deal very low stakes, like, say, $.25-$.50 no limit. The tables can deal it without the expense of a dealer’s hourly rate and benefits, so they can charge a commensurate rake and still have a game going.
Another potential negative:
Federal reporting. Currently casinos must report all cash transactions by any individual totalling more that $10.000 in a 24-hr period. This means of yo buy into a game for $5K and four hours later cash out for $5k, that triggers a reportable transaction. Of course, the also report via W2-G’s any gaming win over a certain amount. The only reason poker wins are not reported is that the house cannot keep track of them. With electronic tables, they can! There is already a requirement on the books that you must keep contemporaneous written record of each gambling session win and loss with table number , buy-in, cash-out, net and some identifying feature. Most pros do this, but casual players certainly do not. But if an electronic table can report exactly these parameters, even monthly $4-$6 players may face audits and penalties for non-compliance. Of course, this may not happen, and the government may suddenly decide it does not want to intrude in private citizens lives at that level.



