Originally Posted by
redietz
Vic,
I had some discussions back in the 80's with cardroom managers -- the ones I spoke with felt the house take was unbeatable, so they were never concerned with how good players were. Basically, in limit hold 'em, if a half dozen guys sat down, five to six hours later the house had extracted the equivalent of one player's stake. That was the gist of what I learned, and I doubt if it's changed much since then.
Now at high stakes, you pay by the clock, so that's different. And no limit may or may not be different. Any thoughts, Alan?