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Know When To Hold’Em Unpacking The Determinants Of Table Player Win / Loss And The Elasticity Of Table House Advantage, Clayton Peister
Know When To Hold’Em Unpacking The Determinants Of Table Player Win / Loss And The Elasticity Of Table House Advantage, Clayton Peister
International Conference on Gambling & Risk Taking
Know when to hold’em
Unpacking the determinants of table player win / loss and the elasticity of table house advantage
Overview
There is significant disagreement about the role of house advantage (HA) in player value. For instance, the operations team often seek to introduce games with high HA, under the assumption that marginal improvements in HA translates into higher house win. By contrast, many casino marketing professionals argue that higher HA only reduces playtime and that a player’s budget is generally fixed. Leveraging over 300m individual player decisions from a major online Asian operator, we explore the role of HA …