Every 30 minutes, a random table will have $500 "splashed" into the pot for one hand. The winning hand will rake all bets (minus the rake) PLUS $500! $1,000 an hour will be given back to the players for a $24,000 total give a way.
Now for the bad news! Every cent of that splash pot comes from the rake, which Winstar takes from every single hand of poker dealt in their room.
A tiny portion of the house rake is returned to the players most weeks via $100 splash pots for 8 hours on Monday & Wednesday and a $100 aces cracked promotion for 8 hours on Tuesday & Thursday. A daily bad beat jackpot that starts at $10,000 & is hit on the average every two weeks. The jackpot is divided among the players at the table, 50% to losing hand, 30% to winning hand and 20% table split. To qualify as a bad beat, a minimum of Aces full of Kings must be beat with both hole cards played for the winning and losing hand. There must be a minimum of $30 in the pot also.
Just in case you aren't aware, (their are millions who don't know) ; Casino's NEVER give anything a single penny. Casinos constantly tell you how much they "give away. But the truth is that casinos make huge profits and return only a tiny portion of their profits to players via promotions, which actually generate more revenue.
A $4/$8 limit Texas Holdem pot is raked at 10% up to a max $5 at Winstar. Another $1 goes to the state of Oklahoma from the small blind PRIOR to the cards being dealt. A chop returns only 50% of the small blind at Winstar. The Dealer is given at least $1 toke for every pot pushed. That means a minimum of $7 is from each pushed pot. Most 4/8 pots are well below a $100 and are usually less than $50. (Most Las Vegas casinos rake a max $4 and some don't take the 4th dollar until their is $80 in the pot)
Winstar dealers are required to deal at least 30 hands per hour. Therefore, a MINIMUM of $210 is being taken from the players at each poker table every hour! This also means that over $5,000 dollars a day is taken from the players sitting at a single table in one day.
All 46 Winstar tables will be in play for 24 hours starting at 5 p.m. on Thursday.
Poker Players will contribute $231,840 to the Chickasaw Nation and their employees on Thursday. Winstar will return $24,000 during their one day "give away"!!
NEXT Bonzer Poker: Players pay dealers over $30 an hour. Casinos pay them the minimum wage. And the dealers want a LOT more money from from you!