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How do bars offering free poker tournaments make any $?

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JEDI

JEDI

Lifer
i play free poker at my local bar restaurant.

the poker is run by a poker company. theres no charge to play.
but the bar requires you to order something. and if its water, its bottled water for poker players.

anyway, 1st place is $50 and if theres 30+ players theres a 2nd place of $25.
and the poker director gets paid $50. and the poker company also makes $ tho the director doesnt know how much.

anyway even if the players orders an avg of $10 each, thats $300 if 30 players.
300 - 50 -25-50 = $175 gross for the restaurant or about $6/player.
and less since the poker company also gets some $.

how do these places make any $?


edit:
Poker tournaments
 
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You play with a bunch of pansies if the average bar tab is $10 a person. Most of the time people who are playing also eat, may have another person with them who isn't playing who is also drinking/eating, etc. Plus these types of things are often on the slow nights of the week when any incremental revenue is greater than no revenue.
 
Mo0o said:
The house doesnt take a cut of every pot?
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If it's the same thing as around here, he's talking about freeroll poker. The way I've seen it is that bonuses are awarded for buying food/drinks from the bar, as long as you don't run out of chips (no re-buy obviously). If enough people that show up to play poker are buying food/drinks who otherwise wouldn't have come without the freeroll poker tourney, then they're golden, as long as the total profit of the additional sales is more than the prize $ and whatever they compensated the poker host with.

Given how popular freeroll poker tourneys have become, I'd say that they must be making the bars a few extra bucks at least.
 
Mo0o said:
The house doesnt take a cut of every pot?
Click to expand...

Likely, and its something that gets people into the bar. The longer they are there the more likely they're going to buy things. As long as they aren't displacing other people that will be buying drinks more heavily there's no downside for the bar.
 
I've worked with many bars over the years providing food and other incentives to attract customers. I have noticed there are two types of patrons. The first sort are the gold for bars, they go out with friends to have a good time at marketed events and spend freely.

The second sort seems to derive great pleasure from seeing which bar they can score the greatest amount of freebies from. I've seen the second sort nurse ONE soda all night while eating enough for three and participating in contests or drawings. As SOON as the food runs out, the drawing is called or, a contest winner is picked, they're gone in a puff of dust. The second sort wouldn't be a problem except they play this game EVERY week and are regulars.
 
kranky said:
Perhaps the poker company shares their take with the bar?
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What take? Once again ATOT is the home of epic fail on reading comprehension and simple common sense. Try to get this through your heads people, there is no cost to play. The bar makes money on extended food and drink sales. The poker company is paid by the bar out of those proceeds, not the other way around. It's like having a band. The bar pays the band, the band draws bigger crowds and the crowds order more drinks. Is this really that difficult to understand?
 
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