Further Casino Policies for Dealing with Skilled Players
September 18th, 2010 | Published in Casino Tips
It is common practice for casino policy to be set by upper level management. This helps to create the culture of the organization and ensure the rules are fair to all employees. The policies are also usually set in order to align with financial risk, especially when dealing with potential liabilities and how to handle them.
Skilled Blackjack players can represent a small risk to a casino’s bottom line. To combat new tricks and acquired skills, the casino must implement a revolving policy. There are a few things to consider with this policy including:
- The significance of the risk
- State or federal regulation
- How much the casino is willing to risk
- The handling of these players
- The point where the player is no longer desirable
Casinos generally are referring to the significance of the financial risk involved with these players. The question is always posed by management; do these players or groups of players pose a significant financial risk to the casino? Also, the policy must abide by state and federal regulations as to the refusal of play for any guest.
Additionally, management must analyze the risk of losing other less-skilled players due to the handling of skilled players that may be detrimental to their bottom line. Furthermore, the actual handling of these players must be considered as well as the point where the player is out-of-control. These points are critical and a balance must be established.
This is an extremely subjective area of the casino. Some gaming corporations implement a no card counters rule while others have a “let them play” mentality. These are the two extremes of the issue and neither is correct over the long-run. Instead, a common balance must be found which is casino specific and is a decision left for upper management.
Whichever policy is selected, it is important that it is consistently enforced in the instance where it is challenged in court. There are different layers of policy that can be created, each presenting different benefits and challenges.
An effective policy takes into consideration the above points and must be strictly enforced by all parties in order to be effective. As casinos evolve and grow, the corporate policy on various issues and liabilities changes to fit the needs of the business. Creating the policy is half the battle, the other half is ensuring it is accepted and being enforced.