Palms gets sold to Native AMerican tribe casino group

https://news3lv.com/news/local/palms-casino-in-las-vegas-sold-to-san-manuel-tribe-for-650-million

 

 

650 million seems like a steal.     Its arguably been the most successful  hybrid of  locals/tourist casino in the city for years.      Not many details on a possible name change or renovation.

I kind of liked the original vibe there, which was a strange mixture of underage bimbettes with fake IDs getting drunk and maxing out Daddy's credit card and nitty locals grinding away at the .25 FPDW machines. They had good food, good games, good promos, an excellent slot club, movie theaters, a tattoo parlor, a guy dealing recreational drugs 24/7, and hookers who accepted slot club points. The best!

 

And then Stations ate it.

Originally posted by: Kevin Lewis

I kind of liked the original vibe there, which was a strange mixture of underage bimbettes with fake IDs getting drunk and maxing out Daddy's credit card and nitty locals grinding away at the .25 FPDW machines. They had good food, good games, good promos, an excellent slot club, movie theaters, a tattoo parlor, a guy dealing recreational drugs 24/7, and hookers who accepted slot club points. The best!

 

And then Stations ate it.


I didn't go there often, but when I did I liked it. I thought the revamped buffet was a good value, of course knowing myself i probably had bogo coupon.

 When you say "nitty locals" what does that mean? I used to read a message board called "All Vegas Poker", I think. I saw people using the word nit, so I asked what it meant and, it was being used as a derogatory term when it came to poker.

Originally posted by: ksouth165

I didn't go there often, but when I did I liked it. I thought the revamped buffet was a good value, of course knowing myself i probably had bogo coupon.

 When you say "nitty locals" what does that mean? I used to read a message board called "All Vegas Poker", I think. I saw people using the word nit, so I asked what it meant and, it was being used as a derogatory term when it came to poker.


In live poker, a "nit" is someone who plays very conservatively, folds almost all hands, and virtually never gambles (when the money goes in, a nit always has an unbeatable hand). The poker rooms that cater to locals often have promotions where you get some kind of spiff for playing X hours, like 100 in a month--either a direct cash payment or entry into a freeroll tournament. The nits go there and fold fold fold fold fold for hours. A table with two or more of them is like a funeral parlor.

 

In terms of other games, like video poker, nits are also called "grinders"--they play for low denominations, as conservatively as possible, and seek out the best games and promotions. This is generally a good idea, but the Vegas local nits often take it to absurd lengths; in particular, they will kill themselves to find plays that while positive, pay less than minimum wage.

 

The Palms, for a long time, had one of the best VP games in town--a fullpay .25 Deuces bank (of ten machines, I think) with a progressive (virtually unheard of on a +EV fullpay game). A diligent and accurate player could eke out maybe $10 an hour from it. Night and day, the nitty locals (some of whom spent upwards of 50 hours a week there) would pound away, with glazed and/or resigned expressions, having about as much fun as if they were getting a colonoscopy.

 

Recently, the Palms seemed to move away from the nitty locals as a target audience and toward the drunken bimbettes with daddy's credit card. For a long time, they had tried and actually managed successfully to cater to both. Then, some suits made a decision that the bimbettes were worth more than the nits.


Originally posted by: Kevin Lewis

In live poker, a "nit" is someone who plays very conservatively, folds almost all hands, and virtually never gambles (when the money goes in, a nit always has an unbeatable hand). The poker rooms that cater to locals often have promotions where you get some kind of spiff for playing X hours, like 100 in a month--either a direct cash payment or entry into a freeroll tournament. The nits go there and fold fold fold fold fold for hours. A table with two or more of them is like a funeral parlor.

 

In terms of other games, like video poker, nits are also called "grinders"--they play for low denominations, as conservatively as possible, and seek out the best games and promotions. This is generally a good idea, but the Vegas local nits often take it to absurd lengths; in particular, they will kill themselves to find plays that while positive, pay less than minimum wage.

 

The Palms, for a long time, had one of the best VP games in town--a fullpay .25 Deuces bank (of ten machines, I think) with a progressive (virtually unheard of on a +EV fullpay game). A diligent and accurate player could eke out maybe $10 an hour from it. Night and day, the nitty locals (some of whom spent upwards of 50 hours a week there) would pound away, with glazed and/or resigned expressions, having about as much fun as if they were getting a colonoscopy.

 

Recently, the Palms seemed to move away from the nitty locals as a target audience and toward the drunken bimbettes with daddy's credit card. For a long time, they had tried and actually managed successfully to cater to both. Then, some suits made a decision that the bimbettes were worth more than the nits.


 Kevin, your explanation what a bit is in live poker was what I thought the answer was going to be to my inquiry on the poker site. I was surprised when the person who replied said a nit is someone is a stickler for the rules of the game. I responded that I could be counted as a nit then. Although I know that a regular in a room, that isn't an a**hole, has more of a chance of being the recipient of a favorable ruling by a floorman over a player who is an infrequent player. Who would want to play in a room where you have to wonder how the rules might be applied from day to day or shift to shift. 

 Now, I understand an angle shooter might try to use the rules to their advantage, but player's knowing what to expect is more important, I think. If someone is shooting angles, bar them.

Originally posted by: ksouth165

 Kevin, your explanation what a bit is in live poker was what I thought the answer was going to be to my inquiry on the poker site. I was surprised when the person who replied said a nit is someone is a stickler for the rules of the game. I responded that I could be counted as a nit then. Although I know that a regular in a room, that isn't an a**hole, has more of a chance of being the recipient of a favorable ruling by a floorman over a player who is an infrequent player. Who would want to play in a room where you have to wonder how the rules might be applied from day to day or shift to shift. 

 Now, I understand an angle shooter might try to use the rules to their advantage, but player's knowing what to expect is more important, I think. If someone is shooting angles, bar them.


That guy was wrong--the term would be "nit picker." I've also heard such people called "rules merchants." If they try to use a rule to get something they're not entitled to, that would be "angle shooting."

 

As to your other point, yes, there are definitely "home town decisions" at poker rooms large and small. This is particularly true at rooms like the Orleans that depend on locals for most of their business.

 

I once got a hometown decision against me when I wound up with a chopped pot but somehow ended up with $45 less than when I started. I protested vehemently, which not only didn't do me any good but got me thrown out of the room. Fortunately, I remembered everything that had happened and wrote a long letter to the casino manager explaining what had happened and inviting him to look at the videotapes for that day. I got a phone call, a grudging, perfunctory apology, and a refund of the money I'd lost. But if I hadn't vigorously pursued the matter, I would have been screwed, with no recourse.

 

It's just a cost of doing business. Poker room floormen are anything BUT fair and impartial. Their first duty, as they see it, is to take care of their regular customers. If that means shafting some poor schmuck who wouldn't be back for a year anyway (if at all), then, so be it.

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