It's more like why casinos put in a lot of efforts to stop card counters at blackjack grinding out an hourly expected profit of $50. That surveillance operation is going to have increased costs by way more than the money they lose to card counters. But if you don't have the countermeasures instead of having a few card counters making $50 an hour you are going to have many card counters playing high stakes and winning thousands of dollars an hour.
Casinos do not bat an eye if you are playing for $50 an hour. At that point you not losing money is a draw to make other players that are playing at higher stakes sit at the table and throw their money away.
I've never seen them act until players start putting black chips on the table.
You need to be playing $100+ a hand to be winning $50 an hour on average. The house edge on a $100 bet is like 19 cents for a good game.
no, that'd be a $100 max bet, not average/base bet. And just a basic hi-low system.
If your base is $100 and then you start pulling out $400+ bets with a winning expectation you could win significantly more.
Yes, my point is that this type of play is not really worth it for the casino to prevent. Especially as the appearance of refusing to play with winners may drive off other customers. The value is in the deterrent effect. ---
September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest!