Mirage Poker R

Tuesday, September 12, 2006

Bellagio and The Mirage An Unbeatable poker Pair!

Whether you're a tourist who has visited Las Vegas or a local who plays every day, chances are you've been to one or both of the two largest cardrooms in Nevada. Bellagio and The Mirage offer great live action, the highest limits found anywhere in the world, and with the addition of The Poker Zone, they now feature great tournaments, too. Regardless of your preference, Bellagio and The Mirage offer all that a poker player's heart may desire.

While each of these properties has its own identity, there are many things that they have in common. Starting with professionalism from the managers on down the line, each member of their caring staffs takes a serious approach to customer service and job performance. The atmosphere in each cardroom is elegant and welcoming, and provides the perfect environment for poker.

Cardroom veteran Doug Dalton, who began his career in the late '70s, manages the Bellagio poker room. He worked his way up from shift manager at the Golden Nugget in Downtown Las Vegas to the director of poker operations today. Along the way, he worked as assistant manager of the Dunes poker room, general manager of the Oceanside Card Casino, and manager of both the Treasure Island and The Mirage cardrooms.

Bellagio is an international resort destination that provides some of the best action you will ever find. The cardroom features 30 tables and spreads a variety of games from $1-$5 seven-card stud to the highest-limit poker played anywhere in the world (a $20,000-$40,000 game was spread recently). The primary games are seven-card stud, Texas hold'em, Omaha eight-or-better, and multiple or mixed games. It features a special platform that separates the high-limit games - which begin at $60-$120 - from the mid- to lower-limit games. The chairs in this cardroom are a delight; they were custom-designed and personally selected by Dalton, and are as comfortable as you will find in any cardroom. They feature swivel seats with hydraulic lifts, which enable players to adjust seats to their own height preferences. The poker room is adjacent to the casino's luxurious sportsbook, and has convenient access to valet and self-parking poker stars.net
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Bellagio also recently adopted a new policy of creating nonsmoking tables. Anytime there are multiple games of the same limit in progress, at least one of those games is nonsmoking. "We have received a positive response to this effort," said Dalton.

The Mirage, by contrast, has 24 tables and is managed by Donna Harris. She began her 21-year career as a shill dealer at the Golden Nugget, and worked as the swing shift manager of The Mirage when it opened in 1989. She became cardroom manager at The Mirage in 1998 when Bellagio opened. Since that time, she has worked hard to rebuild the business that went to Bellagio, and is now proudly hosting a room full of players who enjoy playing all limits and all games.

Attributing the cardroom's success to her wonderful staff, Harris says they worked nonstop in difficult times to bring The Mirage cardroom back to life. Part of this effort included her and host Ugur Marangoz's creation of "The Poker Zone," The Mirage's poker tournaments that are held Sunday through Thursday evenings. These events are the highest buy-in regularly scheduled tournaments in Las Vegas, and are run by Tournament Coordinator Richard White.

Harris believes that in order to provide the best customer service possible, she needs feedback directly from her customers. To accomplish this, a comprehensive survey form was created that enables her staff to make sure that most, if not all, of her patrons' needs are met. "The goal is to have my name, The Mirage, and the diligent efforts of my staff always remain synonymous with hard work, integrity, and professionalism," Harris said.

A major poker tournament at The Mirage is in the planning stages. Harris said, "It is still too early to make the details public, but we are working very hard to realize a big, different, and exciting poker tournament that will be unlike any other to date."

These two fine resorts also feature other highlights and attractions. At The Mirage, guests thrill to an erupting volcano or come face to face with some of the world's most awe-inspiring animals. At Bellagio, "dancing" fountains and romantic botanical gardens contribute to this property's beauty.

In addition, great entertainment is featured at The Mirage in performances by "The Man of Many Voices," Danny Gans, and the "Magicians of the Century," Siegfried Roy. Bellagio presents a show that is beyond circus, and beyond theater; Cirque du Soleil creates an entirely original form of live entertainment. The creative team has unveiled its most daring project to date with the premiere of "O."

Dining is an unforgettable experience at both properties. The Mirage features a selection of some of the finest cuisine from around the world, and Bellagio's 10 exceptional dining facilities offer a very different array of culinary delights. Both properties feature five-star restaurants - Picasso at Bellagio, and Renior at The Mirage. Sounds great, doesn't it? It is!

Efficient Poker Market Hypothesis

"I'm never betting football again," my friend Jeremy said, not so much to me as to himself, after another zero for three day betting the NFL.

Whether he wanted to hear it or not, I started talking about the efficient market hypothesis. In the stock market, those who subscribe to the efficient market hypothesis believe that every bit of information is already priced into stocks and that there are no opportunities.

If the hypothesis is true, as many academics contend, how could Qualcomm, a company so well known that a sports stadium in San Diego is named after it, go from $7 to $176 in 1999?

I don't buy that markets of any kind are totally efficient, but what I have come to understand is that the more information that exists, the more efficient markets become. When I look for opportunities, I avoid things that get a lot of attention - blue-chip stocks and the NFL come to mind. In these two endeavors, with dozens of analysts and intense public interest, it's rare to find a situation in which information isn't already priced in.

When Jack Welch announced his retirement from General Electric, the news had already been priced into the stock, and even if it hadn't, it's unlikely that you would have been privy to this information before dozens of analysts were. It's also unlikely that you'll know about a player injury before it's already priced into an NFL line poker stars.com
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When it comes to stocks, you'll likely find inefficiencies when there isn't much information. Whether it's emerging markets or small-caps, the stocks that receive the least amount of attention have the greatest chance of being improperly valued.

For football, it's not enough to avoid the NFL and focus on college. Nationally televised games involving high-profile teams have all the appropriate information priced into the line. Your best opportunities may be in the smaller conferences, such as the MAC or the Ivy League, in which there is limited interest and scrutiny.

But it's not enough to bet on games with limited information; the key is to know something that the market doesn't already know. I know a professional gambler who subscribes to every periodical for the Central Michigan Chippewas. It's not enough for him to know statistics; he also wants to know if there was a pep rally on campus that fired up the players, if the students were in the middle of exams, or if the coach's job is in jeopardy.

When I worked as a housing coordinator in the Atlanta Olympic Village, a fire alarm went off in the dorm in which the Chinese team was staying the night before the swimming finals. Had there been a line on these events, that information would not have been priced into the line and you would have had an opportunity. Just as a horse bettor will wake up with the horses and see how they are acting that day, a sports bettor should go so far as to make sure the team flight went off without a hitch.

In poker, the best games are the ones that nobody knows about. The minute it becomes known that there is a live game, two things start to happen. The first is that good players flock to this game. The second is that the live players start to go broke and the game gets tougher. Great games rarely stay great for long, as the top players put in for table changes and the bad players go broke.

In business, the less information, the more opportunity. Sam Walton built Wal-Mart on the following premise: Go where they're not. Rather than compete against established retailers such as Sears and Woolworth, Wal-Mart built its stores in smaller towns, where the market seemed too insignificant for the bigger stores to pay attention.

Want to find the best opportunities in poker and business? Look where no else is looking.diamonds

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