where it becomes tricky with posters is in cases where you have the
'opening bid' by the house win an item which establishes a value
precedent for a poster
Neil
this is supposed to happen. If a poster is opening at 1000 and the
reserve is 2000, the house's final bid is supposed to be no higher than $1950
NOTE: in a poker game, there can be 2 kinds of "shills"
1) a player who works specifically as a shill. he is paid an hourly
rate by the house like any other employee, and he must work an 8 hour
day unless they do not need him. But when he's playing, he's playing
with his own money and he wins or loses his own money. So he could
get paid $80 for a day's work, but lose $500 playing = net loss of $420
2) a house employee who plays with the house's money is the other
kind. he can be anything from a poker room employee like a dealer of
floorman to a person paid to play with no loss to himself. He is not
allowed to win any pots and that means if he has a royal flush on the
river (if he makes it that far) he must fold the hand unknown to the
winning player, because he is not there to win, he is there to create
action so the house can take their rake from the pot (rake = house cut)
Heritage having a house bidder is analogous to the 2nd variety of Las
Vegas shill, not the first
Rich
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