Tips on tips
Wow! $4,500 for $100K win seems too much, but hopefully you get the chance to carry it out it soon.
For winning Dust’s big one I like idea of tipping $1K or all cash won in the final round (should be slightly over one thousand) whatever is more.
Here is something I wrote for bjforum online – now defunct.
How much to tip?
Tipping is a very personal act so what I am expressing here is just my biased opinion.
I tip for the following reasons:
1. As a general courtesy in appreciation of good work.
2. As there is something in saying: what goes around, comes around.
3. To keep a good rapport with dealers and organizers.
Some digressions:
The better and cordial job they do - the better the tips.
I inquire about the way tips are shared – if it is limited only to people directly involved with the event then I am inclined to contribute more generously.
Rule of the thumb? Yes, there is one:
It should be at least 1% of your prize money.
My feeling is that 1% as a tip for a win of the magnitude of 100K or more is sufficient, then, it becomes 1.5-2% for wins of 25K-50K, 4% for ten big ones, and around 10-15% for some small (a few hundred bucks) premiums.
It may seem to some people that tipping over 10% is excessive. Perhaps it is, but here is the way I look at it. If you play tournaments (or table bj) as a recreation, than you may win 2-3 hundred bucks a couple of times. It probably makes no difference to your well-being whether you tip a total of $20 (4%) or $50 (10%).
If one considers oneself a professional player (sure) then income derived from “gambling” should be over $50,000. To achieve, let’s say 85K wins one would need to collect: one win 50k (minus 1.5%=$750), one 20k (2,5%=$500), one 10k (4%=$400), couple 2k (7%x2=$140), and five small prizes of $200 each (12.5%x5=$125). Total tips -$1915. If one, for winning $200, tips 5% (ten bucks) instead of tipping 12.5% (one green), then one saves a whole $75. That is $75 out of $1915, or out of $85,000.00 – depending how we look at it.
I saw a guy tipping 3K after winning 6K in a dice tournament, then, I saw a bj player winning 100K and leaving no tip, whatsoever!
I wish you had a tipping problem every time you play.
S. Yama