pit, there is one pit boss for every shift. He works
under the supervision of the shift boss, and each
pit boss is responsible for the action, cash flow,
and bankroll in that pit alone. The legendary Vegas
pit boss is a hardened man with underworld connections,
for the name "pit boss" invariably conjures
up that image, but the pit bosses We've met are
often high school graduates who've moved up the
long hard way.
now that the corporations are in full control, are
college educated. Their main qualifications, though
we may be getting a little rough here, is to look
suspicious and jaded.
bosses perform an important function in the casino
be-cause they are the highest of the executives
with a specific area to control, and if that area
is losing money or something is wrong in the pit,
the trouble can be pinpointed and the blame laid
on a specific individual's shoulders.
However, with the rise of monumental, thematically
designed gambling palaces in recent years, such as
the MGM Grand, Mirage and Treasure Island in Las Vegas
and the Taj Mahal in Atlantic City, to name just a
few, the overhead or "nut" is tremendous.
Entertainment alone costs these hotels millions of
dollars per year, and the free drinks, cheap food,
and other services offered the players to get their
"warm bodies" into the casino runs into
To feed this constant nut, the big and opulent casinos
need action from gamblers, and their definition of
action isn't players who are going to try their luck
at the tables with a series of $2 and $5 bets for
a couple of hours. The casinos do make money from
these players, but what they really want are the big
bettors, the high rollers, who will think nothing
of losing $50,000 or more at the tables in the course
of a couple of days.
If they can't get the $50,000 players, the $30,000
gamblers will do as well, and if they can't get them,
a $10,000 limit player is still preferable to a grind
that loses $40 at blackjack after getting three free
drinks, eating the special buffet lunch, and cashing
in a free coupon for a lucky buck or a roll of nickels.