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Buy-in Slot Tournaments

Discussion in 'Comps' started by NickyJ, Feb 29, 2016.

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  1. NickyJ

    NickyJ Tourist

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    Got an invite for the $550k 'Twin Stakes' buy-in slot tournaments at V/P. Similar to the one at Wynn earlier this month, the buy-in is a hefty $2,500. This one is based on 150 participants, and includes two tournaments, with prizes ranging from 1st place prizes of 100k to $500 slot credits for 26th -150th place. There's also a Bonus Drawing each day for one million Grazie Gift points.

    Anyway, I'm just curious what drives folks, regardless of the amount, to participate in a buy-in tournament. For instance, the invite includes comped nights and a daily food and beverage credit, which would come with a regular comp offer and no buy-in charge. In this tournament, you'd end up with at least $500 slot credit/tournament, but again, slot credit would be included with a regular comp offer too.

    Sure, in this case you have two chances to win big prizes or lots of Grazie Gift points, but I don't know what it would take to justify participating in a buy-in tournament over wanting to just use that money to enjoy playing slots on the casino floor. Whether the buy-in was $2,500, $1,000, or $100, what were the deciding factors for those who have played in one?
     
  2. alexb7

    alexb7 MIA

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    I got the same invite. I called V/P once when I had a similar offer before and they said you had to pay the fee in advance with your credit card. So I guess you could at least earn some points off it. I did a baccarat tournament there before and they had some nice food for the players. I've seen the Wynn tournaments give away pretty nice door prizes too. I think it's more for the fun than getting comps.
     
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