1. Welcome to VegasMessageBoard
    It appears you are visiting our community as a guest.
    In order to view full-size images, participate in discussions, vote in polls, etc, you will need to Log in or Register.

Cash in vs. coin in

Discussion in 'Comps' started by mason, Feb 27, 2016.

Thread Status:
Not open for further replies.
  1. mason

    mason Tourist

    Joined:
    Jan 14, 2016
    Messages:
    54
    Trips to Las Vegas:
    20
    I have a set budget, daily, for gaming. If I go down with a budget of $1000 for the day, I average between 4000 pts. and 5000 pts. playing mostly slots and maybe 4-6 hours at craps. My question is what do you average in reward points for your daily play? I play at CET properties.
     
  2. Chuck2009x

    Chuck2009x VIP Whale

    Joined:
    Apr 5, 2009
    Messages:
    4,072
    Trips to Las Vegas:
    16
    4,000 to 5,000 points is the equivalent of $20,000 - $25,000 coin in on slots.

    If you are able to average that on a $1,000 bankroll, you have been extremely lucky, because that means you are averaging only losing between 4% - 5% of your coin in, which is considerably under the average theo of slots.
     
  3. jf3976

    jf3976 High-Roller

    Joined:
    Jan 27, 2015
    Messages:
    720
    Location:
    Mid-USA
    Trips to Las Vegas:
    8
    I'm pretty happy if I get same number of tier credits as I spend dollars. Often I'm less than that. If I stick to lower denom it usually is pretty close (max bet pennies), quarters, maybe dollars. If my bankroll is high enough, it usually close at higher denom too. I don't play much at CET anymore so don't dedicate as much of my bankroll there.
     
  4. TXactuarial

    TXactuarial Low-Roller

    Joined:
    Feb 6, 2014
    Messages:
    324
    Location:
    Iowa
    Trips to Las Vegas:
    6
    Doesn't that depend on the denomination?
     
  5. Chuck2009x

    Chuck2009x VIP Whale

    Joined:
    Apr 5, 2009
    Messages:
    4,072
    Trips to Las Vegas:
    16
    I does depend on the demomination, but I still would put penny slots at a 12.5 - 15% theoretical hold and $1 - $5 slots at no better than 5% - 6% (and it wouldn't surprise me if it's closer to 8%). In a given session, if you don't hit a jackpot or have a good streak of hitting a lot of smaller amounts, you are much more likely to lose at least twice the theoretical hold.

    $1,000 a day is a healthy bankroll, but to be able to average only a 4 - 5% loss on a daily basis for several days (which is how the OP has worded it, intentionally or not) would be unusual.
     
  6. nostresshere

    nostresshere Mr. Anti Debit Card

    Joined:
    May 4, 2009
    Messages:
    11,119
    Location:
    TN
    Trips to Las Vegas:
    19
    The coin in is exactly the same no matter what. $10 a bet is still $10 if a penny machine or $10 machine. The casino OVERALL hold is less on the higher denominations though.

    But, even then... it is over a long period of time.
     
  7. mason

    mason Tourist

    Joined:
    Jan 14, 2016
    Messages:
    54
    Trips to Las Vegas:
    20
    The reason I mentioned that I mentioned that my play is at CET is because they give multiplier bonuses if your reach certain amount of points earned in a gaming day.
     
  8. TIMSPEED

    TIMSPEED !địt mẹ!

    Joined:
    Aug 8, 2013
    Messages:
    4,570
    Location:
    Modesto, CA
    Trips to Las Vegas:
    001
    that's damn good. I'd be happy to get 2500 TC playing 99% low-variance video poker, on $1000 a day!
     
    Palace Tower Suite!
Tags:
Thread Status:
Not open for further replies.