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confused about tier score and coin in

Discussion in 'Comps' started by Carole, Jul 4, 2014.

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  1. Carole

    Carole Low-Roller

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    If I ended up with just under 40,000 as tier score for last year, and my win/loss statement says I lost just under 12,000 for the year how does one relate to the other?
     
  2. AllNetDad

    AllNetDad Tourist

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    The quick answer is, they don't relate to one another.

    Tier score is a result of the total amount of your bets, the games you played, money you spent on food and rooms, and perhaps bonus points received. Depends on the club.

    Loss is a result of the bets you made, house advantage, skill where applicable, and variance. IOW, you could have bet the same amount and WON 12K.
     
  3. nostresshere

    nostresshere Mr. Anti Debit Card

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    Assuming you were playing regular slots and not counting any bonus and were playing at CET, you put in $200,000 into the machine. You could win or loose thousands. No matter.

    (CET gives you 1 credit for each $5 you BET - plus various bonus, etc)
     
  4. Auggie

    Auggie Dovahkiin

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    Yeah, Tier Score is how much money you played through the machines (at $5 a point on slots = $200,000) and loss is how much you spent doing it.

    They don't relate because you could sit at a slot machine, put in $20, play for 30 minutes, earn 50 tier credits and cash out at $20 "breaking even"
    Likewise you could put $20 in a slot machine, get your ass handed to you, earn only 4 or 5 tier credits and have $0 leftover.
     
  5. nostresshere

    nostresshere Mr. Anti Debit Card

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    At first, I thought your post was in error. After reading, I see that it could be right. Just depends on how it is read/understood.

    Loss can be what you lost from your pocket, or what you lost because you kept playing. Either way, it does not matter. All measurements are based on bets made - often referred to coin in which can be misleading. Even when you play off money you just won, that is called coin in because you are betting it.


    For example, you could sit down with $100. Play all day on that original cash in due to lots of wins (small or large), but at the end of the day, you have $50 left when you finally give up. The points earned are the same - all based on each bet. So if you were betting $4 a spin and did it 1200 times, you would have $48,000 coin in, even though you only started with $100 of your own money. At 1 point for every $5 played, that would give you 9,600 tier credits. Same answer if you cashed out with $0, or $5,000.
     
  6. Carole

    Carole Low-Roller

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    Thanks for the answers. I guess I was trying to ultimately determine how valuable I was to CET. The only way I make tier points is by gambling...no shopping, or meals as I use my rewards credits for that. I recently had a change of host, which was not my choice but my host is off for extended period of time and the new host has let me know to pretty much not expect anything. The only thing I ever ask for is room upgrade once a year when we go to vegas with large group. I go twice a year but the group goes once and collectively we spend a lot of money..all at cet properties. My total trips to casino's throughout the year is about 5.
     
  7. Auggie

    Auggie Dovahkiin

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    Well what I meant was: in the OP's original post they have 40,000 TCs and a loss of $12,000... that means each 1 TC cost them $3.33 to earn.

    The two aren't related because the next 10,000 TCs they earn won't necessarily cost them $3,333.33... the next 10,000 TCs could cost them that, could cost them $5,000, could be $10,000, could be $500... or they could even turn a profit if they were lucky and still earn the 10,000 TCs.


    For the OP and how valuable they are to CET:
    That depends on a few things. With 40,000 TCs I would say you are pretty valuable overall, but some of it does depend on how you earned the TCs...

    - Were there lots of bonus TCs in there?
    If lots of bonus TCs then that will diminish your value

    - How many trips to the casino did you earn the TCs in?
    If you earned 40,000 TCs in just a few days in the casino (IE: two five day trips) it would be a lot more value than if you did twenty three day trips

    - Do you have a local CET casino where you earned a lot of these points?
    If you live near a CET casino and earned most of your points by maybe going there a few times a month or even multiple times a week then that has a lot less value than somebody who only goes and earns the points in Las Vegas.


    But in the end the best gauge is going to be what they offer you. Try logging in to the Total Rewards site and see what is there for you, because if people here say "Oh wow, I bet they love you and are going to pile on the offers!" and you log in and see next to nothing it doesn't mean anything, you can't call them up and say "Hey, random people on the internet said I should have ______!"
     
  8. Kickin

    Kickin Flea

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    You can break out your TCs earned just from gaming on a month to month basis from the TR site. Just look at past statements. And if you play only slots or only VP you can translate that into coin-in. It would be interesting to see what your loss was a percentage of your coin-in. But if you play a mix of games then even breaking out the TCs from gaming won't tell you much since slots, VP, and tables all earn at different rates.
     
  9. Carole

    Carole Low-Roller

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    Ok I went to my tr page and checked for the last 6 months from last year. I play slots (not vp) about 90 percent of the time, the rest is 3 card poker. October/7756, Sept/2365, August/3991, July 6332. I usually stay 2 nights, September was probably 1 night.
     
  10. nostresshere

    nostresshere Mr. Anti Debit Card

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    You are not worth much to CET with those numbers. Okay, but do not expect much from a host. They will use your TR Credits to pay for anything first anyways. I would not expect much in offers though rooms via the rate calendar should be somewhat available.

    Another IMPORTANT point about value to casino. Offers are based on your PLAY and not on your spend in restaurants, etc. Offers are not based on tier or total points either. All offers (value to casino) are based on average daily play.
     
  11. buffalo

    buffalo Low-Roller

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    If all that came from slots your payback was 94%, which is pretty impressive from CET on the Strip with that much coin in.
     
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