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How is ADT even determined?

Discussion in 'Comps' started by lithium78, May 8, 2015.

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  1. lithium78

    lithium78 High-Roller

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    How exactly do casinos determine a player's ADT? And how are you supposed to figure it out as a player so you can figure out if you are receiving an appropriate level of comps. How does this relate to actual loss? I'm trying to understand this.
     
  2. RiddickBull

    RiddickBull VIP Whale

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    Theo divided by days = ADT

    Get a good host and they wont BS with you.
     
  3. lithium78

    lithium78 High-Roller

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    But how do you know your "theo"?
     
  4. RiddickBull

    RiddickBull VIP Whale

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    Ask your host.

    if they are a dick head, they will give you some round about. Sorry, I dont know how CET works.
     
  5. Scottndindy

    Scottndindy Low-Roller

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    At mlife you receive 33 tier credits for each dollar of theo so you can divide the tier you earned that trip to determine your theo.
     
  6. shifter

    shifter Degenerate Gambler

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    Short answer is you're not.

    Knowledgeable patrons are not what the casino is looking for.
     
  7. newmans

    newmans VIP Whale

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    ADT could have very little to do with actual losses. If you buy in for $5000 and have a quick loss, your ADT would be minimal.
     
  8. nostresshere

    nostresshere Mr. Anti Debit Card

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    Yep. It is not simple, for sure. And, even once you do know it, what actually is given back will vary widely depending on the current mood/cycle/finances of the casino. After all, they do not have to give you ANYTHING back in comps. They do it for one reason, and one reason only - to get you to come back and try again.
     
  9. Funkhouser

    Funkhouser In Charge of the Big Door

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    Its like any other business. I tend to look at the programs based on what they are giving you for promotions. That should be the starting point for what your play generally warrants in terms of back end / front end comps not
    sent by casino marketing department.

    The second thing to remember is, you never get the comp you don't ask for. It's a business so don't take it personally if you are denied and don't be embarrassed. The casino / resorts are in business to make money
    and they need to make decisions about loyal players walking thru their door. If you have a heavy losing session that did not accumulate a lot of points, its still okay to ask for a comp on your actual losses. Pushing nicely
    is an art form that has to be practiced. I have been surprised at the level of comps I have gotten by just asking nicely sometimes.
     
  10. Aceman

    Aceman Tourist

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    does anyone know if you can still look at the cookie?

    There was a way to do it some time ago.
     
  11. Hobofrank

    Hobofrank Prime Minister of Idiocracy

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    At mlife I've never had a host refuse to look up my theo just by calling on the phone
    they also tell me me how many hours I played at $xxx/hand
     
  12. TIMSPEED

    TIMSPEED !địt mẹ!

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    Nope, they fixed that "loophole".
     
    Palace Tower Suite!
  13. Aces and Eights

    Aces and Eights VIP Whale

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    Theoretical loss per day = [Average bet] x [percent house edge (played perfectly)] x [hands per hour (casino determines)] x [hours played/day]

    Mathematically the units are $ x $/$ x hands/hour x hours/day = $ x hands/day

    The $ x hands is your theoretical loss over so many hours of play. The floor person enters your average bet and re-adjusts as you play, and he enters your start and stop time.
    According to the book I have, "Casino Operations Management," some places allow the floor person to enter the pace of the game which is basically determined by the number of players at the table. I think most places use what is actually slower than the true pace of the game.
    But this is the basic formula.
     
  14. DeMoN2318

    DeMoN2318 The DERS

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    Percent house edge is gonna be %/hand, so your final units are going to be $/day
     
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