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Lowering your current level of play.

Discussion in 'Misc. Vegas Chat' started by Packer, Apr 15, 2015.

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  1. Packer

    Packer VIP Whale

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    My friend broncofn got me thinking and I wanted to ask this question to you all here instead of on someone's TR .
    The amount doesn't matter (It is all relative). The only poignant fact is.... You have increased your BR and average wager over the last many years. You now either have a different financial situation, you just don't want to throw money away anymore or simply don't want to use a large BR anymore. Can you still enjoy Las Vegas and travel there the same amount of yearly trips if you decrease your BR and avg bet substantially? Again, the amount is all relative but here are a few examples. 3000 a hand to 300, 1500 a hand to 100 or 100 a hand to 5.00. Or, a bankroll of 3000 a day to 300 a day and so on..

    For me, the past 4 years I have been playing at a much higher level (I happen to be lucky over the last 4 years and im wayyyy up). I really don't think I could go back down. The rush wouldn't be the same. I also like the perks too much at the higher level. Suites, food, shows, fights, clubs, limos, RFB and so on. Bottom line, If I went down to a 100 level (Which I know is still a lot) but still could afford the higher level im a little embarrassed to say I might be in Las Vegas once a year instead of 12. You?

    For me its Las Vegas but I know some of you go to Indian casinos, casinos in the mid west, back east and so on. No matter where you go can you still go as much and wager a fraction of what you once did?

    I have read some post here and want to add... Remember, anyone can reduce the amounts for one or two trips a year. Can you or are you willing to substantially lower your BR and/or average bets for all your casino trips during the whole year? Are the perks just too good to lower your averages? Do you not get the same adrenaline rush from substantially lowering your wagers? Do you feel bad when you lose 100% of your BR? I know when I lose 100% of my BR sometimes I want to take a break from trips. But I don't think I can start wagering 5.00 instead of 300 a hand or whatever you wager.
     
    Last edited: Apr 16, 2015
  2. Imperial_Palace_King

    Imperial_Palace_King High-Roller

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    My answer is yes. On my last trip to Vegas I didn't gamble anywhere near as big as I have in the past. Going there and not losing a lot of coin means I can make more trips. I still had a great time not playing on as high of a level.
     
  3. BreakEven

    BreakEven Low-Roller

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    I think the reason for the decrease would make a difference.

    If you have a different financial situation, then I bet you'd get the same rush from a lower amount. The WAY bigger problem here would be adjusting your lifestyle everywhere else :)

    If you choose to bet less, then you have more cash available to pay for the perks. Yeah, it's not the same as getting a freebie. But you also don't have to feel obligated to anyone. The rush may not be the same, but if you're still having a great time, why not?
     
    Only 2nd trip for year :(
  4. TIMSPEED

    TIMSPEED !địt mẹ!

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    I could play 5c video poker, and $5 BJ (if they still had decent rules)...problem is, I wouldn't get comped weekend rooms (I can't go during the week); and weekend vegas rooms are $$$
    So I'd rather gamble bigger, and my -EV is less than the cost of paying for rooms...
     
    Palace Tower Suite!
  5. topcard

    topcard Older than the Stardust!

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    The answer is yes. Although not a dramatic decrease, I used to play $25-to-$75 blackjack every trip... I now play $10-to-$40 blackjack, and I have just as much fun.
    My bankroll hasn't changed much - but I almost never get tapped out either. I actually win on most trips.
    Now, my "winning" trips represent about one bet for you, but they still feel great to me.
    As long as your room is comped, you're eating fee (or practically free), and the drinks keep coming, it's a great way to spend a few days.
    Since I usually come home with more money than I went with, the lower limit play really doesn't matter that much.

    I had far more losing trips when I used to bet more per hand.
    Perhaps I've just become a better blackjack player...or perhaps it's the absence of desperation-play when betting at lower limits... but I sure seem to have more winning trips at $10/hand than I ever did at $25/hand.
    Obviously, your mileage may vary.
    :beer:
     
    Seems like forever from now, but the flights are booked, so it counts!
  6. schmalen1

    schmalen1 Low-Roller

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    If there is no need for it, I wouldn't decrease my BR. Must admit, they got me hooked with theire perks.
    I play on a level with a loss I easily can afford without any effects on my normal life. Beeing self-employed means, I don't want to spent time on searching for the best hotel offer or airfare. I want to write my host an email and wait for the confirmation without any hassle and use the most conviencef On vacation, I love that I don't have to wait in line for a buffet, go to the VIP-CI, or Skysuite CI in my case, took some beverages out of the Ss lounge instead of going to walmart or sth. to save on drinks. Time is valuable for me.
    To decrease my BR would save me money, but no time.
     
  7. Scottndindy

    Scottndindy Low-Roller

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    I vary my trips throughout the year and usually do 1 or 2 big budget trips and 2-3 small budget trips. With the budget changes comes a change in average bet. On my small budget trips I average around 100 per hand and on my bigger budget trips I average around 400-500 per hand. While this isn't as dramatic as your original example I still enjoy it. One thing that I do to not affect my future comps is I do my bigger trips with Mlife properties and smaller trips with CET properties.
     
  8. bardolator

    bardolator Lifelong Low Roller

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    I probably wouldn't reduce my play. I like to stay at the same casino every trip and play enough to earn a room for the next trip. Since I enjoy gambling and take a reasonable bankroll to town, it hasn't been a problem to do that. What would have an effect is either the raising of coin in required to earn the room or the lowering of payouts for my favorite games. These would cause me to seek another casino or consider not going to Vegas.
     
  9. Joe

    Joe VIP Whale

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    If there was a reason to reduce, then definitely yes, or even cancel vacations all together. I've tried and just can't go back to quarter VP, I'm stuck at dollars now.
     
    Christmas
  10. sigsev

    sigsev Low-Roller

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    If I had to, I would do it.

    I don't play the same everywhere. If I'm at some property that I don't care about the action I'll scale back. If I'm at one of my usual places I'll play like I usually do. It can be kind of refreshing to bet reds sometimes and not sweat it. Of course gamblers only truly get excited when the action is a little out of their comfort zone.
     
  11. Yall

    Yall Low-Roller

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    Interesting, because with my first solo venture around the corner I'm curious to see how it will impact my play. For starters my BR usually includes doling out hundo's to the Mrs. Her not being present will put 300/day right back into my BR.

    Also, since I'll be left to my own devices, I may gamble less frequently but with larger bets. For example, when I'm out there with friends, I'll end up gambling about 10 hours/day. This means I'm usually playing lower limits (anywhere from $5-25 on BJ and $5-10 on Craps). I'll be hanging out with a few non-gambling local friends on part of Saturday and most of Sunday (the reason for my trip is technically to go to my old Army buddy's 50th birthday party) so I'm thinking my "focused" gaming will be consolidated to Friday night and Saturday morning. Assuming a bankroll of somewhere in the 2-3K neighborhood, I could probably up my bets to $50/hand which would probably heighten the rush for me a bit.

    We'll see how it all works out though. Half of the fun (for me anyway) is planning the trip to Vegas, and the other half is watching all of my plans go completely awry!
     
    Last trip as a non-parent...
  12. DeadManHand

    DeadManHand Low-Roller

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    I can play mid or low roller with same degree of satisfaction depending on who I am with. Last trip was with my wife who is a low roller so I joined her and had a great time. In June I have a guys trip for the WSOP and the stakes and BR go way up. I love the LV atmosphere and can have a good time in very diverse settings. I stay different hotels most trips just for the change of pace and different gambling options. I guess my rush is just being in Vegas and I go with the flow from there.
     
  13. Gamesman

    Gamesman VIP Whale

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    I don't like lowering my BR or bets. Like you, I enjoy the free suites, F&B, and VIP treatment in general. I'll like just increase my BR over the years. I play what I can afford to lose.
     
  14. UKFanatic

    UKFanatic The Arbiter of Taste Caviar Kid

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    It's an interesting question, Packer. I will share my personal experience, which might be somewhat similar to yours. I started gambling in 2004 as the lowest of the low rollers (looking for $3 and $5 tables). By 2005, I had increased my bankroll to $6000 and started going on a lot more gambling trips. That level of play was usually enough to get me a free standard room, maybe a little free food, and I would always have a great time.

    Toward the end of 2011, however, I decided I wanted to play at a higher level. I increased my bankroll to $25,000, booked a room at the Bellagio, and proceeded to lose more than I ever had in my life, lol. But I analyzed my wagering errors, decided the really big loss was always possible, but not likely with my style of play, and decided to at least play out the year at the higher level. By the fall, I had gotten hosts at a few major properties, was starting to stay in suites, and actually got most of my money back and finished the year slightly in the black. And I was hooked. The comps were nice, but it was really the rush of gambling at that level. The next two years only fed that rush.

    In 2012 and 2013, I went on a crazy two year hot streak. I went on gambling trips almost monthly and rarely lost. My bankroll grew to well over six figures and my average bet would vary between 3k and 5k depending on the trip. I left a lot of comps on the table, but did not care. I was getting all the stuff I wanted, which are the same things you mention in your post (the fancy suites, the excellent meals, clubs, pools, limos, etc.). But as crazy as it sounds, betting more and more got boring. And the crazy hot streak ended.

    Late in 2013, I made the decision to scale back my betting. At first, I scaled it back too much. I went back to betting a couple black chips a hand. I missed the rush. So I increased my wagers back up to between 1k and 2k a hand. Very happy I did not go back up to my old levels because I got my ass handed to me gambling in 2014 (and around even so far this year). Lately, I have been considering scaling back again. I think it might be easier to go to betting a few black chips from one yellow than it was to go from betting flags to black. I have thought too about not getting the same comps. If and when that happens, I will miss those things. But I also know that since I never went overboard on the comps, I can pay for everything the resorts would comp me just by winning a few hands each day.

    So the answer to your question is obviously different for every player and it sounds like you may not be ready to scale things back. But if you do, I suggest doing it incrementally. You will find different pleasures (I can always have fun playing 25 cent VP or $25 craps) and just pay out of pocket for the things your host would give you. Good luck
     
  15. BCMike

    BCMike VIP Whale

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    I think the key for me is I really like getting the room comps. I could probably do without the rest. I play alot of penny slots mostly though and don't think I could lower my bets. I'm sure I could just gamble less and fill the day with other stuff.
     
  16. VegasBJ

    VegasBJ VIP Whale

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    Cross post from other thread

    I find it hard to go back down in bet size. Winning the smaller bets will just not bring the same thrill once you have been used to betting larger. The "problem" with betting larger is your bankroll has to increase as well to get the same amount of play (in terms of time) for each trip. Each successive trip then also has to maintain the same bankroll size, which IMHO, is the hardest part of maintaining a consistently larger bet size, or becoming a consistently larger player (taking into consideration that you are still making the same amount of trips in a year). My trip bankroll from 10 years ago, which was already fairly substantial, has increased maybe 4-fold since then. Getting a BJ on a minimum bet is more like an FU if you have reduced your bet sizing from what you are used to.
     
  17. topcard

    topcard Older than the Stardust!

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    Here's the thing about comps - I have never been in that same stratospheric comp level as you have, packer (or UKFan)...so, I have nothing to "miss"...
    Even back when I played more green than red, it was still just room & food at Stardust, Riv or Mirage.
    So for me, there really wasn't a change in comp level... after all, there's really not that much difference between a $25 bet and a $10 one.
    But that does represent a 60% reduction in my average betting... (actually, it wasn't really that much...probably closer to about 50% reduction)

    I suspect that even if you did the same - cut your average bet in half - your comps would likely change very little - if at all.

    Something else to keep in mind is the cost of those comps if you paid cash... as UK pointed out - it's only a couple of bets.

    I scaled back for two reasons - I wanted to get back to taking more trips per year, like I did when I was single (and I have)...and I wanted to minimize my exposure to a loss that would keep me away for an entire year... (those both go hand-in-hand, actually).

    I could go back to betting green on any trip...but if I did so & had a losing trip that is comparable to the periodic losing trips I currently have - that loss (for example) would have been more than twice what it actually was on my last trip.

    Instead of three or four trips in 2015, I'd be looking at no more until early 2016... that's because I refuse to go over my pre-allocated budget for gambling.

    So - the question really is: Why are you considering a drop in BR or $$-per-hand? The "why" is just as important as the question...& it definitely impacts the answer.
    :beer:
     
    Seems like forever from now, but the flights are booked, so it counts!
  18. Hobofrank

    Hobofrank Prime Minister of Idiocracy

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    I couldn't imagine scaling back, I need to bet enough where I'm sweating it a little, otherwise it's like playing $5 BR poker
    with my super low rolling friends, who cares if one of the 4 guys wins the $20 pot?
    (it's really just an excuse to hangout)

    also this last year the comps really started rolling in and that 1 hr flight time from Burbank with tix paid for with points?
    makes it tough not to go and go often
     
  19. newmans

    newmans VIP Whale

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    +1

    I play a lot of craps and I can't play a $5 minimum with the same small bets on the table.
    1. At $5, it's hard to get ahead and press up to a meaningful level
    2. I don't have the patience at a $5 table for a full table of newbies

    I don't play for comps, but like the comp benefits of playing at a level that I'm comfortable with.
     
  20. phade

    phade Low-Roller

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    My wife and I are typically 1x a year visitors. My gaming bankroll historically around $2k. It is nothing compared to many of the posters here.

    Last summer, we made a decision to go out, not gamble as much, and focus a little more on the relaxation component. My BR for gaming went down to $600 and I had a break-even trip. Surprisingly, I had an equally fun time gambling. My slot time was about equal with smaller avg spin bet. I did reduce the amount of time playing table games and focused alot of that on the one evening we spent DT. I did play more tournament poker and sports betting as I wanted to stretch the value of my BR time-wise. I had three four team parlays going on basic $10 bets one night, and all three were down to the last game for winners (all three final games going simultaneously) and of course I lost all three. But, we had a blast eating dinner with the TVs on in the background and watching. I'm also a decent tourney player and placed in the events I entered.

    In the end, I broke even after the last night was a beating on the slots. But, my wife and I talked about it and this was the most fun of the three trips we've taken there together.

    We're not planning a LV visit this year due to a big family cruise (sort of a last go 'round with the fam together as a couple are aged up there). We will be back in 2016 and I actually think I may again take this approach. I do think my modification of my gaming choices helped. I don't think I could game the same as I did with a $2k bankroll and be happy with a $600 bankroll.
     
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