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mlife tier questions and best ways to get comps?

Discussion in 'Comps' started by venetianlion, Jun 27, 2015.

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  1. venetianlion

    venetianlion Tourist

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    I have some questions about the mlife tier system.

    Do you get 25 tier credits for every dollar you spend while shopping at The Crystals and is there a limit to how many points you can get this way? Can I spend $10,000 and become a platinum tier member instantly? Does the Venetian or Caesar's Palace have a player's club system and can you earn tier points by shopping with them too?

    I enjoy dining, shows and shopping, so the better the tier, the better it is for getting more of what I want out of Vegas.

    Are you more likely to get a room upgrade or a comp if you are at least a platinum member? Would I be more likely to get them if I went shopping first, hit platinum and then checked into a hotel or would it be better to book in advance? How can I maximize tier credits earned when planning a trip?

    Is there a confirmed way to get a NOIR invitation? If I don't gamble would I be less likely to get a NOIR invite even if I got millions of points spending money in other ways? I read you needed 2 million points before they made it invitation only.
     
  2. SH0CK

    SH0CK Stylin' and Profilin' Quasi Tech Admin

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    Comps are based on gambling spend not tier level. Buying your way to Platinum will get you extra perks, but won't help a lot with getting a free room.
     
  3. venetianlion

    venetianlion Tourist

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    Has anyone figured out how much you need to lose before they will comp you? I want the NOIR card because you can use it to get guaranteed dining and ticket reservations. If I bring a friend, can they gamble using my mlife card?
     
  4. shifter

    shifter Degenerate Gambler

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    if you don't gamble,

    you have a 0% chance of a Noir invite.

    it's a very expensive card to own.

    you need 100k theo or 200k loss in a year.
     
  5. venetianlion

    venetianlion Tourist

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    What is theo?
     
  6. shifter

    shifter Degenerate Gambler

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    theoretical loss from how much action you give them.

    on a game with a 1% HA like Bacc, 100k theo requires you to place 10M in bets.

    on a game like BJ, it would be 20-40M.
     
  7. Auggie

    Auggie Dovahkiin

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    You don't have to gamble much to get comps: lose $100 a day at slots and you will get the casino rate on your next visit - not much of a comp, but it is a comp nonetheless.

    And there isn't really any set number like "If you lose $X in the casino you will get $Y for comps" because the system isn't really that cut and dried. A good rule of thumb is that the casino will return to you in comps about 30-35% of your theoretical loss. So if you run a dollar through a slot machine with a 10% house edge then you probably earned about 3 cents worth of comps.

    Thats not much, but then if you do 800 spins an hour at a dollar and play for 7 hours a day over a 5 day trip then it will add up to quite a bit.

    If you don't gamble they aren't going to invite you to be NOIR
     
  8. venetianlion

    venetianlion Tourist

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    How much would I need to gamble on a slot machine to get a 100K theo? How about blackjack? Roulette? Do I need to bring $100K to bet with or much more than that? I still don't get how it works. Like if you bet $100K in slots but the odds are you walk away with 90% of what you came with, does that mean that your theo would be $100K or just $10K?

    Can I link my mlife card to someone else and let them gamble while I go do other stuff?
     
  9. FullBoat

    FullBoat VIP Whale

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    Along the same lines as this. If I gamble at MGM could I get a comped room at another property later? Planning a birthday trip in February with a friend, and they want to stay at Excalibur. I'll probably rate about $100/hand at craps. I'll play at Excalibur, and Luxor(for nothing else to get a chip for my collection). But, MGM is a closer walk from PH.
     
  10. shifter

    shifter Degenerate Gambler

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    I already gave you the numbers for BJ.

    Slots would depend on what machines but you can figure 1M-2M coin in.

    Roulette would be 2-5M depending on 0 or 00 and what bets you made.
     
  11. Auggie

    Auggie Dovahkiin

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    The "100K theo" is a $100,000 theoretical loss.

    What that means is: through your play, in theory and irregardless of what actually happens, you would lose $100,000 based on your betting versus the house edge.

    So if you were playing a slot machine with a 90% payback (thats a 10% house edge) then you would need to be able to play through $1,000,000 to get that $100,000 theoretical loss.

    If it was roulette and a 2.6% house edge then you would need to be able to play through about $4,000,000


    But again, its invite only: if you go with roulette and make $4,000,000 in wagers that doesn't mean they have to invite you and there is a pretty good chance they won't. They don't want you in the NOIR program because you did it one time... NOIR is for players that are there to play at that level, not try to min and max and work the system.

    You can game the system to get to gold and platinum by doing that, but not with the NOIR level - why would they reward you with the NOIR level if the other person is playing at that level and not you?
     
  12. venetianlion

    venetianlion Tourist

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    It does not really matter to me who has the card. If a friend reaches the NOIR level but uses it to get us tickets or always get the reservations we want, when we want, then it still serves the purpose I want it to.

    I don't think doing this really qualifies as gaming the system since the money is going to be spent at MGM properties anyway, I just don't want to put in the time and hours gambling to get the benefits I want from the card, even though I can but I know others who would do that for me so we can get more of what we enjoy out of our visits.

    A $100K theo means the NOIR card is a little over $8K a month for the ability to always get into the best restaurant or hottest show in Vegas with an occasional better or free room, if you got the card for that.

    I have friends who come with me and expect to lose $10K at slots each time they visit. If I just lend them the funds to play at a higher level, with the understanding to stop if they lose at least $10K and they can keep anything they win, we would all benefit and get to do more of what we already do if we could get that card.

    As long as the system allows it, it is legal and we are not depriving MGM because they would still be getting that $100K a year, I do not see a reason why we should not take advantage of it if it is made available.
     
  13. shifter

    shifter Degenerate Gambler

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    The card costs a lot more than that.

    You can easily lose several hundred thousand to get that 100k theo.
     
  14. shifter

    shifter Degenerate Gambler

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    And even if you don't, it's not linear like that.

    You can lose 100k with 10k theo and then next time you can win 200k with 60k theo and then next time you lose 300k with 20k theo, etc.

    - - - Updated - - -

    And you can have entire years where every trip you get killed with little theo and then next year you can't lose and kill them trip after trip with high theo.
     
  15. Chuck2009x

    Chuck2009x VIP Whale

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    That's ridiculous, a thousand bucks a trip in grease money will get you 95% of that.
     
  16. venetianlion

    venetianlion Tourist

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    Sure, you can easily lose several hundred thousand dollars to get that card but who would go that far in pursuit of comps? The point of Vegas is to have fun and comps are never worth your losses. By trying this, if we get the card, great, if not, we will still enjoy our time in Vegas. It would just be nice to visit more often and bring along others who have never been there and not have to worry about reservations.
     
  17. venetianlion

    venetianlion Tourist

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    Does it matter if it is linear as long as the house average works out in their favor and we stick to the rule of walking away when getting $10K down?

    I'm not sure how long or how many days it takes to play through just $10K on average that my friends usually do. My concern about this would be potentially cutting into their play time if the $10K is lost much more quickly when betting higher. I could see chipping in so that way if they lost the $10K, we could stop chasing the card and they could go back to betting how they normally do with lower amounts and just not use the card so it would not reflect on the theo average or they could go to other casinos since they do not play exclusively at MGM properties and try again the next trip and it would not effect their length of play or enjoyment.
     
  18. shifter

    shifter Degenerate Gambler

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    The bottom line is if you're not losing the money, you're not going to get invited to Noir.

    At the upper levels and incites, etc it's all about actual loss and much less about theo.
     
  19. RiddickBull

    RiddickBull VIP Whale

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    Really, reservations are you main concern for obtaining a NOIR card?

    Book your reservations early or go elsewhere. Problem solved.

    It's not worth risking 6 figures for a piece of plastic that guarantees you reservations.
     
  20. venetianlion

    venetianlion Tourist

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    You can attempt to grease people but can you always count on that to work?

    Say that I have an important client I need to impress and wants to get into somewhere that is completely packed that night, having that NOIR card would put the odds 100% in my favor and can you really put a price tag on that?

    It is not about the money, it is about the luxury of being able to go where you want, when you want.
     
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