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Theo what do these number mean

Discussion in 'Comps' started by lucky069, Feb 19, 2015.

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  1. lucky069

    lucky069 Tourist

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    Just returned from trip Host gave me these numbers.

    23 hours of play

    loss $ 4301.00

    theoretical win $4567

    I have no idea what this means I have played for years just never had a host give me numbers before any help would be great. Most of my play was at Caesars Palace. I always get free rooms our last trip we received $700 free play. Thanks for any info.
     
  2. shifter

    shifter Degenerate Gambler

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    Doesn't mean anything without a context.
     
  3. RiddickBull

    RiddickBull VIP Whale

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    You had a theo of ~4500

    You should expect to receive 30-40% of your theo in comps.
     
  4. Packer

    Packer VIP Whale

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    I live how all host with new clients call theo a theoretical win!
     
  5. lucky069

    lucky069 Tourist

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    Yeah I looked at the email and thought win, what the hell I didn't win nothing. I know I gained 31,000 points so I am diamond for awhile again. I appreciate the feedback already.

    Wife sad you need to do your trip report thing that you read all the time, maybe ill try that. Thanks again.
     
  6. JeJas

    JeJas VIP Whale

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    Confusion to say the least.

    "loss $4301.00" means you, the player, lost that much money,
    "theoretical win $4567" means the casino (NOT you!) won that much.
    So the two numbers matched pretty well. And the host was happy with your action (and particularly your loss!).
     
  7. JeJas

    JeJas VIP Whale

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    repeat. deleted.
     
    Last edited: Feb 21, 2015
  8. Auggie

    Auggie Dovahkiin

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    Yeah, "Win" is a casino term referring to how much they won off you, not how much you won off them.

    So what the numbers are saying is: you actually lost $4301, but in theory you should have lost $4567... so you came out a little bit ahead of the house edge on the game(s) played.
     
  9. davidcyndi

    davidcyndi Low-Roller

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    means your username doesn't fit you. lol
     
  10. lucky069

    lucky069 Tourist

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    lol I agree to that. im gonnna change it to loser.

    thanks for the replies im still confused. I think ill contact the host. what should I ask cause obviously what he gave me don't make sense
     
  11. Auggie

    Auggie Dovahkiin

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    The numbers your host gave you were:

    So what that means is:
    --> you played for 23 hours.
    --> while playing you lost $4301
    --> but if you went by house edge alone, you should have lost $4567
     
  12. Packer

    Packer VIP Whale

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    And you had about 1600.00 worth of comps available. Give or take
     
  13. JeJas

    JeJas VIP Whale

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    Now I agree with this.
    I can imagine the host was very mad with OP because OP didn't loss enough (should be $4567).
    What the host tried to tell the OP was like this: "unless you loss another $266, I am not going to comp you anything." LOL
     
  14. SandsFan

    SandsFan VIP Whale

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    Not to hijack the thread but I have a theo quetion. Last trip, playing Video poker mostly, I had over 9000 TC not counting bonus. That would be over 90,000 coin in so it the theo about 2% of that for VP?
     
  15. JeJas

    JeJas VIP Whale

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    I don't think the casino will give you %2 theo on VP. 1% would be very generous.
     
  16. TIMSPEED

    TIMSPEED !địt mẹ!

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    at CET, the paytables are so terrible, its more like 3%-5%...
     
    Palace Tower Suite!
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