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Big but relatively infrequent betting $1,000 a hand

Discussion in 'Comps' started by Mr Comp 69, Apr 4, 2017.

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  1. Mr Comp 69

    Mr Comp 69 Tourist

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    i am not really a fan of sitting at the tables for hours and grinding out a long blackjack or baccarat session as the negative EV inevitably eats away at my bankroll. I prefer the mentality of truly gambling it up and playing maybe 10-60 hands a day of quick action. And leave for the if I get up or down 5 or so bets.

    If someone were to bet relatively large (perhaps not by this board's standards) at say, $1,000 a hand, would action like this get any more attention from hosts than the ADT would imply, simply because it's a larger bet? Obviously the ADT on say 10-60 bets of $1,000 at 1% house edge is only around $100-$600 ADT. Would the bettor in this scenario only receive credit for that much gambling or would they get treated better than the ADT would imply? If $1,000 a hand isn't enough, I assume at some point, that does become the case.
     
  2. Royal Flusher

    Royal Flusher Savvy Gambler

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    Playing a lower unit size for a longer period will get you more comps. You might not even get anything for 'taking a shot' at the house with a few large bets.

    Now, if you are betting $1000 a hand for four hours a day... :)
     
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  3. UKFanatic

    UKFanatic The Arbiter of Taste Caviar Kid

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    The short answer is no. Maybe if you play the full hour at $1000 a hand the first time you step foot on a property, you could get the attention of a host. But the next trip when you play for five or ten minutes, even at $1000 a hand, the host is immediately going to lose interest in your play
     
  4. yube baroke

    yube baroke Tourist

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    On bacc, you can play a few choice hands out of the shoe and hope the pit rates you for more time than you actually engaged in.
     
  5. bdautch

    bdautch VIP Whale

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    Can I ask a question? I am admittedly nowhere near this level of play, so I don't know what the implications are. For me personally, I don't care about hosts; I care about comps. So if I increased my level of play, I could see getting comped at Caesars or a suite at a lower level property instead of my usual Bally's Jubilee/Paris Burgundy room. Is it important to get the attention of a host, rather than simply increasing your tier credits so you can be a better "host" to yourself, so to speak, when you get better comps upon logging in? It sometimes seems like hosts are a hassle, when you get lectured about whether your play was sufficient, rather than just getting your comped room, checking in, and then playing how/when you see fit to play.

    But like I said, I'm miles out of my depth here, so I'm sure I'm missing something or I just don't personally value what hosts bring to the table aside from free rooms.
     
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  6. killswamper23

    killswamper23 Low-Roller

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    if you're going to do this (especially 60 bets not 10) find a full blackjack table
    Hopefully with a slow dealer

    You don't get 60 hands in an hour at a slow full table

    take a bath room break or two and at least try to stretch those 60 hands out over 2 hours

    if you're determined to play those 60 hands fast you'll end up with less comps
     
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  7. Mr Comp 69

    Mr Comp 69 Tourist

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    Good point about the full blackjack table. I would like someone to quantitatively analyze what the number of hands seen difference is with a full table vs being by yourself. Not to mention the card counting advantages of getting to see a dozen other cards each hand.

    Oh, will most places still keep you logged in and being rated during a bathroom break? Good to know. I was under the impression that that did not count. Although I suppose it's tough for them to realistically keep track of such things, so you make a good point.
     
  8. Mr Comp 69

    Mr Comp 69 Tourist

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    I feel like this is sort of misguided on the host's part. If i was the host and I see a guy throwing around big money, I would be salivating at the opportunity to try to get him to the tables. Just having the potential to have someone ante up the big bucks seems like it would be worth pursuing imo. You might fail to get action from 4 of 5 you pursue, but squeezing some extra play out of one of the big money guys seems like it could be quite lucrative. Unless theyre already so busy with big spenders that will put in endless hours that they simply dont care. But in this case, there should be a betting level at which my proposal would come into effect.
     
  9. Its Only Money

    Its Only Money VIP Whale

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    The problem with the infrequent high dollar bettor is variance. If the infrequent high dollar bettor is on the good side of variance the casino has no chance to win the money back. They really don't care about the bad side of the variance and don't reward you for it. They are still looking at the same formula for all bettors:

    Average bet x Hours of play x house edge

    If one of those numbers is small it kills the whole equation. Sorry but that's how it is.
     
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  10. Chuck2009x

    Chuck2009x VIP Whale

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    The first sentence of your OP explains it:

    You can potentially fake a host into upgrading your room or paying for dinner or whatever on the basis of flashing around a few big bets and/or representing yourself to be a much bigger player than you are. One time.
     
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  11. deansrobinson

    deansrobinson VIP Whale

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    and

    Seems like fair assessments to me. I can see where the casino would not be that interested in a one-timer playing large...'cause we like that slow bleed...death by a thousand busts.:cry:
     
  12. The Rumor

    The Rumor VIP Whale

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    I have seen stats on this before - try google. People have calculated the expected hands/hr based upon the number of players
     
  13. JeJas

    JeJas VIP Whale

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    That's just your wishful thinking. I would call it fantasy. Even worse, a gambler's fantasy.
     
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  14. Auggie

    Auggie Dovahkiin

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    The Wizard of Odds did something a few years ago, you can see that for Blackjack, Craps and Roulette here: https://wizardofodds.com/ask-the-wizard/136/

    Those numbers are just a guideline as it will depend on the casino and how fast the dealer and other players go - the table says a 6 player roulette table should see 35 spins an hour, where at my local casino they would be lucky to hit 10 spins an hour when the table is full.


    For the OP's question: No, casinos really hate it when players hit and run and while that might not be your intention, betting like that is how it would look. The only way a host would show interest is if they were to try and see if they could get you to play at that level regularly and consistently, as soon as they figure thats not going to be the case they'll lost interest fast.
     
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  15. Mr Comp 69

    Mr Comp 69 Tourist

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    Excellent, handy link. Thanks for sharing. Does the pit boss take that into account when rating you? Or is it always the standard time for every player no matter how full the table is?
     
  16. UKFanatic

    UKFanatic The Arbiter of Taste Caviar Kid

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    Unfortunately, your opinion is wrong. As I said, if you show up for the first time and throw yellow chips around for an hour, then yes, a host may take notice of you and give you a shot. But understand that even at that level, your play is worth no more to the host than someone who plays a couple black chips a hand for four hours a day. And there are a lot of players at that level. But what I am describing is your absolute maximum play. Like I said, as soon as you have a trip that involves only five minutes of gambling, the host is going to see you for what you are: a hit and run player. And those players do nothing for them.
     
  17. UKFanatic

    UKFanatic The Arbiter of Taste Caviar Kid

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    Highly doubtful. If you're going to try, I would suggest a mini bac table. At the midi tables, there is a supervisor watching every hand (and thus knows when you're sitting hands out) and all the play is reviewed via film later (and your rating can then be adjusted by the casino after the fact)
     
  18. zoobrew

    zoobrew High-Roller

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    The power of the number 1 and especially 0 in multiplications. I am sure that there are many slot players that can tell you the frustration of getting a bonus with a large multiplier and then getting zero credits in the bonus. 1 million times zero is still zero:(
     
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  19. DaiLun

    DaiLun R.C., L.C., and A.A.N.G.

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    IMHO, it's "action" that the hosts are interested in. How much over a given period of time is what counts. Players that "hit and git" (as I like to call it) are typically not successful in getting consistent long term comps. Unless they lose more on the "comeback" trips that the casinos know that they have a "degenerate gambler" on the hook.

    An acquaintance on mine made $10,000 in 15 minutes playing Blackjack and was amazed that the host wouldn't grant him a comp. Why?

    1)Because he only put in 15 minutes of playing time
    2)Because he was "up" at that point in time
    3)Because he's an "a**hole" (but that's another issue)

    He also lost about $20,000 "playing" for Bruno Mars tickets, and didn't get "comp" tickets either.

    in the late 70's (just to put the amount of money in perspective) I also played at a blackjack table where an old Asian lady, waiting for the bus home, lost $300 in three hands (less than 3 minutes). The pit boss came up and asked her if she needed anything, a room, a meal? No, she was just waiting for the call for the bus going home.

    So, in certain cases, in certain casinos, with certain pit bosses it could work to your advantage, but not very often.
     
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  20. Mr Comp 69

    Mr Comp 69 Tourist

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    Interesting. Thanks for sharing. I just thought of another example. Sports Betting. You can make a $10,000 or $50,000 sports bet and not get a comp for it because it's simply one bet. I suppose it's the same as betting $50,000 on a single hand of blackjack. They dont care. They want repeated play only.
     
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