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Coin in to not “underplay” a comp

Discussion in 'Comps' started by Marlin3, Jan 27, 2021.

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  1. FABismonte

    FABismonte Tell my wife I am "about even."

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    I agree that coin in is the most important factor. But a host at CET has also told me that they also factor in time playing and losses so it is a bit of a black box (at least to me). My hunch is that if one played one hour at high limit slots compared to four hours on a lower denomination machine, even with the same coin in, you will be more attractive for playing four hours.
     
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  2. FABismonte

    FABismonte Tell my wife I am "about even."

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    @DaiLun I recall you telling me that Reno and Tahoe are in the "market" for CET so I could see how low playing at one, hurts comps in the other. So I plan on going to stay at Harrah's Laughlin next week and may not play much there and hope to play at other casinos with better video poker schedules since if I sink my future CET Laughlin comps, it won't adversely affect my Vegas ones since I understand Laughlin and Vegas are two different "markets".
     
  3. DaiLun

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

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    Well, let me explain further. I believe that there is a "weighting factor" and although ALL CET properties count in the "overall" ADT calculation, the specific "market" ADT is calculated with more weight given to play in that market.

    As an example, my Las Vegas comps were barely affected, and I am in the $375 FP category and haven't budged from the number. However, in the Reno/Tahoe market (where I frequently double-dip), I went from $200 FP to $40 after that short play trip.
     
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  4. vegasvstr

    vegasvstr VIP Whale

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    Saw a newer slot machine being reset at Cromwell this past weekend and noticed it was set at 86.X, I think it was 86.4, but didn't quite make out the last number...
     
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  5. DaiLun

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

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    Unless you're playing at GSR Reno where I'm told that if you win, you are less likely to get backend comps.
     
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  6. vegas superfan

    vegas superfan VIP Whale

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    There's a lot of information in this thread but if all you are getting is a comp room and $50 fp at Flamingo, you don't have to worry about bumping your play down. That line of comps will still come.
     
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  7. JeJas

    JeJas VIP Whale

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    Most of the new machines these days are between 85-88% payback.
    88% used to be lowest of the low range, now it's the high mark. Talking about how greedy the casinos are.
     
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  8. HardEight44

    HardEight44 High-Roller

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    Don't play for comps.
     
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  9. aaisack

    aaisack High-Roller

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    Caesars properties comp people with low play, especially right now. You can get rooms without any play history for like 20-30 a night plus resort fees. They're not missing out on much by just charging the resort fees. I hit a Caesars property a couple times a year when I'm hanging out with friends more interested in the strip than I am. Very light play gets me free room offers. I wouldn't worry about your play dropping much unless you're someone getting big freeplay/resort credit offers you want to maintain.
     
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  10. WiBadgerbacker

    WiBadgerbacker Low-Roller

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    You are talking about potentially putting $1,500(500 additional/night x 3 nights) at risk to preserve $$450 in comps. The math doesn’t add up.

    The rooms at CET are always there, so it is really is $1,500 at risk for $50 in free play. Comp yourself instead.
     
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  11. DaiLun

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

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    "But I could win or at least break even!!!"

    I agree with @WiBadgerbacker

    This illustrates a couple of things:

    1)The customer's desire to get something that they can pay for "for free"
    2)The casino's understanding of human nature to want #1

    It has taken me a lllllooooonnnnngggg time for me to appreciate that, and try to (still not 100% successful) in playing to my budget.

    As I get towards the end of my 8-12 visits to Las Vegas a year, I have enough comps saved up that I don't have to pay for meals, but will occasionally go off strip/downtown to pay for them. Heck, I'll even pay for a meal at mLife or V/P because I get points for them.

    However, this (not chasing comps) is very difficult for some people to do, once they have started getting comps and had moderate success in gambling.

    My cousin and her husband don't gamble, and when they come to Las Vegas they PAY for EVERYTHING!! But, that's just how they roll . . .
     
    Last edited: Jan 28, 2021
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  12. JeJas

    JeJas VIP Whale

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    And it makes you feel even worse after you have realised that $50 freeplay in Vegas doesn't mean much at all.
     
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  13. alexm

    alexm VIP Whale

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    For sure not a hunch, my old host in AC flat out told me the consideration is both time on device and coin-in. The time on device gives them what he called "a fair shot at the money". Basically you could play 80 hands of 25$ (125 per deal) VP for 10k coin in. and you could do that in less than 15 minutes. Obviously you could lose very quickly or win very quickly, but if you win very quickly, they may think you aren't going to give them a fair shot at the money every time. So the host told me they like to see at least 4 hours of play per day in addition to the coin-in goals. Host at the plaza from a few years ago basically said the exact same thing. No less than 4 hours of play per day and then the coin in is truly considered.
     
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  14. alexm

    alexm VIP Whale

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    I agree with this statement completely. We don't put any more money in play than we would even if we weren't being comped. The only thing for us that has changed is being cognizant of our numbers and what we should get for them. To me that's the important aspect of comps. We like to play and gamble and did so before comps, and for sure would still play after comps are gone, so for us we make sure to reap our rewards from our play, but don't dramatically change our play for rewards.
     
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  15. Marky147

    Marky147 VIP Whale

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    I never average more than $2.5k coin in a day over a trip, and I have comps everywhere with MLife.

    I play long sessions at ~$1 a spin, so have always gathered that the time I spend playing is factored into my comps.
     
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  16. timtanium

    timtanium Tourist

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    If you want your bankroll to last in video poker, don’t play at any Caesar properties on the strip.
     
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  17. Marlin3

    Marlin3 Low-Roller

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    Thanks for the advice everyone. I took out enough cash for $500 a day but took some more out in case I want to go back to my typical play. Whatever I’m left with will just go back into my crypto which is like gambling anyway (with much better odds! Lol)
     
  18. phantomfj

    phantomfj High-Roller

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    The talk about time on device made me wonder, if you have 2 people playing on one card in the same 2 hours span, is that considered 2 or 4 hours of play?
     
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  19. lesleyy

    lesleyy Tourist

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    can you elaborate what kinda comps? I coin in about the same rate.. but curious
     
  20. Flowers

    Flowers VIP Whale

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    Years ago my Wynncore host also talked to me about time to underscore why, even though I never played high limit slots and at most played 10 play quarter UX, I was considered a very strong "slot" player, which is when I got invited to my first Wynn NYE party, etc; it was significantly about the length of my play. Some days I might have 12+ hours of play over the course of a day.
     
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