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Minimum bet for drink ticket?

Discussion in 'The Sports Book' started by NolaWave, Jun 23, 2018.

  1. NolaWave

    NolaWave Tourist

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    In your experience, what's the minimum bet you have to make to get a drink ticket at various sports books around town? Anyone have experience at Cosmopolitan?
     
  2. spicole

    spicole No shirt, no shoes... NO DICE!

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    Places like Cosmo, Aria, and Bellagio are typically looking for $200 min bet, maybe less. Tipping and asking for a ticket may be worth it. YMMV.
     
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  3. thecarve

    thecarve Misanthrope

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    Wynn wants $300. I’m not sure that Cosmo (CG) gives out tickets (hopefully someone will correct me.) I remember (a few years ago) seeing signs at Monte Carlo and Mandalay Bay saying $125 was necessary for a ticket.

    I’ll echo @spicole ’s advice: tip and ask!
     
  4. UKFanatic

    UKFanatic The Arbiter of Taste Caviar Kid

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    Cosmo is CG. That means no drink tickets
     
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  5. todd7764

    todd7764 Low-Roller

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    This.
     
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  6. Wedgefromhere

    Wedgefromhere Low-Roller

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    Not a minimum (and probably a maximum), but I got back a couple of weeks ago and was told The Mirage just changed their drink ticket policy. It's now $500 for sports and $20 for horses.
     
  7. DeMoN2318

    DeMoN2318 The DERS

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    In April 2018, Mandalay Bay told me $500 min for a drink ticket
     
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  8. Mudhen

    Mudhen Smart Axe

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    Last month, every time I bet $100 on a baseball game at Caesars Palace, I got a drink ticket, without even asking.

    Last year, the Luxor also gave me a drink ticket every time I placed a $100 bet on baseball. I asked if there was a minimum amount needed to get a drink ticket, and the writer said he could give me as many as he wanted to. Then he asked how many I wanted. Not wanting to appear greedy, I said two.

    Maybe I just look like I need a drink.
     
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  9. Breeze147

    Breeze147 Button Man

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    Actually, it has always been my feeling that the drink ticket is bullshit. I would rather pay for a drink than have these bastards set an unreasonable minimum on me.

    Even if I were a high roller, I would tell them to shove their drink ticket. What a silly assed incentive to gamble.
     
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  10. UKFanatic

    UKFanatic The Arbiter of Taste Caviar Kid

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    How so?
     
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  11. Breeze147

    Breeze147 Button Man

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    See above edit. I'm glad there are people in this world willing to shell out hundreds of dollars on sports bets and then think they somehow got over on the casino by getting a drink ticket.

    I play in the Mirage almost exclusively. $20 at a time. Proportionately, my $20 is every bit as important as someone else's $5000. It just isn't worth it to bet $500 to get a $.50 bottle of beer.
     
  12. UKFanatic

    UKFanatic The Arbiter of Taste Caviar Kid

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    Well, I agree that nobody should be wagering thousands of dollars for the purpose of getting a beer. But I think the same logic applies to every comp at every level (i.e., don't chase comps). But if they are willing to give me a free drink for a wager I am going to make regardless, there's no way I will tell them to shove it
     
  13. TheBlackjackKing

    TheBlackjackKing Low-Roller

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    I dont think anyone makes a bet JUST so they can drink lol....they were probably going to make that bet anyway.
     
  14. Breeze147

    Breeze147 Button Man

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    Understood, but why isn’t my $20 bet worthy of a beer?
     
  15. grosx2

    grosx2 Have fun storming the castle!

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    Because the casino's expected value from that bet is less than the retail price of a beer.
     
    GGWU 2018 and Fleetwood Mac @ T-Mobile Arena
  16. Breeze147

    Breeze147 Button Man

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    :bang: Well, I’m outraged! :soapbox:
     
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  17. UKFanatic

    UKFanatic The Arbiter of Taste Caviar Kid

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    Casinos are greedy :wink2:
     
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  18. UKFanatic

    UKFanatic The Arbiter of Taste Caviar Kid

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    Breeze, I think the more serious answer is that the casinos don't make a lot off sports betting, especially compared to other money generating options for the sportsbook space. A $20 bet has an expected return for the casino of, I think, about a buck eighty. To make that buck eighty, the casino has to staff the book windows, keep the tv screens up and running, and employ persons to analyze and set the lines (all the while, they are giving up the chance to put lots of slots in the same area, which don't require as much overhead). A few years back casinos started to view the book as an amenity more than a profit center. They use the book to draw people in and hope they stay to play slots and tables. They just don't make enough to give away free booze, except for their bigger players.
     
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  19. Breeze147

    Breeze147 Button Man

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    Makes sense.
     
  20. Injera

    Injera Tourist

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    House advantage at a sports book on a standard bet is 4.44444%

    Meaning your $20 bet has an expected return to the casino of 88cents and a $100 bet returns $4.44. While I miss the days of betting $100 total and drinking for free all day I can certainly appreciate having a minimum for comp drinks.