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Need help with theo calculation

Discussion in 'Comps' started by ZDante, May 5, 2017.

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  1. ZDante

    ZDante Tourist

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    Hello All,

    Just finishing up at 10 day work trip at Aira and I was able to accumulate 130,000 tier credit points. I had 15k coin I'm and 12 hours odb $200 average Baccarat bet. I talked to the host and he comped $300 In F&B and one night off at $179. Is this pretty accurate for my time played or could I get another nice dinner out of this? Thanks much!
     
  2. MidnightBJ

    MidnightBJ Low-Roller

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    To calculate your Theo, just divide 130,000 tier credits by 33 tier credits per dollar of Theo. So, your overall Theo was about $3940. Hosts on duty tend to comp only a small percentage of Theo compared to your own host. You didn't say if you were there on an offer or paid up front for everything. Your total comps should have been around $1100-1200 (includes anything that was in an offer such as free rooms). With an on duty host, maybe only $800 would be more typical.
     
  3. Chuck2009x

    Chuck2009x VIP Whale

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    I agree with @MidnightBJ that 30 - 33 TCs per $1 of theo should work as a calculation and then ballpark 20% - 25% of that available in comp value.

    But what we don't know is how many TCs you got from hotel spend. It sounds like you (or someone) were paying for the room, and I think the TCs for your room get posted each night, @ 25 TCs per $1. If you were paying $180 a night, that's 4,500 TCs a night. 130,000 TCs sounds a little high for 12 hours of bacc at $200 and $15k in slots or VP.

    A guy who used to post here collected some theo stats, he played at MGM properties a lot, and he posted that a $1,000 average at bacc earned $780 an hour in theo. So a $200 avg would be $156. Times 12 hours would be $1,872. Plus $15k, if it was slots, figure 8% to lowball it, that'd be $1,200. On VP, figure 1.5%, or $225. So somewhere between $2,100 and $3,100 in theo.

    Or look at it a simpler way - $300 F&B + one room night @ $179, he comped the equivalent of 3 room nights. You did a $200 avg for the "magic 4 hours a day" for 3 days. That should be plenty to cover 3 room nights with a little left over.

    So seems a little stingy but it's hard to tell without more exact detail of your numbers.
     
  4. nostresshere

    nostresshere Mr. Anti Debit Card

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    Did the host use your Express Comps (from slots) when he comped off that stuff?
     
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