I was curious what the theo to obtain diamond at the V/P is for this year. I did some quick math and wanted to know if my math is somewhat correct here or if I’m missing something… So the new rewards system gives 1 point for every $4 of coin in on slots. Let’s assume that the hold is roughly 10% on a decent machine. So then they are giving roughly 2.5 points per dollar of theoretical loss. If diamond is accrued at 50,000 points then the theo to reach that is about 20k. But if you were top tier last year you are starting this year in the same tier and thus getting a 2x bonus on slot point accrual. Am I to understand that you only need roughly 10,000 theo on slots to reach the diamond this year?
Casinos love it when we don't know the difference between the various metrics. In this case, you have tier points and reward points. These are different things. There is no multiplier on tier points. At Venetian, it's more like 12-15% hold on slots. Just go with 12.5 percent. To make/maintain Venetian Diamond completely from slot play, plan on it taking $25k of theo.
Thank you so much. I knew that couldn’t be right, but I couldn’t understand where I was wrong. Appreciate it!
