Casinos from Complimentary Gifts (Comps) for Playing Aspects – Enhancing Player Expected Value

Casinos

Complimentary gifts (comps) with gambler’s time and money compensating them for Casinos compete. These comps include free drinks, meals, free or reduced rate rooms, show tickets and extend to RFB (room, food, and beverage for all costs), airfare reimbursement or flyback certificates, and Super Bowl tickets.

Comp programs are inherently designed to build customer loyalty and go hand in hand with patron’s wallets and / or purses. Customers do not have to be high-rollers to receive these incentives; Many low-midlevel gamblers can and do receive a surprising amount of freebies and discounts link vào dafabet.

This is most relevantly relevant to the present state of our general economy; In Las Vegas, visitor counts and gambling bankrolls have dipped and this has increased companionship in gaming properties to encourage their gamblers to enter their doors. On a recent (late October, 2008) nine-day stay in Vegas, my wife and I didn’t have to pay for a single night’s stay (all compressed rooms) and we are definitely not upper crust gamblers. Our gambling efforts involve blackjack at 10 – 25 dollar minimum bet tables and penny or nickel denomination slots and video poker with bets ranging from 40 cents to $ 2.00 per spin.

Comp Awards are typically determined by average bet x hours played by x per hour x expected house edge x% casino comp return to players (25 to 40% of expected win by the casino). For example, let’s assume you play a decent blackjack game (the player’s favorable rule set and your playable basic strategy) and your average bet is 10 dollars per hand. If you play an “average” 6-deck shoe game you can expect to see 60 – 80 hands per hour with 3 or 4 other players on the table. Many casinos use 60 hands per hour and 2% of a house edge when figuring out their expected dollar returns from players and resultant computations. Most casinos will return approximately 40% of their expected win back to a player in the form of comps. For the above game, let’s assume you play 5 hours (hopefully more than one table); A reasonable computation would be $ 10 (average bet) X 5 (hours played) X 60 (hands / hr.) X .02 (house edge) X .40 (proportionate casino return to players). This means that you wagered approximately $ 3000.00 (expected?) X .02 = $ 60.00 X .40 = $ 24.00 in earned comps.

A key tip to remember about comps while in Las Vegas or elsewhere … ASK for them..in a courteous manner. At some Vegas properties, you might be required to wager $ 15 or even $ 25 per hand for even rated table game comps. Some off-strip Las Vegas casinos are more liberal with their meal comps than many other strip strip locales; On several different trips I’ve played for 2-3 hours with the Orleans, a 10 -20 dollar average bet and have never had a problem getting two when asked for a buffet comp. There is a huge variation in the comp programs between casinos and corporate gaming entities. Players must choose where they want to play and avail themselves of comp program specifics at a given locale. Don’t be a player’s club representative / host Awarded comps can vary with season and any factor that increases patronage (weekends vs weekdays, holidays, major events / conventions). Low to midlevel players will find it more difficult to comply with these high traffic situations at times. It’s a slots / table games host that familiarizes themselves with gamblers; Generally speaking, it’s a good idea to solicit a host of the opposite sex. Communicating with a host can lead to real dollar value for future visits (minimize losses / enhance winnings); Part of a host’s job is to enhance the player’s experience while gambling. At many properties, pit bosses can award meal comps. An enhanced-value comp game for playing key elements is your prescribed bankroll within the gamble, the lower house advantage with playing games, the know-how property comp program, and the ASK. On the other hand, “chasing” comps (ie playing too long just for a meal) can lead to increased overall gambling losses, especially if you’re losing hand after hand, dice roll after dice roll, or slot pull after slot. . Common sense applies.

Blackjack is an excellent game for acquiring comps when playing low-house odds when compared to all other casino games provided by players who play a specific game for player-favorable rules and precise basic strategy. If a player avails themselves of these conditions and employs tactics that reduce the speed of the game (fewer hands have played per hour), they have some basic tactics to enhance their compactness. Factors that can slow down a game include playing at crowded tables, talking to other players and casino.

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