Eazzy
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October 25th, 2014 at 12:00:17 PM permalink
Really....I know AC is in fluctuation...and the CET casinos don't know whats happening...casinos are clothing....but really...

I'm a diamond player (ok I did it at poker and we all know having $15000 raked off your pots is much less then $15000 lost at the slots by casino math) ...but still really $60 is the cheapest room they can give me in midweek November and December...I usually stay 10 nights a month...



And worst when the rates were under $30 they limited to 5 reservations on the computer....so I could not get the rates...(well I did nail down 2 days at $18 the second week of November before they shot all the rates up)

Well last month they weighted till the last week in September to offer me comped rooms in October...so I'm still hope full...

I suppose I can take a 3 hour commute...play poker for 4 hours and hope a room is available to be comped through the poker room, if not the last bus out for me is 7:30 ...it kind of takes the fun out of playing poker...

overall it seems a bad way to treat a regular player.....
sodawater
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October 25th, 2014 at 12:15:54 PM permalink
That's what happens when 4 casinos close in a year. everyone loses except the remaining casinos.
AxelWolf
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October 25th, 2014 at 12:24:17 PM permalink
Quote: Eazzy

Really....I know AC is in fluctuation...and the CET casinos don't know whats happening...casinos are clothing....but really...

I'm a diamond player (ok I did it at poker and we all know having $15000 raked off your pots is much less then $15000 lost at the slots by casino math) ...but still really $60 is the cheapest room they can give me in midweek November and December...I usually stay 10 nights a month...



And worst when the rates were under $30 they limited to 5 reservations on the computer....so I could not get the rates...(well I did nail down 2 days at $18 the second week of November before they shot all the rates up)

Well last month they weighted till the last week in September to offer me comped rooms in October...so I'm still hope full...

I suppose I can take a 3 hour commute...play poker for 4 hours and hope a room is available to be comped through the poker room, if not the last bus out for me is 7:30 ...it kind of takes the fun out of playing poker...

overall it seems a bad way to treat a regular player.....

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DJTeddyBear
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October 25th, 2014 at 4:39:27 PM permalink
Quote: sodawater

That's what happens when 4 casinos close in a year. everyone loses except the remaining casinos.


Conventional wisdom says that there is now a smaller supply of room inventory, so prices should go up.

The problem with that is, supply still exceeds demand. So why don't the prices go down?
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Mission146
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October 25th, 2014 at 5:06:39 PM permalink
Quote: DJTeddyBear

Conventional wisdom says that there is now a smaller supply of room inventory, so prices should go up.

The problem with that is, supply still exceeds demand. So why don't the prices go down?



The question is really, "To what extent does supply exceed demand?" I can't really speak for casino hotels (because I've never worked for one) due to the fact that there are other factors such as gambling and potential revenue for food outlets, but in terms of a pure hotel, if you're at 100% occupancy, your rates probably could have been higher as well as gross room revenue.

There's also a question of, even in an area with limited demand: How many extra rooms do you anticipate filling if you drop the price by x? In this thread, the rate in question is $60, so they might project how many rooms they'd sell at a $40 rate and determine that it's not worth it to drop the rate to $40. I don't know how many rooms the hotel in question has, but at a theoretical hotel of 100 rooms, I'm better to sell 60 rooms at $60/night ADR ($3600 gross revenue) than I am to sell 80 rooms at $40/night ADR ($3200 gross revenue).

Finally, and again, I don't really know anything about casino hotel operations, but assuming they want to get x amount of money per guest (room rate + ADT on games) they might find that guests who are unwilling to pay the $60 generally don't have much of an ADT, either, so they're better off getting the extra room revenue from those who do pay the $60.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
sodawater
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October 25th, 2014 at 5:06:59 PM permalink
I guess because demand has gone up compared to what is used to be. So they raise the prices.
sodawater
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October 25th, 2014 at 5:08:21 PM permalink
Quote: Mission146


Finally, and again, I don't really know anything about casino hotel operations, but assuming they want to get x amount of money per guest (room rate + ADT on games) they might find that guests who are unwilling to pay the $60 generally don't have much of an ADT, either, so they're better off getting the extra room revenue from those who do pay the $60.



Mission, your admitted casino operations ignorance really shows here. I know gamblers who would have no problem dropping $10,000 in a session but would sooner sleep in their cars than pay $60 for a hotel room in a casino. It's a matter of principle.
Mission146
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October 25th, 2014 at 5:12:34 PM permalink
Quote: sodawater

Mission, your admitted casino operations ignorance really shows here. I know gamblers who would have no problem dropping $10,000 in a session but would sooner sleep in their cars than pay $60 for a hotel room in a casino. It's a matter of principle.



I would presume they'd get the room comped for that sort of action, though, regardless of the booked rate. Would the guest not presume the same?
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
sc15
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October 25th, 2014 at 5:59:41 PM permalink
Quote: sodawater

Mission, your admitted casino operations ignorance really shows here. I know gamblers who would have no problem dropping $10,000 in a session but would sooner sleep in their cars than pay $60 for a hotel room in a casino. It's a matter of principle.



Dropping 10K (to tables/slots) will get you a free room at any casino.

Dropping 10K on poker, and in the process paying $50 in rake is not the same thing.

OP is a poker player who sounds like he doesn't play tables/slots. So the casino isn't really interested in giving him a comped room.
sodawater
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October 25th, 2014 at 6:06:13 PM permalink
Quote: Mission146

I would presume they'd get the room comped for that sort of action, though, regardless of the booked rate. Would the guest not presume the same?



The point is they would never book it and pay $60 at time of booking. It would be insulting.
sc15
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October 25th, 2014 at 6:09:12 PM permalink
Quote: sodawater

The point is they would never book it and pay $60 at time of booking. It would be insulting.



Someone who plays that kind of action would have a casino host who takes care of the booking.
sodawater
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October 25th, 2014 at 6:13:29 PM permalink
Quote: sc15

Someone who plays that kind of action would have a casino host who takes care of the booking.



Yeah, I know. I am just saying that unwillingness to pay $60 at time of booking is not an indication of a too-low ADT loss for the casino, which was Mission's theory.
sc15
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October 25th, 2014 at 6:18:01 PM permalink
Quote: sodawater

Yeah, I know. I am just saying that unwillingness to pay $60 at time of booking is not an indication of a too-low ADT loss for the casino, which was Mission's theory.



Well, it kind of is.

Someone who plays that kind of action would simply make a phone call and get the room comped (or conditionally comped if it's their first time at the property). Someone who's unable to do that and unwilling to book a room w/ a rate (knowing the charges will be taken care of later) would indicate a low ADT.
sodawater
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October 25th, 2014 at 6:46:01 PM permalink
Quote: sc15

Well, it kind of is.

Someone who plays that kind of action would simply make a phone call and get the room comped (or conditionally comped if it's their first time at the property). Someone who's unable to do that and unwilling to book a room w/ a rate (knowing the charges will be taken care of later) would indicate a low ADT.



Not everyone is patient enough to call ahead and confirm a conditional comp. They'll just book somewhere else.
sc15
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October 25th, 2014 at 6:52:52 PM permalink
Quote: sodawater

Not everyone is patient enough to call ahead and confirm a conditional comp. They'll just book somewhere else.



Have you actually dealt with casino hosts?

Generally you don't book things online. When I book it a room it's text message convo like this:

Me: "Hey, I need a room from XX to XX"
Host: "Sure, do you need an airport pickup?"
Me: "Yes, Flight XX at XX:XX"

That's it. There's no rates to even look at.
sodawater
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October 25th, 2014 at 6:59:47 PM permalink
Why are you so hung up on casino hosts? Yes, I acknowledge I know how it works with hosts.

The only thing I am saying is that unwillingness to pay $60 at time of booking for a room does not indicate a low ADT loss. I would say it's correlated the other way. The higher ADT, the less willing someone would ever be to pay $60 at time of booking. Meanwhile, kids coming down to go to the club would love to pay that for a room.
onenickelmiracle
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October 25th, 2014 at 7:22:20 PM permalink
A company billions in debt could be using more than one flawed formula or ideology.
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sc15
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October 25th, 2014 at 7:42:32 PM permalink
Quote: sodawater

Why are you so hung up on casino hosts? Yes, I acknowledge I know how it works with hosts.

The only thing I am saying is that unwillingness to pay $60 at time of booking for a room does not indicate a low ADT loss. I would say it's correlated the other way. The higher ADT, the less willing someone would ever be to pay $60 at time of booking. Meanwhile, kids coming down to go to the club would love to pay that for a room.



But anyone with a sizable ADT will have a host...

And anyone with a sizable ADT on a computerized system (like total rewards) will have the rooms for free. Your ADT doesn't have to be that high to show free rooms at a place like caesars AC.

I booked rooms on total rewards on a backed off players card for like 5 or 6 trips before I stopped getting free rooms.
vendman1
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October 25th, 2014 at 7:48:40 PM permalink
Quote: sodawater

Mission, your admitted casino operations ignorance really shows here. I know gamblers who would have no problem dropping $10,000 in a session but would sooner sleep in their cars than pay $60 for a hotel room in a casino. It's a matter of principle.



That's so true. I may or may not be one of those people. OK I admit it...I am one of those people. My view has always been. If I put X amount of money in play in the casino. There are 3 possible outcomes..win..lose..break even. Any money I spend on the hotel room has only one outcome. Lost forever.
sc15
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October 25th, 2014 at 8:27:09 PM permalink
Quote: vendman1

That's so true. I may or may not be one of those people. OK I admit it...I am one of those people. My view has always been. If I put X amount of money in play in the casino. There are 3 possible outcomes..win..lose..break even. Any money I spend on the hotel room has only one outcome. Lost forever.



Except for the fact that if you're a square player you're probably paying more for the room by getting it "free" than if you just paid for it.
pokerface
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October 25th, 2014 at 8:45:45 PM permalink
Quote: sodawater

Mission, your admitted casino operations ignorance really shows here. I know gamblers who would have no problem dropping $10,000 in a session but would sooner sleep in their cars than pay $60 for a hotel room in a casino. It's a matter of principle.


But if you assume all hotel (here I mean a hotel with a casino built-in or attached to it) guests are gamblers, then you are so wrong.
I can't say how much, but I am sure a large portion of hotel guests never gamble, whether in Vegas or AC or any other places.
winning streaks come and go, losing streak never ends.
vendman1
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October 25th, 2014 at 9:04:34 PM permalink
Quote: sc15

Except for the fact that if you're a square player you're probably paying more for the room by getting it "free" than if you just paid for it.



Well....No. I'm playing the same amount the same way. Regardless of if I'm paying for the room, or staying comped, or just there for an hour or two. So given the choice between a comped room and one I pay for, it's a no-brainer.
FleaStiff
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October 25th, 2014 at 9:37:14 PM permalink
Quote: sodawater

Mission, your admitted casino operations ignorance really shows here. I know gamblers who would have no problem dropping $10,000 in a session but would sooner sleep in their cars than pay $60 for a hotel room in a casino. It's a matter of principle.

Its also a matter of principle that the casino would rather tell that 10K gambler "Here is a $120 room for you, gratis".
Buzzard
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October 25th, 2014 at 10:41:28 PM permalink
" Mission, your admitted casino operations ignorance really shows here. " Don't know about that, but your true colors are showing. Is your hat still in the closet ?
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Dnalorailed
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October 26th, 2014 at 9:07:43 AM permalink
I also refuse to pay for a hotel room in a casino. In my experience CET has been less generous with me than the first time I became diamond two years ago.. I don't care what my ADT is, one doesn't become diamond by accident. I'm more of a drop lots of cash at a time, than a 6-7 day a week player. This past Memorial Day in AC had to use reward credits to pay for one night at Harrahs. It was $300. That's as far as I will go, if not directly comped a room, will use reward credits or express comps..Have not had to do it in vegas luckily so far. Have stayed there for free every time... And also, imho, hosts are useless. Whenever I would ask for something and they didn't want to give it to me, they would fall back on "you don't have an offer for that". I feel like the casino just puts hosts there to make you feel like you're getting something.
As a gold MGM player in Detroit, was actually approached by email by a host offering me tix to a list of events. Whenever I would pick one, guess what---couldn't do it. I would just rather not be bothered.
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sc15
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October 26th, 2014 at 11:42:09 AM permalink
Quote: Dnalorailed

I also refuse to pay for a hotel room in a casino. In my experience CET has been less generous with me than the first time I became diamond two years ago.. I don't care what my ADT is, one doesn't become diamond by accident. I'm more of a drop lots of cash at a time, than a 6-7 day a week player. This past Memorial Day in AC had to use reward credits to pay for one night at Harrahs. It was $400. That's as far as I will go, if not directly comped a room, will use reward credits or express comps..Have not had to do it in vegas luckily so far. Have stayed there for free every time... And also, imho, hosts are useless. Whenever I would ask for something and they didn't want to give it to me, they would fall back on "you don't have an offer for that". I feel like the casino just puts hosts there to make you feel like you're getting something.
As a gold MGM player in Detroit, was actually approached by email by a host offering me tix to a list of events. Whenever I would pick one, guess what---couldn't do it. I would just rather not be bothered.



That's odd. Normally players who dump lots of cash at a time get better offers than a frequent low roller.
GWAE
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October 26th, 2014 at 5:46:54 PM permalink
Quote: sc15

That's odd. Normally players who dump lots of cash at a time get better offers than a frequent low roller.



I don't know if that is always true. I can get comped rooms at Harrahs or Ballys for just about any Sunday-Friday right now in Nov and Dec. I have never gambled in Harrahs AC FWIW.
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Eazzy
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October 26th, 2014 at 7:49:38 PM permalink
Well from my point of view...as a grinder poker player....if the best they can offer me is $60 rooms off season, I will take a walk over to Borgata, get a black card for my diamond and see what the deal is....

Write now CET has my exclusive play....trying for 25000 points this year, enjoying the rake back and free buffets ....but if they continue to price high for a casino...they will loose a lot of my play.....I have $1200 in comps...but generally want to save those for the summer (though last summer got $30 rooms locked up ever week in June, July and August the moment I saw them offered on line in May which is why I still have $1200 in comps).

Tropicana pulled the same crap on me as a poker player 2 years ago and as a result lost me as a poker player there, my bus took me right there, so all they had to do was give a regular poker player a good deal and I was not looking anywhere else...they did not and off to CET I went.

Seems short sighted for a casino to chance losing $15000ish in rake, by not realizing the mentality and worth of a regular poker players..
sc15
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October 26th, 2014 at 8:38:41 PM permalink
Quote: Eazzy

Well from my point of view...as a grinder poker player....if the best they can offer me is $60 rooms off season, I will take a walk over to Borgata, get a black card for my diamond and see what the deal is....

Write now CET has my exclusive play....trying for 25000 points this year, enjoying the rake back and free buffets ....but if they continue to price high for a casino...they will loose a lot of my play.....I have $1200 in comps...but generally want to save those for the summer (though last summer got $30 rooms locked up ever week in June, July and August the moment I saw them offered on line in May which is why I still have $1200 in comps).

Tropicana pulled the same crap on me as a poker player 2 years ago and as a result lost me as a poker player there, my bus took me right there, so all they had to do was give a regular poker player a good deal and I was not looking anywhere else...they did not and off to CET I went.

Seems short sighted for a casino to chance losing $15000ish in rake, by not realizing the mentality and worth of a regular poker players..



A poker player who doesn't play the slots/tables at all and plays 12 hours of poker is worth about $120 in rake / day to the house. (assuming the cost of playing 2/5 NL at borgata.. $5 per down)

A blackjack player who plays $15 / hand for 4 hours is worth about the same (assuming a 3% house advantage and 70 hands / hour, which are around the numbers the casino typically uses to calculate theo).

One of the main reasons casinos operate poker rooms is to draw people in who will hopefully play other games as well. Losing a poker player, even one that grinds that many hours / year is no big deal to them.

And remember, casinos typically extend roughly 40% of your theo as comps. Which means they're willing to give you about $48 / day in comp value. You have to realistic in what you expect to get.

If you think borgata's going to give you better deals on rooms for your play, they won't. Initially you might get a few free rooms because you're a new member, but after that poker players at borgata get poker rate, which is going to be higher than CET's poker rate.
sodawater
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October 26th, 2014 at 8:39:45 PM permalink
Almost all regular poker players at least occasionally play other games -- or bring girlfriends who pump the slots full of money.
Gandler
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October 27th, 2014 at 2:01:42 AM permalink
What casino is this?
Now I have been away since last spring. But I have never had to pay for a room in AC even weekends in the summer. Now I don't play poker in casinos, so if you strictly play poker I can't say for certain how they would rate you.

But 60 dollars for a standard room in November midweek? I have never seen a regular room that high ever that time of year even with no discounts.
beachbumbabs
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October 29th, 2014 at 1:05:05 AM permalink
Quote: Eazzy

Well from my point of view...as a grinder poker player....if the best they can offer me is $60 rooms off season, I will take a walk over to Borgata, get a black card for my diamond and see what the deal is....

Write now CET has my exclusive play....trying for 25000 points this year, enjoying the rake back and free buffets ....but if they continue to price high for a casino...they will loose a lot of my play.....I have $1200 in comps...but generally want to save those for the summer (though last summer got $30 rooms locked up ever week in June, July and August the moment I saw them offered on line in May which is why I still have $1200 in comps).

Tropicana pulled the same crap on me as a poker player 2 years ago and as a result lost me as a poker player there, my bus took me right there, so all they had to do was give a regular poker player a good deal and I was not looking anywhere else...they did not and off to CET I went.

Seems short sighted for a casino to chance losing $15000ish in rake, by not realizing the mentality and worth of a regular poker players..



So, what is the goal of 25000 worth to you? I had to go look up my balance and the TR tiers when you mentioned it, because I didn't know what it was. Diamond starts at 15K, and the first Diamond Aspiration isn't until 40K. My balance is a bit above 27K now. But I couldn't find any advantage to crossing the 25K mark in their rules; just wondering what your interest in that is.
If the House lost every hand, they wouldn't deal the game.
FleaStiff
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October 29th, 2014 at 3:36:51 AM permalink
Quote: beachbumbabs

But I couldn't find any advantage to crossing the 25K mark in their rules.

As casinos try to slice and dice their databases into even finer categories, I think many casino cards offer mainly status or illusory rewards. By use of names, colors and levels the casino keeps trying to make the player think he is valuable to them but the actual rewards seem probably diminish. An annual cruise on Lake Mead? A "first crack" at show tickets? A Super Valet rather than a Valet? Doesn't mean much to me. A turndown service or a rose petal service is actually annoying to me. Since I am currently dieting, a buffet is probably not all that valuable to me, but a "no waiting buffet" might have advantages for me, in that at least I'd not be standing in line. However in Vegas, I usually don't go to the long line famous places anyway and on a Gambling Day Ship they serve the buffet prior to sailing so that their time in International Waters is spent gambling.

Climbing the ladder to higher levels might have some reward but so much of the listed rewards are useful only to a select few. I don't play golf so a Greens Fee waiver means nothing to me.

Frankly, I'd probably be happy with the lowest level card at most casinos.
Eazzy
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November 16th, 2014 at 8:17:44 PM permalink
Quote: beachbumbabs

So, what is the goal of 25000 worth to you? I had to go look up my balance and the TR tiers when you mentioned it, because I didn't know what it was. Diamond starts at 15K, and the first Diamond Aspiration isn't until 40K. My balance is a bit above 27K now. But I couldn't find any advantage to crossing the 25K mark in their rules; just wondering what your interest in that is.



25000 gets you into the diamond club for free and you can bring a guest as many times as you want, In AC the free buffet and bar is well worth it. Diamond with less then 25000 have to $10 to get in..
Eazzy
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November 16th, 2014 at 8:22:35 PM permalink
Quote: Gandler

What casino is this?
Now I have been away since last spring. But I have never had to pay for a room in AC even weekends in the summer. Now I don't play poker in casinos, so if you strictly play poker I can't say for certain how they would rate you.

But 60 dollars for a standard room in November midweek? I have never seen a regular room that high ever that time of year even with no discounts.




its getting worse...last week it was $107...though they just droped it to $79 this weakend....thats the cheapest of the CET group Harrods.. It seems insane and short sighted to me...

Lucky the poker room has a promotion going on and I'm able to bet comped rooms when I play 4 hours when available Sunday though tursday....there almost always available....makes it a little hard to plan ahead...but as long as they comp me I'm ok...
rdw4potus
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November 16th, 2014 at 8:24:41 PM permalink
Quote: Eazzy

its getting worse...last week it was $107...though they just droped it to $79 this weakend....thats the cheapest of the CET group Harrods.. It seems insane and short sighted to me...

Lucky the poker room has a promotion going on and I'm able to bet comped rooms when I play 4 hours when available Sunday though tursday....there almost always available....makes it a little hard to plan ahead...but as long as they comp me I'm ok...



Harrah's is cheaper than Bally's? Really? Are you sure you're looking at that right?
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SanchoPanza
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November 17th, 2014 at 8:32:08 AM permalink
Quote: rdw4potus

Harrah's is cheaper than Bally's? Really? Are you sure you're looking at that right?

For a lowly platinum like me, they are showing $70 for Harrah's and $207 for Bally's this midweek. Without the companion's number, too.
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