CET AC changes policy on DirectBet to Reel Rewards conversion for Diamond/7*
June 5th, 2016 at 10:41:31 AM
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As of Friday, June 3rd, 2016, CET Diamond and Seven Stars players will no longer be able to exchange DirectBet table game coupons for Reel Rewards slot play.
What's the big deal, you ask? In New Jersey, free bet slips on table games are one-use only (and restricted to even money bets). Compare this to Nevada, where the policy is play 'till you lose.
So if you were getting, say $500 a month in DirectBets and you were counting on $497.70 in EV at the 9/6 Jacks or Better machines... sincerest apologies from Kevin Ortzman.
(Just in case the dealer missed the printed expiration date 🙄)
What's the big deal, you ask? In New Jersey, free bet slips on table games are one-use only (and restricted to even money bets). Compare this to Nevada, where the policy is play 'till you lose.
So if you were getting, say $500 a month in DirectBets and you were counting on $497.70 in EV at the 9/6 Jacks or Better machines... sincerest apologies from Kevin Ortzman.
(Just in case the dealer missed the printed expiration date 🙄)
June 5th, 2016 at 11:47:12 AM
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Red, 1-18, or Even only? Is there something about the wheels in AC that we don't know about? Do I smell a possible AP by betting on 29-31-33-35 (the four black, 19-36, odd numbers)?
June 5th, 2016 at 11:59:38 AM
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It prevents people from doing offsetting bets if they have multiple coupons. The fact that this doesn't change the expected return apparently doesn't matter to the casinos.
June 5th, 2016 at 12:30:39 PM
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There are a ton of casinos that restrict the bets-
Most common are player only, red only 1-18 and on and on
Most common are player only, red only 1-18 and on and on
No longer hiring, don’t ask because I won’t hire you either
June 5th, 2016 at 3:06:46 PM
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It matters because people are more likely to chase their losses if they lose and more likely to walk when they win. Recently I had a Ace and match play. I lost them both. I had $10 in chips left so I just bet them. Had I won even just $10 I would have just walked.Quote: sabreIt prevents people from doing offsetting bets if they have multiple coupons. The fact that this doesn't change the expected return apparently doesn't matter to the casinos.
Casinos can't stand people winning guaranteed money.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
June 5th, 2016 at 3:29:42 PM
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Agree completely, AxelWolf. When James Grosjean mentions "The casinos are restricting something they don't understand; they make money in spite of their idiocy", he is ignoring the psychology aspect of gambling.
June 5th, 2016 at 7:24:46 PM
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They will cut off their noses to spite their faces. That's exactly what Dan and he darksiders are doing.Quote: chaunceyb3Agree completely, AxelWolf. When James Grosjean mentions "The casinos are restricting something they don't understand; they make money in spite of their idiocy", he is ignoring the psychology aspect of gambling.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
June 5th, 2016 at 7:32:53 PM
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Quote: chaunceyb3Agree completely, AxelWolf. When James Grosjean mentions "The casinos are restricting something they don't understand; they make money in spite of their idiocy", he is ignoring the psychology aspect of gambling.
Most gambler's don't make decisions with math, I can't help but think casino's never make the same mistake.
