Quote: ChumpChangeMy last comps was about 0.1% of my total bet over 4 hours. Say I bet $1200, my comps was $1.20 in points. Waiting for negative comps to come with negative interest rates.
That sounds about right to me. Assuming you were playing BJ at 50 hands per hour your average bet would be about $6. So $1.20 in comps seems very reasonable. Raise your average bet to get better comps.
For me, playing at Bacc. say five hundred (average) a hand, they give you an hour for each shoe. They imposed this "one hour per shoe" rule mostly to prevent the Asian players, who will sit there for ten minutes carefully folding up even two worthless face cards, from getting more play credit than they deserve for the number of hands actually played.
I play shoes rapidly, as quickly as in thirty minutes if I am playing alone, which I prefer it that way actually, so I might burn through five shoes in two and a half but the casino will give me five hours of play credit. I assume that the casino figures eighty or so hands per shoe, at a five hundred average, that's $40,000. per hour which the theoretical on that is about $400. loss x five hours, two grand earned in comps just like that - in just a couple or so of actual hours of play. Comps rack up quickly if you are really playing, but most high rollers during that session will either win a gang or lose it all, rarely if ever coming in right at the theoretical.
This is why one guy could sit at the table for two and half hours, lose ten, but earn only 1500 in comps., while another guy could sit at the table the same amount of time, break even or win, and earn more than 1500 in comps.
Quote: ChumpChangeMy last comps was about 0.1% of my total bet over 4 hours. Say I bet $1200, my comps was $1.20 in points. Waiting for negative comps to come with negative interest rates.
Back in the day at the Hard Rock I do recall a couple times when I asked for a dinner comp and the pit boss had to override because their whacked out system showed that I "owed" comps - negative comp balance. They were constantly experimenting with different algorithms to calculate comps at the H.R. Vegas, all thanks to Peter Morton and his desire to squeeze every dime out of the place.
Quote: MDawgYour comps are 15% of your actual loss, or whatever your theoretical is.
.... I might burn through five shoes in two and a half but the casino will give me five hours of play credit. I assume that the casino figures eighty or so hands per shoe, at a five hundred average, that's $40,000. per hour which the theoretical on that is about $400. loss x five hours, two grand earned in comps just like that - in just a couple or so of actual hours of play.
The math doesn't add up. The session would have $200,000 bet. The theoretical loss would be 1% of that, or $2,000. You say "...two grand earned in comps...". No, that's the theoretical loss off of which the comps are based. Using a 15% comp on theoretical loss, the comp on that session would be $300.