Loss Rebate at Silver Sevens, playing craps
https://wizardofvegas.com/article/the-loss-rebate-at-silver-sevens-las-vegas-craps/
The promotion can be worth up to $29.62 in expected value if you use it in combination with a Las Vegas Advisor blackjack coupon. Otherwise, it's worth $12.79 if you limit yourself to craps. I may write another article later and analyze the promotion considering what you can achieve by playing the promotion on blackjack, but that's going to take some time.
Quote: FiliusBruceI just posted my first foray into craps as on article on Wizard of Vegas. It's an analysis of the loss rebate that has been ongoing at the Silver Sevens casino in Las Vegas for months now. Here's the article:
https://wizardofvegas.com/article/the-loss-rebate-at-silver-sevens-las-vegas-craps/
The promotion can be worth up to $29.62 in expected value if you use it in combination with a Las Vegas Advisor blackjack coupon. Otherwise, it's worth $12.79 if you limit yourself to craps. I may write another article later and analyze the promotion considering what you can achieve by playing the promotion on blackjack, but that's going to take some time.
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Are you assuming the Las Vegas Advisor coupon is free? I know Curtis acts like those coupons are free, but you pay a price for membership.
Quote: billryanAre you assuming the Las Vegas Advisor coupon is free? I know Curtis acts like those coupons are free, but you pay a price for membership.
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No. They're not free, but they pay for themselves quickly with a trip Downtown. (My spouse and I buy the coupon books every year.)
Either way, the $29.62 is the maximum value of the loss rebate promotion if you use it in combination with the coupon (which has its own value). Depending on how lucky ot unlucky you get with the blackjack session you play using the coupon, the expected value of the loss rebate promotion changes. If the value falls below a certain amount, you may even be better off skipping the loss rebate promotion for this month altogether and trying it next month.
Quote: FiliusBruce
No. They're not free, but they pay for themselves quickly with a trip Downtown. (My spouse and I buy the coupon books every year.)
For example, this year there's a $50 matchplay coupon at Downtown Grand, a $25 matchplay coupon at The D, and a $25 matchplay coupon at Golden Gate. That's your ~$50 membership price back with a trip Downtown. Everything else is extra.
