SOOPOO
SOOPOO
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May 14th, 2012 at 6:28:15 PM permalink
Quote: TheShadow747

the "fringe" benefits of this is tiering up to 7 star status at Caesars entertainment and getting all those benefits. Also the mailers you will get with free play and such.



Good luck. As a lowly gold player, I have no idea what the 'value' of getting that '7 star status' is. If Caesar's said to you, just pay me 'x' dollars and you will be 7 stars for a year, what would you pay?
FatGeezus
FatGeezus
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May 15th, 2012 at 8:08:06 AM permalink
Quote: TheShadow747

the "fringe" benefits of this is tiering up to 7 star status at Caesars entertainment and getting all those benefits. Also the mailers you will get with free play and such.



In order to achieve 7* at CZRs you have to get 100,000 tier credits. You get 1 tier credit for every $5 you play at a slot machine (5/1). That's $500,000 played at a slot machine. To earn 1 tier credit at Video Poker, you have to play $10 (10/1). That's $1,000,000.

You said the craps machine you are playing earns you $1 for every $20 (20/1). In order to earn 100,000 tier credits, you would have to play $2,000,000.....TWO MILLION DOLLARS!!!!!

You have to earn those 100,000 credits between Jan 1 and Dec 31.

Good Luck with your plan and let us know how you're doing.
JB
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JB
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May 15th, 2012 at 9:33:01 AM permalink
Is Seven Stars really worth it? Note that it is by invitation only; reaching 100,000 tier points does not guarantee entry.

According to their website, here are the things that Seven Stars offers which Diamond does not:

1. Complimentary room (but Diamond players can get this too by booking one of the free room offers online)
2. Companion card (just go to the booth and have them make you a new card and give that to your "companion")
3. Annual getaway to any TR casino (free airfare)
4. $500 "celebration dinner" (probably for use only at a ridiculously-overpriced restaurant where the bill is likely to exceed $500)
5. A cruise (likely for the cheapest room only, with blackout dates and other restrictions)
6. An "exclusive appreciation gift"
7. Invitation to signature events

#1 and #2 are worth $0 more than the Diamond level;

#3 is worth $500 or less;

#4 is probably really only worth $100 but let's give them the benefit of the doubt and say that it's worth $500;

#5 might be worth $1000 if it's for 2 people;

#6 is probably worth $50 or less; and

#7 is worth $0.

So you're getting a flight, a dinner, a cruise, and a trinket, totaling about $2,000.

Now ask yourself: is the $2,000 worth of additional benefits (beyond those given to Diamond members) really worth putting 7 figures through a craps machine?

If not, I say go for Diamond in a Day instead (if you aren't already Diamond). I think you need 3000 points in a single day, but there are rumors circulating the net saying that Vegas casinos require 4000 points in a single day. If you can play single-hand 9/6 Jacks or Better at 1200 hands/hour, which is easy on fast and medium-paced machines, then choose whichever of the following best suits your bankroll:

Coin
Size
Bet
per
Hand
Duration
(3000 pts)
Duration
(4000 pts)
$25 $125 12 minutes 16 minutes
$10 $50 30 minutes 40 minutes
$5 $25 1 hour 1 hour 20 minutes

Then head to the TR booth to get your new Diamond card.
Tiltpoul
Tiltpoul
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May 15th, 2012 at 2:06:16 PM permalink
Quote: JB

According to their website, here are the things that Seven Stars offers which Diamond does not:

1. Complimentary room (but Diamond players can get this too by booking one of the free room offers online



BIG DIFFERENCE FOR SEVEN STARS! This is a GUARANTEED ROOM at ALL TIMES! And I believe, though may be mistaken, 48 hours notice gets you the highest available upgrade possible.

Quote: JB

2. Companion card (just go to the booth and have them make you a new card and give that to your "companion")
3. Annual getaway to any TR casino (free airfare)
4. $500 "celebration dinner" (probably for use only at a ridiculously-overpriced restaurant where the bill is likely to exceed $500)
5. A cruise (likely for the cheapest room only, with blackout dates and other restrictions)
6. An "exclusive appreciation gift"
7. Invitation to signature events

#1 and #2 are worth $0 more than the Diamond level;

#3 is worth $500 or less;

#4 is probably really only worth $100 but let's give them the benefit of the doubt and say that it's worth $500;

#5 might be worth $1000 if it's for 2 people;

#6 is probably worth $50 or less; and

#7 is worth $0.

So you're getting a flight, a dinner, a cruise, and a trinket, totaling about $2,000.



I respectively disagree about the value of these things to the player. The "invitation events" are actually pretty nice, and sometimes are to slot tournaments with high payouts. A skilled tournament BJ player could probably see a good EV from an invite to a BJ tournament. The cruise is still probably very nice, as they have partnered with Norwegian and it's probably a very nice room. The appreciation gifts for Seven Stars (on top of renewal gifts, etc) I have been told are quite nice, like jewelry or something worth something.

That being said, I agree that the coin-in on machines isn't worth it. Seven Stars are for hardcore gamblers who have a bankroll, and you won't get invited just by earning the points. You better have a credit line established and have a good host to back you. But if you gamble a lot, and like Caesars properties, Seven Stars is a good program.

AS FOR THE ORIGINAL POST, hmmm.... a new poster basically offering a betting system or more appropriately, a money management system. However, this one wasn't under betting systems... I guess it's how you word it...
"One out of every four people are [morons]"- Kyle, South Park
TheShadow747
TheShadow747
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May 15th, 2012 at 2:12:13 PM permalink
i am not offering anything. I was looking for help with the math to evaluate the value of it, and how close to even it could become and the value of it with comps and comp offers etc.
JB
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JB
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May 16th, 2012 at 2:04:21 AM permalink
Quote: Tiltpoul

BIG DIFFERENCE FOR SEVEN STARS! This is a GUARANTEED ROOM at ALL TIMES! And I believe, though may be mistaken, 48 hours notice gets you the highest available upgrade possible.


Their website states that you are guaranteed a room if you give at least 48 hours notice. It may be for a nice room, but I'm sure Diamond members can get the same. Even if they can't, how useful is a "nice" room compared to a "Diamond" room for someone who is known to spend very little time in their room?

Quote: Tiltpoul

I respectively disagree about the value of these things to the player. The "invitation events" are actually pretty nice, and sometimes are to slot tournaments with high payouts. A skilled tournament BJ player could probably see a good EV from an invite to a BJ tournament.


I misinterpreted the phrase "Invitation to signature events." To me it sounded an awful lot like "Come listen to our CEO tell the Seven Stars members how great they are."

Quote: Tiltpoul

The cruise is still probably very nice, as they have partnered with Norwegian and it's probably a very nice room.


So, maaaaaybe it's worth $1200 tops, if the 7S member is allowed to bring a companion.

Quote: Tiltpoul

I agree that the coin-in on machines isn't worth it. Seven Stars are for hardcore gamblers who have a bankroll, and you won't get invited just by earning the points. You better have a credit line established and have a good host to back you. But if you gamble a lot, and like Caesars properties, Seven Stars is a good program.


Nearly all casinos treat 7S and Diamond members equally in terms of cab, cashier, and buffet lines. In terms of appearing superior to lowly Gold and Platinum members, the two tiers seem equal.

Quote: Tiltpoul

AS FOR THE ORIGINAL POST, hmmm.... a new poster basically offering a betting system or more appropriately, a money management system. However, this one wasn't under betting systems... I guess it's how you word it...


I genuinely don't believe he was offering a betting system. What he was asking was whether the types of bets he was planning on making in an attempt to gain 7S status were low-risk and have a low expected loss.

To TheShadow747: I still say you would be better off trying to achieve 7S status by playing 9/6 Jacks or Better. The $1 million of required coin-in has an expected loss of $4561 versus $5305 using your proposed craps method.
Tiltpoul
Tiltpoul
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May 16th, 2012 at 4:22:02 AM permalink
Quote: JB

Their website states that you are guaranteed a room if you give at least 48 hours notice. It may be for a nice room, but I'm sure Diamond members can get the same. Even if they can't, how useful is a "nice" room compared to a "Diamond" room for someone who is known to spend very little time in their room?



I'm Diamond with Caesars, and I can't get comped rooms on weekends at peak times, even with 48 hours notice. I also know, at least from a front desk clerk at North Kansas City, that hotels have to hold back about 5 rooms nightly for 7 Stars guests only, who may request one at any time. It may not be a suite, but they don't want to have to put that person up at a local or competitor hotel if they want. It is still VERY different.

Quote: JB

Nearly all casinos treat 7S and Diamond members equally in terms of cab, cashier, and buffet lines. In terms of appearing superior to lowly Gold and Platinum members, the two tiers seem equal.



In Vegas, this may be true. However, in the regional properties, and especially at the mid-tier properties with big bankrolls (i.e. Horseshoe Council Bluffs, Horseshoe Hammond, and what used to be Harrah's Maryland Heights), Seven Stars still have different lines and other benefits. I agree this is more property-based, but as a Diamond card holder, it actually does make me want to achieve 7 Star status. Not enough to gamble THAT much, but when they add the next tier at 25,000 credits, I will try to earn that.

Actually, FWIW, they now have a new program where earning 10,000 RCs in a quarter gets you a one-quarter pass to deals very similar to Seven Stars. It's pretty smart, giving Diamond players the chance to taste the good life.
"One out of every four people are [morons]"- Kyle, South Park
JB
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JB
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May 16th, 2012 at 4:36:35 AM permalink
Quote: Tiltpoul

I'm Diamond with Caesars, and I can't get comped rooms on weekends at peak times, even with 48 hours notice. I also know, at least from a front desk clerk at North Kansas City, that hotels have to hold back about 5 rooms nightly for 7 Stars guests only, who may request one at any time. It may not be a suite, but they don't want to have to put that person up at a local or competitor hotel if they want. It is still VERY different.


Understood.

Quote: Tiltpoul

In Vegas, this may be true. However, in the regional properties, and especially at the mid-tier properties with big bankrolls (i.e. Horseshoe Council Bluffs, Horseshoe Hammond, and what used to be Harrah's Maryland Heights), Seven Stars still have different lines and other benefits. I agree this is more property-based, but as a Diamond card holder, it actually does make me want to achieve 7 Star status. Not enough to gamble THAT much, but when they add the next tier at 25,000 credits, I will try to earn that.

Actually, FWIW, they now have a new program where earning 10,000 RCs in a quarter gets you a one-quarter pass to deals very similar to Seven Stars. It's pretty smart, giving Diamond players the chance to taste the good life.


Well, they know what they're doing - enticing people who aren't at the highest tier yet to gamble harder for a couple extra perks.

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