Bonus exploit?

Hey all! I noticed something interesting at my local casino today and I wanted to get some feedback on a potential bonus exploit.

At this particular casino I know if you go to a roulette table and place $10 on red and $10 on black the floor supervisor will rate you as a $10 average better. This casino just installed a roulette machine (real wheel but no dealer - automatic) and I noticed that it will rate you based on actual coin in. So if I put $10 on red and $10 on black the points I’m rewarded are for $20 not $10. I’m curious if this can be exploited in any useful way. Here’s a bit more info:

: $50 in = 1 point
: 1 point = approximately 3.4¢ casino cash
: casino cash can be exchanged at the following rates
- $1 casino cash = $1 play in any machcine
- $1 casino cash = 50¢ cash out
- $1 casino cash = $2 gift shop/food
: standard double 0 wheel
: points = advanced tiers with benefits, only useful tiers requires 50,000 and 250,000 points respectively
: more money in = better monthly coupons and free play money though I have no idea what formula they use for this.

Roulette has one of the highest points : dollar ratio of any table game at the casino. Seems like there’s some opportunity here to earn twice as many points with less risk, but the 3.4¢ : 1 point ratio seems too low to exploit for any real use.

Curious to get some feed back. I swear a read an article on this site about someone exploring roulette machine for bonuses in a similar way, but I can’t seem to find it.

Thanks!
-Bacc

If you'll bet $50 on red and $50 of black until the wheel rusts away and the building crumbles, you've effectively lost on average $5.26 per spin while earning $0.068/$0.034/$0.136 in comps.

For every $10 coin in you're going to lose about 52c. (doesn't matter if bet red/black, red/black/green, purple, orange, whatever)

So you lose about $2.60 for $50 coin in.
For that you get 3.4c back in freeplay

3.4c <<<<<< $2.60

Doesn't seem remotely close to a winner to me.

Also, you're telling me the casino gives a whopping 7.8c back per $100 wagered?

Seriously? .078%?

Do me a favor and go up to the players club booth and laugh in their face for me.

:) that’s what I figured. Thanks

Quote: sabre

Also, you're telling me the casino gives a whopping 7.8c back per $100 wagered?

Seriously? .078%?

Do me a favor and go up to the players club booth and laugh in their face for me.

Yeah I was a little surprised as well. I’d never really payed attention to the percentage because I’d never played enough for the bonus money to matter.

Quote: Baccbanker

Yeah I was a little surprised as well. I’d never really payed attention to the percentage because I’d never played enough for the bonus money to matter.

At least I think that’s right. Experimenting with it today I earned 56 points and $1.89 in casino cash.

I used to exploit stuff like that. It may be possible but im not giving up any info besides letting you know there is likely an exploit there

It seems like the problem with a red /black equal bet is that there is no way to win but a 0 is a full loss. It would make more sense to me to bet 35 on red and black and 2 on 0/00. That would minimize the variance.

The hard part is coming up with a way to get enough offers and free play to offset the 5% edge.

Quote: darkoz

I used to exploit stuff like that. It may be possible but im not giving up any info besides letting you know there is likely an exploit there

I somehow highly doubt that.
Comps can be exploited on skill games like Blackjack or VP because on average players don't follow optimal strategy and play at a much bigger disadvantage than the optimal HE. In those cases casinos often offer comps which overweight the house edge for an optimal player. But on roulette, everybody's got the same house edge, by betting red-black or even red-black-0 he is doing the same thing as the average player, I don't see how the house comps can overweight that and they'd still make a profit.

If someone thought of a promotion, then someone has thought of a way to exploit it.

Quote: tyler498

I somehow highly doubt that.
Comps can be exploited on skill games like Blackjack or VP because on average players don't follow optimal strategy and play at a much bigger disadvantage than the optimal HE. In those cases casinos often offer comps which overweight the house edge for an optimal player. But on roulette, everybody's got the same house edge, by betting red-black or even red-black-0 he is doing the same thing as the average player, I don't see how the house comps can overweight that and they'd still make a profit.

Like i said. I have done it. Its possible

If you are going to ask why i dont do it now i can tell you if a casino sees this activity they feel cheated and can cancel any promotions earned this way. After that happened to me once or twice i found other ways that at least were less obvious

When a casino is blind to it however a good profit can be made.