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AxelWolf
AxelWolf
Joined: Oct 10, 2012
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November 5th, 2019 at 3:20:17 PM permalink
One of the last guys that posted up pictures and whatnot like this turned out to be a complete fraud. He was using his bosses(owner of the business )status and generosity and presenting it as his own. He too suggested he was a fearless baccarat player who also had some BJ experience and similar tenancies all around.
♪♪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♪♪
ChumpChange
ChumpChange
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MDawg
November 5th, 2019 at 4:15:02 PM permalink
My 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.
DRich
DRich
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MDawg
November 5th, 2019 at 4:28:26 PM permalink
Quote: ChumpChange

My 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.
Living longer does not always infer +EV
michael99000
michael99000
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November 5th, 2019 at 4:34:55 PM permalink
It takes me a day or two to get used to the turning back of the clocks. Iím just now adjusted to it.
ChumpChange
ChumpChange
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MDawg
November 5th, 2019 at 4:36:28 PM permalink
I would figure it'd be equal to my base bet every 4 hours, so $6 of comps for a slice of pizza. Maybe they deducted for my two glasses of wine at the table without telling me because I'm not on the 2nd tier.
ChumpChange
ChumpChange
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MDawg
November 5th, 2019 at 4:41:15 PM permalink
I'm trying to calculate how rich I'd be to be betting $10K with $50K odds on the PL, and I'd be within $150K of a million dollars, on a 25 unit session with a $120K buy-in. I'll have to take a check to the bank.
MDawg
MDawg
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November 5th, 2019 at 4:41:59 PM permalink
Your comps are 15% of your actual loss, or whatever your theoretical is.

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.
Last edited by: MDawg on Nov 5, 2019
MDawg
MDawg
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November 5th, 2019 at 4:57:01 PM permalink
Quote: ChumpChange

My 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.
UP84
UP84
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MDawg
November 5th, 2019 at 6:17:18 PM permalink
Quote: MDawg

Your 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.
MDawg
MDawg
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November 5th, 2019 at 6:25:12 PM permalink
I didn't mean that you'll get all of the theoretical loss in comps, but the % is much higher than 15%. 15% against actual loss, against theoretical is much higher %.

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