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DRich
DRich
Joined: Jul 6, 2012
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September 3rd, 2019 at 6:27:08 PM permalink
Quote: darkoz



I wouldn't pay more than 50%



I will gladly pay 80% at most Las Vegas casinos.

Wasn't there a guy on this forum trying to sell $5000 worth of freeplay? I am pretty sure I offered him $4000.
Order from chaos
darkoz
darkoz
Joined: Dec 22, 2009
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September 3rd, 2019 at 6:44:42 PM permalink
Quote: DRich

I will gladly pay 80% at most Las Vegas casinos.

Wasn't there a guy on this forum trying to sell $5000 worth of freeplay? I am pretty sure I offered him $4000.



Well we all may be speaking west coast/east coast apples n oranges

To my knowledge there is no casino on the East Coast that offers $5,000 freeplay in a single sitting (aside from some rare giveaways where few people win). In general $500 is max although I have seen higher at a few locations.

So if someone offered me $5000 in freeplay that would mean either of 2 scenarios.

1) $500 on 10 different players cards to be used same day

2) $5000 freeplay on one single players card but spread out through the entire month in drips n drabs. $250 here and $400 there, etc.

In both scenarios IF I was to consider it, there would be a certain amount of wariness (for what should be obvious reasons in both cases) that might even drive me to offer even less.

However if I could have $5000 freeplay for a single days use then yes, 80% Would be a reasonable amount for me to pay
For Whom the bus tolls; The bus tolls for thee
AxelWolf
AxelWolf
Joined: Oct 10, 2012
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September 3rd, 2019 at 8:15:46 PM permalink
Quote: DRich

I will gladly pay 80% at most Las Vegas casinos.

Wasn't there a guy on this forum trying to sell $5000 worth of freeplay? I am pretty sure I offered him $4000.

I'll gladly pay 51%(even more) for $500 free play just about anywhere there's a good chance I would even take that deal on a gaffed online casino.
♪♪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♪♪
darkoz
darkoz
Joined: Dec 22, 2009
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September 3rd, 2019 at 8:30:01 PM permalink
Huhhh!

I know this is gonna throw the other AP's here into a tailspin, but after thinking it over I seriously doubt I would be willing to pay more than 25% or maybe 30% for freeplay.

I generally dont buy freeplay from people at least not in the sense being discussed here. So most people would probably balk and accuse me of being a cheapskate.

At any rate here is my reasoning why I would lowball freeplay so much. I understand this doesn't apply to many of you other guys but here is the simple reality for me.

My whole AP right now is to earn freeplay and turn it over in such a way that I make a profit. Not gonna discuss how. There are a few on here who understand.

Thats said, the real question for me is not what is the value of the freeplay in turnaround percentage BUT what would I normally spend to get an equivalent amount myself.

Lets take $5000 freeplay. If I can earn it myself for an expected loss ("investment" if you will) of $2000, then why in hell would I be interested in paying $4000 for the same amount?

Would any person on here pay $4000 or $4975 for $5000 of freeplay when they knew they could get it for themselves at only $2000 expense?

I highly doubt it. That would not be a good AP move in my book (said book which may one day be published- just a quick plug there)

But then I seem to think outside the box for most of you guys so who knows
For Whom the bus tolls; The bus tolls for thee
AxelWolf
AxelWolf
Joined: Oct 10, 2012
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September 3rd, 2019 at 9:12:49 PM permalink
Quote: darkoz

There goes "under the right circumstances" again.

Sure, but as I have pointed out those are few and far between here on the East Coast.

And since you have to keep prefacing it with "under the right circumstances" it is pretty clear those are rare enough that you dont want to just say, "yes I buy it."

And once again we are talking about adding one half percent to freeplay, not to gameplay.

Unless u are purchasing unlimited or mega amounts of freeplay (tens of thousands of dollars) one half percent isnt large enough

We began this thread with a purchase of $500 fp. Again, you arent arguing that extra $2.50 is some huge edge if you purchased it are you?

And dont say well if you could purchase $500 fifty times over because thats just saying a purchase of $25,000

We are talking about $500 freeplay here

That example was never the point of this and I think you know that. I think you're just trying to muddy the waters so no one notices how absurd you seem not being willing to pay more than 50% for FreePlay, since you keep going back to that.

My point was.... there are times where paying high rates 4 FreePlay would be an advantage and it's unlikely 67% is too high, in fact, that's almost certainly too low and one would be foolish for sell it at that price, unless for some reason they couldn't play it themselves.

There are many situations that come up we're a half a percent makes all the difference in the world . Some of those plays can be incredible money makers. Personally am not usually engaging in plays where a half a percent makes a difference, although, I have many times and most certainly will in the future. Being able to recognize the value and potential of something and knowing when you should/shouldn't jump on something, and not having any hard fast rules("I won't pay more than 50%") is an important aspect Advantage play.

It's always wonderful when you have huge 50% to 200% advantages. Having much smaller percentages where you can get in a high volume of action can be significantly better. There's no reason to pass up those good opportunities if something you can afford.

And again, almost any good Advantage player would be willing to pay more than 50% for FreePlay, even on slots. Bridal
♪♪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♪♪
darkoz
darkoz
Joined: Dec 22, 2009
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September 3rd, 2019 at 9:22:29 PM permalink
Quote: AxelWolf

That example was never the point of this and I think you know that. I think you're just trying to muddy the waters so no one notices how absurd you seem not being willing to pay more than 50% for FreePlay, since you keep going back to that.

My point was.... there are times where paying high rates 4 FreePlay would be an advantage and it's unlikely 67% is too high, in fact, that's almost certainly too low and one would be foolish for sell it at that price, unless for some reason they couldn't play it themselves.

There are many situations that come up we're a half a percent makes all the difference in the world . Some of those plays can be incredible money makers. Personally am not usually engaging in plays where a half a percent makes a difference, although, I have many times and most certainly will in the future. Being able to recognize the value and potential of something and knowing when you should/shouldn't jump on something, and not having any hard fast rules("I won't pay more than 50%") is an important aspect Advantage play.

It's always wonderful when you have huge 50% to 200% advantages. Having much smaller percentages where you can get in a high volume of action can be significantly better. There's no reason to pass up those good opportunities if something you can afford.

And again, almost any good Advantage player would be willing to pay more than 50% for FreePlay, even on slots. Bridal



Well, not this one! Not at this time in my career.

If I was more desperate then yes I would pay more.

I suppose its like 2001: A Space Odyssey. I have moved onto a higher plane of AP existence than the rest of you.

Look up to the skies for the Star Baby AP
For Whom the bus tolls; The bus tolls for thee
Puckerbutt
Puckerbutt
Joined: Sep 24, 2013
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Thanks for this post from:
darkozAxelWolfForager
September 3rd, 2019 at 10:32:34 PM permalink
Quote: darkoz

I suppose its like 2001: A Space Odyssey. I have moved onto a higher plane of AP existence than the rest of you.

Look up to the skies for the Star Baby AP

At least I now know my gag reflex is in good working order.
My God! You're full of .....
something.
If'n I'd a knowed you wanted to have went with me - I'd a seen that you got to get to go.
RS
RS
Joined: Feb 11, 2014
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September 4th, 2019 at 2:52:34 AM permalink
Quote: darkoz

Huhhh!

I know this is gonna throw the other AP's here into a tailspin, but after thinking it over I seriously doubt I would be willing to pay more than 25% or maybe 30% for freeplay.

I generally dont buy freeplay from people at least not in the sense being discussed here. So most people would probably balk and accuse me of being a cheapskate.

At any rate here is my reasoning why I would lowball freeplay so much. I understand this doesn't apply to many of you other guys but here is the simple reality for me.

My whole AP right now is to earn freeplay and turn it over in such a way that I make a profit. Not gonna discuss how. There are a few on here who understand.

Thats said, the real question for me is not what is the value of the freeplay in turnaround percentage BUT what would I normally spend to get an equivalent amount myself.

Lets take $5000 freeplay. If I can earn it myself for an expected loss ("investment" if you will) of $2000, then why in hell would I be interested in paying $4000 for the same amount?

Would any person on here pay $4000 or $4975 for $5000 of freeplay when they knew they could get it for themselves at only $2000 expense?

I highly doubt it. That would not be a good AP move in my book (said book which may one day be published- just a quick plug there)

But then I seem to think outside the box for most of you guys so who knows


If I could generate $5k in FP and it cost me $2k in EV......and someone is offering to sell $5k in FP for $4k......guess which offer I'm going to take.


BOTH


And we all damn well know that just because we can generate $3k in EV on a play it doesn't mean we should avoid every other play where the EV is lower. It'd be stupid to only play the highest EV thing. As long as the play meets my threshold of "worthiness" (hourly/monthly EV, risk, ease), then I'm going to play it.
darkoz
darkoz
Joined: Dec 22, 2009
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September 4th, 2019 at 3:45:42 AM permalink
Quote: RS

If I could generate $5k in FP and it cost me $2k in EV......and someone is offering to sell $5k in FP for $4k......guess which offer I'm going to take.


BOTH


And we all damn well know that just because we can generate $3k in EV on a play it doesn't mean we should avoid every other play where the EV is lower. It'd be stupid to only play the highest EV thing. As long as the play meets my threshold of "worthiness" (hourly/monthly EV, risk, ease), then I'm going to play it.



Holy crap!

I really am operating on a higher level than my fellow AP's.

If I can generate $3k in ev on a play and someone offers me $1k ev on a play, I am not going to accept it.

Instead I will generate the same offers he has myself and save me $2000!!!

I cant believe serious AP's on here are actually suggesting that paying $2000 MORE for an item than they need to (freeplay in this case) is wise advantage gambling.

Now I truly understand why it took myself to put fear into the casinos

To put it another way,

Rather than pay $4000 for a $1k advantage I could now put that $4000 into DOUBLE the offers (generating $10,000 in freeplay)

Why would I make such a purchase of freeplay just because its there when I can get so much more out of my capital bankroll by investing it more wisely?
For Whom the bus tolls; The bus tolls for thee
SingleCoinVP
SingleCoinVP
Joined: Aug 31, 2019
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September 4th, 2019 at 3:59:41 AM permalink
I find the discussion of free play buying and selling interesting. If someone offered me $500 for my free play, I wouldn't have sold it. I would have always wondered what I could have won on my own. I have seen people at the Tampa casino win more than $500 in free play numerous times. I once sat next to a lady who won a car. The problem with drawings is you must be there when they call your name. The bigger drawings are held late at night when I'm in bed.

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