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mkl654321
mkl654321
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January 21st, 2011 at 11:22:23 AM permalink
Quote: Ibeatyouraces

All in all we came up with about the same $9.30 an hour figure. But if anyone has other figures, we would sure like to see how the math works.



Yours and others' calculations are correct. But there's one thing that has been left out--the value of any slot club benefits over and above simple cashback. With this amount of action, you should receive a fair amount of bounceback/room offers/free play/etc. Exactly how much and what kind of perks you get is up to the individual casino, but in my experience, this is +0.5% or more. And this level of daily action is just about optimal for receiving the best benefits without putting your head on the chopping block to do so.
The fact that a believer is happier than a skeptic is no more to the point than the fact that a drunken man is happier than a sober one. The happiness of credulity is a cheap and dangerous quality.---George Bernard Shaw
Ibeatyouraces
Ibeatyouraces
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January 21st, 2011 at 11:24:23 AM permalink
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Ibeatyouraces
Ibeatyouraces
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January 21st, 2011 at 11:25:02 AM permalink
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mkl654321
mkl654321
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January 21st, 2011 at 11:32:19 AM permalink
Quote: Ibeatyouraces

He earns about $150 in comps per day.



Without knowing how many hours/day he plays, I can't quantify the added return/hour; also, comps shouldn't be assessed at face value. That said, let's try to figure the value of the earned comps based on a few hypotheticals: true valuation of comps at $120 (80%), and 6 hrs of play/day:

Total action: $43,200 (6 x 7,200)
Added return: $120

A little less than +0.28%. And if he gets those comps for just 4 hours of playing, that figure would be 0.42%. This makes the game significantly positive. And that's not even counting whatever offers/bonuses he may get in the mail later.
The fact that a believer is happier than a skeptic is no more to the point than the fact that a drunken man is happier than a sober one. The happiness of credulity is a cheap and dangerous quality.---George Bernard Shaw
Ibeatyouraces
Ibeatyouraces
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January 21st, 2011 at 11:41:12 AM permalink
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teddys
teddys
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January 21st, 2011 at 1:29:55 PM permalink
Quote: Ibeatyouraces

He earns about $150 in comps per day.

"Pizza! Pizza!"
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
Ibeatyouraces
Ibeatyouraces
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January 21st, 2011 at 2:52:43 PM permalink
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Ibeatyouraces
Ibeatyouraces
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January 21st, 2011 at 2:54:12 PM permalink
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teddys
teddys
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January 21st, 2011 at 3:51:14 PM permalink
Quote: Ibeatyouraces

This is Greektown's cashback fomula not MCC.

It's the same at MC (and MGM and GT). I've checked it many times on the regular 9/6 games. Run a few tests and see what you get. I'm pretty sure it's $6 to 1 on every VP machine but I might have missed some.
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4

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