dummyGambler
dummyGambler
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Joined: Feb 25, 2011
September 17th, 2012 at 12:10:50 AM permalink
Where to best utilize the Total Reward Credits ?
I am looking for best cashout value- Gift cards will do as well.. Does Harrah offers special Thanksgiving or Xmas higher cashout value promotion?
Say I've 100k in RC, my cashout value is 500$. Does it vary from property to property?

Any advice would be appreciated..
rdw4potus
rdw4potus
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September 17th, 2012 at 5:35:34 AM permalink
There is a holiday shopping event in Vegas every year. RCs go a little farther there, but you also have to buy the real merchandise that they have there - no gift cards or cash equivalents. I think you may also need to Diamond or 7 Stars to get an invitation.

I haven't tried to cash in reward credits since they started offering to turn them into slot credits. I'm not sure if they do that at a 1:1 or 1:2 ratio. If it's 1:2, you're better off with cash; but if it's 1:1, you could convert your credits to slot play and play them through. On a stable enough machine you should come out with more cash that way than if you just cashed out the RCs.
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett
NickyDim
NickyDim
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September 17th, 2012 at 6:17:38 AM permalink
Food and shopping will give you the best value. I would only use 2 for 1 cash value if I were endanger of losing those credits because I won't be back for more than 6 months (like that might ever happen).
"They who can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety."-Ben Franklin
FatGeezus
FatGeezus
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September 17th, 2012 at 8:22:32 AM permalink
Every once in a while I will use 200 reward credits to get a $100 Shell gas card.

I will get $25 worth of gas at a time.

I use the gas card and the $25 that I would have spent, stays in my pocket.
Tiltpoul
Tiltpoul
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September 17th, 2012 at 10:47:34 AM permalink
Quote: FatGeezus

Every once in a while I will use 200 reward credits to get a $100 Shell gas card.



Where are you getting THAT offer, unless 200 is a typo. 200 RCs is worth $2 in comps, so a $100 Shell Gas Card would be a HUGE EV on the RCs. I think you meant 200,000 RCs which would equal $200 in comps, or $100 slot play.
"One out of every four people are [morons]"- Kyle, South Park
NickyDim
NickyDim
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September 17th, 2012 at 10:52:34 AM permalink
Actually its a penny for every RC. $200.00 = 20,000 points.
"They who can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety."-Ben Franklin
RaleighCraps
RaleighCraps
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September 17th, 2012 at 11:51:03 AM permalink
I used my RC to get merchandise, because that appears to be the highest return. However, I had about 40,000 credits and ended up using them on a Norelco Rotary shaver, which meant that would have been a $400 saver, which of course it wasn't. (I found it online later for $179)

I estimate the RCs when used on :
- direct removal of cost from your Harrah's room charges or dinner bills = 100% , ie. 400 credits will be $4.00 off
- the merchandise catalog gets you about 70% value , ie. you will pay $400 for something that is RETAIL SUGGESTED price of $280.
- cash out is 50% value, ie, 400 points will get you $2.00
Always borrow money from a pessimist; They don't expect to get paid back ! Be yourself and speak your thoughts. Those who matter won't mind, and those that mind, don't matter!
FatGeezus
FatGeezus
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September 17th, 2012 at 1:17:48 PM permalink
Quote: Tiltpoul

Where are you getting THAT offer, unless 200 is a typo. 200 RCs is worth $2 in comps, so a $100 Shell Gas Card would be a HUGE EV on the RCs. I think you meant 200,000 RCs which would equal $200 in comps, or $100 slot play.



We're both wrong!

It's 20,000 RC.
IndyDarren
IndyDarren
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September 17th, 2012 at 3:30:42 PM permalink
I use my credits for room charges and food. I'll treat myself to a nice steak dinner, maybe the seafood buffet at Rio. Things my normal penny pinching self wouldn't spend cash on. Also good for drinks at the pool. I can't imagine spending $35 cash for five beers, but somehow it's easier mentally to use my RCs for things like that.

I've never checked on trying to exchange them for cash and slot play. As was mentioned above, I'd probably only do that if the only other option was losing them....but I have a TR credit card, so I can keep them active without ever going to a casino.
JohnnyQ
JohnnyQ
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September 17th, 2012 at 4:08:07 PM permalink
I've spent mine on buffets and 1 hotel night at Southern
Indiana on a weekend.

Since I live in the mid-west, or possibly the east depending
on your geographic definitions, I have been able to do
pretty well on the Race for Rewards.

So, good post topic. Interesting.....
There's emptiness behind their eyes There's dust in all their hearts They just want to steal us all and take us all apart
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