Excellent Promotion at Casino Royale

I stumbled across this on my last trip and it is still ongoing now.

For every $100 in losses on the clots, they award you $20 in Freeplay.

Great deal!

Quote: Blonde4ever

I stumbled across this on my last trip and it is still ongoing now.

For every $100 in losses on the clots, they award you $20 in Freeplay.

Great deal!

Slots only? Obviously its not on VP(or its maxed out), if its VP as well then I assume its "free play" you can only use on their promo machine. If so, it's actually a horrible deal because they trap you forever with a very rare chance of winning anything. Better off playing MV.

If its real free play and available on VP losses and unlimited, it would be good.

If its real free play and available on slots losses only i'm thinking its marginally worthwhile.

Tropicana has it for locals.

Can you explain more details?

It has nothing to do with those horrible promotional machines...thank God.

I was playing a slot and I only played that machine all night.
I was shocked at how much freeplay I was getting.
I initially thought it was only the FIRST $100...but no, it was every $100.

I didn't try VP that night...but I will be returning in the spring and will test that out.

Quote: Blonde4ever

It has nothing to do with those horrible promotional machines...thank God.

I was playing a slot and I only played that machine all night.
I was shocked at how much freeplay I was getting.
I initially thought it was only the FIRST $100...but no, it was every $100.

I didn't try VP that night...but I will be returning in the spring and will test that out.

How do you collect the rebate, visit slot club? Is it instant? Can you go back each time you lose $100? Or 1 trip only?

I'll certainly check it out asap but the less questions I have to ask them the better.

Quote: Blonde4ever

It has nothing to do with those horrible promotional machines...thank God.

I was playing a slot and I only played that machine all night.
I was shocked at how much freeplay I was getting.
I initially thought it was only the FIRST $100...but no, it was every $100.

I didn't try VP that night...but I will be returning in the spring and will test
that out.

If its that good it won't be there in the spring.

Quote: mickeycrimm

If its that good it won't be there in the spring.

20% on slots can last. You'll need perfect conditions for it to be any good, highly doubtful they do.

I just read someone's current trip report so I know it is still happening RIGHT NOW.

So I am hoping it will still be there in April!

Quote: AxelWolf

How do you collect the rebate, visit slot club? Is it instant? Can you go back each time you lose $100? Or 1 trip only?

I'll certainly check it out asap but the less questions I have to ask them the better.

The freeplay was accessible on the slot machine. Happily you didn't have to go to the slot club.

They have the modern touch screen on their machines now. You just play your money through and then check your account for the freeplay.

The night I was playing I ended up with $80 freeplay.

Quote: Blonde4ever

The freeplay was accessible on the slot machine. Happily you didn't have to go to the slot club.

They have the modern touch screen on their machines now. You just play your money through and then check your account for the freeplay.

The night I was playing I ended up with $80 freeplay.

so you lost $400 and got back $80. Most call that a bad deal.

Quote: AxelWolf

so you lost $400 and got back $80. Most call that a bad deal.

but they should never rebate this much on actual losses, it should only be theoretical losses.

you win sometimes, right?

PS: usually one of the Don Johnson type rebate problems is that there is a threshold before you can get rebates for losses; not so here it seems. I dunno, some of our mathematicians should weigh in here.

Quote: odiousgambit

but they should never rebate this much on actual losses, it should only be theoretical losses.

you win sometimes, right?

PS: usually one of the Don Johnson type rebate problems is that there is a threshold before you can get rebates for losses; not so here it seems. I dunno, some of our mathematicians should weigh in here.

Luckily, towards the end of the evening I got an excellent hit and won about $500.

I continued to play though, but I cashed out at $300ish.

It was what I consider... a GOOD NIGHT. ;)

I imagine the phrase "300ish" is making a lot of you twitch....lol.

I was asked to weigh in here. Without doing any math, my educated opinion is this is probably of marginal value.

First consider that in my Vegas slot survey, the Casino Royale came in 37th, with a return of 91.67%. Of course, the returns are likely higher on the larger denomination games, which you should be playing.

Like with the Riviera slot rebate promotion, my advice is to hit and run. Find the largest denom game you can, play it at max bet, and go for a big win or bust trying. You shouldn't play for more than five minutes or so, lest that high house edge grind you down.

I might go to the Strip later today to check it out.

For now, my opinion is that if you're in Vegas anyway, it is worth doing, but I wouldn't make a special trip for it.

No disrespect, but how old is that Vegas slot survey?

Bourbon Street closed in 2005, San Remo around that time too.
Is this still accurate?

Quote: Blonde4ever

No disrespect, but how old is that Vegas slot survey?

Bourbon Street closed in 2005, San Remo around that time too.
Is this still accurate?

as it says, 2001

in the guide here at this site, he says,

Quote:

Granted, it has become somewhat dated, but I think it still makes for a rough guideline

https://wizardofvegas.com/guides/slots/

BTW the survey is totally unique and gained fame for the Wizard.

Quote: wikipedia article

He received a great deal of attention in 2002 shortly after moving to Las Vegas when he published a paper where he released rankings of slot machine payout percentages, widely considered secretive or unavailable, to show which Las Vegas casinos set their nickel machines with the best and worst payouts. The Time Out Las Vegas referred to the survey as groundbreaking. This paper was referenced by Palms Casino Resort to advertise their competitive payouts

I don't believe anyone else has done a survey since.

Slots would be pretty marginal. Basically you would need to play in a manner where actual coin in almost equals loss to be +ev or thehouse edge will grind you down, and you can find better things. If you're a rec player and like slots, it's a good deal.

Yes...I am a recreational player and like slots.
(And VP)

Just trying to share what seemed to me to be a nice perk.

Quote: Blonde4ever

Yes...I am a recreational player and like slots.
(And VP)

Just trying to share what seemed to me to be a nice perk.

thank you. I think sometimes we just think "not worthwhile for me" and are dismissive. It's a good deal if you're not local and play slots, better than playing next door. As Axel mentioned, if you are local can get pretty much the same deal at Tropicana.

Yes however thats for a month long and then you get a check in the mail the next month.

Assuming CR works as described it's unique because its instant and its better value because its given per $100. I don't have the math to back it up however In my mind I believe that makes a significant difference.

Ill check it out tonight or tomorrow. My thinking is they won't have what i'm looking for.

Quote: Blonde4ever

Yes...I am a recreational player and like slots.
(And VP)

Just trying to share what seemed to me to be a nice perk.

Yes This is a good deal if you're a slot player. Unfortunately slot players usually have crazy theories and are not motivated by value. It's like when you will see people playing 6/5 JOB right next to an open 9/6.

I have a friend who's wife is korean, she loves DBL DBL however she will not play the good paytables at a casino that's actually nicer and closer to her, with better comps.

She goes out of her way to a casino with much worst paytables. She thinks that casino hit more Aces.

Quote: AxelWolf

She goes out of her way to a casino with much worst paytables. She thinks that casino hit more Aces.

And that why they keep building them and they keep making money*



*Except for CZR Properties

I guess I will keep what I mistakenly think is a good deal to myself.
My attempt to share didn't go well.

It's a good deal. Mathboys can be a tough crowd.

Ya think?

Thanks McAllister...

I can tell you guys what I would use it on, and I'm assuming you can play the Free Play on VP:

Basically, I'd look at some of the must-hit Progressives and kind of use it to assuage a loss a bit if I lose going for one in positive territory.

The Wizard's tables for the WMS:

https://wizardofodds.com/games/slots/mystery-jackpot/

Are based on amount won and not coin-in, though the ones I have seen are coin-in, and generally, $4.00 coin-in moves the meter a penny. Now, $485 major is playable under any conditions on the Wizard's chart, but I'd never play that.

Assuming a 12% hold, I usually like to look at how much coin-in until I lock that bad boy up (and even then I've gotten burned). Assuming a meter move of a penny per $4.00 on the major, I'm looking at 1500 meter moves * $4 = $6,000 coin in. At a 12% hold on the base game, that is an expected loss of $720 before locking up the $500...so I wouldn't play that.

If we look at a marginal play point for me, such as $490, 1000 meter moves is $4,000 coin in and an expected loss of $480 to lock up $500...and I still wouldn't play that at $490.

However, if I knew I would get $20 back for every $100 lost and could play the 98.01% Bonus Poker with an expected return of $19.60 per $20.00, then I've got a little more to work with.

Another thing to consider is that you don't realize the value of the promotion UNLESS you actually lose. Even that's fine, though. Let's say I lock that thing up and I'm still down $50, what I'm probably going to try to do is take the other $50 and bring myself back up to $80...$10 single-line slots, if available.

Anyway, I definitely think this was a worthwhile thing to report. If you're going after an advantage slot play, it's always good...if you're trying to decide on a border-line play, then this may or may not tip the scales in terms of it being worth going after the play.

Non-AP Slot Players

I concur with everything Wizard said. Also, if you assume that someone is going to play a machine that holds...call it 10% the whole time...then you get to take $100 worth of risk and essentially only lose $82 on that hundred. If the player continues to play, then they got to play $118 worth of actual cash (theoretically) on that $100 bill, so this is definitely a good promo for slot players and I think anyone who is playing non-AP slots anyway would do well to try it. It'll get them more spins, anyway, more spins are more chances.

Play anywhere else on $100, you have only $100 worth of chances, so why not?

I don't know if a non-AP should set a win goal, or not, in this case...whenever they're ready to be done, I suppose. Definitely want to lose in multiples of $100, for sure. It'd be silly to lose $392.17 (as an example) and only get $60 Free Play.

I finally went in and did this promotion yesterday. To recap, the player gets an instant 20% rebate on his net slot loss. I believe they go by your net loss as of when the promotion started. For example, let's say you lose $1000 on Monday and get $200. Then on Tuesday you win $5000. Then on Wednesday you lose $1000. You would not get anything for Wednesday, because you're still up $3,000.

I should also add that you get back 100% of the first $20 lost.

I played $5 7-5 Bonus Poker. I know it is an awful pay table, and may not be the best one in there, but I forgot to bring my cheat sheet and am at least familiar with Bonus Poker strategy. All the pay tables looked awful. I was down about $300 when I started to run good. Then I hit four sixes for $625, putting me up about $800. At that point I decided to quit. I'm not saying it was the right decision, but I had dinner to get to soon and didn't feel like giving the money back. With the awful pay tables there, I tend to think that quitting at this point is the right move, but welcome other opinions.

Also, when I hit the four of a kind I was owed $40 that I hadn't collected from previously being in the hole. I was worried they would take the money back, as I was not longer in the hole, but they didn't. Once you earn the rebate it can't be taken away, except perhaps by reason of expiration. So I collected it, played it off, and left.

I think this is a strong promotion and I recommend you guys do it if in Vegas.

Thanks Wizard! I'll be at harrahs next week and will definitely take advantage. It's basically a free $40 bucks for my wife and I. Also thanks to blonde for putting out this info

FYI there's lots of heat if you're an AP and play smart or if you earn to much free play. They polity ask you to leave.

John or Tom Elardi (I can't remember what one anymore) used to run out and and yell at everybody if you APed the double time.

Thanks axel but we are not really AP in that sense. I'm smart enough to get the free $40, but im not advanced enough to hammer a VP machine for the correct odds/play.

Quote: Wizard

I played $5 7-5 Bonus Poker. I know it is an awful pay table, and may not be the best one in there, but I forgot to bring my cheat sheet and am at least familiar with Bonus Poker strategy. All the pay tables looked awful. I was down about $300 when I started to run good. Then I hit four sixes for $625, putting me up about $800. At that point I decided to quit. I'm not saying it was the right decision, but I had dinner to get to soon and didn't feel like giving the money back. With the awful pay tables there, I tend to think that quitting at this point is the right move, but welcome other opinions.

I would think it was the right decision, but then, you can always return at some point and play again if not. It seems that you would have to lose the $800 you were up plus another $300 and another $100 in order to collect a $20 rebate making that portion of the rebate 1.667% loss rebate, which is less than the hold of the game.

If you were to go and lose another $1300, then it would be a 40/1300 = 3.077% loss rebate, which is better than the hold of the game.

It seems like a really unusual promotion in the sense that you have to continue to lose to realize the full value. To wit, the effective rebate levels are:

100/1600 = .0625

200/2100 = .09524

300/2600 = .1154

400/3100 = .1290

500/3600 = .1389

600/4100 = .1463

700/4600 = .1522

....and so on.

The problem is, when winning, and the further you get from your lowest point, in fact, the rebate diminishes in value. Imagine being down $8,000 and having collected $1600 in total rebates you run those through and have a $5,000 hit on slots (if you're a slots player). At this point, you're down $3,000, overall, but now you need to lose $5,100 more actual dollars just to get another $20 in rebates:

20/5100 = .003922

Obviously, nobody should play for that kind of a rebate, off the top, unless they are at less of a disadvantage than that on the base game, or at an advantage overall. However, if the person loses $45,100 more actual dollars and gets $8020 in rebates, the effective loss rebate is:

8020/45100 = .1778

Which is a good loss rebate.

The Optimal stopping point is probably largely bankroll dependent and continues to change (and diminish) every time someone gets ahead of his/her lowest point.

+$800 may have been a bit low at the $25 betting level, but from a practical standpoint, it probably makes sense to stop there.

Thanx wiz. I hit it up today armed with 4 different cards. Lost $20 each on two cards, got the rebate free play, which netted me $15 for a loss of $25 on those two accounts. On the other two accounts I cashed out $160 ad $245 for total profit of $340 on all 4 accounts. I know I played it far from optimal, but It's a good little score (for free). Of course I did spend $2.69 on a foot long hotdog. Last time I was there they were $1.99.

Quote: AxelWolf

FYI there's lots of heat if you're an AP and play smart or if you earn to much free play. They polity ask you to leave.

At least they have White Castle.....oh wait that's another downside! :)

Thanks for the info!

I self-quoted an earlier post because I made significant Edits and a couple things were wrong. I was trying to hurry up because the computer was doing an auto restart in seven minutes.

Quote: Mission146

I would think it was the right decision, but then, you can always return at some point and play again if not. It seems that you would have to lose the $800 you were up plus another $300 and another $100 in order to collect a $20 rebate making that portion of the rebate 1.667% loss rebate, which is less than the hold of the game.

If you were to go and lose another $1300, then it would be a 40/1300 = 3.077% loss rebate, which is better than the hold of the game.

It seems like a really unusual promotion in the sense that you have to continue to lose to realize the full value. To wit, the effective rebate levels are:

100/1600 = .0625

200/2100 = .09524

300/2600 = .1154

400/3100 = .1290

500/3600 = .1389

600/4100 = .1463

700/4600 = .1522

....and so on.

The problem is, when winning, and the further you get from your lowest point, in fact, the rebate diminishes in value. Imagine being down $8,000 and having collected $1600 in total rebates you run those through and have a $5,000 hit on slots (if you're a slots player). At this point, you're down $3,000, overall, but now you need to lose $5,100 more actual dollars just to get another $20 in rebates:

20/5100 = .003922

Obviously, nobody should play for that kind of a rebate, off the top, unless they are at less of a disadvantage than that on the base game, or at an advantage overall. However, if the person loses $45,100 more actual dollars and gets $8020 in rebates, the effective loss rebate is:

8020/45100 = .1778

Which is a good loss rebate.

The Optimal stopping point is probably largely bankroll dependent and continues to change (and diminish) every time someone gets ahead of his/her lowest point.

+$800 may have been a bit low at the $25 betting level, but from a practical standpoint, it probably makes sense to stop there.

Quote: RS

At least they have White Castle.....oh wait that's another downside! :)

I wanna know if the line has died down. Seems like a Vegas thing to go to a new thing for a few weeks and then everyone stops going.

Quote: RS

At least they have White Castle.....oh wait that's another downside! :)

Well that's the biggest reason you need to avoid heat there, imagine losing the only WC joint in town.

Quote: djatc

I wanna know if the line has died down. Seems like a Vegas thing to go to a new thing for a few weeks and then everyone stops going.

there were only two drunken stupids sitting eating, no line, when I was there, but it wasn't a prime time. I didn't even think about it, then, "oh snap, if I want to spend all day feeling awful my solution's 20 yards away."

Quote: djatc

I wanna know if the line has died down. Seems like a Vegas thing to go to a new thing for a few weeks and then everyone stops going.

I visited about midnight on a Sunday night a couple weeks ago. There was a short line; I think the fascination with the new hotness has died down.

When I was making prop bets the day before the Super Bowl, the line stretched down the sidewalk until near the point of those moving walkways up to shopping level of the Venetian. When I was there last week there were about ten people in line, well inside the store.

I've yet to try them but my expectations are super high.

There is a reason they call the sandwiches "sliders" You don't buy White Castle, you more or less rent it for about half an hour

Quote: djatc

I wanna know if the line has died down. Seems like a Vegas thing to go to a new thing for a few weeks and then everyone stops going.

The lines are definitely down and are usually no longer than 10 minutes. The White Castle is doing very well and exceeding projections by a good margin.

Quote: Wizard

I finally went in and did this promotion yesterday. To recap, the player gets an instant 20% rebate on his net slot loss. I believe they go by your net loss as of when the promotion started. For example, let's say you lose $1000 on Monday and get $200. Then on Tuesday you win $5000. Then on Wednesday you lose $1000. You would not get anything for Wednesday, because you're still up $3,000.

I should also add that you get back 100% of the first $20 lost.

I played $5 7-5 Bonus Poker. I know it is an awful pay table, and may not be the best one in there, but I forgot to bring my cheat sheet and am at least familiar with Bonus Poker strategy. All the pay tables looked awful. I was down about $300 when I started to run good. Then I hit four sixes for $625, putting me up about $800. At that point I decided to quit. I'm not saying it was the right decision, but I had dinner to get to soon and didn't feel like giving the money back. With the awful pay tables there, I tend to think that quitting at this point is the right move, but welcome other opinions.

Also, when I hit the four of a kind I was owed $40 that I hadn't collected from previously being in the hole. I was worried they would take the money back, as I was not longer in the hole, but they didn't. Once you earn the rebate it can't be taken away, except perhaps by reason of expiration. So I collected it, played it off, and left.

I think this is a strong promotion and I recommend you guys do it if in Vegas.

7/5 Bonus (98.01%) is their best game. Bartops have a 9/6/5 DB multi-way progressive for quarters that can be higher than 98% though. For the purposes of the loss rebate though, it might also be better to play 9/5 DDB (97.87%) or 6/5 Super Aces (97.78%) for the extra variance based upon the sims I ran. G/f and I both played 9/5 DDB for quarters and lost $20 each. We got about $15 each back playing nickels. After the first $20, this wasn't a positive play from my sim data at quarters at least. Definitely worth trying to lose the first $20 though.

"Casino Royale: 100-times odds on Craps is back, plus slot and video poker players can get a daily rebate on their first $20 in losses. It’s a great “once-a-day” promotion, however, the $20-for-$20 rebate can only be exercised once. From there, a player needs to lose $100 to get a $20 rebate. The $20-for-$100 rebate can be repeated daily."

From Vegas Values.
http://www.americancasinoguide.com/vegas-values/vegas-values-report-for-march-29-2015.html

Happily this promotion continues and I will participating again soon!
T - 23

Quote: Blonde4ever

"Casino Royale: 100-times odds on Craps is back, plus slot and video poker players can get a daily rebate on their first $20 in losses. It’s a great “once-a-day” promotion, however, the $20-for-$20 rebate can only be exercised once. From there, a player needs to lose $100 to get a $20 rebate. The $20-for-$100 rebate can be repeated daily."

From Vegas Values.
http://www.americancasinoguide.com/vegas-values/vegas-values-report-for-march-29-2015.html

Happily this promotion continues and I will participating again soon!
T - 23

Do you get kickbacks or something from touting that site or whatever?

Quote: AxelWolf

Do you get kickbacks or something from touting that site or whatever?

free white castle + line pass

No...I am "attempting" to take part in this forum,
because I was told by an Admin that I was welcome.

Which is hard to believe, considering the reaction every time I speak.

So you can only do this once per day now?

Quote: AxelWolf

Do you get kickbacks or something from touting that site or whatever?

don't understand this remark?

u think OP registered today, only has 1 post, and trying to sell iPads?

Quote: 100xOdds

don't understand this remark?

u think OP registered today, only has 1 post, and trying to sell iPads?

I admit It's a good promotion since it's good on VP as well, kudos to B4E.

Obviously she didn't sign up recently. I was just curious because it reads more like an advertisement and links to ACG. Perhaps shes used to writing in what I perceived as a advertising type manner. It just seemed odd to me, so I asked, no harm in asking.

I think it was a legitimate question since she does have a forum with advertisements and a few links linking to her site with some good TR's.

Theres NO reason to take offense at a simple question with a simple yes, no or noyb answer and move on. Had she said, yes I do or it helps bring traffic to my site, to sell Ipads or whatever. I wouldn't have cared, I'd actually be interested in knowing exactly how that works and if its lucrative. Agian..I find that stuff very interesting, that's why I asked.

So if someone thinks I was trying to suggest it was spam, thats not the case.

Quote: randomperson

So you can only do this once per day now?

I though you could only do the $20 for $20 once period? does someone have that answer?

I assume you can do the 20% $20 multiple times unless the changed it. That's very possible.