7% Loss Rebate at Silver Sevens
Here's the URL:
https://www.silversevenscasino.com/event/table-games-rebate-3/
Has anyone done the math on this? Any thoughts on what may be the best game to play?
Quote: AlanMendelsonDid you check the dates?
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It's August 1–31.
Quote: FiliusBruceQuote: AlanMendelsonDid you check the dates?
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It's August 1–31.
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Expires tomorrow
I strongly suggest you to post it on 1 Sept., 2022. I mean 2 days later. THANKS A LOT.Quote: FiliusBruceQuote: AlanMendelsonDid you check the dates?
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It's August 1–31.
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The 7% figure is good but 7% via return of promo chips (assuming these are true play until you lose promo chips, not just free bet "one bet only" chips), translates to a 50% or better expectancy, so it's really just a 3.5% or slightly better rebate offer, which actually isn't so bad because many casinos offer less than that to the general public. As well, a loss rebate offer on such a low loss isn't bad at all either. There is currently no other casino in town that will give a guaranteed loss rebate on a mere thousand dollar or so loss.
I dont know if it's still offered. I mention it only to put the Silver Sevens promotion WHICH EXPIRES TOMORROW in perspective.
(Oops I originally wrote 25,000 but it was 5,000.)
Quote: MDawgYes, 10-15% is more like what you want, in cash.
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One gets 10% loss rebate as cash, with a certain establishment with no limits.
Quote: MDawgAs loss rebates go:
The 7% figure is good but 7% via return of promo chips (assuming these are true play until you lose promo chips, not just free bet "one bet only" chips), translates to a 50% or better expectancy, so it's really just a 3.5% or slightly better rebate offer, [...]
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I'm not sure where your 50% figure comes from. For chips that you play until you lose, James Grosjean provides a 99%+ value if you play them on blackjack (he calls them "non-cashable chips": https://www.lasvegasadvisor.com/gambling-with-an-edge/wp-content/uploads/2022/02/beyondcouponsbjfo.pdf )
It's "funny chips" that are one bet only, and even with those, you can bet them on 3 or 11 in craps and get 83.33% of their face value.
Quote: DRichQuote: FiliusBruceQuote: AlanMendelsonDid you check the dates?
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It's August 1–31.
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Expires tomorrow
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It's now been renewed for September:
https://www.silversevenscasino.com/event/table-games-rebate/
To benefit, you should aspire to put as little coin in as possible, so as to only subject some of your BR to the house edge a minimal number of times. E.g within one loss rebate period, maybe play one roulette outside bet. Win half your sessions, get loss rebate on the other half. Or, if you can eat the variance, play one or a few inner numbers, once per rebate period.
Quote: FiliusBruceQuote: MDawgAs loss rebates go:
The 7% figure is good but 7% via return of promo chips (assuming these are true play until you lose promo chips, not just free bet "one bet only" chips), translates to a 50% or better expectancy, so it's really just a 3.5% or slightly better rebate offer, [...]
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I'm not sure where your 50% figure comes from. For chips that you play until you lose, James Grosjean provides a 99%+ value if you play them on blackjack (he calls them "non-cashable chips": https://www.lasvegasadvisor.com/gambling-with-an-edge/wp-content/uploads/2022/02/beyondcouponsbjfo.pdf )
It's "funny chips" that are one bet only, and even with those, you can bet them on 3 or 11 in craps and get 83.33% of their face value.
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Someone I know has asked the pit boss there, and it looks like the promotional chips they give is funny chips. So we should assume the 83.33% value.
Quote: FiliusBruceQuote: FiliusBruceQuote: MDawgAs loss rebates go:
The 7% figure is good but 7% via return of promo chips (assuming these are true play until you lose promo chips, not just free bet "one bet only" chips), translates to a 50% or better expectancy, so it's really just a 3.5% or slightly better rebate offer, [...]
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I'm not sure where your 50% figure comes from. For chips that you play until you lose, James Grosjean provides a 99%+ value if you play them on blackjack (he calls them "non-cashable chips": https://www.lasvegasadvisor.com/gambling-with-an-edge/wp-content/uploads/2022/02/beyondcouponsbjfo.pdf )
It's "funny chips" that are one bet only, and even with those, you can bet them on 3 or 11 in craps and get 83.33% of their face value.
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Someone I know has asked the pit boss there, and it looks like the promotional chips they give is funny chips. So we should assume the 83.33% value.
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Sometimes funny chips only work on even money wagers.
Otherwise, skip the 3/11 and just go cover a single zero roulette wheel with them.
Quote: unJon
Sometimes funny chips only work on even money wagers.
Otherwise, skip the 3/11 and just go cover a single zero roulette wheel with them.
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They don't have roulette, as far as I know.
And the rebate chips are funny chips that are even money bets only. So best value is probably 49.29% of face value, playing on pass.
Overall, there is some positive EV in this, but not much.
https://wizardofvegas.com/article/the-loss-rebate-at-silver-sevens-las-vegas-craps/
The promotion can be worth up to $29.62 in expected value if you use it in combination with a Las Vegas Advisor blackjack coupon. Otherwise, it's worth $12.79 if you limit yourself to craps. I may write another article later and analyze the promotion considering what you can achieve by playing the promotion on blackjack, but that's going to take some time.
Quote: FiliusBruceI just posted my first foray into craps as on article on Wizard of Vegas. It's an analysis of this loss rebate that has been ongoing at the Silver Sevens casino in Las Vegas for months now. Here's the article:
https://wizardofvegas.com/article/the-loss-rebate-at-silver-sevens-las-vegas-craps/
The promotion can be worth up to $29.62 in expected value if you use it in combination with a Las Vegas Advisor blackjack coupon. Otherwise, it's worth $12.79 if you limit yourself to craps. I may write another article later and analyze the promotion considering what you can achieve by playing the promotion on blackjack, but that's going to take some time.
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Okay, we have duplicate posts on duplicate threads (on the same topic) -namely this post on this thread duplicated post on duplicated thread
Making either duplicate posts or duplicate threads is forbidden by our forum rules, specifically Rule 5. Three day suspension, for making duplicate posts and threads.
Quote: gordonm888Quote: FiliusBruceI just posted my first foray into craps as on article on Wizard of Vegas. It's an analysis of this loss rebate that has been ongoing at the Silver Sevens casino in Las Vegas for months now. Here's the article:
https://wizardofvegas.com/article/the-loss-rebate-at-silver-sevens-las-vegas-craps/
The promotion can be worth up to $29.62 in expected value if you use it in combination with a Las Vegas Advisor blackjack coupon. Otherwise, it's worth $12.79 if you limit yourself to craps. I may write another article later and analyze the promotion considering what you can achieve by playing the promotion on blackjack, but that's going to take some time.
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Okay, we have duplicate posts on duplicate threads (on the same topic) -namely this post on this thread duplicated post on duplicated thread
Making either duplicate posts or duplicate threads is forbidden by our forum rules. 3 day suspension, for making duoplicate posts and threads.
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I think a warning would have sufficed. He’s not a spammer
Heck, I'm not a fan of FiliusBruce's dissemination of information, even though it's only on smaller meaningless promotions that are inconsequential for the most part, but this is one of the weakest suspensions ever.Quote: gordonm888Quote: FiliusBruceI just posted my first foray into craps as on article on Wizard of Vegas. It's an analysis of this loss rebate that has been ongoing at the Silver Sevens casino in Las Vegas for months now. Here's the article:
https://wizardofvegas.com/article/the-loss-rebate-at-silver-sevens-las-vegas-craps/
The promotion can be worth up to $29.62 in expected value if you use it in combination with a Las Vegas Advisor blackjack coupon. Otherwise, it's worth $12.79 if you limit yourself to craps. I may write another article later and analyze the promotion considering what you can achieve by playing the promotion on blackjack, but that's going to take some time.
link to original post
Okay, we have duplicate posts on duplicate threads (on the same topic) -namely this post on this thread duplicated post on duplicated thread
Making either duplicate posts or duplicate threads is forbidden by our forum rules, specifically Rule 5. Three day suspension, for making duplicate posts and threads.
link to original post
Trying to fill your monthly quota? Suspension fix? Job validation? Looking for the #1 spot on the WMOAT list?
Quote: unJonQuote: gordonm888Quote: FiliusBruceI just posted my first foray into craps as on article on Wizard of Vegas. It's an analysis of this loss rebate that has been ongoing at the Silver Sevens casino in Las Vegas for months now. Here's the article:
https://wizardofvegas.com/article/the-loss-rebate-at-silver-sevens-las-vegas-craps/
The promotion can be worth up to $29.62 in expected value if you use it in combination with a Las Vegas Advisor blackjack coupon. Otherwise, it's worth $12.79 if you limit yourself to craps. I may write another article later and analyze the promotion considering what you can achieve by playing the promotion on blackjack, but that's going to take some time.
link to original post
Okay, we have duplicate posts on duplicate threads (on the same topic) -namely this post on this thread duplicated post on duplicated thread
Making either duplicate posts or duplicate threads is forbidden by our forum rules. 3 day suspension, for making duoplicate posts and threads.
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I think a warning would have sufficed. He’s not a spammer
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Of course. Come on. I think it is not hard to see that FB’s intent was not to disrespect the forum or its rules. Rather, he was trying to educate the members. It should be your job to educate him, not punish him.
[actually I doubt that]
Quote: AxelWolfHeck, I'm not a fan of FiliusBruce's dissemination of information, even though it's only on smaller meaningless promotions that are inconsequential for the most part, but this is one of the weakest suspensions ever.Quote: gordonm888Quote: FiliusBruceI just posted my first foray into craps as on article on Wizard of Vegas. It's an analysis of this loss rebate that has been ongoing at the Silver Sevens casino in Las Vegas for months now. Here's the article:
https://wizardofvegas.com/article/the-loss-rebate-at-silver-sevens-las-vegas-craps/
The promotion can be worth up to $29.62 in expected value if you use it in combination with a Las Vegas Advisor blackjack coupon. Otherwise, it's worth $12.79 if you limit yourself to craps. I may write another article later and analyze the promotion considering what you can achieve by playing the promotion on blackjack, but that's going to take some time.
link to original post
Okay, we have duplicate posts on duplicate threads (on the same topic) -namely this post on this thread duplicated post on duplicated thread
Making either duplicate posts or duplicate threads is forbidden by our forum rules, specifically Rule 5. Three day suspension, for making duplicate posts and threads.
link to original post
Trying to fill your monthly quota? Suspension fix? Job validation? Looking for the #1 spot on the WMOAT list?
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Nice try on trying to stir up a controversy. So far, only Soopoo has taken your bait.
Look, its nothing personal against FiliusBruce. But he started two threads with nearly identical names today and posted the same post on both of those threads. It doesn't matter whether we think his post is a B- or a D or an A+. It was a deliberate violation of the rules. And I gave him our softest penalty.
Do you want this forum to have two Wordle threads with identical content? Two "Today's Casino News" threads with identical posts? Two "Chip of the Day" threads with identical posts? Two "Easy Math Problems" threads with identical posts? We moderators are the last thin line preventing such a dystopian future.
. You are missing the point entirely. No one is saying that FB didn’t break a rule. No one is even saying that the rule isn’t a good rule. All we are saying is that for such a minor infraction the first action should just be an explanation to the offender about the rules, and what the penalty would be for a future offense. I don’t want to discourage a valuable poster like FB from participating here. I want to make him feel welcome. By suspending him you are doing the opposite.Quote: gordonm888Quote: AxelWolfHeck, I'm not a fan of FiliusBruce's dissemination of information, even though it's only on smaller meaningless promotions that are inconsequential for the most part, but this is one of the weakest suspensions ever.Quote: gordonm888Quote: FiliusBruceI just posted my first foray into craps as on article on Wizard of Vegas. It's an analysis of this loss rebate that has been ongoing at the Silver Sevens casino in Las Vegas for months now. Here's the article:
https://wizardofvegas.com/article/the-loss-rebate-at-silver-sevens-las-vegas-craps/
The promotion can be worth up to $29.62 in expected value if you use it in combination with a Las Vegas Advisor blackjack coupon. Otherwise, it's worth $12.79 if you limit yourself to craps. I may write another article later and analyze the promotion considering what you can achieve by playing the promotion on blackjack, but that's going to take some time.
link to original post
Okay, we have duplicate posts on duplicate threads (on the same topic) -namely this post on this thread duplicated post on duplicated thread
Making either duplicate posts or duplicate threads is forbidden by our forum rules, specifically Rule 5. Three day suspension, for making duplicate posts and threads.
link to original post
Trying to fill your monthly quota? Suspension fix? Job validation? Looking for the #1 spot on the WMOAT list?
link to original post
Nice try on trying to stir up a controversy. So far, only Soopoo has taken your bait.
Look, its nothing personal against FiliusBruce. But he started two threads with nearly identical names today and posted the same post on both of those threads. It doesn't matter whether we think his post is a B- or a D or an A+. It was a deliberate violation of the rules. And I gave him our softest penalty.
Do you want this forum to have two Wordle threads with identical content? Two "Today's Casino News" threads with identical posts? Two "Chip of the Day" threads with identical posts? Two "Easy Math Problems" threads with identical posts? We moderators are the last thin line preventing such a dystopian future.
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Edit….. I just noticed I committed a ‘suspension worthy’ offense. As did YOU. We have hijacked a thread. I don’t want you to suspend me. Just remind me to stop doing it!
1 out of 4 active posters, that's a 25% hit rate. That's probably excellent in many cases.Quote: gordonm888Quote: AxelWolfHeck, I'm not a fan of FiliusBruce's dissemination of information, even though it's only on smaller meaningless promotions that are inconsequential for the most part, but this is one of the weakest suspensions ever.Quote: gordonm888Quote: FiliusBruceI just posted my first foray into craps as on article on Wizard of Vegas. It's an analysis of this loss rebate that has been ongoing at the Silver Sevens casino in Las Vegas for months now. Here's the article:
https://wizardofvegas.com/article/the-loss-rebate-at-silver-sevens-las-vegas-craps/
The promotion can be worth up to $29.62 in expected value if you use it in combination with a Las Vegas Advisor blackjack coupon. Otherwise, it's worth $12.79 if you limit yourself to craps. I may write another article later and analyze the promotion considering what you can achieve by playing the promotion on blackjack, but that's going to take some time.
link to original post
Okay, we have duplicate posts on duplicate threads (on the same topic) -namely this post on this thread duplicated post on duplicated thread
Making either duplicate posts or duplicate threads is forbidden by our forum rules, specifically Rule 5. Three day suspension, for making duplicate posts and threads.
link to original post
Trying to fill your monthly quota? Suspension fix? Job validation? Looking for the #1 spot on the WMOAT list?
link to original post
So far, only Soopoo has taken your bait.
Quote: SOOPOO. You are missing the point entirely. No one is saying that FB didn’t break a rule. No one is even saying that the rule isn’t a good rule. All we are saying is that for such a minor infraction the first action should just be an explanation to the offender about the rules, and what the penalty would be for a future offense. I don’t want to discourage a valuable poster like FB from participating here. I want to make him feel welcome. By suspending him you are doing the opposite.Quote: gordonm888Quote: AxelWolfHeck, I'm not a fan of FiliusBruce's dissemination of information, even though it's only on smaller meaningless promotions that are inconsequential for the most part, but this is one of the weakest suspensions ever.Quote: gordonm888Quote: FiliusBruceI just posted my first foray into craps as on article on Wizard of Vegas. It's an analysis of this loss rebate that has been ongoing at the Silver Sevens casino in Las Vegas for months now. Here's the article:
https://wizardofvegas.com/article/the-loss-rebate-at-silver-sevens-las-vegas-craps/
The promotion can be worth up to $29.62 in expected value if you use it in combination with a Las Vegas Advisor blackjack coupon. Otherwise, it's worth $12.79 if you limit yourself to craps. I may write another article later and analyze the promotion considering what you can achieve by playing the promotion on blackjack, but that's going to take some time.
link to original post
Okay, we have duplicate posts on duplicate threads (on the same topic) -namely this post on this thread duplicated post on duplicated thread
Making either duplicate posts or duplicate threads is forbidden by our forum rules, specifically Rule 5. Three day suspension, for making duplicate posts and threads.
link to original post
Trying to fill your monthly quota? Suspension fix? Job validation? Looking for the #1 spot on the WMOAT list?
link to original post
Nice try on trying to stir up a controversy. So far, only Soopoo has taken your bait.
Look, its nothing personal against FiliusBruce. But he started two threads with nearly identical names today and posted the same post on both of those threads. It doesn't matter whether we think his post is a B- or a D or an A+. It was a deliberate violation of the rules. And I gave him our softest penalty.
Do you want this forum to have two Wordle threads with identical content? Two "Today's Casino News" threads with identical posts? Two "Chip of the Day" threads with identical posts? Two "Easy Math Problems" threads with identical posts? We moderators are the last thin line preventing such a dystopian future.
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Edit….. I just noticed I committed a ‘suspension worthy’ offense. As did YOU. We have hijacked a thread. I don’t want you to suspend me. Just remind me to stop doing it!
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Okay, reminder: stop hijacking the thread. And, the degree of a hijacking sufficient to qualify for a suspension is subjective, as you well know. Plese take further discussion to the Discussion of the Suspension List thread.
