FiliusBruce
FiliusBruce
Joined: Dec 29, 2019
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August 30th, 2022 at 5:19:29 AM permalink
Silver Sevens has a 7% loss rebate promotion. The rules appear to be if you lose $777 or more at table games during August, you get 7% of your loss back as promotional chips. (I assume they are the chips you can't cash out, but can play them until you lose them.)

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?
AlanMendelson
AlanMendelson
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August 30th, 2022 at 5:53:14 AM permalink
Did you check the dates?
FiliusBruce
FiliusBruce
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August 30th, 2022 at 6:16:50 AM permalink
Quote: AlanMendelson

Did you check the dates?
link to original post


It's August 1Ė31.
DRich
DRich
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August 30th, 2022 at 8:39:21 AM permalink
Quote: FiliusBruce

Quote: AlanMendelson

Did you check the dates?
link to original post


It's August 1Ė31.
link to original post



Expires tomorrow
At my age, a "Life In Prison" sentence is not much of a deterrent.
speedycrap
speedycrap
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Thanks for this post from:
RogerKint
August 30th, 2022 at 8:40:11 AM permalink
Quote: FiliusBruce

Quote: AlanMendelson

Did you check the dates?
link to original post


It's August 1Ė31.
link to original post

I strongly suggest you to post it on 1 Sept., 2022. I mean 2 days later. THANKS A LOT.
MDawg
MDawg
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August 30th, 2022 at 9:47:14 AM permalink
As 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, 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 tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
AlanMendelson
AlanMendelson
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August 30th, 2022 at 10:20:26 AM permalink
Years ago, Harrah's Rincon Casino in San Diego offered table game players a 10% cash rebate on monthly losses once a loss of $5,000 was reached.

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.)
MDawg
MDawg
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August 30th, 2022 at 10:37:28 AM permalink
Yes, 10-15% is more like what you want, in cash.
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
OnceDear
OnceDear
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August 30th, 2022 at 1:30:54 PM permalink
Quote: MDawg

Yes, 10-15% is more like what you want, in cash.
link to original post


One gets 10% loss rebate as cash, with a certain establishment with no limits.
Beware. The earth is NOT flat. Hit and run is not a winning strategy: Pressing into trends IS not a winning strategy: Progressives are not a winning strategy: Don't Buy It! .Don't even take it for free.
FiliusBruce
FiliusBruce
Joined: Dec 29, 2019
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September 1st, 2022 at 5:53:00 AM permalink
Quote: MDawg

As 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, [...]
link to original post


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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