Juyemura
Juyemura
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September 2nd, 2012 at 8:01:20 PM permalink
I recently had a conversation with a casino employee who stated that there is a "sliding scale" based upon average bet size with regards to how much of a theoretical loss a casino would comp a player.

Basically, here is what I was told:

$15 to $25 per hand - 10% of theoretical loss
$25 to $50 per hand - 15% of theoretical loss
$50 to $100 per hand - 20% of theoretical loss
$100 to $200 per hand - 25% of theoretical loss
$200 or greater per hand - 30% of theoretical loss

My question for the forum is if this sounds to be true or not. Do larger average bet players receive a higher percentage of theoretical loss back? Or would a casino just give a standard 20% or so across the board? Any thoughts?
Lottery:  A tax on people who are bad at math.
teddys
teddys
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September 2nd, 2012 at 10:18:30 PM permalink
Well, there shouldn't be. That's like saying if you have a $200 check you should tip more than 15-20%. A percentage is a percentage. Maybe you could do it like progressive taxation, like comp 10% of the first XX of theo, than 15% of the next chunk, etc.

For example, a casino near me will comp exactly $1 per hour for every $5 of average bet. So betting $25 a hand will net you $5 in comps, and $15 for an hour will get you $3. This is guaranteed; you can see it on the computer. It's perfectly graduated.
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
kewlj
kewlj
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September 2nd, 2012 at 10:49:17 PM permalink
In blackjack the player is rated by skill level and assigned a different rating by that level. I assume this is similar at other games as well. I forget the exact terminology, but something like bad player, basic strategy player, advantage player. All will receive different comp amounts based on the same monetary play and the advantage player may stop receiving any comps altogether. This is often one of the first steps before a backoff. You stop receiving comps and mail offers. Some places don't bother with this step, as it is different at all places.
Ibeatyouraces
Ibeatyouraces
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September 3rd, 2012 at 6:27:23 AM permalink
deleted
DUHHIIIIIIIII HEARD THAT!
Wizard
Administrator
Wizard
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September 3rd, 2012 at 6:48:08 AM permalink
Here in Vegas the standard policy is to comp back 25% to 40% of theoretical loss, depending on the casino. I've never heard of it being done on a sliding scale, but I don't claim to know what every casino is doing. However, everyone can get extra stuff based on mailers and promotions that doesn't cut into the this theoretical percentage.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
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