Calculating Harrah's Comp Points....
I played 7 shoes of BJ in High Limit, $100 min bet, 6 deck shoes.
I played by myself for the first 6 shoes, and had someone join for the 7th.
I would guess I made 50% of the bets at $100, 35% at $200, and the remaining 15% from $300 to $600.
I now have 501 tier credits.
That just seems low to me.
Quote: Maverick17I had 0 points heading into Friday night at the Horseshoe Casino in Cleveland, Ohio.
I played 7 shoes of BJ in High Limit, $100 min bet, 6 deck shoes.
I played by myself for the first 6 shoes, and had someone join for the 7th.
I would guess I made 50% of the bets at $100, 35% at $200, and the remaining 15% from $300 to $600.
I now have 501 tier credits.
That just seems low to me.
The PB was probably pissed you spread 6/1.
Quote: rdw4potus$200/hand * 36 hand/shoe * 7 shoes =$50,400 in handle. $50,400 * 0.5% house edge = theoretical loss of $252. 501 tier credits =~$5. $5/$252=2% return on theoretical loss. Yep, that's low. But, some of the value will be hidden in upcoming offers for matchplay and free/reduced rooms.
That's also taking a .5% HE. Almost every casino goes 1-2% based on the fact that most people don't even fully know basic strategy. The only way they'd lower that to .5 is if they did a skills check and found you to be a basic strategy player.
One thing I will note about that particular shop Mav... While I'm not sure about their high limit rooms, they do tend to horribly rate their players (from my experience). I'd swear their "average bet" is just your min bet.
Quote: BozThe PB was probably pissed you spread 6/1.
lol or this.
Quote: rdw4potus$200/hand * 36 hand/shoe * 7 shoes =$50,400 in handle. $50,400 * 0.5% house edge = theoretical loss of $252. 501 tier credits =~$5. $5/$252=2% return on theoretical loss. Yep, that's low. But, some of the value will be hidden in upcoming offers for matchplay and free/reduced rooms.
Tier Credits don't have an easily-computed cash value though, do they? I think you're thinking of RCs, not TCs.
Quote: AcesAndEightsTier Credits don't have an easily-computed cash value though, do they? I think you're thinking of RCs, not TCs.
They are worth a penny a tier credit in terms of getting food at the casino before the "bonus" tier credits.
The bonus Tier credits are not credited to your Rewards credits, and I do not believe I earned any bonus credits, unless they have not posted to my TC account yet.
Even if they had me rated at $100 a hand the whole time and each time I won a larger bet the PB was just updating his facebook status on the computer attached to my table rather than my bet, by that math my TL is $126, and a 4% return on Theoretical loss.
I do agree that the pit bosses here are cheap, or instructed to be cheap. There is one young kid who my friend has gotten to know over the past year or two and he (the pb) implies that he (the pb) "helps him (my buddy) out" when it comes to recording play, but who knows.
Quote: AcesAndEightsTier Credits don't have an easily-computed cash value though, do they? I think you're thinking of RCs, not TCs.
Other than during promos, they're usually accrued at a 1:1 ratio (1tc=1rc). Definitely, the RC total is not less than the TC total.
Quote: rdw4potusOther than during promos, they're usually accrued at a 1:1 ratio (1tc=1rc). Definitely, the RC total is not less than the TC total.
Ah, that's the piece of information I didn't technically know...I've never paid too much attention to my tier credits as I've only leveled up to Platinum once anyway :p
Quote: Maverick17They are worth a penny a tier credit in terms of getting food at the casino before the "bonus" tier credits.
The bonus Tier credits are not credited to your Rewards credits, and I do not believe I earned any bonus credits, unless they have not posted to my TC account yet.
Even if they had me rated at $100 a hand the whole time and each time I won a larger bet the PB was just updating his facebook status on the computer attached to my table rather than my bet, by that math my TL is $126, and a 4% return on Theoretical loss.
I do agree that the pit bosses here are cheap, or instructed to be cheap. There is one young kid who my friend has gotten to know over the past year or two and he (the pb) implies that he (the pb) "helps him (my buddy) out" when it comes to recording play, but who knows.
It sucks but I'm not surprised. I don't remember the thread(s), but I think several people have estimated the percentage of Theo that comes back to you as RCs/TCs and it's in the 5% range. It's pitiful, but that's the current state of things.
