Another way to calculate comps?

I understand this.... ADT = HA X Hours Played X Decisions per Hour X Average Bet ....However,

Comps aren't only a calculation, it is also the desecration of the host. This makes it easy for me as it has always been close. Agree?
800 avg bet for 1 hour at 70 rolls at craps=56,000...56,000x10 hours=560,000. At a casino like the Wynn I would take 1% of that number = 5,600 and that would be your comp amt.. Give or take.

Yes? Maybe? No?

Quote: mds

I understand this.... ADT = HA X Hours Played X Decisions per Hour X Average Bet ....However,

Comps aren't only a calculation, it is also the desecration of the host. This makes it easy for me as it has always been close. Agree?
800 avg bet for 1 hour at 70 rolls at craps=56,000...56,000x10 hours=560,000. At a casino like the Wynn I would take 1% of that number = 5,600 and that would be your comp amt.. Give or take.

Well if your betting habits among the wagers are consistent, then you can do something like this at a given casino for an estimate, but if you are a straight line pass bettor, then it sounds like wynn is overcomping you.

Quote: mds

I understand this.... ADT = HA X Hours Played X Decisions per Hour X Average Bet ....However,

Comps aren't only a calculation, it is also the desecration of the host. This makes it easy for me as it has always been close. Agree?
800 avg bet for 1 hour at 70 rolls at craps=56,000...56,000x10 hours=560,000. At a casino like the Wynn I would take 1% of that number = 5,600 and that would be your comp amt.. Give or take.

Your formula says HA x hours x decisions per hour x average bet. However, the example you give is hours (10) x decisions per hour (70) x average bet (800); you left out the HA, which, for pass line, is 0.0141 (this assumes it's all bet on the pass line; you probably don't get comps on odds bets), so it's 560,000 x 0.0141 = 7896. 1% of that is about $80.

Quote: mds

I understand this.... ADT = HA X Hours Played X Decisions per Hour X Average Bet ....However,

Comps aren't only a calculation, it is also the desecration of the host.
This makes it easy for me as it has always been close. Agree?
800 avg bet for 1 hour at 70 rolls at craps=56,000...56,000x10 hours=560,000. At a casino like the Wynn I would take 1% of that number = 5,600 and that would be your comp amt.. Give or take.

better start over
$800 avg bet for 1 hour at 70 rolls at craps=
$800 avg bet for 1 hour at 21 pass line decisions= $16,800 = handle
(they may just go by a certain number of bets per hour, so you would really need to ask them how they do their figuring)

and no way in heaven or hell will any Wynn Craps dealers deal a game at 236 rolls per hour. (70 decisions on average)
ain't going to happen
they make too much money to work that fast.

now times $16,800 by the 1.41% to get the expected loss = $238 per hour
your comps are a small percentage of that

unless you get your Host to do more for you than your Box at the table
You would get more comps, if that is what you want, by making all the place bets.
you could get lucky

Good Luck

Quote: mds

I understand this.... ADT = HA X Hours Played X Decisions per Hour X Average Bet ....However,

Comps aren't only a calculation, it is also the desecration of the host. This makes it easy for me as it has always been close. Agree?
800 avg bet for 1 hour at 70 rolls at craps=56,000...56,000x10 hours=560,000. At a casino like the Wynn I would take 1% of that number = 5,600 and that would be your comp amt.. Give or take.

First of all, I want to point out that yes, excessive comping can desecrate a host... and even get him fired. But let's move on.

Comp levels also vary with the casino. An $800 average bet at Wynn might not get you much but if you bet that much at NYNY they'd probably give you everything you'd want.

Before Total Rewards took over at Caesars, they wanted to see a $200 average bet at craps for four hours for RFB. Granted that was years ago but you get the idea that at different casinos, different amounts of betting and play earn you different benefits.

I have never stayed or played craps at Wynn so I have no idea what that kind of action would get you.

This is what I have found....200 avg bet at Wynn will get you a room comp but an 800 avg at the Wynn at craps for 4 hrs will get you RFB in the tower suits.(might take less) 200 avg at Cosmo will get you room comp and 600 will get you RFB. 600 avg at Aria will get you RFB.