Perpetual COMP machine

Mission, I actually have some pics of some models that I either took or where I donated the suite for the pics, friends of my wife or friends of friends, but I probably would not post those because then people could trace those back to me or to my wife. Just enjoy the gratuitous irrelevancy of this particular pic, which was posted because heatmap mentioned "models." If the model wants to be credited she will be.

The way it works with my movements is that we stay wherever we can for as long as we can until the comps run out, then go wherever offers us a better deal as far as promo chips, concessions, etc. and also simply based on where we want to stay next. Occasionally my wife interjects with a "let's just go home" but obviously, at least so far, I have been able to stave that off.

Quote: MDawg

Can you see why when I get to Vegas I never want to leave?

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  I created this thread about how comps work - in fact casinos give only 10% of an actual loss, but 35-40% of a theoretical loss, for comps.  If I were losing, I'd have to be dumping somewhere in the neighborhood of $2.5M to have had them comp these six months in Vegas - obviously I'm not losing like that. The only realistic way to sustain a long term casino stay is via extended play without losing at all or without losing much.

Actually I am winning, but in any case, almost all of our comps are based on theoretical loss.  Realistically, there is pretty much no way anyone could stay in Vegas an extended period unless he kept playing and avoided blow outs.  Blow outs lead to minimal comps.  Extended play leads to real comps. Which is why I view this as a perpetual comp machine 😆 since it requires no cash input, just cash availability, to keep going.

I don't know I this chick is someone he knows/knew or not, I just assumed it was some picture he boosted from the net, thus my prostitute JOKE(just in case someone took that seriously). If it is someone Mdawg knows in real life then I apologize for even joking, since I would probably not take kindly to someone joking about a friend of mine like that.

Her left boob might be a Rolex....not sure about her right one though

Quote: Johnzimbo

Her left boob might be a Rolex....not sure about her right one though

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She is a public figure with more than 800k followers, probably followed by mdawg as well. Not sure any he posted this. Her name is Haily and she is an Instagram model. She also posts pictures taken at the Wynn. Kind of weird that mdawg would post it with no explanation. Guess it speaks for itself and along the lines of everything else that is posted

The hours of play are in fact needed to keep the comps rolling but the higher the average bet, the less hours needed to achieve the same theo loss, obviously.

Theo loss at table games is handed out pretty well at games like Blackjack, Baccarat, Craps, Roulette. Much less so at something like Pai Gow where it's hard to win or lose much and there are a lot of pushes. Slots obviously carry a higher theo loss than table games. Ask a casino owner what kind of big action players he would prefer - slots all the way.

Quote: MDawg

The hours of play are in fact needed to keep the comps rolling but the higher the average bet, the less hours needed to achieve the same theo loss, obviously.

I have to question this because of something that happened several years ago when I was a regular player at Caesars Palace.

A frequent visitor came in for a weekend. His usual weekend visits included $25k for playing craps. Usually the $25k gave him a three day weekend of action and he'd be FULLY comped.

But on this particular weekend he lost his usual $25k in just two hours. He did not play after that.

Caesars required 4 hours of play each day for full comps.

On Sunday, when he called his host to clear his bill for the weekend the Host refused to comp because of a lack of play. It didnt matter that he lost $25k in two hours.

The player was appealing. I dont know what happened.

Quote: Expectedvalue

Quote: Johnzimbo

Her left boob might be a Rolex....not sure about her right one though

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She is a public figure with more than 800k followers, probably followed by mdawg as well. Not sure any he posted this. Her name is Haily and she is an Instagram model. She also posts pictures taken at the Wynn. Kind of weird that mdawg would post it with no explanation. Guess it speaks for itself and along the lines of everything else that is posted

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Stalker. 🙂

Quote: AlanMendelson

I have to question this because of something that happened several years ago when I was a regular player at Caesars Palace.

A frequent visitor came in for a weekend. His usual weekend visits included $25k for playing craps. Usually the $25k gave him a three day weekend of action and he'd be FULLY comped.

But on this particular weekend he lost his usual $25k in just two hours. He did not play after that.

Caesars required 4 hours of play each day for full comps.

On Sunday, when he called his host to clear his bill for the weekend the Host refused to comp because of a lack of play. It didnt matter that he lost $25k in two hours.

The player was appealing. I dont know what happened.

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Puzzling because a $25K blowout would earn $2500. in comps, which I'd think would cover a few nights RFB. Even if he was staying in a suite that ate up say the entire 2500 and he had additional food and beverage, most hosts would cover it anyway, at least for that one trip - even if the end result was overcomping for that particular trip, in the interests of not annoying a regular player who just lost a lot of money.

But still, I assume that if the guy put in four hours a day playing at a high average, that this would earn him more comps via the 40% of theo loss than the 10% of the blowout, which makes my point of that over time, really the only way to sustain long periods of fully comp'ed stays is via ACTION not loss. It's a little hard for people on the outskirts to understand how Vegas comps really work, but they are engineered to reward continued action more than blowout losses.

Quote: MDawg

Quote: AlanMendelson

I have to question this because of something that happened several years ago when I was a regular player at Caesars Palace.

A frequent visitor came in for a weekend. His usual weekend visits included $25k for playing craps. Usually the $25k gave him a three day weekend of action and he'd be FULLY comped.

But on this particular weekend he lost his usual $25k in just two hours. He did not play after that.

Caesars required 4 hours of play each day for full comps.

On Sunday, when he called his host to clear his bill for the weekend the Host refused to comp because of a lack of play. It didnt matter that he lost $25k in two hours.

The player was appealing. I dont know what happened.

link to original post

Puzzling because a $25K blowout would earn $2500. in comps, which I'd think would cover a few nights RFB. Even if he was staying in a suite that ate up say the entire 2500 and he had additional food and beverage, most hosts would cover it anyway, at least for that one trip - even if the end result was overcomping for that particular trip, in the interests of not annoying a regular player who just lost a lot of money.

But still, I assume that if the guy put in four hours a day playing at a high average, that this would earn him more comps via the 40% of theo loss than the 10% of the blowout, which makes my point of that over time, really the only way to sustain long periods of fully comp'ed stays is via ACTION not loss. It's a little hard for people on the outskirts to understand how Vegas comps really work, but they are engineered to reward continued action more than blowout losses.

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So you are claiming the high-end locations on the strip will give you $2,500 in comps after losing 25k on a few hands of baccarat on the regular? Even though the casino take is only $275. Interesting indeed.

Quote: AxelWolf

Quote: MDawg

Quote: AlanMendelson

I have to question this because of something that happened several years ago when I was a regular player at Caesars Palace.

A frequent visitor came in for a weekend. His usual weekend visits included $25k for playing craps. Usually the $25k gave him a three day weekend of action and he'd be FULLY comped.

But on this particular weekend he lost his usual $25k in just two hours. He did not play after that.

Caesars required 4 hours of play each day for full comps.

On Sunday, when he called his host to clear his bill for the weekend the Host refused to comp because of a lack of play. It didnt matter that he lost $25k in two hours.

The player was appealing. I dont know what happened.

link to original post

Puzzling because a $25K blowout would earn $2500. in comps, which I'd think would cover a few nights RFB. Even if he was staying in a suite that ate up say the entire 2500 and he had additional food and beverage, most hosts would cover it anyway, at least for that one trip - even if the end result was overcomping for that particular trip, in the interests of not annoying a regular player who just lost a lot of money.

But still, I assume that if the guy put in four hours a day playing at a high average, that this would earn him more comps via the 40% of theo loss than the 10% of the blowout, which makes my point of that over time, really the only way to sustain long periods of fully comp'ed stays is via ACTION not loss. It's a little hard for people on the outskirts to understand how Vegas comps really work, but they are engineered to reward continued action more than blowout losses.

link to original post

So you are claiming the high-end locations on the strip will give you $2,500 in comps after losing 25k on a few hands of baccarat on the regular? Even though the casino take is only $275. Interesting indeed.

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im not necessarily on anyones side here but... how much are comps in general ACTUALLY worth compared to what the price is? You can give someone lets say a 100 dollar meal comp but they only paid like 5 dollars total for the meal ingredients and the fraction of the 100 dollars that might go to paying the chef that tiny sliver of time to cook the meal - or something like that