DealtRoyal
DealtRoyal
Joined: Aug 21, 2021
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March 10th, 2023 at 6:28:28 PM permalink
Iím thinking about doing a Caesars DiaD run and read they will provide 10,000 TCís if you earn 5,000 TCís giving you the 15k needed for Diamond status.

Can this be combined with a 5x TC multiplier day?

Specifically, if I earn 1,000 TCís during a casino day will they 5x multiply it to 5,000 and then provide the 10,000 TC bonus for the 15,000 TC total or will you only get 5,000 TCís?

Thanks in advance!

- DR
LoquaciousMoFW
LoquaciousMoFW
Joined: Aug 24, 2014
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March 10th, 2023 at 6:46:11 PM permalink
TL:DR: No, you only get 6,000 TC if you earn 1000 TC in one casino day on a "5X TC" promo. 1000 + 1000 daily bonus + 4000 multiplier=6000.
The key language is that the multiplier is only applied to EARNED TC. Bonuses are gifts, not earned TCs. Also note that not all earned TCs are counted for purposes of the multplier/daily bonuses. IIRC Sportsbook TCs might be excluded,
Quote: Caesars Website

Tier Credits earned from Caesars Sportsbook, Caesars Sportsbook & Casino, Caesars Sportsbook by William Hill, a promotion or multiplier do not count towards earning a Tier Credit bonus.

DealtRoyal
DealtRoyal
Joined: Aug 21, 2021
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March 10th, 2023 at 7:40:13 PM permalink
Thanks for the quick answer. So in that example Iíd earn platinum.

To earn diamond, Iíd need to earn 2,500 points + 10,000 5x multiplier + 5,000 bonus for earning 2.5k = 17,500.

If I play a 98.91% VP game ($10/1TC) my expected loss would be ~$273.

Am I correct?

- DR
DRich
DRich
Joined: Jul 6, 2012
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March 11th, 2023 at 4:17:29 AM permalink
Quote: DealtRoyal

Thanks for the quick answer. So in that example Iíd earn platinum.

To earn diamond, Iíd need to earn 2,500 points + 10,000 5x multiplier + 5,000 bonus for earning 2.5k = 17,500.

If I play a 98.91% VP game ($10/1TC) my expected loss would be ~$273.

Am I correct?

- DR
link to original post



Unless it has changed, they used to distinguish between Tier Credits and Reward Credits..Card status was based on Tier Credits and multipliers only applied to Reward Credits. I always did my Diamond in a Day play on 50-play poker with a game around 99% at the 10 cent denom. I was able to get it done in a little over three hours with an expected loss around $500.
At my age, a "Life In Prison" sentence is not much of a deterrent.
SOOPOO
SOOPOO
Joined: Aug 8, 2010
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March 11th, 2023 at 6:52:52 AM permalink
Quote: DRich

Quote: DealtRoyal

Thanks for the quick answer. So in that example Iíd earn platinum.

To earn diamond, Iíd need to earn 2,500 points + 10,000 5x multiplier + 5,000 bonus for earning 2.5k = 17,500.

If I play a 98.91% VP game ($10/1TC) my expected loss would be ~$273.

Am I correct?

- DR
link to original post



Unless it has changed, they used to distinguish between Tier Credits and Reward Credits..Card status was based on Tier Credits and multipliers only applied to Reward Credits. I always did my Diamond in a Day play on 50-play poker with a game around 99% at the 10 cent denom. I was able to get it done in a little over three hours with an expected loss around $500.
link to original post



Maybe Iím wrong, or maybe Iím nitpicking, but donít you mean Ďnegative expected valueí of $500 as opposed to Ďexpected lossí of $500?
Also, are you counting the value of the Rewards Credits in your calculation of the $500 cost?
LoquaciousMoFW
LoquaciousMoFW
Joined: Aug 24, 2014
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March 11th, 2023 at 7:02:22 AM permalink
Quote: DRich

Quote: DealtRoyal

Thanks for the quick answer. So in that example Iíd earn platinum.

To earn diamond, Iíd need to earn 2,500 points + 10,000 5x multiplier + 5,000 bonus for earning 2.5k = 17,500.

If I play a 98.91% VP game ($10/1TC) my expected loss would be ~$273.

Am I correct?

- DR
link to original post



Unless it has changed, they used to distinguish between Tier Credits and Reward Credits..Card status was based on Tier Credits and multipliers only applied to Reward Credits. I always did my Diamond in a Day play on 50-play poker with a game around 99% at the 10 cent denom. I was able to get it done in a little over three hours with an expected loss around $500.
link to original post


Caesars offers special TC multiplier events separate from RC multiplier events. Often the TC multiplier events are restricted to specific markets; often Las Vegas, but sometimes others as well. Think there was a non-Vegas TC multiplier event back in December as well as a Vegas market event. There is a Vegas TC multiplier event in Vegas 4/3 - 4/9:
Quote: Caesars Website

5X TIER CREDIT MULTIPLIER
Valid: 04.03.23 - 04.09.23
Offer 1LK62TC10RAI
Receive a 5X TC Multiplier at any Caesars Rewards resort in Las Vegas. Valid APR. 3 - 9. Swipe your Caesars Rewards card at the kiosk at your chosen resort to redeem. Max earning cap of 25,000 Tier Credits.

One thing I am not clear about is if only gaming at the resort at which you swiped your card gets the multiplier applied.
Last edited by: LoquaciousMoFW on Mar 11, 2023
billryan
billryan
Joined: Nov 2, 2009
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March 11th, 2023 at 7:27:57 AM permalink
Quote: DRich

Quote: DealtRoyal

Thanks for the quick answer. So in that example Iíd earn platinum.

To earn diamond, Iíd need to earn 2,500 points + 10,000 5x multiplier + 5,000 bonus for earning 2.5k = 17,500.

If I play a 98.91% VP game ($10/1TC) my expected loss would be ~$273.

Am I correct?

- DR
link to original post



Unless it has changed, they used to distinguish between Tier Credits and Reward Credits..Card status was based on Tier Credits and multipliers only applied to Reward Credits. I always did my Diamond in a Day play on 50-play poker with a game around 99% at the 10 cent denom. I was able to get it done in a little over three hours with an expected loss around $500.
link to original post




I don't pay much attention these days, but with the cutbacks in the program, is diamond worth a n expected $500 loss?
The difference between fiction and reality is that fiction is supposed to make sense.
LoquaciousMoFW
LoquaciousMoFW
Joined: Aug 24, 2014
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March 11th, 2023 at 7:35:22 AM permalink
Depends on situation, obviously. Diamond gets resort fees waived, so that's a $30+ savings per night, plus free valet/self parking so another $15 or so saved per night. If you get to Diamond Plus level, you get 4 free drinks (up to $25 value each) per day. Notable that the drinks can usually be used at Starbucks in the hotel.
I spent something like 60 days in Vegas last year, so Diamond is worth it to me right now, but that might change as Caesars has dramatically reduced their comped room offers to me.

Plus, at Diamond Plus level MGM resorts will tier match to gold, so you get resort fees waived and free valet parking at MGM properties as well. Regular Diamond tier matches to whatever the level below gold is (Pearl?) where you only get free self-parking and no resort fee waiver.
gamerfreak
gamerfreak
Joined: Dec 28, 2014
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March 11th, 2023 at 7:57:24 AM permalink
I still do founders card at $300/year to get diamond status.

Itís not worth it as much now as you donít get the $100 celebration dinner or diamond lounges.

Oddly enough, they sent out a letter to founders card members this year requesting that you not discuss how you received diamond status with other Caesars patrons.
DRich
DRich
Joined: Jul 6, 2012
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March 11th, 2023 at 8:59:16 AM permalink
Quote: SOOPOO

Quote: DRich

Quote: DealtRoyal

Thanks for the quick answer. So in that example Iíd earn platinum.

To earn diamond, Iíd need to earn 2,500 points + 10,000 5x multiplier + 5,000 bonus for earning 2.5k = 17,500.

If I play a 98.91% VP game ($10/1TC) my expected loss would be ~$273.

Am I correct?

- DR
link to original post



Unless it has changed, they used to distinguish between Tier Credits and Reward Credits..Card status was based on Tier Credits and multipliers only applied to Reward Credits. I always did my Diamond in a Day play on 50-play poker with a game around 99% at the 10 cent denom. I was able to get it done in a little over three hours with an expected loss around $500.
link to original post



Maybe Iím wrong, or maybe Iím nitpicking, but donít you mean Ďnegative expected valueí of $500 as opposed to Ďexpected lossí of $500?
Also, are you counting the value of the Rewards Credits in your calculation of the $500 cost?
link to original post



Tomato tomato.

No, I am not counting the value of the reward points although I do believe some Caesar's properties do allow you to cash them out.
At my age, a "Life In Prison" sentence is not much of a deterrent.

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