DealtRoyal
DealtRoyal
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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.
SiegfriedRoy
SiegfriedRoy
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March 11th, 2023 at 9:01:59 AM permalink
Quote: gamerfreak

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.
link to original post



I feel like ďdiamond statusĒ is highly diluted now. If you sit at a table, about half the people pull out Diamond cards. Many also expect the properties to bow down and have a wow-factor for holding diamonds when youíre just a dime a dozen. The most outrageous thing Iíve seen was at the Range Steakhouse in Harrahís Laughlin. The restaurant was fully committed and even 7-stars were waiting in line to be put on a standby waiting list for cancellations. A entitled couple walked in like they owned the place and asked for a table. When the host told her and her husband that the restaurant was fully committed, the wife pulled out and waved a basic Diamond card and ask the host to squeeze them in. I can tell the host was trying to hold back the laughter and pointed at the line of seven stars and told the couple: ďI have 4 seven star parties waiting to be on the standby wait list, would you like to be on it after them?Ē The couple looked really perplexed and mad. They left without saying a word.
SOOPOO
SOOPOO
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March 11th, 2023 at 9:22:58 AM permalink
Quote: DRich

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.
link to original post



Regular reward points are as good as cash on Caesars online Sportsbook. There may be a one time playthrough but that isnít even a consideration for me.
gamerfreak
gamerfreak
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March 11th, 2023 at 9:23:03 AM permalink
Quote: SiegfriedRoy

Quote: gamerfreak

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.
link to original post



I feel like ďdiamond statusĒ is highly diluted now. If you sit at a table, about half the people pull out Diamond cards. Many also expect the properties to bow down and have a wow-factor for holding diamonds when youíre just a dime a dozen. The most outrageous thing Iíve seen was at the Range Steakhouse in Harrahís Laughlin. The restaurant was fully committed and even 7-stars were waiting in line to be put on a standby waiting list for cancellations. A entitled couple walked in like they owned the place and asked for a table. When the host told her and her husband that the restaurant was fully committed, the wife pulled out and waved a basic Diamond card and ask the host to squeeze them in. I can tell the host was trying to hold back the laughter and pointed at the line of seven stars and told the couple: ďI have 4 seven star parties waiting to be on the standby wait list, would you like to be on it after them?Ē The couple looked really perplexed and mad. They left without saying a word.
link to original post


Yep, it used to be way more valuable. The diamond lounge in Harrahís Philly used to have a full buffet spread. I would go just to eat for free, and then leave without playing. I imagine people like me are why they have taken away so much.

Itís still worth it if you stay or park at a Caesars property 10 or more days in a year. Parking at Caesars AC is $30 during weekends and summer.

Founders card also has some additional benefits that have value, like Hilton Honors Gold and Hertz elite status.
mtcards
mtcards
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March 11th, 2023 at 12:23:33 PM permalink
I used to do the Founders card, but since they are making it easy to get diamond with the 5x Tier Point days, I havent bought it in the past two years and am already over 30k points so far this year. They sent out letters to everyone, via email, about not discussing the Diamond Status through founders as early as four years ago when I first did it.

Are you saying that Founders Diamond status no longer gives you the celebration dinner, that its "earned" only?
mtcards
mtcards
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March 11th, 2023 at 12:27:01 PM permalink
I used to use Caesars SB, but they have gone to a 17 cent line instead of a dime line.

Betting into a -117 pointspread line of every bet instead of the -110 I can get a draftkings is like playing 6-5 Jacks or better poker machines. On single bets it may not seem like a lot, but giving away 7% on each bet in the long run makes it a lot harder to turn a profit. I still get the free monthly bets for being a diamond member and use it for that, but other than that, have taken my sports betting to DK
SOOPOO
SOOPOO
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March 11th, 2023 at 3:32:18 PM permalink
Quote: mtcards

I used to use Caesars SB, but they have gone to a 17 cent line instead of a dime line.

Betting into a -117 pointspread line of every bet instead of the -110 I can get a draftkings is like playing 6-5 Jacks or better poker machines. On single bets it may not seem like a lot, but giving away 7% on each bet in the long run makes it a lot harder to turn a profit. I still get the free monthly bets for being a diamond member and use it for that, but other than that, have taken my sports betting to DK
link to original post



I still get -110 on even bets before the games have started. Might be -115 for even bets on live action. I have never seen two -117 lines at Caesars.
I just looked. All the even bets are -110. (If one is -115, the other is -105).
I check my Ď5í. (C, MGM, DK, FD, BR) I think DK is still best, but there are LOTS of times I find a better line elsewhere.
mtcards
mtcards
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March 12th, 2023 at 9:11:05 PM permalink
Maybe they give different lines based on your play. I just checked all the NBA lines and theyre all at -117 for games starting tomorrow. All the CBB games for today were at -117 as well.
mtcards
mtcards
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March 12th, 2023 at 9:27:59 PM permalink


After talking with a rep at Caesars, they told me that Caesars does not actually set the odds. They set the original spreads, but their individual "partners" may adjust them as they see fit. Since my state has a high fee to operate, I am thinking that they are changing the odds depending on the state it is being placed in and that Draft Kings may simply be eating the difference at this point.
calwatch
calwatch
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March 13th, 2023 at 2:39:02 AM permalink
They are giving diamonds out like candy, but 2500 TC to requalify during a tier bonus period is not that bad. Also, you can use your TC to get free rooms in Vegas, that you may not otherwise be entitled to get based on your offers, if you are Diamond.
SOOPOO
SOOPOO
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March 13th, 2023 at 7:19:33 AM permalink
Quote: mtcards

Maybe they give different lines based on your play. I just checked all the NBA lines and theyre all at -117 for games starting tomorrow. All the CBB games for today were at -117 as well.
link to original post



I think this is shocking. Not that they would do it, but that I havenít heard about it yet. All mine are -110 for those same bets! My total play per day at Caesars I think averages less than $100. So itís not like Iím a big better that is getting a special line. I wonder if it varies state by state?

Last night BetMGM finally had a +EV Lions Boost. Knicks to win
By 1-10 was +290. They were around +110 on the money line. I donít know exactly how often an underdog will win by 11 or more, but it canít be enough to go from +110 to +290. $50 max bet unfortunately.
SOOPOO
SOOPOO
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March 13th, 2023 at 7:26:12 AM permalink
Quote: mtcards



After talking with a rep at Caesars, they told me that Caesars does not actually set the odds. They set the original spreads, but their individual "partners" may adjust them as they see fit. Since my state has a high fee to operate, I am thinking that they are changing the odds depending on the state it is being placed in and that Draft Kings may simply be eating the difference at this point.
link to original post



I answered above before reading this post. How on earth were you able to actually get to talk with a Ďrepí from Caesars!
I donít think DraftKings is Ďeating the differenceí, rather, they are capturing market share (you!) by offering a lower cost product, that, at -110, should still be quite profitable for them.

Speaking of DraftKings, I havenít been assigned a Ďmissioní since my return from Florida, which is now 6 weeks. Are you still getting those missions? They were greatÖ. while they lastedÖ.
gamerfreak
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March 13th, 2023 at 7:38:10 AM permalink
Quote: SOOPOO

Quote: mtcards

Maybe they give different lines based on your play. I just checked all the NBA lines and theyre all at -117 for games starting tomorrow. All the CBB games for today were at -117 as well.
link to original post



I think this is shocking. Not that they would do it, but that I havenít heard about it yet. All mine are -110 for those same bets! My total play per day at Caesars I think averages less than $100. So itís not like Iím a big better that is getting a special line. I wonder if it varies state by state?

Last night BetMGM finally had a +EV Lions Boost. Knicks to win
By 1-10 was +290. They were around +110 on the money line. I donít know exactly how often an underdog will win by 11 or more, but it canít be enough to go from +110 to +290. $50 max bet unfortunately.
link to original post


Most of these B&M casino branded betting apps are run by entirely different books depending on the state.
mtcards
mtcards
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March 13th, 2023 at 9:38:35 PM permalink
Yes, I am getting about a mission every other day depending on if I bet that day or not. I bet maybe $100 in total bets on the days that I bet and usually my missions are along the lines of "Three $50 Bets"

As for getting in contact with a Caesars rep, it was the live online chat. I had to go through hoops to actually get a live person and not an automated response. It took several questions and stating them a different way each time before he finally gave me the "individual partners can adjust odds/lines" answer. I think they are told to be vague as they dont want it getting out that odds adjusting is happening. As I posted last post, I think the licensing fee in Tennessee is the highest in the nation in terms of sportsbooks, cant really remember the number but it was along the lines of $700k per year. There are a few other states that have a higher "one time" fee, but I think the yearly fee is the highest nationwide.
BillHasRetired
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March 14th, 2023 at 8:20:40 AM permalink
Just in case other folks' replies haven't made it crystal clear:
In the Caesar Rewards world, TCs (Tier Credits) are NOT equal to RCs (Reward Credits) True, for any given play in 'regular' time, they are earned at the same rate, but during promos, they are not necessarily handed out in lockstep any longer. Caesars Rewards have separate and distinct promos for Tier Credits or Reward Credits.

How to calculate Yx promos: (TC used, RC is similar for their promos)
1. Determine the amount of TC earned for the day's play. This is your first X.
2. Multiply it by (Y-1), where 'Y' is the name of the promo
3. If Step 2 is larger than the limit for the promo, replace with the limit.
4. Add Step 1 and 3 together.
5. Add the Daily Tier Credit Bonus (there is no analogous Daily RC Bonus)
6. Watch your account to see when TCs post. 1X posts immediately, Daily TCs post around 9am PST, and the Step 4 TCs post on or around the date in the promo rules.

Example: 6X TC promo, 25k limit.
1. I played 7500 TCs (hey, it was a hot craps game at high limits, and I toked the dealer)
2. 7500 * (6-1) = 37,500 TC
3. Aw, fudge, 25k is the limit, so, 25,000
4. 25,000 + 7500 = 32,500 TC*
5. 5000 and above TCs gets you 10,000 TCs for DTCB, so 32,500 + 10,000 = 42,500 TCs

There is some discussion as to whether the 25k limit applies to the Step 2 number, or the Step 4 number. I've heard different hosts give different answers. I'm always optimal with these promos, earning one TC over the max required for max bonus, so I have no direct experience.

Hope this helps.
Mental
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March 14th, 2023 at 6:37:36 PM permalink
I used to get frequent mission from DK, but mostly for the casino side. These really dried up late 2022. I am currently getting promotions that require much larger amounts of play compared to the typical mission. I am okay with this change.

I mostly bet on sports at Bet Rivers. I am seeing -110 for major league sports pregame and -115 or worse in game. They send me many promos where I earn $20 in free bets for $100 in wagers. You only get the profits from these free bets. The casino keeps the bets. This is still useful.

I think CZR Seven Stars is well worth the cost if you use the 'free' cruise for an expensive rack-rate cruise destination. Otherwise, the other benefits don't add up to much. If you are near a good CZR casino town, then the annual trip just makes you go to a worse casino town. It is hard to value the $1200 airfare if you didn't really want to fly to a CZR location.
This forum is more enjoyable after I learned how to use the 'Block this user' button.
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