Notes

Complementary Gifts from Casinos: Some Aspects
Comps (complimentary gifts) are offered by casinos to compensate gamblers for their time, money and effort. These comps involve free drinks, meals, free or reduced rate rooms, show tickets and extend to RFB (all costs for room,food,and beverage), airfare reimbursement or flyback certificates, and Super Bowl tickets. Comp programs are meant to encourage repeat visits and customer loyalty. Customers do not have to be high-rollers to receive these incentives; many low-midlevel gamblers can and do receive a surprising amount of freebies and discounts. This is partly due to the current economic situation in Las Vegas. Visitors and their gambling bankrolls have declined significantly in Las Vegas. Because of this, gaming properties are offering more comps to help gamblers enter their doors. My wife and me stayed in Vegas for nine nights during October 2008, and did not have to pay any fees (all comped room). We are certainly not wealthy gamblers. Our gambling interests include blackjack with a minimum wager of $10-25, nickel or penny denomination slots, video poker and slot machines that can be swung at 40 cents to $ 2,00 per spin.

Comp awards are usually determined by average wager x hours played, x bets/hour, and x expected house edge. X % casino return to players. (Generally ranges from 25 - 40 percent of the expected win by a casino). For example, let's assume you play a decent blackjack game (player favorable rule set and you play accurate basic strategy) and your average bet is 10 dollars per hand. If you play an "average " 6-deck shoe game you can expect to see 60 - 80 hands per hour if the table involves 3 or 4 other players. When calculating expected dollar returns from players, and comp calculations, many casinos use 60 hands an hour and a house advantage of 2%. Comps are typically returned by most casinos to players at around 40% of the expected win. Let's suppose you play five hours at the table. The comp calculation for this game would be $10 (average stake) X 5 (1 hour played) X 60 (2 hands/hr. X.02 house edge X.40 proportionate casino profit to players. This is an average of $ 3000.00. X .02 = $60.00 X .40 = $24.00 in earned comps.


Be polite when asking for comps at Las Vegas properties or elsewhere. In order to be eligible for comps at table games, you may need to wager $15 to $25 per hand at some Vegas properties. Some off-strip Las Vegas casinos are more liberal with their meal comps than many of the Strip locales; on several different trips I've played for 2-3 hours at the Orleans with a 10 -20 dollar average bet and have never had a problem obtaining buffet comps for two when asked for appropriately. There is a wide range of comp programs between casinos, corporate gaming entities, and other places. Players should decide where they would like to play and take advantage of any comp program details in that area. If a player's club representative/host is unclear about the exact method of calculating earned comps, don't be surprised. The amount of patronage and season can affect how comps are calculated. Low to midlevel players will find it more difficult to get comped during these high traffic situations at times. It is suggested that gamblers get to know the slot / table game host they feel comfortable with. In general it's a good idea soliciting a host of the opposing gender. Talking with a host will increase the value of future visits and help minimize or even enhance wins. A host's job, however, is to make gambling more enjoyable. Many properties offer meal comps to pit bosses. To play an enhanced-value comp, you must gamble within your bankroll and use games with lower house advantage. You also need to be familiar with the comp program. However, "chasing" comps, which is playing too long to get a meal, can result in increased gambling losses. This is especially true if you lose hand after hand, roll after roll, or pull after pull. play games for money applies.

Blackjack is a great game to earn comps. The house odds are generally lower than other casino games. click for source must choose games that have player-friendly rules and then learn basic strategy for each game. These rules allow players to use tactics to slow down the game, which means that there are fewer hands per hour. This will increase their chance of comp accrual. You can slow down the game by talking at long tables, taking frequent breaks or making calls on your cell phone, as well as playing at crowded table. Increased bet levels at blackjack can help increase comp accrual. These should improve your table play ratings, and allow you to accrue more comp. When one isn't being monitored by casino staff, the bet level can be decreased.

To track comps for video poker and slot machines, players must ensure that their player's cards are properly inserted. Players should also make sure to check the machine during play. Although video poker has a higher payback percentage than slots, comps for VP are usually lower for the same time/bets. It's a standard casino tradeoff mechanism. If you are looking for a casino that you enjoy playing in and have the time to do so, it may be possible to identify specific machines that offer a higher payout percentage. This is a fact that we know; the key is in identifying them. The machines of higher denomination have higher payback percentages, i.e. $1 slots vs. $0.01 machines. Your ability and financial management will determine your ability to enjoy these games. There are many payback percentage variations even within penny slots. Common sense and willingness can help you find the highest paying machines. The key is to not get soaked for a huge loss expecting that next pull..and the next one..to result in a big payout. We recommend a stop-loss strategy when playing slot machines. When we have reached 40-45% of the original buy in amount, which is $20-25 dollars credit after a $50.00 buy-in, we will stop playing any given machine. The average slot machine will drain your bankroll. However, if you can spot higher payback machines (by observation or actual play), these are viable alternatives to earning comps. Solid paytables for video poker (minimum 9/6 Jacks or Better, Double Bonus) are a great way to accumulate comps. However, this payout is slower than most other slot machines with the same wager level. It is crucial to understand that you need to identify machines with higher payback rates (ie machines that pay almost 100% over time). However, losses can still be experienced in individual sessions.

Always seek out casino promotions, such as point multiplier, blackjack enhancements, and gambling coupons (blackjack play and first-card ace coupons) when looking for casinos. These coupons will help increase the player's expectation and minimize losses. Even though it is generally down, the current economic climate in Las Vegas is favorable for comp offer purchase.


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