I'd suffice to say that I've done a fair share of gambling in my life. My gambling career started at age 18 playing the the most ghetto Indian Casino ever. Being a gambler, I know a lot about the comps systems of the Casino Industry. Basically, to get a free room at any decent hotel in Vegas, you need to have an average bet of at least $150 (or more depending on the game) for four or more hours per day. This is based upon the theoretical house advantage of the game you are playing. They plan on giving you back roughly 30% of your anticipated losses in freebies. The problem is that if you get an extreme run of bad luck (which happens frequently) and you blow out tons of cash, in an hour, you earn very little comps. I've received more comps on a weekend where I won money, than when I lost tons of money. Essentially, if you're winning, you are able to play longer, and thus earn comps. If you are getting man handled by the casino, they add to the ass kicking by making you pay for that "all you can eat" in room porno package you bought to take your mind off your losses.
Thursday, January 25, 2007
The Truth About Casino Comps
I'd suffice to say that I've done a fair share of gambling in my life. My gambling career started at age 18 playing the the most ghetto Indian Casino ever. Being a gambler, I know a lot about the comps systems of the Casino Industry. Basically, to get a free room at any decent hotel in Vegas, you need to have an average bet of at least $150 (or more depending on the game) for four or more hours per day. This is based upon the theoretical house advantage of the game you are playing. They plan on giving you back roughly 30% of your anticipated losses in freebies. The problem is that if you get an extreme run of bad luck (which happens frequently) and you blow out tons of cash, in an hour, you earn very little comps. I've received more comps on a weekend where I won money, than when I lost tons of money. Essentially, if you're winning, you are able to play longer, and thus earn comps. If you are getting man handled by the casino, they add to the ass kicking by making you pay for that "all you can eat" in room porno package you bought to take your mind off your losses.
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El Dorado...Reno Baby
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