Casino The Adventures of MDawg

If you knew what the next card was in Baccarat, would that help you? What about if you knew that the first card out was an 8 or 9? As you know, the first card goes to the Player.

 

Of course it would be advantageous to know the value of the next card out of the shoe. But short of esp or maybe edges-sorting how would you know that, hey hey?

 

You name a couple ways. There might be another / others.

 

Or there might not be.

(hey, hey)

 

Just something to think about. MDawg knows to keep his mouth shut if it suits him.

 

Well if you have managed to figure out a way to figure out the value of the next car out of the shoe then I would keep it my-self, too, hey hey.

 

These are just some of the high points from the past few Vegas trips. Highly successful!

Win money, eat well, have fun, and go home a winner.


























The current Vegas trip is still in its early stages, but has the same potential. I'm not trying to hit a home run this time though. Any win, is a win!


to tune in for more! (Not all details may be posted in a single forum.)

 

This is one of the suites we favor, when we stay in house. Wynn Vegas salon suite, 1817 sq. ft.






In suite massages, no need to go to the spa for these:

 

Another one we like when we are staying in house, although it gets noisy when the Marquis dayclub is open, is the Bungalow at the Cosmopolitan Vegas.

At the Cosmopolitan, there are tri-level bungalows. We stayed in one for about two weeks – the noise from the right next door Marquis day club (which becomes day and night weekends), is not edifying, but Monday Tuesday Wednesday the place is pretty quiet.

These are one of the few suites left in Vegas with a steam shower. On the top floor, one side has a balcony for relaxing, partying, dining (750 sq. ft.), the other side – a jacuzzi.

Mid (second floor), the bedroom, a sitting area, and the bathroom, downstairs, a bar, living room area, another full bath, and another outdoor patio (135 sq. ft.). These bungalows used to have direct access to the Cosmo Boulevard tower pool and to Marquis, but no longer. From the bedroom and upstairs deck, you may look down and see and hear Marquis in action if you wish.

At the Bungalows you are assigned personal 24-hour Butler service. These are the same butlers who service the million dollar penthouses on the Boulevard tower rooftop.
https://www.traveller.com.au/ten-th...s-vegas-until-i-ran-a-highroller-suite-h155mv
These butlers will try to take care of your every need - for example even room service is brought in and set up by them, not the usual staff, and they will even go into town to get whatever you request (number one request I understand is - In n Out fast food ?)

1695 sq. ft.






View from the Bungalow, from upstairs balcony:

Steam shower:


















For something like this, even if not staying in house, sometimes I will secure it just to hang out in during the day or for entertaining guests. A quick steam room or jacuzzi bath in between gaming sessions is never a bad thing, either.

At my level of play, I can get and have gotten the Bungalows at Cosmopolitan for weeks at a time, whether we are actually staying in the suite, or not!

 

I've stayed in the Lanai Suite at Cosmopolitan on the complimentary but it's too much room for me, hey hey.

 

Lanai Suite - we've stayed in those too. They are like mini bungalows. No steam room though.

Advantage to a Lanai Suite over the Bungalow though is - peace and quiet, because it is adjacent to the Chelsea pool not the noisy Marquis dayclub. Also, has immediate proximity to the Chelsea tower gym, if you're into working out as we are.

 

Lanai Suite, 800 sq. ft but do include an outdoor lanai with jacuzzi. Two level (versus the three levels of the Bungalows).

 

All these suites are not hard to pull down for short stays. Getting them comp'ed for weeks at a time - that takes extended play. In my case, I just keep winning and keeping the theoretical loss going, which results in a Perpetual Comp Machine.

 

Perpetual Comp Machine

As the title implies, this is a discussion about how to keep comps going in casinos, beyond the typically weekend, or few day long trip. As someone who has spent now up to at times nearly a full year straight in Vegas suites without paying for anything, and has done more or less the same thing going back years, I am well qualified to comment on this.

First let’s discuss the two ways that casinos comp players. Obviously, play must be rated, via a Player Card, so anyone playing under the radar is not going to get any comps, let alone understand the comp system.

Comps are used to pay for a player’s stay related expenses while in a resort, expenses such as room food beverage (the three RFBs), spa & salon (massage, skincare, haircuts and styling, manicure, pedicure, etc.), events (concerts, sports, and so on) and, at the upper limit of the comp spectrum, special activities arranged for the player.

A player’s casino action also results in invitations to special events, tournaments and the receipt of gift cards, promotional (free play) chips at the tables, or free spin play at slots. Some casinos build up points or “casino dollars” based on play that may be used to buy food and retail at either casino shops, or online.

Comps are handed out based on two different bases:

1) Actual loss. Typically 10% of an actual loss is available for a player’s comps.
a. This was up to 15% during certain periods, such as for example last year during COVID some resorts were giving 15% of actual loss, but 10% is the norm.

2) Theoretical (theo) loss. Typically 35% and up to 40% of a player’s theoretical loss is available for comps. Theo loss is calculated based on what the player is expected to lose, based on average bet times number of hours played against whatever the house edge is on the game being played.

For a weekend or other relatively short play, either of these will do to cover a guest’s resort expenses. But for extended plays, really the only sustainable or even viable way to keep the comp machine going is via comps earned via theoretical loss action.

Actual loss, when considering high end casino stays in, for example, $1000. a night suites, notwithstanding food and beverage charges, just won’t sustain an extended stay. For example, to cover a 10 day long stay in a casino in a large suite, about $15,000. in comps are needed, if it is a nice stay with decent food and spa services included. To earn $15,000. in comps via a loss, $150,000. in actual loss is needed – and most players don’t even have credit lines or cash available to gamble at that level, let alone are able to afford losing $150K in the first place.

When you get into stay lengths of longer than 10 days, it becomes even more unlikely that a player would be earning his keep via actual loss, as the required loss numbers to earn all those comps pile up even higher.

No, what really earns the comps, and keeps the comp machine going, is not loss, but action, that is, play that results in either a win, or just the average loss attributable to the house edge.

Typically, player club points and casino dollars, too, are earned at a high rate pretty much by play, via theoretical loss, not via actual loss.

For example, on trip a couple or so years ago I played in the area of around seventy some (under eighty) hours at an average of $1200. a hand, at table games, and earned just about $80,000. in theoretical loss., and notwithstanding that I won over fifty grand on the trip, this theo loss against 40%, earned me over $30,000. in comps. $30K in comps is more than enough to cover a very long stay, even a month long stay, if the suite is coming in at say, $600. or even $800. a day (which remember - sometimes the rate of which the suite is calculated for purposes of comps is lower than the "rack rate" which a non-gaming hotel guest might have to pay for the suite), which leaves room for food beverage and spa too.

And this is why, one guy might sit at the table and lose five grand, and get $500. in comps, and another might sit at the table, win barely $200., and earn a theo loss which would result in higher comps. Theo loss is the way to go, for max comps.

Granted, if you want to dine on caviar daily, in a villa, even this model is not going to work as far as keeping the perpetual comp machine going, unless you step up your average bet even higher than a thousand a hand. But the perpetual comp machine model – always involves building up theoretical loss. Blowouts do not lead to much comps. Continued play, does.

 

For me a room ain't no big thing no matter how nice. For me a room is just a place to shower and crash, so I just require it to be clean, with the firm mattress and sufficient water pressure for the shower. A lotta cats like to go on about the room, the sq footages, the decor, art-work on the wall and that and this. But to me, the value of a room is what it costs the joint to have a maid clean it and turn it over. but I guess that the young, scantily clad, slutty-girlies what frequent the joint are impress by such thing, hey hey.

 

One other thing I desire for a room is an actual fridge, not just a mini-bar. i like to have a fridge so I can keep a few cold beer on hand, chill a bottle of wine and have a way to keep lefts-over from eating out. The regular terrace suite at Cosmo is fine for this cat, hey hey.

 

All the suites I get have refrigerators of varying sizes, with the Cosmo Bungalows having the largest (full sized) ones.

Standard rooms generally don't have refrigerators. One way to get one is to just claim that you have meds that must be refrigerated, but last time a friend of mine tried that at a Vegas hotel they brought him a tiny refrigerator that could barely hold a couple cans of soda.

 

As far as the comps go, as you earn them they might as well be used in some way. In Vegas, the promo (or free play) chips are not handed out according to a set formula for table games players, not at most of the casinos at which I play, so it's not like by using up your comps on RFB + spa that you're necessarily taking away from what else you might get. In general, at the casinos where I do not stay in house (because I play at multiple casinos when in Vegas, and just don't have time to take advantage of all the comps at all of them), I end up never using those comps earned. At other casinos, where we might get the suites and take full advantage, I might end up over comped.

Keep in mind that the liberal per session or per trip loss rebate deals I have worked out, because the occasional loss is inevitable! count against comps too, usually by a 2X factor (say, five grand off a loss, equals ten grand in RFB regular comps).

Really all I care about is winning at the tables. Beyond that, it's all gravy.

 

Well, I guess you are lucky that this forum doesn't have a rating system, so you don't have to worry about a 1/2 star rating like at WoV, barely ahead of "the gout thread".

Now let's talk about Loss rebates: In the first year plus, you never mentioned loss rebates. then someone brought it up, I think Axelwolf and you were like "yeah, yeah, that is what I am doing.... loss rebates".

Loss rebates could not possibly account for anywhere close to the results you have claimed. Since you don't seem to understand how a loss rebate works let me explain.

Lets say a player negotiates a loss rebate of 20% per session. Now to make it easy, I will use very easy math and round numbers.

So the player plays 20 sessions, and 10 are winning and 10 losing, every single session at $10,000. That is $100,000 won and a $100,00 lost. But the 10 losing sessions all receive a loss rebate of 20% meaning those losses were each only $8000, or $80,000 for the 10 total losing sessions. So now this $100,000 total win vs $100,000 total loss read $100,000 total win vs $80,000 total loss. The loss rebate has enabled that player to turn a $20,000 profit where he should have been even.

BUT YOU NEVER OR RARELY REPORT LOSSES, so a loss rebate would do nothing for you. And a loss rebate simply can not explain the 90% winning sessions that you claim. (102 winning sessions out of 104 at one point).

So a loss rebate just would not account for your claimed results.

Furthermore, after the Don Johnson fiasco in Atlantic City, most places no longer give a loss rebate per session like that. Johnson exposed how that is easily taken advantage of. NOW, if you can negotiate a loss rebate it is for the entirety of a trip. If you lose $200k on a trip, they will rebate whatever amount was negotiated.....that type of thing.

It can still be a beneficial and a useful tool. If a player makes 10 trips during the year and wins 5 and loses 5, that rebate on those 5 losing trips is likely to be the difference between winning and losing.

But you using a loss rebate as an explanation of your claimed results is just nonsense. That is NOT how a loss rebate works.

 

One of the casinos is offering different ways to earn comps or free play, for slots players.

I don't play slots at all, but one way involves downloading an app and then playing on it to earn comps, or at least free nights. I actually downloaded the app during Covid when all Vegas casinos were shuttered, and played it a few times but eventually got tired of its constant reminders to play on this or that day to get bonus points, so I don't think anything I earned on it amounted to anything. I deleted the app.

But for people who don't play very big, this might be a way to earn free nights without actually gambling any money - when I played it was all free, so I am not sure what the incentive to the casino is for luring people to play the app.



The other way, is to play slots during certain promo periods to get a "chance" to win a large amount of free play. Of course, this is specious in that nothing is assured (other than whatever comps or free play you might earn anyway) and all you get is entry into some kind of drawing.