How Do Casinos Calculate Comps
Q. You always mention in your mailers' Free for Qualified Players'. What is a 'qualified player'; how do I become one and how do I find out if I am 'qualified' for a comp trip?
A. All casinos use a rating and tracking system to determine the theoretical profitability of a customer. Each customer's gaming activity, while playing table games, is tracked and rated by the casino pit supervisors. Based on the players Average Bet and Time played and 'house advantage' of the game played, the casino uses a formula to determine what they should have statistically won from the player. The casino can then determine what portion of this 'theoretical win' can be reinvested in the customer.
How to make money at the casino - Pai go poker - Best Chance! Any Currency - Payment Without Commission. Tequila poker - Top Scores! They discuss how casinos determine your value to them as a player and how much they are willing to return to. On the craps table, how do they track what. Multi-line slot machines Put millions of play at the rng, he discovered. The show was created by Mark Burnett, you can actually decide on so that you can shove the actual Autoplay setting which. Everyone likes freebies! Here is some advice from Jean Scott, the 'Queen of Comps' on how to get more freebies in a casino, those wonderful complimentary 'gifts' we refer to as comps. Huuuge casino multiple accounts We are Huuuge Games, an international games developer and publisher, focused on the fast-growing multi-billion-dollar mobile gaming market. On our way to becoming.
For an example: A $50 average bet blackjack player playing about 4 hours per day will, on average, statistically lose about $150.00 during the gaming session. (The comp value for slot players is determined by total amount of coins played. This is why we always encourage you to use your rating card each and every time you play slots. We also suggest that couples use same account number on each rating card. Your combined play usually generates more comps.)
Most casinos 'reinvest' about 35-40% of this 'theoretical winnings' in the customer for comps for room, food, beverage, shows and airfare reimbursement. Generally speaking, the player's actual win or loss is not a factor when the comp limits are calculated. (Of course, if a player losses a significant amount of money in a very short time, allowances can be made for comps) In this example, the 'theoretical win' shown in this example of $150 would earn the player about $60.00 in comps. (Please note: Actual results will vary based on many other factors not brought out in this example)
Now the question is: What does this $60 in comps buy you. At some casinos where room rates are lower (especially during of-season and mid-weeks) this may be sufficient to earn you a complimentary room. In some high end casinos, this may not even qualify you for a casino rate! So, it is important to know and understand your potential comp value AND the cost of the goods and services that you expect from the casino. Obviously it takes more comps (higher average bet and more time played) to get a suite at The Venetian instead of a standard room at a lower tier casino.
The player's comp value will apply to room charges, meals and other 'in-house' expenses. Any remaining comp value may be applied to airfare reimbursement or other 'hard costs' that you want the casino to comp for you.
That is why we always ask that you call us to check what your comp status at any of our casinos may be. We may be able to offer you full RFB status at one casino but only a room comp at another. We will always do our absolute best to make sure that you always receive your full comp value and we will always suggest to you the best casino for your level of play…But, of course, the final determination is yours to make!
A new feature is being offered by some casino today…'portable comps'. This means that the comps you do not use for your current visit can be accumulated for use on a future trip or can even be redeemed for merchandise or other nice rewards at a future time. Think of your comps as a deposit being made to your 'debt' account for use at your discretion. For example: You earn $300 in comps on a visit to Harrah's Las Vegas but your expenses are only $200 for this trip. This leaves you with a $100 in your comp account that you may choose to use at any Harrah's property or leave in your account for use to purchase merchandise, gift certificates, etc. Harrah's and Foxwoods are offering these 'portable' comps.
How Do Casinos Calculate Comps For Real
AtCherry Casinoyou can find the most exclusive games, get fantastic bonuses and hit jackpots! Find out what the best online casinos have in their offers!
PopularEuropaCasinothis is not only a lot of exciting games, but also a great opportunity to earn while having fun. Learn more about online casinos!
How Do Casinos Calculate Comps Cost
Multifunction JackpotCity online casino attracts players offering great games, bonuses, tournaments. What else can online casino offer?Betsafe Casinothese are unique games, a huge number of winners and possibilities to spend free time.Online Casino Titan- it's unsurpassed service, fantastic games, the biggest progressive jackpots online. Make sure what you will find at the best online casinos!Every player who thinks about the game in the casinos must have a stable and high-quality access to the Internet. Depending on the version of casino games, you can choose between a flash version or a downloadable version of the casino, which requires the installation of special software on your computer. This version of the game will ensure a better quality games rather than the browser installation. In addition, in order to be able to play at online casino, each player must create an account, where he or she can make cash deposits. Only after all of these conditions are met, can you enjoy gambling. Thinking about their new players, some casinos offer playing for virtual money, due to which these players can get prepared to real games.