Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter! Recent Articles
Best of John Grochowski
|
Gaming Guru
The Casino Answer Man27 December 2000
A. Comp rates vary widely from casino to casino. As a rule of thumb, the casino will kick back anywhere from 10 percent to 40 percent of your expected losses in the form of comps. The difference lies in how badly the casino needs to attract your kind of business. Being extra aggressive won't help. You need to ask for comps, and ask how much longer you need to play to qualify for a comp, but if the pit boss starts to see you as a pest or a pain in the neck, it just gives him an excuse to deny the comp. Let's say you were averaging a $15 bet at blackjack while playing about 50 hands an hour at a full table. You risk $750 in an hour's play, or $3,750 in the five hours you played. The casino expects you to leave behind about 2 percent of that, meaning your expected loss is about $75. That would leave comps likely to range from $7.50 to $30. Note that a $7.50 comp isn't even enough to cover the price of a dinner buffet, and in a casino that draws big crowds of mid-level players, you can't expect much more. Harrah's likes to market through direct mail, so you may find that your level of play brings you offers in the mail for discounted rooms or meals on your next trip to Las Vegas. There's no free lunch now, but maybe one next time. If you want more immediate rewards, with comps higher up the range, you need to target a casino that has to work for your level of play. You're more likely to score a meal comp with $10-$20 play at casinos downtown, those that cater to Las Vegas locals or at older, smaller operations on the Strip. If you want to read more about casino comps, the two best books on the market are Comp City by Max Rubin and The Frugal Gambler by Jean Scott. This article is provided by the Frank Scoblete Network. Melissa A. Kaplan is the network's managing editor. If you would like to use this article on your website, please contact Casino City Press, the exclusive web syndication outlet for the Frank Scoblete Network. To contact Frank, please e-mail him at fscobe@optonline.net. Recent Articles
Best of John Grochowski
John Grochowski |
John Grochowski |