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Originally Posted by 663366
Well if you go to Caesars.com or Totalrewards.com you can find plenty of properties belonging to Caesars that offer cheap rates if you book in advance, eg. Imperial Palace, Harrah's, Bally's, etc kind of in ascending order in price. MGM properties have higher nightly rates so unless you want to pay $100+ midweek then forget those. If you don't mind Motel 6 or Rodeway Inn there's a couple of them at the bottom and top ends of Strip that offer on avg. $30-50 a night if you book ahead. Also there's timeshare options and apartment shortterm rentals like Polo Towers near Planet Hollywood. The drawback is you won't have your own kitchen to cook in most cases (except timeshare), but the way I've done it, it works out to be around $1-1.2K a month for a decent, but not great room. Sometimes you can't book a month at a time because casinos won't let you but you book around 10 nights in a row and then just extend or re-check in. And the hours you put in at the cash tables will get you comps which should take care of a significant part of your food spending. The thing about living on the Strip for a few months is, you don't need to worry about having a car, high insurance premiums, no bills to pay, etc etc. And if you learn to trust the bus system here(a little daunting at first but they are mostly safe) then once a couple of weeks I just get a Day Pass($5) and head out to Walmart to get supplies like shampoo etc(cheaper than from Strip pharmacies) or get some clothes and have a couple of meals out there in the suburbs eg. In N Out Burger which you don't find on the Strip. Or you can always rent a car for a few days every few weeks which is also like taking a "break" away from the tables.
Now it's WSOP time and previously I've looked at doing the "poker house" thing but quite frankly I wouldn't have it any other way... I'm within a short walk(5min) to Venetian, Caesars Palace, Bellagio, and free shuttle to Rio. And since online poker is now banned, the incentive there is to grind online which would be easier to do with broadband connection in a poker house, is no longer there. So hotel wi-fi once or twice a week to check email etc is all that I need.
The housing market in Vegas is still somewhat declining and won't start recovering for another year or two so there's really no need to rush to buy... it's OK to buy now, but you aren't going to start seeing prices go up anytime soon.
Thanks for the info. I stayed at Polo Towers in May just to see what it was like. I wanted to have a kitchen on that trip. I was in the lock out section I think it's called with just small fridge and microwave but it was enough for the week. It was about $45 per night. The one bedroom units have a full kitchen. Last year I got a great deal at Summer Bay Resort on Koval behind the Flamingo. It was $80 average per night but was a 2bed/2bath (my daughter was with me) with full kitchen, washer & dryer, dishwasher and fireplace, great shuttle service. They even take you to the grocery store. I think there was a queen size sofabed too. Too much for one person but nice to share. I think for long term it's important to have a kichen of some sort.
As to the bus service, I've found that if I'm there for at least 2 weeks, it's worth buying a monthly pass. I qualify for the senior rate so it's about $30. In two weeks I know I'll be on the bus more than 5 days so I save money and it's very convenient to have the pass. I've even jumped on the bus to go along the strip at some very late hours and have always felt safe. There's just so many people around all the time.