I used to be a roulette degen so I can touch on this. You really cant get a free room playing roulette at such a low level. If you did this for several hours you might get something, but not a room and really not worth the time IMO. Video poker is a better option for low risk then playing roullete this way.. On the other hand if you are sprinkling black chips all over number every spin you will get free rooms right away, but then of course they are not really free lol

You're absolutely right (A2345s). My local casino has a dual internal rating system for that. They use an alphanumeric system, where the number rank is based on just theo, and the letter is based on profitability (which factors in volatility, etc). Both are used in determining offers. But it's still the floor's job to rate the player at $10. Add additional notes if you like, but it's up to player development to recognize the difference if they choose to re: offers. It's not the floor's place to short them.

I assume when he says manager he means casino manager .... who along with marketing would be involved in creating the ratings procedure.

We've gone off on a big tangent, but regardless of that, we all agree this is a poor idea by OP.

Well that's different then. If he's actually instructed to not do so then so be it, it's just the casino policy, as he said some managers feel that way, and as such every casino is different. My casino has a separate method to account for profitability (beyond theo), but if some don't, then that's an artificial way to get there. I initially read it as he (as the floorperson) would take it upon himself to short the player's rating (outside of policy).

You'd also assume any competent casino, if they knew they weren't going to give up an edge by overcomping or something like that, would welcome action like this all day. In many ways it's better than any action a whale could give them, which does present a significant theoretical downside. This kind of action is a total freeroll for the casino.

I bet if you could guarantee the casino big wigs that they wouldn't be losing money in comps to this kind of action, they'd prefer a casino filled with these monkeys rather than a few whales here and there. Just get them in there and grind them down, guaranteed profit with no downside. That's neg expectation x large number of trials to the nth degree, exactly what they're looking for.

Obv the answer to the OP is "you ain't getting much, if anything".

OP could become one of those guys on the strip that lets any tourist kick him in the nuts for $10. 5 solid kicks per day gets a low end Caesar's property during the week - not including resort fee, of course.

The downside at $10 a bet is the cost of running the casino. 1 big player requires 1 table 1 dealer 1 floor person 1 cocktail waitress. Lots of small players require more dealers more floors etc.....

That's a good point. Forgot about the operating costs.

So, I'm curious.

I've never been to Vegas before, so this is all speculation on my behalf but any advice would be pretty appreciated.

This idea off just blowing $20 an hour minimum on Roulette to win $11 an hour in comps is obviously -EV :P

However, is it worth, for my first trip to bring a $1000 bankroll for blackjack / slots, to essentially spend and build up points in my rewards card? (I think I'll be going with M life. I like the majority of their resorts over the Caesars ones)

The idea is to essentially write off this $1000. Have some fun, gamble but at the same time build up points, so that I may get cheaper / free room offers for FUTURE stays?

Is this a thing?

p.s sorry for hijack, felt it unnecessary to make a new thread about this when this subject is fairly close.

Never gamble for comps. If your going to gamble it's fine to be rated and take whatever you get but gambling to get comps makes no sense.

Yeah I think we could have shortened this thread with "never gamble for comps"

Gamble because you want to gamble and take the comps as they may fall. The reason why you never gamble for comps is that 1) you are buying comps at a vastly inflated rate (so just buy the intended reward at retail) and 2) very often you will get shorted even further by the floor under-rating your av bet or your time.

Getting a free room would be quicker to go outside with a monkey suit on and take snaps with tourists for $1 a time than it would be hoping to get a room offering to lose 5.56% on $10 for a zillion hours and hoping the casino get it right.

Putting the economics of this concept aside I can think of better and more exciting ways of spending my time.

Silly idea, just plan to pay for your room. If you end up gambling a bunch talk to a host after the fact and try to get the comp part worked out later

Okay, since nobody's actually pointed this out:

The casinos give back a percentage of what they expect to get from you. That percentage used to be 25% (late 90's to early 2000s). I suspect it hasn't changed much.

So, in order to get comped a $200 room, you will spend roughly $800. Maybe less if they value the room as the cost to them rather than the value to you. But we'll ballpark it at that.

Working the system used to involve tricking the casinos into thinking you bet more than you did - for instance, betting $25-$50 per blackjack hand and having the floorman put down $50/hand, or taking 15 minutes to piss every hour so you got rated for 4 hours when you only played 3. Blackjack was particularly good for this because basic strategy is -0.5% to -0.8%, but because people suck at blackjack and the average hold is 2%, casinos used to give out blackjack comps at (what the floor says the average bet is) x (how long between checkin and checkout) x 2% x 25%. This type of system is where the rumors that you can profit off of comps come from (and the rumors were probably true in the mid 90s).

One of the big reasons that the casinos have pushed to get everything computerized is that it starts taking away the opportunities to dick with the system. When they get RFID into smaller denomination chips, you can't even hide how much you're actually wagering, the computer will calculate it for the floor.

tldr: approximately 4x the value of the room

which just proves most floors are idiots.

betting 5 red 5 black ev wise is the same as betting 10 red or 10 black. it reduces the variance as someone pointed out on here but he's still gonna lose about 53 cents per spin doing 5 and 5 or just 10 on one color.

This has already been addressed in previous posts.

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