Trying to understand comp accumulations at different casinos?

Discussion in 'General Craps Discussion' started by Hardeight, Feb 10, 2011.

  1. Hardeight, Feb 10, 2011

    Hardeight

    Hardeight Member

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    I am just curious on how it is in the casinos you go to.I just got an explanation at the SugarHouse and it confuses me.Its not on how much you exchange chips for with your card its on how much you bet and stay at the table.If you switch tables then the accumulation would start all over again.So the cameras must be watching you the whole time so how do they know how much you bet?I am sure other place arent cheap like this?Or do you get more from playing slots and blackjack?

    Thats why I have suspicious theories about this place or maybe other casinos are the same I don't know?
     
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  2. Southern-Comfort, Feb 10, 2011

    Southern-Comfort

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    Comps for table games go like this. You buy in to a game, hand them your players card. They hand it to the Pit Boss who puts you into the computer. He also adds in your buyin and the amount of your first bet or two. The first bet or two becomes your "average bet" during your time at play. If you color out, they turn you off in the computer. If you want to move to another table, just be sure the Pit Boss knows so he can leave you in. Normally I'd say just tell the boxman and he'll pass the information on, but with what your experiences seem to have been at the Sugarhouse I'd make sure the Boss knows myself.
    This is actually one of the places where tipping comes in at normal casinos as well. If you're tipping the guys at the table, the Pit Boss generally gets a favorale opinion of you and they've been known to "accidentally" leave a favored player "in play" even after he's left the casino so that he can build up comps.
     
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  3. Sancho Panza, Feb 10, 2011

    Sancho Panza

    Sancho Panza Member

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    That's what those "magnets under the table" are used for.
     
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  4. Hardeight, Feb 10, 2011

    Hardeight

    Hardeight Member

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    No they actually keep elf accountants in there as well you wannabe smart ass.You wanna to TRY to be funny keep it in the other thread.Dont spread your stupidness to my other threads "Cheers"
     
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  5. Hardeight, Feb 10, 2011

    Hardeight

    Hardeight Member

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    Actually Sancho" my new theory is the the magnets are in the cocktail waitresses ass so thats why guys seven out when the come by not because of their beauty"You will probably want recorded data on that theory too
     
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  6. basicstrategy777, Feb 11, 2011

    basicstrategy777

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    all casinos have different formulas for comps but it is basicaly figured as follows:

    average bet X hours played X decisions per hour X house advantage X 30 % = your comp

    example: Blackjack:

    100 dollars per hand X 2 hours X 60 hands per hour X .02 ( the house advantage) X .30 ( the percent a casino decides to give back to player; this number varies by casino ) = your comp


    In this case a 100 dollar a hand blackjack player that played for 2 hours at 60 hands ( decisions) per hour gives the casino 12,000 dollars of action ; the casinos theoretical win is their house edge of .02 of 12,000 dollars or 240 dollars. they decide to return to the player 30 % of their 240 dollar theorewtical win ....... .30 times 240 is 72 dollars.

    This player would be comped 72 dollars.


    Craps is more difficult to figure but it is nasically the same with the casino plugging in their numbers....some are more sophisticated then others.


    777
     
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  7. justfewmorerolls, Feb 14, 2011

    justfewmorerolls

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    [quote author="basicstrategy777" date="1297456741"]all casinos have different formulas for comps but it is basicaly figured as follows:

    average bet X hours played X decisions per hour X house advantage X 30 % = your comp

    example: Blackjack:

    100 dollars per hand X 2 hours X 60 hands per hour X .02 ( the house advantage) X .30 ( the percent a casino decides to give back to player; this number varies by casino ) = your comp


    In this case a 100 dollar a hand blackjack player that played for 2 hours at 60 hands ( decisions) per hour gives the casino 12,000 dollars of action ; the casinos theoretical win is their house edge of .02 of 12,000 dollars or 240 dollars. they decide to return to the player 30 % of their 240 dollar theorewtical win ....... .30 times 240 is 72 dollars.

    This player would be comped 72 dollars.


    Craps is more difficult to figure but it is nasically the same with the casino plugging in their numbers....some are more sophisticated then others.

    To put it simply a five dollar player needs to play eight hours to get a $15 worth of comp. A $25 player needs one hour of play to receive the same comp.
    On the crap table once the puck is on and when you place your bets that's when they calculate your play. So a pass line with odds and $80 inside place bet, would mean that you would be rated at hundred dollars per roll. They do not rate you as you press your bets up but rather only on your initial bets. They rate you about once every 30 min. and when you buy for more they will automatically track your buy-ins.
     
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