Quote:
Originally Posted by
MisterV
I'm clueless, Seedvalue: it's your job to clue me in.
Your example is a married couple only, who "both create offers that get them $250 each 4 times a week. That’s 500 each visit 4 times a week at 15 casinos."
You rake me over the coals for not buying into it, and that's just the problem, boyo: the cost of entry into your little scenario.
Do the math: you say the couple generates freeplay of $2000.00 per week from 15 casinos, totaling #30,000.00 per week.
That's borderline insane: who the hell does this?
I raised the issue of the application of the house advantage against their seemingly massive bankroll as they play enough coin in to earn $2000.00 per week from 14 different casinos.
C'mon, man: even a clueless soul such as myself understands they'll get hammered doing that; are you saying the freeplay earned is substantially greater than the money they lost earning that freeplay?
Oh, you asked how I passed the bar; I didn't pass it, I usually stopped and drank a pitcher or two.
V, I think what you are not getting is freeplay could be generated in copious amounts by just gambling once. In the case of video poker I just posted about you run 100K in action on a 98% game. Then you get .5% in freeplay for six months. That's 24 times.
You are just going in and running off the freeplay, then leaving. Keep in mind that you don't have to run another 100K in action to get the next installment of $500 in freeplay. The casinos would just keep sending the mailers with the freeplay every month.
In my neck of the woods I might get a mailer that says says I get X amount of freeplay between 1st and 7th of the month, then another load from 8th to 15th, then 16th to 23th, then 23th to 31st. Thats 4 shots in one month and it all came in the same mailer. Then the next month they send me the same thing.
So $500 in freeplay 24 times is 12%. Add that to the 98% game and you are at 110%.