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Thread: Any Experience with M Resort $500 Loss Rebate?

  1. #1
    I see that M Resort (extreme southern part of the strip) has an "up to" $500 Loss Rebate for new members but the info simply directs one to go to he club desk for details:

    http://www.themresort.com/500-on-us

    Does anyone have any experience or knowledge regarding this offer?

    FAB

  2. #2
    Originally Posted by FABismonte View Post
    I see that M Resort (extreme southern part of the strip) has an "up to" $500 Loss Rebate for new members but the info simply directs one to go to he club desk for details:

    http://www.themresort.com/500-on-us

    Does anyone have any experience or knowledge regarding this offer?

    FAB

    The ACG summary says it's a rebate on "slot losses" that will be rebated in two separate chunks with "slot play." I'm thinking that probably means video poker is out. The first reimbursement offer comes 14 business days after sign-up and initial loss.

    I already have a card there, so I'm a no go, but I know some folks who will be interested in signing up even if it's slot play.

  3. #3
    FYI, I went there a few days ago specifically for this promotion, and I couldn't do it because I already had an account at Hollywood Tunica.

  4. #4
    If it is a rebate payable in slot play at a future date it's similar to what so many other casinos offer. I generally avoid these. I also have an M card now so I wouldn't be eligible.

    If you're a local these offers are a "no harm" deal to take.

  5. #5
    Originally Posted by Guy Incognito View Post
    FYI, I went there a few days ago specifically for this promotion, and I couldn't do it because I already had an account at Hollywood Tunica.
    Hi Guy:

    Thanks for the heads up. I have never signed up for the M Resort card but now I see that Tropicana is a "sister" property and also uses the "Marquee Rewards" card used by M Resorts. Since I have an old Tropicana card, I do not think I am eligible for the promotion -- unfortunately. It would have been a long trek just to be disappointed.

    FAB

  6. #6
    Your old Trop card has nothing to do with Marquee, just like if you have a card with the Edgewater or Colorado Belle it has nothing to do with a card at the M today. And if you check with the Rewards Club at the M (not with the collection of the clueless Asians at Trop's desk) you'll find that "slots" includes vp. In fact, experienced players knows it always does, unless specifically excluded.

    That said, these slot loss rebate programs are a big waste of time. You go in hoping you'll lose, then on the rebate you hope you'll win. How stupid. Only problem is, most offers split the rebate into two or more future visits, with a certain number of days in-between--foiling the best laid plans of out-of-town guests. These geniuses get beat almost every time.

    Wise up.

  7. #7
    Originally Posted by Rob.Singer View Post
    That said, these slot loss rebate programs are a big waste of time. You go in hoping you'll lose, then on the rebate you hope you'll win. How stupid. Wise up.
    Wrong again, bison breath. Rob, your severe lack of gambling knowledge is really showing here. On a promo like this you play a high variance game, like your game, Rob, Triple Bonus Poker. Or if it's slots play something like a 10X Pay. You have a free chance at hitting something big. If you do, cash out. If you don't hit anything then stop at the $500 loss and take the rebate. It's a total freeroll, Rob. Wise up.
    Last edited by mickeycrimm; 07-14-2017 at 01:46 AM.

  8. #8
    It's not a free roll. You don't receive cash. You receive free play. Wise up.

  9. #9
    Originally Posted by Alan Mendelson View Post
    It's not a free roll. You don't receive cash. You receive free play. Wise up.
    Read the invitation, Alan. It says reimbursement up to $500. It doesn't say anything about freeplay. Wise up.

  10. #10
    It does come in free play of two separate increments.

  11. #11
    Originally Posted by jbjb View Post
    It does come in free play of two separate increments.
    If that's the case then the cost is dependent on the best game you have to run off the freeplay. It's still a very cheap shot at a big hit.

  12. #12
    Originally Posted by mickeycrimm View Post
    Originally Posted by jbjb View Post
    It does come in free play of two separate increments.
    If that's the case then the cost is dependent on the best game you have to run off the freeplay. It's still a very cheap shot at a big hit.
    It's not a cheap shot.

    First of all, to get the $500 of free play you have to lose $500. Then it's a gamble whether or not on the next TWO trips, you will even make back the original $500 you lost.

    Frankly, I would use this if I were a local but I would still try to win on my initial $500. Why would you play to lose to get $500 in free play later on two trips that you'll maybe get 99% return on? Sounds stupid.

  13. #13
    Let me repost a story I wrote years ago about a Loss Rebate effort my wife and I undertook at the Riviera (when there was a Riviera) so the Board knows why I was interested in the M Resort loss rebate (the M Resort offer is available in July 2017 for new members):

    My Riviera Rebate Story

    I want to relate my own results (actually my wife’s results) on the Riviera “Up to $1000 Loss Rebate.”

    Last weekend, I was in Vegas with my wife. Unlike me, Wife generally hates to do coupon runs and will never cross the street to use a $10 match play. She tells me that she is uncomfortable doing a “hit and run” in exploiting the usual advantage plays by playing match play on a table -- then walking out “win or lose.” That means that if I want to do a promo I usually leave her at the casino we are staying in and go off on my own promo safari.

    As many people may know from reading the Las Vegas Advisor magazine and Casino Player, the Riviera is offering an “Up to $1000 Loss Rebate.” The rebate has a few rules and restrictions. For example, no progressives, no video BJ, no video Craps or video Roulette. Significantly, no video poker greater than $1 in denomination. There is also a bunch of machine with white stickers stating not eligible for the promo with no particular rhyme or reason. You also cannot be a local, and must be a new slot club member. When it started you could be a slot member as long as you haven’t played at the Riviera for the last 24 months- but that was changed. Frankly it is a bit of a moving target and I was not sure where the rules stood up to last weekend.

    I had already joined the Riviera slot club some five to six years ago. I played and stayed a couple of times, but hadn’t done any play there in four years. I had hoped that I fell off the database radar but was not sure. However, I was sure that my wife had never been to the Riviera. Frankly, although it has been slightly refurbished recently and has good craps and BJ rules, there isn’t a whole lot that would attract us over a typical Las Vegas casino. However, this $1000 rebate certainly got my attention. I figured it was a good chance I was not qualified due to my players club records, so I cajoled my wife into coming along and trying out the promo.

    I had previously read about this Riviera offer and the consensus was to try to use high denomination play to win big. But if you lose all, then you get half your money that day in free play then the other half the next month up to a year. This “rebate” money should be used at $1 Video poker to get the money back with little volatility. I agreed with this strategy.

    When I arrived at the Riviera with Wife, we looked around and saw that almost all the greater than $1 slots had the stickers saying it was not eligible for the promo. On the Wizard of Odds, a poster said that there was a “African Diamonds” video slots in somewhere on the floor that had an unusual denomination spectrum of up to $1 per unit. That poster said he played 150 coins at the $1 and hit a W-2 G the first spin. Rumor had it that there was a “Kitty Glitter” with that same high denomination availability. As we scouted around, we found a Kitty Glitter but it only went from one cent to a nickel. This was the same denomination band as a whole bunch of video slots we saw of many varieties.

    Eventually, we spied the holy grail in the middle of the floor – the mythical “African Diamonds.” It was between two other upright video slot machines. Unfortunately, it was being played by a heavy-set woman in her 60’s. As I casually walked by this temporarily inaccessible forbidden fruit I saw that she had $75 in credits and was using one cent for each line or 15 cents a press. My wife and I figured that she could be there for all of 2012. But we could not kick her off the machine or even casually ask if she wouldn’t mind if stepping aside so I can see if this machine will allow me to bet at the one dollar unit level. So we kept undertaking our reconnaissance mission to see if we could find another high denomination machine.

    After identifying three possible machines at the high limit $25 max coin (all others had the ineligible sticker), we walked up to the same African Diamond machine again. Lo and behold -- it was unmanned. We scrambled up the machine like a five year old runs to the gifts piled under the X-Mas tree on Christmas morning. I pressed the denominations button and to my glee saw that went from: 1 cent - 2 cent – 5 cent – 25 cent – 50 cent -- $1 per unit. With 15 lines and up to 10 coins per line, we found the long sought up to $150 per play machine! Looking over my shoulder in fear of an angry old lady demanding I step away from “her machine”, I quickly slipped into the seat and told my wife to sign up for a players card to join the promo while I played a twenty dollar bill to keep it occupied. Lucky for us (as well as any old lady claiming my prize) no one approached. I felt somewhat like Gollum of the Lord of the Rings hoping that no one takes “my precious” ring.

    The Las Vegas Advisor had suggested that people note the machine number then ask the slot club (located at the casino cage) it that particular machine was eligible. My wife briefly agonized about this as we feared that if we asked the Riviera about this particular machine they might ask too many questions about our unexpected curiosity about this African Diamonds machine. (Did I previously mention that I was feeling the paranoia of Gollum?) We eventually decided that my wife would ask generally whether any video slots without the “ineligible sticker” would be OK for the promo. When she asked, the answer was “yes.” Then the boothing and wife had the following exchange:

    Boothling (while looking at Wife’s ID): “Do you know (fill in husband’s name here)”?

    Wife: “Why yes, he is my husband.”

    Boothling: “Well he is already on the player’s club system so he cannot do the Rebate offer although you can.”

    Wife (fully aware that I have never been in the Riviera in the last four years): “I would expect that he was in the system because he loves playing here all the time.”

    Boothing (with no evident sarcasm): “Well, thank him for his patronage.”

    Meanwhile I was at the machine playing 30 cents a spin and hit a bonus round – winning a whole $4.00. It made me feel somewhat like getting a royal flush on one coin at the nickel level. Eventually Wife rejoins me and she sticks a $100 bill and I put one in too. Although I up to now I had expected to push the $1 unit at $150 a spin, I had a sudden lack of heart and put it at 50 cents or $75 a spin. After three spins we had little left and decided to put in another three Benjamins. We decided that if we lost a total of $500 here, we would try out luck at the high limit slots. But before we pressed again, my wife said $75 is too much per spin as we only have a handful of spins in this machine. So we reset it for 25 cents a unit for 150 coins or $37.50 per spin.

    The very next spin, along with jungle drums playing, three images of the continent of Africa come up –black with gold trim – we hit the bonus! In that bonus round you get 10 free spins after you press the “free spin” button. My wife hits the button and the first free spin yields – “nada” as does the second free spin. But surely the third free spin must mean some significant money, right? Actually the answer is “wrong.” Just as I was losing faith in this illusory “bonus round” a bunch of gorillas appear. After the series of spins we end up winning something over $500. When the machine quiets down, we have $875.50 in credits.

    We now have won net $355.50 (I trust you haven’t forgotten my original twenty). Wife is all for going to the high limit and trying out luck with “the other $500”. I have to explain that we actually are in a “loss rebate” promo and not a “free play” promo and so need to lose all $355.50 before we break even. She quickly grasps this concept (at least by now). We decide to cash out and take the profits.

    Epilogue: At the strip casino we stayed at, Wife subsequently put $100 into another African Diamonds game and gets zilch.

    Thanks for reading.

    FAB

  14. #14
    Originally Posted by Alan Mendelson View Post
    Originally Posted by mickeycrimm View Post
    Originally Posted by jbjb View Post
    It does come in free play of two separate increments.
    If that's the case then the cost is dependent on the best game you have to run off the freeplay. It's still a very cheap shot at a big hit.
    It's not a cheap shot.

    First of all, to get the $500 of free play you have to lose $500. Then it's a gamble whether or not on the next TWO trips, you will even make back the original $500 you lost.

    Frankly, I would use this if I were a local but I would still try to win on my initial $500. Why would you play to lose to get $500 in free play later on two trips that you'll maybe get 99% return on? Sounds stupid.
    Same for me. I've said before that I'm not big on these things. Too many things can go wrong.

  15. #15
    Well, you try to win on the first day. If I remember the Cosmo promo correctly, they initially allowed you to sign up and play Day One. If you won, you could delay your $100 rebate until Day Two or whenever you finally had a losing day. They did veto that pretty quickly.

  16. #16
    Cosmo and Casuarina were the only 2 I know of that rebated the loss on the same day.

  17. #17
    Originally Posted by mickeycrimm View Post
    Originally Posted by Rob.Singer View Post
    That said, these slot loss rebate programs are a big waste of time. You go in hoping you'll lose, then on the rebate you hope you'll win. How stupid. Wise up.
    Wrong again, bison breath. Rob, your severe lack of gambling knowledge is really showing here. On a promo like this you play a high variance game, like your game, Rob, Triple Bonus Poker. Or if it's slots play something like a 10X Pay. You have a free chance at hitting something big. If you do, cash out. If you don't hit anything then stop at the $500 loss and take the rebate. It's a total freeroll, Rob. Wise up.
    Only a dumbass drunk like you would split hairs on the details of this rebate nonsense. Playing any hi-variance game--megabucks included, genius--with the initial $500 only makes the money disappear faster, or if you get lucky with at least $500 in winnings then you didn't need the rebate promo in the first place. Where you AP addicts get roped in on these things are obviously by being compelled to return over and over for the rebate in free play after you lose. You think the casinos are stupid? They KNOW AP's can't help themselves but to come back and sit there playing thru their free play, their cash advance limits, and their royals because they know every one of them is a problem gambler.

    You need to chew on more mint.

  18. #18
    Originally Posted by mickeycrimm View Post
    Originally Posted by Alan Mendelson View Post
    It's not a free roll. You don't receive cash. You receive free play. Wise up.
    Read the invitation, Alan. It says reimbursement up to $500. It doesn't say anything about freeplay. Wise up.
    This screw-up by "expert mickey" is simply because he has no experience with these things and he can only go by what fabricating liars like "Tuna" convey to him in his dreams.

    He is nowhere near wise.

  19. #19
    Originally Posted by Rob.Singer View Post
    Originally Posted by mickeycrimm View Post
    Originally Posted by Alan Mendelson View Post
    It's not a free roll. You don't receive cash. You receive free play. Wise up.
    Read the invitation, Alan. It says reimbursement up to $500. It doesn't say anything about freeplay. Wise up.
    This screw-up by "expert mickey" is simply because he has no experience with these things and he can only go by what fabricating liars like "Tuna" convey to him in his dreams. He is nowhere near wise.
    Rob, I can understand Alan not knowing these things but you pass yourself off as a pro and don't even know how to work a loss rebate. Your vehemence against it is a monument to your stupidity.

    Who cares if its cash or freeplay? With a game like 7/5 Bonus Poker the $500 freeplay would have an expectation of $490. But Alan is right, it comes with variance. If you hit a couple of quads you will probably cash out more than $500. If you don't hit a quad you will probably cash out around $400. But who said you have to play video poker. If you read Fabsimonte's post you seen where the Riviera had disqualified video blackjack from running off freeplay. There's a reason for that. The Riviera was sharp enough to put it in their rules but most casinos aren't.

    The classic video poker games have variances ranging from about 20 to about 50. But blackjack has a variance of only 3. There are no longshot hands to hit in blackjack so it's low variance. Even a game that pays even money on blackjack has a 97% return. That would be $485 in expectation on $500 in freeplay. If you bet $1 per hand you will cash out very close to that $485 in expectation, maybe a little ahead, maybe a little behind. And its not that time consuming. I can do 500 hands in about half an hour.

    Load $500 into a 3-coin $1 10X PAY machine. If you hit something big that puts you, say, $800 ahead, then cash out and go home. If you don't hit anything big then you will probably make at least a few hundred spins to lose the $500. But all it's costing you is $15.

    I will gladly pay any casino anywhere in the United States $15 to make 300 free spins on a 3-coin $1 10X PAY machine. I will do it ten times a day if they will let me. And I will do it everyday.

    And you, Rob, can stay ignorant and hard-headed for the rest of your life.

    Now, someone needs to check the rules to see if the M has video blackjack disqualified from freeplay.

  20. #20
    Originally Posted by mickeycrimm View Post
    Who cares if its cash or freeplay?
    Are you kidding? It makes all the difference in the world cash or free play.

    I'd go to any casino with a loss rebate in cash. THAT is an advantage play because it's NO risk.

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