Originally Posted by AxelWolf View Post
Originally Posted by redietz View Post
Originally Posted by AxelWolf View Post
You can still put a value on it, you just have to figure out what the odds of that happening are.

Even with real money or money in the bank there is a chance something can happen to it, so do you put less value on it untill it's spent? I would not agrue with you if you said yes.
Point taken, but I'm insured with most banks. The bottom line is that I've had stashed (already earned) dollar amount of comps dramatically reduced without warning in the past, so it's something in my experience that is much more likely than a bank failure not backed by the feds. Had I been relying on my assumptions regarding comp values in the decisions (and math) of whether to play, these instances would have rendered my math and decisions to play wrong. That would have all been on me.
What kind of comps are we talking about? If you are talking RFB comps, I put very little value on that kind of stuff. It's just icing on the cake.
They were RFB comps, which (if I were putting a value on them) I'd probably assign 30-35%, even though I would have used them. But I didn't assign anything. Now RFB seems like nothing, but when people got docked thousands in RFB, then that was an issue. I don't have all of the details yet, but in a different, recent situation, it appears to me that WestGate has begun putting an expiration date on RFB comps earned at the sports book. Either that or they just retroactively reduced stuff. Anyway, the point is that nobody sent me an email or gave me a call saying, "Your comps now have an expiration date" or "We just reduced your stashed comps." Previously, there was no expiration, but any rules are at the discretion of management. So that's a kick in the behind. Really, I have no interest in being the guy who calls each sports book every week to see if their comp policy is changing.

Free play and RFB abide by the same rules, don't they? They can be revoked or reduced at any time. And you can be singled out for revocation based on your individual characteristics if management chooses.