I may be mixed up on details, but I think you have a point that it's a big dropoff from 0.3% (HE) NSUD to 1.1% Ugly Ducks. It sounds like he could have found something else in the middle such as Bonus Poker. He may have prioritized either simplicity (staying with a familiar type of game) or fun.
Other than that, I don't see a problem. As a visitor primarily betting sports, he needed to secure free hotel, and Boyd was reliable in that crucial aspect. Point value on multiplier days recouped most of the expected loss. Probably the minimum was 7x (0.7%), and senior days had additional benefits such as drawings and food. Plus mail value.
AP's do a cost/benefit analysis of whether to do what redietz did.
The play cost redietz a lot more than $300 a year. An AP always does a cost/benefit analysis.
In those days you could buy rooms for $30 a night, even less. A theorietical loss of $300 equates to paying about $10 per night for the room and $5 for the meal. In those days meals were cheap.
For some reason ditz has a problem with "theoretical." But theoretical is the up front measurement of what you are doing. It's the guide that is used. But redietz also has another problem. He doesn't know how to measure his EV. Evidently, he doesn't know what his time is worth in other spots. AP's don't have that problem.
Here's how AP's think:
"60 hours of video poker play per year will cost me $300 and it will get me 24 room nights and a dozen meals. The rooms are worth about $30 a night so that's a cost of about $720 and the meals might be worth $100. So it's about a $520 value when you deduct the $300 cost.
520/60 = about $9 per hour. So maybe there was some cashback factored in. So maybe it was worth $10 to $15 per hour.
Meanwhile, in the other casinos, I was worth $50 (about what it was worth to me in those days) an hour working advantage slots. However, comp was very skimpy there. Didn't get jackshit. At 60 hours that's $3000.
So running that comp at Gold Coast would actually cost me about $2300 in lost revenue. This is how AP's think.
Another thing about the room offers. For low rollers they pretty much come in 2-day packages per month, the offer expires at the end of the month and another offer is sent out for the next month. So to use all 24 rooms nights one would have to make a trip to Vegas every month. I never seen redietz write about visiting Vegas more than a few times a year for about a week at a time.
So did redietz use all those room nights? The marketers say only about 20% of their offers get used. The same thing with cashback/freeplay. It's staggered to weekly release.
Rob Singer used to rail about playing for room and meal comp and calling it a win. I didn't tell him then because we were feuding but I pretty much agreed with him. It's generally a waste of time and money. I would take the $50 an hour and pay for the room.
I consider room/meal comp to be a by-product. I don't play for it. I play for the hourly rate. But if they send it I'll use it if it's convenient. I'm after the money not the free shit.
Last edited by mickeycrimm; 06-04-2024 at 11:43 AM.
Challenge to redietz. We bet every NFL regular season game. You make the picks. If you lay the fav I get 2 extra points. If you take the dog I get a 2 point discount. Easy pickings for you.
On that line, what would you recommend now?
Boyd implemented some adverse changes, dating back to late 2018. VP now requires double coin-in (0.05% base), and tier points are keyed to theo. Initially both Canneries stayed un-consolidated, but then in 2020, Eastside closed permanently, while original Cannery's slot club was folded into the Oh Brother ship.
Also in 2020, promos were slashed.
Palms, meanwhile, was assimilated into Stations, but now the California Indians are in control. I've heard decent feedback on comps and promos, but reported best game is only Bonus Poker. The good news there is it's available in multi-line.
Every one /everyone knows it all; yet, no thing /nothing is truly known by any one /anyone. Similarly, the suckers think that they win, but, the house always wins, unless to hand out an even worse beating.
https://www.youtube.com/watch?v=xsa6ojQcYXQ
Garnabby + OppsIdidItAgain + ThomasClines (or TomasHClines) + TheGrimReaper + LMR + OneHitWonder (or 1HitWonder, 1Hit1der) + Bill Yung ---> GOTTLOB1, or GOTTLOB = Praise to God!
Blog at https://garnabby.blogspot.com/
Every one /everyone knows it all; yet, no thing /nothing is truly known by any one /anyone. Similarly, the suckers think that they win, but, the house always wins, unless to hand out an even worse beating.
https://www.youtube.com/watch?v=xsa6ojQcYXQ
Garnabby + OppsIdidItAgain + ThomasClines (or TomasHClines) + TheGrimReaper + LMR + OneHitWonder (or 1HitWonder, 1Hit1der) + Bill Yung ---> GOTTLOB1, or GOTTLOB = Praise to God!
Blog at https://garnabby.blogspot.com/
No, the problem is no one else was offering 12 to 24 comped nights, a dozen comped meals, and various other things such as video poker tournament invites, for that amount of play.
There was no better (overall, as in reality-based) expectation.
Reality seems to be hard for some "APs" to grasp. There is a real, practical world out there.
P.S. Vic and Anthony's was stellar. Heading to see Love in 10 minutes.
The reality is the play was worth $10 or $15 an hour. So would I take time off from a $50 an hour play to go do it? No, that's stupid. You are taking a BIG CUT IN PAY.
There are a myriad of positive plays out there. AP's are always analyzing them to see where their time is best spent. Generally, the hourly rate holds the most concern. What the fuck are you doing on a $15 an hour play when there is a $50 an hour play next door. It's dumb.
In your case, redietz, maybe you didn't have better expectation elsewhere. I would have thought that pro sports bettors make more than $15 an hour. But maybe not.
Last edited by mickeycrimm; 06-04-2024 at 07:21 PM.
Challenge to redietz. We bet every NFL regular season game. You make the picks. If you lay the fav I get 2 extra points. If you take the dog I get a 2 point discount. Easy pickings for you.
Last edited by Garnabby; 06-04-2024 at 09:04 PM.
Every one /everyone knows it all; yet, no thing /nothing is truly known by any one /anyone. Similarly, the suckers think that they win, but, the house always wins, unless to hand out an even worse beating.
https://www.youtube.com/watch?v=xsa6ojQcYXQ
Garnabby + OppsIdidItAgain + ThomasClines (or TomasHClines) + TheGrimReaper + LMR + OneHitWonder (or 1HitWonder, 1Hit1der) + Bill Yung ---> GOTTLOB1, or GOTTLOB = Praise to God!
Blog at https://garnabby.blogspot.com/
Every one /everyone knows it all; yet, no thing /nothing is truly known by any one /anyone. Similarly, the suckers think that they win, but, the house always wins, unless to hand out an even worse beating.
https://www.youtube.com/watch?v=xsa6ojQcYXQ
Garnabby + OppsIdidItAgain + ThomasClines (or TomasHClines) + TheGrimReaper + LMR + OneHitWonder (or 1HitWonder, 1Hit1der) + Bill Yung ---> GOTTLOB1, or GOTTLOB = Praise to God!
Blog at https://garnabby.blogspot.com/
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