Getting comps in Vegas

C

clouds

Member
#1
#1
Hi all,

I would like to know your insight about how the comp system works out in Las Vegas. Specifically the MGM Grand chain since it's comp card is affiliated with most of the other casinos on the strip. I heard it's something like 15% of your money back, but would like to be certain. I only stick to blackjack and my max bet is 2 hands of 600.

Thank you in advance for answering! :)

clouds
 
Pro21

Pro21

Well-Known Member
#2
#2
I think you mean 15% of your "theoretical loss" back.

It works "something" like this but this is not exact.

They figure they are winning 2% of your bet so 2% of $600 is $12 per hand times 50 hands per hour = $600 per hour. They then will return in comps 15% of that or $90 per hour in comp value. Remember these comp dollars are retail rate so they may charge you $250 or $300 per night for that comp room.

If you are betting that much you have a good chance of getting your airfare reimbursed so be sure to talk to your host about that at the end of your trip. They will be much more likely to do this if you lose, and you may also get your wife's airfare as well. If you have 100k line or put up 100k front money you should also talk to the host ahead of time about a loss rebate if you have a bad trip.

If you don't have a copy of Comp City you should read it.
 
Pro21

Pro21

Well-Known Member
#4
#4
shadroch said:
If you are betting that much, you'll get all the comps you want.
Click to expand...
That is not quite true. You will get all the "soft comps" you want.
Soft comps are things like rooms and food, and you will have no problem there.
Hard comps are things like airfare, loss rebates, cash. Those are harder to get and require some negotiations with your host.
 
C

clouds

Member
#6
#6
I should also note, that I am a CCer, and I only bet 2 hands of 600 when TC is high (5+), and we all know that isn't often.

Does that change things in regards of comps?

Cheers!
 
Pro21

Pro21

Well-Known Member
#7
#7
It is based on your average bet. You should make some large bets when you first start playing so your average looks higher. Again - if you haven't read Comp City it is worth your time.
 
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