I did a seach on "Loss Rebate" and did not find anything. AC Hilton
is offering a 100% refund of losses in April for new slot club
members. I believe that the limit is $1500. You get the rebate back
over 3 months and does not require play through, therefore there is no
risk.
What is the best strategy as this is a once and off, one day only
event?
CB is taken away from refund of losses.
Full pay games are $2/$5 JOB, 3 play $.25 JOB.
What is the best play here? Some have suggested hitting $5 JOB hard
seeking to make quick profit, which leads to the question, at what
point do you take the profit? We are normally $.25 (50%), $.50 (25%)
and $1 (25%) players. $5 is way out of our range for Bankroll
purposes, however we know losses will be refunded, so is that the best
play? Some have suggested finding a higher denomination, lower
varience slot machine (varience guestimated by looking at pay
schedules, ie game whose top pay is 100 x bet would theo lower
variance than 10,000 x bet.
Thanks in advance.
Game Choice In Loss Rebate
Jeffrey Schronce wrote:
I did a seach on "Loss Rebate" and did not find anything. AC Hilton
is offering a 100% refund of losses in April for new slot club
members.
What is the best strategy as this is a once and off, one day only
event?
Full pay games are $2/$5 JOB, 3 play $.25 JOB.
What is the best play here?Some have suggested hitting $5 JOB hard
seeking to make quick profit, which leads to the question, at what
point do you take the profit? We are normally $.25 (50%), $.50 (25%)
and $1 (25%) players. $5 is way out of our range for Bankroll
purposes, however we know losses will be refunded, so is that the
best play? Some have suggested finding a higher denomination, lower
varience slot machine (varience guestimated by looking at pay
schedules, ie game whose top pay is 100 x bet would theo lower
variance than 10,000 x bet.
I advocate one of two of two of the plays you mention, Jeff -- either
the $2 or the $5 JB.
···
------
Concerning your other options first:
The 3-play quarters isn't viable (BP, not JB). It doesn't present
sufficient variance to best take advantage of the potential play
upside and the game is weakly rated, meaning that you'll come away
with less in peripheral comps and supplemental offers.
You might go with the slot approach, but I'm heavily biased against it
(but admittedly, lack hard data from which to do a decent analysis of
it). I'll note that if you go this route, I'd push on the variance
front -- not look for moderate variance as your suggest. If there's
value to be found in this avenue it's going to be in the prospect for
a quick big hit. If you look to sustain play through lower variance
you lay yourself open to the ravages of inferior ER and an early
disappointing exit from the promotion. You might still score strongly
on the comp/mailer benefits though.
------
I lean to the JB alternatives because the strong ER gives you a better
chance of your $3K seeing you through to a nice hit. No doubt, I'm
revealing my conservative nature here as well.
The primary approach that yields the strongest prospect of walking
away with a good buck is to go for the $5 machines -- setting a
realistic stop-win target of, say, something like $1500-$3000.
Nailing a couple of quads early on could quickly send you on your way
whistling a sweet tune.
But there's the potential to convert earned comps 2:1 for gift cards
or, at times, cash (gift cards can, in themselves, be sold on eBay at
$.90 on the dollar). And subsequent cash promotions, selectively
redeemed in a run-off mode, have the potential to yield a very strong
sweetener. They occasionally come in at $250+. If you find the
property attractive, this is an excellent way to come in riding on a
dulcet tailwind.
These latter considerations give good reason to temper your approach
and go for the $2 machines. You stand a stronger chance of recording
a good day's play of $60k-$80K (provided you have the stamina 
An
added benefit of the $2 vs. $5 play is that a $5 SF will paper you
with a W-2G (but, all things considered, if you itemize and keep
decent records, that's typically a minor consequence).
There are lesser ER plays worth considering at $10+ that have their
merits if you're looking for an all-or-nothing experience For that
matter, some go straight for the $5 DDB.
I'll note the $2 machine may be a tough acquisition come this weekend.
It's the last weekend of this promo and their are only 2 machines on
the floor with the paytable.
- Harry
--- In vpFREE@yahoogroups.com, "Harry Porter" <harry.porter@...>
wrote:
Jeffrey Schronce wrote:
> I did a seach on "Loss Rebate" and did not find anything. AC
Hilton
> is offering a 100% refund of losses in April for new slot club
> members.
> What is the best strategy as this is a once and off, one day
only
> event?
> Full pay games are $2/$5 JOB, 3 play $.25 JOB.
> What is the best play here?
>
> Some have suggested hitting $5 JOB hard
> seeking to make quick profit, which leads to the question, at
what
> point do you take the profit? We are normally $.25 (50%), $.50
(25%)
> and $1 (25%) players. $5 is way out of our range for Bankroll
> purposes, however we know losses will be refunded, so is that
the
> best play? Some have suggested finding a higher denomination,
lower
> varience slot machine (varience guestimated by looking at pay
> schedules, ie game whose top pay is 100 x bet would theo lower
> variance than 10,000 x bet.I advocate one of two of two of the plays you mention, Jeff --
either
the $2 or the $5 JB.
------
Concerning your other options first:
The 3-play quarters isn't viable (BP, not JB). It doesn't present
sufficient variance to best take advantage of the potential play
upside and the game is weakly rated, meaning that you'll come away
with less in peripheral comps and supplemental offers.You might go with the slot approach, but I'm heavily biased
against it
(but admittedly, lack hard data from which to do a decent analysis
of
it). I'll note that if you go this route, I'd push on the variance
front -- not look for moderate variance as your suggest. If
there's
value to be found in this avenue it's going to be in the prospect
for
a quick big hit. If you look to sustain play through lower
variance
you lay yourself open to the ravages of inferior ER and an early
disappointing exit from the promotion. You might still score
strongly
on the comp/mailer benefits though.
------
I lean to the JB alternatives because the strong ER gives you a
better
chance of your $3K seeing you through to a nice hit. No doubt, I'm
revealing my conservative nature here as well.The primary approach that yields the strongest prospect of walking
away with a good buck is to go for the $5 machines -- setting a
realistic stop-win target of, say, something like $1500-$3000.
Nailing a couple of quads early on could quickly send you on your
way
whistling a sweet tune.
But there's the potential to convert earned comps 2:1 for gift
cards
or, at times, cash (gift cards can, in themselves, be sold on eBay
at
$.90 on the dollar). And subsequent cash promotions, selectively
redeemed in a run-off mode, have the potential to yield a very
strong
sweetener. They occasionally come in at $250+. If you find the
property attractive, this is an excellent way to come in riding on
a
dulcet tailwind.
These latter considerations give good reason to temper your
approach
and go for the $2 machines. You stand a stronger chance of
recording
a good day's play of $60k-$80K (provided you have the stamina
An
added benefit of the $2 vs. $5 play is that a $5 SF will paper you
with a W-2G (but, all things considered, if you itemize and keep
decent records, that's typically a minor consequence).There are lesser ER plays worth considering at $10+ that have their
merits if you're looking for an all-or-nothing experience
that
matter, some go straight for the $5 DDB.
I'll note the $2 machine may be a tough acquisition come this
weekend.
It's the last weekend of this promo and their are only 2 machines
on
the floor with the paytable.
- Harry
Thanks Harry!
Quick question. You state that 3 play BP at $.25 does not present
enough variance, yet BP has higher variance than JOB. I assume it
is the higher denomination, thus lower trials per bankroll that is
creating higher variance, versus $.25 BP which would have many more
trials thus smoothing out variance. (I think I just answered my
question).
I hate slots as well, but the chance of higher jackpots has its
allure. Plus I can drink like a fish at the same time! LOL!
Seriously, I have never set foot on the property and I guess I will
determine my need to establish a relationship there. Some are
stating that AC Hilton will go down hill with tightening due to
management change. You do make a valid point of considering $2 game
if I wish to build a relationship versus burn and churn.
Jeffrey Schronce wrote:
Thanks Harry!
Quick question. You state that 3 play BP at $.25 does not present
enough variance, yet BP has higher variance than JOB. I assume it
is the higher denomination, thus lower trials per bankroll that is
creating higher variance, versus $.25 BP which would have many more
trials thus smoothing out variance. (I think I just answered my
question).
Yep, that's a fair statement.
When comparing plays with different wagers, the typical measure of
variance that's tossed around (based on unit bets, without reference
to bet size) is inadequate in expressing the relative volatility of
the two plays. Let's call this variance value "bet variance" -- it
expresses, in betting units, the relative bankroll swing you can
anticipate over the long run.
To get a sense of the actual $ fluctations to which you can expect to
be exposed, you need to scale the variance by multiplying it by your
wager per bet.
If you were comparing single line $1 Jacks with $2 Jacks, the $2 play
would have twice th value -- makes sense. Using this method to
compare different games ($2 JB vs $1 BD, e.g.) should be effective in
giving you a rough feel for what to expect.
Performing a comparison of single line against multiplay introduces a
complexity. As I discussed in a separate thread, you can reference
Jazbo Burns' n-play article to calculate a variance value (in bets)
for n-play and then scale for total wager.
But, as I noted, this comparison would be vulnerable to some
distortion vs. the actual situation in the short term for the two game
types. The relationship of long term vs short term bankroll
fluctuations is different for single play vs. multiline -- so the
comparison is weakened accordingly.
- Harry
Jeffrey Schronce wrote:
...
Full pay games are $2/$5 JOB, 3 play $.25 JOB.
What is the best play here? Some have suggested hitting $5 JOB hard
seeking to make quick profit, which leads to the question, at what
point do you take the profit? We are normally $.25 (50%), $.50 (25%)
and $1 (25%) players. $5 is way out of our range for Bankroll
purposes, however we know losses will be refunded, so is that the best
play? ...
···
========================================
I think this is a great opportunity to put $1500 in a DDB or TBD $5
machine, set a goal of $2500-$3000, and have fun. I think there's
about a 15% chance you'll make it, and if you don't, who cares?
Forget playing JoB on this one...save that for your normal play.
Jeff