vpFREE2 Forums

LVH - Chinese New Year Promo

Did anyone else receive the Chinese New Year Promo from the LVH? It
is vague and does not give much info regarding the "promotional
chips". The only details given..."After recording 4 hours of
tracked casino play at the Las Vegas Hilton, simply bring this
voucher...for validation". After validation, you are
given "promotional gaming chips".

Does anyone have more information? (i.e, What value are the chips?
Are they match play? Do you keep them until you lose them?, can 4
hours of VP count towards the rating period? etc.)

I'll get with my host when she is back in, but thought someone may
have some insight. Thanks.

The following post seems to have gone by the wayside ... at least I
never recall any replies. It concerns a LVH promo which could be
played either this last weekend or in mid-April.

I'm interested in any replies ... anyone got the scoop (or
participated this weekend)?

- Harry

todd_belsan wrote:

···

Did anyone else receive the Chinese New Year Promo from the LVH? It
is vague and does not give much info regarding the "promotional
chips". The only details given..."After recording 4 hours of
tracked casino play at the Las Vegas Hilton, simply bring this
voucher...for validation". After validation, you are
given "promotional gaming chips".

Does anyone have more information? (i.e, What value are the chips?
Are they match play? Do you keep them until you lose them?, can 4
hours of VP count towards the rating period? etc.)

I just booked yesterday for the April offer. I suppose if no one
responds, I will let you know in April, but it will be too late by
then. I see you can only pick up your chips on Saturday between 12 PM
and 8 PM. This is a strange offer, but the timing is good for us, and
we were just looking for the free rooms.

--- In vpFREE@yahoogroups.com, "Harry Porter" <harry.porter@v...>
wrote:

The following post seems to have gone by the wayside ... at least I
never recall any replies. It concerns a LVH promo which could be
played either this last weekend or in mid-April.

I'm interested in any replies ... anyone got the scoop (or
participated this weekend)?

- Harry

todd_belsan wrote:
> Did anyone else receive the Chinese New Year Promo from the LVH?

It

> is vague and does not give much info regarding the "promotional
> chips". The only details given..."After recording 4 hours of
> tracked casino play at the Las Vegas Hilton, simply bring this
> voucher...for validation". After validation, you are
> given "promotional gaming chips".
>
> Does anyone have more information? (i.e, What value are the

chips?

> Are they match play? Do you keep them until you lose them?, can

4

···

> hours of VP count towards the rating period? etc.)

hamstockman wrote:

I just booked yesterday for the April offer. I suppose if no one
responds, I will let you know in April, but it will be too late by
then. I see you can only pick up your chips on Saturday between 12
PM and 8 PM. This is a strange offer, but the timing is good for us,
and we were just looking for the free rooms.

I agree; it's a rather odd offer to send to slot players. There are
two things I'm particularly keen on:

It's been suggested to me that the promotional chips are of a type
retained by the dealer, win or lose (akin to a match play) -- only the
win is returned. That makes the chips worth only half their "face
value" if true.

Also, I'm interested in the denomination of the chips. I prefer not
exposing myself to a lot of variance on the table bets and want a
strong chance at coming away with something close to the value of the
promo. I'd like to play at near minimum stakes but I suspect the
chips are $25 or higher.

- Harry

I recieved the same offer and was disappointed it
wasn't cash like it used to be.

  I once recieved $25 in these promo chips on a
birthday promotion. They were $5 in denomination. I
took them to a roulette wheel and played $15 on red
and $10 on black. Red came up and I was paid $15 in
real chips and they took my promotional chips.

With this offer, I'd probably play $120 each on red
and black and $5 each on 0 and 00 just to make sure I
walked away with something.

If they are only offered in $25 denomination, I'd
probably just split them between red and black and
hope not to see 0 or 00 come up.

hamstockman wrote:
> I just booked yesterday for the April offer. I
suppose if no one
> responds, I will let you know in April, but it
will be too late by
> then. I see you can only pick up your chips on
Saturday between 12
> PM and 8 PM. This is a strange offer, but the
timing is good for us,
> and we were just looking for the free rooms.

I agree; it's a rather odd offer to send to slot
players. There are
two things I'm particularly keen on:

It's been suggested to me that the promotional chips
are of a type
retained by the dealer, win or lose (akin to a match
play) -- only the
win is returned. That makes the chips worth only
half their "face
value" if true.

Also, I'm interested in the denomination of the
chips. I prefer not
exposing myself to a lot of variance on the table
bets and want a
strong chance at coming away with something close to
the value of the
promo. I'd like to play at near minimum stakes but
I suspect the
chips are $25 or higher.

- Harry

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···

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P D wrote:

I recieved the same offer and was disappointed it
wasn't cash like it used to be.

  I once recieved $25 in these promo chips on a
birthday promotion. They were $5 in denomination. I
took them to a roulette wheel and played $15 on red
and $10 on black. Red came up and I was paid $15 in
real chips and they took my promotional chips.

Thanks for the feedback. A private response I received confirms that
these chips play only once. In other words, play a $25 chip and if
you win you receive $25 in "real" chips, but the promo chip is taken.
If you assume that you lose on half your bets, this makes the value
of the promo just 50% of the promo chips you receive (adjust for the
hold of the game if you want precision).

Of course, at least in my case, the offer I received was double the
amount of past cash promos so there's equivalent value here.

However, the report suggests that I might expect an equal number of
$25 chips and $100 chips (which can't be broken down). While the
email I received reported netting more than half of their received
promo chips after play, this is one case where I tend to weigh the
downside greater than the upside (of course, that's my attitude toward
gambling in general ... why do you think I find Jacks so "exciting" :wink:
I'll add that my limited table experience has produced an
uncomfortable number of 6-8 hand losing streaks.

So, I'd be a lot more excited about the promo if it were a cash one
(or you could redeem it in $10 chips ;). It might be worth inquiring
if, as a slot player, the promo could be redeemed at half face value
in cash. But my gambling pessimism kicks in here again.

Clearly this promo is intentionally structured this way ... a poor
decision when it comes to slot players in my book.

- Harry