Like most casinos, the bounceback formula is a closely guarded secret. Why? Because every formula has a range of values. As good consumers, we want to be at the top of the range. The casinos, like profit seeking businesses, want us to be at the low end of the range. The whole reason bounceback came to be was that casinos figured that instead of giving you more cashback as you play, they could give the same amount ( or a little more) in bounceback and make you come back several times. Also, the redemption rate on bounceback is much, much less than cashback. Also the rules are different.? Bounceback is treated more like a comp ( casino property) instead of cash ( player property). Even if you are booted out a casino, you can redeem your cashback.
The only way to figure out the bounceback is to keep very good records and have a lot of people compare notes. Yes, it is a lot of work.
On a different topic, I cashed in my $5 American Casino Guide coupon ( get $5 when you earn 150 points). Greektown is one of the very few casinos that actually requires you to have the ACG card that comes with the book to cash the coupon. C'mon, it's a stinking $5 for $3000 coin in or a whopping 0.167% . If Greektown has to hawk a $5 coupon that closely, the cash flow is much worse than I thought.
Finally, I was playing poker last night and was talking to my buddy sitting next to me. I was making a point, my left hand moved out in front of me as the dealer dealt the cards and it hit my hand. The dealer finished dealing, came back to me and then yelled ( gently) at me for not telling him the card was exposed. That's his job. Then he said I should have to keep the card because exposing the card was my fault. I have never heard that rule in any card room anywhere. I could see if I received the cards and then exposed one because I didn't like it but that wasn't the case. Also, the card never hit the felt. It went from his hand, in the air to my hand. It's his job to make sure the cards are delivered properly.? He did say he would check on the rule, but never did.
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