vpFREE2 Forums

Nice backdoor to Harrah's Reward Program

#1

When I was in Reno, I collected my monthly, bi-monthly, and weekly
welfare checks and placed the funds into my ongoing R&D budget (about
$15K to $20K a year). I spent a good amount of time looking into a
good tip at Harrah's reward program (this DOES NOT involved the
affinity credit card) and also spent time looking over the new gift
catalog -- the Macy or Visa gift card yields a comp rate of .05% or 5
basis points. Note, the comp rate is higher with multiple point days.

On the surface, Harrah's has full pay VP at $1 and higher so to become
a Diamond member requires $100K in action based on $10 per point and
at a expected loss of about $500. Becoming a Diamond member is
automatic once the 10,000 points are earned, and the benefits of being
a Diamond member are quite good. I also discover it possible to
become a Diamond member in as little as one day. Lastly, this back
door was quite an eye-opener since one can always redeem 200,000
points into $1,000 cash on certain days of the year.

Good luck.

#2

Yeah. It's called "Diamond in a Day." It's been around for years and
has been discussed on VP mailing lists ad nauseum.

Nice 'discovery.'

···

On 4/8/07, fordscks <jason_c_vp@yahoo.com> wrote:

On the surface, Harrah's has full pay VP at $1 and higher so to become
a Diamond member requires $100K in action based on $10 per point and
at a expected loss of about $500. Becoming a Diamond member is
automatic once the 10,000 points are earned, and the benefits of being
a Diamond member are quite good. I also discover it possible to
become a Diamond member in as little as one day.

#3

Yeah. It's called "Diamond in a Day." It's been around for years

and has been discussed on VP mailing lists ad nauseum.

Nice 'discovery.'

I am talking about racking up the 10,000 points in one day, which is
about $100,000 of action -- not a big deal if you are used to racking
over $100,000 in action in a day. That wasn't the main reason for my
post.

However, the backdoor method is very lucrative. This backdoor method
is INDEPENDENT of club status or "Diamond in a day" which I am not
interested in.

Thank you and have a nice day.

···

--- In vpFREE_Reno@yahoogroups.com, "King Fish" <vpkingfish@...> wrote:

#4

How do we do it?

What's the backdoor angle?

#5

--- In vpFREE_Reno@yahoogroups.com, "gintoniclime" <gintoniclime@...>
wrote:

How do we do it?

What's the backdoor angle?

It involving converting points for cash on certains days of the month.
The backdoor is getting the points at positive EV. Hope this helps.

You might considering sending a private e-mail to King Fisher since he
claimed he figured it out.

Good luck.