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Peppermill regulars; How to use comp points?

A couple of questions for you Peppermill regulars.

I will be making my first visit to Reno early next month. I contacted
a host, who gave me a casino rate at the hotel, and telling me it
would take 6,000 to 7,000 coin-in a day would get the room comped.

1. If I put through that much action a day, does this mean I will be
able to keep and use ALL my comp points for food at the hotel's
resturants/gift shops?

2. I've heard some of you explain that when you get a marketing letter
for a free room, it usually states something like "Free room will be
charged to your comp account." If the answer to question #1 is 'YES',
does that mean you should ALWAYS go through a host to request a room,
rather than using the marketing offer?

Thanks,
Mike