Coin In

I have heard many people discuss "coin in". I started my gambling life as a table player, have gradually turned to VP. I do still play both.How do players know their coin in is "x" per session, day or trip ?


Thanks, Darkstar

Find out how much coin-in is required to earn 1 point. Check how many points you earned for that session, day, or trip. Then do the math, lol.

It would be good for you to write down how many points that you started your session, date or trip with and then compare it to how many points you ended up with once you end your playing session and the difference is how many points you earned.

So for example, if it is $1 of coin-in per point and you run up 1,000 points in your playing session, that means that your coin-in was $1,000.

And do make sure that your card is properly inserted into the machine's card reader. With the opening message, you should at least usually see your name scroll by and how many points you have. Also, check the card reader out every once in a while to make sure that everything is still running smoothly. I say this because sometimes, something may have gone wrong -- like that you need to re-insert the card.

RecVPPlayer

If you use points for meals, make sure you add them to your total points to get an accurate coin in figure.

Its a good habit to record your points after each session.

Table play is much more difficult. It comes down to how many hours you play x your average bet x hands per hour x the house edge. That number is your "theo", the theoretical loss for your session. Your comps are then calculated by multiplying that number x some magic number. That magic number is the percentage they are willing to kick back to you for playing. It's magic because it can be different for each player. If you play $500 per hand the percentage could be higher than if you're playing $10 per hand. It's almost impossible to get a casino to cough up the formula. I've had much better luck talking to a host/ess and saying I want "this", how much play would you expect to get that?

This formula is easy to take advantage of. Bet more when the pitboss is watching you, sit out a few hands an hour and take an occasional smoke or bathroom break. Pit might have you rated as a $100 player when 80% of your bets are for much less and can be giving you credit for 60 hands an hour when you are only betting 35. He'll have you rated for 60X $100 an hour or $6,000 while in reality you have done closer to 45 x$50 or $2250, so you are getting rated at nearly 2/3rds more than you are actually playing.

Though I may do this somewhat, I think I am only fooling myself. These guys have been doing this stuff for 40 hours a week, 50 weeks a year for way longer than me. Guessing they catch most of that crap.

"This formula is easy to take advantage of. Bet more when the pitboss is watching you, sit out a few hands an hour and take an occasional smoke or bathroom break."

I'm a firm believer in this myself. If I'm extremely familiar with the pit I just ask them to make me look good on the rating card. You'd be suprised how often that works.

Or how often they make you FEEL good by saying whatever you want to hear.