What's the best way to play the Cosmopolitan $100 offer

If I understand how this works the scenario will be...

1. Go to the Cosmopolitan and sign up for their Identity membership program.
2. Use the slot card to play slots and loose $100.
3. Go get $100 in "Identity play."


So, what now? Is using "Identity play" like having a $100 credit on the card? Since they're calling it "Identify play" I expect I can't just turn that into $100 cash but I must play it. Do I have to play all of it? What about money I win using the $100 credit? How and when do I cash out?

Thanks for the advice.

craigrow.........go to COMPS catergory

This thread at least 3 pages long with info about your question:

"Cosmopolitan reimburses first $100 slot loss..."

IMO - Play $1 vid poker hope to hit 4OAK b4 u lose the hundo. If not play vid poker .25 denom to minimize volatility and play it thru once then cash out.

Not sure our way is best but here is what we did.

Day 1 - My husband and I both started with $100 each. We played Sex and the City slots at the maximum $6 spin. Fairly quickly he turned his into $300 and stopped. I played for a pretty long time and ended up cashing out at $200. We left cosmo $300 ahead.

Day 2 - We went back and tried the same group of machines again. This time they weren't so good and we both lost the $100 fairly quickly. Then we both took our $100 Identity play and played $1 VP machine and cashed out slightly ahead (hubby $125 and me at $115).

We ended up being $340 ahead for the two trips there. We were pretty happy with that!!

Play $1 video poker. if you win, cash out, done.

If you lose $100 you go to the slot club and they put $100 free play on your card. try to maximize getting all of that $100 back

I played $1 video blackjack 1 coin

I played $1 VP and lost my initial. Got the $100 in identity play, played through it once on $0.25 VP, and ended up with $180.
I got a voucher for a free slot tournament due to my play and won $50 more in identity play. Made $60 off of that so a nice stop for me at the Cosmo.