Comments on: How Others Do It https://www.lasvegasadvisor.com/frugal-vegas/how-others-do-it/ A Las Vegas Advisor Blog from the "Queen of Comps" Wed, 15 Apr 2020 18:17:26 +0000 hourly 1 https://wordpress.org/?v=4.7.4 By: LEE BABY https://www.lasvegasadvisor.com/frugal-vegas/how-others-do-it/comment-page-1/#comment-41288 Sun, 15 Sep 2013 04:42:26 +0000 https://www.lasvegasadvisor.com/frugal-vegas/?p=3140#comment-41288 < ]]> By: George Mikutowicz https://www.lasvegasadvisor.com/frugal-vegas/how-others-do-it/comment-page-1/#comment-41267 Tue, 10 Sep 2013 21:45:44 +0000 https://www.lasvegasadvisor.com/frugal-vegas/?p=3140#comment-41267 Comps Shmomps. The only way to stay ahead financially is to only play the games and at the casinos where the dollars in the monthly mailers more than compensate you for the losses in the game you are playing.VPfree2.com will tell you where the best games are and experience will tell you who has the best mailers. Without that, unless you are playing FPDW, you are guaranteed to eventually go broke no matter how rich you may be at the start.

For the occasional visitor who comes to Vegas couple times a year Jean Scott’s books will tell you how to spend less while enjoying your visit more.

George

]]> By: Kevin Lewis https://www.lasvegasadvisor.com/frugal-vegas/how-others-do-it/comment-page-1/#comment-41261 Sun, 08 Sep 2013 18:04:26 +0000 https://www.lasvegasadvisor.com/frugal-vegas/?p=3140#comment-41261 Quote: \…we have never counted comps as part of our EV…\ What you meant, of course, was that comps only have value insofar as you actually use them. \I wouldn’t say you aren’t an advantage player IF…\; you mentioned losses, not theoretical losses–you might have meant to say theoretical, not actual. And not everyone knows your methodology forwards and backwards. For this reason, if you misstate something, not every reader is going to say \I know she really means…\ My point, which seems to have gotten lost in the shuffle, was that there is an element of subjectivity to EV; a play could be profitable for someone like Mr. Hard Rock but not for you (or me), which is why I reacted to your surprising statement that you have never counted comps as part of your EV.

]]> By: Nancy Turnage https://www.lasvegasadvisor.com/frugal-vegas/how-others-do-it/comment-page-1/#comment-41258 Sun, 08 Sep 2013 09:16:40 +0000 https://www.lasvegasadvisor.com/frugal-vegas/?p=3140#comment-41258 Question for Mickey. I found your comment to Jean most interesting. I do not understand the following sentence. Would you please explain. “I would only play with an advantage.”

]]> By: queen of comps https://www.lasvegasadvisor.com/frugal-vegas/how-others-do-it/comment-page-1/#comment-41257 Sun, 08 Sep 2013 03:48:21 +0000 https://www.lasvegasadvisor.com/frugal-vegas/?p=3140#comment-41257 Kevin, you ARE belaboring the point. Read again my last comment on this. I DISAGREED with his statement that he wasn’t an advantage player. And when I said “losses” I was meaning theoretical ones. Everyone knows I use EV to evaluate a play and that means the theoretical value of the game, the added promotions, and the comps if you are using them – all theoretical percentages which you add together.

]]> By: Kevin Lewis https://www.lasvegasadvisor.com/frugal-vegas/how-others-do-it/comment-page-1/#comment-41256 Sat, 07 Sep 2013 23:00:18 +0000 https://www.lasvegasadvisor.com/frugal-vegas/?p=3140#comment-41256 Jean: not to belabor the point, but though he said that he wasn’t an advantage player “under the conditions” he described, he’s actually wrong about that–he IS an advantage player, assuming his comp values exceed his theoretical losses. And you were incorrect to mention his “losses”; actual losses can’t be controlled, only theoretical losses. His play should be evaluated whether he hits five royals or gets hammered for $5000–in terms of his net theo. I would also hasten to point out that comps have value (though that value may vary from player to player) and therefore should be considered as part of overall return, in the context of evaluating a play. Your stated discounting of comps for your own use doesn’t mean that they are any less valuable for players in general; in fact, they are a significant, even a primary, source of EV, and many plays would not be +EV without considering them. It might be easier to reach advantage play, in fact, if you’re a visitor, since room comps have little to no value for a local resident.

]]> By: Talaina Cummins https://www.lasvegasadvisor.com/frugal-vegas/how-others-do-it/comment-page-1/#comment-41255 Sat, 07 Sep 2013 17:51:45 +0000 https://www.lasvegasadvisor.com/frugal-vegas/?p=3140#comment-41255 Hi Jean-
I’m coming to Vegas for several days, flying in on 9/30/13, can’t wait! We’ll be staying at the Fremont for 3 days(for free). Yay! My friend Andrea likes to play BJ, and I like to play craps. But since I lost mostly playing craps last year, even with low minimum tables, we’ll both be playing some VP. Would you recommend O, or KA, if we chose just one show? We want to go visit Dave Mull’s Meats, after seeing it on the Triple D show. It would be lots of fun to run into you, thanks for the articles. 🙂

]]> By: jack potts https://www.lasvegasadvisor.com/frugal-vegas/how-others-do-it/comment-page-1/#comment-41254 Sat, 07 Sep 2013 15:33:23 +0000 https://www.lasvegasadvisor.com/frugal-vegas/?p=3140#comment-41254 The bottom line is u have to have a big bankroll to even have a chance at the Casino. It’ s not worth it. With the bean counters running the Casinos even if u play modestly it’s hard to get a comp. The best advice is just play the best game and hope to win.

]]> By: queen of comps https://www.lasvegasadvisor.com/frugal-vegas/how-others-do-it/comment-page-1/#comment-41253 Sat, 07 Sep 2013 07:16:59 +0000 https://www.lasvegasadvisor.com/frugal-vegas/?p=3140#comment-41253 Kevin, re-read what I said about the Hard Rock player. He said he wasn’t an advantage player but I disagreed.

]]> By: Kevin Lewis https://www.lasvegasadvisor.com/frugal-vegas/how-others-do-it/comment-page-1/#comment-41252 Sat, 07 Sep 2013 01:58:20 +0000 https://www.lasvegasadvisor.com/frugal-vegas/?p=3140#comment-41252 Jean, the methodology that got you started isn’t even possible today. You can’t play +EV quarter games and build any kind of significant bankroll any more, nor can you realize significant earnings. It used to be that you could play FPDW AND get generous mailers AND earn decent slot club points. You say you got more comps than you could use back in the day, so you discounted them. That’s because your inherent return on the games you played was already over 1%. Nowadays, comps, promos, mailers, etc. are the only things that make the vast majority of available plays +EV, and comps are so stingy that only a $5 player would earn more than he could use; with $1 and below players, it’s quite the opposite ($1 or less comps for every $1000 coin-in, and it’ll be quite a while before you even get a comped buffet, let alone a free room). The guy who plays -EV games at Hard Rock but receives MORE than his theoretical losses back in comps is playing +EV no matter how you slice it, and I’m surprised you would even hint otherwise. Room comps may not have much utility for you, but for a visitor who is coming to Vegas anyway, a room comp is worth exactly as much as the money he would have otherwise spent for accommodations. If his theo is less than the cost of the room, his play is definitely advantage play. Not all of us can afford the stratospheric levels of coin-in that you give the casinos; we have to pull and scratch to get anything significant, being less-than-10K-a-day-playing lowlife scum.

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