Recently, a poster on the vpFREE forum discussed his belief about casino promotions and that they were geared to make gamblers lose more. And then he asked, “Doesn’t everyone think so?”
At first, I thought this person was all wrong So I started writing the following: No, I don’t think this way and neither does any wise advantage player. Here is what I do: I evaluate a play by adding the EV of the game to all the extra benefits, including slot club points, free play, and promotions. (Some people add the value of comps, which is fine in many cases, but our personal choice is not count them, only cash or cash-equivalent benefits. We consider them “gravy.”) This total must be over 100% in order for us to play. Most games are now under 100% and you MUST use promotions/extra benefits to find a good play.
However, I stopped writing there and started thinking about how some people might get in trouble even if they always choose 100%+ games. Continue reading →