{"id":194,"date":"2013-06-23T12:50:00","date_gmt":"2013-06-23T12:50:00","guid":{"rendered":"http:\/\/gwae.apps-1and1.com\/dont-revel-in-your-loss-rebate"},"modified":"2016-06-30T21:43:37","modified_gmt":"2016-06-30T21:43:37","slug":"dont-revel-in-your-loss-rebate","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/gambling-with-an-edge\/dont-revel-in-your-loss-rebate\/","title":{"rendered":"Don&#8217;t Revel in your loss rebate"},"content":{"rendered":"<p>The internet is all aflutter with the announcement by Revel Hotel-Casino in Atlantic City, that for the month of July they are offering a 100% loss rebate up to $100,000. That&#8217;s right, 100% on 100k. The offer applies to action on slots, video poker, and electronic table games. There are threads on Wizard of Odds, VPfree, and several blackjack sites. I am sure that casino consultants will weigh in very shortly.<!--more--><\/p>\n<p>Before you get too excited you should know that to collect this rebate you receive 5% of your loss back each week for 20 weeks. You may be able to do this in 10 trips if say the new week begins on Monday you can schedule your trips so that on Sunday you collect for week 1, and then after midnight collect for week 2. But this would still mean making 10 trips to AC.<\/p>\n<p>But there is a bigger problem. Casinos often have promotions that give away money. They often cost themselves more than they realize, and many players take advantage of these promotions. Usually when they stick their foot in it they lose 6 figures, maybe into 7 on a really bad one. This promo has the potential to cost them <u>tens of millions of dollars<\/u>. There is a long history of casinos changing the rules in the middle of a promo, or even after the fact. Every player faces the danger of the casino suddenly saying, &#8220;We changed our mind, Video Poker doesn&#8217;t count,&#8221; or &#8220;Sorry, we didn&#8217;t mean those slot machines that you played, it was only for these that you didn&#8217;t.&#8221; On the flyer I read it said, &#8220;See the Revel card desk for details.&#8221; I haven&#8217;t been able to find any additional details online. So if you live fairly close to AC and want to give it a shot, by all means. Just don&#8217;t expect this to be a walk in the park.<\/p>\n<a class=\"synved-social-button synved-social-button-follow synved-social-size-48 synved-social-resolution-single synved-social-provider-facebook nolightbox\" data-provider=\"facebook\" target=\"_blank\" rel=\"nofollow\" title=\"Follow us on Facebook\" href=\"https:\/\/www.facebook.com\/lasvegasadvisor\" style=\"font-size: 0px; width:48px;height:48px;margin:0;margin-bottom:5px;margin-right:5px;\"><img alt=\"Facebook\" title=\"Follow us on Facebook\" class=\"synved-share-image synved-social-image synved-social-image-follow\" width=\"48\" height=\"48\" style=\"display: inline; width:48px;height:48px; margin: 0; padding: 0; border: none; box-shadow: none;\" src=\"https:\/\/www.lasvegasadvisor.com\/gambling-with-an-edge\/wp-content\/plugins\/social-media-feather\/synved-social\/image\/social\/regular\/96x96\/facebook.png\" \/><\/a><a class=\"synved-social-button synved-social-button-follow synved-social-size-48 synved-social-resolution-single synved-social-provider-twitter nolightbox\" data-provider=\"twitter\" target=\"_blank\" rel=\"nofollow\" title=\"Follow us on Twitter\" href=\"https:\/\/twitter.com\/LVA_Tweet\" style=\"font-size: 0px; width:48px;height:48px;margin:0;margin-bottom:5px;margin-right:5px;\"><img alt=\"twitter\" title=\"Follow us on Twitter\" class=\"synved-share-image synved-social-image synved-social-image-follow\" width=\"48\" height=\"48\" style=\"display: inline; width:48px;height:48px; margin: 0; padding: 0; border: none; box-shadow: none;\" src=\"https:\/\/www.lasvegasadvisor.com\/gambling-with-an-edge\/wp-content\/plugins\/social-media-feather\/synved-social\/image\/social\/regular\/96x96\/twitter.png\" \/><\/a><a class=\"synved-social-button synved-social-button-follow synved-social-size-48 synved-social-resolution-single synved-social-provider-youtube nolightbox\" data-provider=\"youtube\" target=\"_blank\" rel=\"nofollow\" title=\"Find us on YouTube\" href=\"https:\/\/www.youtube.com\/c\/LasVegasAdvisorSHOW\" style=\"font-size: 0px; width:48px;height:48px;margin:0;margin-bottom:5px;margin-right:5px;\"><img alt=\"youtube\" title=\"Find us on YouTube\" class=\"synved-share-image synved-social-image synved-social-image-follow\" width=\"48\" height=\"48\" style=\"display: inline; width:48px;height:48px; margin: 0; padding: 0; border: none; box-shadow: none;\" src=\"https:\/\/www.lasvegasadvisor.com\/gambling-with-an-edge\/wp-content\/plugins\/social-media-feather\/synved-social\/image\/social\/regular\/96x96\/youtube.png\" \/><\/a><a class=\"synved-social-button synved-social-button-follow synved-social-size-48 synved-social-resolution-single synved-social-provider-instagram nolightbox\" data-provider=\"instagram\" target=\"_blank\" rel=\"nofollow\" title=\"Check out our instagram feed\" href=\"https:\/\/www.instagram.com\/lasvegasadvisor\" style=\"font-size: 0px; width:48px;height:48px;margin:0;margin-bottom:5px;\"><img alt=\"instagram\" title=\"Check out our instagram feed\" class=\"synved-share-image synved-social-image synved-social-image-follow\" width=\"48\" height=\"48\" style=\"display: inline; width:48px;height:48px; margin: 0; padding: 0; border: none; box-shadow: none;\" src=\"https:\/\/www.lasvegasadvisor.com\/gambling-with-an-edge\/wp-content\/plugins\/social-media-feather\/synved-social\/image\/social\/regular\/96x96\/instagram.png\" \/><\/a>","protected":false},"excerpt":{"rendered":"<p>The internet is all aflutter with the announcement by Revel Hotel-Casino in Atlantic City, that for the month of July they are offering a 100% loss rebate up to $100,000. That&#8217;s right, 100% on 100k. The offer applies to action on slots, video poker, and electronic table games. There are threads on Wizard of Odds, [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[2,3],"tags":[41,60,85,120,171],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Don&#039;t Revel in your loss rebate - Gambling With An Edge<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lasvegasadvisor.com\/gambling-with-an-edge\/dont-revel-in-your-loss-rebate\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Don&#039;t Revel in your loss rebate - Gambling With An Edge\" \/>\n<meta property=\"og:description\" content=\"The internet is all aflutter with the announcement by Revel Hotel-Casino in Atlantic City, that for the month of July they are offering a 100% loss rebate up to $100,000. That&#8217;s right, 100% on 100k. The offer applies to action on slots, video poker, and electronic table games. 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