Does anybody here know what formula does the casino use to offer match plays to player playing rated? It is required that the player have to lose a certain amount or is it how long one play? Lets take Harrahs for example.
Does anybody here know what formula does the casino use to offer match plays to player playing rated? It is required that the player have to lose a certain amount or is it how long one play? Lets take Harrahs for example.
Last edited by seriousplayer; 07-02-2014 at 05:32 PM.
It's based on your player stats like MDV (Market Daily Value) which is based on your game choice, skill rating, average bet, and time played as a daily average across every day that you create a trip. CZR's then enters all of that into their super secret proprietary formula which includes things like demographic info, where you live, actual win/loss result, etc to project your future worth and determine how much to give back to you in the form of coupons.Originally Posted by seriousplayer
Winning does not hurt you as a table player unless the casino decides you're more skillful and changes your skill rating from "Medium" to "Hard" which reduces your theoretical win (from the casino perspective) to next to nothing. Losing only helps your MDV when it's more than what the casino expects to win from you based on theoretical play. Losing always makes you look like an idiot, especially if you have the act and table comportment to go with it. Machine players have other considerations.
Last edited by bigplayer; 07-03-2014 at 06:40 AM.
ADT = Average Daily Theoretical of a Single Casino
MDV = Market Daily Value of all connected casinos in a specific market region (i.e., Vegas, Atlantic City, etc)
Sometimes ADT = MDV in markets where there is only one TR store (like Kansas City).
You will get offers based on your single store ADT, market MDV, and even cross property offers based on your national value. You want to modify your behavior so that your MDV is maximized and that usually means playing bigger on fewer days and not creating 0 play trips by doing things like going into the Diamond Lounge, redeeming offers, or eating the buffet using points on days when you aren't going to play.
Thanks bp, it appears that the same behavior that I was exhibiting and the same precautions that I was taking to preserve my local store ADT could also be applied to the stores in a specific market or region towards the MDV. I've always preferred paying out of pocket for a meal and preserving my ADT, as opposed to visiting the DL. As far as redeeming FP w/o additional play, that's for a different thread and a different area, agree? Thanks.
“You aren’t making money until your money is making money.”
Great explanation BP... One thing to readdress... Almost all casinos have different "marketing formulas" and these formulas often change every month. Depending on certain promotions being offered for that month. Another thing to point out is certain towns with casinos market towards certain races, certain areas/cities, local/non-locals, etc. for example... LV does not market to the local market nearly as much as the LA SoCal area. Whereas San Diego casinos tend to stay within the local market. Reno markets the bay. Sac and Bay Area casinos market Asian players more then any other race. Smaller casinos usually market to smaller players better, whereas aria and other high end casinos generally cater to the high rollers much better.
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