Sorry. 20% of the loss.Originally Posted by muffdiver
I don't go unless I get air fare negotiated. Most of the time I don't get it on the trip. They delay and have clerical errors but when they want me to come back all of the sudden I get my reimbursement. I think I only got reimbursed promptly once. I guess that means I will have to eat the last trip. The only time it is included up front is when they send a plane. This means a junket. Sometimes these are arranged by the casino sometimes by an independent operator in cooperation with the casino.
I can't answer your question directly. When I ask my host he just says your play is usually enough and says I will get reimbursed. Then they act like I better show them more action during the trip. Then they act like I didn't show them enough action. When they want me to come back then suddenly I had showed them enough action. Rinse and repeat. I mostly drive to destinations so I don't deal with this much. Maybe 3 times a year. It helps that I got some buds I go to casinos with that are bigger players. I am not sure they really want me back but they know if I come there is a good chance they can sharpen their harpoons for my traveling buds. Sometimes they come sometimes they don't. My host knows that the times they do makes it worth stomaching the times they don't. My buds don't care were they go. They just like going with me. Residual from my dice playing days. I played small back then but lots of high rollers wanted me shooting dice at their table. Now the just think I am a good luck charm or something. Maybe they just like my company. For whatever reason they let me pick the destination. It doesn't seem to matter to them where we go. I want the best incentives to show up. Invite only tournaments. Free play, RFB etc. If a tournament is above my play grade I make sure my buds come. It usually gets me in but most places I have enough history to get in on my own. Of course I might not even know about the biggest tourneys. I can get in the 250K ones on my own where I fly to. The $1,000,000 invite-only tourneys are for players with a half million dollar line of credit or a high enough theo. That's way way above my play grade.
If you want air fare your best bet is playing other games besides BJ. BJ is a horrible game for generating comps. There are advantage techniques to beat almost every game in the casino. If you can show them a bug theo while playing with an advantage you have found what you are looking for to get that air fare.
My offers are based on my play. I don't use a line of credit. I play what I am comfortable doing and let whatever offers that generates come. I let my hosts know what types of offers I like. They get enough play if I like playing in their casino. If not I just get some crappy offers because I don't show them enough action.
If you wanted to enter a $1,000,000 invite only all you need to do is set up a half million dollar line of credit. The last such tournament I was invited to I had to play into the second day of the tournament against a large field of other players of similar playing status. Those that made it to day 2 where joined each new round after advancing by a bigger crop of whales. The biggest whale started at the final table. There was only one such spot. Advancing to the next round won a few thousnad until you reached the semi-finals. The whales that started in the semis needed to win the entire tournament because a seat at the final table was the only prize in the semis and it was winner take all.
Last edited by Three; 02-18-2015 at 02:33 PM.
And to confirm what Moo said, they also verify your bank account to make sure it covers your line right before your trip. So you can't move money into the account; then move it out without them reducing your line. Casino credit is like a check. If you look closely at markers, they are a check. They can negotiate a different time with you but generally, if you do not pay back your markers at the end of your trip, they will deposit them in about 30 days as checks against the bank account you set up with them.
The 20% figure given earlier as to losses, I'm not sure about because people have different lines. I just know that all reimbursements on airfare, since that was "hard money" to the casino v room and food comps, required a minimum of 4 hours of playing a day at whatever the minimum limit they established for that reimbursement. It was the play; not the loss that mattered. Of course upon review IF you had a big loss AND they wanted you to come back they might pay airfare even if you didn't get the hours in. But I would NOT want to leave $5k to $10k in their pockets as a loss JUST to get airfare reimbursed. Honestly, I haven't seen airfare reimbursement for a smaller loss than that.
"Women and cats will do as they please, and Men and dogs should just relax and get used to the idea" --- Robert A. Heinlein
It was decades ago. I am not sure they wanted it advertised but it changed the credit department policies in all the casinos at the time. I couldn't find it but found a more sophisticated scam that was similar but involved identity theft and casino credit that took the casinos for 37 million.
http://www.richardmarcusbooks.com/ca...OfTheMonth.php
Since the cage (Casino Credit) checks NOT only to see if you have ever reneged on a marker AND they verify bank account info close to your trip to see that you have the funds to cover you line of credit, for someone to scam a casino out of 37 million has to be more than JUST not paying his markers. He must have a HUGE credit line; a HUGE bank account (verifiable) and he must have CHURNED a HUGE amount of money ........... probably like kiting checks. Where some markers maybe hit; got paid and others didn't. And then they loaned him more. I don't see that sort of thing happening very easily now a days.
"Women and cats will do as they please, and Men and dogs should just relax and get used to the idea" --- Robert A. Heinlein
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