Indian casinos can comp more they don't pay taxes
--- In vpFREE@yahoogroups.
>
> You're using the EV to determine the theo. The theo is typically
much higher. At MS in CT the theo is 5%. on 9/6 JOB. Room comps and
shows don't count against your comp balance. So, in additon to a
suite and shows, I would have earned approx 3K in points. This
compares to the $400 NYNY wouldn't comp.
>
>
> ----- Original Message ----
> From: npf152512 <npf152512@.
> To: vpFREE@yahoogroups.
> Sent: Thursday, January 3, 2008 4:43:34 PM
> Subject: [vpFREE] Re: STAY AWAY FROM NEW YORK, NEW YORK
>
> --- In vpFREE@yahoogroups. com, Joel Fink <joel0457@ .> wrote:
> >
> > I just got back from a 6 night trip to Vegas with the last three
> (12/28-12/31) at NYNY. My host comped me into a suite with another
> room plus RFB.
> > When I went to check out, not only were all food charges on the
> bill but I was charged $200 for one nt for the second room. They
did
> renove the charge for the second room at checkout. My total food
> charges for the 3 nts were only $400.
> > I spoke to my host Steven Bernstein who told me I was over
comped.
> I put through over 250K+ during the three days I was there.
>
> A host (not yours) explained what apparently is MGM-Mirage policy
as
> follows:
>
> Your comps are evaluated based on theoretical if you did not show a
> loss. You didn't mention what machines you played. But if you put
> $250K through a 9/6 Jacks machine with a return of 99.55%, your
> expected long-term loss would only be $1125 if my math is correct,
> which isn't always the case. The casino sees that number.
>
> From that number, you don't receive 100% in comps. There is a range
> of up to 20%, which makes your total comps equal to $225. I know
that
> sounds ridiculous based on your substantial coin-in, but that's the
> way they look at it. Furthermore, it can get worse - based on your
> being "overcomped" you may not hear from NYNY at all in the future
> until you show a sizeable loss.
>
> That's the policy as I understand it. So, you can argue with hosts
> for exceptions, or do as I and many others have done and simply
move
> on.
>
>
>
>
>
>
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