"gimmeaquad" wrote...
> Perhaps it part ignorance of the bettor that he/she didn't realize
> how long the ticket is valid. Just because one casino has a time
> limit and every other one doesn't make the Stratosphere the bad guy.
I think all that's really being claimed is that the Stratosphere is
demonstrating customer-unfriendly policies. Michael readily admitted
he should've cashed the ticket sooner, but notes that the casino
refused consideration that's common throughout town. This might or
might not be "legal" (IANAL) but it's obviously unfriendly to the
customer, both in the original policy as well as their reported
exception handling. If nothing else, the incident will probably cost
the Strat way more than $2900 in long-term business and goodwill, from
both Michael as well as others who value his advice and read his
article on his site.
> How can you say that players have no equity in a drawing? You earn
> your tickets by playing. If you play a lot, then you have greater
> equity than some one who doesn't.
Please re-read the full paragraph I wrote; I tried to clarify that
statement by noting that players don't (usually) buy tickets for
casino promo drawings, and therefore they have no cash directly
invested in the tickets. Trust me, I fully understand that a player
may estimate that they have $X in EV in a drawing, and perhaps take
that estimate into account when deciding where to play... but IMHO
that's a completely different situation from booking a bet with cash.
--Joe
[Non-text portions of this message have been removed]
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