My 2 cents (no make that my 125 cents)is as follows:
On the positive side/hand, without it, you a) do not get a second chance to win (if you did not win the first time), or b) you do not get a second opportunity to get back some of your losses (if you lose).
Without it, if you lose a hundred or a thousand (equal to an available rebate elsewhere), the game is over -- you lose. With it you get a do over. Think of it like blackjack where if you have a losing hand they let you play another hand for free based on your last bet.
You get two chances to win (not just one chance).
On the other hand, if you are playing a less than breakeven slot or video game, the danger with it is to keep playing after winning a reasonable amount and then stupidly lose it all back (because of the "safety net" of the rebate in effect) when you otherwise would have quit while you were ahead.
So personnally I would initally play at higher than normal stakes in hopes of a big win (and then quit), or play at normal stakes and set a modest win goal and if you reach it quit (maybe 1 or 2 times the loss rebate amount). Keep playing until you reach your win goal or reach the max reimbursable loss.
If you do lose the max and get the reimbursement, my goal would be to run the freeplay through and quit once it is through (assuming you are playing a less than breakeven game).
The only way, you would get NO value from the play is if you quit at breakeven before using the rebate. Then you have gained nothing from it.
ST
--- In vpFREE@yahoogroups.com, Dean Nishijima <midorinish@...> wrote:
>
> Although the $100 loss promotion at the Cosmopolitan does require you
> lose $100 to take advantage of it, if you end of winning for the day
> just go back the next day until you do end up losing $100 for the day.
>
> We actually ended up winning one day and weren't going to continue
> until we lost $100. We went back the next day and did end up losing
> and got the freeplay loaded onto our card.
>
