[vpFREE] Re: Revel's Loss Rebate

 

Plus you could take junkets to other casinos on dates good for the freeplay at Revel. There were articles about people with tons of unredeemed Harrah's points, time to use them at Showboat which is next door. Spirit Airlines is almost so cheap you can day trip from certain cities. Revel may not give you a room comp but if you lost 100K it is likely the other card benefits would make it a cheap trip.

My question is why did you mention $150K. If someone did walk in and hit 100K on the first $25 pull, why would you not just leave and go to the Borgata or some other place? Once you are ahead doesn't a loss rebate lose value?

--- In vpFREE@yahoogroups.com, Bob Dancer <bobdancervp@...> wrote:
>
> NOTI wrote: Most likely they will, unless they have something better to do that
> weekend. Some will try teaming up on the freeplay collection, but they
> run the risk of getting caught. If you get unlucky and max out the loss
> at $100,000, divided by 20 that's $5,000/week. Unless you know where you
> can get more than $5,000 freeplay on a weekend, you can probably
> justify a flight from almost anywhere. Revel might actually steal some
> gamblers from Macau.
>
> The week there ends something like Sunday midnight and begins again at Monday 8 a.m. So if you can stay over on Sunday nights, it's 10 trips, not 20, from August 11 through December 8. Even so, it's a big commitment
>
> I'm not going to fly there from Vegas --- but it would be easy for me to justify the 10 trips from anywhere east of the Mississippi --- and a few places slightly west of there. This is HUGE. It would be easy for me to play my free play and leave. And while I was in town, play a few other places now that I know I'm going to be back to pick up mailers from those places as well. (Forget the mailers at Revel --- those will be $0 during the promotion in order to pay for the promotion.) This promotion will likely bring in business to several other casinos in town as well. Revel thinks their promotion will hurt other casinos. I think otherwise.
>
> One of the main reasons for most of us non-locals not to play in AC is that the typical player reward system there is based on many repeat visits. This 10-to-20 scheduled visits to Revel gets around that drawback. Once you're around this drawback, several casinos in AC have good (games + mailers) combinations. So you play them while the Revel promotion is going on --- and come mid December, stop going to AC.
>
> The reason people are talking about the losses instead of the win is that you have to be sure your brakes work well before you go speeding away. Yes the intelligent stopping place goal is to win $150,000 or so before you quit. But there is a large random element and many people will lose whatever they can afford to lend the casino for 5 months. You cannot know beforehand whether you will be one of the winners or the losers, so you need to be sure you are prepared to deal with the multiple trips before you undertake the promotion.
>
> Bob
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[vpFREE] Re: Revel's New Approach

 

Okay I see now that you have to scroll down to get the Revel figures. 8.8% is the correct figure.
What I look at is the 5 dollar machines because that is what we play on our increasingly rare visits to AC.
For May Revel had a 8.9% hold for $5 machines. Showboat had 7.4. Taj 7.6.
Worst slots-REVEL
April-10.6%, 5.4%, 6.0% respectively
Worst slots-REVEL
March-12.3%, 6.5%, 5.2%
Worst slots-REVEL
February-9.9%, 6.5%, 4.5%
Worst slots-REVEL
Starting to see a pattern? If you back to their opening month I think (and my memory could be faulty) there is only one or two months they were not the worst of the 3. Somebody must have hit megajackpots those months.

Averaging over the 4 months Revel had an average hold of 10.43%, Showboat 6.45% and Taj 5.82%.
89.5% $5 slots is shameless. Even Sheldon Adelson wouldn't do it. And you people think they are going to let you take an almost free roll at a $20K or $100K royal?

--- In vpFREE@yahoogroups.com, "maclarenv12" <ahduff@...> wrote:
>
> Mike- Not true. The most recent report (May 2013) shows Revel slots held 8.8%. This is quite a bit lower than many of the other clubs in town.
>
> See for yourself....
> http://www.nj.gov/oag/ge/docs/Financials/MGR2013/201305revenue.pdf
>
> --- In vpFREE@yahoogroups.com, "mike" <melbedewy1226@> wrote:
> >
> > Published state figures have shown that Revel has had the worst paying slots in town every month it has been open.
> >
> > --- In vpFREE@yahoogroups.com, coachvee@ wrote:
> > >
> > > Hi Gang:
> > > Hedy and I got our Revel mailings today which outline its July "You Can't
> > > Lose" offers, but the thing that struck me the most was the thrust of the
> > > package.
> > > The outside of the foldout features the words "Gamblers Wanted" in bold
> > > letters. Also on the outside, it exclaims "New Smoking Areas."
> > > Inside, it points out, "Everybody deserves a second chance" and it goes on
> > > to say "We've made mistakes in the past, and now we're making things right
> > > with the people who matter most to us -- the people who simply like to play
> > > our games."
> > > Attached were some free play offers for the first and second halves of
> > > July. I also got $50 resort dollars (comps), good for the entire month.
> > > It took quite awhile ... and a lot of lost revenue ... but Revel has
> > > finally recognized that to thrive in Atlantic City you have to be a casino first
> > > and a resort second, not the other way around.
> > > Welcome to the real world, Revel. Keep the offers rolling in. "The people
> > > who matter" love to see this kind of competition among casinos.
> > > Regards,
> > > CoachVee & Hedy
> > >
> > >
> > > [Non-text portions of this message have been removed]
> > >
> >
>

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[vpFREE] Re: Revel's Loss Rebate

 

Peole will tons of points w TR will spend them to stay at Showboat or people will alternate AC junkets and sneak into Revel and bang out their freeplay. Leave at 150k? If you hit a rf @25$ your first pull why not lea ve? As you pull ahead doesnt that lower the value of a rebate?
--- In vpFREE@yahoogroups.com, Bob Dancer <bobdancervp@...> wrote:>
> NOTI wrote: Most likely they will, unless they have something better to do that
> weekend. Some will try teaming up on the freeplay collection, but they
> run the risk of getting caught. If you get unlucky and max out the loss
> at $100,000, divided by 20 that's $5,000/week. Unless you know where you
> can get more than $5,000 freeplay on a weekend, you can probably
> justify a flight from almost anywhere. Revel might actually steal some
> gamblers from Macau.
>
> The week there ends something like Sunday midnight and begins again at Monday 8 a.m. So if you can stay over on Sunday nights, it's 10 trips, not 20, from August 11 through December 8. Even so, it's a big commitment
>
> I'm not going to fly there from Vegas --- but it would be easy for me to justify the 10 trips from anywhere east of the Mississippi --- and a few places slightly west of there. This is HUGE. It would be easy for me to play my free play and leave. And while I was in town, play a few other places now that I know I'm going to be back to pick up mailers from those places as well. (Forget the mailers at Revel --- those will be $0 during the promotion in order to pay for the promotion.) This promotion will likely bring in business to several other casinos in town as well. Revel thinks their promotion will hurt other casinos. I think otherwise.
>
> One of the main reasons for most of us non-locals not to play in AC is that the typical player reward system there is based on many repeat visits. This 10-to-20 scheduled visits to Revel gets around that drawback. Once you're around this drawback, several casinos in AC have good (games + mailers) combinations. So you play them while the Revel promotion is going on --- and come mid December, stop going to AC.
>
> The reason people are talking about the losses instead of the win is that you have to be sure your brakes work well before you go speeding away. Yes the intelligent stopping place goal is to win $150,000 or so before you quit. But there is a large random element and many people will lose whatever they can afford to lend the casino for 5 months. You cannot know beforehand whether you will be one of the winners or the losers, so you need to be sure you are prepared to deal with the multiple trips before you undertake the promotion.
>
> Bob
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> [Non-text portions of this message have been removed]
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[vpFREE] Re: Revel's Loss Rebate

 

Peole will tons of points w TR will spend them to stay at Showboat or people will alternate AC junkets and sneak into Revel and bang out their freeplay.

--- In vpFREE@yahoogroups.com, Bob Dancer <bobdancervp@...> wrote:
>
> NOTI wrote: Most likely they will, unless they have something better to do that
> weekend. Some will try teaming up on the freeplay collection, but they
> run the risk of getting caught. If you get unlucky and max out the loss
> at $100,000, divided by 20 that's $5,000/week. Unless you know where you
> can get more than $5,000 freeplay on a weekend, you can probably
> justify a flight from almost anywhere. Revel might actually steal some
> gamblers from Macau.
>
> The week there ends something like Sunday midnight and begins again at Monday 8 a.m. So if you can stay over on Sunday nights, it's 10 trips, not 20, from August 11 through December 8. Even so, it's a big commitment
>
> I'm not going to fly there from Vegas --- but it would be easy for me to justify the 10 trips from anywhere east of the Mississippi --- and a few places slightly west of there. This is HUGE. It would be easy for me to play my free play and leave. And while I was in town, play a few other places now that I know I'm going to be back to pick up mailers from those places as well. (Forget the mailers at Revel --- those will be $0 during the promotion in order to pay for the promotion.) This promotion will likely bring in business to several other casinos in town as well. Revel thinks their promotion will hurt other casinos. I think otherwise.
>
> One of the main reasons for most of us non-locals not to play in AC is that the typical player reward system there is based on many repeat visits. This 10-to-20 scheduled visits to Revel gets around that drawback. Once you're around this drawback, several casinos in AC have good (games + mailers) combinations. So you play them while the Revel promotion is going on --- and come mid December, stop going to AC.
>
> The reason people are talking about the losses instead of the win is that you have to be sure your brakes work well before you go speeding away. Yes the intelligent stopping place goal is to win $150,000 or so before you quit. But there is a large random element and many people will lose whatever they can afford to lend the casino for 5 months. You cannot know beforehand whether you will be one of the winners or the losers, so you need to be sure you are prepared to deal with the multiple trips before you undertake the promotion.
>
> Bob
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> [Non-text portions of this message have been removed]
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RE: [vpFREE] Re: Revel's Loss Rebate

 

NOTI wrote: Most likely they will, unless they have something better to do that
weekend. Some will try teaming up on the freeplay collection, but they
run the risk of getting caught. If you get unlucky and max out the loss
at $100,000, divided by 20 that's $5,000/week. Unless you know where you
can get more than $5,000 freeplay on a weekend, you can probably
justify a flight from almost anywhere. Revel might actually steal some
gamblers from Macau.

The week there ends something like Sunday midnight and begins again at Monday 8 a.m. So if you can stay over on Sunday nights, it's 10 trips, not 20, from August 11 through December 8. Even so, it's a big commitment

I'm not going to fly there from Vegas --- but it would be easy for me to justify the 10 trips from anywhere east of the Mississippi --- and a few places slightly west of there. This is HUGE. It would be easy for me to play my free play and leave. And while I was in town, play a few other places now that I know I'm going to be back to pick up mailers from those places as well. (Forget the mailers at Revel --- those will be $0 during the promotion in order to pay for the promotion.) This promotion will likely bring in business to several other casinos in town as well. Revel thinks their promotion will hurt other casinos. I think otherwise.

One of the main reasons for most of us non-locals not to play in AC is that the typical player reward system there is based on many repeat visits. This 10-to-20 scheduled visits to Revel gets around that drawback. Once you're around this drawback, several casinos in AC have good (games + mailers) combinations. So you play them while the Revel promotion is going on --- and come mid December, stop going to AC.

The reason people are talking about the losses instead of the win is that you have to be sure your brakes work well before you go speeding away. Yes the intelligent stopping place goal is to win $150,000 or so before you quit. But there is a large random element and many people will lose whatever they can afford to lend the casino for 5 months. You cannot know beforehand whether you will be one of the winners or the losers, so you need to be sure you are prepared to deal with the multiple trips before you undertake the promotion.

Bob



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[vpFREE] Re: Revel's Loss Rebate

 

Most likely they will, unless they have something better to do that weekend. Some will try teaming up on the freeplay collection, but they run the risk of getting caught. If you get unlucky and max out the loss at $100,000, divided by 20 that's $5,000/week. Unless you know where you can get more than $5,000 freeplay on a weekend, you can probably justify a flight from almost anywhere. Revel might actually steal some gamblers from Macau.

--- In vpFREE@yahoogroups.com, MHS <mspevack@...> wrote:
>
> On 6/27/2013 2:20 PM, tom dolan wrote:
> > Will pros hit this hard ? Can they cancel at any time ?
> A better question is will pros return 20 times to recoup whatever?
>

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[vpFREE] Re: Upcoming Bonus Points Day

 

It is not 6points for all video poker... Full pay machines and the video craps machines do not count.

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Re: [vpFREE] Revel's Loss Rebate

 

On 6/27/2013 2:20 PM, tom dolan wrote:
> Will pros hit this hard ? Can they cancel at any time ?
A better question is will pros return 20 times to recoup whatever?

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Re: [vpFREE] Revel's Loss Rebate

Will pros hit this hard ? Can they cancel at any time ?
On Jun 22, 2013 3:40 PM, "Bob Dancer" <bobdancervp@hotmail.com> wrote:

> **
>
>
> Revel, in Atlantic City, is offering players 100% of their slot and video
> poker losses from July 1-31 up to $100,000. The rebate comes in the form of
> free play over 20 or so visits.
>
> This is a HUGE player-friendly promotion. Munchkin and I would like to
> talk about it on the air next Thursday evening (that show will be taped
> Tuesday afternoon due to our guest's availability).
>
> If there is somebody who can take a picture of the rules and send it to
> gamblingwithanedge@gmail.com (or post them on vpFREE) it will help us in
> our analysis. Maybe it's for new members only? Maybe certain machines are
> excluded? Maybe . . ? Looking at the rules will help us figure it out.
>
> Bob
>
>
>
> [Non-text portions of this message have been removed]
>
>
>


[Non-text portions of this message have been removed]



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[vpFREE] Re: Revel's Loss Rebate also

 

The rebate is in freeplay, not cash, so it's not a risk free proposition, but it is one of the better marketing promotions to appear in a long time. Normally just high rollers, celebrities and the press get these deals in private, kudos to Revel for making it open to all.

--- In vpFREE@yahoogroups.com, kelso 1600 <kelso1600@...> wrote:
>
> My comments were more in reply to the thread that this was a "cannot lose" proposition.
>
> Anything
> has the ability to be profitable but if the free slot play rebate is
> less than dollar for dollar, then this becomes a gamble. Perhaps a good
> gamble but it is not a sure thing. And the lower the potential return
> for the free slot play rebate the more of a gamble it becomes.
>
> Am I wrong?
>
> > To: vpFREE@yahoogroups.com
> > From: tringlomane@...
> > Date: Thu, 27 Jun 2013 11:53:31 +0000
> > Subject: [vpFREE] Re: Revel's Loss Rebate also
> >
> > Yeah, Bob is right. Even if Revel dropped all video poker to the state minimum of 83% (they won't actually do this), it still could be a profitable promo overall.
> >
> > --- In vpFREE@yahoogroups.com, Bob Dancer <bobdancervp@> wrote:
> > >
> > > Kelso wrote:
> > >
> > >
> > > > I think the big question is what games will be available after August 1 to use the free play rebate on. I would not be surprised to see all 9/6 JOB disappear and I do not believe the Gaming Commission would get involved on this happening.
> > > >
> > > >
> > >
> > > I don't think this is a major issue. Even if the best game became 6-5 JoB, we'd have a 95% loss rebate
> > >
> > > Good players lust after even a 40% loss rebate up to $100,000. A 95% loss rebate is manna from heaven
> > >
> > > Playing such a bad game would be annoying but not a showstopper.
> > >
> > > Bob
> > > >
> > > >
> > >
> > >
> > > [Non-text portions of this message have been removed]
> > >
> >
> >
> >
> >
> > ------------------------------------
> >
> > vpFREE Links: http://www.west-point.org/users/usma1955/20228/V/Links.htm
> >
> > Yahoo! Groups Links
> >
> >
> >
>
>
> [Non-text portions of this message have been removed]
>

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Re: [vpFREE] Re: Revel's Loss Rebate also

 

I think everyone agrees this is a promotion that you don't often see and probably won't see again because of the potential it has for the player. However, it is also one where looking at it in practical terms needs to take precedence.

Probably everyone accepts that this can only be properly taken advantage of by those who actually live in or nearby AC--maybe even as far as Philly. And, regardless of the games Revel has available for freeplay afterwards, the question then becomes can YOU really walk in 20 times to play your freeplay thru ONCE, even if the machines are their usual frustrating annoyances - and leave? Only at that point will this extraordinary promo approach being "worth" it.

Which brings me to the final point: Why is everyone talking about this in terms of losing? How about hitting some lucky big winner early on and NOT having to trek back to the place 20 times when they tell you to?

----- Reply message -----
From: "kelso 1600" <kelso1600@hotmail.com>
To: "vpFREE@yahoogroups.com" <vpfree@yahoogroups.com>
Subject: [vpFREE] Re: Revel's Loss Rebate also
Date: Thu, Jun 27, 2013 9:25 am
My comments were more in reply to the thread that this was a "cannot lose" proposition.

Anything

has the ability to be profitable but if the free slot play rebate is

less than dollar for dollar, then this becomes a gamble. Perhaps a good

gamble but it is not a sure thing. And the lower the potential return

for the free slot play rebate the more of a gamble it becomes.

Am I wrong?

[Non-text portions of this message have been removed]

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Re: [vpFREE] Re: Revel's Loss Rebate also

 

I think everyone agrees this is a promotion that you don't often see and probably won't see again because of the potential it has for the player. However, it is also one where looking at it in practical terms needs to take precedence.

Probably everyone accepts that this can only be properly taken advantage of by those who actually live in or nearby AC--maybe even as far as Philly. And, regardless of the games Revel has available for freeplay afterwards, the question then becomes can YOU really walk in 20 times to play your freeplay thru ONCE, even if the machines are their usual frustrating annoyances - and leave? Only at that point will this extraordinary promo approach being "worth" it.

Which brings me to the final point: Why is everyone talking about this in terms of losing? How about hitting some lucky big winner early on and NOT having to trek back to the place 20 times when they tell you to?

----- Reply message -----
From: "kelso 1600" <kelso1600@hotmail.com>
To: "vpFREE@yahoogroups.com" <vpfree@yahoogroups.com>
Subject: [vpFREE] Re: Revel's Loss Rebate also
Date: Thu, Jun 27, 2013 9:25 am
My comments were more in reply to the thread that this was a "cannot lose" proposition.

Anything

has the ability to be profitable but if the free slot play rebate is

less than dollar for dollar, then this becomes a gamble. Perhaps a good

gamble but it is not a sure thing. And the lower the potential return

for the free slot play rebate the more of a gamble it becomes.

Am I wrong?

[Non-text portions of this message have been removed]

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