I'm posting this for someone who wants to be anonymous for obvious reasons.
----- Forwarded Message -----
Rampart is advertising their February drawing as giving away $75,000.
Full details of this promotion can be found at this link:
https://www.theresortatsummerlin.com/admin/uploads/635_75kcupidscash_flyer_w.pdf
Here is my analysis:
The prize list is as follows:
4 * $75 = $300
8 * $100 = $800
7 * $250 = $1750
4 * $500 = $2000
2 * $750 = $1500
Total 25 prizes and total $6,350 in prize money.
Average prize will be $6,350 / 25 = $254. Each winner spins three
times and the total win is the sum from the three spins.
The average total will be 3 * $254 = $762.
There are 8 drawing days (Feb.1,7,8,14,15,21,22,28).
Two drawings each day for 5 winners each = 10 winners each day, 80
winners for the month. The expected value for the total prize money
is 80 * $762 = $60,960.
This is the third monthly drawing of the last 6 where the expected
total prize amount has been significantly less than the advertised
total.
I suggest Rampart customers mention this to their host. You can also
bring this to the attention of the Nevada Gaming Control Board
Enforcement division without filing a formal complaint.
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