If your average loss on the play is $15 (5% of $300) and you earn $28 for doing this, you have a small edge. There is variance. Some days you'll win and some you will lose.
Consider: can you do it more than once? If you can do this hundreds of times during the day, it's worth something. If you can only do it once, and you have to drive there (taking time and gas), it's not a big payday. If your entire edge is $10 or so --- and you have to drive more than a mile or two to get it --- why bother? If you can do it many times and your edge is in the hundreds or thousands of dollars, that makes a lot of sense.
Also, unless you plan to leave your money in US dollars (many players near the border keep bankrolls in both US dollars and Canadian dollars because exchanging and forth is expensive), you're going to have to convert it back to Canadian. There's a fee for doing this. You may know the best places in town to do the conversion --- but it's never traded at par.
There are indeed coupon opportunities in Vegas via the LVA coupon book and the from American Casino Guide and certain other places. But for someone who has to pay to fly to Vegas and pay to rent a car and pay to stay in a hotel room once he is here, it's probably not worth it to come to Vegas "just" for this.
Bob
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Posted by: Bob Dancer <bobdancervp@hotmail.com>
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