Most casinos will give players comps worth 5 to 50% of a player's expected loss. That variable percentage is based on the casino, your tier level, your level of play, and if there is a promotion in effect.
Casinos use the following formula to calculate how much of a player's action they expect to win.
Action x Casino Advantage = Player's Theoretical Loss
Assuming you are dealt 60 hands per hour playing Blackjack, and your average bet at is $10, and you play for 3 hours. The casino calculates your total action as $1800 (60 hands x $10 per hand x 3 hours).
Since pit bosses can't watch the play of every individual blackjack player to determine their skill level they general will estimate that their advantage over the masses of blackjack players to be 2%. This means they expect to win about $36 in the above example ($1800 x 2%).
This means the above player can expect a comp worth about $3.6 ($36 x 10%).
Posted by: mvetanen@rocketmail.com
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