Although you could do what you outline below, I see three barriers to overcome.
First, there are very few 9/6 JOB machines that give a point for $10 in. And I feel they will be gone any day.
Second, Seven Stars is by invitation and I do know people who have not gotten the invitation. So you may be able to do this for one year but if you take advantage of the free room offer too much, with the way Caesars is cutting back on offers to people who are overcomped recently, I feel confident there will be no more Seven Stars invitations for a person who tries this.
And third, even though it is theoretical loss of $2500 or a bit less taking everything into consideration, we all know that a potential loss on the coin-in could easily be $10,000 - $20,000.
Sent: Saturday, October 29, 2016 12:53 PM
To: vpFREE@yahoogroups.com
Subject: [vpFREE] Getting Overcomped at CET.
I've followed with interest a thread on another gambling forum about being overcomped by CET. Is that even possible? Apparently so for at least a one player. One of the benefits of making 7 Stars is it qualifies you to be comped up to 4 nights a week at any CET property for two years. If a person were to actually take advantage of this then we are talking 400 comp days. And you don't go through a host to book the rooms. You call an 800 number.
The main person exploiting this loophole always qualifies himself for 7 Stars every year so then we are talking about up to 200 comped days per year. He's a tournament poker player and uses the comped rooms to defray his expenses. In just one example he spends 23 days a year at the Rio during the WSOP....all comped. Then there are the other tournaments he plays.
He has a pretty good modus operandi. There are some places left in the country where there are 9/6 Jacks and it's just $10 per tier credit. To get to 7 Stars status he plays for ten days, running 5000 TC's per day. When you run 5000 TC's in one day you get a 10,000 TC bonus. After ten days he has run 50,000 TC's but is credited with 150,000 TC's which is what it takes to gain 7 Stars status. Once he gains 7 Stars status he quits playing for the year.
So he is running a $500,000 wager. With the 9/6 Jacks you are taking .46% theoretical loss. So his theoretical cost to get to 7 Stars is $2300. What I don't know so far is if freeplay is also a part of the equation. If it is then his cost is cut even further.
I like his idea. And I've done some imagining about whether it would behoove a video poker pro to do the same thing. I think it depends. If a vp pro had advantage plays around the country that he could run a circuit on....and didn't want to run too much comp on those properties so as not to wear out his welcome....then staying at a CET property nearby would be a good idea.
Am I going to do anything like this? No. I'm quite happy in my little Montana home. But I always love observing how other pros do things.
Posted by: kelso 1600 <kelso1600@hotmail.com>
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