Re: [vpFREE] Bob Dancer Column - 16 SEP 2016

 

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NOTI wrote: "I think you're on the right track, what you want to do is look at cost per hour, then compare that to the incentives you get. Some issues with the example you give: most players can't play NSU to that level, I think IGT estimates the average hold is about a percent, and obviously the penny player is going to get much better offers while the NSU player can get no mailed and then 86'd the first time they hit a taxable."

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I'd lay 20-1 that throughout the history of time no $1 single line NSUD player has ever been 86'd after one royal.

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[vpFREE] Re: Bob Dancer Column - 16 SEP 2016

 

Johnny Zee wrote: "Let's look at the same loss level for a dollar NSUD player and a penny slot player. Dollar NSUD at 800 hph is $4000 coin in and $9.80 in expected loss from the game. A penny player at $0.50 per hand and 125 spins per hour is $62.50 coin in and an expected loss of $9.37 on the game."

I think you're on the right track, what you want to do is look at cost per hour, then compare that to the incentives you get. Some issues with the example you give: most players can't play NSU to that level, I think IGT estimates the average hold is about a percent, and obviously the penny player is going to get much better offers while the NSU player can get no mailed and then 86'd the first time they hit a taxable.

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

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Re: [vpFREE] Re: Bob Dancer Column - 16 SEP 2016

 

You usually have to play a minimum of $.30 to cover all the lines and to get get the bonus and spins.

> On Sep 15, 2016, at 4:40 PM, nightoftheiguana2000@yahoo.com [vpFREE] <vpFREE@yahoogroups.com> wrote:
>
> BBT wrote: "That hasn't been my observation. Sure, many play minimum bet, but even that is 30 to 60 cents, much more than a dollar an hour. I am confused as to where you might be seeing penny players playing a dollar an hour coin-in."
>
> You haven't seen penny machines with a one penny minimum bet? 100 spins per hour (somewhat fast on a penny slot, the bonus spins take up a lot of time and produce zero coin in) times one penny per spin is one dollar per hour coin in.
>
> [Non-text portions of this message have been removed]
>
>
>

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

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[vpFREE] Re: Bob Dancer Column - 16 SEP 2016

 

BBT wrote: "That hasn't been my observation. Sure, many play minimum bet, but even that is 30 to 60 cents, much more than a dollar an hour. I am confused as to where you might be seeing penny players playing a dollar an hour coin-in."

You haven't seen penny machines with a one penny minimum bet? 100 spins per hour (somewhat fast on a penny slot, the bonus spins take up a lot of time and produce zero coin in) times one penny per spin is one dollar per hour coin in.

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

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[vpFREE] Re: Bob Dancer Column - 16 SEP 2016

 

An impressive, thoroughly common-sense response ... appreciated :)


---In vpFREE@yahoogroups.com, <vpbp2002@...> wrote :

While there may be a time element in the marketing formula to determine your worth to the casino everything comes down to machine theoretical and amount of coin-in to determine your marketing value. Whether that's Average Daily Theoretical, Market Daily Value, Earnings Potential, or whatever. If you have a low market value you won't get much back in the mail. That said, some casinos "might" send you some discounted or free room offers simply for being a new customer, but the first time you use them and give virtually no play you can bet your offers will not be repeated. This is why if you're going to give a casino a heavy play the best day to do it is right when you sign up for your player card. You'll seldom ever have a higher marketing profile than on that day. This may be what is creating the illusion that a penny player giving very light action, even on a high theo machine, is somehow getting the best of the casino. Perhaps on a percentage basis they are, but in terms of actual value it's costing the casino almost nothing. The biggest drain of a penny player such as what you describe is via free drinks and electricity....not from anything they might get back of value from marketing.

In the end it still comes down to doing the things that maximize your marketing profile according to the computer algorithms of that casino. Those things are fairly well known...concentrating your play into as few days as possible and not doing anything to extend or create a trip on non-play days are the two biggies.

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


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[vpFREE] Scot Krause's LVA Players Club Bonus Points Update - 15 SEP 2016

 

Scot Krause's LVA Players Club Bonus Points Update - 15 SEP 2016

http://www.lasvegasadvisor.com/greatdeals-slotpromotions.cfm

or

<a href="http://www.lasvegasadvisor.com/greatdeals-slotpromotions.cfm">
http://www.lasvegasadvisor.com/greatdeals-slotpromotions.cfm</a>

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This link is posted for informational purposes
and doesn't constitute an endorsement or approval
of the linked article's content by vpFREE. Any
discussion of the article must be done in
accordance with vpFREE's rules and policies.
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[vpFREE] Re: Bob Dancer Column - 16 SEP 2016

 

While there may be a time element in the marketing formula to determine your worth to the casino everything comes down to machine theoretical and amount of coin-in to determine your marketing value. Whether that's Average Daily Theoretical, Market Daily Value, Earnings Potential, or whatever. If you have a low market value you won't get much back in the mail. That said, some casinos "might" send you some discounted or free room offers simply for being a new customer, but the first time you use them and give virtually no play you can bet your offers will not be repeated. This is why if you're going to give a casino a heavy play the best day to do it is right when you sign up for your player card. You'll seldom ever have a higher marketing profile than on that day. This may be what is creating the illusion that a penny player giving very light action, even on a high theo machine, is somehow getting the best of the casino. Perhaps on a percentage basis they are, but in terms of actual value it's costing the casino almost nothing. The biggest drain of a penny player such as what you describe is via free drinks and electricity....not from anything they might get back of value from marketing.

In the end it still comes down to doing the things that maximize your marketing profile according to the computer algorithms of that casino. Those things are fairly well known...concentrating your play into as few days as possible and not doing anything to extend or create a trip on non-play days are the two biggies.

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

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[vpFREE] Re: Bob Dancer Column - 16 SEP 2016

 

You must see different penny players than I do. Sure, there is a small group that will play a low amount slowly but I've many players who will play 100 or 300 or 600 credits on a penny machine.


Let's look at the same loss level for a dollar NSUD player and a penny slot player. Dollar NSUD at 800 hph is $4000 coin in and $9.80 in expected loss from the game. A penny player at $0.50 per hand and 125 spins per hour is $62.50 coin in and an expected loss of $9.37 on the game.


There are many, many penny players who play much more than $0.50 per hand.


What machines have increased the most in the last ten years, penny slots or dollar video poker?


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