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When casinos count total "money in" for slots, does that include winnings?

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When casinos count total "money in" for slots, does that include winnings?

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Old Jan 17, 2011, 2:16 am
  #1  
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When casinos count total "money in" for slots, does that include winnings?

If I put $500 in on a slot, and go back and forth winning $5, loosing $5, etc with that initial money, do the winnings I put in count towards the total I put in?

So $500 can actually equal thousands in the casino's view? Or is that incorrect?
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Old Jan 17, 2011, 3:39 am
  #2  
nrr
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Harrahs and MGM systems, base their "point" systems on how much you cycle through the slot machine, winnings and losings don't (so far) count. With the MGM "MLIFE" system, I can't (I have not received the official initial mailing) tell how things will be computed.
[When I last played at Gold Coast, about 8 years ago, they based their system on how much you WON.]
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Old Jan 17, 2011, 5:27 am
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Originally Posted by ethanwa
If I put $500 in on a slot, and go back and forth winning $5, loosing $5, etc with that initial money, do the winnings I put in count towards the total I put in?

So $500 can actually equal thousands in the casino's view? Or is that incorrect?
Yes, you are correct.

Coin-in is just that, the amount of money cycled through the machine. It is not changed by winning or losing (but, as you mention, if you are winning you will have more money to cycle through the machine ).

In a program such as Total Rewards, $5 of coin-in (on a slot, NOT video poker) will equal one base/tier point. If you achieve 3000 points in one day, you can be upgraded to diamond status (otherwise known as DIAD = Diamond in a Day). For the Total Rewards program you will ALSO earn reward Bonus Reward Credits (RCs) that can be used for comps. The earning level for these is variable and depends on the type of machine played.
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Old Jan 17, 2011, 10:52 am
  #4  
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Originally Posted by baccarat_king
In a program such as Total Rewards, $5 of coin-in (on a slot, NOT video poker) will equal one base/tier point. If you achieve 3000 points in one day, you can be upgraded to diamond status (otherwise known as DIAD = Diamond in a Day). For the Total Rewards program you will ALSO earn reward Bonus Reward Credits (RCs) that can be used for comps. The earning level for these is variable and depends on the type of machine played.
What do you mean 'not video poker'? Are video poker points calculated differently?
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Old Jan 17, 2011, 2:31 pm
  #5  
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Originally Posted by baccarat_king
Yes, you are correct.

Coin-in is just that, the amount of money cycled through the machine. It is not changed by winning or losing (but, as you mention, if you are winning you will have more money to cycle through the machine ).

In a program such as Total Rewards, $5 of coin-in (on a slot, NOT video poker) will equal one base/tier point. If you achieve 3000 points in one day, you can be upgraded to diamond status (otherwise known as DIAD = Diamond in a Day). For the Total Rewards program you will ALSO earn reward Bonus Reward Credits (RCs) that can be used for comps. The earning level for these is variable and depends on the type of machine played.
Thanks for the info. So just to make sure I get this correct.... if I put in $100 cash into a machine, I go up $50 on one spin, and then I loose all $150 after that point with no winning spins, my total coin-in = $150. Correct?
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Old Jan 19, 2011, 12:52 pm
  #6  
 
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Originally Posted by corky
What do you mean 'not video poker'? Are video poker points calculated differently?
Yes, they are. Video Poker requires more coin-in to earn a point. I do not remember the actual formula, but I know VP play earns less than regular slot play for the same amount of buy-in.

Originally Posted by ethanwa
Thanks for the info. So just to make sure I get this correct.... if I put in $100 cash into a machine, I go up $50 on one spin, and then I loose all $150 after that point with no winning spins, my total coin-in = $150. Correct?
Correct
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Old Jan 21, 2011, 1:24 pm
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Originally Posted by corky
What do you mean 'not video poker'? Are video poker points calculated differently?
I think with the new mLife program it's 5 to 1, meaning a $1 slot pull is worth as many tier points as a $5 hand of video poker.
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Old Feb 1, 2011, 10:17 pm
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Originally Posted by lindaiah
Yes, they are. Video Poker requires more coin-in to earn a point. I do not remember the actual formula, but I know VP play earns less than regular slot play for the same amount of buy-in.
On TR it is $10 coin in = 1 TR point.
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Old Mar 16, 2011, 12:26 pm
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This depends on where you are playing - each casino (or chain) has its own formulae...

Also, I presume you mean playthrough as opposed to buy-in. I only know of one chain (in France) that gives you points based on buy-in...

D.

Originally Posted by lindaiah
Yes, they are. Video Poker requires more coin-in to earn a point. I do not remember the actual formula, but I know VP play earns less than regular slot play for the same amount of buy-in.



Correct
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