TR: Calculating ADT on a "trip"
There was a thread a couple of years back that discussed this but I'm not sure I remember it right (or if still holds) so I figured it'd be easier to start a new thread with the basic question of how to maximize the ADT on a particular trip.
Just to keep things simple, assume a 5 day stay playing only 99.5% VP which requires $20 coin in per tier credit. So every 1k TCs carries an expected loss of $100 (1000*20*0.005). If you have a budget of $100/day then over the long run (ignoring variance) you average 1000 TCs per day (something seems fishy about these numbers - did I make an error?). Anyway, this is not the best way to maximize TCs. Preferably you would earn 5k TCs on 1 day or 2.5k on 2 days. However, what is best for earning status is not necessarily best for comps.
So here's what I recall from that other thread. If on a trip to a premier location (eg las vegas, atlantic city), theoretical gets added across all dates at a particular casino instead of averaged. I probably have some of this info garbled (couldn't find the exact post I'm thinking of and its maybe 5 years old). At least this is the rule I've been adhering to. So if I am comped at Caesars, I only play at Caesars for that stay. If I earn 2.5k on days 1 and 3 I will max my TCs given my budget but does this also max my ADT?
I'd appreciate if someone can confirm (or more likely correct) what I have here.