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mbstone Feb 27, 2011 2:58 am


Originally Posted by steve1998 (Post 15933988)
Back in Vegas again. I posted last month a bit about Mlife at Aria. This time I am at Monte Carlo in a Monaco suite (finally updated). My play last night consisted of a mix of slots and BJ. I checked this morning and my BJ play was 3hrs 5 min at an average bet of $350. That play yielded $81 in ExpressComps. Since I am now supposed to use those comps for meals, shows, etc and not get anything more from my host, I would say those pretty much suck. Of course, it really doesn't matter much when figuring comps, but between 2 MGM casinos last night I lost $9500 on BJ and slots. $81???? Hmmmmm. Once again, the time, play and comps were all verified today.

Whether you won $9500 or lost $9500 isn't the question. Suppose during that 3.5 hrs you were playing blackjack you played 40 hands per hour for a total of 140 hands at $350. If you are a perfect basic strategy player you have a -EV of 0.5% or about $1.75 per hand. This works out to a theoretical loss of $245 (more if you play poorly, learn your basic strategy cold!). The $81 comp offered to you therefore is not significantly out of line.

gengar Feb 27, 2011 12:42 pm


Originally Posted by steve1998 (Post 15936789)
Funny. Asked that question last night. 12% of comps go to express comps. I had another $100 in discretionary comps. I assume the rest are used for future RFB offers.

The 12% figure explains a lot. This just goes to show how ill-conceived the whole "Express Comps" system is. It's like MGM is making a feeble attempt at eliminating guest-host interactions while also trying to throw a bone to gamers who would rather just go through the website than have to call in. But at a meager 12% which could (depending on the property) be as low as 1/3 of what would normally be granted, it makes the whole scheme pointless and has the bonus effect of alienating players. As I mentioned before in this thread, everyone is still just going to have to talk to hosts anyway.



Originally Posted by mbstone (Post 15940155)
Whether you won $9500 or lost $9500 isn't the question.

Ya, he even said that himself - just look at what you quoted.

BTW, 40 hands/hr is extremely low even at a multiple player table (which is less likely at 350avg, too) and throws off your estimates.

dand99 Feb 28, 2011 6:11 am

I believe the standard these days is 60 rounds/hr for calculating comps. OF course, if you're playing heads up it'll be much more - but I don't think the pit suits can adjust anything to take that into consideration....

As to accumulated losses - that does help, but only if you're talking to someone who can work outside the framework of "computer said so".

D.


Originally Posted by gengar (Post 15942268)
The 12% figure explains a lot. This just goes to show how ill-conceived the whole "Express Comps" system is. It's like MGM is making a feeble attempt at eliminating guest-host interactions while also trying to throw a bone to gamers who would rather just go through the website than have to call in. But at a meager 12% which could (depending on the property) be as low as 1/3 of what would normally be granted, it makes the whole scheme pointless and has the bonus effect of alienating players. As I mentioned before in this thread, everyone is still just going to have to talk to hosts anyway.




Ya, he even said that himself - just look at what you quoted.

BTW, 40 hands/hr is extremely low even at a multiple player table (which is less likely at 350avg, too) and throws off your estimates.


gengar Mar 1, 2011 2:22 am


Originally Posted by dand99 (Post 15946200)
I believe the standard these days is 60 rounds/hr for calculating comps. OF course, if you're playing heads up it'll be much more - but I don't think the pit suits can adjust anything to take that into consideration....

60hph is about right for a full table, so I wouldn't be that surprised if casinos use that as a baseline for ratings - but anything less than a full table will be much faster than that.

Rating systems do accommodate variances in hph; on rating cards and in software this is usually referred to as "game speed". Of course, whether casinos or pit bosses choose to accurately measure this is a different issue.

dand99 Mar 1, 2011 6:41 am

Really ? I wasn't aware that game speed was factored into the system - you sound like you're familiar with these systems.... are you ?

D.


Originally Posted by gengar (Post 15952293)
60hph is about right for a full table, so I wouldn't be that surprised if casinos use that as a baseline for ratings - but anything less than a full table will be much faster than that.

Rating systems do accommodate variances in hph; on rating cards and in software this is usually referred to as "game speed". Of course, whether casinos or pit bosses choose to accurately measure this is a different issue.


gengar Mar 5, 2011 3:26 pm


Originally Posted by dand99 (Post 15953056)
Really ? I wasn't aware that game speed was factored into the system - you sound like you're familiar with these systems.... are you ?

D.

I'm familiar with some of the systems that are used, but not familiar with how companies actually implement and use them. For example, it's entirely possible that some casinos may just skip over the "game speed" rating category even if it's in the software and on the cards.

I'd be annoyed if hph weren't measured accurately since I almost always play heads-up... I mean, heads-up can probably exceed double the baseline 60hph even with shuffling.

baccarat_king Mar 6, 2011 7:02 pm


Originally Posted by gengar (Post 15981632)
I'd be annoyed if hph weren't measured accurately since I almost always play heads-up... I mean, heads-up can probably exceed double the baseline 60hph even with shuffling.

Some might say, that 'heads-up' play is not comp-maximizing (in almost all instances). ;)

MIAFlyer Mar 7, 2011 10:48 am


Originally Posted by steve1998 (Post 15933988)
Back in Vegas again. I posted last month a bit about Mlife at Aria. This time I am at Monte Carlo in a Monaco suite (finally updated). My play last night consisted of a mix of slots and BJ. I checked this morning and my BJ play was 3hrs 5 min at an average bet of $350. That play yielded $81 in ExpressComps. Since I am now supposed to use those comps for meals, shows, etc and not get anything more from my host, I would say those pretty much suck. Of course, it really doesn't matter much when figuring comps, but between 2 MGM casinos last night I lost $9500 on BJ and slots. $81???? Hmmmmm. Once again, the time, play and comps were all verified today.

Unfortunately, I know from expereince many MGM properties will comp 10% of actual losses, but you will have to speak to a host.

dand99 Mar 8, 2011 2:03 pm

Perhaps that's true when you form a longer-term relationship with a property ? Or when your losses are high ?


Originally Posted by MIAFlyer (Post 15990186)
Unfortunately, I know from expereince many MGM properties will comp 10% of actual losses, but you will have to speak to a host.


nrr Mar 29, 2011 11:09 am

When you look for offers in your account on www.mlife.com, there is a begin and end date, make sure you extend the end for several months, otherwise offers which are available probably won't be listed.:td:

dand99 Mar 31, 2011 4:47 am

Anybody have any idea how table game play translates into tier credits ?

I logged about 10 hrs x ~ $120 avg / hand (BJ) for ~ 30,000 tier credits - is that typical ?

nrr Apr 4, 2011 10:26 pm


Originally Posted by dand99 (Post 16133436)
Anybody have any idea how table game play translates into tier credits ?

I logged about 10 hrs x ~ $120 avg / hand (BJ) for ~ 30,000 tier credits - is that typical ?

In the MLife brochure they state:

"Your Tier Credits for playing table games accumulate according to length of play, average bet, and game type. For example, get rated at $25 per hand in blackjack for one hour and you will receive 550 Tier Credits."
So based on your play 10 x 4.8 x 550 = 26400, so you seem to have gotten the better of the deal.:) [120/25 = 4.8 ]

dand99 Apr 5, 2011 3:04 am

Thanks - I never got a brochure.

That's interesting. I have seen a few opinions about how much a gold (or above) status is worth - does anyone have any input on this as of the new system (2011) ? Any real perks to getting "elite" status ?

Thanks

D.


Originally Posted by nrr (Post 16161686)
In the MLife brochure they state:

"Your Tier Credits for playing table games accumulate according to length of play, average bet, and game type. For example, get rated at $25 per hand in blackjack for one hour and you will receive 550 Tier Credits."
So based on your play 10 x 4.8 x 550 = 26400, so you seem to have gotten the better of the deal.:) [120/25 = 4.8 ]


nrr Apr 5, 2011 8:26 am


Originally Posted by dand99 (Post 16162384)
Thanks - I never got a brochure.

That's interesting. I have seen a few opinions about how much a gold (or above) status is worth - does anyone have any input on this as of the new system (2011) ? Any real perks to getting "elite" status ?

Thanks

D.

In the same booklet I quoted from (above) they have a grid listing perks for the various levels. IMHO the whole program is not that great (compared to Harrahs), except that Gold and Plat. earn "Express Comps" at an accelerated rate.
[In Harrahs system: diamond level players: (1)special lounge, (2)special lines at their players club, (3)casino cage, (4)check-in--MLIFE Plats get none of these. There are special lines at the buffet for plats:p]

gengar Apr 7, 2011 1:35 am


Originally Posted by dand99 (Post 15998156)
Perhaps that's true when you form a longer-term relationship with a property ? Or when your losses are high ?

Both, and add in a third in that losses have to be consistent in order for hosts to base comps off anything other than ADT.


Originally Posted by dand99 (Post 16133436)
Anybody have any idea how table game play translates into tier credits ?

I logged about 10 hrs x ~ $120 avg / hand (BJ) for ~ 30,000 tier credits - is that typical ?

Seems about right. Although I was staying at Cosmo over March Madness I put in about 80 minutes at Bellagio, ~1.5k average and got a little under 60k credits. This is their double deck game (stand S17, no surr, no rsa).



Originally Posted by dand99 (Post 16162384)
That's interesting. I have seen a few opinions about how much a gold (or above) status is worth - does anyone have any input on this as of the new system (2011) ? Any real perks to getting "elite" status ?

Platinum in mlife is worthless for table games players (as you appear to be). Anything that a Platinum-level table games player can now get through Platinum would have been available previously by talking to a host anyway. And some of the listed perks are a total farce, such as nightclub access.

BTW, word on the street is that MGM is already planning a massive overhaul of mlife to make it more attractive, but it might be too late for that. Had a drink with my old host and all he did was complain about how many players he's losing. Really got to feel for the hosts. Best thing for all the Bellagio employees at this point would be if Elaine buys the property.


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