Originally Posted by JBHighRoller (Post 19849150)

Baccarat King is exactly right. Vegas comps are based on "hypothetical loss". It generally makes no difference if they include odds bets or not, because as the King said, the % is lower.

Hypothetical Loss = (((Average Bet) * (Average # of decisions per hour)) / House Edge of Game Played) * # of Hours Played

If they include odds bets into that equation, it does one of two things in the eyes of the casino: (1) they reduce the house edge figure on the game to represent the adjusted/reduced house edge as a result of including 0 edge odds, OR (2) they reduce the % of the hypothetical loss they are willing to give back to the player in the form of comps.

Generally, most casinos give back 30-40% of the Hypothetical loss. If you think of it in terms on room/food comps, this is why it feels like you are "getting more" at the lower end resorts because their rooms/food cost less. In general, however, all casinos use the same comp parameters.

Originally Posted by baccarat_king (Post 19867113)

Point well taken.

But I "think" you mean theoretical NOT hypothetical loss. ;)

The two numbers casinos pay a lot of attention to are theoretical loss and actual loss.