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Caesars Diamond/Seven Star's Program Changes for 2015
I'm starting this thread for anyone to post any rumored changes for the upcoming year, in either requirements or benefits.
I assume actual changes will be announced right after April 1. |
Is the program year April - March?
I have never had a CET card before. I plan to (ab)use the daily tier credit multipliers to get 7* and see what I can get out of them (hoping to double dip on offers when I am in town for MGM events, and perhaps score free rooms for friends in the process). I figure that it makes the most sense to start at the beginning of the program year (so I can get as close to 2 years worth as possible, even if I decide to stop playing there). I'd be interested in hearing the rumors about program changes! I just hope they don't get rid of the 10k bonus tier credits for earning 5k in a day :) |
[QUOTE=VegasGambler;24159977]Is the program year April - March?
QUOTE] yes |
Originally Posted by VegasGambler
(Post 24159977)
Is the program year April - March?
I have never had a CET card before. I plan to (ab)use the daily tier credit multipliers to get 7* and see what I can get out of them (hoping to double dip on offers when I am in town for MGM events, and perhaps score free rooms for friends in the process). I figure that it makes the most sense to start at the beginning of the program year (so I can get as close to 2 years worth as possible, even if I decide to stop playing there). I'd be interested in hearing the rumors about program changes! I just hope they don't get rid of the 10k bonus tier credits for earning 5k in a day :) I'd like to hear how your 7 stars quest goes if you're willing to share. Some day I might want to attempt something similar, but 10 days of earning 5000 tier credits would be a lot of work with my current budget. |
Originally Posted by mudpuppy
(Post 24175219)
They just started the 10k tier credit bonus last year (I found the e-mail announcement from 12/31/13) so I doubt they would do away with it so quickly, but who knows.
I'd like to hear how your 7 stars quest goes if you're willing to share. Some day I might want to attempt something similar, but 10 days of earning 5000 tier credits would be a lot of work with my current budget. I am not sure if I will play the good games in Vegas, or the worse ones that still earn 1 TC for every $10. From a pure "buying TCs" standpoint, the good games are still cheaper, but I'd assume that the bad games also have higher theo, so after considering the amount of freeplay that I'll get in my offers, the worse games might work out to a better deal. I'll poke around a bit and see if anyone knows what the theos on these machines are set to (if someone has any inside info they are willing to share, please PM me) and if I can't find out I might experiment a bit and see what happens. Unfortunately CET properties treat theo like a state secret. It's the total opposite at any m-life property -- you can just ask your host what your theo was on a trip and they will tell you. |
I just got an email that tier credits earned from 1/1-3/31 will gain a 50% bonus. I guess they are trying everything to lure people in after their chapter 11 filing.
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I'm rather new to having status with TR, but I believe the qualification year runs 1/1/15 to 12/31/15 for 2016 status (my tier credits reset to zero on 1/1), so you can start earning now rather than waiting until April.
In fact I just got the following e-mail, which is a really sweet deal to get extra tier credits prior to 3/31. Dear mudpuppy, As you may have heard, a Caesars Entertainment subsidiary and some related business units have filed for reorganization under Chapter 11. The reorganization is part of our efforts to ensure our long-term success and our ability to deliver world-class entertainment to you for many years to come. We want to assure you that Total RewardsŪremains the same, and we are here to stay. As you are one of our most valuable guests, the following are a few important details that we want to make sure you are aware of as you visit our resorts and casinos: Business as usual at all Total Rewards resorts and casinos We are open for business and will continue to operate as usual Total Rewards remains the same You will continue to receive offers and comps from your favorite resorts and casinos Your Reward Credit balance remains in place The Tier Status you have earned for 2015 stays in place You will continue to earn Tier Credits and Reward Credits for all of your activity Daily Tier Credit Bonuses will remain the same through 2015 Your hotel and event reservations are secure Our employees are here to serve you Plus, heres the really exciting news! We would like to take this opportunity to give you MORE! Through March 31st, 2015, we are giving you a 50% bonus on the first 50,000 Tier Credits you earn! So, you could walk away with up to 25,000 EXTRA Tier Credits to count towards your Tier Status, and we even started counting on January 1st.* Thank you for your continued loyalty. We will keep doing everything we can to offer you the best casino loyalty program. See you soon! Michael J. Marino Vice President of Total Rewards *Member must earn at least 1,000 Tier Credits by March 31, 2015 to be eligible for the promotion. 50% Tier Credit Bonus will be awarded on up to the first 50,000 Tier Credits earned from January 1, 2015 through March 31, 2015, for a maximum total bonus of 25,000 Tier Credits. Daily Tier Credit Bonuses will count toward the 50,000 Tier Credits maximum. Loyalty bonuses are not earned Tier Credits and thus, are not eligible for this promotion. Tier Credit Bonuses, including this promotion, do not count toward Reward Credit balance, promotional Tier Credit earnings, or qualifying for another daily bonus. Total Tier Credit Bonus amount awarded through this promotion will be calculated after March 31st, 2015 and will be posted to the Total Rewards account on April 15, 2015. |
I've got a question out to Ceasars about the bonuses this year and am waiting to hear back. The major bonus that hasn't been discussed here IMO is the fact that hotel rooms count towards tier points $1=1TP.. so that made me ask do rooms count towards the earn 5000TP in 1day get 10000 bonus, and that made me ask how will that break down in terms of applying to the account, say you stay in a villa for 2 night at $1000 a night, will you earn 1000pts two days, or 2000pts on checkout, that makes a difference come bonus time. Two nights in a villa (especially if you split that 2 bedroom room with a friend or 2) +500TC earned gambling is platinum + the 50% bonus in March puts you pretty close to Diamond without wagering as much money, if you stay 3-4 nights, charge everything to the room shows meals etc, split the cost at the end it makes, you can definetly get your hotel folio over $5k when that applies, instant diamond, plus all the gambling is gravy on top of that.
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Originally Posted by sbjnyc
(Post 24180603)
I just got an email that tier credits earned from 1/1-3/31 will gain a 50% bonus. I guess they are trying everything to lure people in after their chapter 11 filing.
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Originally Posted by Herb687
(Post 24223057)
This is a targeted offer though, right?
The email says nothing about being exclusive to the recipient. |
The 50% bonus is posted on their facebook page, so its for everyone. They got back to me and confirmed everything as stated above. The hotel folio is processed in one day, so a long stay adds up and can equal platinum or diamond status in a day with the bonus, also that non gaming credits (hotel and shopping) count towards the earn 500 in one day get 125 free bonuses. and that the 50% bonus will apply to those TCs earned as bonuses. all in all a decent year if you want to earn diamond or 7*.
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Originally Posted by cashmoneyhoes
(Post 24253182)
The 50% bonus is posted on their facebook page, so its for everyone. They got back to me and confirmed everything as stated above. The hotel folio is processed in one day, so a long stay adds up and can equal platinum or diamond status in a day with the bonus, also that non gaming credits (hotel and shopping) count towards the earn 500 in one day get 125 free bonuses. and that the 50% bonus will apply to those TCs earned as bonuses. all in all a decent year if you want to earn diamond or 7*.
If I earn 5,000 tier credits in one day, I earn a 10,000 daily tier credit bonus, right? So that's 15,000 tier credits before we consider this latest promotion. With this new bonus, do I: A) earn another 50% on top of the entire 15,000 for a total of 22,500 tier credits at the end of the day?; or B) earn a 50% bonus just on the 5,000 base tier credits, for an additional 2,500 and a total of 17,500? In any event, the total maximum "bonus" tier points from both the daily bonuses AND this extra 50% appears to be limited to 50,000 bonus tier points for the 3 months ended 3/31/2015, right? |
Oh, I see, so my post in the other thread was wrong. This will only get you half way to 7* (50k + 25k bonus = 75k).
So you can get to 7* by playing 8 days of 5k pts and 1 day of 2500 pts for a total of 42500 base pts. |
Originally Posted by Soccerdad1995
(Post 24257329)
I'm hoping that someone can explain this to a poor uneducated individual such as myself?
If I earn 5,000 tier credits in one day, I earn a 10,000 daily tier credit bonus, right? So that's 15,000 tier credits before we consider this latest promotion. With this new bonus, do I: A) earn another 50% on top of the entire 15,000 for a total of 22,500 tier credits at the end of the day?; or B) earn a 50% bonus just on the 5,000 base tier credits, for an additional 2,500 and a total of 17,500? In any event, the total maximum "bonus" tier points from both the daily bonuses AND this extra 50% appears to be limited to 50,000 bonus tier points for the 3 months ended 3/31/2015, right? |
Originally Posted by mudpuppy
(Post 24259188)
The answer is A. I was shocked, but it clearly states in the T&C that you will earn the 50% bonus on your daily tier credit bonuses. You are limited to a total of 25,000 tier credits under this promo.
With many casino programs (like Mlife) tier isn't worth anything without the play to back it up (so promos that match or accelerate your tier status are worthless). But with CET you seem to get a lot just for being 7*. Even if your host doesn't give you anything at all on top of the guaranteed benefits (and that won't happen) it is worth a fair bit. |
In most (except Las Vegas) you don't earn Tier Credits when you are using "free play".
Besides perks like limo service between hotel and airport (just mentioning one), 7*'s have separate lines at (1)total rewards center, (2)casino cage. [I passed through Bellagio a few days ago--there are NO special "tiered" lines (for MLife players):td:] |
Originally Posted by VegasGambler
(Post 24259205)
IMO this is too good of a promo not to take advantage of.
With many casino programs (like Mlife) tier isn't worth anything without the play to back it up (so promos that match or accelerate your tier status are worthless). But with CET you seem to get a lot just for being 7*. Even if your host doesn't give you anything at all on top of the guaranteed benefits (and that won't happen) it is worth a fair bit. Agreed on CET giving you a lot for just hitting the 7* level. The other quirk of CET's TR system is that they rely so heavily on ADT and supposedly reset ADT after 6-12 months of non-activity. This leads to an obvious play of maxing out the daily tier credit bonuses (and this latest bonus), thereby getting 7* with play (and ADT) compressed as much as possible. This high ADT will generate big offers 2-3 months after your play. As soon as those offers materialize, book a bunch of weekend flights to Vegas, collect the free play, but play at other chains. After 6 months of this, the offers will dry up, but if you time it right you will still have over a year of 7* status to reap the minimum guaranteed benefits from. Once your 7* status is finally running out, rinse and repeat the above steps. As an aside, there are some other property groups that give good guaranteed benefits just for hitting the highest tier levels, although I don't think any of them are in Vegas. Mlife is not good at all in this respect. I think it is safe to estimate that one could easily generate $10,000 just in free play as a result of hitting 7*, as long as they compress their qualifying play into as short a period as possible (thereby maximizing ADT). Of course, you then have to actually make the necessary trips to collect on that free play. But if you also place a value on the free rooms / suites, $500 annual free dinner, etc., etc., then the value prop is clearly there. This all assumes that CET does not decide to tighten up on discretionary comps as a result of their impending bankruptcy proceedings. |
Originally Posted by nrr
(Post 24261296)
In most (except Las Vegas) you don't earn Tier Credits when you are using "free play".
Besides perks like limo service between hotel and airport (just mentioning one), 7*'s have separate lines at (1)total rewards center, (2)casino cage. [I passed through Bellagio a few days ago--there are NO special "tiered" lines (for MLife players):td:] |
I think it is safe to estimate that one could easily generate $10,000 just in free play as a result of hitting 7*, as long as they compress their qualifying play into as short a period as possible (thereby maximizing ADT). $450k VP coin-in over 8 days (with min $50k per day) will get you there (45k TC + 80k multiplier + 25k bonus = 150k = 7*). I have no idea what their theo is on good VP but let's assume that it's 1% (if it's different just scale accordingly). So the 8-day plan would get you an ADT of $563 and it would cost you $2074 in EV. On the other hand you could do it by playing $950k over 3 days. That would get you 95k TC + 30k multiplier + 25k bonus = 150k = 7*. Your ADT would be $3167 but your total EV cost would be $4370. It seems pretty clear to me that reaching 7* is worth the $2070. The question is, is raising your ADT from $563 to $3167 worth another $2300? I would guess that is probably is, but I'm not sure exactly how their offers work. Of course, you then have to actually make the necessary trips to collect on that free play. But if you also place a value on the free rooms / suites, $500 annual free dinner, etc., etc., then the value prop is clearly there. |
Originally Posted by VegasGambler
(Post 24263092)
I've been thinking about this. The problem is that compressing it into fewer days is that you aren't taking full advantage of the tier multipliers any more (anything over 5k TC in a day is not tripled). So while you will have higher ADT, you will have to put in a lot more coin-in to get 7*.
$450k VP coin-in over 8 days (with min $50k per day) will get you there (45k TC + 80k multiplier + 25k bonus = 150k = 7*). I have no idea what their theo is on good VP but let's assume that it's 1% (if it's different just scale accordingly). So the 8-day plan would get you an ADT of $563 and it would cost you $2074 in EV. On the other hand you could do it by playing $950k over 3 days. That would get you 95k TC + 30k multiplier + 25k bonus = 150k = 7*. Your ADT would be $3167 but your total EV cost would be $4370. It seems pretty clear to me that reaching 7* is worth the $2070. The question is, is raising your ADT from $563 to $3167 worth another $2300? I would guess that is probably is, but I'm not sure exactly how their offers work. I'm thinking of folks who don't live near a CET casino and don't want to (or can't) take a ton of days off work between now and the end of March. |
I understand that. I just wonder what the offers are going to look like if I hit 7* with an ADT in the $500 range. That seems low to me.
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Originally Posted by Soccerdad1995
(Post 24262024)
True, but in fairness, I have also only had to ever wait behind one other person when cashing in chips at Bellagio. Plus the main cashier has a good line of sight to their nightclub so you get some interesting eye candy walking by as you wait in line during certain times of the evening.
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Lots of negative 7* changes beginning 4/1/15
NO
(1)free limo between airports and hotels (2)free check cashing, debit card cash advances (3)annual gift selection Side note: When you reach 250,000 TC, you get 1 Experience Credit; each additional 250,000 gets you another EC--the 1 EC level while nicer than last year is not all that great. If you get 2,000,000 TC (8 x 250,000), one choice is to watch the 2 minute Kentucky Derby at Churchill Downs in a VIP viewing area + a free dinner [transportation is NOT included]...personally I don't find this perk very exciting.:td: |
Originally Posted by LOCommish
(Post 24227589)
"Member must earn at least 1,000 Tier Credits by March 31, 2015 to be eligible for the promotion. 50% Tier Credit Bonus will be awarded on up to the first 50,000 Tier Credits earned from January 1, 2015 through March 31, 2015, for a maximum total bonus of 25,000 Tier Credits. Daily Tier Credit Bonuses will count toward the 50,000 Tier Credits maximum. Loyalty bonuses are not earned Tier Credits and thus, are not eligible for this promotion. Tier Credit Bonuses, including this promotion, do not count toward Reward Credit balance, promotional Tier Credit earnings, or qualifying for another daily bonus. Total Tier Credit Bonus amount awarded through this promotion will be calculated after March 31st, 2015 and will be posted to the Total Rewards account on April 15, 2015. "
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Originally Posted by VegasGambler
(Post 24263092)
$450k VP coin-in over 8 days (with min $50k per day) will get you there (45k TC + 80k multiplier + 25k bonus = 150k = 7*). I have no idea what their theo is on good VP but let's assume that it's 1% (if it's different just scale accordingly). So the 8-day plan would get you an ADT of $563 and it would cost you $2074 in EV.
On the other hand you could do it by playing $950k over 3 days. That would get you 95k TC + 30k multiplier + 25k bonus = 150k = 7*. Your ADT would be $3167 but your total EV cost would be $4370. It seems pretty clear to me that reaching 7* is worth the $2070. The question is, is raising your ADT from $563 to $3167 worth another $2300? I would guess that is probably is, but I'm not sure exactly how their offers work.
Originally Posted by VegasGambler
(Post 24264072)
I understand that. I just wonder what the offers are going to look like if I hit 7* with an ADT in the $500 range. That seems low to me.
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