Is it true $1 dollar slot player is equal
#4
Join Date: Dec 2010
Location: Indianapolis
Programs: Hilton-Diamond Lifetime Platinum AA UA, WN-CP, SPG Gold.
Posts: 7,377
It all depend on how long they stay and how many machines they play...same answer for the guy who bet $125.00...
The longer you stay and the more hands you play, the more appreciated you are...
The longer you stay and the more hands you play, the more appreciated you are...
#5
Original Poster
Join Date: Feb 2016
Posts: 15
Is a dollar slot player equal to a 125 bj player in the eyes of most casinos
#6
Join Date: Jun 2012
Location: Michigan
Programs: DL PM
Posts: 855
I can't answer how the casino views the player, but let's look at the numbers.
A good blackjack game (3:2, S17) may have a house edge of around 0.4%. A full table will play around 60 hands per hour. At $125/hand times 0.004 times 60, that's an average profit of $30/hour for house from the bj player. Of course, 6:5 is much worse and the take could be about four times that ($120/hour)
Slot machine return is a lot harder to know, but Wizard of Odds has some published numbers from Vegas from 2012 that puts some machines at an average house keep of 5 to 6%. Penny machines may be much higher. Assuming 10 spins per minute, that's 10 * 60 * .05 * $1 = $30/hour. Penny machines might be double that or more.
Again, there's no telling how a casino views one player versus the next, but from this perspective the casino's take from a $125/hand BJ player may be similar to (or more than or less than) a $1/spin slot player, depending on what rules the BJ player is playing under and which machines the slot player is using.
A good blackjack game (3:2, S17) may have a house edge of around 0.4%. A full table will play around 60 hands per hour. At $125/hand times 0.004 times 60, that's an average profit of $30/hour for house from the bj player. Of course, 6:5 is much worse and the take could be about four times that ($120/hour)
Slot machine return is a lot harder to know, but Wizard of Odds has some published numbers from Vegas from 2012 that puts some machines at an average house keep of 5 to 6%. Penny machines may be much higher. Assuming 10 spins per minute, that's 10 * 60 * .05 * $1 = $30/hour. Penny machines might be double that or more.
Again, there's no telling how a casino views one player versus the next, but from this perspective the casino's take from a $125/hand BJ player may be similar to (or more than or less than) a $1/spin slot player, depending on what rules the BJ player is playing under and which machines the slot player is using.
#8
Original Poster
Join Date: Feb 2016
Posts: 15
I can't answer how the casino views the player, but let's look at the numbers.
A good blackjack game (3:2, S17) may have a house edge of around 0.4%. A full table will play around 60 hands per hour. At $125/hand times 0.004 times 60, that's an average profit of $30/hour for house from the bj player. Of course, 6:5 is much worse and the take could be about four times that ($120/hour)
Slot machine return is a lot harder to know, but Wizard of Odds has some published numbers from Vegas from 2012 that puts some machines at an average house keep of 5 to 6%. Penny machines may be much higher. Assuming 10 spins per minute, that's 10 * 60 * .05 * $1 = $30/hour. Penny machines might be double that or more.
Again, there's no telling how a casino views one player versus the next, but from this perspective the casino's take from a $125/hand BJ player may be similar to (or more than or less than) a $1/spin slot player, depending on what rules the BJ player is playing under and which machines the slot player is using.
A good blackjack game (3:2, S17) may have a house edge of around 0.4%. A full table will play around 60 hands per hour. At $125/hand times 0.004 times 60, that's an average profit of $30/hour for house from the bj player. Of course, 6:5 is much worse and the take could be about four times that ($120/hour)
Slot machine return is a lot harder to know, but Wizard of Odds has some published numbers from Vegas from 2012 that puts some machines at an average house keep of 5 to 6%. Penny machines may be much higher. Assuming 10 spins per minute, that's 10 * 60 * .05 * $1 = $30/hour. Penny machines might be double that or more.
Again, there's no telling how a casino views one player versus the next, but from this perspective the casino's take from a $125/hand BJ player may be similar to (or more than or less than) a $1/spin slot player, depending on what rules the BJ player is playing under and which machines the slot player is using.
Thanks!
#9
Join Date: Jan 2015
Location: Champaign, IL
Programs: Total Rewards Diamond, Wyndham Diamond, Marriott Gold, AA Gold
Posts: 564
I was betting $25 on the dont pass while laying $150 every roll for about 2 hours and the casino comp'd me $0.62. I was pissed.
Paris Las Vegas
Paris Las Vegas
#10
Original Poster
Join Date: Feb 2016
Posts: 15
That's why I stopped playing table games. I never seemed to get comped well. I just started playing slots and the offers are amazing
#12
Join Date: Jun 2005
Location: Charlotte, NC, USA | CLT, formerly LHR & AMS (with just a bit of PSP)
Programs: BAEC Gold, Hilton Diamond, BonVoy Titanium, (soon former) Caesars7*, (former) Wynn Black, HR "Icon"
Posts: 8,172
Without even thinking about it much....
Often can be. A $1 slot player, especially multi-line which could be $5 a spin. This action would be much more profitable to a casino than a $125/average bet table player.
You can run the numbers, based on coin-in versus time of play (average bet versus time of play). Using a 5-8% house edge for slots and a 1%+/- house edge for craps/blackjack (for comparison purposes).
The numbers do not lie.
#13
FlyerTalk Evangelist
Join Date: Jun 2001
Location: Redondo Beach, Ca
Posts: 30,731
I don't think they gave me hard numbers but I was told by the MLife desk that table play is less than slot and that has been my experience. Plus table play is somewhat of an estimate by the pit boss and slots are an actual number.
#14
Join Date: Jun 2005
Location: Charlotte, NC, USA | CLT, formerly LHR & AMS (with just a bit of PSP)
Programs: BAEC Gold, Hilton Diamond, BonVoy Titanium, (soon former) Caesars7*, (former) Wynn Black, HR "Icon"
Posts: 8,172
#15
Original Poster
Join Date: Feb 2016
Posts: 15
So the gf and I spent a day in AC.
According to the host:
We play for 6 hours each. She played 4 hours of blackjack at 25 a hand and 2 hours of slots at 1.32 avg pull.
I played slots for 6 hours at 1.42 avg pull.
The host was more inclined to comp my whole trip and gave the impression the gf's play wasn't enough to impress the casino.
According to the host:
We play for 6 hours each. She played 4 hours of blackjack at 25 a hand and 2 hours of slots at 1.32 avg pull.
I played slots for 6 hours at 1.42 avg pull.
The host was more inclined to comp my whole trip and gave the impression the gf's play wasn't enough to impress the casino.