A very common question that I get from people who are interested in advantage playing slots is how much money can I make? I'll be straight up with you. It's impossible to give a direct answer to that question. I know slot hustlers who barely make enough to pay their rent. I also know hustlers who regularly make more than $500000 a year. There are a variety of factors that will determine how much you can make. Here are the biggest ones that I can think of.
Machines
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This one is pretty obvious. If there are few, if any advantage machines in a casino like Ocean Magic, Golden Egypt, Scarab or others, you won't make much money. Some casinos are absolutely loaded with these types of slots you'll feel like a kid in a candy store.
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Competition
What you are capable of earning may be affected by how many other people are trying to do the same thing you are. Some of us get lucky & have a casino with little, if any competition. Whereas a place like Las Vegas with their many casinos & advantage machines obviously has a ton of slot hustlers which may make things difficult.
Bankroll
What are you working with? When I started doing this I had next to nothing. This put me in a significant disadvantage against the other advantage players because I was limited in what I could go after. Most must-hit by progressives were out of the question in the beginning because I couldn't risk a big loss or busting out without hitting it. But don't fret if your starting bankroll is low. Just be cognizant of it & hopefully someday you'll be able to play for the big bucks.
Although roulette is a fairly simple game to play, there are dozens of different terms that are used in roulette that you may not be familiar with. These roulette terms appear again and again in writings about roulette, and you'll also hear many of them when you're at the roulette table. French Roulette. A variant of European Roulette which may offer La Partage or the 'en prison rule'. The table layout is slightly different and the names of the sectors are in French. Five Number Bet. A bet covering the 0, 00, 1, 2 and 3. Found only in American roulette- avoid it! The roulette ball slides down the bottom track before bouncing into the wheel head and its final resting place in a pocket. Carre: One of the French roulette terms used to refer to a Corner Bet (refer to Corner Bet for further explanation of this term). Common in European casinos. It's a bet on a specific group of numbers on a section of the roulette wheel that are neighbors on the wheel, but apart on the layout. Oustide bet: Bets on the non-number sections of the roulette layout. Pair: French term for Even Bet. Passe: French term for High Bet. Positive progression. Roulette Terminology The fact that roulette has it roots in France means that many of the terms are in French. We take a look at the terminology you will find when reading about roulette or playing at the casino. Some of the terms ralating to betting options are not available in all casinos. French roulette game.
Time
How much time are you willing to put into this? Some people view advantage playing slots simply as a hobby or a part-time job. They go to the casinos a few times a week & never spend more than a few hours each session. These types in my experience are usually the most easy-going hustlers because their entire existence doesn't depend on casinos. On the flipside there are the hardcore hustlers who make this their entire life. No exaggeration, their entire life. These people are in a casino almost all day, everyday.
Discipline
What is your goal? Hopefully it's to make a substantial profit over the long-term. But what do you do when there are no advantage machines in a playable state? Do you remain patient or do you break & start playing non-advantage games? What happens when you lose or take a bad beat? Do you brush it off & move on to the next play or start gambling on random machines in an effort to get back those losses?
How disciplined you are will go a long way in determining how successful you are at slot hustling. Just about all slot hustlers are pretty good at making money. But many of them do a poor job of holding onto it. After all most slot hustlers started off as your average, run of the mill gambler before figuring this stuff out & many often fall into some form of gambling trap. They may love to bet on sports, play at the tables or maybe have a favorite machine but I personally know too many hustlers who should be living comfortably but are grinding everyday because they keep blowing their winnings. Don't be like them.
With that said it is my hope that new advantage players will gain insight & develop a realistic expectation to how much can be made given their situation. This lifestyle isn't for everyone but for some it could be everything they could ever dream of in a casino & more.
In the context of casinos, comps are complimentary items and services given out by casinos to encourage players to gamble.[1] The amount and quality of comps that a player is given usually depends on a combination of factors: what game(s) they play, how much they bet, and how long they play.
Most casinos have casino hosts who are responsible for giving out free items and contacting players to bring them back to the casino. Pit bosses can also award comps at table games. Most casinos now urge players to obtain a player's club or similar card, so that their play can be tracked and comps awarded.[1]
Levels[edit]
The lowest level of comp available at most casinos is free alcohol and other beverages. Many casinos provide free drinks to anyone who is gambling.[1]
The second level of comp that many players earn is free self-parking, lounge access, or free meals. Many casinos have several players lounges and restaurants, and may require more play to earn a comp to higher-end restaurants. Often the player is given a certain amount to spend, but sometimes, particularly with high rollers, the player may be given the right to order as much food as they want and to bring guests.[citation needed]
The next level of comps is usually free hotel rooms, free valet parking, and free access to more exclusive VIP or 'high roller' lounges. Many casinos have attached hotels, but those that do not may have the ability to comp rooms to a hotel nearby.[citation needed] Many casino hotels have higher quality rooms, such as suites, villas, presidential suites, and so on for bigger bettors or VIP guests. Many players who receive hotel rooms receive a package called 'RFB' (for 'room, food, and beverage') or 'RF' (for 'room and food') for smaller bettors, or in jurisdictions where casinos are not allowed to give free alcohol.[citation needed]
Many casinos also offer other comps, especially to high rollers. These may include airfare reimbursement, limo rides, tickets to shows, golf, free concierge services, cash back, money to show up in the casino, loss rebates, private gaming areas, and private jet service.[2]
Casinos also frequently offer players comps by mail or email, or in casino apps. These may be free bet offers, free meals, discounted or free rooms, or entries into tournaments or prize drawings.[3] These offers will often come with terms and conditions that establish the rollover and wagering requirements.[4] An aspect most users overlook and the main cause for winnings withdrawal rejection. Pioneer hotel & gambling hall laughlin.
The Elite Cuisine 4-slice long-slot toaster has three illuminated control buttons where you choose the bagel, defrost or reheat settings. You can also adjust the shade of your toast to get 6 different browning levels. The controls are placed in front of the toaster for easy access. Safe To Use And Easy To Clean. Joint runner-up 4-slice toaster: Sage BTA730UK the Bit More 4 Slice Long Slot Toaster Best budget 2-slice toaster: Kenwood True TTP200 2-Slice Toaster Things to consider when buying a toaster.
Some casinos contract with bus companies to bring players in. Riders often enjoy free slot play, dining coupons, and other benefits, often worth as much as the bus fare itself.[5]
Calculation[edit]
Technically, every player may be offered comps, but most casinos require players to have played for a given period of time and play at a certain level, i.e., the duration of play and amount wagered are directly proportional to the level of expected comps. What games are played are also factors.[6] Casinos award comps based on a player's Average Daily Theoretical loss, also known as ADT, theoretical loss, or 'theo' for short. The theoretical loss is the amount of money a player is expected to lose based on the long run statistical advantage the casino has on the particular game being played.[7][8]
Theoretical loss algorithms differ somewhat among casinos,[9][10] but in general, the logic behind the calculation is as follows:
- Theoretical Loss = (Casino Advantage) × (Total Wager)[citation needed]
Hustling[edit]
Players known as 'comp counters', 'comp hustlers', or 'comp wizards'[11] attempt to maximize the amount of comps they receive while minimizing their expected gambling losses.[12][13] Comp hustlers play games with a low house advantage, such as blackjack or video poker, or games with small bet sizes, such as penny slots. Comp hustlers may use tactics such as placing large bets when a pit boss is checking their bet size to rate them for comps, and then moving to a smaller bet size when the boss is not watching. They may also take frequent breaks from playing, play at full tables to be dealt fewer hands per hour, and play more slowly.[12] Comp hustling is a type of advantage gambling if the player is able to hustle more in comps than their average cost of gambling.[14] And the author of 'How to Get a Dollar in Casino Comps for Every Dime You Lose Gambling', in their summary of key takeaways from Max Rubin's book, Comp City,[15] observes: 'The next step up from being a comp wizard is to become a comp counter. These players have specific knowledge and skills that enable them to combine a low house edge with comps in order to profit.' Another step up are practitioners of 'ACES (Advanced Comp Earning System). People practicing this kind of system earn a dollar's worth of comps for every dime they lose gambling.'[16]
Online[edit]
Online casinos, poker rooms, and sportsbooks offer a variety of bonuses that are similar to brick and mortar casino comps. Also similarly, comp hustlers and advantage players can use these bonuses to turn a profit via bonus hunting, or can convert these comps to a guaranteed profit using the technique of matched betting.
Many online casino operators are aware of the potential for losing money while giving out bonuses. As such, there is often a minimum wagering requirement for cashing out.
Some casinos will limit the payout in case of a win. Also, they may restrict players from playing certain games, often those games with a low house advantage. And, they may require players to bet the bonus amount multiple times before being able to cash out. For example, a casino may require a player to bet the bonus amount 50 times before being able to cash out. So, for a $100 bonus, a player would have to bet $5,000 before being able to cash out. Therefore, it is advantageous for players to check the wagering requirements of a bonus.[17] All bonuses have a turnover requirement. This means that placing a certain number of wagers, such as turnover 5x, means wagering 5 times the bonus. Most online casinos distinguish two types of bonuses: a no deposit bonus and a deposit bonus. First one does not require from a user to make a deposit at a casino in order to start playing. A deposit bonus requires from a user to make a deposit of certain amount of funds to start playing at the casino. Both of these type bonuses apply to terms and conditions of turnover requirements.[18]
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References[edit]
- ^ abc'Keeping Customers Happy in Casinos'. ABCNews. November 1, 2007.
- ^'Cashback Casino Bonuses'. Best Online Casino Offers.
- ^Grochowski, John (17 June 2003). 'Comps - The Basics'. Casino City Times.
- ^'Rollover and Wagering Requirements'. Onlineunitedstatescasinos.com. Retrieved 7 October 2020.
- ^Moro, Marianne (Leaf Group). 'Travel Tips: Atlantic City Casino Tours'. USA Today.
- ^'THE EXPERTS GUIDE TO COMPS'. www.smartgaming.com. Retrieved 2016-01-13.
- ^'CASINO COMPS & YOUR 'AVERAGE DAILY THEORETICAL''. N.E. Time Gambling. August 10, 2016. Archived from the original on October 28, 2018. Retrieved October 27, 2018.
- ^Coach Kitty. 'Gambling: Casino THEO: It's All About the Theo'. TravelZork.
- ^Scoblete, Frank. 'Getting the Most from Your Slot Play: Points, Bounceback, Mail Offers and Good Machines'. CasinoCenter.com. Retrieved October 30, 2018.
- ^Coach Kitty (April 19, 2017). 'Caesars Total Rewards Part 4: Generating Casino Offers (Marketing OFfers)'. TravelZork.
- ^Stevens, Michael (June 10, 2018). 'How Comps Work In Gambling (And How to Make Them Work for You)'. GamblingSites.org.
- ^ abRubin, Max (June 2001). Comp City. Huntington Press. ISBN978-0-929712-36-9.
- ^Scott, Jean (July 2005). The Frugal Gambler. Huntington Press. ISBN978-0-929712-40-6.
- ^'Comp Hustling'. Casinopedia. Retrieved October 27, 2018.
- ^Rubin, Max. Comp City.
- ^Rubin, Max. 'How to Get a Dollar in Casino Comps for Every Dime You Lose Gambling'. Gamblingsitesonline.org.
- ^'Casino bonuses'. Retrieved 2014-03-07.
- ^'No Deposit Bonus'. Retrieved 2019-05-24.
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