Casino - Loss Rebates | GamblingForums.com

Loss Rebates Newsletters Money Management However, if casino management is smart, then they will either exclude video poker or remove the high-denomination games from eligibility. It may be that high-denomination slot machines are the better game to play under a 100% loss rebate promotion, depending on exact rules and game availability. Normally volatility is the enemy of the advantage Typical rebates range from 5% up to 20%, depending on the player’s bankroll and average bet. Loss rebates originated as a way to get players to quickly pay off a line of credit, but in recent years have become an expected perk of high-limit play. Many casinos now offer loss rebates on the big four: baccarat, blackjack, craps and roulette. The possibility of advantage play against these More typical, though, is for a casino to offer rebates that are loss-based and not time-based. For example, a casino might offer a 5% loss rebate for a loss from $100,000 to $300,000, a 10% loss rebate for a loss from $300,000 to $500,000 and a 15% loss rebate for any losses over $500,000. This type of loss rebate program encourages hit-and-run play. Bet as big as possible on as high-variance In several previous posts I investigated advantage play against loss rebates. These include two posts on Don Johnson (post 1, post 2) as well as this post on baccarat loss rebates and these two posts (post 1, post 2) on roulette loss rebates.My methodology has been to run a bunch of simulations for various win and loss-exit points to find those exit points that maximize the player’s return. rebates on loss are concerned, the average bet is not a true indicator of the actual reduction in casino advantage unless the average bet is the result of flat bets . If playing Blackjack, the total bet per round should be the total of every spot wagered. For example, if the player bet $1,000 in each of 5 spots per round for 50 rounds, the input should be with 5 spots selected under Game With discounts, the casino marketer depends on management looking at the player loss instead of what actually matters: the theoretical win after the discount. Casino marketers believe—falsely—that whatever a player lost is theirs to keep. However, if the casino won more than the theoretical advantage, the overages are simply being held in escrow for the same or another player to win. The Casino Loss Rebates. Discussion in 'Casino Forum' started by daily_double, Jun 14, 2016. daily_double Member. Joined: Nov 24, 2015 Likes: 3 Location: Ohio. Frank Scoblete posted an article @ Casino City Times on June 7 about loss rebates . I was wondering if anyone here has a deal going on such as he describes. If so, I would be interested in hearing about the deal. Did you ask for it or

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