Wednesday, April 25, 2012

Wynn/Encore Comps

I leave for Vegas in a week and have two rooms comped at the Palazzo for 3 nights. I LOVED the P when I stayed there last year. The rooms are the perfect size for us (family of 3 w/ teenager) as they have the pullout couch.





However, I am a little nervous about the financial state of the Venetian/Palazzo. Will the gambling be tighter? Is their a serious possibility of them closing up their doors soon? Has anyone stayed there recently - has the service gone downhill?





I just visited the website for the Encore...and it looks amazing. I am wondering if I should spend time gambling next door at the Wynn on this trip so that I can get comped at the Encore in the future. What do you guys thing? And how much $ would I probably need to gamble to get comped at the Wynn/Encore? We mainly play VP.





Thanks!



Wynn/Encore Comps


Relax have fun and enjoy your trip!!





I will be staying at the V mid-December....(I am a worrier and am not worried that they are going to fold and go away).......if they do I will change my plans last minute :)





I would keep my reservation if I were you.....I would also gamble a bit at the Wynn if you want some offers later on. You will have to be a higher roller to get comped at the Wynn though.....





Enjoy your trip with your family!! Lea :)



Wynn/Encore Comps


We dropped somewhere in the neighborhood of $3k when we were at the P over the summer. We probably won%26#39;t be spending as much this trip though with the way the economy is going...yikes!





They have taken good care of us at the P. For that kind of $, will we get the same at the Wynn? And does this kind of action warrant a ';host';? I am new at this comp thing.




';dropped?'; Bet in total? If you used a bankroll of $3000 or so, that would represent much more through a VP machine as you re-bet your wins etc. VP is comped at generally 1/2 the rate as slots and $3000 bankroll or ';dropped'; will not get much at Wynn especially over a several day period. Think $3000 into the machine several times over a couple days. Or think comped buffet.




The amount of money you lose, is not necessarily the basis to earn comps.



the generic basis for comps at table games is the $ bet a hand on how many hours you play. Usually a minimum of 4 hour basis. If you bet $100 a hand for an hour, might not get much of anything.





On slot machines, they are looking at how much money goes thru the machine and the number of hours of play. You might lose $3000 in a few hours in slots or you might lose $300 in 12 hours of play and actually run $15,000 thru the machines. the casinos like to see lots of money in and out of slots.





The casinos will also notice how many times a year you visit. If they think you are there once a year, they would favor a person who goes 4 times a year.





Each casino has guidelines, but there is latitude and variations beyond your contral, like lousy business right now.





What do I do? play a lot and if I am near even after 3 days. I quit playing at that point. so it looks like I ran a lot of money thru the machines.




I would at least go next door to the Wynn and sign-up for their slot card(it%26#39;s called the red card) because you will then most likely get emailed room promotions from the Wynn even if you don%26#39;t drop a cent in their casino.




To answer the OP%26#39;s actual questions:





Will the gambling be tighter? There was a recent interview where Mr. Adelson indicated a slot hold somewhat higher than is typical. It could be a minor fluctuation, or indicate that LVS has actually reduced slot payouts. They have certainly removed all decent VP games.





Is their a serious possibility of them closing up their doors soon? No.





Has the service gone downhill? No evidence of this yet.





We%26#39;re staying at the Venetian next week as well, though we will not gamble there much, if any, since we are also VP players.





Don%26#39;t worry about LVS%26#39;s financial state - even if they should become in technical default of some of their finance covenants, they certainly would not shut down their source of income. At worst, future plans will be trimmed back (have been in fact, e.g. the condo tower, plans in Macau) and, as you%26#39;ve seen decent games will vanish.





Good Luck!






i totally agree with BRIDGEMAN



as forLT LISTNERFI betting 25 cent vp and then $200 plus blackjack.I will be there last week nov will be picked up limo from wynns plus salon suite rfb and you dont get that kind of comps jumping from 25 cents slots to $ 200 tables




I have doubts that they are reprogramming machnes, but rather yanking machines out and replacing them with tighter machines. But maybe, the machines they remove from service do get tightened then placed on the floor again. like converting 9/6 machines to 8/5.





But,,,,, when people do not win, and see no one else winning, they tend to leave fast and not return to that casino.





I wonder how many thousand players avoid the harrahs joints with 6/5 blackjack for that reason.

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