Casino Theoretical Win Equation
2021年6月24日Register here: http://gg.gg/v46le
A theoretical win or expected win is calculated using the following formula: House Advantage × Game Pace × Average Bet × Duration = Theoretical Win. Most newly constructed casinos, and some existing ones, have experienced the benefits of technology with player ratings that are positioned on every table game. Every game in the casino will have a theoretical return to player based on statistics. Poker is an exception because this is a game where players compete against one another and the casino just takes a cut as a fee for hosting the game. However, games of ‘casino poker’ where the player takes on the casino will have a house edge built into them.
*Casino Theoretical Win Equation Generator
*Casino Theoretical Win Calculation
*Casino Theoretical Win Equation ExamplesmdsSo a very open Casino host answered a question I directly asked him..
Blackjack at .015? 60 hands an hour? Pretty fair?
HOST:
I will use the following theoretical formula:
Theoretical = (Average bet x hours played x hands per hour) x (House Edge / 100)
$750 Ave. X 28 hours X 60 hands X .015 = 18,900 is your theoretical
From that theoretical we consider 35% as your earned comps. 18,900 X .35 = $6,615
This is how we handle comps when using theoretical, we also consider 10% of loss, whatever is higher.
This figures are based on 4 hours of play a day, an average of $ 750 and at the game of Black Jack.
Results vary depending of game, time and average bet.geoffThis is about the average to expect. Depending on the property they’ll either use the actual loss rate of the blackjack table you play at or they’ll use the best rate in the casino (usually the high limit table which the .015 is). 60 Hands an hour is a bit on the low side, but again they want to get as much out as possible.AcesAndEights.015? Huh? What am I missing here?’So drink gamble eat f***, because one day you will be dust.’ -ontariodealerodiousgambit
.015? Huh? What am I missing here?
wondering the same thing
Quote: WoO link, bottom of page
Blackjack - 70 hands/hr at 0.75% (for comps)
http://wizardofodds.com/gambling/house-edge/the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!” She is, after all, stone deaf. .. Arnold SnyderFleaStiffThe formula seems correct though that 0.15 probably means you were at a very favorable blackjack game in a HIGH LIMIT room.
MOST casinos focus on your ’THEO’ and you should always know what your ACTUAL theo is, since their records reflect their impressions and estimates about your ’theo’.
MOST casinos base comps on your theoretical value (ie, expected losses) and only adjust this figure for massive actual losses and less often for massive actual wins. They focus on what you risked rather than how you actually did. Since your long term value to the casino is what you able and willing to RISK, not your personal variance in the short term. The casino focuses on your long term value to them and protects that value by short term actions to keep you happy.
Casinos will generally sweeten your comps a bit for a massive win so as to make you really want to come back. Most casinos will sweeten comps a bit if you had a very impressive and rapid loss so as to make the rest of your stay relatively pleasant particularly if you have a spouse or spouse equivalent with you who expect fancy restaurants rather than fast food joints. However, actual results have to be really spectacular (either as win or loss) before they will depart from their standard formula.BleedingChipsSlowlyInteresting thread, thanks for starting it, mds. ’Theo’ is a mystical thing hosts hint at but never discuss directly with clients; at least that’s how it is where I go. I have heard the ’four hours of play a day’ mentioned many times over the years. That seems to be the gold standard for defining serious customers. That is, I believe the play-time parameter in the formula is regarded as more important that it’s mathematical weight when hosts evaluate a customer. I have tried to educate some folks about how they are evaluated. They whine about how much money they have lost, thinking that is the only measure of worth. My standard line is, ’They only care about how much you bet, your luck or lack of it is your problem, not theirs.’ That reasoning is seldom believed.“You don’t bring a bone saw to a negotiation.” - Robert Jordan, former U.S. ambassador to Saudi ArabiaCrystalMathActually, 0.015 is 1.5%, which is rather high.MangoJ
MOST casinos base comps on your theoretical value (ie, expected losses) and only adjust this figure for massive actual losses and less often for massive actual wins. Casino free spins welcome bonus no deposit. They focus on what you risked rather than how you actually did. Since your long term value to the casino is what you able and willing to RISK, not your personal variance in the short term. The casino focuses on your long term value to them and protects that value by short term actions to keep you happy.
Roulette Wheel 18 Inch ABS with Steel Spinner. $129.95 $139.00. Roulette Wheel 18 inch Satin Mahogany with Gold Finish Turret. Roulette Wheel 20 inch. Roulette doritos where to buy. 【Roulette wheel】This is a 12-inch roulette wheel. The professional roulette wheel European roulette wheel is made of high-grade wood and has the highest quality craftsmanship. 【Applicable occasions】This product is well-made, beautiful and durable, and can be used in any official casino event and poker room. Recreate a casino at home with your very own roulette wheel. Choose from different styles, such as a table wheel, standing wheel, or novelty roulette wheel. Classic table wheel: Opt for a deluxe wooden roulette wheel to recreate the ambience of a casino. Roulette sets also typically include a playing cloth, cards, gaming chips, and a.
Although the comps should based on expected loss rather than actual losses - the house does it for different reasons than stated above. If comps are based on actual losses, the house is widely open for systematic exploitation.mds
Interesting thread, thanks for starting it, mds. ’Theo’ is a mystical thing hosts hint at but never discuss directly with clients; at least that’s how it is where I go. I have heard the ’four hours of play a day’ mentioned many times over the years. That seems to be the gold standard for defining serious customers. That is, I believe the play-time parameter in the formula is regarded as more important that it’s mathematical weight when hosts evaluate a customer. I have tried to educate some folks about how they are evaluated. They whine about how much money they have lost, thinking that is the only measure of worth. My standard line is, ’They only care about how much you bet, your luck or lack of it is your problem, not theirs.’ That reasoning is seldom believed.
Casino Theoretical Win Equation GeneratorI get that all the time from friends. They lose 3000 in an hour or less and want 3 nights at RFB or RFBI.. Just doesn’t work that way. Most importantly, to the Casino it’s about hours played. As you put in more play time that’s when you will lose. You will get comped more but you will lose at the tables. In other words, just pay for your room food and beverage yourself! Why lose 4000 at the tables to get a 200 a night room comped? Short term winners and long term losers. Except if you are an AP. Should be opposite.FleaStiff
Although the comps should based on expected loss rather than actual losses - the house does it for different reasons than stated above. If comps are based on actual losses, the house is widely open for systematic exploitation. Actual losses if rather whopping or early in one’s stay will merely ’sweeten’ the comps that are based on a player’s theo. The sweetener is modest since in most circumstances only Theo is considered.
Time at Table can be three hours but it seems four is simply more impressive by a profound amount and it is rumored that at the Venetian the four hour mark is critical.
*Page 1 of 2jefflinkI need to understand what values have been placed into my system by my predessor so I can see if I am comping correctly. I am a new casino mgr at a property and am trying to see if my comping measures are correct, I ran a test on a John Doe account and gave him a $100 buy in with one hour of play at a $25 avg bet and a $100 cash out. I did this on craps, BJ, Roulette and 3 card poker. On craps the system gavee him a $16 theo loss and a $4 comp. On BJ it gave him a $17 theo loss and a $4 comp. On Roulette it gave him a $42 theo loss with $10 in comps and on 3 Card it gave him a $33 theo loss and $8 in comps. I’m just wanting to figure out the correct theo formula that was programed into the system and it’s relationship to the comp $ offered? Can anyone help me?mkl654321
I need to understand what values have been placed into my system by my predessor so I can see if I am comping correctly. I am a new casino mgr at a property and am trying to see if my comping measures are correct, I ran a test on a John Doe account and gave him a $100 buy in with one hour of play at a $25 avg bet and a $100 cash out. I did this on craps, BJ, Roulette and 3 card poker. On craps the system gavee him a $16 theo loss and a $4 comp. On BJ it gave him a $17 theo loss and a $4 comp. On Roulette it gave him a $42 theo loss with $10 in comps and on 3 Card it gave him a $33 theo loss and $8 in comps. I’m just wanting to figure out the correct theo formula that was programed into the system and it’s relationship to the comp $ offered? Can anyone help me?
Sounds like the system is treating all games equal, with comps at about 22% of theo. However, this is wrong. Players should be comped at 200 percent of theoretical loss. I strongly suggest that you have the system reprogrammed to reflect this.The fact that a believer is happier than a skeptic is no more to the point than the fact that a drunken man is happier than a sober one. The happiness of credulity is a cheap and dangerous quality.---George Bernard ShawTriplell
Sounds like the system is treating all games equal, with comps at about 22% of theo. However, this is wrong. Players should be comped at 200 percent of theoretical loss. I strongly suggest that you have the system reprogrammed to reflect this.
Is this serious? How would a casino make money?rdw4potus
I need to understand what values have been placed into my system by my predessor so I can see if I am comping correctly. Slot o pol mega jack free. I am a new casino mgr at a property and am trying to see if my comping measures are correct, I ran a test on a John Doe account and gave him a $100 buy in with one hour of play at a $25 avg bet and a $100 cash out. I did this on craps, BJ, Roulette and 3 card poker. On craps the system gavee him a $16 theo loss and a $4 comp. On BJ it gave him a $17 theo loss and a $4 comp. On Roulette it gave him a $42 theo loss with $10 in comps and on 3 Card it gave him a $33 theo loss and $8 in comps. I’m just wanting to figure out the correct theo formula that was programed into the system and it’s relationship to the comp $ offered? Can anyone help me?
The payback % of ~20-25% of theoretical loss is appropriate (though, if you do decide to increase it, that’d be great..).
Looking at the house edges for those games and the average number of decisions per hour, I get
BJ: $25 bet * 70 hands per hour * .6% HA = $10.50 theoretical loss
TCP: $25 bet * 30 hands per hour * 3.5% HA = $26.25 theoretical loss
Craps: $25 bet * 80 rolls per hour * 30% roll resolution rate* 1.41% HA= $8.46 theoretical loss *EDITED*
Roulette: $25 bet * 60 spins per hour* 5.26% HA= $78.90 theoretical loss
Depending on the exact rules of your games and the pace of play in your casino, you can adjust the decisions/hour and house advantage to get a more accurate theoretical loss. Also, please note that there is pretty much a 0% chance of $100 lasting an hour with a $25 average bet in any of these games.’So as the clock ticked and the day passed, opportunity met preparation, and luck happened.’ - Maurice Clarettrdw4potus
Is this serious? How would a casino make money?
It’s tongue-in-cheek. But, to answer your question..video keno:-)’So as the clock ticked and the day passed, opportunity met preparation, and luck happened.’ - Maurice ClarettTriplellIsn’t the house edge in craps based on bets resolved? And Aren’t most bets resolved on an average of 3-4 rolls. So the TL should be much less for craps I would say.rdw4potus
Isn’t the house edge in craps based on bets resolved? And Aren’t most bets resolved on an average of 3-4 rolls. So the TL should be much less for craps I would say.
D’oh, you’re right! I don’t play craps, and I thought about just leaving that one off the list. Instead I went for it and blew it. I’ve edited my post to reflect your comment.’So as the clock ticked and the day passed, opportunity met preparation, and luck happened.’ - Maurice ClarettjefflinkThank you so very much. You are a life saver!scotty81Comps for craps & BJ are more difficult because the type of bet and skill level of the player make a big difference. But, your levels are close to the industry average which is 20% of the average bet per hour for these games. This should put your comp value at $5, but $4 is close enough.
You might want to adjust your roulette comp. Your system is assuming a pretty slow game: 30 spins per hour. 35 spins per hour is the current industry norm for a ’blended’ roulette theoretical. Some games move very fast. Some are excruciatingly slow. I suspect that some of the more sophisticated comp systems allow the pit to enter the speed of the game, which affects the theoretical. The Rapid Roulette systems are generally valued at almost double of a regular game because the RR game moves so fast - typically north of 50 spins per hour.
Another factor you need to be aware of is that, in general, 40% of the ’theo’ is reserved for marketing in the overall scheme of things. The comps you are able to dole out at your discretion are only a portion of this total. The other portion goes into the other offers the casino uses to entice the player to come back (free rooms, promotional chips, tournaments, etc.) Your ’discresionary’ percentage appears to be 25%, which is about average.
Since 00 Roulette offers you a huge HA, and the skill level of the player is not a factor, you might want to look into increasing the comp value so that you attract more roulette players. In general, the industry norm is to weight roulette at four times the value of BJ when it comes to comps. Upping the average number of assumed spins per hour to 35 or 40 instead of 30 would put you more in line with the industry average.
Casino Theoretical Win CalculationSo, I would say that with the execption of possibly underrating your roulette play, your comps are comparable with industry averages.Casino Theoretical Win Equation ExamplesPrediction is very difficult, especially about the future. - Niels Bohr
Register here: http://gg.gg/v46le
https://diarynote.indered.space
A theoretical win or expected win is calculated using the following formula: House Advantage × Game Pace × Average Bet × Duration = Theoretical Win. Most newly constructed casinos, and some existing ones, have experienced the benefits of technology with player ratings that are positioned on every table game. Every game in the casino will have a theoretical return to player based on statistics. Poker is an exception because this is a game where players compete against one another and the casino just takes a cut as a fee for hosting the game. However, games of ‘casino poker’ where the player takes on the casino will have a house edge built into them.
*Casino Theoretical Win Equation Generator
*Casino Theoretical Win Calculation
*Casino Theoretical Win Equation ExamplesmdsSo a very open Casino host answered a question I directly asked him..
Blackjack at .015? 60 hands an hour? Pretty fair?
HOST:
I will use the following theoretical formula:
Theoretical = (Average bet x hours played x hands per hour) x (House Edge / 100)
$750 Ave. X 28 hours X 60 hands X .015 = 18,900 is your theoretical
From that theoretical we consider 35% as your earned comps. 18,900 X .35 = $6,615
This is how we handle comps when using theoretical, we also consider 10% of loss, whatever is higher.
This figures are based on 4 hours of play a day, an average of $ 750 and at the game of Black Jack.
Results vary depending of game, time and average bet.geoffThis is about the average to expect. Depending on the property they’ll either use the actual loss rate of the blackjack table you play at or they’ll use the best rate in the casino (usually the high limit table which the .015 is). 60 Hands an hour is a bit on the low side, but again they want to get as much out as possible.AcesAndEights.015? Huh? What am I missing here?’So drink gamble eat f***, because one day you will be dust.’ -ontariodealerodiousgambit
.015? Huh? What am I missing here?
wondering the same thing
Quote: WoO link, bottom of page
Blackjack - 70 hands/hr at 0.75% (for comps)
http://wizardofodds.com/gambling/house-edge/the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!” She is, after all, stone deaf. .. Arnold SnyderFleaStiffThe formula seems correct though that 0.15 probably means you were at a very favorable blackjack game in a HIGH LIMIT room.
MOST casinos focus on your ’THEO’ and you should always know what your ACTUAL theo is, since their records reflect their impressions and estimates about your ’theo’.
MOST casinos base comps on your theoretical value (ie, expected losses) and only adjust this figure for massive actual losses and less often for massive actual wins. They focus on what you risked rather than how you actually did. Since your long term value to the casino is what you able and willing to RISK, not your personal variance in the short term. The casino focuses on your long term value to them and protects that value by short term actions to keep you happy.
Casinos will generally sweeten your comps a bit for a massive win so as to make you really want to come back. Most casinos will sweeten comps a bit if you had a very impressive and rapid loss so as to make the rest of your stay relatively pleasant particularly if you have a spouse or spouse equivalent with you who expect fancy restaurants rather than fast food joints. However, actual results have to be really spectacular (either as win or loss) before they will depart from their standard formula.BleedingChipsSlowlyInteresting thread, thanks for starting it, mds. ’Theo’ is a mystical thing hosts hint at but never discuss directly with clients; at least that’s how it is where I go. I have heard the ’four hours of play a day’ mentioned many times over the years. That seems to be the gold standard for defining serious customers. That is, I believe the play-time parameter in the formula is regarded as more important that it’s mathematical weight when hosts evaluate a customer. I have tried to educate some folks about how they are evaluated. They whine about how much money they have lost, thinking that is the only measure of worth. My standard line is, ’They only care about how much you bet, your luck or lack of it is your problem, not theirs.’ That reasoning is seldom believed.“You don’t bring a bone saw to a negotiation.” - Robert Jordan, former U.S. ambassador to Saudi ArabiaCrystalMathActually, 0.015 is 1.5%, which is rather high.MangoJ
MOST casinos base comps on your theoretical value (ie, expected losses) and only adjust this figure for massive actual losses and less often for massive actual wins. Casino free spins welcome bonus no deposit. They focus on what you risked rather than how you actually did. Since your long term value to the casino is what you able and willing to RISK, not your personal variance in the short term. The casino focuses on your long term value to them and protects that value by short term actions to keep you happy.
Roulette Wheel 18 Inch ABS with Steel Spinner. $129.95 $139.00. Roulette Wheel 18 inch Satin Mahogany with Gold Finish Turret. Roulette Wheel 20 inch. Roulette doritos where to buy. 【Roulette wheel】This is a 12-inch roulette wheel. The professional roulette wheel European roulette wheel is made of high-grade wood and has the highest quality craftsmanship. 【Applicable occasions】This product is well-made, beautiful and durable, and can be used in any official casino event and poker room. Recreate a casino at home with your very own roulette wheel. Choose from different styles, such as a table wheel, standing wheel, or novelty roulette wheel. Classic table wheel: Opt for a deluxe wooden roulette wheel to recreate the ambience of a casino. Roulette sets also typically include a playing cloth, cards, gaming chips, and a.
Although the comps should based on expected loss rather than actual losses - the house does it for different reasons than stated above. If comps are based on actual losses, the house is widely open for systematic exploitation.mds
Interesting thread, thanks for starting it, mds. ’Theo’ is a mystical thing hosts hint at but never discuss directly with clients; at least that’s how it is where I go. I have heard the ’four hours of play a day’ mentioned many times over the years. That seems to be the gold standard for defining serious customers. That is, I believe the play-time parameter in the formula is regarded as more important that it’s mathematical weight when hosts evaluate a customer. I have tried to educate some folks about how they are evaluated. They whine about how much money they have lost, thinking that is the only measure of worth. My standard line is, ’They only care about how much you bet, your luck or lack of it is your problem, not theirs.’ That reasoning is seldom believed.
Casino Theoretical Win Equation GeneratorI get that all the time from friends. They lose 3000 in an hour or less and want 3 nights at RFB or RFBI.. Just doesn’t work that way. Most importantly, to the Casino it’s about hours played. As you put in more play time that’s when you will lose. You will get comped more but you will lose at the tables. In other words, just pay for your room food and beverage yourself! Why lose 4000 at the tables to get a 200 a night room comped? Short term winners and long term losers. Except if you are an AP. Should be opposite.FleaStiff
Although the comps should based on expected loss rather than actual losses - the house does it for different reasons than stated above. If comps are based on actual losses, the house is widely open for systematic exploitation. Actual losses if rather whopping or early in one’s stay will merely ’sweeten’ the comps that are based on a player’s theo. The sweetener is modest since in most circumstances only Theo is considered.
Time at Table can be three hours but it seems four is simply more impressive by a profound amount and it is rumored that at the Venetian the four hour mark is critical.
*Page 1 of 2jefflinkI need to understand what values have been placed into my system by my predessor so I can see if I am comping correctly. I am a new casino mgr at a property and am trying to see if my comping measures are correct, I ran a test on a John Doe account and gave him a $100 buy in with one hour of play at a $25 avg bet and a $100 cash out. I did this on craps, BJ, Roulette and 3 card poker. On craps the system gavee him a $16 theo loss and a $4 comp. On BJ it gave him a $17 theo loss and a $4 comp. On Roulette it gave him a $42 theo loss with $10 in comps and on 3 Card it gave him a $33 theo loss and $8 in comps. I’m just wanting to figure out the correct theo formula that was programed into the system and it’s relationship to the comp $ offered? Can anyone help me?mkl654321
I need to understand what values have been placed into my system by my predessor so I can see if I am comping correctly. I am a new casino mgr at a property and am trying to see if my comping measures are correct, I ran a test on a John Doe account and gave him a $100 buy in with one hour of play at a $25 avg bet and a $100 cash out. I did this on craps, BJ, Roulette and 3 card poker. On craps the system gavee him a $16 theo loss and a $4 comp. On BJ it gave him a $17 theo loss and a $4 comp. On Roulette it gave him a $42 theo loss with $10 in comps and on 3 Card it gave him a $33 theo loss and $8 in comps. I’m just wanting to figure out the correct theo formula that was programed into the system and it’s relationship to the comp $ offered? Can anyone help me?
Sounds like the system is treating all games equal, with comps at about 22% of theo. However, this is wrong. Players should be comped at 200 percent of theoretical loss. I strongly suggest that you have the system reprogrammed to reflect this.The fact that a believer is happier than a skeptic is no more to the point than the fact that a drunken man is happier than a sober one. The happiness of credulity is a cheap and dangerous quality.---George Bernard ShawTriplell
Sounds like the system is treating all games equal, with comps at about 22% of theo. However, this is wrong. Players should be comped at 200 percent of theoretical loss. I strongly suggest that you have the system reprogrammed to reflect this.
Is this serious? How would a casino make money?rdw4potus
I need to understand what values have been placed into my system by my predessor so I can see if I am comping correctly. Slot o pol mega jack free. I am a new casino mgr at a property and am trying to see if my comping measures are correct, I ran a test on a John Doe account and gave him a $100 buy in with one hour of play at a $25 avg bet and a $100 cash out. I did this on craps, BJ, Roulette and 3 card poker. On craps the system gavee him a $16 theo loss and a $4 comp. On BJ it gave him a $17 theo loss and a $4 comp. On Roulette it gave him a $42 theo loss with $10 in comps and on 3 Card it gave him a $33 theo loss and $8 in comps. I’m just wanting to figure out the correct theo formula that was programed into the system and it’s relationship to the comp $ offered? Can anyone help me?
The payback % of ~20-25% of theoretical loss is appropriate (though, if you do decide to increase it, that’d be great..).
Looking at the house edges for those games and the average number of decisions per hour, I get
BJ: $25 bet * 70 hands per hour * .6% HA = $10.50 theoretical loss
TCP: $25 bet * 30 hands per hour * 3.5% HA = $26.25 theoretical loss
Craps: $25 bet * 80 rolls per hour * 30% roll resolution rate* 1.41% HA= $8.46 theoretical loss *EDITED*
Roulette: $25 bet * 60 spins per hour* 5.26% HA= $78.90 theoretical loss
Depending on the exact rules of your games and the pace of play in your casino, you can adjust the decisions/hour and house advantage to get a more accurate theoretical loss. Also, please note that there is pretty much a 0% chance of $100 lasting an hour with a $25 average bet in any of these games.’So as the clock ticked and the day passed, opportunity met preparation, and luck happened.’ - Maurice Clarettrdw4potus
Is this serious? How would a casino make money?
It’s tongue-in-cheek. But, to answer your question..video keno:-)’So as the clock ticked and the day passed, opportunity met preparation, and luck happened.’ - Maurice ClarettTriplellIsn’t the house edge in craps based on bets resolved? And Aren’t most bets resolved on an average of 3-4 rolls. So the TL should be much less for craps I would say.rdw4potus
Isn’t the house edge in craps based on bets resolved? And Aren’t most bets resolved on an average of 3-4 rolls. So the TL should be much less for craps I would say.
D’oh, you’re right! I don’t play craps, and I thought about just leaving that one off the list. Instead I went for it and blew it. I’ve edited my post to reflect your comment.’So as the clock ticked and the day passed, opportunity met preparation, and luck happened.’ - Maurice ClarettjefflinkThank you so very much. You are a life saver!scotty81Comps for craps & BJ are more difficult because the type of bet and skill level of the player make a big difference. But, your levels are close to the industry average which is 20% of the average bet per hour for these games. This should put your comp value at $5, but $4 is close enough.
You might want to adjust your roulette comp. Your system is assuming a pretty slow game: 30 spins per hour. 35 spins per hour is the current industry norm for a ’blended’ roulette theoretical. Some games move very fast. Some are excruciatingly slow. I suspect that some of the more sophisticated comp systems allow the pit to enter the speed of the game, which affects the theoretical. The Rapid Roulette systems are generally valued at almost double of a regular game because the RR game moves so fast - typically north of 50 spins per hour.
Another factor you need to be aware of is that, in general, 40% of the ’theo’ is reserved for marketing in the overall scheme of things. The comps you are able to dole out at your discretion are only a portion of this total. The other portion goes into the other offers the casino uses to entice the player to come back (free rooms, promotional chips, tournaments, etc.) Your ’discresionary’ percentage appears to be 25%, which is about average.
Since 00 Roulette offers you a huge HA, and the skill level of the player is not a factor, you might want to look into increasing the comp value so that you attract more roulette players. In general, the industry norm is to weight roulette at four times the value of BJ when it comes to comps. Upping the average number of assumed spins per hour to 35 or 40 instead of 30 would put you more in line with the industry average.
Casino Theoretical Win CalculationSo, I would say that with the execption of possibly underrating your roulette play, your comps are comparable with industry averages.Casino Theoretical Win Equation ExamplesPrediction is very difficult, especially about the future. - Niels Bohr
Register here: http://gg.gg/v46le
https://diarynote.indered.space
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