Pre-purchase casino credits

[Welly9]

PPPuck I never knew that, i have to try that next time...

[knuckles]

I just spoke to a very knowledgeable casino club program representative.  He stated that the 'extra free' play will be given exactly as the original purchase is provided in terms of the exact same type of chips.  He is aware that people may purchase only to get the free money and this may be modified in the future if it doesn't go the way they hoped.  I am going on the Brilliance of the seas in 9 days and I purchased $2000 each for myself and my wife.  That is the limit per person per cruise.  We each will also receive a $20 scratch off ticket.  If anything is different than what I was told, I will let everyone know.

 

Hope this helps.

Knuckles

[tekguy26]

4 minutes ago, knuckles said:

I just spoke to a very knowledgeable casino club program representative.  He stated that the 'extra free' play will be given exactly as the original purchase is provided in terms of the exact same type of chips.  He is aware that people may purchase only to get the free money and this may be modified in the future if it doesn't go the way they hoped.  I am going on the Brilliance of the seas in 9 days and I purchased $2000 each for myself and my wife.  That is the limit per person per cruise.  We each will also receive a $20 scratch off ticket.  If anything is different than what I was told, I will let everyone know.

 

Hope this helps.

Knuckles

 

Noice, that's what I wanted to hear. But the T&C's suggest the bonus funds are different

 

For table play, promotional chips will be issued all at once; promotional chips must be played through and are not redeemable for cash. No contra betting permitted on Roulette or Baccarat. Promotional chips must be used by the SeaPass holder who purchased Offer. Chip denominations are subject to availability. Guest must present SeaPass at table play for Casino recording.

 

But either way, sounds like the original money is free to cash out at anytime as I had expected. I still have a hard time believing the bonus money would be free like that... but you'll know soon enough. Good luck!

[FireEMT978]

Well, because of the "Confusion", I decided to cancel my $2000.00 commitment for now.

Until I can get more "Written policy", on how exactly this will work.

I'd love to do this. But, the unknown, isn't worth any headache, that may be caused by this.

[clean1owner]

11 hours ago, RC_Cruisers said:

Here is my take on the $2000 purchase of chips.

 

The $2000 in chips will be given to you in normal chips.  You won't have to take it all at once.  When you go to the cashier to withdraw, tell him/her the amount you want and the rest will remain in your account.  So for example you can withdraw $200 in chips which leaves $1800 in your account.  If you so choose you could turn around and cash in these chips without even playing them, but the casino is betting you won't (again my take).

 

You will also be entitled to $200 in 'promotional' chips.  These chips work like the normal chips but cannot be cashed out.  If you win you will win normal chips.  To get the best value only play the promo chips until you have used them all, so if you lose a hand of blackjack keep using the promo chips before using regular chips.

 

The casino is trying to get people on the tables and slots.  Land based casinos use similar methods (free play, match play, etc) to get you into their casinos as well.  The difference being that most land based casinos you have to either drive or fly to, ship casinos are an elevator ride away for each of the 7 days (on average) that you are on the ship......convenience.

 

Again my take but would be surprised if it doesn't work very close to this.

 

 

 

 

I disagree with your take, and this is why.

 

 

The terms and conditions specifically say that if you purchase xxx amount of "Free Play" you will get xx amount of "Free Play" as a bonus. It also says "Free play issued as promotional chips."  Nothing about any of the purchase being live chips.

 

Plus, "For table play, promotional chips will be issued all at once, promotional chips must be played through and are not redeemable for cash."

 

I'm giving this the literal interpretation that you are purchasing ALL Free Play, and ALL of the Free Play is promotional chips, which can't be turned in for cash, only played through.

 

One thing everyone has to remember. The main purpose of the Casino is NOT to help you have a wonderful trip. It is NOT to give you some kind of a great deal. The main purpose of the casino is to separate you from your money, any way possible.

 

Call me cynical, but I have seen casino promotions for more than 30 years, and I have yet to see one that isn't designed to be a money maker for the house. I wouldn't be at all surprised to find out the program is as I interpret it, and if you complain, they simply tell you it is clearly explained in the terms and conditions.

 

I have done a copy and paste of the T&C below, and highlighted in red the pertinent sentences.

 

 

I do have a question that hopefully someone can answer........What is Contra betting?

 

 

 

 

FreePlay Bonus Offer (“Offer”) applies to purchases made via Cruise Planner no less than three days prior to cruise departure.

Offer provides bonus FreePlay in addition to the value of FreePlay purchased, and a scratch-off card. Amount of bonus FreePlay and value of scratch-off card varies by FreePlay value purchased: a $25 FreePlay bonus for purchase of $500 for a total of $525 in FreePlay, with a $5 scratch off card; a $75 FreePlay bonus for purchase of $1,000 for a total of $1075 in FreePlay, with a $10 scratch off card; and a $200 FreePlay bonus for purchase of $2,000 for a total of $2,200 in FreePlay, with a $20 scratch off card.

FreePlay issued as promotional chips. Price shown at time of purchase reflects discount and is in USD.

Limit one denomination per Offer, Offer limit up to $2,000 value per person. Offer must be redeemed at Casino cage during casino open hours by the guest who purchased Offer. Redemption is the responsibility of the guest; value of Offer expires at the end of the cruise. For table play, promotional chips will be issued all at once; promotional chips must be played through and are not redeemable for cash. No contra betting permitted on Roulette or Baccarat. Promotional chips must be used by the SeaPass holder who purchased Offer. Chip denominations are subject to availability. Guest must present SeaPass at table play for Casino recording.

 

[clean1owner]

10 hours ago, knuckles said:

I just spoke to a very knowledgeable casino club program representative.  He stated that the 'extra free' play will be given exactly as the original purchase is provided in terms of the exact same type of chips.  He is aware that people may purchase only to get the free money and this may be modified in the future if it doesn't go the way they hoped.  I am going on the Brilliance of the seas in 9 days and I purchased $2000 each for myself and my wife.  That is the limit per person per cruise.  We each will also receive a $20 scratch off ticket.  If anything is different than what I was told, I will let everyone know.

 

Hope this helps.

Knuckles

 

And according to the promotion, the original purchase is Free Play. And all of the Free Play is promotional chips. 

[FireEMT978]

22 minutes ago, clean1owner said:

 

 

 

 

I disagree with your take, and this is why.

 

 

The terms and conditions specifically say that if you purchase xxx amount of "Free Play" you will get xx amount of "Free Play" as a bonus. It also says "Free play issued as promotional chips."  Nothing about any of the purchase being live chips.

 

Plus, "For table play, promotional chips will be issued all at once, promotional chips must be played through and are not redeemable for cash."

 

I'm giving this the literal interpretation that you are purchasing ALL Free Play, and ALL of the Free Play is promotional chips, which can't be turned in for cash, only played through.

 

One thing everyone has to remember. The main purpose of the Casino is NOT to help you have a wonderful trip. It is NOT to give you some kind of a great deal. The main purpose of the casino is to separate you from your money, any way possible.

 

Call me cynical, but I have seen casino promotions for more than 30 years, and I have yet to see one that isn't designed to be a money maker for the house. I wouldn't be at all surprised to find out the program is as I interpret it, and if you complain, they simply tell you it is clearly explained in the terms and conditions.

 

I have done a copy and paste of the T&C below, and highlighted in red the pertinent sentences.

 

 

I do have a question that hopefully someone can answer........What is Contra betting?

 

 

 

 

FreePlay Bonus Offer (“Offer”) applies to purchases made via Cruise Planner no less than three days prior to cruise departure.

Offer provides bonus FreePlay in addition to the value of FreePlay purchased, and a scratch-off card. Amount of bonus FreePlay and value of scratch-off card varies by FreePlay value purchased: a $25 FreePlay bonus for purchase of $500 for a total of $525 in FreePlay, with a $5 scratch off card; a $75 FreePlay bonus for purchase of $1,000 for a total of $1075 in FreePlay, with a $10 scratch off card; and a $200 FreePlay bonus for purchase of $2,000 for a total of $2,200 in FreePlay, with a $20 scratch off card.

FreePlay issued as promotional chips. Price shown at time of purchase reflects discount and is in USD.

Limit one denomination per Offer, Offer limit up to $2,000 value per person. Offer must be redeemed at Casino cage during casino open hours by the guest who purchased Offer. Redemption is the responsibility of the guest; value of Offer expires at the end of the cruise. For table play, promotional chips will be issued all at once; promotional chips must be played through and are not redeemable for cash. No contra betting permitted on Roulette or Baccarat. Promotional chips must be used by the SeaPass holder who purchased Offer. Chip denominations are subject to availability. Guest must present SeaPass at table play for Casino recording.

 

I agree 100% with you. ALL of the purchased chips/slot credits, are seen as "free play/promotional. The ONLY thing that you will be able to cash out is what is "Won". You are guaranteeing that you WILL PLAY, that entire amount. Whatever you have come out "ahead", you will be able to cash out. I didn't have a problem with that. But, on slots, you do not accrue points on "promotional/free play". If I can get a guarantee, that I would receive the proper points for my play, then i will purchase the package again.

[clean1owner]

6 minutes ago, FireEMT978 said:

I agree 100% with you. ALL of the purchased chips/slot credits, are seen as "free play/promotional. The ONLY thing that you will be able to cash out is what is "Won". You are guaranteeing that you WILL PLAY, that entire amount. Whatever you have come out "ahead", you will be able to cash out. I didn't have a problem with that. But, on slots, you do not accrue points on "promotional/free play". If I can get a guarantee, that I would receive the proper points for my play, then i will purchase the package again.

 

 

Hey St Bonnie! I'm in Shakopee. We're practically neighbors!

[Ourusualbeach]

39 minutes ago, clean1owner said:

 

I do have a question that hopefully someone can answer........What is Contra betting?

 

 

 

Placing equal bets on red and black in order to be able to get chips that have won in order to cash out. 

[Racer26]

Yep.  Contrabetting is a technique devised to clear these types of bonuses by simultaneously betting on opposite outcomes, guaranteeing half of your bets win.  Player/banker on baccarat or pass/don't pass on craps are both better ways to do it than red/black on roulette.

 

I'm pretty sure you'll get the full value in non-cashable chips.  Nonetheless, the 10% extra on the 2k package should be enough to overcome the house edge, even on the crappy rule-sets the cruise ship casinos play under.  Statistically, if you played your $2200 only until you lost the promo chips, and never played any cash chips, you should have more than $2000 at the end on average, and have played through $2200 worth of playing.  I would absolutely take this deal, as long as I can use the chips anywhere I can use cash chips, and get the $2200 in $5 chips.

[0mzzz]

9 hours ago, Racer26 said:

Yep.  Contrabetting is a technique devised to clear these types of bonuses by simultaneously betting on opposite outcomes, guaranteeing half of your bets win.  Player/banker on baccarat or pass/don't pass on craps are both better ways to do it than red/black on roulette.

 

I'm pretty sure you'll get the full value in non-cashable chips.  Nonetheless, the 10% extra on the 2k package should be enough to overcome the house edge, even on the crappy rule-sets the cruise ship casinos play under.  Statistically, if you played your $2200 only until you lost the promo chips, and never played any cash chips, you should have more than $2000 at the end on average, and have played through $2200 worth of playing.  I would absolutely take this deal, as long as I can use the chips anywhere I can use cash chips, and get the $2200 in $5 chips.

I don't think it's enough to overcome house edge - when you win a bet only the winnings are paid in live chips.  From my understanding the original bet remains as a promotional chip.  Since these are void by the end of the cruise you are basically signing up to "lose" the $2200 over the course of the cruise.. you will win some real chips along the way of course, but you are stuck with having to lose all of your original buy in or have it voided at the end.

[clean1owner]

11 hours ago, Racer26 said:

Yep.  Contrabetting is a technique devised to clear these types of bonuses by simultaneously betting on opposite outcomes, guaranteeing half of your bets win.  Player/banker on baccarat or pass/don't pass on craps are both better ways to do it than red/black on roulette.

 

I'm pretty sure you'll get the full value in non-cashable chips.  Nonetheless, the 10% extra on the 2k package should be enough to overcome the house edge, even on the crappy rule-sets the cruise ship casinos play under.  Statistically, if you played your $2200 only until you lost the promo chips, and never played any cash chips, you should have more than $2000 at the end on average, and have played through $2200 worth of playing.  I would absolutely take this deal, as long as I can use the chips anywhere I can use cash chips, and get the $2200 in $5 chips.

 

 

So if you buy the $2000 package, You HAVE TO LOSE $2200 worth of bets, or go home with some awfully expensive souvenir trinkets. I personally don't gamble with the intention of losing. 

[Racer26]

In the slots, they give you 1 point per $5 wagered.

 

On my last voyage, I had apx 2400 slot points.  That means I wagered over $10k on the slots.  Including my table play as well (which earns points slower), I had an additional 2500 points or so.  Over the course of the 9nt voyage, I lost $2200 net.  I made well over $20,000 in wagers.  I admit I'm a higher level player, but basically any "prime" tier player will play enough to churn the chips.

 

If you're a player that is consistently coming home with free cruise vouchers, I can all but guarantee you that you have enough churn in your wagering to convert the chips, while giving up less than the 10% bonus.

 

Most games have a house edge of under 3%.  Playing the promo chips only until you lose them, over enough trials, you should only lose around 3%, but they gave you 10% extra, so you should on average end up with around 107% of the $2k - about $2140. If you played 440 hands of $5 blackjack for your $2200 in wagers, 95% of the time, you would be within $120 of that average.

[RC_Cruisers]

Ok so I just made 2 phone calls, one to a RC Cruise Planning Rep and one to Club Royale Rep.

 

RC Cruise Planning Rep:

- Must play through the full $2200 before cashing in ($2000 + bonus $200)

 

Club Royale Rep:

- $2000 is cashable any time, the $200 must be played through and you can cash out once you've done that (ie play 200 spins on a $1 slot then cash out whatever you've earned during those spins.

 

Both reps said you earn points on everything.

 

So basically nobody still knows how this works 😞

 

[IceBearFloats]

15 minutes ago, Racer26 said:

If you're a player that is consistently coming home with free cruise vouchers

 

Any tips and pointers on working one up to this? I usually walk away up, few dollars, nothing week changing -- but I get ZILCH. Typically do table games, but always hear people on the penny slots getting $500+ vouchers and free cruises. Would love to join this rank and file!

 

@Racer26

[Racer26]

25 minutes ago, IceBearFloats said:

 

Any tips and pointers on working one up to this? I usually walk away up, few dollars, nothing week changing -- but I get ZILCH. Typically do table games, but always hear people on the penny slots getting $500+ vouchers and free cruises. Would love to join this rank and file!

 

@Racer26

If you want to do that, basically slots are how you do it.  Table games pay points much more slowly.  Roulette and Three card poker pay points much faster than blackjack and craps.  My 2500 table points on that voyage, I was in the casino most of the hours it was open to get them.

 

2400 points combined on the tables and slots over a voyage gets you a free cruise in an inside cabin.  3600 is ocean view, 4800 is balcony.

 

You can ask the casino host to check how many points you have at any time. 

 

IIRC 1200 gets you free drinks in the casino for the remainder of your current voyage, and 2500 points in a calendar year gets you "prime" tier status, which automatically gives free drinks on each voyage plus one free cruise in an inside cabin on any 8nt sailing that doesn't cross a US Federal holiday per year.

 

In my case, my last 3 voyages got a balcony, ocean view and balcony voucher, and I lost $6k, $4.5k and $2.2k respectively.  Basically, I end up prepaying for my next cruise generally.  Given enough trials I'm sure I'll come home up one time.

[KnowWhenToHoldEm]

Just throwing in my two cents on this...

 

If you purchase the slot credits, I suspect all of them will be loaded to your SeaPass and programmed in such a way that they must be wagered at least once before they can be withdrawn.  That is, if you bought the $2,000 of slot credits and got $200 free, you would have to wager $2,200 before you could withdraw whatever 'winnings' were left.

 

This is a pretty even deal for the casino - the house hold (or edge) on slots will be somewhere between 5% and 15% - so you can expect to get back between $1870 and $2090, although depending on the variance you experience (how lucky/unlucky you are), you could end up much lower than $1870 (likely) or much higher than $2090 (less likely).

 

The bigger concern for me on slots would be whether the $2,200 of wagering counted for slot points or not - if you're playing to earn status in the casino, or towards a free cruise, that's a lot to wager without it even registering as money wagered, even though you paid $2,000 to obtain it!

 

I suspect this would come down to how the onboard casino programs the slot credits..  I suspect the above would apply, but as this is a new program, each casino may have different takes on how to handle processing the credits.

 

I am going to try this myself for $6,000 paid (hence $600 'free') table chips on a cruise next month, and will report back on how it goes.

 

From reading the terms, it is clear that what should happen is that I receive $6,600 in 'promo' chips on board.  At most casinos, these are bet as normal, and if they win, the win is paid as if the promo chip was a real chip, and the real chip can be re-bet.  If they lose, the promo chip is taken, so to get the full value out of the promo chips, I will have to wager until I have 'lost' $6,600 in wagers.  Of course, I will hopefully have won at least one wager while trying to lose my $6,600!

 

In practice, I suspect the casinos won't do this..  I'm hopeful that they will give me $600 in promo chips and $6,000 as regular chips, as it's a hassle for the tables to have to process through a large amount of promo chips.  I think there's an outside chance that they may just give me $6,600 in regular chips, especially if I've already played a few hours and established that I am there to gamble rather than just take the money and cash out my $600 'profit'.

 

The slight concern I have with the promotion is the same as my concern over the slot credits, that the pit bosses would rate that play differently or not at all if I'm playing with promo chips, but point earning is so mean anyway for table play that I don't think I will be missing out on a huge amount of table points..

[0mzzz]

1 hour ago, KnowWhenToHoldEm said:

I am going to try this myself for $6,000 paid (hence $600 'free') table chips on a cruise next month, and will report back on how it goes.

I think $2200 credit for $2000 upfront is the most you can do.  The T&C has "Offer limit up to $2,000 value per person"

Edited November 28, 2018 by 0mzzz

[KnowWhenToHoldEm]

You're right, I read that part wrong, thought it mean maximum bonus value was $2,000 (ie can purchase up to 10x $2,000 to earn 10x $200 bonus).

 

Will report back what happens when I actually process the transaction, but suspect it will only let me purchase 1x $2,000

[Racer26]

I am considering doing it with both the slot and table offer on my next voyage.  Would like to see how someone who does it is handled first before I commit to $4k though.

[Welly9]

Your credits will continue to accrue! NP there. 

Slot play credits is for slot play only, all considered Free Play though, so $2K plus the $200, all for slots, not interchangeable. 

Same as for Chips and table play, you still gain credits, and as you all know credits are calculated little different, based on time and your bets. 

So you can do $4K but it will be $2K per each slots and chips.

From the Higher ups! 

[slotmomma3]

On 11/26/2018 at 7:59 PM, slotmomma3 said:

That is my concern as well.  I called Club Royale and was told you do earn points on the $2000, but when I asked for that in writing he said he could not do tat.  He suggested that I send an email to ClubRoyale@rccl.com and ask for clarification.  I did that just now.  I will come back here and post IF I hear back lol.

Ok I got a response!!!!  I am posting below.

Dear Roslyn,

 

Thank you for contacting Royal Caribbean’s Club Royale! 

 

We apologize for any confusion. To clarify, the original purchased chips will earn you points when played but not the bonus chips from the promotion. 

 

If we can be of further assistance, please feel free to call and speak with one of our Club Royale agents toll-free at 1-888-561-2234. We are available from 8:00 am to 10:00 pm, Monday through Friday, and from 9:00 am to 5:30 pm, Saturday and Sunday (EST). You may also reach us at ClubRoyale@rccl.com.

 

Kind Regards,

 

Julie V.

Club Royale Agent | Consumer Outreach

Royal Caribbean International | Azamara Club Cruises

(P) 888.561.2234 | (F) 305.358.9295

 

 

 

.

------------------------------------------------Original Message-------------------------------------------------------- 

There is a new offer in my cruise planner called $200 slot credits and $20 scratch card.  In the terms and conditions it calls the $2000 cost and the promo free play promotional.  i am pasting the part that concerns me below.

 

Promo Slot Credit Bonus Offer (“Offer”) applies to purchases made via Cruise Planner no less than three days prior to cruise departure. Offer provides bonus slot credits in addition to the value of slot play purchased, and a scratch off card. Amount of bonus credits and value of scratch off card varies by value of credits purchased: $25 in bonus slot credit for pre-cruise purchase of slot play credits valued at $500, for a total of $525 in promotional slot credit; $75 slot credit bonus for $1,000 for a total of $1,075 in promotional slot credit; and 10% bonus slot credit when you purchase $2,000 of play, for a total of $2,200 in promotional slot credit. 

 

Price shown at time of purchase reflects discount and is in USD.

i want to know if you earn points on the $2000??  Usually you do not earn points on promo play.  I called and spoke to a club royale representative and was told that you do earn points on the $2000 but he could not give me this in writing.  The terms and conditions are not clear and I would like clarification.

Thank you,

[Drunken Crab]

Hello all!!

 

Going on the Harmony in January and saw this thread. Here’s my take..

 

You buy in for $2,000 in real money and get $2,200 in play money. For slots, say you’re playing $2/pull. Each pull you make takes $2 off the play money pile. If you win, the winnings go to a real money pile.

 

If it’s the same as land casinos, you put in your pin and choose an amount you want to download to the slot. Say $100. The first 50 pulls eat up the $100 and at the end of the 50 pulls you can ticket out for cash. Not sure if you only pull 25 times and cash out if $50 of the remaining $100 play money goes back into the play money pile. At a Hard Rock in Tampa once playing the play money and cashing out before playing through the full amount, it only spit out my cash winnings and I lost my remaining play money I downloaded from my card. I now count 50 spins so I know I used my $100 play money before I cash out.  That was probably a HR thing, but you never know.  Hopefully when you actually are paying for the play money they return the portion you don’t use when downloaded to the machine. 

 

I may may get the $2,000 knowing I’m going to “cash in” at least that amount on my cruise. 

 

I think on the table play. You get $2,200 in play chips. If you play black jack if you bet $100 in free and you win, you get a real black chip and your play bet remains on the spot to replay or pull back until you lose it. Or, are you paid 2 black chips and the free play chip is pulled on wins, too.  I guess the same could be asked on slots- does an $8 win on a $2 spin go all to the cash pile or does $2 get put back into the play money pile?  

 

So the math is- are you going to “cash in” the amount you are buying. I think I will spin a $2 slot at least 1,100 over a seven night cruise, so I’m good. Unless, on a slot win the initial play money goes back to the play money pot. 

 

As far as point collecting goes, the casino would somehow have to separate the bonus from the other play money. Seems like it would be easy to do on a slot, table game maybe not so much.

 

Hoped I helped!

[FireEMT978]

So, do you think that I am correct?  If i'm assuming that the "First" $200.00 in credits played, will be the ONLY ones that won't earn "Tier points"? Every spin after that should accrue points.

[clean1owner]

10 hours ago, Racer26 said:

In the slots, they give you 1 point per $5 wagered.

 

On my last voyage, I had apx 2400 slot points.  That means I wagered over $10k on the slots.  Including my table play as well (which earns points slower), I had an additional 2500 points or so.  Over the course of the 9nt voyage, I lost $2200 net.  I made well over $20,000 in wagers.  I admit I'm a higher level player, but basically any "prime" tier player will play enough to churn the chips.

 

If you're a player that is consistently coming home with free cruise vouchers, I can all but guarantee you that you have enough churn in your wagering to convert the chips, while giving up less than the 10% bonus.

 

Most games have a house edge of under 3%.  Playing the promo chips only until you lose them, over enough trials, you should only lose around 3%, but they gave you 10% extra, so you should on average end up with around 107% of the $2k - about $2140. If you played 440 hands of $5 blackjack for your $2200 in wagers, 95% of the time, you would be within $120 of that average.

 

 

Your first error is assuming a one week trip will work out to average.  House edge is determined over the course of 1 Million cycles, which is completely unattainable in a 1 week stretch. If you played Blackjack at a rate of 100 hands per hour, 1 Million hands will take 10,000 hours. 

 

Your next error is assuming that every wager will be the exact same amount, which is horrible money management.

 

Next:  Average, just like house edge, doesn't usually happen over a short stretch. Take flipping a coin, for example. We all know that there is a 50/50 chance when flipping a coin, or even money in gambling terms. However, it doesn't go heads, tails, heads, tails................... There are streaks of one or the other Just like Player/Banker in Baccarat. Once again, this is where money management comes in to play.

 

But let's just assume that things go exactly according to average on a one week trip, and let's play Craps, where the house edge is .86 of 1%, or 86 cents per $100 bet, and I will bet the exact same amount every cycle. $5 on the Pass Line and $10 odds, for a total of $15 per cycle. For me to cycle through all of my $2200 in promotional chips, losing an average of 86 cents per $100 bet, I would have to go through approximately 2,558 Pass / Don't Pass cycles. Can't happen.

 

Finally, the most glaring error is PLANNING TO LOSE. This is what the house calls the "Psychological Edge". Get people willing to walk in the door expecting to lose their money, and all of a sudden the house edge goes from your stated 3% to almost 30%. Now this number varies greatly according to which casino boss you talk to, but it is the greatest winning factor the house has. Even more so than having a player betting on 25 every spin of the Roulette wheel.

Another part of the Psychological Edge is getting people to think that when they are ahead, they are playing with "House Money" Nothing could be further from the truth. The second the chips from a winning bet get pushed into the betting circle, it's YOUR money. You are a fool to give it all back.

 

Many moons ago, when I first started gambling, my mentor / instructor had 1 hard and fast rule, always walk away ahead, even if it's only $5, walk away ahead. It puts the Psychological Edge into your favor, instead of the houses. Now we all know that you won't win every session you play, but it is certainly possible to win more than you lose. And with proper money management, this will turn into a net profit.

 

Sorry for the long drawn out diatribe, but having you believe that your $2000 investment will result in a net gain or very limited loss because that's what the average numbers say will happen is exactly what the house wants. As I posted earlier in this thread, the #1 purpose of the on board casino is to separate you from your money, any way possible.