@BarefootBliss wrote:
I belong to a rewards club for a casino and I find the earnings and redemptions to be a little vague...so I am trying to nail those down....
Might be getting OT a bit, but my whole input to this thread is saying NOT to shop the cruises, so here's my take on 'free' cruising:
"Coin in" refers to amounts bet, but it's more easily measured with slots. Truth-be-told, the casino doesn't make as much on the tables, and the slots can be adjusted for lower payout tables, so they would much prefer you play the slots, and will give you a better rating/point structure for dong so.
The dealers will take your card when you 'buy in' at a table, and you will get a certain amount of point credits for the bet size x the time you were at the table, but that credit is nebulous. It's not going to be something you can count on, and it will generally be low. I spent 45 minutes at a craps table with a $55 average bet and got about 250 points. You could easily lose thousands with that bet size in that time period, so it's more measured to just stick with slots and reach your goal.
I mainly do that with poker machines. Even with a poor payout, it's probably around a 92% return, so $100 gambled will easily get you $400-500 of coin in on a bad day. That's a specific 100 points you can track as you play, and free cruises start around 1,200 points, so I would guess $1,200 is the most you have to lose to get started, and the value of the comp will be about that much. My first free cruise was a $1,265 value, but it only cost me $100 in 'coin-in' because my wife was having a good day at the slots.
It snowballs from there, however. I get weekly offers for free cruises now, and have booked a number of them. Another forum member, whom most of you can probably guess, went down this rabbit hole with me and found out you can send those offers to other cruise companies, and they will match them! You make the cruise companies fight for your business and then you can pretty much live on a ship if you want.
My current comps value for free cruises in a 12 month period is $22,508 and I am averaging one cruise per month. I was averaging a little over $50k in mystery shop comps last year, and have now split that with cruises, so this year will probably be $20-25k in mystery shops. I haven't don't that math on final totals yet since I have been busy with other projects.