For 7x comp credits what games are +EV?

[21forme]

In the mail, I received a postcard from Showboat AC for 7x rewards credits (not tier points) for a couple of weekend days in Feb.

At that level of comp credits, is it +EV to play slots? Any suggestions on how to use this, besides BJ, if at all?

 

[Sonny]

How much is a comp credit worth in dollars?

-Sonny-

 

[21forme]

This is Total Rewards, so 1 credit = 1 cent.

 

[KenSmith]

Harrah's properties often have designated days where you can trade Reward Credits for Cash at half face value. So, at a minimum, 1 comp dollar is worth $0.50 cash.

Normal Harrah's earning rate at video poker is 1 Reward Credit ($0.01 in comps) per $10 coin-in. Earning 7X gets you 7 cents per $10, which is 0.7 %. Half that is 0.35%.

The vpFree page about Showboat AC shows they have 9/6 Jacks in many
denominations.

(Dead link: http://members.cox.net/vp_free/E_SHOW.htm)

With 7X RCs valued at half-price, that's a slight loser:
99.54 + 0.35 = 99.89% return.

I bet that heavy play on this game would generate coupon offers worth much more than the 0.11% expected theoretical loss.

In addition, there might be 9/6 games there that award Bonus RCs in addition to Base RCs, which would trim the edge some more.

 

[21forme]

Thanks Ken. I'm not a poker player. Can you recommend one of the myriad of online sites that discusses strategy?

 

[KenSmith]

http://wizardofodds.com/jacksorbetter

 

[21forme]

Thanks again. Looks pretty straight forward.

 

[EasyRhino]

As you can see, it's still pretty far from being +EV to play slots, considering you should usually guesstimate at least a 5% house advantage on them.

 

[Mr. T]

Just thought I chip in with my 2 cents worth here.
Are we not talking about peanuts here. 7X peanuts is still peanuts.

 

[Kasi]

Just thought I chip in with my 2 cents worth here.

Looks like your advice is worth 4 peanuts to you lol.

Not sure that some here would even pay 1 peanut for it.