Is there an online VP calculator for comps?

[Jojo2018]

Looking for an online VP calculator that allows you to enter the value of comps. This would be to get to 100% return (with perfect strategy). Is there such a thing?

My casino has 98.45% JOB.

Gamble $35 to get 1 slot point.

I'm trying to figure out if I get some kind of offer, I can obtain 100% + return.

Lets say, get 25 slot points get a free $25 gas card. Or maybe a free night at their hotel.

Thanks in advance.

[BobDancer]

What you are asking for doesn't exist because the value of comps is so ill-defined.The gas card example you gave has a cash equivalent. Fairly simple algebra will yield a return on that card of 2.8%. I suspect the numbers you came up with were hypothetical and not something offered at a real casino. Or if a casino did offer that promotion, it would be "one per person." A 2.8% promotion limited to one $25 gas card is not the same as a 2.8% unlimited promotion.Being comfortable with simple algebra is largely a requirement for success at gambling. There are a lot of times it's useful.But a hotel room? Do you value that at $0, $50, $200, or what? You need to make that determination. And even if you valued it at $200, it's not the same as $200 in cash. To be the same as $200in cash, you'd need to be willing to voluntarily pay that price. If the only reason you'd take this trip is if the casino gave you the free room, the room is a requirement, but not one that has value in terms of exceeding 100% in equity.Same with meals, show tickets, cruises, and other stuff.How much is it worth to you?For players seeking a return in excess of 100%, we usually limit the discussion to "cash equivalent." We would count the gas card, cash-or-free play slot club and mailers, and the expected value of drawings, but usually not rooms, meals, free cruises, etc. Those are hardly worth the same as cash.

[Jojo2018]

Thanks, Bob. Yes, that is a hypothetical, but I think I remember it from a while back.

I do not have a math/algebra background so I'm curious how you came up with the 2.8%.

[Vman96]

Thanks, Bob. Yes, that is a hypothetical, but I think I remember it from a while back.

I do not have a math/algebra background so I'm curious how you came up with the 2.8%.

Since you'll fully use a $25 gas card generally (unless you don't have a car), it's worth $25 / 25 points / $35 per point = 2.857%

But if you just play 25 points, your future offers may also be adversely affected.

[Jojo2018]

So it's Value of Comp/Points required to get it/Coin-in to get 1 point?