Revel $100,000 loss rebate

[BobDancer]

The Revel in AC is rebating all slot, video poker, and electronic machine game losses in July --- up to $100,000 only --- in weekly free play beginning in August. If you live anywhere near there, this is HUGE.We'll be talking about this promotion at length in this week's Gambling with an Edge which will air Thursday night and the podcast will be posted Friday on bobdancer.com, among other places.Bob

[jetermacaw]

"If The Revel is actually returning losses over 20 weeks (5%per) in cash
then they will surely go out of business. Professional gamblers with
unlimited bankrolls will destroy them. Talking about the cost of parking
and other stuff like that is simply retarded, you are not fully
understanding the power and potential of this offer. If the max payback
is really 100K they will lose 40-50K per (didn't do the math because it
really doesn't matter!) There will be the people who are to lazy/dumb to
return and get their free money, but it will not offset the
professionals. If they are returning the losses with comp $ this offer
is still amazing, but now the arbitrage is more complicated and time
consuming. You must understand that professionals will invest millions
with a perceived .5% edge, this edge is mind blowing. God bless them if
this is real, but it will be the beginning of the end for them

[Deloradeuces18]

Gambling with no chance of losing?

The fine print on this one should be interesting.

[BOOPSAHOY]

Bob how did you understand the match bonus dollars promo? The way I read it you can do it every day in July as long as the daily amount is not more than $500. Ill be in AC for 4 days and I would love to do it all 4 days as I have approx 200 bonus dollars each day from Taj that I would love for them to match.

[hijack]

I got this offer in the mail yesterday.   They do have a few 1 & 5 dollar 9-6 jacks or better machines. But if all the professional gamblers  go to AC in July I guess I will not have much of a chance of getting on one of these machines.

[BillyJoe]

I got this offer in the mail yesterday.   They do have a few 1 & 5 dollar 9-6 jacks or better machines. But if all the professional gamblers  go to AC in July I guess I will not have much of a chance of getting on one of these machines.
Play worse pay table machines, but don't lose more than $100k. What's the difference?
I would think that you would want the good paytables when you return in August to collect.

[BobDancer]

Bob how did you understand the match bonus dollars promo? The way I read it you can do it every day in July as long as the daily amount is not more than $500. Ill be in AC for 4 days and I would love to do it all 4 days as I have approx 200 bonus dollars each day from Taj that I would love for them to match.I didn't pay much attention to the match bonus dollars part of it because it didn't apply to me. The way it appears to work is it only applies to AC offers and I have none of those. Plus they confiscate the coupon. So if your offer was for $200 at the Taj, it would now become $200 at the Revel. You could try to talk the Taj into replacing your "lost" coupon. Good luck on that. You're going to need it. Whatever there tendency on doing that normally is will likely be reduced to zero during July. The Taj will be well aware of the Revel's promotion.If you were actively planning on playing enough so that you would win $150K or lose $100K (the intelligent way to play it if you have sufficient bankroll and getting back there is no problem), then the match play coupons offer would be useful because you wouldn't have to run all over town to cash them.If you are looking to "double your match play offers," it doesn't work that way. Plus, as bad as the pay schedules are at the Taj, the Revel pay schedules will likely be worse during this promotion. Therefore, this part of the promotion isn't particularly valuable ---- unless you were planning on hitting the rest of the promotion hard as well.Bob

[BowlRx]

The only casinos in AC that send out coupon offers (i.e. must have the coupon to redeem) are some Caesars casinos.  Even now, many of their offers have a code on them that can be entered at the slot machine to download the offer.  For other casinos, either the offers are pre-loaded on your card or you have to swipe your players card at a kiosk to activate.  So for regular AC players, the match can be rather valuable and will allow you to "double up" your offers.John

[gregorio]

The Revel in AC is rebating all slot, video poker, and electronic machine game losses in July --- up to $100,000 only --- in weekly free play beginning in August. If you live anywhere near there, this is HUGE.We'll be talking about this promotion at length in this week's Gambling with an Edge which will air Thursday night and the podcast will be posted Friday on bobdancer.com, among other places.Bob

[gregorio]

Huge? I don't think so. Whatever you lost in July will  be deposited in your Revel players card in a weekly 5% of your total loss starting Aug 5th for the next 20 weeks until middle of December. You have to play it through to get any real money back and if you miss a week, your refund is forfeited.So let's say you lost 10000 in July, you'll get $500 the week of  August 5th. By the time you'll get any real money back playing it through the machine, it will be $200,if you are lucky! And how many of us stop as soon as the play money is gone?????? And you have to repeat this exercise in futility 20 more consecutive weeks!!!!!  U might as well just move to Atlantic City for 5 months!!!!! Are they kidding me????  That's the greatest offer in Atlantic City's history????  They can have it. Not for me. I'd rather go to LV 3 times a year and feel as if I am not completely taken for a fool. Good luck to anyone foolish enough to DO AC!