Coin In/Coin Out Statement

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Lucky Larry
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Coin In/Coin Out Statement

Post by Lucky Larry »

One of the annual reports I request is a Coin In/Coin Out (CI/CO) report from the casino. This annual report of our play is more important than Win/Loss for determining our annual level of play. Win?Loss is just that - did you have more wins than loss?

Win/Loss    $100 Win - $120 Loss = -$20 Loss

CI/CO tells us a more clear story: $345,025 CI - $345,045 CO = -$20. Since we try to maintain a certain level of annual play this report (CI/CO) is more useful. Additionally, an IRS agent has told us this data could be important if we are ever audited because it shows a level of play.

Getting this report however, often ends up being an exercise in contortion. The most frequent response is "NO, its proprietary information". "NO...its against corporate policy..." etc. Right, thats why the casino has given me the report every years for the past five years. Being hard-headed and of German descent helps....

I will prepare you, if you get your report don't pass out when you see your numbers.   The first time I told Sweet C she had played $500K coin in over a year's play I thought she would pass out. Not bad for a .25¢/ 5¢ VP player. All those hours of W/L add up.

DaBurglar
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Post by DaBurglar »



good job LL in getting that info, it is NOT proprietary because it is not something exclusive to that casino, or any other....it is exclusive to YOU the player, it is your "identity" so to speak and totally contingent on what YOU do or do not do as far as playing. But I myself simply calculate my own coin in/coin out based on what I know to be the casino's requirement for its point/rating system.   an example is Caesars where I too ony play 25 cent denom.......until last month, all their video poker in AC generated 1 tier point for every 10 bucks coin in......for 2013, even though I had curtailed my playing drastically compared to past years and had given up even wanting to be diamond level anymore at CET (instead I went for higher levels at Trump, Resorts and Golden Nuget), I still ended 2013 with over 12,200 tier points at Caesars, which means a coin in of $122,000!  (my coin out was about $114,000 based on my records which are pretty detailed, so I lost about 8 grand all of 2013 at caesars properties, for a return percentage of 93%, which is typical of what I have been saying about ALL of AC for the last two years.....and the sick thing is, almost 80% of my total play at Caesars was on the 9/6 JOB machines in Showboat and Caesars and Harrahs, plus the 8/5 bonus and 9/7/5 DB machines at Showboat, all of which are 99% in theory.......yessir, VP in AC is simply SLOTS by a different name, and whats worse, you do not earn the same comps as slots! of course, now they have slashed even further the 99% games to require a ridiculous 50 bucks coin in for a single tier point or reward credit.  Adios Caesars, for good!

Lucky Larry
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Post by Lucky Larry »

It is harder for me to figure CI/CO based on sessions since Sweet C and I both play and often use each other's cards to increase Average Daily Play. I also like the fact the report gives us the number of hours of play on each card. I wish we could also have the number of trips per year so we could average our hours per play.

2013
Combined Hours = (1,268 hours play)
Combined Coin In = ($2+ million)
Average Hourly = $1,600 - which equals about $2/hand x 800 hands/hour

JIMDUECE`SWILD
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Post by JIMDUECE`SWILD »



  I have received a win/loss statement " per trip report " from the Borgata. I went to casino credit dept. and they put me in contact with the compliance dept who handles that. That way I have additional documentation in case I am audit.

onemoretry
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Post by onemoretry »


for 2013, even though I had curtailed my playing drastically compared to past years and had given up even wanting to be diamond level anymore at CET (instead I went for higher levels at Trump, Resorts and Golden Nuget), I still ended 2013 with over 12,200 tier points at Caesars, which means a coin in of $122,000!  (my coin out was about $114,000 based on my records which are pretty detailed, so I lost about 8 grand all of 2013 at caesars properties, for a return percentage of 93%, ]

A return of 93% does represent a pretty poor year at Caesars. But, it's no where close to that 72% three year average you previously mentioned.

How could the average be that low when you have $122000 coin in with 93% return?

DaBurglar
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Post by DaBurglar »








[QUOTE=DaBurglar]
for 2013, even though I had curtailed my playing drastically compared to past years and had given up even wanting to be diamond level anymore at CET (instead I went for higher levels at Trump, Resorts and Golden Nuget), I still ended 2013 with over 12,200 tier points at Caesars, which means a coin in of $122,000!  (my coin out was about $114,000 based on my records which are pretty detailed, so I lost about 8 grand all of 2013 at caesars properties, for a return percentage of 93%, ]

A return of 93% does represent a pretty poor year at Caesars. But, it's no where close to that 72% three year average you previously mentioned.

How could the average be that low when you have $122000 coin in with 93% return?[/QUOTE]
   if you bother to notice I said that last year's results represented a "curtailed" number.....DRASTICALLY.    In fact, when I shared my abysmal 3-PLUS year totals a few months back, I was sharing results that spanned from February 2009 up to the end of 2012......GET IT????     unbelievable  Dude  if you are so desperate to believe that VP is fair and on the up and up everywhere, then just go ahead and BELIEVE that.....knock yourself out.   I dont give three turds and a gumball if you do or not......it doesnt change what I have seen, experienced and (now) know to be the truth, which simply is this:   where ONCE UPON A TIME, VP players felt they could squeeze out a positive return playing video poker, and thus essentially BEAT the casinos.....that is no longer the case, for a variety of reasons still being defined and determined, but it is clear it is no longer possible to even break even UNLESS you are lucky enough to hit a bunch of royals and premium hands OR are lucky enough to find the very few positive return machines in existence and have them NOT be screwed with by the casino.  edited to add this:   If anyone thinks my 2013 Caesars numbers are "a lot", keep in mind that those numbers are spread out over an entire year, within which I made a total of 19 trips to AC each with an average stay of 4 to 5 days. so even playing casually and with reduced time and money over at LEAST 76 days it is still possible to rack up considerable play at 25 cent denom (which is all that I play.)     Plus, my reduction in play happened over the course of 2013, so that by the end of the year I was playing A LOT less than I was at the beginning of 2103........and my 2014 numbers will be far below 2013's, at least at Caesars properties!






Tedlark
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Post by Tedlark »

  DaBurglar if you lost so much at CET properties in 2013 why would you continue to play there? Also why do you slam a poster when they have a differing opinion about whether or not video poker is fair?

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