$500 new member payback at Rivers Casino

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davidearl
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Joined: Thu Mar 18, 2010 2:38 pm

$500 new member payback at Rivers Casino

Post by davidearl »



   I posted this elswhere, but I'll post it here too.     If you lose up to $500 on your first day at Rivers Casino, you will receive a mailer in 4 to 6 weeks with the freeplay. New members only. Must use a players card. Promo lasts through the month of September.

brmcc74
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Joined: Wed Dec 30, 2009 7:19 pm

Post by brmcc74 »

I wonder how they constitute a "LOSS".  For example, in vp you can run a $100 bill through the machine and get say  8 full houses. Technically you won 8x45= $360. Then you exhausted your $360 till u were broke. Do they consider these type of paybacks on their promotion. My guess is that they have to . Not sure if you get what Im saying.

BillyJoe
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Joined: Sat Aug 23, 2008 2:00 pm

Post by BillyJoe »

Most Players Card systems track Win/Loss when they are used. I suspect the casino can look at the card's activity over the given time frame, and determine the results of your gaming.


 
In your example, BR, you lost $100 if you played until your original stake was exhausted. You don't get a 'loss' credit for losing back your winnings.

JIMDUECE`SWILD
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Joined: Sun Feb 18, 2007 1:26 pm

Post by JIMDUECE`SWILD »

The casino computer system keeps track of your play. That includes amount of time you played . The amount of coins-thru. Your win-loss, and your average bet. Occassionally,  I 'll go to the host desk and get those figures from them. I had one host  ask me why I wanted that info. I told her that I keep a log of my play for tax purpose in case of an audit against my gambling wins.
That's the Rivers Casino in Illinios not the one in Pittsburgh.

brmcc74
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Joined: Wed Dec 30, 2009 7:19 pm

Post by brmcc74 »

Im well aware of how the players card/clubs work. Im thinking that they may say, "You earned $360 , you were ahead. You then decided to exhaust money into oblivion until you were broke". I dont know. Maybe it is legit with no strings attached. I just know how some casinos use win/loss information. If they will reimburst all monies regardless of how much of a payback you received over the course of your initial first visit, then I would be suprised. Alot of people dont really understand the numbers, systems, and figures required to realize an exact payback in vp. Its not as simple as spending x amount of $ and losing it. It changes every single hand. This sounds complicated but its just the way it is.

davidearl
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Posts: 319
Joined: Thu Mar 18, 2010 2:38 pm

Post by davidearl »



   br, in your example, you would have a net loss of 0. If you lost the $100 in addition to the $360 that you won and the lost, your net loss is $100.    I called and asked all the questions before I signed up shortly after midnight. As long as your card is in and working, they will send you freeplay for losses incurred on your first calender day. That's why I waited until after midnight to sign up.    I'll post here when I get my freeplay.  

brmcc74
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Joined: Wed Dec 30, 2009 7:19 pm

Post by brmcc74 »

ok sounds good

davidearl
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Joined: Thu Mar 18, 2010 2:38 pm

Post by davidearl »



   Got my payback/free slot play in the mail today (Oct. 3rd). I lost $400.75 and the free slot play is for $405. Valid any day, 10-1-12 thru 10-30-12. free slot play offers are valid 9am-6am. I'll let you know how I do, when I get there, to play.

davidearl
Senior Member
Posts: 319
Joined: Thu Mar 18, 2010 2:38 pm

Post by davidearl »



   Went to the Rivers last night (Oct 6th). I turned $405. in freeplay into $530.

BillyJoe
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Posts: 3198
Joined: Sat Aug 23, 2008 2:00 pm

Post by BillyJoe »

   Went to the Rivers last night (Oct 6th). I turned $405. in freeplay into $530.
Nice job, David.  I love it when I can cash out winnings with FreePlay.

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