Wow. Let me preface this post with the idea that it’s all about two things:
A) I dig the podshow-thing called The Strip. Miles and Steve do an awesome job, I love every minute of it. Steve even mentioned me on his blog once. I’ve thought about doing a podshow, but decided it would be lame and I have enough trouble dealing with a blog in the first place. Recording is just outta my league.
B) Steve, Steve, Steve… You invalidated a $50 freeplay coupon for Wynn? Aaargh! I’ve gotta definition for ya:
Free Slot Play (n): See: Free Money
So there I was, cruising home after work and listening to the latest installment of their podcast. Good stuff, another interview with Steve Wynn. Then they get to the ‘Top Secret Tourist Tip of the Week’ bit. And Steve mentions having gotten a $50 freeplay coupon from a kiosk at the mall (Wynn play). Sweet. So far, so good. Then he mentions that he invalidated it. On purpose. Because he doesn’t play. GAK! STEVE! That’s wasn’t seventeen spins on a dollar slot you invalidated, it was $48 in cold, hard cash, straight outta one of those ticket-taking thingys in the Wynn.
Don’t get me wrong… I’m not trying to criticize, just point out what could have been. I’m a self-reported two-bit wanna-be advantage player, so this kind of thing is right up my alley, and I feel compelled to say something. I’m sure he could edit the holy living heck outta one of my posts, being a successful journalist and all. However, since his actions touch on my area of expertise a bit, I’ve just gotta say… Steve, Steve, Steve… What were you thinking?
Free play is the rough equivilant of free cash. Beats the heck out of matchplays (which aren’t half bad, but not half good either… in fact a matchplay is generally worth almost exactly half its face value). More to the point ‘Free Slot Play’ is in general worth 95%-98% of the face value, risk free. No gambling invloved if you don’t want to. With ‘Free Slot Play’ in hand, some of those machines are as risk-free as an ATM. And similarly priced, you’ll pay it a buck or two to get your money out.
So here’s what you do. Don’t feed it to a slot, that’s what they want you to do with it. They want you to feed it to a dollar slot ($50 is way short to play dollars with), get a halfway decent hit or two, run it down to nothing, and start feeding in Benjamins of your own to wash it down. That’s the casino theory behind ‘Free Slot Play’, and it obviously works reasonably well or they wouldn’t keep doing it.
So how can one turn this to one’s advantage? Easy. You’ve gotta outsmart ’em. Not outsmart the casino (that’s actually kinda hard to do), but outsmart the average “Free Slot Play” playin’ Joe. Not so hard to do.
So here’s the thing. Take said “Free Slot Play” and get it loaded onto your card. If you don’t have a card, get one (before you flash your coupon) and see if you get even more “Free Slot Play” for signing up. Then give ’em the coupon to load. You’ll have even more “Free Slot Play”. So far, so good.
Find one o’ them video roulette machines. Not Rapid Roulette with the live dealers, but one of the sideways-wide-screen Bally units (V32 chassis, check it out) and toss in your player’s card. Punch in the PIN (they’ll give you an instruction card on how to do this if you’re unfamiliar with the process) and download your “Free Slot Play” to it. Say you’ve got that $50. Feed a coupla your own bucks in. Now the machine is good to go for $52. Perfect. You’re about to walk away with $48 of their cash. Bet $25 on red. Bet $25 on black. Toss two bucks on the zero in case it hits. Spin that puppy. No matter what it hits, you’ve run your “Free Slot Play” through the machine, so it’s elgible for cashing-out. If it happens to hit the zero, you’ll get even more. 36 out of 37 times, however, you’ll lose your $2, lose one of your $25 bets, and win the other one. Whammo, $48 of credit on the machine. Hit ‘Cash Out’ and go hunting for the nearest ticket-changing machine. Feed it in and now, no less than 5 minutes later, you’re holding $48 in cash. Plenty for a free lunch (even at Wynn), a tank of gas, two cases of Bud, a night at the Cal, whatever. It’s as golden as a check for $48 signed my Mr. Wynn himself.
If you like a little gamble with your “Free Slot Play”, play it $1 at a time on a Game King running Video Blackjack. Play 50 hands, and cash out with whatever you get off of that. Almost certainly this will be between $25 and $75 when you cash out, risk free. There’s nothing quite like playing with house money.
Oh yeah, one other thing… If you play a machine at Wynn, tell someone that you’re having trouble using the touch-screen keypad on the slot club display. They’ll give you a kick-ass stylus-pen-thing with the Wynn logo on it. Works great on PDAs (and on their touch-screen things, too).
Now I’m gonna head off to the mall to see if I can score one of those for myself…
-Downtown Bob
P.S. A bit of reading on Steve’s blog seems to refute my impression that he invalidated the ‘Free Slot Play’ coupon he recieved, though the audio from the podcast seemed to indicate that he did… Say it isn’t so…