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Some books describe Spade Casino, a variant in which instead of counting a point for most spades, each spade counts 1 point and the jack of spades counts an extra point. The ace and two of spades still count an extra point as well, so that the total points available (excluding sweeps) are 24: cards (3) + ten of diamonds (2) + the four aces. Play the #1 Blackjack 21 game on Google Play for free! It’s the ONLY LAS VEGAS CASINO – style free black jack 21 app where players can enjoy Las Vegas experiences. TONS OF DIFFERENT WAYS TO HIT THAT 21!. FREE CHIPS – Collect free chips multiple times per day!. Free Bonuses - Join the thousands who enjoy free bonuses just by playing!. Unique bonus games – Double or Nothing!
Tier points are concrete, it is 1 point for every $10 in VP and 1 point for every $5 in slots. The only thing that will generate quicker is your bonus points and that is a mysterious formula that Caesars casinos develop. However your bonus points are completely different from your tier score. Jack Entertainment LLC (stylized JACK Entertainment; formerly Rock Gaming LLC from 2009 to 2016) is a gaming, hospitality, and entertainment corporation based in Cleveland, Ohio.The company operates two casinos in Ohio. The company was founded in 2009 by Dan Gilbert as a subsidiary of his Rock Ventures LLC. In 2020, it was sold in a management buyout.
ClubJACK™ OFFICIAL RULES
Effective Date: March 13, 2020
These ClubJACK™ Official Rules (“Official Rules”) apply to the enrollment and participation in ClubJACK™. As a ClubJACK™ member, you may have the opportunity to participate in and earn, as applicable, promotions, options, programs, benefits, rewards, JACK POINTSTM, comps, offers, and privileges offered from time to time to ClubJACK™ members (the “Club Benefits”). Other rules, terms, restrictions, conditions, and disclosures may apply to the Club Benefits (including without limitation any obligation that you sign certain acknowledgements, waivers, and/or releases in order to accept, use or benefit from certain Club Benefits) (the “Other Rules”), with such Other Rules subject to any applicable regulatory approval. The Official Rules and Other Rules, as changed from time to time, are sometimes collectively referred to as the “Rules.” References in these Official Rules to “JACK,” “JACK Entertainment,” “we,” “us,” or “our” refer to JACK Entertainment LLC and its affiliates and references in these Official Rules to “you” or “your” refer to the applicable individual who reads or receives a copy of these Official Rules and/or enrolls in ClubJACK™.
It is your responsibility to read these Official Rules so that you understand ClubJACK™’s rules and benefits as well as understand your responsibilities under ClubJACK™. Please visit a ClubJACK™ desk or our website at www.jackentertainment.com to obtain a copy of the Rules.
By enrolling in ClubJACK™ and receiving a ClubJACK™ card, you are agreeing to become a member of ClubJACK™ and agreeing to the Rules set forth above and as follows:
- Applicable law prohibits anyone under the age of twenty-one (21) from gambling, and you must be twenty-one (21) or older to participate in ClubJACK™ and to be a ClubJACK™ member. From time to time, as a ClubJACK™ member, you may have the opportunity to participate in promotions that will be open only to ClubJACK™ members. As applicable, you may also be able to earn JACK POINTSTM and/or comps based on your VLT, slot, table and video poker play and able to receive other benefits and rewards, which will be tracked in your personal ClubJACK™ account. ClubJACK™ accounts are member-specific and only one member is permitted per account/card. Members are not permitted to enroll in ClubJACK™ for anyone else or under anyone else’s account nor are corporations or other entities permitted to become ClubJACK™ members. When enrolling for membership in ClubJACK™, we may require a current, valid driver’s license (or other government-issued ID) that displays your name, photo, and other personal information.
- By enrolling in ClubJACK™ AND RECEIVING A CLUBJACK™ CARD, YOU ACKNOWLEDGE AND AGREE that we may at any time, FOR ANY REason OR NO REASON, and without prior notice to you: (A) eliminate or change ClubJACK™ AND/OR ANY of the Club benefits, AND/or (B) cancel or change these OFFICIAL rules AND THE OTHER RULES (but with respect to the Other Rules only, subject to any applicable regulatory approval).
- When you enroll in ClubJACK™, you will receive a ClubJACK™ card. If you wish to play more than one VLT, slot, or video poker machine at a time, you may receive an additional ClubJACK™ card; however, you may not have more than two active ClubJACK™ cards at any given time. Upon issuance of a third ClubJACK™ card, one of the two active cards may be deactivated. You may not let anyone else use your ClubJACK™ card(s). We may close your ClubJACK™ account if someone else uses or tries to use your ClubJACK™ card. The ClubJACK™ card(s) you receive are our property, as are all of the unredeemed Club Benefits in or associated with your ClubJACK™ account. We may, at any time, for any reason or no reason, and without prior notice to you, cancel any or all of your ClubJACK™ cards and require you to promptly return any or all of them to us and in each such case we may deem any or all of your unredeemed JACK POINTSTM and/or other Club Benefits to be forfeited and surrendered to us. Because we issue Club Benefits in our sole discretion, we may, at any time, for any reason or no reason, and without prior notice to you, cause to be deemed forfeited and surrendered to us any or all unredeemed Club Benefits, including without limitation the balances in your ClubJACK™ account.
- Where applicable, if you play our table games, you are responsible for presenting your ClubJACK™ card to the dealer or game supervisor at a table game before you begin to play so that your play can be tracked. Where applicable, if you play our VLT, slot, or video poker machines, you must make sure that your ClubJACK™ card is properly inserted in the card reader the whole time you play so that we can properly track your play. You are responsible for making sure that the card is properly and continuously inserted into the machine for the duration of play and that the card reader reads “ACCEPTED.” We will award: (a) JACK POINTSTM and/or comps on the basis of your tracked applicable VLT, slot, table and video poker machine play and (b) other benefits in connection with certain “cash purchases” by you. The term “cash purchases” means the purchase of certain non-gaming items and services at the racino or casino (g., certain food and beverage items, retail items, and products, hotel room rentals (where applicable)) using cash (U.S. currency or such other currency as is accepted) or cash equivalents or credit cards acceptable in our sole discretion. At our sole discretion, we will also make available to you various other Club Benefits based on your play and/or other criteria established by us in our sole discretion, from time to time.
- ClubJACK™ offers five levels of membership: J, A, C, K, and Infinity. You will earn 1 tier credit for each base JACK POINTSTM earned, and the levels shall reflect: J: Entry level card; A: Requires 10,000 tier credits; C: Requires 100,000 tier credits; K: Requires 300,000 tier credits; and Infinity: Invite only. Base JACK POINTSTM will be earned in the following manner: VLT/Slot Machine: $1 coin in = 3 base JACK POINTSTM; Video Poker: $1 coin in = 1 base JACK POINTSTM; Electronic Table Games: $2 coin in = 1 base JACK POINTSTM; Table Game (excluding poker): based on average bet and amount of time played; and Poker: based on amount of time played. All tiers will be upgraded/downgraded on a six-month review cycle (January – June and July – December).
- Club Benefits may be earned by playing our play-for-fun online platform (https://play.jackentertainment.com) when you purchase additional credits. These Club Benefits will vary from time to time and will be identified at the time you purchase the additional credits.
- JACK POINTSTM and comps issued under ClubJACK™ have no cash value. Any redemption or comp vouchers are valid for twenty-four (24) hours from the date and time issued. Additionally, any earned JACK POINTSTM or comps may expire on a 6-month rolling calendar basis. We are not responsible for lost or stolen JACK POINTSTM redemption or comp vouchers. We may revoke or deny any JACK POINTSTM redemption or comp voucher at any time. We may revoke or deny any JACK POINTSTM redemption or comp voucher if it is determined that the member has not accumulated the JACK POINTSTM or comps in the manner intended by the Official Rules. Further, the comp redemption/participation of JACK and other surrounding restaurants/businesses may change without prior written notice. It is your responsibility to verify participation before patronage.
- We may adjust the balances in your ClubJACK™ account (including without limitation any balance involving JACK POINTSTM or comps) whenever we deem it necessary or appropriate due to equipment or computer malfunction, operator error, misuse and/or illegal or fraudulent activity. We may require you to sign an acknowledgement of the adjustment, but your failure to sign such document will not affect our right to make the adjustment.
- If there is no play using your ClubJACK™ card for 180 or more consecutive days, your ClubJACK™ membership may be cancelled and your account closed. In that case, any unredeemed Club Benefits that were in your account will be forfeited and surrendered to us.
- Your ClubJACK™ membership, ClubJACK™ card(s), ClubJACK™ account, and associated balances and Club Benefits cannot be transferred to anyone else except as expressly permitted by JACK (although we may deny permission for any reason or no reason in our sole discretion). In the case of any litigation arising in connection with an effort to cause or effectuate any such transfer, you (or, in the case of your death, your estate) will be obligated to pay all costs that we incur, including reasonable attorneys’ fees and court costs. Any tax liability resulting from winnings in connection with your ClubJACK™ account remains and always is your personal obligation.
- From time to time, we will disclose information to third parties about your ClubJACK™ account, your transactions relating to your ClubJACK™ membership and other information regarding your Club Benefits (i) when you give us your written permission to do so; (ii) when we deem it necessary or appropriate in connection with providing Club Benefits or complying with legal process, complying with requirements imposed by the Ohio Lottery Commission, the Ohio Casino Control Commission, the Michigan Gaming Control Board, or other government agencies; (iii) when working with our strategic partners to provide promotional and informational communications; (iv) when working with our business partners to facilitate or coordinate marketing and/or strategic business endeavors; or (v) when we otherwise deem it necessary or appropriate. We have no obligation to inform you of any such disclosure except when required by law to do so. JACK is not responsible for products or services offered by other companies that may participate in benefits, offers, or special promotions provided to members.
- If you believe your ClubJACK™ card has been lost or stolen, you believe your ClubJACK™ card has been or may be used without your permission, or you suspect an error affecting your ClubJACK™ membership/account, you must telephone us immediately at 216-297-4777 and then follow up in writing within ten (10) business days after calling us at: JACK Entertainment LLC, Attn: ClubJACK™, 100 Public Square, Cleveland, OH 44113. When you write, you must provide your full name, account number, and specific issue. We must hear from you no later than ten (10) business days after you FIRST knew or should have known of the suspected error. We will investigate and respond to you within sixty (60) days. In the event of an error affecting your ClubJACK™ membership/account and provided JACK can verify that JACK is responsible for the alleged error, JACK will promptly take corrective measures. If you do not notify us within the 10-buisness-day time period, however, we will have no obligation to investigate or correct the suspected error.
- Individuals who (i) have elected to become disassociated persons under Michigan law or are excluded by the Michigan Gaming Control Board; (ii) are excluded (voluntarily or involuntarily) by the state of Ohio, (iii) have elected to be placed on JACK’s list of self-excluded persons; or (iv) are otherwise barred from entry to any of our complexes, including any racino, casino, or hotel complex (each, an “Ineligible Individual”) are ineligible to be a ClubJACK™ member, and, thus, are ineligible for any Club Benefits. If a ClubJACK™ member becomes an Ineligible Individual, we will immediately cancel his/her membership and close his/her ClubJACK™ account. At such time, all unredeemed Club Benefits and balances will be forfeited and surrendered to us.
- Your ClubJACK™ card is not a credit card. It cannot be used anywhere other than with JACK. Your ClubJACK™ account is not a bank account. It is not insured by the Federal Deposit Insurance Corporation (FDIC) or any other agency. No interest accrues on any amounts that are in or associated with your ClubJACK™ account.
- At its sole discretion, JACK may require you, at any time, to provide your current, valid driver’s license or other government-issued identification card, which contains the member’s name, photo, and other personal information.
- By enrolling in ClubJACK™ and receiving a ClubJACK™ card, you are agreeing that JACK Entertainment LLC and its subsidiaries, affiliates, agents, and designees may use your name and/or likeness in any manner for publicity or promotional uses, without compensation (beyond the value of the redemption of vouchers awarded, if any).
- You agree that our liability to you is limited as set forth elsewhere in the Rules and that, in any event, we will have no liability to you except in the case of our gross negligence or willful misconduct or as otherwise required by law, and that any liability that we might have to you will be limited to your actual damages; you will not be entitled to consequential, special, exemplary, incidental, or any other types of damages. You further agree that any claims you may have against us will be resolved by arbitration on an individual (not a class) basis and in accordance with the rules of the American Arbitration Association and without resort to any courts or administrative agencies.
- If any provision of these Official Rules is found to be invalid or unenforceable, such invalidity or unenforceability shall not invalidate or render unenforceable the balance of these Official Rules; instead, the balance of these Official Rules shall be construed as if not containing the particular invalid or unenforceable provision, and your rights and obligations and those of JACK shall be construed and enforced accordingly. These Reward Rules shall be governed by and construed in accordance with the applicable laws of the State in which the dispute arose (i.e., the applicable casino/racino), exclusive of its choice of law provisions.
- No waiver by JACK of any provision of these Official Rules on any one occasion shall be deemed a waiver on any other occasion, nor shall the waiver of any one provision extend to any other provision.
Gambling Problem? Call 1-800-589-9966 or visit org.ohio.gov.
©2020, Jack Entertainment LLC.
Trademarks used herein are owned by Jack Entertainment LLC and its affiliated companies.
The word “comp” is short for “complimentary.” In the gambling industry, comps are free stuff you get from casinos and other gambling companies to incentivize you to gamble with them. Generally, you get more comps based on how much you’re gambling.
When discussing comps, it helps to understand the expression “action.” Being “in action” just means that you have money riding on a bet of any kind.
But “action” also refers to the amount of money you have wagered. It can refer to the amount of money you wager over a period of time, too.
For example, if you’re playing slot machines and betting $1 every time you spin the reels, you’re putting $1 into action every time you spin. If you make 600 spins per hour, then you’ve put $600/hour into action.
Based on the odds behind the game and the payout odds, casinos can estimate the long-term expected losses based on your hourly action. They can then calculate a percentage of that to return to you in the form of comps.
When you’re dealing with traditional land casinos, if you bring much action to the casino at all, you’ll be assigned a casino host. This is the person at the casino responsible for keeping you happy so that you don’t take your action elsewhere. Comps are the main tool a host uses to keep you happy.
Of course, not everyone has a host. You can also get comps almost automatically by signing up for the players’ club and inserting the card into the machines as you play. Pit bosses also have the authority to reward you with comps when you’re playing table games. In fact, the simplest and most common type of comp is the free drink. As long as you look like you’re playing a slot machine, a cocktail waitress will bring you free drinks all night. (She’ll be more attentive if you tip her well, though.)
This post explains the different kinds of gambling comps and what they mean to you as a gambler.
The Different Kinds of Comps Available
Comps are awarded in a hierarchy based on your value to the casino. The most basic comp is the free drink. Casinos have multiple motivations for gving you free drinks.
For one thing, a gambler who’s inebriated has lower inhibitions. He’s more likely to gamble more money longer. And the #1 factor affecting how much profit a casino makes from a gambler is the amount of time he spends playing.
That’s because casino games have an innate mathematical edge. This edge doesn’t have a huge effect in the short term, because in the short term, anything can happen. But the law of large numbers suggests that the more bets you make, the closer your actual results become to the theoretical results.
Here’s an example:
The mathematical expectation at blackjack is for you to lose roughly 1% of each bet you make on average over time. (This assumes you’re using basic strategy while you play.) That means the casino expects you to lose an average of $1 every time you place a $100 bet.
In the short run, that’s impossible. If you place a single bet at blackjack—which is the ultimate example of the short term—it’s impossible to lose $1 on a single $100 bet. You’ll lose $100, win $100, or win $150 most of the time. If you double down or split, you might win more–$200, $300, or even $400 wins are possible. You might also face a “push,” which is a tie. Your bet is returned, but you don’t win any money… that’s a loss or win of $0.
None of those outcomes come even close to a loss of $1.
That $1 loss is an average over time–over a huge number of bets. If you make 10,000 bets at $100 each, you’re likely to lose close to $10,000. Even with that many bets, it’s possible to deviate wildly from the mathematical expectation.
If you’re the casino, you want to get into the large number range as soon and as often as possible. This ensures your profit. The way to do this is to get players to make lots of bets for lots of money.
And providing free alcohol helps with that. In fact, it’s a small price to pay for the extra action they see.
You can expect more than just free drinks, though. Free food is a small step up from free drinks. At a casino of any respectable size, you’ll find multiple restaurants on site. The 2nd most common type of comp is free food at one of the on-site restaurants.
The free food comp is usually awarded in the form of a coupon. You might have to put more money into action than you think to be awarded free food, but it sometimes depends on the generosity of the pit boss. It can also depend on what kind of rapport you have with the casino staff.
I once got into a spirited conversation with the cardroom manager at Planet Hollywood Casino in Las Vegas. They had a hot dog joint there called Pinks—I guess it’s popular on the West Coast. Anyway, I was trying to convince the cardroom manager that he should buy everyone at the table hot dogs.
Apparently, at the limits I play, you don’t get free hot dogs.
If you qualify for free food and free drinks, you’re not far from qualifying for free lodging, too. Most casinos are also hotels, but even casinos which don’t have attached hotels will get you lodging nearby—if you’re gambling enough.
You can also get upgraded to a nicer room by virtue of the action you bring the casino. (You might also be able to get upgraded to a suite or a nicer room by tipping the desk person $20 when you check in, but that’s not really related to comps.)
In fact, these 3 comps—room, food, and beverage—are so common that they have an abbreviation for it. Bettors who qualify for all 3 are called “RFB” customers.
Notice something about all these comps, too. You’re getting comps that seem to have a certain value. A drink is probably $5 at the bar at a casino. A meal is usually $15 or $20. A room can vary wildly in price, but is often at least $50, $100, or more.
But those are the retail prices for these comps. The casino doesn’t pay $5 when they mix you a drink. Their cost for that shot of Crown on the rocks is probably closer to $1. The meal at the buffet that the public pays $15 for probably only cost the restaurant $5 to make.
And a hotel room that’s sitting empty generates no money for the casino at all, so they might as well give it away. In fact, the Winstar in Oklahoma has such low occupancy rates during the week that almost anybody can get a comped room. You don’t have to bring them much action at all, really.
Those are just the standard comps for regular down-to-earth players like you and me. High rollers, or “whales,” as the industry calls them, are eligible for all kinds of free stuff. Many of these comps are customized based on what the host knows about the gambler’s interests.
It’s not unusual for a casino to pay for airfare and transportation to and from the airport for a big player. In fact, that’s expected for any high roller.
But entertainment is another popular comp. If you like golf, shows, or sporting events, you can usually get a “free” ride from the casino to go to those outings, too.
Rebates are common, too, even if you’re not a high roller. For low rollers, rebates are often awarded in the form of coupons or free play. High rollers can receive cash or a check as part of their rebate.
The comps program is part of the casino’s marketing plan. Most casinos make heavy use of direct mail to entice gamblers to return to their casino and play. If you’re a member of the players’ club at the casino, you’ll inevitably receive standard comps in the mail.
Based on your interests and betting tendencies, you’ll also get free offers for other perks in the mail, too.
Even low rollers can get free transport to and from the casino. I see buses taking groups of gamblers to the Winstar all the time. Many of the people riding those buses pay nothing for the ride, although they lose enough money at the casino to more than make up for that cost.
But calling these comps “free” is inaccurate. You pay for these comps in the form of gambling losses, even when you’re winning.
How Gambling Companies Do the Math That Makes Their Comps Program Profitable
Other than the free drinks and occasional free coupons sent in the mail, most casinos award comps based on your actual time spent playing. They account for how many bets per hour you make and at what amount when deciding how much to award you and when.
But comps aren’t based on how much you actually lose. Instead, casinos calculate your comps based on your theoretical expected loss. This is a function of the house edge for the games you’re playing, the time you spend playing, and how many bets per hour you’re making.
Over the long run—and casinos serve thousands of customers per day—the casino has an excellent idea of how much your play is worth. If you’re on a winning streak, you still get comps based on your action. The calculations are based on your expected losses, not your actual losses.
Here’s how the casino calculates this:
You play slots exclusively, but you bet $3 per spin. You’re an average player, so you’re making 600 spins per hour. That’s $1800 per hour you’re putting into action.
If the casino knows you like the machines with a 95% payback percentage, they figure that in the long run they’re going to make 5% of your hourly action—or $90 per hour. (5% of $1800 is $90.)
If you spend an average of 4 hours a day playing slots, the casino assumes you’re going to lose $360 a day while you’re there.
They then award you comps based on a percentage of that $360 per day.
How Can You Best Take Advantage of the Casinos’ Comps Programs?
If you’ve heard of the books The Frugal Gambler by Jean Scott or Comp City by Max Rubin, you probably already know a little bit about becoming a “comp hustler” or “comp wizard.” These are players who learn to maximize the amount of comps they receive in exchange for their action.
One way to maximize the comps you get for the money you lose is to play a game with a tiny house edge. If you can play blackjack with perfect basic strategy, you can get the edge in the game down to 0.5%. The average player loses about 4% at blackjack, because the average player doesn’t know perfect basic strategy.
When the casinos calculate your expected loss at the blackjack table, they assume you’re an average player losing 3% or 4%. Since you’re only expected to lose 0.5%, you’re getting comps based on a theoretical loss that’s actually overstated by a factor of between 5 and 10.
Another way to maximize the comps you get is to bet big when you’re being rated by the dealer and the pit boss. “Rating” players is how they estimate your hourly action. Fooling the pit boss is harder than you think.
I was playing blackjack in Kansas City for between $10 and $100 per hand, depending on the count. They rated me as a $10/hand player, even though I was betting more than that on a lot of hands. I complained, but I’m sure they realized I was counting. The last thing they were going to do is rate me higher when they knew I was counting cards.
(I was also a little drunk, so I didn’t notice immediately when they started shuffling the deck after every hand. Counting cards does you no good if the dealers shuffle after every hand.)
Taking lots of breaks can result in fewer hands per hour than the casino estimates, which reduces your expected hourly loss by a lot. If you’re at a blackjack table dealing 60 hands per hour, you could realistically only play 45 hands per hour by taking frequent bathroom breaks.
What effect does that have on your expected hourly loss?
It reduces it by another 25% or so. Instead of losing $10/hour, you might only be losing $7.50/hour. The casino might be estimating that you’ll be losing an average of $40/hour and base your comps on that.
Expert video poker play can also result in smaller expected losses per hour. In fact, with certain video poker games, the combinations of comps with the tiny house edge can result in an overall positive expected value for the player. That’s an advantage gambling technique, but it’s not one you can realistically make a living at. The edge is too small, and games with those pay tables are usually only available for small stakes. You’d be lucky to make minimum wage playing video poker for comps.
How much of your expected losses can you expect back in comps?
Jack Casino Points Casino
Jack Casino Points One
It varies, but the casino calculates that they can afford to give you back 40% of your expected loss in the form of comps. You’ll more often see 20% through the players’ program if you’re a low roller, but you can even increase that amount by taking advantage of coupons and “happy hour” type promotions where you get 2X or 3X your standard comp rate.
How Do Online Casino Bonuses Work? Isn’t That Another Form of Comp?
Online casinos can’t serve you drinks or free food. They can’t really provide you with a free room for the night, either. And since you’re playing from home, they’re unlikely to offer you free show tickets, either.
Instead, online casinos offer you sign up bonuses and ongoing deposit bonuses. These amount to free amounts of money awarded to your account just for making a deposit—either as a new player or as an existing player.
Bonus hustlers used to take advantage of these offers to generate almost guaranteed profits. A friend of mine once bought a jukebox by taking advantage of casino bonuses at a dozen different casinos and cashing out his winnings.
Online casinos have responded to this by instituting wagering requirements that make it almost mathematically impossible to come out ahead when taking advantage of a bonus. They also watch player behavior closely, and if that behavior resembles that of known bonus hustlers, the casino might refuse to pay you based on “bonus abuse.”
The concept of wagering requirement seems more complicated than it is. Here’s how it works:
You sign up at a casino that offers you a 200% matching bonus on your first deposit of $1000. You deposit $1000, input your bonus code, and the casino adds $2000 to your balance.
You now have $3000 to play with.
But the casino requires you to wager this amount 35 times before cashing out. They also restrict your play to slot machines. You can play blackjack, too, but only 10% of your blackjack wagers count toward fulfilling your wagering requirements.
And you can’t cash out before fulfilling these wagering requirements.
Let’s assume you want to play the slots. A good ballpark estimate for the house edge on a slot machine game is 6%, but who knows? (The casino does, but you don’t.)
To wager $3000 35 times means you must put $105,000 into action.
The expected loss on that much action is 6% multiplied by $105,000, which is $6300.
Since you started with $3000, the mathematical expectation is for you to go broke before fulfilling your wagering requirements.
On the other hand, if you play blackjack, the house edge is only 0.5%. But since the casino only counts 10% of those wagers toward your wagering requirements, you need to make $1,050,000 in wagers before cashing out.
Jack Casino Points Games
0.5% of $1,050,000 is still over $5000.
Again, that’s more than your starting bankroll, so it’s unlikely that you’ll have money left over after fulfilling your wagering requirement.
You can, of course, get lucky and win more than you’re expected to. I claimed a bonus at an online casino once for $1000, and I hit a $6000 jackpot on my 5th spin of the reels on a slot machine game.
I was able to fulfill my wagering requirements and still have $2000 in profits.
But that’s because I got lucky—not because I took advantage of a mathematical edge given me by the bonus.
In fact, had I eschewed the signup bonus, I could have cashed out the entire $6000. I wouldn’t have been required to finish fulfilling the wagering requirements.
Conclusion
Casino and gambling comps are really cool, but they’re also a tool that casinos use to get you to lose more money than you’d otherwise lose. Understanding how those comps work is the first step in making sure you don’t get taken advantage of.
Jacks Casino Point System
Some people learn how to take advantage of the comps system in such a way that they gamble practically for free. It’s even theoretically possible to come out ahead because of the comps program. That’s too much work for most people, but it’s nice to know that it’s possible.
The bottom line about comps is that the casino doesn’t have your best interest at heart. They want your money.