Getting Rated

Getting rated as a table game player sounds more impressive, and more difficult, than it actually is. All getting rated means is that the casino is keeping track of how much time you spend at the table games and how much you wager while you're playing. For rating purposes, it doesn't matter whether you win or lose — or how much you win or lose — during any particular session or visit.

The Rating Formula

Here's why wins and losses don't matter. Every game at the casino has a built-in house edge, which varies from around 1 percent to 30 percent or more. That house edge is the amount of each wager the casino expects to keep as profit over the long run. Comps, whether they're for meals, drinks, hotel rooms, or airfare (for the really high rollers), are a fraction of the house edge, usually around 20 percent but sometimes as high as 40 percent. Since all of these figures are calculated over the long term, it doesn't matter, from a comps standpoint, whether you lose $500 or win $1,500 in a given session. All that matters is how long you play, how much you wager, and how much the house edge is.

Suppose you're playing craps, betting $5 at a time, with a house edge of 1.4 percent. This is what a typical casino's comp formula might look like:

<tgroup cols="6" align="center"> <colspec colnum="1" colname="col1" colsep="0" rowsep="1" colwidth="15%" align="left"/> <colspec colnum="2" colname="col2" colsep="0" rowsep="1" colwidth="15%" align="left"/> <colspec colnum="3" colname="col3" colsep="0" rowsep="1" colwidth="15%" align="left"/> <colspec colnum="4" colname="col4" colsep="0" rowsep="1" colwidth="15%" align="left"/> <colspec colnum="5" colname="col5" colsep="0" rowsep="1" colwidth="20%" align="left"/> <colspec colnum="6" colname="col6" colsep="0" rowsep="1" colwidth="20%" align="left"/> <thead> <tr> <td><p>Average Bet</p></td> <td><p>Total Throws</p></td> <td><p>House Edge</p></td> <td><p>Expectation</p></td> <td><p>Comp Rate</p></td> <td><p>Comp Value</p></td> </tr> </thead> <tbody> <tr> <td><p>$5 ×</p></td> <td><p>75/hour ×</p></td> <td><p>1.4% =</p></td> <td><p>$5.25 ×</p></td> <td><p>20% =</p></td> <td><p>$1.05</p></td> </tr> </tbody> </tgroup> </table> <p>The expectation is how much, on average, the house expects to win from you at your level of play. In this example, you're wagering an average of $375 an hour ($5 per throw times 75 throws an hour), but the house only expects to keep $5.25 of that total. They'll give you back about a dollar of that in comps, which still leaves them a comfortable profit but makes you feel better about spending your money there.</p> <div class="npsb"> <h2></h2> <p>Never play any casino game just for the comps. Comps are rewards you earn for wagering your money, but their value is only a tiny percentage of what you gamble. It makes no sense to drop an extra $50 at the blackjack table or into a slot machine just to get a “free” $9.95 buffet.</p> </div> <h2>Improving Your Rating</h2> <p>The difference between table game ratings and player's club cards is that, with the card, a computer is keeping precise track of each spin and wager you make. At the table games, casino personnel are estimating how much time and money you spend at the table. At many casinos, you might meet some resistance to getting rated unless you're betting $25 or more per hand, but don't let that discourage you from asking. Some places will rate you — and give you comps — for betting as little as $1 per hand.</p> <p>There are some things you can do to improve your table game rating without going over your budget. Perhaps most important is being friendly with the dealer and tipping appropriately. Remember that the dealer reports to the floor person, and a friendly dealer can be an advocate for you when it comes time to figure out your comps.</p> <p>You also can get credit for playing even when you're sitting out a hand or absent from the table. When a waitress asks you for a drink order or brings your drink to you, for example, you can miss a couple of hands without losing your seat at the table. If you take a restroom break, you can ask the dealer to “mark” your seat, or save it until you get back. In both cases, you'll get credit for playing even when you didn't place a wager.</p> <!--/gc--> <div id="pagination"><ul><li class="prev"><a href="http://www.netplaces.com/casino-gambling/player-incentives/players-clubs.htm" title="Player's Clubs">Player's Clubs</a></li><li class="next"><a href="http://www.netplaces.com/casino-gambling/player-incentives/merchandise-comps.htm" title="Merchandise Comps">Merchandise Comps</a> </li></ul></div></div> <div id="coda"> <div id="rel"><div class="n5">Related Articles</div><ul> <li><a href="http://www.netplaces.com/casino-gambling/player-incentives/getting-rated.htm" zT="18/1YL/Zn"> Getting Rated - Casino Gambling </a></li> <li><a href="http://www.netplaces.com/casino-gambling/what-are-the-odds/playing-against-the-house.htm" zT="18/1YL/Zn"> Playing Against the House - Casino Gambling </a></li> <li><a href="http://casinogambling.about.com/od/oddsandends/tp/10best.htm" zT="18/1YL/Zn"> 10 Best Casino Bets </a></li> <li><a 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