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Daily Comp Values for Vegas Rooms/Suites

Discussion in 'Comps' started by SinD, Jul 26, 2016.

  1. Broncofn

    Broncofn
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    Wynn 1br fairway villa around $1500
    Wynn 2br fairway villa around $2000
     
  2. Tyche

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    Thanks Broncofn. My Wynn host never tell me anything like that.
    Does anyone have the comp rates for the Wynn Tower suite - Parlor Suite & Executive Suite?
    This year I got downgraded from Parlor to Executive suite and I am really curious what's the rate difference is.
    cause my BR hasn't changed much but my comp is getting smaller and smaller...
     
  3. shifter

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    don't have exact numbers, but I remember the Parlor was around $500/night and Executive is like $350.
     
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  4. Momo

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    Sorry to sound ignorant. Am new to the board. My host recently explained that I'm generally comped 30% of theo, and typically more if losing. I also understand that he said the "value" of my room is deducted from the comp amount, and what's left is applied against limo, food/bev, spa, tix, etc. in this thread, is the comp rate you are referring to the same as what my host was saying about room value basically needing to be earned by play during current trip and all the rest of possible comps come out after?

    For example, last week I was staying and playing at Paris, and had a one bedroom suite called Lyon. My theo was 4100 so comps roughly 1200. He said my room "chewed up" almost 700 of that. Me: but I had an offer for free room. Him: yeah but you still have to earn it and it comes out of the trrp's comps. The room was 230/night.

    So now I understand a little more I think. Any additional info would be great.

    Thanks for a great board!
     
  5. scottndindy

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    Someone correct me if I am wrong but I believe whenever on a CET offer the only item you have to "work off" is the room itself. Freeplay, resort credit, tickets, etc are just given assuming they are part of the offer.
     
    #25 Nov 6, 2016
    Last edited: Nov 6, 2016
  6. bayoubengal

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    Yes you have to "earn" your room cost. Your offer is made in anticipation of similar play that you've given them in the past.
     
  7. Craps_Player

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    If I am to take on a 50 night comp at the Monte Carlo this April, which is basically what's happening (two rooms, one Monaco Suite and one Twin Bedroom) which we can assume to be a comp value of US$150 each room just to average it out, with an average bet of US$200 per roll on CRAPS with a loss theo of 0.756 (all bets up excluding odds), how many hours of play would I need to cover just to make room comp? Is it 50 hours? (0.756 x 200 x 50 = $7,560 close to US$7,500 room comp charge). Then, all F&B and Show tickets for a larger family....got to play for that as well. Someone here will have a much better understand of playing time calculation than myself.
     
  8. Tesla

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    You only get a percent of your theo (about 30% at MGM properties apparently), so you need to roughly triple your bet or time played to get even on the room.
     
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  9. Craps_Player

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    Oh yeah, knew I'd left out something . So, it's 150 hours of play or $600 average per roll for 50 hours of play to just cover the rooms. I'd better ask my host what the comp value is on the rooms to
    Be exact and I'll add it to the sticky thread for the benefit of the forum.
     
  10. Craps_Player

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    Monte Carlo: average comp value for a standard room is $60, to $110 for a Monaco Suite. Diamond suite should be higher. These are weekday values but are still suitably low, which can really take the pressure off playing time if that's your checklist.

    When Monte Carlo switched to MGM Park, the comp values will probably increase.
     

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