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Best of John Robison
Advice for achieving a higher players' club level30 June 2008
Thanks for the kind word about my columns.
The only sure-fire way I know of to get a higher status level in a players club program is to play more.
In your example, you're betting 20 cents per spin. If each point requires $4, you earn one point every 20 spins. It will take you 100,000 spins to earn 5,000 points. If you play 10 spins per minute, that's 10,000 minutes, or about 167 hours. If you play six times a month, or 36 times in a half-year, you have to play over 4.5 hours per visit.
Playing that long so many times per month would require quite a bit of dedication. I doubt that the higher status level is really worth that much of your time.
Of course, you can cut down on the amount of time needed to earn the points by increasing the amount you risk per spin. Only you know your bankroll and whether you'd be comfortable betting higher amounts. Again, I doubt the higher status level is worth the additional risk.
Players' clubs are modeled after airline frequent flyer programs. Just like with the frequent flyer programs, there might be additional ways to earn points in the players' club. Keep your eyes open for these additional point-earning opportunities, but read the fine print. Just like with the airline programs, these additional point-earning opportunities don't necessarily count towards elite status.
Finally, here's another way to look at the requirement for the higher level. The higher level requires giving $20,000 in action over six months. If penny machines pay back about 90%, which might be too high an estimate for penny machines, your expected loss is $2,000. You might lose more or less or actually win, but over the long run, we expect to lose on average $2000 per $20,000 played on a 90% long-term payback machine.
Are the benefits of the higher level worth $2,000 to you? If such an option were available, would you go to the slot club booth and pay $2,000 to be elevated to the higher level?
Best of luck in and out of the casinos,
Send your slot and video poker questions to John Robison, Slot Expert, at email@example.com. Because of the volume of mail I receive, I regret that I can't reply to every question.
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Best of John Robison