Showing posts with label Reno. Show all posts
Showing posts with label Reno. Show all posts

Wednesday, June 6, 2012

A Contrarian View on Resort Fees

In some hotel markets, particularly in hypercompetitive resort areas such as Las Vegas, hotels impose mandatory "resort fees" on customers.  I used to use terms like "diabolical" and other pejoratives to describe resort fees and the hotels that imposed them.  However, I recently have turned the corner on this issue and boldly go where no blogger has been before - to say that they can actually lower the price you will pay for your hotel.

Sunday, May 20, 2012

Taking the Kids to Vegas? Really? Part 6: Slot Clubs and Positive-Expectation Promotions



This is the sixth in the series "Taking the Kids to Vegas?  Really?"

Part 1:  Intro and Helpful Hints
Part 2:  What to Do
Part 3:  Where to Stay
Part 4:  Where to Eat
Part 5:  Deals and Finagles
Part 6:  This Page



First of all, let me get upfront about what you probably already realized:  This page covers topics you CAN'T do with your kids.  The title is very misleading and whichever blogger cavalierly posted that should be ashamed of him or herself.  Nonetheless, anyone over 21 can do the following, and any bottom-feeder worth her silt who is going to Las Vegas should know about slot clubs and positive-expectation promotions. So let your sweetie spend a few hours at the pool with the kids, and do a coupon run.  Or, since you will need a membership anyway to get the lower price on the buffet, why not just sign up while the rest of the family is waiting in the buffet line.

If you haven't already read about Don Johnson (no, not that Don Johnson), occasionally referred to as "The Beast of Blackjack," I recommend doing so.  What is important about this story, and what is relevant to the casual gambling public such as you and me, is not what you might think is important.  I don't suggest you learn to play perfect blackjack or expect to be treated like someone who bets $100,000 per hand.  First-timers can read about him in the Atlantic, and you can read a little more detail about the numbers here.

What Don Johnson got out of the Atlantic City casinos, which is relevant to the rest of us 99%, is an edge.  In his case, he was able to negotiate with desperate and naive casino managers to refund a percentage of his losses.  Blackjack has a slight edge in favor of casinos of about 1% if played perfectly without counting cards, and it may even tip in the gambler's favor depending on the rules.  (Card counters have a distinct advantage over the casino, until they are persona non grata.) If you play perfectly and you can negotiate a refund on 20% of your losses, you clearly have an edge which, over the course of a few days of playing, can and did cost several casinos millions of dollars.

With respect to comps that the rest of us would think to envy, Don put it best:  "What can they give you – a suite? Big deal. You’re not even spending any time up in the room... If they give me the right game and the right discount, they could give me an umbrella on the beach."

Monday, April 9, 2012

Reno Intermezzo

Any bottom-feeder should recognize the smell of blood, and attack accordingly.   Wait, that's not quite right.  Bottom feeders scavenge for things that nobody else wants.  That is where we step in.

Both our kids have today off from school, for some reason.  (Easter Monday?  The oft-disrespected third day of Passover?)  Since I can telecommute today, we took a spontaneous trip up to Reno, Nevada.  Actually Sparks, just east of Reno.  We come here a couple times a year with our kids.  It's very easy to get to from Sacramento, 2 hours' drive up Interstate 80.  There isn't a whole lot to see here, but it's fun to get out of town and stay in a hotel, and hotels here are about the cheapest anywhere, especially Sunday through Thurday nights.  We have some friends up here who we will be meeting for lunch later.

I also like staying in casino hotels because I am something of an insomniac, and at a casino I know I can always come downstairs and read, blog about nothing, etc. while the family sleeps.  When I get really desperate I can play nickel video poker.  5 dollars lasts more than long enough for me to want to get back to sleep.

If we have time, we'll stop and play in the snow for a bit on the drive home late this afternoon.