It disappoints me when I see people not using a Rewards Card. I sometimes ask people why they don’t use a card. The answers boggle my mind. Here are the truths and myths about these little plastic cards. Here is the Ultimate Truth About Casino Players Cards & Slot Machines.
Myths About Players Cards & Slot Machines
I hope you don’t believe in any of the following:
- “I don’t play enough to earn anything.” Rewards points can add up quickly. Take advantage of multiplier days and other promotions to increase your points and tier status.
- “When I use my card the machine knows and doesn’t pay off.” There is no connection between the card reader and the slot machine. They are two separate systems.
- “I don’t want to give out my address to the casino.” The casino needs your address to mail your promotions.
- “I take my card out and I get a bonus – explain that!” Again, there is no connection between the card reader and the slot machine. The Random Number Generator takes care of the winning – and losing.
- “Playing with your slots club card decreases your chances of winning.” The myth is that the casinos want you to win less so, insert your card and they can change your winning percentage. Again, the RNG ( Random Number Generator ) takes care of the machine’s payout. The notion that by using a casino club card lowers your odds of winning is a big misconception, and quite frankly illegal.
- “Using Your Player’s Card Shows can change my comps! – Well, yes – but not as you may think. Your perks depends on your theoretical value. Without use of the card, comps are nearly impossible for recreational gamblers. “Discretionary Comps” – complementaries handed out by management staff – rarely exist these days.
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More Crazy Talk -The Ultimate Truth About Casino Players Cards & Slot Machines
- “The slot machine can tell the difference between playing maximum and minimum.” That’s why I take out my card when I change my bet.” The number of coins played has no effect on whether or not the winning symbols will line up. It only determines how much you will win or lose. Many players will vary the number of coins they play per spin because they believe there is a pattern that can make them winners. Some players will even cash out during their playing sessions so the machine will “think” a new player has started playing. Slot machines are computers and there is no way they “know” when a new player starts playing. The RNG is continuously running and is used only to select the next win or loss.
- “Using a player card enables the casino to report my winnings to the IRS.” The fact is, it makes no difference. If you win $1,200 or more on a slot machine, they will report it anyway because of the paperwork you will sign. Check tax rules and use your annual win/loss statements to declare offsetting loses to jackpot wins when possible. Of course, you declare your winnings, don’t you?
When Should I Not Use My Rewards Card?
Some high rollers play without their rewards card at tables so they stay anonymous. They are called “refusal” players.
For the rest of us, you might stop in and play substantially less than your ‘typical’ session. On those days, don’t play with your card. On these short plays, you want no record of small play. Otherwise, use your card all the time.
Let’s say you are staying at a casino hotel and you are rated at $300/day. On the last day before you catch your flight, don’t play small with your card on the last. It hurts your Average Daily Theoretical (see above). Changes in your ADT will diminish your comps.
Beware of small plays or “no-gambling” days at the casino. Playing your free slot play and walking away with whatever you made will have terrible consequences on you ADT. That includes walking in, swiping your card and walking out. It’s still considered a “no-gambling” day.
Beware of Chasing Comps
Please Note – One of the most-common mistakes in gambling involves chasing comps. Far too many players think that they should continue gambling just to earn a specific reward or tier status. The key thing to realize here is that the rewards are never worth the theoretical losses you’ll spend to reach them. Don’t do anything that encourages you to gamble beyond your means. That $100 “free” buffet will never really feel worth it.
Play sensible, play with knowledge, and play responsibly with your Players Card.
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