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qualified casino play

Spanish translation: \"perfil del jugador en el casino\" o \"cuenta del jugador en el casino\"

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:qualified casino play
Spanish translation:\"perfil del jugador en el casino\" o \"cuenta del jugador en el casino\"
Entered by: Jürgen Lakhal De Muynck
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12:54 Sep 25, 2011
English to Spanish translations [PRO]
Law/Patents - Law (general) / liability hotel room
English term or phrase: qualified casino play
... You hereby authorize us to charge your credit card or apply funds you have on deposit with us against what you owe. The extent of any complimentaries received is based upon qualified casino play that is received during and after your stay. Please notify a Guest Service Representative immediately if there are any errors to your name.
Jürgen Lakhal De Muynck
Spain
Local time: 05:27
"perfil del jugador en el casino" o "cuenta del jugador en el casino"
Explanation:
Q. You always mention in your mailers" Free for Qualified Players". What is a "qualified player"; how do I become one and how do I find out if I am "qualified" for a comp trip?

A. All casinos use a rating and tracking system to determine the theoretical profitability of a customer. Each customer's gaming activity, while playing table games, is tracked and rated by the casino pit supervisors. Based on the players Average Bet and Time played and "house advantage" of the game played, the casino uses a formula to determine what they should have statistically won from the player. The casino can then determine what portion of this "theoretical win" can be reinvested in the customer.

For an example: A $50 average bet blackjack player playing about 4 hours per day will, on average, statistically lose about $150.00 during the gaming session. (The comp value for slot players is determined by total amount of coins played. This is why we always encourage you to use your rating card each and every time you play slots. We also suggest that couples use same account number on each rating card. Your combined play usually generates more comps.)

Most casinos "reinvest" about 35-40% of this "theoretical winnings" in the customer for comps for room, food, beverage, shows and airfare reimbursement. Generally speaking, the player's actual win or loss is not a factor when the comp limits are calculated. (Of course, if a player losses a significant amount of money in a very short time, allowances can be made for comps) In this example, the "theoretical win" shown in this example of $150 would earn the player about $60.00 in comps. (Please note: Actual results will vary based on many other factors not brought out in this example)

Now the question is: What does this $60 in comps buy you. At some casinos where room rates are lower (especially during of-season and mid-weeks) this may be sufficient to earn you a complimentary room. In some high end casinos, this may not even qualify you for a casino rate! So, it is important to know and understand your potential comp value AND the cost of the goods and services that you expect from the casino. Obviously it takes more comps (higher average bet and more time played) to get a suite at The Venetian instead of a standard room at a lower tier casino.

The player's comp value will apply to room charges, meals and other "in-house" expenses. Any remaining comp value may be applied to airfare reimbursement or other "hard costs" that you want the casino to comp for you.
Selected response from:

cristinafalcao
Portugal
Local time: 04:27
Grading comment
gracias
4 KudoZ points were awarded for this answer

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Summary of answers provided
3"perfil del jugador en el casino" o "cuenta del jugador en el casino"
cristinafalcao


  

Answers


4 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
"perfil del jugador en el casino" o "cuenta del jugador en el casino"


Explanation:
Q. You always mention in your mailers" Free for Qualified Players". What is a "qualified player"; how do I become one and how do I find out if I am "qualified" for a comp trip?

A. All casinos use a rating and tracking system to determine the theoretical profitability of a customer. Each customer's gaming activity, while playing table games, is tracked and rated by the casino pit supervisors. Based on the players Average Bet and Time played and "house advantage" of the game played, the casino uses a formula to determine what they should have statistically won from the player. The casino can then determine what portion of this "theoretical win" can be reinvested in the customer.

For an example: A $50 average bet blackjack player playing about 4 hours per day will, on average, statistically lose about $150.00 during the gaming session. (The comp value for slot players is determined by total amount of coins played. This is why we always encourage you to use your rating card each and every time you play slots. We also suggest that couples use same account number on each rating card. Your combined play usually generates more comps.)

Most casinos "reinvest" about 35-40% of this "theoretical winnings" in the customer for comps for room, food, beverage, shows and airfare reimbursement. Generally speaking, the player's actual win or loss is not a factor when the comp limits are calculated. (Of course, if a player losses a significant amount of money in a very short time, allowances can be made for comps) In this example, the "theoretical win" shown in this example of $150 would earn the player about $60.00 in comps. (Please note: Actual results will vary based on many other factors not brought out in this example)

Now the question is: What does this $60 in comps buy you. At some casinos where room rates are lower (especially during of-season and mid-weeks) this may be sufficient to earn you a complimentary room. In some high end casinos, this may not even qualify you for a casino rate! So, it is important to know and understand your potential comp value AND the cost of the goods and services that you expect from the casino. Obviously it takes more comps (higher average bet and more time played) to get a suite at The Venetian instead of a standard room at a lower tier casino.

The player's comp value will apply to room charges, meals and other "in-house" expenses. Any remaining comp value may be applied to airfare reimbursement or other "hard costs" that you want the casino to comp for you.



    Reference: http://www.casinojunketvacations.com/
cristinafalcao
Portugal
Local time: 04:27
Specializes in field
Native speaker of: Native in PortuguesePortuguese
PRO pts in category: 4
Grading comment
gracias
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