Comps net value
Estimate theoretical loss, illustrative reward face value, and the amount the benefit is personally worth.
Action: $3,000.00 · Theo: $60.00 · Face reward: $12.00$51.00expected net cost after $9.00 of personally usable value
Compare the usable value of casino rewards with theoretical gambling loss using action, house edge, comp rate, and redemption value.
Estimate theoretical loss, illustrative reward face value, and the amount the benefit is personally worth.
Expected loss and comp value must use the same action base. Discount rewards for benefits you would not otherwise purchase at full price.
A positive displayed offset does not make a volatile wager risk-free. Confirm whether the casino calculates points from coin-in, theo, or another basis.