▲ 5 r/Mlife

MGM 30% Theo - Outdated Info?

It seems many people’s offers are not matching up with the conventional wisdom that mgm comps 30% of theoretical loss.

Mine are certainly nowhere close. On an average 3 night trip I will give them $20k coin-in. I also do some blackjack sessions at a $100 average bet, but not many of those.

I admittedly stay mostly non-weekends, but I still routinely get comped sky suites at Aria, plus $375 FP and $150 RC.

It feels like the 30% is funneled entirely to the FP and RC, and they now view the room inventory as loss leaders, basically giving them away. The bigger players get the better rooms, but the actual room cost is barely factored into the formula. Maybe simply what it costs them to operate (AC and housekeeping), which is pennies on the dollar.

Any thoughts?

reddit.com
u/esbforever — 2 days ago

Great songs, but that damned bluebird

I don’t know if I knew subconsciously what I was doing, but while driving today, I was using Siri to play songs that I wanted.

Sugarland
With every wish
Somewhere north of Nashville

All of a sudden, it hit me that all three songs contain lyrics about bluebirds. I consider Bruce a genius of almost unseen proportions, but man, what is his fascination with bluebirds, one of the most trite images imaginable?

reddit.com
u/esbforever — 9 days ago

May 15 Crypto Interview

I will preface by saying I don’t believe in crypto as a viable currency. But holy cow that first segment was pure nonsense. Errors everywhere.

- Bill says debt is 29T, off by literally 10T.

- Fool guest says 300M Americans are in the workforce, the number is half this.

- Bill says crypto is untraceable, fool guest who claims to be an expert, agrees with this. Basically completely false.

- Bill played off not knowing who Howard Lutnick is, saying he just wanted the fool guest to tell the audience. But Bill’s “who’s HL?” seemed awfully genuine.

- Bill says only about 20 people make money on crypto, the rest are suckers. As if there’s not plenty of people on the good side of the millions of trades taking place daily.

It takes a lot for me to defend crypto. But this was truly one of the most ridiculous segments I’ve ever seen.

reddit.com
u/esbforever — 2 months ago