▲ 3 r/Mlife

MGM Credit Lines

I now have lines at 3 of the major MGM hotels in Vegas. How does this work in practice? I know each line is supposed to be restricted to play at that hotel, but it seems this could get really cumbersome.

For instance, let’s say I am at Bellagio and take out a $3k marker. Play some, and finish down $500. If I’m planning to go back to Cosmo, do I have to pay off the $2,500 at Bellagio, then take out a new marker at Cosmo? These are not always quick processes.

Thanks in advance; I’d like to do everything by the book.

reddit.com
u/esbforever — 3 days ago
▲ 5 r/IRS

Congressperson Help

I am one of these poor fools waiting 5 months for a large refund from a relatively straightforward tax return.

I got in touch with my congressman two weeks ago, they took all my info, and said they’re on it. I followed up a few days ago, but no reply as yet.

What is the standard for communication from here? Should I just not bother them, or is this a squeaky wheel gets the oil thing?

Thanks!

reddit.com
u/esbforever — 21 days ago
▲ 1 r/Mlife

Wynn / Venetian

I know it seems weird to ask about those two properties in this particular subreddit, but something tells me you guys will know more than the larger Vegas sub.

I play about 7K coin-in per day, and $100 average bet blackjack. MGM has treated me very well at this level, better than I deserve for reasons I can’t quite figure out. But I’m just curious, would that level of play even get me a comped room at Wynn? I assume it would be at least a comped room plus a little free play at Venetian?

Anyone with any knowledge of how those properties comp programs work would be really helpful. Thank you.

reddit.com
u/esbforever — 1 month ago
▲ 2 r/Schwab

Custodial/UTMA account access

Does anyone here have a custodial account for their child? I want to start one for my child, and ideally she would be able to access the app on her phone so she could track her investments.

However I would want to make sure she can only see her account, as opposed to mine. (We teach her about money but she’s still too young for full financial disclosure, ha.)

Curious how all this works, and would love some advice.

Btw I know the drawbacks around financial aid and the account being fully hers at 18/21; I have no concerns on those points.

Thanks!

reddit.com
u/esbforever — 1 month ago
▲ 6 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MGM 30% Theo - Outdated Info?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 months 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 — 2 months 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 — 3 months ago