I am heading to Las Vegas to speak at two conferences next week. I have been busy this week preparing the power point presentations and reviewing the materials. The conferences I am speaking at are Raving’s Host & Player Development Conference and BNP Media’s Casino Marketing Conference.
At the Host & Player Development Conference, the title of my talk is “We’re Not in the Gambling Business, We’re in the Mathematics Business: Understanding the True Value of a Player.” This talk is an introduction to gambling mathematics for hosts. I’ll cover mythology, luck, variance, house edge, the “long run” and t-Win. At this conference I am also going to be a luncheon speaker on the topic: “Fear and Loathing for Hosts — When VIP Players Really Aren’t VIPs.”
At the Casino Marketing Conference, the title of my talk is “Is Free Play Really Free?” My presentation will be a discussion of the mathematics of Free Play. The focus will be on evaluating net-cash-flow for a slot player who is given a certain amount of free play. I am also going to examine the growth of Free Play, the tax implications of Free Play, and survey current Free Play scams. If you’re curious about the real value of Free Play, here is an article I wrote for Raving’s Solutions magazine:
Here is a flyer for the conferences:
I hope to survey a number of casinos during my down time. I will keep my eyes wide open for AP opportunities, camera in hand. Until I return, there will be few updates to this blog.