Best Strategy for Las Vegas Loss-Redemption Promotion?
Tynan wrote a post about a year ago regarding taking advantage of a casino loss-redemption promotions in Las Vegas. Read that post for full details.
I just left Vegas and unfortunately it looks like many of the promotions now refund your loss over a period of time (1/2/3 days at 50%/25%25%) or, at the Palms, over a longer period of time (I believe 1 day/14 days/90 days).
If you've been successful in exploiting this promotion please share your strategy and results.
Tynan, I know you recently had success with the Palms $1k promotion both at the tables and slots (a total of $2k in "insured" high-stakes betting). I'd love to hear how you played this through (or would have if you had lost the initial bet).