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Theoretical and Actual Loss Explained

Your Theoretical determines the comps and offers you receive



How Theo is figured for slot players

  • In short the ( Average size of your bet)  X  (Hours played per day) X (Spins per hour - this is determined by the game you're playing) X (House advantage - which is determined by the game you're playing)
  • ‍Size of bet -  Playing a higher average bet per spin, will net you a higher Theo‍
  • Hours played -  The more you play per day on a trip, the higher Theo you’ll generate‍
  • Spins per hour - The more spins or hands you play per hour, the higher Theo you’ll generate
  • House Advantage -This one’s a little tricky.  Basically, games that have lower win rates will generate a higher Theo. Penny slots on a cruise ship have an approximately 85%-91% win rate per dollar, 9% -  15%House Advantage.  
  • A simple rule of thumb; 4 hours per day with a $10 average bet, or 8 hours per day with an average $5 bet will afford you a consistently good Theo if you're a slot player.  

How Theo is figured for table players

  • Average size of bet) x (Hours played per day) x (Hands per hour - the game you're playing determines this) x (House Advantage, determined by the game you play)
  • ‍Size of bet - Playing a higher average bet per hand, will net you a higher Theo‍
  • Hours played - The more hours you play per day on a cruise, the higher Theo you’ll generate‍
  • Hands per hour - The more hands you play per hour, the higher Theo you’ll generate 
  • House Advantage -  Essentially, games that have lower win rates, will generate a higher Theo. For example, playing perfect strategy single-deck blackjack will win at 99% per dollar, 1% House Advantage
  • Rule of thumb - Playing 4 hours per day with an average $100 bet per hand, or 8 hours per day with an average of $50 per hand will afford you a consistently good theo

‍

Tier Score and Coin In

  • Tier score is a cumulative score. As you play through the year, your tier score continues to build until it eventually resets at the end of the year.  It's a loyalty programs that several cruise lines offer, giving you extra perks for the level you reach
  • Not all players that have a high tier score will have a high Theo
  • Coin In.  Theoretical generally values consistent play more than total coin in the machine.  For example, a penny slot pays out at a 92% win rate.   Video poker pays around 98%.  While each machine may generate the same coin in over the course of  an hour, the penny machine player will always generate more Theo over the video poker player because of the difference in House Advantage.


How do you increase your Theo?

  

  • The short answer is to simply play longer, or at higher denominations. But if you’re already playing at the highest level you’re comfortable with, here are a few factors to help maximize your playing score.  
  • Play machines with a higher House Advantage.  Slots  generate a higher Theo than table games, and it's easier to keep track of your tier points
  • Playing more, at a higher rate, on riskier machines, will generate a higher Theo than playing a little bit here and there or on table games, which are less predictable than a slot machine

Most importantly

      Always play to what you can afford to play, and even more importantly, play what’s fun for you to play.  There's not

 a comp available that’s worth it if it’s stressful and not 

enjoyable to achieve! 

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