Podcast 166: Get Well @FiveHundy; Casino Coupon Runs; Cohiba and San Cristobal Mini-Reviews; Competent Bartenders

 

Podcast 166, 4/20/14 … Happy Easter! We insert some good karma for Tim from Five Hundy, then launch into a pro/con analysis of going on coupon runs in Las Vegas. Tony briefly reviews the San Cristobal Elegancia cigar then Jason covers Cohiba Puro Dominicana. How can you tell if your bartender is competent? We’ll tell you.

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2 thoughts on “Podcast 166: Get Well @FiveHundy; Casino Coupon Runs; Cohiba and San Cristobal Mini-Reviews; Competent Bartenders

  1. AccessVegas Reply

    Las Vegas Advisor made their claim to fame with the coupons, and I’m a huge Anthony Curtis fan. Having said that, I’d question the kind of coupon runs they did on the Travel Channel back in the day. They would spend the better part of a day driving all over the Las Vegas Valley to make perhaps $100 in profit. Minus the time and gas, is it really worth it?

    I’m all for coupons if you don’t have to go out of your way to use them. But I used to chide my readers who were coupon-crazy to ask themselves if it is really worth taking the time/cost to go from one end of The Strip to the other to redeem a 1/2 price coupon for some show/activity that was not on their Vegas “to do” list.

    Another ROI I tell people to look at is the cost per waking hour they are spending to be here. Take your airfare (including all fees), hotel transfer, basic food costs to eat out every meal, and hotel room cost (if not comped) and add it all up. Then divide it by the total number of WAKING hours you have here. Especially on a shorter stay, the math may shock you. If you are spending (let’s say) $10 per waking hour just to be here and you devote 4 hours to a coupon run, you are starting $40 in the hole.

    Side Note: Even planning on where to stay can very much factor into your “Vegas ROI”. Mandalay Bay or SLS aren’t particularly the places you want to be if many of your activities are mid-strip. You burn time (money) and cab fare (money) getting where you want to be.

    So many things go into your “Vegas ROI” that can blow the water out of a coupon savings or 1/2 price show ticket or similar.

    I will absolutely agree that since you were downtown, it made all the sense in the world to make the run. However, it sounds like when you add in the losses of the entire group along the way, you had a pretty serious negative ROI on the coupon run as well. Granted, everyone in the group may have lost the same amount of money that day anyway, but lost it racking up their daily average at one place for comps (which I do believe you brought up).

    If you revisit the topic in a future episode, it would be interesting to know if you see coupon runs as part of future visits and hear your thoughts on the “Vegas ROI” concept in general that factors in time burn against the actual hourly cost of being here.

    • Jason Gillikin Reply

      As a “victim” of Tony’s coupon run … yes, I had a negative ROI on that deal. That said, I do think there’s a minor experiential benefit to using a coupon run to visit destinations in places like FSE that you wouldn’t otherwise frequent. LVC and the Fremont come to mind.

      Interesting that ROI calculations can be purely financial – in which case, I think they’re a horrid idea – or they can give an excuse to check items off a Vegas to-do list.

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