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Vegas Trip Information for anyone looking to go this year.
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Topic: Vegas Trip Information for anyone looking to go this year. (Read 959630 times)
Graham C
Hero Member
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Posts: 20678
Moo
Re: Vegas Trip Information for anyone looking to go this year.
«
Reply #3735 on:
April 15, 2016, 10:01:20 AM »
I'm hoping to sneak down for a bit of poker this time!
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@silobass
My Photos
Longines
Gamesmaster
Hero Member
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Posts: 3798
Re: Vegas Trip Information for anyone looking to go this year.
«
Reply #3736 on:
April 16, 2016, 12:23:52 PM »
Virgin have upped the signup bonuses for their credit cards - 10,000 miles for the free card, 25,000 for the £140pa card.
http://www.headforpoints.com/2016/04/16/virgin-flying-club-credit-card-sign-up-bonus-raised/
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tonytats
Hero Member
Offline
Posts: 2648
Re: Vegas Trip Information for anyone looking to go this year.
«
Reply #3737 on:
April 21, 2016, 02:40:34 PM »
I got a virgin credit card and deceide do to try for max air miles value using it
I paid £7741 vat at0.415% cost £32.13 extra
I paid £5 k vat = the balance for my quarter end this cost £20
I paid £4306 to hmrc for monthly employees tax n n.i this cost £17.87
So for £17047 spends I received 17407 air miles which cost me £100
As virgin sell them at £30 per thousand this seems like a good deal for anybody planning flights to USA / anywhere with virgin ?
Tesco sell em 625 for £2.50 of tesco vouchers
Just a pointer for people who want a cheaper flight cost
Logged
StuartHopkin
Hero Member
Offline
Posts: 8163
Ocho cinco
Re: Vegas Trip Information for anyone looking to go this year.
«
Reply #3738 on:
April 21, 2016, 04:48:46 PM »
Quote from: tonytats on April 21, 2016, 02:40:34 PM
I got a virgin credit card and deceide do to try for max air miles value using it
I paid £7741 vat at0.415% cost £32.13 extra
I paid £5 k vat = the balance for my quarter end this cost £20
I paid £4306 to hmrc for monthly employees tax n n.i this cost £17.87
So for £17047 spends I received 17407 air miles which cost me £100
As virgin sell them at £30 per thousand this seems like a good deal for anybody planning flights to USA / anywhere with virgin ?
Tesco sell em 625 for £2.50 of tesco vouchers
Just a pointer for people who want a cheaper flight cost
Hi Mr Tats
So hypothetically speaking, if I were to pay £2m to HMRC over the course of a year using said credit card, I would receive 2 million points at a cost of £8,300?
I realise that this may take a little effort as the payments would need to be split due to credit limits!
Or is there a limit?
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tonytats
Hero Member
Offline
Posts: 2648
Re: Vegas Trip Information for anyone looking to go this year.
«
Reply #3739 on:
April 21, 2016, 05:05:28 PM »
http://www.headforpoints.com/2016/04/02/hmrc-credit-card-acceptance/
It's worked for me - I was sceptical but paid all them last weekend the £7 k plus some spends are already on as air miles
First £5 k spend = immediate upgrade to next cabin
£7.5 k spend = 2 upgrades
Planning on a southern states road trip in September / October flying in to Atlanta then drive Memphis Baton Rouge Lafayette New Orleans Biloxi Atlanta
So hoping to get enough for premium seats which may become first class seats
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tonytats
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Posts: 2648
Re: Vegas Trip Information for anyone looking to go this year.
«
Reply #3740 on:
April 21, 2016, 05:13:05 PM »
There's 9875 miles added to my account 16 th April - the cut off date on the credit card statement
The other 2 amounts were paid after that date
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Rotty
Sr. Member
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Posts: 487
Re: Vegas Trip Information for anyone looking to go this year.
«
Reply #3741 on:
April 21, 2016, 11:27:00 PM »
The real value was in using the miles to upgrade to UC but they have just put the amount of miles needed up
through card sign ups/ £20kpa credit card spend, ISA sign ups, clubcard, shops away and a couple of referrals etc I have managed to get over 200k miles in a year with a total cost of about 200 quid
Just used 120k to upgrade 2 returns UK to Hong Kong return flight from Econ to Upper
Later I will use 80-90k for 2 return econ reward flights to Vegas and use the free PE upgrade vouchers that come with the VA black card
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Simon Galloway
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Posts: 4173
Re: Vegas Trip Information for anyone looking to go this year.
«
Reply #3742 on:
April 21, 2016, 11:48:10 PM »
That's how you do it. So many different ways to earn miles without even trying.
Catch it right and the economy reward seats were 29,500 each this year. With a free voucher into PE, that's a fine way to go. Otherwise I agree, the reward seats are priced to make UC the slam dunk, as long as they actually have dates you can use.
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Rotty
Sr. Member
Offline
Posts: 487
Re: Vegas Trip Information for anyone looking to go this year.
«
Reply #3743 on:
April 22, 2016, 01:11:39 AM »
Yes the reward sales make the PE vouchers very good
Myself and my brother are off to Atlantic City in July (NY flight) bought in reward sale, 28k miles each and PE voucher
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Marky147
Hero Member
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Posts: 22797
Re: Vegas Trip Information for anyone looking to go this year.
«
Reply #3744 on:
April 22, 2016, 01:36:00 AM »
Planet Hollywood have got some 'Quantum' tournament this summer, and it looks absolutely chaotic.
Had two looks at it, and it just looks like complicating things for the sake of it.
(From 2p2)
Quantum Tournaments is a patented concept that allows players to enter a tournament on different days, with different buy-ins, and different tournament chip stacks, with different amount of players qualifying on those days. This concept allows the smaller bankroll players the opportunity to compete for a larger prize pool, normally structured to the higher buy-in tournaments.
The way we structure our tournaments is different for every casino. In some casino’s Quantum will put premiums on specific levels especially on Day 2 Buy-ins. Why do you ask? Some casinos have a larger player base and some casinos have more/less affluent players. The structure can also be slightly different based on the dollar amount of the buy-in. In some cases the larger dollar amount of buy-in has additional levels and additional time of blinds. Quantum’s Day 2 structure is also longer to adjust for the larger buy-in and previous levels.
In order to set a schedule and structure Quantum Tournaments will work with the tournament director to suit an estimated player attendance at the location. For example: A smaller casinos Day 1 flights are 5 to 6 hours. Bigger field casino’s Day 1 flights are 8 to 12 hours. This is why we consider premiums or discounts for flights and Day 2 buy-ins.
All additional monies are added to the prize pool.
We have since taken a standard model and will use this formula for future tournaments:
For $150k GTD at Planet Hollywood
Day 1A- $100 Buy-in, 10% adv. = 1 player advance for every 10 players
$100 x 10 (number of players per table) = $1,000 / 1 (adv. %) = $1000
True value of day 2 seat is $1,000 subtract $300 bonus for qualifying = actual value of seat $700
Day 1B- $200 Buy-in, 12% adv. = 1.2 players advance for every 10 players
200 x 10 (number of players per table) = $2,000 / 1.2 (adv. %) = $1,667
True value of day 2 seat is $1,667 subtract $300 bonus for qualifying = actual value of seat $1,367
Day 1C- $305 Buy-in, 15% adv. = 1.5 players advance for every 10 players
$305 x 10 (number of players per table) = $3,050 / 1.5 (adv. %) = $2,033
True value of day 2 seat is $2,033 subtract $300 bonus for qualifying = actual value of seat $1,733
Average of actual value for Day 2 Seats of all 3 Flights
$700 + 1,367 + 1,733 = $3,800/3= $1,266
Day 2 Seat value on avg. would be $1,266.
Day 2 direct buy-in should be $1,250 +100 = $1,350
For $300k GTD at Planet Hollywood
Day 1A- $200 Buy-in, 10% adv. = 1 player advance for every 10 players
$200 x 10 (number of players per table) = $2,000 / 1 (adv. %) = $2,000
True value of day 2 seat is $2,000 subtract $500 bonus for qualifying = actual value of seat $1,500
Day 1B- $300 Buy-in, 12% adv. = 1.2 players advance for every 10 players
$300 x 10 (number of players per table) = $3,000 / 1.2 (adv. %) = $2,500
True value of day 2 seat is $2,500 subtract $500 bonus for qualifying = actual value of seat $2,000
Day 1C- $400 Buy-in, 15% adv. = 1.5 players advance for every 10 players
$400 x 10 (number of players per table) = $4,000 / 1.5 (adv. %) = $2666
True value of day 2 seat is $2666 subtract $500 bonus for qualifying = actual value of seat $2,166
Average of actual value for Day 2 Seats of all 3 Flights
$1,500 + $2,000 + $2,166 = $5,666/3 = $1,888
Day 2 Seat value on avg. would be $1,888.
Day 2 direct buy-in should be 1,850+150=$2,000
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http://blondepoker.com/forum/index.php?topic=68840.0
Doobs
Hero Member
Offline
Posts: 16577
Re: Vegas Trip Information for anyone looking to go this year.
«
Reply #3745 on:
April 22, 2016, 12:11:51 PM »
Quote from: Marky147 on April 22, 2016, 01:36:00 AM
Planet Hollywood have got some 'Quantum' tournament this summer, and it looks absolutely chaotic.
Had two looks at it, and it just looks like complicating things for the sake of it.
(From 2p2)
Quantum Tournaments is a patented concept that allows players to enter a tournament on different days, with different buy-ins, and different tournament chip stacks, with different amount of players qualifying on those days. This concept allows the smaller bankroll players the opportunity to compete for a larger prize pool, normally structured to the higher buy-in tournaments.
The way we structure our tournaments is different for every casino. In some casino’s Quantum will put premiums on specific levels especially on Day 2 Buy-ins. Why do you ask? Some casinos have a larger player base and some casinos have more/less affluent players. The structure can also be slightly different based on the dollar amount of the buy-in. In some cases the larger dollar amount of buy-in has additional levels and additional time of blinds. Quantum’s Day 2 structure is also longer to adjust for the larger buy-in and previous levels.
In order to set a schedule and structure Quantum Tournaments will work with the tournament director to suit an estimated player attendance at the location. For example: A smaller casinos Day 1 flights are 5 to 6 hours. Bigger field casino’s Day 1 flights are 8 to 12 hours. This is why we consider premiums or discounts for flights and Day 2 buy-ins.
All additional monies are added to the prize pool.
We have since taken a standard model and will use this formula for future tournaments:
For $150k GTD at Planet Hollywood
Day 1A- $100 Buy-in, 10% adv. = 1 player advance for every 10 players
$100 x 10 (number of players per table) = $1,000 / 1 (adv. %) = $1000
True value of day 2 seat is $1,000 subtract $300 bonus for qualifying = actual value of seat $700
Day 1B- $200 Buy-in, 12% adv. = 1.2 players advance for every 10 players
200 x 10 (number of players per table) = $2,000 / 1.2 (adv. %) = $1,667
True value of day 2 seat is $1,667 subtract $300 bonus for qualifying = actual value of seat $1,367
Day 1C- $305 Buy-in, 15% adv. = 1.5 players advance for every 10 players
$305 x 10 (number of players per table) = $3,050 / 1.5 (adv. %) = $2,033
True value of day 2 seat is $2,033 subtract $300 bonus for qualifying = actual value of seat $1,733
Average of actual value for Day 2 Seats of all 3 Flights
$700 + 1,367 + 1,733 = $3,800/3= $1,266
Day 2 Seat value on avg. would be $1,266.
Day 2 direct buy-in should be $1,250 +100 = $1,350
For $300k GTD at Planet Hollywood
Day 1A- $200 Buy-in, 10% adv. = 1 player advance for every 10 players
$200 x 10 (number of players per table) = $2,000 / 1 (adv. %) = $2,000
True value of day 2 seat is $2,000 subtract $500 bonus for qualifying = actual value of seat $1,500
Day 1B- $300 Buy-in, 12% adv. = 1.2 players advance for every 10 players
$300 x 10 (number of players per table) = $3,000 / 1.2 (adv. %) = $2,500
True value of day 2 seat is $2,500 subtract $500 bonus for qualifying = actual value of seat $2,000
Day 1C- $400 Buy-in, 15% adv. = 1.5 players advance for every 10 players
$400 x 10 (number of players per table) = $4,000 / 1.5 (adv. %) = $2666
True value of day 2 seat is $2666 subtract $500 bonus for qualifying = actual value of seat $2,166
Average of actual value for Day 2 Seats of all 3 Flights
$1,500 + $2,000 + $2,166 = $5,666/3 = $1,888
Day 2 Seat value on avg. would be $1,888.
Day 2 direct buy-in should be 1,850+150=$2,000
I have read this several times and still have no idea what is going on
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Most of the bets placed so far seem more like hopeful punts rather than value spots
Marky147
Hero Member
Offline
Posts: 22797
Re: Vegas Trip Information for anyone looking to go this year.
«
Reply #3746 on:
April 22, 2016, 12:30:25 PM »
I was hoping somebody would post something to that effect, and I feel better knowing it has a maths whiz snookered, too.
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Burning $$$ in Vegas 2021
http://blondepoker.com/forum/index.php?topic=68840.0
Simon Galloway
Hero Member
Offline
Posts: 4173
Re: Vegas Trip Information for anyone looking to go this year.
«
Reply #3747 on:
April 22, 2016, 12:52:28 PM »
Virgin 30% off reward sale until 11th May. ANNNNND.... 30% on miles booster/buy miles etc.
Starting with 0 miles, you buy 23k+6900 bonus for £360
You pay about £200 airport tax.
Anyone paying £560+ as a retail fare, or worse with extra legs on the journey, should really not be playing poker with their own money.
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StuartHopkin
Hero Member
Offline
Posts: 8163
Ocho cinco
Re: Vegas Trip Information for anyone looking to go this year.
«
Reply #3748 on:
April 22, 2016, 02:30:58 PM »
Quote from: StuartHopkin on April 21, 2016, 04:48:46 PM
Quote from: tonytats on April 21, 2016, 02:40:34 PM
I got a virgin credit card and deceide do to try for max air miles value using it
I paid £7741 vat at0.415% cost £32.13 extra
I paid £5 k vat = the balance for my quarter end this cost £20
I paid £4306 to hmrc for monthly employees tax n n.i this cost £17.87
So for £17047 spends I received 17407 air miles which cost me £100
As virgin sell them at £30 per thousand this seems like a good deal for anybody planning flights to USA / anywhere with virgin ?
Tesco sell em 625 for £2.50 of tesco vouchers
Just a pointer for people who want a cheaper flight cost
Hi Mr Tats
So hypothetically speaking, if I were to pay £2m to HMRC over the course of a year using said credit card, I would receive 2 million points at a cost of £8,300?
I realise that this may take a little effort as the payments would need to be split due to credit limits!
Or is there a limit?
Black card application accepted
Lets get spending
2m flying club points here I come
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Only 23 days to go until the Berlin Marathon! Please sponsor me at
www.virginmoneygiving.com/StuartHopkin
Graham C
Hero Member
Offline
Posts: 20678
Moo
Re: Vegas Trip Information for anyone looking to go this year.
«
Reply #3749 on:
April 22, 2016, 02:50:11 PM »
Didn't realise I can pay my VAT with the card, that's pretty handy!
What you going to do with 2m miles? Is that the Necker Island reward level?
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@silobass
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