You can argue night and day that there are no worthwhile rewards to be had, but as long as you’re methodical about your purchases, you can still save quite a bit of money using the game. I’ve calculated that in just two trips, I’ve saved more than $300. That’s like three low roller gambling days right there. I’m a fan of anything that saves me money and I always strive to be as efficient as possible. Here’s how to make the most out of your myVegas purchases:
Focus on the $
I look at the rewards solely as a way to save me money on activities I may enjoy in Vegas. Because of this, I like to analyze the rewards with the highest market price. This is why I, and many of you, are partial to room rewards. When choosing between two rewards, pick the one with the highest real value. For example, say you’re like me and like to not only eat, but drink the night away as well. We might consider getting a free buffet reward. It would be an outright comp and most of the properties offer one. However, you can also purchase a $50 drink credit to the Bar at Times Square in NYNY. Most buffets costs less than $50, so I’d pick the bar tab. This example may not be best for everyone because of taste or location, but it’s something to keep in mind.
Also, it’s good to note large discrepancies in LP purchase prices. Sticking with NYNY, the $50 drink credit mentioned earlier costs 50,000 LPs. Because I’m a gambler as well, the $50 Freeplay offer is enticing. But that reward costs $150,000 LPs. It’s clear which reward is more efficient for my real and digital bankroll if a choice needs to be made.
Know Your Limits
There are, of course, limits on how many rewards you can use at each property. Here’s a list to help you out. Maximizing rewards becomes easier if you have a rental car. You could purchase consecutive weekday comped nights at a Station and MLife property. Or, if staying on the Strip, use two food and drink rewards for Red Rock or GVR as an excuse to check out their casinos.
The Monorail, Wolfgang Puck, and House of Blues rewards are independent from the MLife and Station limits. Hitch a free ride, grab a discounted meal, and take in comped access at the Foundation Room.
Go on a Shopping Spree
I repeat this advice a lot, but it speaks to the idea of sunk costs. Purchase more rewards than you’re allowed to use for a variety of activities. Obviously, the property limits won’t permit you to enjoy them all, but you can pick and choose when you get out to Vegas. Rewards options are not as vast when you’re in the city limits- us visitors have more options. There’s no guarantee the reward you want will be available when you arrive. Plus, we all know plans in Vegas change quickly. We may have wanted to go to that restaurant, but we never made it to that area of the Strip. In those situations, another, even much smaller reward, may better suit our moods.
Hopefully, with these tips, you’ll be able to save some green and add to your bankroll. Have you ever calculated how much you’ve saved with myVegas? It may surprise you!
