Fortunately for me, I'm already a "member", and ineligible for this "Loss Rebate" promotion.
No need for me to think and rethink this promo, consider strategy, etc.
Actually, when I think of this promo and the terms to redeem, I can not stop myself from thinking along the lines of "Do they think people are stupid?"
Sure, it will look great on a Billboard along the interstate, and will draw first time visitors. Than, once inside, they break the news that redeeming it is a challenge that requires a total of 3 visits, and a first day loss to qualify.
I love "Loss Rebate" promotions, and will participate whenever possible. I don't even mind the 2 installment rebates with 1/2 now, 1/2 next month, since timing can work "OK" on those without being to inconvenient. Visit on the 30th, return on the 2nd. And I'm definitely not a fan of what EI does with the next day before your fsp in on your card routine.
But this promotion, IMHO, is intentionally misleading to anyone who does not know and understand the terms and conditions before entering the casino.
Of course, if I lived within a 2 hour drive, and had a big family of legal age, I may reconsider it. But not for long.