The Goal
NOTE: We are not affiliated with MGM. We’re just customers.
Here’s our story…
We’d been gambling at MGM casinos for several months, but now we wanted to reach MGM Gold Tier. MGM Gold requires $75K in tier credits ($1 gambled = 1 tier credit). The hurdle was our $2,000 bankroll.
The way we got around this was using something called the MGM Daily Tier Accelerator, which awards an additional 5,000 tier credits if you gamble $10K in a day. Our attempt required pushing all of our bankroll through the slots five times
But I’m a gambler—a new gambler—but still a gambler.
The series of videos below show how we did it (or skip past them and keep reading).
Bankroll Needed
PLEASE NOTE: Gambling to move up a loyalty tier in a day is for gamblers with at least a $2,000 bankroll. Weigh the benefits before attempting.
Your bankroll is how much money you’ve set aside to gamble with. This has to be money that you wouldn’t miss if you burned it.
We managed to gamble $10K in one 24-hour period, which earned us an additional 5K tier credits—all we needed to reach MGM Gold.
NOTE: At MGM, the tier accelerator benefit amount counts towards your next milestone. If you gamble $5K in a day, then get the additional 1,250 credits, you only need to gamble another $3,750 to hit the next day’s 5K milestone.
Day 1: $10K
Day 2: $5K
Day 3: $5K
Day 4: $5K and so on
This would get you to 60K tier credits. We reached the 10K milestone once, but honestly I wouldn’t recommend it for new gamblers.
Is MGM Gold Worth It?
With loyalty comes benefits.
Casino loyalty programs are the same as those for an airline or hotel chain, except in Vegas it also comes with freeplay (free credits to gamble with). Since we travel to Las Vegas almost every month (sometimes twice), the savings amount to about $50,000 a year.
If you rarely gamble or visit an MGM resort, this probably isn’t for you. You should also factor in what’s important. We enjoy gambling, so removing the expense of a hotel room, resort fees, and food and drink expenses was valuable to us.
Gold Tier is for Frequent Gamblers
If you visit Vegas multiple times a year, it’s possible to move up the first two tiers in two visits. We know this is possible because we’ve done it.
We gradually built up to 13K MGM tier credits over five visits. We choose MGM simply because a) they acquired the Cosmopolitan (one of our favorite hotels), and b) we liked their properties more in general.
Do we ever gamble at other casinos? Yes. We also achieve Platinum Tier status at Caesars.
Tips
The 24-hour timer begins at midnight. You can begin gambling at 12:01am. If you’re in the middle of a session at 11:55pm the day prior, cash out and pull your card from the machine.
No stamina? Don’t do it: While playing slots isn’t physically demanding, the mental stress and endorphin rushes took their toll. By the time 11:59pm rolled around, I was exhausted. I’d downed 11 large cups of coffee that day, about 1-1/2 gallons.