Caesars Olympus: what it really costs

Olympus is the new Caesars Rewards tier above Seven Stars. The first step is 300,000 Tier Credits earned by December 31, 2026. The press priced that at about $1.5 million. That figure is coin-in, the money that passes through the machine, and most of it comes back to you. What the tier costs is the expected loss, and that ranges from $120,000 down to about $4,600 depending on the game you play and which days you play it.

300,000 Tier Credits, priced four ways

RouteCoin-inExpected loss
Reel slots, spread across the year$1,500,000$120,000
Reel slots, 20 bonus days of 5,000 credits$500,000$40,000
9/6 video poker played right, spread across the year$3,000,000$13,800
9/6 video poker played right, 20 bonus days$1,000,000$4,600

Caesars earns 1 Tier Credit per $5 on reel slots and 1 per $10 on video poker. So 300,000 credits is $1.5 million of slot coin-in, which is where the $1.5 million headline comes from. At the 8% reel-slot hold the comps guide uses, the house keeps $120,000 of that on average.

Two things cut the price. The first is Caesars' daily Tier Credit bonus. Earn 5,000 Tier Credits in one promotional day and Caesars adds 10,000, so each such day is worth 15,000. Twenty of them is exactly 300,000. Slot coin-in drops to $500,000 and the expected loss to $40,000. The bonus pays every promotional day, one level per day, so it repeats.

The second is the game. Video poker earns credits half as fast, so it needs twice the coin-in, but 9/6 Jacks or Better played correctly has a house edge of 0.46% against the slots' 8%. That is 17 times smaller. On twenty bonus days that is $1,000,000 of video poker coin-in and about $4,600 of expected loss. It's the same tier at 1/26 of the price.

One bonus day on video poker is $50,000 of coin-in. At $25 a hand ($5 machine, five coins) and about 600 hands an hour, that is a bit over 3 hours. Twenty of them is about 67 hours between now and December 31. Correct play is the whole discount, and the video poker trainer shows the right hold for every hand.

Olympus price calculator

Put in the Tier Credits you already have this year. It works out what the rest costs, with or without the daily bonus, and whether it fits before December 31.

$4,600
expected loss to reach 300,000 Tier Credits
Tier Credits still needed
Tier Credits you earn yourself
Coin-in (the published price)
Hours of play at your bet
Swing, one standard deviation

What you get, and what nobody knows yet

Caesars lists Reward Credits earned 40% faster, suite upgrades subject to availability, a seven-night annual retreat at any Caesars Rewards destination, members-only events, and a Founder's Party at Caesars Palace Las Vegas in March 2027. Benefits begin February 1, 2027.

300,000 credits does not get you in. Olympus is invitation-only. Caesars' own FAQ says reaching 300,000 “is the first step” and that it “does not guarantee membership”, with Founding Members notified in January 2027. Caesars has not said how it chooses. If the choice weighs how much a player is expected to lose rather than the credit count, the cheap routes on this page are the ones least likely to be invited. That's a guess, and Caesars hasn't confirmed it either way. Price the tier knowing the invitation can still be refused.

Put the 40% in numbers. On reel slots Caesars pays 1 Reward Credit per $5, and 200 Reward Credits buy $1 of free play, so the base slot rebate is 0.10% in free play (0.20% if you spend the credits on food and rooms at 100 to $1). Forty percent faster makes that 0.14% to 0.28% of coin-in. Video poker earns at half that rate, so the $1 million video poker plan above would earn $700 to $1,400 a year extra. It helps, but it doesn't make the tier pay for itself.

The swing is bigger than the price

$4,600 is the average. Nine-six Jacks or Better has a variance of about 19.5 per hand (Shackleford), so $1,000,000 of coin-in at $25 a hand is 40,000 hands with a standard deviation of about $22,000. About one player in three running that plan finishes more than $22,000 away from the average, up or down. The low price only holds if you can afford that swing. The calculator shows it for your bet. Nobody publishes a variance for reel slots, so it's left out there.

Rules that decide the plan

The same arithmetic for every other Caesars tier, plus Station, Venetian and Resorts World, is in the tier price calculator. Diamond, Diamond Plus and Diamond Elite are priced the same four ways on the Caesars Diamond page.

Sources: Caesars Rewards Olympus page and FAQ (caesars.com/myrewards/olympus), read 2026-10-09; Caesars Rewards Earn and Redeem (caesars.com/myrewards/earn-and-redeem), read 2026-10-09, for the earn rates, tier bands, daily bonus chart and its restrictions, and the 200 Reward Credits = $1 free-play rate; the $1.5 million figure as reported by gambling.com (2026-08-25) from the Las Vegas Review-Journal. 0.46% house edge and 19.51 variance for 9/6 Jacks or Better with optimal play: Wizard of Odds (Shackleford). 8% is the reel-slot hold the comps guide uses; real holds vary by machine and denomination. The 600-an-hour pace is an estimate, not a published number, so time your own. Strategy and education only. Expected loss is an average; nothing here guarantees a result.