Thanks for your help. The reason why I did not want to bid more than $185 (plus tax and what not) was that that there is a risk that we may end up at the Wynn. I know that this is an excellent hotel, but you can get that for less than $200 + tax. So I did not want to overpay for the Wynn. This in mind, it boiles down to being willing to pay $50+tax and be sure to stay at the Venetian or to gamble and perhaps overpay for a stay at the Wynn. And given the situation that the Venetian regular price for the is around $600, $236 is more than a 60% discount!