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Inserting Thousands of Dollars into a Machine

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November 8th, 2011 at 12:52:53 PM permalink
bigfoot66
Member since: Feb 5, 2010
Threads: 10
Posts: 248
In his article today , Bob Dancer talks about a friend who lost $12 grand in 8 hours on VP machine. Is there a way to get thousands of dollars into the machines without just pushing in one note after another? I have seen $500 slot machines before, I can't imagine that the kind of person willing to bet that much would put 5, 10, or 15 bills into the acceptor for each pull of the handle. Can they load the machine up with credits electronically as they accept a marker? Does a $25+ VP player like Dancer really put all those bills into the machine every time they want to play?
Ron Paul 2012!
November 8th, 2011 at 1:03:44 PM permalink
tsmith
Member since: Jan 15, 2010
Threads: 11
Posts: 95
What I find to be the most amazing thing in that article is this: "He played on the 25¢/50¢/$1 Fifty Play machine. He didn't play all fifty lines. Even at the 25¢ denomination that would cost $62.50 per play and that was WAY outside of his comfort zone."

Here's a guy who has 20 grand of disposable income to use for one day's worth of gambling and $62.50 per play is "WAY outside his comfort zone"?? Gimme a bleepin' break.

Better yet, gimme the 20 grand. I would go for $62.50 a pull without blinking an eye.
November 8th, 2011 at 1:04:21 PM permalink
teddys
Member since: Nov 14, 2009
Threads: 100
Posts: 2718
Yes, they can load up the machines for credit play with a marker. For this type of play ($25 a throw in quarters), it wouldn't be hard to just insert $500 or so at a time. Bet he felt sick feeding in all those hundreds, though :(

I think he was making a calculated risk based on his bankroll. At $62.50 a play, he has a very high chance of going bust. He is in it for the long run (to collect cashback), so he has to choose an amount that will allow him to last long enough to collect.
"If you can make one heap of all your winnings / And risk it on one turn of pitch-and-toss / And lose, and start again at your beginnings / And never breathe a word about your loss..." -Rudyard Kipling
November 8th, 2011 at 1:07:32 PM permalink
bigfoot66
Member since: Feb 5, 2010
Threads: 10
Posts: 248
I know right? how sick would you be if you had a wad of $12000 in your pocket and went home empty handed after making an advantage play. But I guess that it happens all the time for guys like this.
Ron Paul 2012!
November 8th, 2011 at 1:11:02 PM permalink
boymimbo
Member since: Nov 12, 2009
Threads: 12
Posts: 2533
It would be fairly simply to load up 120 $100 bills over 8 hours and go nuts at $62.50 a pop.

I've lost $300 in about an 90 minutes on a .50 DDB at $2.50 a pop. It's not difficult. You wait for the 4 of a kind that never comes.
----- You want the truth! You can't handle the truth!
November 8th, 2011 at 1:20:48 PM permalink
CrystalMath
Member since: May 10, 2011
Threads: 3
Posts: 474
There are provisions in the Slot Accounting System (SAS) protocol that permit electronic transfer to a game, but I've never seen that in action. I've also heard of people purchasing tickets at the cage so they can insert a large amount of money at one time.
I heart Crystal Math.
November 8th, 2011 at 1:34:24 PM permalink
DJTeddyBear
Member since: Nov 2, 2009
Threads: 105
Posts: 5691
I would have assumed that you go to the cage with cash or get a marker, and they give you a TITO ticket for your large amount.

Very simple.
Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood?
November 8th, 2011 at 1:34:28 PM permalink
Switch
Member since: Apr 29, 2010
Threads: 5
Posts: 400
I know someone who has a marker and just gets twenty $10,000 cashout tickets at the cage and then uses them to play the machines.
November 8th, 2011 at 2:33:52 PM permalink
bigfoot66
Member since: Feb 5, 2010
Threads: 10
Posts: 248
Quote: Switch
I know someone who has a marker and just gets twenty $10,000 cashout tickets at the cage and then uses them to play the machines.


Makes sense. Don't lose that ticket! BTW, what game would you need to buy in for $200,000? $100 VP?
Ron Paul 2012!
November 8th, 2011 at 2:44:49 PM permalink
teddys
Member since: Nov 14, 2009
Threads: 100
Posts: 2718
Quote: bigfoot66
Don't lose that ticket!
Good advice! I wonder how much of a negotiable instrument slot tickets are. Somebody posted here about getting their ticket reprinted when they were lost or stolen. I suppose it depends on the graces of the casino. I don't think civil law would protect the parties.
"If you can make one heap of all your winnings / And risk it on one turn of pitch-and-toss / And lose, and start again at your beginnings / And never breathe a word about your loss..." -Rudyard Kipling
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Bovada is the only Internet casino endorsed by the Wizard.
Here are my reasons why and my promise of support.