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Buying Casino Chips?
| August 3rd, 2011 at 2:54:20 PM permalink | |
| MathExtremist Member since: Aug 31, 2010 Threads: 46 Posts: 2518 | The only reason casinos might be uptight is that the $1 chips cost more than $1. If you want to collect $5 chips I'm sure they'll be happy to sell you as many as you want. I believe the Rio used to be fond of doing $5 commemorative chips. "In my own case, when it seemed to me after a long illness that death was close at hand, I found no little solace in playing constantly at dice."
-- Girolamo Cardano, 1563 |
| August 3rd, 2011 at 4:25:43 PM permalink | |
| NicksGamingStuff Member since: Feb 2, 2010 Threads: 43 Posts: 631 | I doubt they cost more than $1 each, the casinos buy them in such high bulk they are probably a quarter each or less. |
| August 3rd, 2011 at 4:43:13 PM permalink | |
| AZDuffman Member since: Nov 2, 2009 Threads: 153 Posts: 2911 |
Could be worse, last time in WV someone BOUGHT IN TO PLAY for $4. I thought I was seeing things. But they started playing. "The Roman Empire wasn't planned, but neither did it 'just happen.'" |
| August 3rd, 2011 at 4:52:23 PM permalink | |
| rdw4potus Member since: Mar 11, 2010 Threads: 57 Posts: 1975 |
My collection of $5 chips includes commemorative chips from the Mirage, Palms, Flamingo, and LV Hilton because I couldn't find non-commemorative chips through the course of normal play. I'm not sure if hooters has non-calendar girl chips, but if they do then my Hooters chip is also commemorative. "So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett |
| August 3rd, 2011 at 5:05:40 PM permalink | |
| MathExtremist Member since: Aug 31, 2010 Threads: 46 Posts: 2518 | I just asked a GM friend of mine -- 4 years ago the price was $0.65 at casino volume, and he thinks $1/chip is probably a good ballpark today. Obviously the price goes way up when you start doing RFID but that's not on $1 chips. "In my own case, when it seemed to me after a long illness that death was close at hand, I found no little solace in playing constantly at dice."
-- Girolamo Cardano, 1563 |
| August 3rd, 2011 at 5:23:51 PM permalink | |
| AZDuffman Member since: Nov 2, 2009 Threads: 153 Posts: 2911 |
I'd have to think if it the price went much over $1 they would simply use coins. Some of the low-limt joints I have been in already use JFK Halves for odd payouts in low limit games. Why not? US Mint wants them in circulation anyways. "The Roman Empire wasn't planned, but neither did it 'just happen.'" |
| August 3rd, 2011 at 5:50:57 PM permalink | |
| MathExtremist Member since: Aug 31, 2010 Threads: 46 Posts: 2518 | Sure, but $1 US coins are nowhere close to the size of a casino chip. That'd screw up dealer procedure just about everywhere -- imagine trying to pay off a winning $5 + $10 odds pass line point of 6 with chips of different sizes. I wonder if the U.S. Mint could be persuaded to do a run of $1 coins with the same shape and weight as $1 casino chips... "In my own case, when it seemed to me after a long illness that death was close at hand, I found no little solace in playing constantly at dice."
-- Girolamo Cardano, 1563 |
| August 3rd, 2011 at 7:34:02 PM permalink | |
| rdw4potus Member since: Mar 11, 2010 Threads: 57 Posts: 1975 |
The Eisenhower dollar has a 38mm diameter, and most casino chips are around 39mm. So that could work. Do you think the casts are still around somewhere? "So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett |
| August 3rd, 2011 at 9:22:08 PM permalink | |
| MathExtremist Member since: Aug 31, 2010 Threads: 46 Posts: 2518 |
The problem is less the diameter and more the thickness. The Eisenhower dollar coin is, according to Wikipedia, 2.58mm thick while a casino chip is roughly 3.2mm thick. "In my own case, when it seemed to me after a long illness that death was close at hand, I found no little solace in playing constantly at dice."
-- Girolamo Cardano, 1563 |
| August 4th, 2011 at 12:56:52 PM permalink | |
| ThatDonGuy Member since: Jun 22, 2011 Threads: 6 Posts: 232 |
I remember in the mid-1980s that all of the casinos in Reno each had their own $1 "coins" ("in theory," they could not be used in each other's casinos, but in practice, they were all the same size, and nobody seemed to mind) - did they do this in Vegas as well? As for the original question (and for a minute, I thought I was the only one here who collected denominations higher than $1), I answered this in another thread (something about somebody wanting to "buy in" at the cage and being told they had to go to a table to do it); if you are looking for just one chip, go to a cashier. (Among other things, you aren't pressured into having to actually play just to get a souvenir chip, and you're not bothering a dealer.) About half the time, the cashier asked me, "Why do you want one chip?"; I assume it's because if you are looking for a souvenir, either they will look for a "clean" one or they will force one of their "commemorative" chips on you (one casino - I can't remember which one off-hand - would not sell me a "regular" chip for some reason). (Note that some casinos share - the last time I was in Vegas, Encore used Wynn, Slots-O-Fun had just started using Circus Circus, and I can't remember if Palazzo were different from Venetian or not.) |
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