100xOdds
100xOdds
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March 14th, 2024 at 9:35:42 AM permalink
Casino Cozumel aka Jackpot casino


Opens 10am


You must use a card to play. Requires ID. No signup bonus that i know of


I loaded 1k pesos. There's a 7.5% load fee :(


This is located across the street from the International pier, which is about 3 miles south of the Starbucks/downtown pier. ($10 taxi ride between piers.)

It's newly renovated. Bright and Clean. They also have 3 table games in the back:
00 roulette and 2 BJ tables (3:2, dont know other rules)

I had pesos since i've been to Mexico before and didn't convert back to USD because i knew i was coming back.
Don't know the exchange rate they use if using USD to load.

Official rate as of today is $1 = 16.7 pesos, which is low. it used to be $1 = 20 pesos a year ago when i got my pesos from ATM. (My online only bank uses official exchange rate no markup and reimburses withdraw fees.)
I thought about exchanging it back to USD today since i gain +3 pesos per USD. So +$10 USD per 1000 peso exchanged. nah.

Don't know if there's a fee to cash out. I'm coming back soon and just left the $ there.
One of the fruit games Must Hit $250 is at $238. 238 peso = $14 ... lol.
It's 2 pesos per spin ($0.12 usd)
Last edited by: 100xOdds on Mar 14, 2024
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
SOOPOO
SOOPOO
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March 14th, 2024 at 10:00:47 AM permalink
I am interpreting this correctly you MUST pay 7.5% to play?

Not my gambling destination. I did walk down the length of the island on a cruise day stop.
100xOdds
100xOdds
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March 14th, 2024 at 10:29:10 AM permalink
Quote: SOOPOO

I am interpreting this correctly you MUST pay 7.5% to play?

Not my gambling destination. I did walk down the length of the island on a cruise day stop.
link to original post

yes, it's a mexico thing.
see my other threads about mexico casinos on the west coast. (Cozumel is on the east coast)

I think there are 3 types of fees depending on the laws of the Province the casino is in:
1) Load fees
2) Tax on the profit when cashing out
3) Both load fee and tax on the profit

In one of these casinos, the sign says the $ for both types goes directly to the Province
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
basket2024
basket2024
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Joined: Mar 14, 2024
March 14th, 2024 at 11:24:34 AM permalink
visited this casino back in 2018, during a cruise stop in Cozumel.
I wanted to play blackjack.
I had USD on hand: I have to change USD in pesos, playing in pesos. Luckly I won a bit (the equivalent of 30-40 USD, no more) then I had to change pesos back in USD... here came the nightmare: it took about half an hour to have my USD, then the girl at the cage was trying to short-change.
Such a stressful experience
This was my second awuful experience with mexican casinos: the same was in Tijuana (Caliente casino next to border). Play in USD, but you have to charge usd on a card, then there is a tax when cashing chips out.

Avoid them, if possible
Nathan
Nathan 
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March 14th, 2024 at 11:36:58 AM permalink
Quote: basket2024

visited this casino back in 2018, during a cruise stop in Cozumel.
I wanted to play blackjack.
I had USD on hand: I have to change USD in pesos, playing in pesos. Luckly I won a bit (the equivalent of 30-40 USD, no more) then I had to change pesos back in USD... here came the nightmare: it took about half an hour to have my USD, then the girl at the cage was trying to short-change.
Such a stressful experience
This was my second awuful experience with mexican casinos: the same was in Tijuana (Caliente casino next to border). Play in USD, but you have to charge usd on a card, then there is a tax when cashing chips out.

Avoid them, if possible
link to original post



I went to Cozumel in 2014 on a cruise with my family and at a gift shop at one of the ports, a souvenir shop was trying to price gouge one of our Aunts.... My Aunt politely told them off in Spanish, LMAO! 🤣 and the souvenir gave the RIGHT prices. Go Aunt who can price negotiate in Spanish! 🤣🤭
In both The Hunger Games and in gambling, may the odds be ever in your favor. :D "Man Babes" #AxelFabulous "Olive oil is processed but it only has one ingredient, olive oil."-Even Bob, March 27/28th. :D The 2 year war is over! Woo-hoo! :D I sometimes speak in metaphors. ;) Remember this. ;) Crack the code. :D 8.9.13.25.14.1.13.5.9.19.14.1.20.8.1.14! :D "For about the 4096th time, let me offer a radical idea to those of you who don't like Nathan -- block her and don't visit Nathan's Corner. What is so complicated about it?" Wizard, August 21st. :D
ams288
ams288
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March 14th, 2024 at 1:41:32 PM permalink
I loooove going to Cozumel on cruises, but I’d never want to gamble there.

I go there to drink and stuff my face on the beach.

Ding Dong the Witch is Dead
100xOdds
100xOdds
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Joined: Feb 5, 2012
April 25th, 2024 at 11:56:46 AM permalink
Quote: 100xOdds

I loaded 1k pesos. There's a 7.5% load fee :(


I thought about exchanging it back to USD today since i gain +3 pesos per USD. So +$10 USD per 1000 peso exchanged. nah.

Don't know if there's a fee to cash out. I'm coming back soon and just left the $ there.
One of the fruit games Must Hit $250 is at $238. 238 peso = $14 ... lol.
It's 2 pesos per spin ($0.12 usd)
link to original post


And I was taxed on the whole amount when I cashed out! Wtf?!?


The top one is federal tax: 1%
Bottom is state tax: 6%

I think it's supposed to be on the profit you made. (I made 75 pesos, which brought me back to my original starting amount.)
But it's been a few weeks since I was first there so maybe they don't keep the data for that long?

Interestingly enough, the cashier gave me 960 pesos instead of the 930 listed on the receipt.
No idea what that was about?
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
100xOdds
100xOdds
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Joined: Feb 5, 2012
April 25th, 2024 at 12:05:23 PM permalink
Hrs have changed a little:
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
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