Rinse and repeat.
Cash a ticket for $4.25 and they pay out $5. If you wander around the casino with a handful of $5, you can literally get a free spin on any three coin reel machine. Suppose you showed up with 200 $5 bills, and play two hundred machines once. The tickets for hands you lost will pay you $5, and winning tix will pay whatever you won. The only problem is cashing out two hundred tickets, one at a time.
I imagine the casino would kick you out when they catch you, but it would take some time.
I can't imagine this is illegal in any way, nor is it particularly profitable but I can see some people doing it.
Quote: tringlomaneDo you know which casinos are doing this? Ive only heard those printing separate vouchers for the change.
Many casinos are eliminating change from the kiosks as it is expensive and time consuming to fill them. They print a second voucher for the change that you need to take to the cashier. My guess is many people don't bother and it gives extra profit to the casino and the state.
Quote: billryanReports are some casinos are experiencing a drastic shortage of coins. Some ticket machines are rounding up to the nearest dollar.
Cash a ticket for $4.25 and they pay out $5. If you wander around the casino with a handful of $5, you can literally get a free spin on any three coin reel machine. Suppose you showed up with 200 $5 bills, and play two hundred machines once. The tickets for hands you lost will pay you $5, and winning tix will pay whatever you won. The only problem is cashing out two hundred tickets, one at a time.
I imagine the casino would kick you out when they catch you, but it would take some time.
I can't imagine this is illegal in any way, nor is it particularly profitable but I can see some people doing it.
How do losing $5 bets pay $5?
You are inserting $5, not losing $5.
Quote: AlanMendelsonHow do losing $5 bets pay $5?
They don't. But that's not relevant to this discussion.
Quote: AlanMendelsonHow do losing $5 bets pay $5?
Put $5 in slot.
Make 75 cents wager.
If lose, cash out and go to redemption with $4.25 voucher which gives back $5 to avoid silver return.
Rinse repeat
Quote: tringlomaneDo you know which casinos are doing this? Ive only heard those printing separate vouchers for the change.
https://www.pennlive.com/business/2020/07/giant-supermarkets-limit-cash-transactions-citing-national-coin-shortage.html
Local Walmart debit machine requires you to insert card and key in PIN and account type when they could upgrade to tap and go reducing the touching of keypads by everybody
In the UK many purchases are now Tap and Go/Contactless, the limit was raised from £30 to £45, and I think people are getting used to it. In Sweden the cashless society is even more advanced.Quote: coilmanMany businesses here in my area are only taking...cards .... Walmart ...could upgrade to tap and go reducing the touching of keypads by everybody
Some chains of casinos here use a membership card to pay out your fruit machine winnings (there is the issue that if you're not aware of that when you put in your money and then want to cash out you have to go to the cash desk to get one!) I guess the advantage is you just use it like a debit card and can go to the cash desk to cash-out or keep the bal;ance for your next visit.
Quote: charliepatrick<snip>Some chains of casinos here use a membership card to pay out your fruit machine winnings (there is the issue that if you're not aware of that when you put in your money and then want to cash out you have to go to the cash desk to get one!) I guess the advantage is you just use it like a debit card and can go to the cash desk to cash-out or keep the bal;ance for your next visit.
charliepatrick,
I've seen this on some cruise ships in the last decade or so: while you can put cash INTO the machines, the only way to cash OUT is by using your cruise card. The balance on the card can be used in another machine, or cashed out at the cashier.
Dog Hand
