billryan
billryan
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July 4th, 2020 at 3:39:20 PM permalink
Reports 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.
rsactuary
rsactuary
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tringlomane
July 4th, 2020 at 3:50:18 PM permalink
WinStar is printing out vouchers for coin amounts. You have to take them to the cashier to get actual coins.
tringlomane
tringlomane
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July 4th, 2020 at 3:58:41 PM permalink
Do you know which casinos are doing this? Ive only heard those printing separate vouchers for the change.
DRich
DRich
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July 4th, 2020 at 4:31:37 PM permalink
Quote: tringlomane

Do 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.
Living longer does not always infer +EV
billryan
billryan
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July 4th, 2020 at 6:48:32 PM permalink
It is being discussed on vp.com.
AlanMendelson
AlanMendelson
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July 4th, 2020 at 9:25:10 PM permalink
Quote: billryan

Reports 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?
billryan
billryan
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July 4th, 2020 at 9:33:31 PM permalink
Math.
You are inserting $5, not losing $5.
sabre
sabre
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July 4th, 2020 at 9:37:10 PM permalink
Quote: AlanMendelson

How do losing $5 bets pay $5?



They don't. But that's not relevant to this discussion.
darkoz
darkoz
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AlanMendelson
July 4th, 2020 at 11:20:41 PM permalink
Quote: AlanMendelson

How 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
For Whom the bus tolls; The bus tolls for thee
FleaStiff
FleaStiff
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July 5th, 2020 at 4:33:58 AM permalink
Pennies, steamrollers and being "cheap" in attitudes. !!!!!!!!!!!

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