Poll

1 vote (20%)
No votes (0%)
4 votes (80%)

5 members have voted

Vegasrider
Vegasrider
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March 23rd, 2022 at 2:07:11 PM permalink
I can only play $500 in promo chips per day. Promo chips can only be used on even money bets in the pit or you can use them in Bingo which is great value because you can play the entire sessions and max out the number of cards you can load in the computer.

I elect to use these one time bets on the Field in craps because this casino allows you to use them on the field bet and you get paid double if it lands on 2 and triple if it lands on 12. Otherwise it just pays even money on the rest of the numbers and if you win, you get paid in real chips but they take away the promo chip. Other than BJ, these are the only plays that you could make more than even money. In my opinion, if you can win .50 on the dollar in promo chips, that’s good.

So what would you do? I created a poll.

In case you were wondering, I receive $150 in promo chips each week and can turn in my earned comp dollars into promo chips too so it takes about 2 weeks to get $500 in promo chips.
charliepatrick
charliepatrick
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March 23rd, 2022 at 2:14:24 PM permalink
The field at Craps is the better bet, this is because of each 36 rolls you get 14x1 (3 4 9 10 11) 1x2 (2) 1x3 (12) = $19 payout. The House Edge comes from the bet only winning 16 times and losing 20 times, but you're getting winnings better than 1/2 the value of the chip (if it was 2x it's exactly 1/2, so still best).

Good spot.
billryan
billryan 
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March 23rd, 2022 at 2:23:00 PM permalink
Offer them around. Somebody might be willing to buy them for 51 cents on the dollar., especially if it is an ongoing thing.
The older I get, the better I recall things that never happened
DJTeddyBear
DJTeddyBear
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March 23rd, 2022 at 3:07:30 PM permalink
Quote: billryan

Offer them around. Somebody might be willing to buy them for 51 cents on the dollar., especially if it is an ongoing thing.
link to original post

I think the average, math challenged ploppie would pay as much as 75¢ per $1.
But I also think the casino might not like you doing that.
I invented a few casino games. Info: http://www.DaveMillerGaming.com/ ————————————————————————————————————— Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
Ace2
Ace2
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March 23rd, 2022 at 3:26:18 PM permalink
Fair value 52.77777 cents per dollar
It’s all about making that GTA
ThatDonGuy
ThatDonGuy
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March 23rd, 2022 at 3:37:38 PM permalink
Personally, I would make 10 bets of 50.

It's up to you to decide if you would be happy with, say, 200, or even 100.

Normally, you make as few bets as possible, but that's only if you're trying to reach a certain target before losing your bankroll, since smaller bets means exposing more to the house edge. However, in your case, no matter what you do, you are only exposing the original 500.
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