odiousgambit
odiousgambit
Joined: Nov 9, 2009
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August 14th, 2021 at 10:38:28 AM permalink
Quote: odiousgambit

... If you only lost $3k converting $13,900 of those chips you did very, very well. Maybe you didn't convert all the chips yet. So instead of telling us you lost $3k, what did you lose compared to expectations?

Are you unable to answer this question?
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!” She is, after all, stone deaf. ... Arnold Snyder
ChumpChange
ChumpChange
Joined: Jun 15, 2018
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August 14th, 2021 at 10:45:28 AM permalink
Quote: phxsun2001


I won the $100,000 craps tournament a few days ago at Planet Hollywood in Vegas. All six of us chopped $90,000. Each gets about $14,000. They gave us 50% $100 chips and 50%$ 500 chips.



So they gave you 25 $500 chips totaling $12,500, and 25 $100 chips totaling $2,500? Looks like they want a $500 minimum bet out of you.
I'd probably bet $200 minimum and run a progression on a series of wins (like the come-out 7-11) and use a $500 chip whenever the progression got to $500+. I'd have to reuse won chips that aren't p-chips while waiting for my progressions to materialize.
phxsun2001
phxsun2001
Joined: Jan 24, 2015
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Thanks for this post from:
odiousgambit
August 14th, 2021 at 10:54:23 AM permalink
Thanks for sending the link on how to exchange Promotional chips. Now I know what kind of chips I received.

They are are special Non-Negotiable (NN) Chips that I received. When you bet $100 chip and win, they give you a regular casino $100 chip and don't remove your NN-chip. They only remove you original NN chip when you loose your hand.
I just had a bad run playing BJ. I am a card counter playing the 2 deck game. Normally I would breakeven.

All six of us at the final table got together before the final tournament and had a verbal agreement to chop. We then play the best we could (with much less pressure) and finish the tournament. We all received the paperwork and went the the cashier together to get our chips. We verifyed the chips from each player based on the ranking and then chopped.

We received 50% 100 chips and 50% $500 chips. They would not give us more $100 chips. We can also requests coupons to play slot or vedio poker machines. One player wanted coupons.

We were told that there will be another craps tournament in November at Planet Hollywood.
See you at the table.
phxsun2001
phxsun2001
Joined: Jan 24, 2015
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Thanks for this post from:
odiousgambit
August 14th, 2021 at 11:02:47 AM permalink
They are are special Non-Negotiable (NN) Chips that I received, not Promotional chips. My bad. When you bet $100 chip and win, they give you a regular casino $100 chip and don't remove your NN-chip. They only remove you original NN chip when you loose your hand.
I just had a bad run playing BJ. I am a card counter playing the 2 deck game. Normally I would breakeven.
phxsun2001
phxsun2001
Joined: Jan 24, 2015
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August 14th, 2021 at 11:44:18 AM permalink
This is my plan to cash out the NN chips from now on, if we win again. They don't allow my wife to play the Bank while I bet the Player using NN chips. So I can have her play the opposite using CASH at Baccrate or crap table (Pass/Don't pass). They can't say anything because she is using cash.
It would be real obvious we are cashing NN chips, if I am betting $1,000 with cash while she is betting a $1,000 NN chip.
Early this year when my wife won tanother tournament, she received about ten -$1,000 chips + twenty - $500 chips and the rest $100 chips. Total about $36,000 from a 3-way chop at the final table.
My hands were shaking playing the $1,000 chips. We broke even cashing the NN chips. We were lucky.

It is not easy to get invited to these "Invitation Only " tournaments. You have to established that you are a player and show that you are gambling during the 2 to 3 days of tournament; otherwise, you don't get invited again. I usually play about 1,000 to 1,500 tier credit during the tournament at video poker nachines that returns over 96%. Jack or better 5-9 machines.
ChumpChange
ChumpChange
Joined: Jun 15, 2018
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August 14th, 2021 at 11:51:07 AM permalink
That wouldn't change my mind about using my $200+ progression that can go up to $2,000.
phxsun2001
phxsun2001
Joined: Jan 24, 2015
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October 12th, 2021 at 12:47:00 PM permalink
That's a good start. Your strategy depends on how many players advance to the next round and if you are ahead or behind the chip leaders. If there are only twenty throws, you may have to make a move at the 15 throw. You want to be the chip leader or buzzed out heading to the final throw. Keep track of the chips of the chip lead and the chasers. You need to know roughly where you stand before making a major move at the 15 throw. How to bet depends on how far back you are, if you are chasing the chip leader.
I won the $100,000 crap tournament at the Planet Hollywood three months ago.
AxelWolf
AxelWolf
Joined: Oct 10, 2012
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October 13th, 2021 at 1:03:06 PM permalink
If you play video poker anyways why wouldn't you just take the free play instead of the chips?
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪

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