Buying Match Play Chips.....
February 16th, 2013 at 2:23:56 PM
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I have an opportunity to buy table games match play chips...Denoms are $5, 10 and 25....I can buy them for half face value...is this a good buy? If not why and what price is positive>?
TY ALL
TY ALL
February 16th, 2013 at 2:28:42 PM
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As a rule, match play coupons/chips are worth slightly less than half of face value.
Say you put a $100 match play on the don't pass at craps. It's got a slightly less than 50% chance to win, and when it wins you collect an extra $100. So it's worth about $49.
So, it's a good deal for the person selling them, but you wouldn't have any motivation to buy at that price unless you're looking to do a favor. Try asking for 40 pct of the face value.
Say you put a $100 match play on the don't pass at craps. It's got a slightly less than 50% chance to win, and when it wins you collect an extra $100. So it's worth about $49.
So, it's a good deal for the person selling them, but you wouldn't have any motivation to buy at that price unless you're looking to do a favor. Try asking for 40 pct of the face value.
February 16th, 2013 at 2:51:35 PM
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Wiz's Explanation
My opinion: If it's a friend, 45 cents to the dollar. Otherwise, 40 cents. Play baccarat.
Of course, if they aren't restricted to even money bets then everything changes.
My opinion: If it's a friend, 45 cents to the dollar. Otherwise, 40 cents. Play baccarat.
Of course, if they aren't restricted to even money bets then everything changes.
Its - Possessive; It's - "It is" / "It has"; There - Location; Their - Possessive; They're - "They are"
February 16th, 2013 at 4:37:12 PM
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Quote: ahiromu
Nice page. Wiz, why not add PG tiles? I use all my matchplay/free bet on PG tiles nowadays!
Also, I wonder if the value of the match play would be worth more, assuming you were already going to make the required matching bet whether you had the coupon or not. I guess in this case it would be the same as promotional/freeplay.
