billybabe
billybabe
Joined: Jun 2, 2012
  • Threads: 3
  • Posts: 7
February 16th, 2013 at 2:23:56 PM permalink
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
sodawater
sodawater
Joined: May 14, 2012
  • Threads: 62
  • Posts: 3263
February 16th, 2013 at 2:28:42 PM permalink
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.
ahiromu
ahiromu
Joined: Jan 15, 2010
  • Threads: 112
  • Posts: 2101
February 16th, 2013 at 2:51:35 PM permalink
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.
Its - Possessive; It's - "It is" / "It has"; There - Location; Their - Possessive; They're - "They are"
sodawater
sodawater
Joined: May 14, 2012
  • Threads: 62
  • Posts: 3263
February 16th, 2013 at 4:37:12 PM permalink
Quote: ahiromu

Wiz's Explanation



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.

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