gphs2004
• Posts: 2
Joined: Oct 23, 2013
October 23rd, 2013 at 7:43:49 PM permalink
Has anyone done in-depth analysis before on the best way to use gaming vouchers?

I'm playing in a tournament where the winnings range from \$100 to \$20,000 in gaming vouchers and you get to choose the denominations of your payout. What I'm wondering is:

1. Based on the criteria for using gaming vouchers (must be used on slots or table games for even money bets only, must place a cash wager along with table voucher, voucher only pays even money for wins and you get to keep and reuse it if you win but if you lose the bet then the voucher is no longer good and does not pay further), is there a best denomination percentage-wise to divide the payout (i.e. \$25 vouchers for \$100 total, \$500 vouchers for \$20,000 total, etc.) if I wanted to maximize their value on a Blackjack game of 6D, DS17, DAS, RSA?

2. If I were betting \$100 hands on this Blackjack game, would it be best to use smaller denomination vouchers over a longer period of time or larger denominations over a shorter period of time?

3. If I were counting cards, would it be best to use the vouchers when the count is positive at all or only when the true count reaches a certain value?

4. Are there other games that it would be best to use the vouchers on, such as Baccarat, slots, etc. based on house edge and EV?

5. What return can I expect for the vouchers for various games?

6. For games with decisions that require an additional wager (i.e. double down & splits for BJ), would it be best to use additional vouchers when placing those bets or only on the initial bet?

For example, if I played X hours of \$15/\$25/\$100 BJ with \$10/\$25/\$500 vouchers when the count is Y+, then I should expect to turn \$100/\$1,000/\$20,000 worth of vouchers into \$Z of cashable chips while minimizing the loss of my original cash wagers.

If someone has the ability to figure this out in a "Wizard of Odds" type article it would be awesome and extremely helpful! I figured I'm not the only one who has wondered if using gaming vouchers properly under ideal situations gives you an edge over the house that the casino either doesn't realize or care about. I figured a skilled player armed with knowledge and statistics regarding gaming vouchers could use them to walk away with a lot of money since, as far as casinos are concerned, vouchers are basically rewards or used to lure people for various reasons (invitationals, time-share presentations, etc.) and anyone who has them isn't a significant threat to the house.

Ibeatyouraces