Handpay check-cash plan
Posted: Fri May 01, 2015 12:07 pm
Someone sitting at the next machine in Laughlin recently asked me about my handpay check and cash percentages. My system evolved over a period of time in response to my admitted lack of discipline in casinos.
I play almost exclusively high limits, so there are always multiple handpays per session, and some visits result in quite a few handpays.
If the handpay is under $1500 I take all cash and "reinvest" it in attempting to win larger handpays.
$1501 to $2000 I take 75% in check and 25% in cash.
$2001 and up --- depending on where I am in my session I take approximately 80% in check and the rest in cash. However, if it is early in the session I might take slightly more in cash. Later in the session I might take slightly more in check. If it is a session-ending handpay, (walk-off home run) then of course I take it all in check.
I have found that having a system such as this in place where the perimeters are already established increases the forced discipline of not giving my handpays back to the casino. And, of course, cardinal rule #1 is that I never, never, never cash one of my casino checks back to the casino, even if I run totally out of cash.
The period of time between when the jackpot is hit and the attendant arrives is my time to stop and catch my breath, review the system, consider my cash position, and then be prepared to tell the attendant on the spot exactly what my breakdown will be.
Do other players have a similar discipline-enforcing cash-check system???
I play almost exclusively high limits, so there are always multiple handpays per session, and some visits result in quite a few handpays.
If the handpay is under $1500 I take all cash and "reinvest" it in attempting to win larger handpays.
$1501 to $2000 I take 75% in check and 25% in cash.
$2001 and up --- depending on where I am in my session I take approximately 80% in check and the rest in cash. However, if it is early in the session I might take slightly more in cash. Later in the session I might take slightly more in check. If it is a session-ending handpay, (walk-off home run) then of course I take it all in check.
I have found that having a system such as this in place where the perimeters are already established increases the forced discipline of not giving my handpays back to the casino. And, of course, cardinal rule #1 is that I never, never, never cash one of my casino checks back to the casino, even if I run totally out of cash.
The period of time between when the jackpot is hit and the attendant arrives is my time to stop and catch my breath, review the system, consider my cash position, and then be prepared to tell the attendant on the spot exactly what my breakdown will be.
Do other players have a similar discipline-enforcing cash-check system???