National coin shortage affecting Casinos

The lighter side... playing for entertainment, less concerned about "the math."
olds442jetaway
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Re: National coin shortage affecting Casinos

Post by olds442jetaway »

Its similar except this is definitely lose lose for the casino till they fix it I will find out tomorrow if they have. Numerous people were already taking advantage Thurs and Fri. I think they will probably toss or even ban people making a business of it. One guy had the cash out machine tied up an hour and had maybe 100 small tickets in his hand cashing them out one at a time.

olds442jetaway
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Post by olds442jetaway »

Good article OTB thanks. I knew we lisr money on the pennies, but not the nickels. So if we mint 13 billion pennies a year. The cost is roughly 130,000,000 bucks.

BobDancer
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Post by BobDancer »

olds442jetaway wrote:
Fri Jul 03, 2020 11:14 pm
Any winnings are pocketed at the expense of the casino. His own risk is zero. They can’t possibly let thus go on very long.
Sure they can.

A few players are making 75 cents each time they do this --- and maybe they can do it 10-20 times an hour. It's a nice low-roller play, but this is small change to the casino. They wont lose much on it.

Notice that if you're observed doing it over and over again, many casinos will kick you out --- claiming you're taking advantage of them, or some such.

olds442jetaway
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Post by olds442jetaway »

I agree that the ticket cashing to make 75 cents is small change, but if somebody is determined to put up with the torture and has stacks of 5 dollar bills, they can literally play free forever. Cashing each one out when it gets down to 4.25 and if they hit something, they can cash out the profit without even playing it down to 4.25. I could be wrong, but I guess time if they change it and I’m sure they would ban or kick out the abusers.

Jstark
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Post by Jstark »

I wonder if Hollywood Toledo is running short on change. I just got this free play offer if you bring them your change.
20200708_221451.jpg

olds442jetaway
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Post by olds442jetaway »

Yep, a true shortage. By the way, they have started to suspend players at Mohegan Sun for playing to take advantage of the coin shortage.

olds442jetaway
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Post by olds442jetaway »

As of yesterday, they issue tickets for the change. Have to go to cage to cash

OTABILL
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Post by OTABILL »

olds442jetaway wrote:
Fri Jul 17, 2020 3:15 pm
As of yesterday, they issue tickets for the change. Have to go to cage to cash
They have been doing that here for a number of years. However, if you inserted 4 TITOs of let say, $85.25, $20.75, $60.50, and $30.75 you would get $197.00 in cash and a TITO for $.25. Wonder if that is what they are doing by you?

olds442jetaway
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Post by olds442jetaway »

Yep same. Foxwoods has been doing that for several years. I think the above situation I wrote about was just interim patchwork till they had the programing done. They started kicking out people a few days ago for abusing the system. Not banning them though.

billryan
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Post by billryan »

My local Burger King is offering a free Whopper if you exchange $20 in rolled coins.

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