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Living in Missouri - the last state with a loss limit, it looks like a good chance that will change with the election.
Just as an FYI to anyone hitting a casino there.
The casino's have big signs promoting a Yes vote and all the dealers are wearing "Vote YES" pins!
Proposition A on loss limit
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Eduardo
- Video Poker Master
- Posts: 2963
- Joined: Thu Aug 31, 2006 7:19 pm
What is loss limit? Maximum you can lose in a day or something?
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pokeherguy
- Senior Member
- Posts: 413
- Joined: Thu Feb 22, 2007 10:27 pm
I'm trying to remember how it works because I've been to Casino Aztar a couple of times and best I can recall they give you a card and get time you get chips or tokens they punch the card. Ha Ha just had a call this very second from a buddy who lives there. The way it works is $500 every 2 hours. It also works on a odd hour basis in other words if you get there at 8 PM you can lose $500 between 8PM-9PM then from 9PM-11PM another $500 and so on and so forth. You can still lose your house but it may take a little longer to do it. The place I have experience with in the state of Missouri is truly a sad little establishment. I have mentioned it before and believe that these type of neighborhood casinos should not exist. They are nothing more than a drain on the local economy. I see no advantage to having a casino in your backyard and if a vote ever came up for a local casino near my area I would be one of the most fierce opponents they could possibly see.
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ginxxxx
- Senior Member
- Posts: 266
- Joined: Thu Aug 31, 2006 4:30 pm
What is loss limit? Maximum you can lose in a day or something?Famous quote from Ronald Reagan "I'M FROM THE GOVERNMENT AND I'M HERE TO HELP YOU"
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joebic
- Forum Rookie
- Posts: 16
- Joined: Wed Sep 20, 2006 4:53 pm
You are correct about the $500 per two hour time limit which should change at election time although I'm curious as to which "neighborhood casino" you are referring to in Missouri.
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7come11
- Forum Regular
- Posts: 64
- Joined: Wed Jan 03, 2007 7:06 pm
I'll guess the "neighborhood casino" was the President. It's pretty run down. There are only 13 in the state.
Pokeherguy is correct, you are allowed to buy in for $500 every 2 hours. In St. Louis, it's the even hours, (8-10, 10-12) though may differ in other areas. What he also said is true and I've seen people do this. Get their at 5 minutes before the 2 hour timeframe and put in hundreds for tickets.
You can spend $10,000 in tickets if you want - it is just cash buy-in. Same thing with tables...a lot of people never cash in chips so if they go over $500 in 2 hours they may have thousands in chips to play with. I'm guilty of the later
Not sure of all places, but at Harrah's if you hit a jackpot, they offer to give you your winnings in a ticket.
On VP, if I lose $300 in an hour - I figure it's either time to leave or go to the tables.
As for the vote, they're promoting it on how it is going to benefit the schools...imagine that
Pokeherguy is correct, you are allowed to buy in for $500 every 2 hours. In St. Louis, it's the even hours, (8-10, 10-12) though may differ in other areas. What he also said is true and I've seen people do this. Get their at 5 minutes before the 2 hour timeframe and put in hundreds for tickets.
You can spend $10,000 in tickets if you want - it is just cash buy-in. Same thing with tables...a lot of people never cash in chips so if they go over $500 in 2 hours they may have thousands in chips to play with. I'm guilty of the later
Not sure of all places, but at Harrah's if you hit a jackpot, they offer to give you your winnings in a ticket.
On VP, if I lose $300 in an hour - I figure it's either time to leave or go to the tables.
As for the vote, they're promoting it on how it is going to benefit the schools...imagine that
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pokeherguy
- Senior Member
- Posts: 413
- Joined: Thu Feb 22, 2007 10:27 pm
I don't know what its called anymore, it was without a owner for a short period of time and was being run by the state from what I heard. They have been bought but I do not know what the new name is. I do remember the video poker machines they had were very old coin drop machines when I was there and they only had a few $1 denomination. I don't meen to talk bad about the place because they are not the only casino in my area that I feel this way about. I've been going to casinos for a long period of time now and have got to hand it to the big boys (Tunica) because they are very good at what they do. They all of course are there to make money but Tunica really does offer a good value for your gaming dollars, great entertainment, food and gaming.
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7come11
- Forum Regular
- Posts: 64
- Joined: Wed Jan 03, 2007 7:06 pm
Yep, you're talking about the President. FYI - Pinnacle bought them about the same time they opened the Lumiere in downtown. Good business move, they needed some experienced employees. While the President is small and doesn't have a lot of employees (in comparison to Harrah's, etc), Pinnacle really needed them.
I kind of liked it once in a while if I want to play craps since they gave 100x odds. Now they're 10x which is standard for the area, but if you go across the river to Illinois, the Casino Queen only allows 2x odds (worse than the Vegas strip). That's pathetic and you won't find many knowledgable craps players there.
The President did have very few VP machines like you said, only 4 $1 machines but they did get rid of the coin machines but replaced them with slots.
I kind of liked it once in a while if I want to play craps since they gave 100x odds. Now they're 10x which is standard for the area, but if you go across the river to Illinois, the Casino Queen only allows 2x odds (worse than the Vegas strip). That's pathetic and you won't find many knowledgable craps players there.
The President did have very few VP machines like you said, only 4 $1 machines but they did get rid of the coin machines but replaced them with slots.
