"Borrowing" casino chips

[Chipr777]

In the large quanities the casinos purchase chips still cost around 90 cents each.

[Degen]

really? wow

you can get personalized clay ones for ten to twenty cents each in bulk, i just assumed it was the same

[tylerdurden]

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you can get personalized clay ones for ten to twenty cents each in bulk, i just assumed it was the same

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Casino chips generally have a custom mold ($$$$), higher-quality (i.e. REAL) clay, labels with artwork, etc etc.

[PITTM]

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you're not "borrowing" chips.. .you buy them with your money. They are yours.

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[Al_Capone_Junior]

Since the casino paid considerably less than $1 a piece for those chips, I don't think they are going to break your kneecaps on the way out. They might thank you tho for your generous donation to the casino.

al

[Luv2DriveTT]

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Since the casino paid considerably less than $1 a piece for those chips, I don't think they are going to break your kneecaps on the way out. They might thank you tho for your generous donation to the casino.

al

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Al:

Does LVCC force the casinos to leave money in escrow to match the chips the casino keeps in stock? When the casino's weekly/daily/monthly chip accounting comes short, can the casino use the resulting funds, or are they forced by LVCC to keep the money in a separate account?

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[toots]

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really? wow

you can get personalized clay ones for ten to twenty cents each in bulk, i just assumed it was the same

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Speaking as someone who plays poker as much to get to play with casino quality chips as anything else:

There's a huge gulf of difference in materials, quality, security features, customization and manufacturing process between anything you can get for $.20 each and what they use in most casinos.

Although, some of the ceramics (Chipco, BG) and injection molded (Bud Jones) casino chips really make me question whether they're getting their money's worth.

But, for real "clay" (quoted, since it isn't really clay, either), such as Paulson, ASM, TR King or even Blue Chip, the differences are considerable.

And, it's such a niche market that there really isn't a ton of pressure for organizations that sell primarily to casinos to reduce their prices.

Still, I find real "clay" chips to be in an entirely different league than virtually anything that you can get for $.20 each.

[sfer]

I'm curious about this too.

[Al_Capone_Junior]

Casinos are required to keep money on hand to cover their chips in play. However, I don't know the exact accounting practices regarding the counts, and how the money must be used, etc (that's not my area of expertise).

al

[Luv2DriveTT]

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Casinos are required to keep money on hand to cover their chips in play. However, I don't know the exact accounting practices regarding the counts, and how the money must be used, etc (that's not my area of expertise).

al

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Can you do some research with your friends in management? I've been wondering this for a long time. Hence why the Wynn included RFDI in their chips.

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