Using debit cards at slot machines

I missed this, but about two weeks ago regulations in Nevada were approved to allow players to insert a pre-paid debit card and play on a slot machine.

For years regulators would not allow players to use ATM cards or traditional credit cards directly at machines. The theory was if a player got up from the machine to talk to an ATM or to the cage they would have time to think about playing more. But now, a pre paid debit card is okay to use.

Article here: http://www.miamiherald.com/2014/02/2...for-slots.html

I don't know what the cash limits are on pre paid debit cards but if the costs are low for loading a pre paid debit card this could be a good idea. I certainly hope that the charges are less than using a traditional ATM. Caesars, for example, charges a hideous $5.99 per ATM transaction -- plus your bank might charge you a foreign ATM fee. (Bank of America recently raised its foreign ATM fee from $2 per transaction to $2.50 per transaction.)

I still think that using a credit line at a casino is the best way to go if you are gambling more than a safe amount of cash that can be carried in your wallet. There is no fee for accessing a credit line, and casinos generally give you between 15 days and 30 days to repay the "marker" with zero interest.

Debit cards might allow "casual players" to safely carry larger amounts of money to casinos without fear of robbery and loss. I only hope that there is no charge by the casinos when a debit card is used directly in a slot machine. If the casinos do put a charge on using a debit card directly in a slot I would consider that to be counter-productive and a rip-off.

A casino debit card where you could ADD your soft profits or partial winnings WITHOUT fee might be nice. I doubt that will ever happen.

I would never use a prepaid card in a machine. What happens if I forgot to take the card out and walked away from the machine?

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Originally Posted by Nash

I would never use a prepaid card in a machine. What happens if I forgot to take the card out and walked away from the machine?

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Good point. My guess is you would insert the card and TRANSFER money from your card to the machine, and then remove your card. You would have the same risk of leaving behind your ATM card in an ATM machine. And it would be easy to put prompts on the machine to "remove your card" after transferring credits.

I see no reason to use this. It's an extra step, which is a waste of time. Machines take cash--just bring cash. If you're afraid to walk around with cash when nobody has any idea who's carrying what, then you don't belong in a casino. Scared money, and people, never won a dime.

[QUOTE=Rob.Singer;20196]I see no reason to use this. It's an extra step, which is a waste of time. Machines take cash--just bring cash. If you're afraid to walk around with cash when nobody has any idea who's carrying what, then you don't belong in a casino. Scared money, and people, never won a dime.[/QUOTE I carry TWO billfolds-one with about $60 and the other with $300 that I keep inside my shirt pocket which is covered by my jacket-since they keep it so dang cold it doesn't look unnatural. Then, if I were robbed, etc., the likelihood of looking for another wallet might not cross someone's mind.

Takes me back to when I was first starting to go to Vegas. Didn't know about markers--used to wear a money belt inside my pants. You had to go to the john if you wanted to get at your own money.

After that, I just opened a bank account in vegas so I didn't have to carry $$.

But markers are so easy, safe, and convenient I don't know why anyone would risk carrying cash and forego the interest free loan. And before the BS tier systems and such, markers got you all the comps you could ever want.

I used markers when I was an AP. It was convenient because I was always in a hurry when returning home from overseas, rushing around to get things done at home before driving to Nv.

Then, when I started playing for a living, it made no sense on several levels any more. I was never in a rush, I realized no one ever knows who's carrying what, and signing up for markers only serves to help allow the casino keep eyes on you. It also triggers much unwanted & unneeded attention from those useless hosts. Sure, if you're the standard losing player who likes maybe the extra comps or "friendly discussions with hosts" that comes with markers, it's probably better to sell your soul this way. But that's not why I play, and carrying large or small amounts of cash has never created a problem for me...& still doesn't even though I no longer pack iron.

It is foolish to carry large amounts of cash -- inside and outside of casinos. Period. Anyone who wants to carry big amounts of cash is a show-off and just plain stupid.
I usually drive up to Vegas with less than $60 in my wallet -- enough for going to fast food restaurants during "pit stops."

When I sit down at a machine or go to a table I take out a marker -- 30 days free interest if I lose. No risk of losing my wallet or my billfold if I carried cash. When I finish playing if I can pay off my marker, I do. If I hit something big I take a check -- no need to walk out of the casino with big cash either.

That's pure inexperience talking Alan. The "show off" is the one getting and cashing markers. I've never seen anyone who carries cash with a sign on them that announces it. And like I said, markers are the #1 culprit that invites unwanted/unneeded casino attention. Losers crave it; winners avoid it. I think you just could be the #1 poster child for doing nearly everything the casinos want & expect players to do--and how they want players to do it.

Rob... I don't carry cash and that's why I can't lose cash.

Please stop with your song and dance about doing what the casinos want. Honestly having cash in your pocket makes it easier for you to feed your addiction. But if you have to go to your bank, or ask for a marker, or walk to an ATM you do have time to think about what you're doing. In your case Rob, it really is cash burning a hole in your pocket.

Your advice to carry cash in and outside of casinos is probably the most stupid thing I have ever heard. Only criminals, drug dealers, tax dodgers and Rob Singer carry large amounts of cash in this day and age. Even check writing has become archaic.

If you ask me, you sitting at a $25 machine with your big wad of $100s is the ultimate in being a show off and showing that you are doing exactly what the casino wants you to do.

NEVER NEVER NEVER should anyone carry large amounts of cash.

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Originally Posted by Alan Mendelson

Rob... I don't carry cash and that's why I can't lose cash.

Please stop with your song and dance about doing what the casinos want. Honestly having cash in your pocket makes it easier for you to feed your addiction. But if you have to go to your bank, or ask for a marker, or walk to an ATM you do have time to think about what you're doing. In your case Rob, it really is cash burning a hole in your pocket.

Your advice to carry cash in and outside of casinos is probably the most stupid thing I have ever heard. Only criminals, drug dealers, tax dodgers and Rob Singer carry large amounts of cash in this day and age. Even check writing has become archaic.

If you ask me, you sitting at a $25 machine with your big wad of $100s is the ultimate in being a show off and showing that you are doing exactly what the casino wants you to do.

NEVER NEVER NEVER should anyone carry large amounts of cash.

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Yeah, But CASH IS KING!

Long live the KING!

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Originally Posted by Alan Mendelson

Rob... I don't carry cash and that's why I can't lose cash.

Please stop with your song and dance about doing what the casinos want. Honestly having cash in your pocket makes it easier for you to feed your addiction. But if you have to go to your bank, or ask for a marker, or walk to an ATM you do have time to think about what you're doing. In your case Rob, it really is cash burning a hole in your pocket.

Your advice to carry cash in and outside of casinos is probably the most stupid thing I have ever heard. Only criminals, drug dealers, tax dodgers and Rob Singer carry large amounts of cash in this day and age. Even check writing has become archaic.

If you ask me, you sitting at a $25 machine with your big wad of $100s is the ultimate in being a show off and showing that you are doing exactly what the casino wants you to do.

NEVER NEVER NEVER should anyone carry large amounts of cash.

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You still have a lot to learn Alan, and unless you're doing as well as I've done in video poker at least, it would behoove you to listen instead of whatever it is that you do here for whatever reason you do it.

One can only thrive in gambling if one understands and practices common sense--which is also where it all starts. Casinos want your money, and it is the ONLY reason they want you to come in their doors. But the player comes in to get the CASINO's money, and this should be the overriding reason for the visit. Not to chat with the cashier, to exchange niceties with the handpay crew in the high limit room, or to make a fool out of yourself by talking to some host.

So does it then make sense to do exactly what the casino wants and expects a gambler to do? Of course not! Then why do most people do it? Because THEY'RE WEAK, INEXPERIENCED PEOPLE WHO FEEL MUCH BETTER BEING LED BY THE HAND THAN BEING LEADERS! And this ends up being the biggest advantage any casino has over any player. Need cash to play? Why, cash a check or get a line of credit going....And in the process give them not only access into your financial life, but access to you whenever you enter their casino. Win a big jackpot that puts you ahead for the visit? Why, don't go home....stay on and run that newfound confidence & euphoric feeling thru the higher limit machines, why dontcha. And put all that jackpot money into your pocket? Nope....not when you and the floor crew can have a "good 'ol time" when you pass out tips as you get ready to play on! Gee, what a feeling THAT is. Win big, then let everyone join in on the fun, and at the same time you can ward off those feelings of intimidation just by giving away some of that jackpot money that seems SO BIG at the time.

And here's the best part--you're lack of knowledge about high limit rooms even though you play in them. No strong player sits at a $10 or $25 machine and feeds hundreds into them. They go to the room's cashier and has a ticket made, usually very discreetly.

More and more, it appears you're nothing more than a giddy, comp-loving, anxiety-driven 25c gambling tourist who plays $5 games. And you could be and do so much better, if you only listened.

All the casino hosts care about is your drink or cashier experience. I was having a boring day, only ahead by a little when one came by(with list in her hand to make sure she got my name right) and asked how my service was. I gave her a disgusted look and she replied, "Oh, I'm not interested in your PLAY experience, just your service."

It is never bad, in the casino or anywhere else in life to be friendly and courteous to those with whom you interact. It has nothing to do with playing by the casino's rules or falling into their trap. That is a separate issue and you can be nice to your host, the cashier, the waitress, the player next to you, the lady picking up garbage, etc., without it leading to bad play or compulsive gambling or any of the other sins which you describe. And maybe it makes your overall casino visit more enjoyable to have some friendly repartee rather than being miserable.

In my case, and I can be a real SOB if someone else instigates, my otherwise good nature with casino employees has led to a significant number of them becoming clients, including several in management. So maybe they fell into my trap rather than the other way around.

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Originally Posted by regnis

It is never bad, in the casino or anywhere else in life to be friendly and courteous to those with whom you interact. It has nothing to do with playing by the casino's rules or falling into their trap. That is a separate issue and you can be nice to your host, the cashier, the waitress, the player next to you, the lady picking up garbage, etc., without it leading to bad play or compulsive gambling or any of the other sins which you describe. And maybe it makes your overall casino visit more enjoyable to have some friendly repartee rather than being miserable.

In my case, and I can be a real SOB if someone else instigates, my otherwise good nature with casino employees has led to a significant number of them becoming clients, including several in management. So maybe they fell into my trap rather than the other way around.

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It was just the fact that she said "Mr. (then hesitated, looked at her list) THEN called my last name. I think a great hostess would have all that info ready in her head to at least give it a semblance of genuineness.

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Originally Posted by Rob.Singer

You still have a lot to learn Alan, and unless you're doing as well as I've done in video poker at least, it would behoove you to listen instead of whatever it is that you do here for whatever reason you do it.

One can only thrive in gambling if one understands and practices common sense--which is also where it all starts. Casinos want your money, and it is the ONLY reason they want you to come in their doors. But the player comes in to get the CASINO's money, and this should be the overriding reason for the visit. Not to chat with the cashier, to exchange niceties with the handpay crew in the high limit room, or to make a fool out of yourself by talking to some host.

So does it then make sense to do exactly what the casino wants and expects a gambler to do? Of course not! Then why do most people do it? Because THEY'RE WEAK, INEXPERIENCED PEOPLE WHO FEEL MUCH BETTER BEING LED BY THE HAND THAN BEING LEADERS! And this ends up being the biggest advantage any casino has over any player. Need cash to play? Why, cash a check or get a line of credit going....And in the process give them not only access into your financial life, but access to you whenever you enter their casino. Win a big jackpot that puts you ahead for the visit? Why, don't go home....stay on and run that newfound confidence & euphoric feeling thru the higher limit machines, why dontcha. And put all that jackpot money into your pocket? Nope....not when you and the floor crew can have a "good 'ol time" when you pass out tips as you get ready to play on! Gee, what a feeling THAT is. Win big, then let everyone join in on the fun, and at the same time you can ward off those feelings of intimidation just by giving away some of that jackpot money that seems SO BIG at the time.

And here's the best part--you're lack of knowledge about high limit rooms even though you play in them. No strong player sits at a $10 or $25 machine and feeds hundreds into them. They go to the room's cashier and has a ticket made, usually very discreetly.

More and more, it appears you're nothing more than a giddy, comp-loving, anxiety-driven 25c gambling tourist who plays $5 games. And you could be and do so much better, if you only listened.

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Rob, this is probably the most stupid post you ever made... and probably in your life. Carrying cash is the most stupid mistake you could make -- especially carrying $53,000 in cash as you do.

Interacting with casino personnel is a crime in your book? What a ridiculous statement.

And is there a difference between exchanging a brick of $100s for a ticket and asking for a marker? You're absurd.

Please don't continue this stupidity. I am rapidly losing all respect for you.

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Originally Posted by slingshot

It was just the fact that she said "Mr. (then hesitated, looked at her list) THEN called my last name. I think a great hostess would have all that info ready in her head to at least give it a semblance of genuineness.

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The Horseshoe Indiana has taken to having some young host (usually about 12 years old) come over to the slot machine and introduce herself and ask if you need anything. I do find it awkward as I don't know her and have nothing really to say to her. Also, since caesars properties basically took all the power of a host away from them with the "You must first use up your points BS", I don't see the point of it. So I don't disagree with you in that respect Sling.

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Originally Posted by regnis

The Horseshoe Indiana has taken to having some young host (usually about 12 years old) come over to the slot machine and introduce herself and ask if you need anything. I do find it awkward as I don't know her and have nothing really to say to her. Also, since caesars properties basically took all the power of a host away from them with the "You must first use up your points BS", I don't see the point of it. So I don't disagree with you in that respect Sling.

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Today was a different story. The you lady (foreign accent) actually was pleasant and called my name effortlessly and even let me know the free-play drawings had already started an hour early. I went upstairs and they doubled my offer from $25 to $50 and I came home with $40.

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Originally Posted by Alan Mendelson

Rob, this is probably the most stupid post you ever made... and probably in your life. Carrying cash is the most stupid mistake you could make -- especially carrying $53,000 in cash as you do.

Interacting with casino personnel is a crime in your book? What a ridiculous statement.

And is there a difference between exchanging a brick of $100s for a ticket and asking for a marker? You're absurd.

Please don't continue this stupidity. I am rapidly losing all respect for you.

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As I said, you have a lot to learn. You are, quite simply, a pawn of the casinos, and unless & until you choose to become educated on what it takes to be a consistent successful casino visitor and player, you will continue to struggle whenever you become involved in discussions about such subjects. It's mostly regarding video poker here; elsewhere, of course, you regularly reject schooling about craps. Luckily though, it is never too late.

I told you to stop your song and dance. It doesn't work anymore. There is no way on earth you can justify walking around with a lot of cash in or outside of casinos. It is just stupid, and as I said before only drug dealers, gangsters, crooks, Rob Singer -- and maybe people who can't have bank accounts because they owe too much money -- will walk around with a lot of cash.

This has nothing to do with casinos. This is about being a smart person. And I told you -- trying to justify walking around with wads of cash is absolutely dumb.

The worst thing I can think of is letting everyone know when you hit big or talking about your experience while there. I always donwplay my time there around others

When I hit big at the track, I don't even cash out at the teller. I call one of the managers and go up to his or her office and get paid in private. I have had times where they didn't even have enough cash and I had to come back. But it is always done in private.

I was in Atlantic City a few years ago (Caesars) playing blackjack. A guy walks up to the table and slams a huge brick of what appeared to be $100 bills held together by 2 elastic bands. I'd say the wad was about 4 to 5 inches thick. If they were $100s, there must have been at least $50, 000 there. He placed a few $500-$1000 bets, complained about there never being a host around then picked up his wad and left.

Atlantic City is full of a lot of unsavory types who I'm sure would have no problem in robbing a guy who walked around with that much cash and didn't seem to care who noticed.

The ONLY time I ever saw someone with a lot of cash at Caesars Palace was when a well dressed man, in a business suit, was standing in line at the cage with a large "block" of $100s held together by very large bands. I know what $10,000 strapped together looks like, so I am going to estimate that this guy had a hundred thousand dollars out in the open, at his side. I can only guess he was facing a deadline to pay a marker.

At the craps tables at Caesars I've seen a total of four players in my life who took out markers of at least one million dollars each. MARKERS. Not cash. The biggest cash buy-in at a craps table that I ever saw was five-thousand. I have never seen anyone buy in with cash for more than five thousand dollars.

But I have a story about the player who bought in with five thousand cash -- because he was a regular and always bought in with cash. He owned a chain of dry cleaning stores in Michigan and went to Caesars just about every weekend (is what I was told). I know that over the course of two years whenever I was there HE was there.

Well, one time I went to Caesars and he wasn't there. I asked about him. And I was told that he went broke, lost the dry cleaning business, and he would never be back again. That was about 8 years ago -- and I haven't seen him since.

He was betting big with cash because it was cash from his business. And by the way, he wouldn't buy in just once per weekend with $5K in cash -- he would do it several times if he had to.

The last time I saw him it was about 6am -- and he came to the table for "one more try" before his 9am flight. He took out another wad of $5k threw it on the table. And he made five bets of $1,000 each on the numbers. Seven out and he was gone.

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Originally Posted by Alan Mendelson

The ONLY time I ever saw someone with a lot of cash at Caesars Palace was when a well dressed man, in a business suit, was standing in line at the cage with a large "block" of $100s held together by very large bands. I know what $10,000 strapped together looks like, so I am going to estimate that this guy had a hundred thousand dollars out in the open, at his side. I can only guess he was facing a deadline to pay a marker.

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Obviously this guy wasn't taking out a marker for the sake of safety against potential crime since he still had to take the cash with him to pay it off.

I'll still carry up to $4K or so with me these days when I want to do a (25c/50c/$1/$2/$5) version of Rob's strategies, but I always take a check with the W2G on 50-cent or higher royals/big quads at higher denominations.

I consider this a happy compromise between gambling completely cashless or all in cash.

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Originally Posted by Count Room

I'll still carry up to $4K or so with me these days

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Do you have another option? If you don't have a credit line set up, or if you don't have free check cashing, then yes I can understand why you would need to carry that cash.

But you would be wise to come up with an alternative. Unless of course "losing" $4K is insignificant to you?

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Originally Posted by Alan Mendelson

Do you have another option? If you don't have a credit line set up, or if you don't have free check cashing, then yes I can understand why you would need to carry that cash.

But you would be wise to come up with an alternative. Unless of course "losing" $4K is insignificant to you?

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Alan: If I start gambling for higher stakes (>$5 machines) in the years ahead I would look at alternate arrangements. I only go to Vegas every year or two & markers aren't used in most of the casinos I frequent, but it does sound interesting to me. I just do things like Rob does in some ways: Simply head for the bank and finish all transactions there. Avoid ATM's & I use a debit card just for normal expenditures. Some of the casinos I go to used a "Global Payments" card which allowed only a small limit on check cashing (like $500-$1000 per week or somesuch), so I gave up on that idea.

I certainly wouldn't be happy if I was rolled for $4K, no, but I also would be thankful I still have my life in such a dire circumstance. I consider it an acceptable risk. I used to carry around a lot more (way too much) when I was younger & wilder. Maybe I am whistling in the dark, but I do think the risks of property crime are a bit overstated. I rarely drink and I always try to keep my wits about me.

On an unrelated matter, Alan: You've told Rob several times in the past that you might as well immediately play a $5 or higher machine to win a full house to achieve a small win goal instead of messing around with lower denominations.

I see your point on this and the 25-cent/50-cent denominations tend to 'bore' me after a while. My solution is:
Take $4K to win $300 minimum before going home (if you follow Rob's ideas).

25-cent...all 400 credits at TBP+ or DDB
50-cent...200 credits DB, 200 credits DDB/TBP+
$1...100 credits BP, 100 credits DB, 200 credits DDB/TBP+
$2...100 credits BP, 200 credits DB, 100 credits DDB/TBP+
$5...200 credits BP, 200 credits DB, 100 credits DDB/TBP+ (500 credit "last gasp" here)

The volatility layout actually lowers as I creep up in denominations. Once in a while I can get lucky with Aces right away at quarters (or a royal) and just forget about the whole damn thing. It's more suitable for a "day-tripper" like myself because I rarely stay overnight unless in Vegas or Philly/AC.

EDIT: Even on a day trip, sometimes those progressions can be really long sessions when deep into the levels. I've seen my share of 8+ hour sessions with them. Long, arduous fights that cease to become fun after a while.

Alan: My carrying around $4K is chicken feed compared to some of the problems Archie Karas faced during his heyday.

He had to transport millions of dollars in cash just to gamble:

http://www.pokernews.com/news/2008/0...ras-part-5.htm

If $4k is within your "comfort zone" for traveling to and from banks and casinos that you don't think twice about it then good for you. Me personally? As I said I rarely arrive in Vegas with more than $60 in my wallet.

The other day another forum member and I were on the phone discussing this and he told me he was very uncomfortable carrying more than $1,000.

I would take a check for any cash that I get out of Caesars in Vegas if I could. But unfortunately they close your credit line if you leave with a check, so I only take a check for wins of $10k and up. (Yes, they will reopen your credit line on your next visit, but you have to present yourself to the cage. It's routine, but it's a pain in the butt.)

As far as your adherence to Rob's strategy about increasing denominations I also wish you good luck with it. After Rob failed to account for the missing soft profits on his recent big wins I realized the entire system was a farce.

Hi Alan:

I wanted to add that just because I am using a variation of Rob's SPS approach doesn't mean I want to encourage others to do the same. I know you didn't imply this, but I wanted to make it clear regardless.

I simply do it for my own recreational gambling because it produces a lot of different results that keep things interesting when there are only negative VP games available (which unfortunately is almost universal these days).

If 100%+ VP were available I would play that first.

I view Rob's approach as a bit like the "Oscar's Grind/Martingale" of VP. (We talked a bit about the "Oscar's Grind" craps system a long while back on the forum, I think.)

Maybe I'll try craps again sometime...

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Originally Posted by Count Room

Alan: If I start gambling for higher stakes (>$5 machines) in the years ahead I would look at alternate arrangements. I only go to Vegas every year or two & markers aren't used in most of the casinos I frequent, but it does sound interesting to me. I just do things like Rob does in some ways: Simply head for the bank and finish all transactions there. Avoid ATM's & I use a debit card just for normal expenditures. Some of the casinos I go to used a "Global Payments" card which allowed only a small limit on check cashing (like $500-$1000 per week or somesuch), so I gave up on that idea.

I certainly wouldn't be happy if I was rolled for $4K, no, but I also would be thankful I still have my life in such a dire circumstance. I consider it an acceptable risk. I used to carry around a lot more (way too much) when I was younger & wilder. Maybe I am whistling in the dark, but I do think the risks of property crime are a bit overstated. I rarely drink and I always try to keep my wits about me.

On an unrelated matter, Alan: You've told Rob several times in the past that you might as well immediately play a $5 or higher machine to win a full house to achieve a small win goal instead of messing around with lower denominations.

I see your point on this and the 25-cent/50-cent denominations tend to 'bore' me after a while. My solution is:
Take $4K to win $300 minimum before going home (if you follow Rob's ideas).

25-cent...all 400 credits at TBP+ or DDB
50-cent...200 credits DB, 200 credits DDB/TBP+
$1...100 credits BP, 100 credits DB, 200 credits DDB/TBP+
$2...100 credits BP, 200 credits DB, 100 credits DDB/TBP+
$5...200 credits BP, 200 credits DB, 100 credits DDB/TBP+ (500 credit "last gasp" here)

The volatility layout actually lowers as I creep up in denominations. Once in a while I can get lucky with Aces right away at quarters (or a royal) and just forget about the whole damn thing. It's more suitable for a "day-tripper" like myself because I rarely stay overnight unless in Vegas or Philly/AC.

EDIT: Even on a day trip, sometimes those progressions can be really long sessions when deep into the levels. I've seen my share of 8+ hour sessions with them. Long, arduous fights that cease to become fun after a while.

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I like your thinking-and I too use variations-especially on freeplay. I remember when Rob's first videos came out he said he played 100 credits on bp and 100 on an advanced bp game. It took a past article that antfanas found to prove that I was right.

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Originally Posted by slingshot

I like your thinking-and I too use variations-especially on freeplay. I remember when Rob's first videos came out he said he played 100 credits on bp and 100 on an advanced bp game. It took a past article that antfanas found to prove that I was right.

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Slingshot: Note that I don't start playing BP until the third level of the progression (dollars) I personally use.

The lowest two levels are a higher-volatility "get lucky fast or burn through it fast" area hoping for some good early quads to end a session quickly since this is mostly for day-tripping casinos. Even then, I've had a lot of LONG sessions with it. I wouldn't mind abbreviating this strategy a bit further by removing some credits on the bottom and putting them up top.

As I told Alan, it indirectly answers his concerns about Rob fooling around with lower levels when he could reach a win goal quickly at a higher level.

To each his own, I guess. It just keeps things interesting for -EV games for me.

This thread is not for Rob's strategy.

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Originally Posted by Alan Mendelson

This thread is not for Rob's strategy.

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All too easy to get carried away when forum chatting, sorry. Yes, back on topic.

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Originally Posted by Alan Mendelson

If $4k is within your "comfort zone" for traveling to and from banks and casinos that you don't think twice about it then good for you. Me personally? As I said I rarely arrive in Vegas with more than $60 in my wallet.

The other day another forum member and I were on the phone discussing this and he told me he was very uncomfortable carrying more than $1,000.

I would take a check for any cash that I get out of Caesars in Vegas if I could. But unfortunately they close your credit line if you leave with a check, so I only take a check for wins of $10k and up. (Yes, they will reopen your credit line on your next visit, but you have to present yourself to the cage. It's routine, but it's a pain in the butt.)

As far as your adherence to Rob's strategy about increasing denominations I also wish you good luck with it. After Rob failed to account for the missing soft profits on his recent big wins I realized the entire system was a farce.

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Alan-I've never had my credit line closed for taking a check at Caesars (or flamingo, paris, or ballys). I do have to go to the cage if I haven't been there for over 12 months.

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Originally Posted by regnis

Alan-I've never had my credit line closed for taking a check at Caesars (or flamingo, paris, or ballys). I do have to go to the cage if I haven't been there for over 12 months.

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Perhaps using the word "closed" was too strong. The standard operating procedure at Caesars is if you leave with a check, on your next visit you must present yourself at the cage to utilize your credit line again. They do this as a way to stop money laundering. I dont know about the other casinos but that's the way it has been at Caesars for least the last ten years... when I first had a credit line there.