Coins to Paper Currency?

[MisterV]

No reason not to call it "free play," as in fact you must run it through once before you are allowed to set it "free" / cash it out.

Just for the sake of argument: what name would you propose be used?

[regnis]

I look at it this way. The 400 cash is converted to 440 free play. 440 free play has less value than 440 cash or 400 cash plus 40 free play because you have to run it through once. So I don’t think it is incorrect to refer to it as 440 in free play. That there was a cost for the free play is a different issue. But the cash has been converted to free play in the sense that there are rules attached to it now. You can’t just put it in your pocket.

Sounds like a good deal to me but I wouldn’t waste my time as a visitor. For someone that lives there why not.

Regnis "that there was a cost for the free play is a different issue" are you serious? That's the only issue. Anything you pay for through an exchange or deposit or purchase isn't free.

Whatever you want to call it it has now been converted to something equivalent to free play as it must be played through. It has less value than 400 cash. The term “free play” does not, in this case, mean there was no cost. It is free play in how it must be used——i.e.—— it has to be played through once.

But whatever anyone wants to call it, you are getting the ev on the extra 40 so not a bad deal.

[jbjb]

The casino is banking on the suckers to keep churning the money through after the initial play through. That's why they market it as "free play." Again, to me, I don't care what they call it. If it's a good deal and worth the time, I'll play it.

[coach belly]

But whatever anyone wants to call it, you are getting the ev on the extra 40 so not a bad deal.

Yeah but the AP who actually accepted the offer wrote this...

it's not worth the $35 in EV or so to spend all this time doing all this nonsense.

So is it a good deal if it's not worth it?

And RS was only talking about gathering 20 lbs of quarters together,
to put 10 people on the play daily that would require gathering 200 lbs of quarters daily.

Is that a more worthwhile endeavor?

[Alan Mendelson]

No reason not to call it "free play," as in fact you must run it through once before you are allowed to set it "free" / cash it out.

Just for the sake of argument: what name would you propose be used?

I think the appropriate term now is "disaster waiting to happen."

Initially I thought that if you brought in $400 of coin you would get $40 of free play for the coinage.

But now you're telling me that you no longer have control of your initial $400 and you have to run it through a machine? What kind of +EV is that?!?! It sounds to me like a trap even if you are getting a 10-percent bonus on your money.

I would bring in coins all day long if I was given cash for the $400 in coins plus 10% free play. But obligating me to now run through my initial investment in any machine turns it into a disaster waiting to happen.

[jbjb]

No reason not to call it "free play," as in fact you must run it through once before you are allowed to set it "free" / cash it out.

Just for the sake of argument: what name would you propose be used?

I think the appropriate term now is "disaster waiting to happen."

Initially I thought that if you brought in $400 of coin you would get $40 of free play for the coinage.

But now you're telling me that you no longer have control of your initial $400 and you have to run it through a machine? What kind of +EV is that?!?! It sounds to me like a trap even if you are getting a 10-percent bonus on your money.

I would bring in coins all day long if I was given cash for the $400 in coins plus 10% free play. But obligating me to now run through my initial investment in any machine turns it into a disaster waiting to happen.

Why would it matter? You play WITHOUT these bonuses anyway. The sharps will play through once and leave, the "ploppies" will stay and keep playing.

[MisterV]

But now you're telling me that you no longer have control of your initial $400 and you have to run it through a machine? What kind of +EV is that?!?! It sounds to me like a trap even if you are getting a 10-percent bonus on your money.

So long as the player limits his casino play to running through the $440 and then stops, I think there would be a very slight advantage to the player with slots, given the low-nineties pay back percentage on slots in many Las Vegas casinos: a better advantage would lie with VP players who are playing better games.

But hey, how many players would leave, given their addiction,I mean, given their fondness for casino play?

That's where they get you.

[jbjb]

But now you're telling me that you no longer have control of your initial $400 and you have to run it through a machine? What kind of +EV is that?!?! It sounds to me like a trap even if you are getting a 10-percent bonus on your money.

So long as the player limits his casino play to running through the $440 and then stops, I think there would be a very slight advantage to the player with slots, given the low-nineties pay back percentage on slots in many Las Vegas casinos: a better advantage would lie with VP players who are playing better games.

But hey, how many players would leave, given their addiction,I mean, given their fondness for casino play?

That's where they get you.

Exactly! Using 8/5 BP the expected return is approximately $436.30 for a net PROFIT of just over $36. Just playing the $400 the expectation is a LOSS of $3.36

[Alan Mendelson]

Its not a matter of running the money thru once and leaving. It's having to run the money thru once and taking your chances. Sure you might hit something and win but what if you run the money thru once and lose? Even kewlj admits to losing and he has the advantage of counting cards. You can't see how the RNG is picking cards or symbols.

Sorry. Use this promo only if you intended to gamble that money to begin with.

[Alan Mendelson]

But now you're telling me that you no longer have control of your initial $400 and you have to run it through a machine? What kind of +EV is that?!?! It sounds to me like a trap even if you are getting a 10-percent bonus on your money.

So long as the player limits his casino play to running through the $440 and then stops, I think there would be a very slight advantage to the player with slots, given the low-nineties pay back percentage on slots in many Las Vegas casinos: a better advantage would lie with VP players who are playing better games.

But hey, how many players would leave, given their addiction,I mean, given their fondness for casino play?

That's where they get you.

Exactly! Using 8/5 BP the expected return is approximately $436.30 for a net PROFIT of just over $36. Just playing the $400 the expectation is a LOSS of $3.36

Exactly what the APs would say. But what if your actual return differs? I've run $500 thru a $5/coin Bonus game without getting even a paying pair.

[Deech]

For myself, free play, free money, free anything is good (unless you have to sign a contract). If I lived in Vegas, I would take advantage of this offer.

While Alan is correct about one time, bad, pay through of the money, most individuals will go with the long term numbers. On VP at 99.5% payback, the extra $40 "free money" should only lose 20 cents. When forced to play the whole $440, an individual "should" lose $2.20. Yes, the casino gets an extra $2 from you, but, if diligent, you "could" walk out $37.80 ahead.

For us Irishmen, there are extra mitigating factors. Forcing to put through the initial $400 will take an extra 45 minutes or so. I am no Supreme Court justice nominee, but I still will wreck some havoc with a few drinks and the tips on my Barcardi and Diet Cokes will affect the overall payout.

At $37.80 minus a few bucks for tips, this is a nice little play. Then again for Kavanaugh, this would be a negative EV (kidding).

[jbjb]

So long as the player limits his casino play to running through the $440 and then stops, I think there would be a very slight advantage to the player with slots, given the low-nineties pay back percentage on slots in many Las Vegas casinos: a better advantage would lie with VP players who are playing better games.

But hey, how many players would leave, given their addiction,I mean, given their fondness for casino play?

That's where they get you.

Exactly! Using 8/5 BP the expected return is approximately $436.30 for a net PROFIT of just over $36. Just playing the $400 the expectation is a LOSS of $3.36

Exactly what the APs would say. But what if your actual return differs? I've run $500 thru a $5/coin Bonus game without getting even a paying pair.

Actual or "what might happen" has no bearing on anything. If that were the case, casinos wouldn't exist on themselves relying on their edge. But...what IF you run way above average??? This is why you want to play it as much as you can.

You're just a negative person. Just keep going to Red Rock and forking over your retirement money....

[SLaPiNFuNK]

A simple question gets turned into the most useless argument only here...

Duck, i just wanted to know if I can change coins to bills at a casino.

Cool that one casino out there will give you a 10% bonus for what you bring in. Most people will just play through it anyway so why not get the 10%. Who cares what it is called. Geez... if you people would put more effort into life than what was in this thread....

[MaxPen]

No reason not to call it "free play," as in fact you must run it through once before you are allowed to set it "free" / cash it out.

Just for the sake of argument: what name would you propose be used?

I think the appropriate term now is "disaster waiting to happen."

Initially I thought that if you brought in $400 of coin you would get $40 of free play for the coinage.

But now you're telling me that you no longer have control of your initial $400 and you have to run it through a machine? What kind of +EV is that?!?! It sounds to me like a trap even if you are getting a 10-percent bonus on your money.

I would bring in coins all day long if I was given cash for the $400 in coins plus 10% free play. But obligating me to now run through my initial investment in any machine turns it into a disaster waiting to happen.

Because you are a degenerate addict. People like you are the reason the lights stay on. In a way AP's should put you on a pedestal. You losing your pension monthly in a quest for some comped juice allows casinos to exist.

[Deech]

A simple question gets turned into the most useless argument only here...

Duck, i just wanted to know if I can change coins to bills at a casino.

Cool that one casino out there will give you a 10% bonus for what you bring in. Most people will just play through it anyway so why not get the 10%. Who cares what it is called. Geez... if you people would put more effort into life than what was in this thread....

Slap, you are correct. Then again, Yogi Berra said, "When you reach the fork in the road, take it". Everyone is responding to the fork (for the most part) and not your original post. I am not surprised.

[Alan Mendelson]

No MaxPen. You have the problem because you think being forced to play thru $400 to get a 10-percent bonus is a great deal.

Hint: the casino has you by the balls.

[Alan Mendelson]

Exactly! Using 8/5 BP the expected return is approximately $436.30 for a net PROFIT of just over $36. Just playing the $400 the expectation is a LOSS of $3.36

Exactly what the APs would say. But what if your actual return differs? I've run $500 thru a $5/coin Bonus game without getting even a paying pair.

Actual or "what might happen" has no bearing on anything. If that were the case, casinos wouldn't exist on themselves relying on their edge. But...what IF you run way above average??? This is why you want to play it as much as you can.

You're just a negative person. Just keep going to Red Rock and forking over your retirement money....

Retirement money. Remember that.

[Keystone]

[MisterV]

Geez... if you people would put more effort into life than what was in this thread....

This statement, upon examination, makes no sense, at least in the context of this thread.

What point are you trying to make?

Did you really mean to say "...put the same effort into life as was in this thread?"

Your statement is too damned obtuse, unclear, and basically meaningless.

"Like father, like son?"

[Alan Mendelson]

For the record AxelWolf mentioned the Ellis Island promotion in the third post of this thread.

If any of you want to accept the risk of running thru your own money which you first obtained by going to a bank or emptying piggy banks or water bottles and then lugging it to a casino for a 10% bonus that also must first be put at risk, and if you want to call that a +EV play, be my guest to take advantage of all such opportunities. You could come out ahead, and you could lose. But you will certainly get some exercise and there is +EV in that.