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Front Money

Discussion in 'Comps' started by Mednec, Jul 8, 2012.

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  1. Mednec

    Mednec Tourist

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    It has taken me a number of trips to get to grips with how the comps work in Vegas and I am not sure I am fully there yet; this led me to wondering if from a comp perspective is it advantageous to have front money. I have never done this before as my British bank allows me to withdraw $9000 per day from the ATM in $1500 tranches but after reading some of the comments here I wonder whether I should just wire money to the cage.

    I am primarily a Blackjack player with a $500 average but after reading Natedog and Shifters trip reports am going to give Baccarat a go next month.
     
  2. Stacks O. Purple

    Stacks O. Purple Low-Roller

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    Doubtful it will change your comp situation, but may make things easier for you coming in from outside the country. I would hate to count on ATM withdrawals and then have the bank deny the transactions when I'm that far from home and need the cash.

    It would still be a good idea to bring some "walking around money", as your front money isn't as easy to walk out the door with to another casino as is cash.
     
  3. natedog666

    natedog666 17 and 20 Expert

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    With a 500/bet average, you should have a 50k bankroll, so that will qualify you at most casino's international programs since you are a UK citizen. So if you hit a theo of 12,500, you would get 4000 back at MGM properties, Caesars, Wynn, Cosmo, etc....

    At 50k bankroll (god forbid you lose it), if you lose it, you also get 5% back, so 2500 bucks.
    At that level it is always best to concentrate play at one casino, I'm not sure of the theo that blackjack generates, but baccarat usually is one shoe = your avg bet in number of theo. Craps is usually 1 hr = avg bet = # of theo as well.

    So to answer your question yes front money at one casino would probably be helpful if it is at least 50k and you plan on hitting 12,500 theo.
     
  4. dodgydave

    dodgydave Tourist

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    I'm from the UK, and I always wire money to the casino cage.
    I have a USD account with my British Bank, and just transfer dollars to Bellagio a week before my trip starts, the transfer can take a couple of days to clear.
    Any funds that you have at the end of your trip, the casino will wire back to the originating account.It just requires one phone call at either end.

    The big advantage you have is that you can keep under the $10,000 customs declaration at the airport entry, and just take markers at the tables.

    I'm not sure if you're more likely to be comped with FM, but I always contact my host to let me know when its cleared.
     
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