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Initial Buy ins at Table Games

Discussion in 'Comps' started by meyers67, Oct 5, 2013.

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  1. meyers67

    meyers67 High-Roller

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    This may be a silly question....

    Let's say I buy-in for $1,000 cash and play. When I'm done, I color up and leave. If I am going to play again a few hours later, should I cash out my chips and re-buyin with cash at the table? Or is it ok to just come back with the chips?

    Someone told me that if you buy in with cash, it's recorded differently and you may get more comps.

    Thanks
     
  2. UKFanatic

    UKFanatic The Arbiter of Taste Caviar Kid

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    You can just buy again with chips. Buying in with cash again does not get you any more comps than buying in with chips. Comps are based on play, not your buy in
     
  3. TuneinTokyo

    TuneinTokyo High-Roller

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    As a rule I always cash out and buy in with cash. I don't like walking around with chips in my pocket.
     
  4. shifter

    shifter Degenerate Gambler

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    you can just keep the chips. as far as comps there's absolutely no difference. they keep track of your win/loss at the table, not at the cage.
     
  5. MidnightBJ

    MidnightBJ Low-Roller

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    Also, depending on your typical buyin, you have to be careful about cashing chips in and re-buying with cash. Each transaction is treated separately and if you go over $10,000 in total buyins, even at 1,000 per buyin, you will generate a CTR. Although not necessarily a problem, it could generate a red flag to the government. Just keep the chips, as others have said, it doesn't change comps. It is much easier to carry chips most of the time.
     
  6. NickyDim

    NickyDim VIP Whale

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    They keep track of all cash coming into the game. When you bust out and take out another couple of hundred the boss makes note of that too. It's not just the bet x instances x HE x time. There are other variables, and when you take chips from one table to another it's not noted as a buy in. You should always buy in with cash.

    I'll always rebuy with cash. They care how much cash they push through the slot. What goes out in chips isn't as much concern as they can't control that.
     
  7. shifter

    shifter Degenerate Gambler

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    yes, the other variable is actual loss.

    this is just plain wrong. yes, they track how much cash you give them, but they also track how many chips you bring to the table. and they track how many chips you left the table with. they take the difference of how much you started with (cash or chips) and how much you left with and that's the number they write down as the actual win/loss, which is part of your rating.

    if they only tracked cash buy-in, everybody would buy-in with lots of cash, leave with chips, rinse and repeat and show a huge loss and get tons of comps. obviously, it doesn't work that way.
     
  8. thecarve

    thecarve Misanthrope

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    They also track what chips you take when coloring up.

    There's no such thing as a free lunch.
     
  9. MidnightBJ

    MidnightBJ Low-Roller

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    They track the cash buyins because they are required to by law. It is a total misconception that re-buying with cash after taking chips off table has any bearing on their view of available bankroll and, likewise, comps. Unless you are ratholing chips to make it look like you lost money, they will know you bought in for 1,000, then walked with 1,000 and then bought back in for 1,000. Total of 1,000 bankroll, not 2,000. Comps are based on theo and/or actual loss. If you have a credit line or front money it will skew an initial offer, but probably only that first time.
     
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