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If you had $875 in free play chips...

Discussion in 'Casino Gaming' started by Jer, Feb 13, 2020 at 6:35 AM.

  1. Jer

    Jer VIP Whale

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    So my local has “graciously” given me $875 in table free play. When I went to pick it up, I found out that they have all sorts of restrictions on how you can use it. I grabbed the chips and went home to ponder what to do. Long story short, it’s either:

    3 Card Poker(but only the straight bets)
    UTH(same as above)
    Blackjack(Freebet BJ is an option)
    Baccarat(the kind with the dragon bet but not free play on that bet)

    If I wanted to do a straight conversion of this, I’ve been told conflicting things there on a baccarat strategy. I’d bet 200 on Player/Banker and put a red chip on the dragon bet. I “bet” when I get there to actually use it, that will not be an option after all. After that if it works, I’d take the conversion and swing for the fences on some $5 VP.

    So VMB faithful, what would your strategy be? Straight conversion if possible? 4-5 bets on Free Bet and hope you hit a streak? One shot blackjack and hope to score?

    What say you?:thumbsup:
     
  2. DaiLun

    DaiLun R.C., L.C., and A.A.N.G.

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    Or, you could run into a very "unlucky" streak as I did last weekend in Reno/Tahoe. I had $130 in FP chips in Tahoe and (playing basic strategy with flat $30 bets), went 1-9-9 (W-L-P).

    I did slightly better in Reno, walking away with $425 on $560 in FP.

    Straight conversion is always possible, but as I always say, those big, beautiful casinos (and even the smaller local ones) weren't built because the odds were anywhere NEAR even.

    Whatever you choose, good luck!

    Note that is you play at a baccarat table and are OBVIOUSLY trying to "cash convert", you stand the chance of becoming very unpopular (with the pit boss, or any other casino employee that's paying attention and cares). Less of a chance with that if you have a confederate. Even less of a chance if you're playing Blackjack.
     
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  3. Vegas Todd

    Vegas Todd Currently on Double Secret Probation

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    I would do BJ it it were me.
     
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  4. Village Idiot

    Village Idiot Low-Roller

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    I am surprised that you can't use it for craps on the pass/no pass line, since that is an even money bet.

    I would probably go blackjack, but that's just me.
     
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  5. greekjim

    greekjim High-Roller

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    Freebet blackjack
     
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  6. deansrobinson

    deansrobinson VIP Whale

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    Blackjack
     
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  7. alexm

    alexm High-Roller

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    I think the biggest thing to consider is whether they are play to lose vouchers or gone win or lose. That is very significant in how to handle it. If they are play until you lose, your baccarat strategy is not awful but I would do 100 on each which should let you wash a decent number of them back out. If they are give up win or lose, I like free bet black jack. 25 bucks at a time and hope you catch some nice splits or double downs which won't cost you any chips.

    My wife had a 1000 in Direct Bet coupons from Caesars and used them predominantly on Pai Gow and washed out nearly 800 over like 2 days of play, so that's also something to consider.
     
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  8. DaiLun

    DaiLun R.C., L.C., and A.A.N.G.

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    The other thing that needs to be considered is if the free play chips are "play until you lose" or "one shot". All CET are "play until you lose", but I have heard of casinos that use "one shot" chips that you lose, win or lose. I think you get to keep them on a tie.
     
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  9. Jer

    Jer VIP Whale

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    Play til you lose with these.

    My first question was pass/no pass on craps or Red/Black on roulette. No on both. But they allow the Banker/Player scenario.

    All great stuff so far!
     
  10. boxofbirds

    boxofbirds Royal Flushless

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    If you try to wash the chips with some sort of offset bets they might not want to give you any freeplay chips in the future, so up to you if you want to take that risk for a guaranteed return.

    As others have said I would just play some blackjack (or Freebet if 3:2) with it, as you convert it into real chips just set those aside, you're likely to get a pretty good return, especially if you do it at like a $10 table to lower the ROR.

    Or if the money didn't mean much to me I would go the high-variance route and swing for the fences on some UTH because it's a game I enjoy playing.
     
    Last edited: Feb 13, 2020 at 12:19 PM
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  11. DaiLun

    DaiLun R.C., L.C., and A.A.N.G.

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    I agree with @boxofbirds on this one. I always try to give a vision of "fair play" when doing a "cash conversion", hence Blackjack.

    Don't know how this will work at Jeju Island (South Korea) in April where I have $600 USD in promotional chips and the stipulation is "no blackjack or poker" I don't even see where I can use the promotional chips for slot play. Oh well, we'll see . . . .
     
    Osaka, Jeju Island, Manila , Angeles City, another whirlwind tour!
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  12. FABismonte

    FABismonte Tell my wife I am "about even."

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    For clarification, are these "table free play" chips "one bet only" (unless there is a tie) or "play until they lose." ?
     
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  13. Jer

    Jer VIP Whale

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    Play until you lose
     
  14. TriggerMN

    TriggerMN The Norwegian Hammer

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    I’d just give all the free play to TriggerMN.
     
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  15. FABismonte

    FABismonte Tell my wife I am "about even."

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    Nice. Those chips are almost as valuable as cash. I would do BJ or Free Bet myself, whatever you enjoy playing the most.
     
  16. Jer

    Jer VIP Whale

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    I don’t have a great track record with table free play lately. I prefer machines so I’ll usually request that. But this time it was no choice.

    And as far as “burning bridges”? This is a true local casino. No affiliation with anything else anywhere else so honestly if I never set foot in there ever again I wouldn’t shed a tear...

    Thanks everyone for the advice so far! I’m leaning towards hopefully hitting a streak in baccarat or trying my luck on getting a few wins with multiple splits with doubles!:thumbsup:
     
  17. ssyx

    ssyx Low-Roller

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    I was at Resorts world on Jeju in November last year with my wife and we had some matchplay and free play to use. The only bets we were allowed to do were even chances on roulette or the "player" on the baccarat.
     
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  18. Dory364

    Dory364 Tourist

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    Caesars Windsor uses one shot on it. It’s called directbet if that makes a difference. Granted I haven’t been there in months maybe it changed
     
  19. NCAAHoops

    NCAAHoops High-Roller

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    1 bet on Banker. Lets gamble. Lol
     
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  20. topcard

    topcard Older than the Stardust!

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    I've posted this before, so bear with me -

    I would go with any of those, but the one that gives you the best chance to win a single hand is 3-card... let me explain why:

    Bet the table-max on ante & play. (Yes, you are playing blind). I would also throw $10 of my own money on the pair-plus, just in case!
    You will win more than 58% of the possible hand combinations.

    To break it down, out of 100 hypothetical hands, the events would (mathematically) unfold like this:
    16.67 hands - you both have less than Q-high. You win.
    22.22 hands - you have Q-high or better but the dealer does not. You win.
    22.22 hands - the dealer has Q-high but you do not. You lose.
    19.445 hands - you both have Q-high or better, but you win.
    19.445 hands - you both have Q-high or better, but you lose.
    Add them all up - You win 58.335 hands and you lose 41.665 hands.

    The reason that this works for the house is that for the 22.22 hands that they win when you have crap, they win both of your bets, but for your 22.22 hands, you only win half - your ante-bet only. So, for multiple events, they always come out ahead.
    But for a single hand? Your chances of winning something (58.335%) are greater than your chances of losing it all(41.665%).

    Now - I would do this play first... my next play would be with UTH, following the same basic operation as 3-card:
    Bet the table-max on the ante-blind-play spots and play the hand blind. You have a 50-50 chance of winning. (I would, again, throw $10 of my own money on the Trips bet, just in case!)

    Just as with 3-card, you only want to do this one time. The house edge is that they do not pay your blind-bet unless you have a straight or better. This is irrelevant if you win and also irrelevant if you lose, so long as it's a single hand.
    Over time, the "not being paid" for the blind-bet when you win, versus losing the blind-bet 100% of the time when you lose, makes the game EV+ for the house.

    Now, after these one-hand plays at 3-card & UTH, I would then move to a Freebet table that offers the "Pot-of-Gold" side-bet. Play that every time, and keep playing that game until all of your free-play chips are washed.

    Good luck!
    Be sure to let us know what you do & how it all turns out!
    :beer:
     
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