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mingorama
enthusiast

Reged: 02/12/07
Posts: 246

Comp Chips - How to Bet?
#13045217 - 11/20/07 01:32 PM

I've been offered two $100 comp chips to gamble with from a LV casino. Previously, when I've accepted the offer, I used to bet them both at the craps table --- one on the pass line, one on the don't pass line, with a side bet on the 12 (effectively converting the comp chips to regular chips). They don't allow this anymore. What would you recommend as an alternative to bet these chips as safely as possible?

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mingorama
enthusiast

Reged: 02/12/07
Posts: 246

Re: Comp Chips - How to Bet? [Re: mingorama]
#13045247 - 11/20/07 01:35 PM

Other options that crossed my mind -- betting red or black at roulette (obviously not the best odds with the 0 and 00), betting on blackjack (would not want to have to pony up my own money if I got into split/double-down situations), or maybe a field bet at the craps table (which might be worthwhile if they pay double/triple on the 2 or 12). Any thoughts appreciated.

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RudeboyOi
addict

Reged: 12/20/04
Posts: 494

Re: Comp Chips - How to Bet? [Re: mingorama]
#13049806 - 11/20/07 06:26 PM

banker in baccarat

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mingorama
enthusiast

Reged: 02/12/07
Posts: 246

Re: Comp Chips - How to Bet? [Re: RudeboyOi]
#13050095 - 11/20/07 06:47 PM

Never played baccarat before... can I just walk up and drop the chip on the "Banker" box thing?

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RudeboyOi
addict

Reged: 12/20/04
Posts: 494

Re: Comp Chips - How to Bet? [Re: mingorama]
#13050224 - 11/20/07 06:58 PM

yup i think its the best bet for comp chips

youll win like 46% of the time and

push about 10% of the time

they take a commission on the banker bet

but the banker is more often going to win than the player

so walk up and plop that comp chip down on banker

and hope for the best

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mingorama
enthusiast

Reged: 02/12/07
Posts: 246

Re: Comp Chips - How to Bet? [Re: RudeboyOi]
#13050509 - 11/20/07 07:20 PM

Thanks! I'll give it a whirl.

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Poshua
addict

Reged: 12/07/06
Posts: 508
Loc: New York, NY

Re: Comp Chips - How to Bet? [Re: mingorama]
#13051347 - 11/20/07 08:24 PM

If your objective is to make a hedge bet so you're guaranteed a win, rather than risking the money, you should bet both banker and player at the same time on the Baccarat table. Player pays 1:1, banker pays 0.975:1.

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NL Rounder
member

Reged: 07/24/06
Posts: 143
Loc: Here, There and Everywhere

Re: Comp Chips - How to Bet? [Re: Poshua]
#13052718 - 11/20/07 10:04 PM

I'm not claiming this is best, but I walk up to an EMPTY craps table, bet the don't and shoot against myself. I also place a toke bet for the dealers alongside mine.

I toss randomly without any dice setting and plenty of roll. If I survive the come-out roll, the advantage is mine. I use to enjoy craps, so this is a guilty pleasure for me.

I emphasize an EMPTY craps table, because I have no desire to upset anyone or dampen the mood at an active table. If anyone attempts to join my table as I'm about to shoot, I'll point out to them just what I'm doing and kindly suggest that they might want to wait until my one shoot win or lose session is finished before they place bets. Although, this can often be akin to talking to a brick wall.

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Total Poker Noob
stranger

Reged: 09/14/07
Posts: 9

Re: Comp Chips - How to Bet? [Re: mingorama]
#13058147 - 11/21/07 07:23 AM

They took this promotion away from my local casino when everyone started doing this....

Take the 100 comp plus 100 chip and bet 200 on banker in baccarat....

Then bet 150 on player....

If bank wins you get paid 200 and lose 150 on player.

If player wins you get paid 150 on player and lose 100 on bank.

Either way you are up $50.

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Tom Ames
addict

Reged: 10/26/05
Posts: 487
Loc: Trapped in an alley in Abilene...

Re: Comp Chips - How to Bet? [Re: Total Poker Noob]
#13061789 - 11/21/07 01:33 PM

Quote:

They took this promotion away from my local casino when everyone started doing this....

Take the 100 comp plus 100 chip and bet 200 on banker in baccarat....

Then bet 150 on player....

If bank wins you get paid 200 and lose 150 on player.

If player wins you get paid 150 on player and lose 100 on bank.

Either way you are up $50.

You're forgetting about the commission, aren't you?

Your local casino is not very sophisticated. They lose exactly the same amount on their promo chips to patrons playing them in this manner as they would to patrons playing only either side of the baccarat bet. The only thing that is altered is the variance--and from the casino's perspective, that probably matters very little due to the large number of promo chips used. The casino has only alienated some of their better customers who mistakingly thought they were getting away with something.

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