Re: Comp Chips - How to Bet?
[ QUOTE ]
[ 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.
[/ QUOTE ]
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.
[/ QUOTE ]
I think this may not be a terrible decision on the casino's part, depending on how they award the chips. Players who choose to take the comp chip and hedge probably aren't going to be great sources of action for the casino generally. OTOH, the sorts of players who want to take the comp and GAMBOOOOL may be well worth comping.
If the casino has already awarded the comp chip based on knowledge about the player (e.g. previous play) then I agree it doesn't make sense to prohibit hedge bets.
|