Comp Chips - How to Bet?

[Tom Ames]

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Just in case anyone was curious, I was allowed instead to receive $200 in slot play instead of the two $100 comp chips. It was loaded onto my players card, and I went ahead and played the max bet on 25 cent video poker until I had gambled that amount, then I cashed it out. Ended up with $238.

Again, if they had been able to give me 8 $25 chips instead of 2 $100 chips, I'd just gamble them and have no problem. I just don't usually bet as high as $100.

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If the comp chips only play once (most do) rather than until they lose, then the free-play is a much better deal even with the worst of machines to use it in. The combination of higher ev and lower variance is hard to beat. Congrats.