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  #21  
Old 07-27-2007, 05:22 PM
bav bav is offline
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Join Date: Nov 2005
Location: Vegas
Posts: 2,857
Default Re: Casino Chips

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I think the casino would love for you to buy 100 white chips and take them home with you. That's $100 in their pocket and zero in yours. Who's the sucker?

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What if I made them into something else of value and sold it for more than $100. ???. Profit.

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There's a reason casinos make tonnes of commemorative chips. They hope they walk out the door. Could there be a better business than minting 5000 Celine $5's for 20cents each and selling 'em for $5 and having 'em walk out the door?

As for selling for a profit... check out ebay where you can find $1 Bellagio and $1 PH chips for sale right now for $3.49+$2.50 shipping+handling.
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  #22  
Old 07-27-2007, 05:33 PM
Oblivious Oblivious is offline
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Default Re: Casino Chips

Casino cages definitely take others chips. Ive cashed $100 Wynn chips at Bellagio, and once attempted to cash a $1000 Bellagio chip at Wynn. The Wynn cage said they would have to call Bellagio to see if they would back up their cashing it. Bellagio requested that I take it to the original cage. The point is, Wynn was willing to do it if Bellagio gave the okay.
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  #23  
Old 07-27-2007, 05:35 PM
skin city skin city is offline
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Join Date: Jul 2007
Location: vegas
Posts: 92
Default Re: Casino Chips

as far as the "harrahs to caesars chips" thats fine...both under the "harrahs umbrella" also "monte carlo to bellagio chips" also fine both casinos fall under the "MGM umbrella"
but taking monte carlo chips to say, caesars, no can do.

back to the topic at hand, take all the chips you want home with you just dont do it during a live poker game. (however a dollar or two would be fine)
have fun, good luck
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  #24  
Old 07-27-2007, 05:40 PM
iversonian iversonian is offline
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Join Date: Sep 2003
Posts: 367
Default Re: Casino Chips

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
I think the casino would love for you to buy 100 white chips and take them home with you. That's $100 in their pocket and zero in yours. Who's the sucker?

[/ QUOTE ]

What if I made them into something else of value and sold it for more than $100. ???. Profit.

[/ QUOTE ]
There's a reason casinos make tonnes of commemorative chips. They hope they walk out the door. Could there be a better business than minting 5000 Celine $5's for 20cents each and selling 'em for $5 and having 'em walk out the door?

As for selling for a profit... check out ebay where you can find $1 Bellagio and $1 PH chips for sale right now for $3.49+$2.50 shipping+handling.

[/ QUOTE ]

I believe the chips cost a little over $1 to make. Which means they want you to take the $5 and over chips home, but not the $1 chips.
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  #25  
Old 07-27-2007, 05:41 PM
skin city skin city is offline
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Join Date: Jul 2007
Location: vegas
Posts: 92
Default Re: Casino Chips

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
I think the casino would love for you to buy 100 white chips and take them home with you. That's $100 in their pocket and zero in yours. Who's the sucker?

[/ QUOTE ]

What if I made them into something else of value and sold it for more than $100. ???. Profit.

[/ QUOTE ]
There's a reason casinos make tonnes of commemorative chips. They hope they walk out the door. Could there be a better business than minting 5000 Celine $5's for 20cents each and selling 'em for $5 and having 'em walk out the door?

As for selling for a profit... check out ebay where you can find $1 Bellagio and $1 PH chips for sale right now for $3.49+$2.50 shipping+handling.

[/ QUOTE ]

I believe the chips cost a little over $1 to make. Which means they want you to take the $5 and over chips home, but not the $1 chips.

[/ QUOTE ]

this makes sense.
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  #26  
Old 07-27-2007, 05:49 PM
Oblivious Oblivious is offline
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Join Date: Sep 2003
Location: fnkin lost
Posts: 810
Default Re: Casino Chips

Casinos get Paulson chips for probably 20 cents each in bulk. They make money when you take them home.
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  #27  
Old 07-27-2007, 06:47 PM
bmwguy525 bmwguy525 is offline
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Join Date: Feb 2007
Location: Santa Barbara / On a mission to spread LOZL
Posts: 5,268
Default Re: Casino Chips

[ QUOTE ]
I believe the chips cost a little over $1 to make. Which means they want you to take the $5 and over chips home, but not the $1 chips.

[/ QUOTE ]
Untrue. Casino quality chips retail at around $1-2 for personal purchase. Casinos probably pay anywhere from $.30-60 a chip. They make money on any chip that's over $.50.
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  #28  
Old 07-27-2007, 06:51 PM
ericmalone ericmalone is offline
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Join Date: Jul 2007
Posts: 49
Default Re: Casino Chips

You can even start a home chip set with casino chips, not a big deal, lots of people do it. You pay $1/chip for nice clay chips anyway, these you can take back if you are low on cash.
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  #29  
Old 07-28-2007, 10:08 AM
FlyinJ FlyinJ is offline
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Join Date: Mar 2007
Posts: 57
Default Re: Casino Chips

If you go to the cage and ask for a rack of uncirculated chips they will normally give them to you. That way all your chips are brand new if you are starting a set for home game use.
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  #30  
Old 07-28-2007, 05:19 PM
pvn pvn is offline
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Join Date: Jan 2004
Location: back despite popular demand
Posts: 10,955
Default Re: Casino Chips

[ QUOTE ]
Hi, I'm from England and I'm going to Vegas for the first time in a few months, and I'm just wondering about the rules regarding casino chips leaving the casino building.

Let's say I'm playing in a small no limit game and I think to myself "these $1 chips are pretty nice, I'd like to take one home as a souvenir" and slip one in my pocket. Is that acceptable?

This is a serious question, I have no idea if this is illegal / frowned upon / common practice.

[/ QUOTE ]

BTW, this is "technically" illegal in Atlantic City, but I don't think anyone cares when it comes to $1 chips.

It's perfectly fine everywhere else.
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