Hold on to chips or cash out?

[MH1]

What is the consensus on taking chips home with you vs. cashing them in each time before leaving at a store you frequent? Seems like it would make more sense to hold on to them and buy in for more only when you run out. This way the pit's attention isn't drawn to you every time you sit down. What do you guys generally do?

 

[Justinawe]

There's literally a thread on the same page about this issue man.. If it's a big win and you can come back later, it's better to only cash out a little at a time. Otherwise, just cash them out and try to be as discreet as possible.

 

[tthree]

You have a new twist, attention at buy in. You can buy chips at a craps table and then play blackjack. Just watch a few rolls and say something about why it doesn't feel right and off you go. As long as you aren't buying thousands it doesn't raise much attention.

 

[alwayssplitaces]

You could cash out twice your EV at a store you frequent if you win big. So you buy in for $5000 and run it up to $15000 in a session and don't want a CTR. Your EV is $100 per hour, and your session is 4 hours. So every session, cash out just $800 and play with the chips. The pit boss would think that you had one big win and are an addicted gambler who will eventually lose the money. You'll eventually lose it all since you're cashing out more than you make, then you buy in for $5000 again (if you cash out only your EV, there will be a point after which you will never buy in again, so that's why you cash out twice EV). This way you won't even be cashing out anything near the CTR threshold, your session bankroll is in chips, and (twice) your profit is coming out of your session bankroll in cash. Deposit half the cash into your bank account and keep half the cash for your bankroll. It also lets you have a steady income. The disadvantage is that you won't get interest on your bankroll when you're not playing.