Keeping my bankroll in chips

tensplitter

Well-Known Member
I play a few times a week. I have a $4000 bankroll and I carry $1000 in my wallet all the time, plus or minus my winnings/losses for the week. Obviously it's a big risk to walk around with that much cash. The lines to cash out are about a 10 minute wait at busy times. Since I go so often I'd rather just carry my bankroll in chips and cash out maybe once a month instead of every visit. It'll add up to an extra hour of playing every 6 sessions.

Would I get any problems/heat at the casino for always buying in with a purple chip instead of cash? They would notice that the purple chips don't disappear because I would be winning in the long run. And what if the casino changes the chips if someone winds up stealing purple chips
 
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Sucker

Well-Known Member
Many APs hoard chips this way. It depends upon the casino, but in most, buying in with pink won't raise an eyebrow.

When a casino changes chips they have to give notice, and give people a reasonable amount of time to turn in chips. The exact amount of time required is usually set by the gaming commission of the jurisdiction in question. I do have a friend who recently lost $2000 because he DIDN'T get back to the casino in time, & missed the deadline by a couple of weeks.
 

bigplayer

Well-Known Member
tensplitter said:
I play a few times a week. I have a $4000 bankroll and I carry $1000 in my wallet all the time, plus or minus my winnings/losses for the week. Obviously it's a big risk to walk around with that much cash. The lines to cash out are about a 10 minute wait at busy times. Since I go so often I'd rather just carry my bankroll in chips and cash out maybe once a month instead of every visit. It'll add up to an extra hour of playing every 6 sessions.

Would I get any problems/heat at the casino for always buying in with a purple chip instead of cash? They would notice that the purple chips don't disappear because I would be winning in the long run. And what if the casino changes the chips if someone winds up stealing purple chips
You get less heat buying in with chips than cash...especially when playing as a refusal. It's less for the casino to track.
 

Jack_Black

Well-Known Member
tensplitter said:
I play a few times a week. I have a $4000 bankroll and I carry $1000 in my wallet
this is off topic, but maybe your bankroll isn't big enough to withstand huge swings normally associated in BJ. I'd hate to hear that you lost it all to the evil casino. are you playing with 5% RoR?
 

blackjack avenger

Well-Known Member
Purple Haze Running Through the Brain

tensplitter said:
Would I get any problems/heat at the casino for always buying in with a purple chip instead of cash? They would notice that the purple chips don't disappear because I would be winning in the long run. And what if the casino changes the chips if someone winds up stealing purple chips
you place a purple chip for the dealer to break
she yells "purple In"
pit looks at you, probably makes notes
Repeat?:joker::whip:

Does this sound like a good idea?
 

Nynefingers

Well-Known Member
How does the advice in this thread change depending on the size of the casino? Obviously buy in advice for Bellagio is different from some hole in the wall casino in the middle of Iowa, for example. For smaller casinos, is it preferable to hold chips or use cash? Specifically, I'm talking about the kinds of places where the pit isn't open 24/7, and maybe they don't even have chips bigger than black. It seems like it would look weird if they closed the tables for the night and a relatively large amount of chips are MIA.
 

tensplitter

Well-Known Member
This casino is the Parx Casino in PA that recently started table games. I had a net win of about $600 there since it started, mostly due to + variance but I have played several long sessions there.
 
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