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The Chip Board Archive 22

Re: no wonder they make the $5
In Response To: no wonder they make the $5 ()

...."they lose money with every $1 chip that we take."

Not really, when one considers how many times that $1 chip was played over and over again and the casino's edge made a profit for the house before the chip was taken out of play and replaced with another one in the next fill. The chip is like a tool. A business needs to provide tools in order to make money. When tools disappear, are misplaced, wear out, or break, they are replaced with another tool as a cost of doing business.

Messages In This Thread

What is the cost of a chip?
Re: What is the cost of a chip?
Cool, thanks Gene...
is that what the casinos pay?
Re: is that what the casinos pay? Yes
no wonder they make the $5
Re: no wonder they make the $5
I need more tools vbg

Copyright 2022 David Spragg