Talk:Casino token
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[edit] Clay?
Metal or plastic only? I thought they were made of clay. -- Mikeblas 03:54, 20 January 2006 (UTC)
- Metal and maybe plastic - I don’t know for sure about the plastic. Tokens are not clay however and much of this article needs to be re written - in other words tokens are tokens and chips/cheques are something else entirely i.e. clay, ceramic and sometimes injection molded plastic such as Bud Jones. All the items in the displayed image are cheques not tokens. See poker chip for accurate info.--Elij 01:40, 21 August 2006 (UTC)
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- Casino chips are made of a combination of a special clay and composite plastic which gives it a stronger durability and can be cleaned easier. 68.162.12.124 17:58, 20 April 2007 (UTC)
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- Working on photos of various chip types: metal inlay, ceramic, clay from various manufacturers.D.valued 03:54, 16 July 2007 (UTC)
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[edit] Merge
The information in Poker chip seems better suited as a sub-section of this article- it's linked to in the first paragraph in a similar fashion as Token coin, but it seems as if "Token coin" is a general article, while "Poker chip" talks about casino use only. 130.101.31.26 04:19, 6 April 2007 (UTC)
- This has happened. D.valued 03:53, 16 July 2007 (UTC)
[edit] General information about titos.
"receipts" These are called TITOs. Many casinos have replaced 1¢, 5¢, 10¢, 25¢, and 50¢ games with this to save money. Although they require a huge infrastructure and a third party to setup the system, money is saved because coin sorting machines for example (the type my casino uses) cummins jetsort can range in price from $5,000-$6,000 (need to be replaced every 5 years) can be reduced/eliminated. Slot operations which used to refill the machines with coin now have the job of refilling the machines with tito tickets, paying out any jackpot over the state minimum taxable ($1200 for MN), correcting any printer jams in the machine and 'short paying' any ticket that comes up as invalid (No data registered, Voided, pending, expired)
The tickets are printed on a semi glossy thermo reactive paper. They usually have some florescent ink on them similar to that found on traveler's checks. On the tickets a location number, machine number, registration number (first 3-4 digits are all the same in one casino and every casino has their own set for the first 3-4 numbers.), date and time it was printed, expiration date, voucher number (ticket in series printed) and the casino's name.
The tickets can be inserted into other machines DVAs (bill acceptors), cashed at a cashier and/or cashed at an Automatic Ticket Redemption machine. (Also called ATRs and Ticket Redemption machines.)
More than one ticked can be inserted into a gaming machine at once. It is generally advised to find a 1¢ ticket machine and put all your tickets in it and then pressing the cashout button. ATRs do not combine totals for tickets and it saves time in line at the cashiers cage. Putting a 53¢ ticket into a 50¢ machine will result in the machine being credited one credit and then it will kick out a 3¢ ticket. Pressing cashout will result in another ticket for 50¢ being pressed. This is why you use a 1¢ machine to combine titos.
People who walk around looking for abandoned small denominational tickets are derogatorily called 'silver miners'. It is frowned upon by the casino as it is not their money and it is very annoying for cashiers to have to scan, stamp and redeem 20 tickets just to payout a dollar. All information here was gathered by myself while working at a casino. Anyone can use it any way they want etc. 66.41.152.139 -strickjh2005
[edit] De Facto Currency
I have heard it said that in Las Vegas casino chips circulate to an extent as a de facto currency even outside the issuing casinos. Evidence? M0ffx 12:08, 24 September 2007 (UTC)
- I saw that in the article, too. However, I doubt that they do, except possibly within the building (hotel tips, etc) the casino is in. There are signs in Vegas casinos saying it is illegal to use chips elsewhere. Huge potential for fraud if they did. Suggest we delete from article.
- There is no discussion of casino "strikes", which are silver tokens valued at $10 and up, which are mostly dispensed from certain slot machines as prizes. They are popular collectibles.--Wehwalt 12:37, 5 November 2007 (UTC)
[edit] Under Security
"In addition, with the exception of Nevada, casinos are not permitted to honor another casino's chips." Actually the Connecticut casinos Mohegan Sun and Foxwoods have (at least in the recent past) honored each other's chips. Chips with a value of at least $100 can be exchanged at the cashier's cage of the competing casino. —Preceding unsigned comment added by 69.120.52.177 (talk) 21:01, 25 December 2007 (UTC)