Can You Exchange Promotional Chips for OBC?

[DCPIV]

With the recent sales, we have some absurd amounts of OBC for some upcoming sailings.  I plan on drawing some of that in the casino.  I know that they give you promotional chips in that situation and that they cannot be cashed out.  Cool.  However, can you turn them back in for OBC in the (ha ha) event I don't go through what I've drawn?

 

We're just curious about how to handle these windfalls.

 

Cheers!

[canderson]

It's an exercise in money laundering.  You'll need to bet through all of your promotional chips once.  Figure out where your best odds are based upon what you play, understand that there are some caveats (I hear you can't bet both red/black on roulette with them, which on average would net you too close to full odds at 97.3% to be allowed) and cash out after the first full 'rinse'.

 

[jagoffee]

Just withdrawn your Promotional Chios in smaller amounts.  
i do mine as a credit for Video Poker.  In my case a draw is a win.

Edited September 19, 2021 by jagoffee

[zzdoug]

On 9/18/2021 at 12:19 PM, canderson said:

It's an exercise in money laundering.  You'll need to bet through all of your promotional chips once.  Figure out where your best odds are based upon what you play, understand that there are some caveats (I hear you can't bet both red/black on roulette with them, which on average would net you too close to full odds at 97.3% to be allowed) and cash out after the first full 'rinse'.

 

When I do this in Vegas, almost always on a video poker machine, I press the cash out button after every hand, so I know exactly how much left I have to play. The promo$ can't be cashed so it remains as credit on the machine. Then once I have played through the promo$, I'm left with a stack of small cash vouchers. I feed them all into the machine and cash out with a single voucher. I imagine this will work on a cruise ship casino but I don't think I have ever gambled on a cruise ship so I don't know.

[the penguins]

On 9/19/2021 at 11:47 PM, zzdoug said:

When I do this in Vegas, almost always on a video poker machine, I press the cash out button after every hand, so I know exactly how much left I have to play. The promo$ can't be cashed so it remains as credit on the machine. Then once I have played through the promo$, I'm left with a stack of small cash vouchers. I feed them all into the machine and cash out with a single voucher. I imagine this will work on a cruise ship casino but I don't think I have ever gambled on a cruise ship so I don't know.

We convert our OBC to cash via roulette. We have a system which while not guaranteed gives you a good chance of converting most of your OBC to hard cash.

1) we draw $50 at a time.

2) we bet 5 chips at a time with each chip covering 4 numbers I,e we are covering approx half the numbers. A win gives us $8 and we only need to bet 4 chips on the next spin.

3) keep all winnings to one side.

4) once the $50 has been spent cash out. We take only multiples of $5 as winnings the balance of $1 to $4 we give as a tip.

Repeat nightly until conversion is complete.

Gives you a fun time with little risk.

 

 

[crusinthrough]

I did not receive promotional chips on a recent Edge sailing.  

[cruisestitch]

You were fortunate, others probably won’t be as lucky.

[crusinthrough]

I'll take it.  This was my only luck in the casino for the week and doesn't make my losses feel as bad.  

[Baron Barracuda]

2 hours ago, the penguins said:

We convert our OBC to cash via roulette. We have a system which while not guaranteed gives you a good chance of converting most of your OBC to hard cash.

1) we draw $50 at a time.

2) we bet 5 chips at a time with each chip covering 4 numbers I,e we are covering approx half the numbers. A win gives us $8 and we only need to bet 4 chips on the next spin.

3) keep all winnings to one side.

4) once the $50 has been spent cash out. We take only multiples of $5 as winnings the balance of $1 to $4 we give as a tip.

Repeat nightly until conversion is complete.

Gives you a fun time with little risk.

 

 

Wheel can at times be uncooperative.  Easier to just do mix of red/black, odd/even, 1-18/19-36.  Over a number of spins should pretty much break even.

[the penguins]

26 minutes ago, Baron Barracuda said:

Wheel can at times be uncooperative.  Easier to just do mix of red/black, odd/even, 1-18/19-36.  Over a number of spins should pretty much break even.

Yes and no.

How you can use promotional chips is restricted.

Our way gives us a lot of fun for very little risk.

Because we only play $50 a night we hope to mitigate the "uncooperative wheel " and never chase loses. The boss (Anita) picks the numbers.

Over 20 cruises using this system we have lost just once. We have done 2 Silhouette’s in the last month. On the first we converted $325 (the boss spent $25 on a bsg reduced from $100) to $386. On the second $100 to $104.

 

[the penguins]

2 hours ago, crusinthrough said:

I did not receive promotional chips on a recent Edge sailing.  

At the very least we have our Shareholder OBC, often another $100 for booking on board, and, on our August cruise, a late price drop also had to be taken as OBC. 

[blueboro]

You can use OBC on slots, charge it to your room, and then cash out.

[zzdoug]

1 hour ago, the penguins said:

Yes and no.

How you can use promotional chips is restricted.

Our way gives us a lot of fun for very little risk.

Because we only play $50 a night we hope to mitigate the "uncooperative wheel " and never chase loses. The boss (Anita) picks the numbers.

Over 20 cruises using this system we have lost just once. We have done 2 Silhouette’s in the last month. On the first we converted $325 (the boss spent $25 on a bsg reduced from $100) to $386. On the second $100 to $104.

 

will they let you simulataneously bet red, black, and 0?

[the penguins]

1 hour ago, zzdoug said:

will they let you simulataneously bet red, black, and 0?

I believe promotional chips can only be used "inside" so not red/ black, odd/even. You can put $1  on 0 or across 0/00 as part of the $5 minimum. If in doubt the casino gives free gaming lessons before they open which are useful.

We don't profess to be experts. We just have fun whilst at the same time converting OBC's to real money. Unlike when you buy chips through your onboard account where there is a 5% charge there is no charge to convert OBC into promitional gaming chips.

[the penguins]

2 hours ago, blueboro said:

You can use OBC on slots, charge it to your room, and then cash out.

You've lost me. More details but please keep it simple, thanks.

[jagoffee]

5 hours ago, crusinthrough said:

I did not receive promotional chips on a recent Edge sailing.  

We’re you using non refundable OBC?

[cruisestitch]

On 9/18/2021 at 1:10 PM, DCPIV said:

With the recent sales, we have some absurd amounts of OBC for some upcoming sailings.  I plan on drawing some of that in the casino.  I know that they give you promotional chips in that situation and that they cannot be cashed out.  Cool.  However, can you turn them back in for OBC in the (ha ha) event I don't go through what I've drawn?

 

No, you must wager them

[blueboro]

42 minutes ago, the penguins said:

You've lost me. More details but please keep it simple, thanks.

We had $250 OBC...went to casino / slots and put room card in machine...put $20 on room charge.  Played a couple of times and cashed out.

[the penguins]

7 hours ago, blueboro said:

We had $250 OBC...went to casino / slots and put room card in machine...put $20 on room charge.  Played a couple of times and cashed out.

That seems very (too) simple. Do you get charged the 5%?.

If not are you saying I can:

1) put $100 from my non refundable OBC on to a slot

2) spend $1 on pulls

3) cash out the $99

4) take the $99 slip to the casino cashiers and get $99 cash?

 

[blueboro]

12 hours ago, the penguins said:

That seems very (too) simple. Do you get charged the 5%?.

If not are you saying I can:

1) put $100 from my non refundable OBC on to a slot

2) spend $1 on pulls

3) cash out the $99

4) take the $99 slip to the casino cashiers and get $99 cash?

 

Well, we did it a couple times with no issue.  As mentioned, charged $20 on slot and charged it to the cabin.  Played about 3-4 times and then cashed out.  Not sure you can do it at table since you get chips.

[the penguins]

1 hour ago, blueboro said:

Well, we did it a couple times with no issue.  As mentioned, charged $20 on slot and charged it to the cabin.  Played about 3-4 times and then cashed out.  Not sure you can do it at table since you get chips.

Impossible at the table as promotional chips can't be exchanged for cash.

Also the slots now separate "promotional" from cash. Perhaps Celebrity has got wise. Have you done your method recently?

 

[crusinthrough]

On 9/29/2021 at 6:12 PM, jagoffee said:

We’re you using non refundable OBC?

Celebrity OBC.. This was one of the first few Edge cruises and maybe the casino didn't know the rules. 

[Alakegirl]

So you exchanged your OPC for chips and now you want to reverse the process and exchange the chips back for OBC? I don’t think you can do that. (Although to be honest I never knew anyone who tried to do that.)

[blueboro]

4 hours ago, the penguins said:

Impossible at the table as promotional chips can't be exchanged for cash.

Also the slots now separate "promotional" from cash. Perhaps Celebrity has got wise. Have you done your method recently?

 

Last week on Equinox

[DCPIV]

3 hours ago, Alakegirl said:

So you exchanged your OPC for chips and now you want to reverse the process and exchange the chips back for OBC? I don’t think you can do that. (Although to be honest I never knew anyone who tried to do that.)

 

I haven't sailed, yet, but I was wondering if that even were an option when I do.