Daily tip 💵 The vanishing value of the Dollar in the Casino 💵

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[@user-cq7cr3ry2p]

This idea of a moneyless system scares me. I am old school and I like checks and cash.

[@rs3018]

Not only separating us from our dollar. They are preparing for the digital currency and if we go to a digital currency the casinos are going to be the first to take a major hit I believe you will see casino doors shutting. I don't think people realize the control behind digital currency. Hopefully it never happens

[@GambleSmart]

that step is coming!

[@joanneupmann]

Florida has outlawed CBDC 😊

[@rs3018]

@@joanneupmann that's encouraging hopefully more states will but if it becomes a federal thing how will that work?

[@joanneupmann]

The greatest solution is in a book called Pirate Money by Kevin Freeman. Saw him on a Steve Bannon interview. Texas is setting up a gold reserve. You buy gold (held there) but it is used like a debit card. Held in your account like cash, but it’s spendable gold. Thats how you stop a great reset-they need to control the money supply (dollars). No controlling your gold. Sorry if off the rails a bit, but highly recommend the book-it’s recent

[@frankspina6004]

Agree Dave. There’s a difference in putting 5 silver dollars in a slot machine and just pressing a button for a $5 bet. They are trying to desensitize us into betting more. I remember the paper cups of coins and the dirty fingers. Old school for sure!

[@GambleSmart]

exactly, separating you from physical cash.

[@ilovenoodles7483]

​@@GambleSmart don't fall for it because in essence this is just a ploy to make a cashless society- everywhere! It really is part of the new world order plan. Resist it.

[@latachia_2981]

Yes, I really miss those days! To me,it was much more fun!

[@cindy7367-y1i]

I enjoyed the change of scenery in your video this morning. After watching, I was inspired to go on my morning walk while the weather was still cooler (108 temp in Phoenix today) and enjoy the beautiful outdoors. Not a fan of the digital wallet, not sure how secure it will be in the long run. Thank you for the great video!

[@marriedagain2008]

Great video. Thank you! Hope to catch the live tonight.

[@CMajestik7]

I find that by actively paying attention to the machine while playing, it doesn't matter what they call it. Watching you give tips to make us smarter, we can combat these changes and control our playing experience. I use credit/debit cards almost exclusively, but at casino, I enjoy holding actual currency to play with and (hopefully) walk away with more! I don't think we can change the trend of digital currency, so try to find moments to enjoy paper/coin currency. The diminishing value of the dollar impacts us all, but being smarter while gambling ensures fun win or lose (winning preferred). Thanks for great talking point Dave!

[@GambleSmart]

thanks for watching and we will keep trying!

[@mindsetmotivation9124]

Where ever your walking is beautiful

[@KathyR-kb9mi]

Good topic, thank you. I use your recommended breaks to assess where I am with regard to my budget for that session, so even if I happen to get lost in the moment of credits, the breaks clear my brain & get me back on the right path.

[@henrygreening1534]

Good piont Dave. When I play the machines I ignore the credits and always watch the dollar value, which is the real money. I do not support a cashless society. If businesses do not accept cash, they have just lost a sale and I'll go somewhere else. Thank you for you and Marc for all you are doing to help us. It has been very awesome. Wish you all well.

[@5877user]

I hate the “credit” instead of cash value games. That’s one reason I don’t play Top Dollar and Doubke Diamonds. Don’t like doing the math after every spin.

[@rosemaryteddy8591]

Good Wednesday Morning Dave. I do carry cash, pay with Money Order and use debit. Most of time I like to pay bills with cash or post office money order. Now Casino always cash no credit cards, plus I watch to see where credits are on Machine. But right now it's every other month to go. Beautiful Scenery Dave was you in a park area or just where you live. Thanks for tip. Take Care.

[@debbienix8458]

Not a fan of the wallet. Don’t like cashless anything!

[@latachia_2981]

I agree 100% !!

[@kworld429]

We CANNOT let that happen! If that happened, the damn feral gubment will have complete control over you.

[@glassguy777]

Only if the government allows a cbdc to be installed. Central Bank Digital Currency.

[@terrystewart2070]

Low roller here....very low.....never put more than $20 in a machine at once (I will add some of my free play, which is also very low). I only play ancient machines that are 1 cent only, 5 reels i coin play=25 cents. Max bet $5. Never bet more than $1.25. Only exception: The wild wild machines, min. bet 50 cents, I have hit bonus game pays of about $750 twice on 50 cent bet, and last month actually hit $1197 bonus run on 50 cents. Doesn't happen often, but it is possible.

[@vickifeeback168]

Do the newer machines let you flip credits to currency on the meter? I always flip if possible so I see $$$ and not credits.

[@UnseemlyGenie00]

Most show you credits and the money amount down below

[@joogonza]

I didn’t even know you tipped when getting hand pays and I typically went to the casino 3-4x a week lol

[@babyjayhawk065]

If I’m just winning my money back from a hand pay I won’t tip, but if I get a hand pay before I lose my budget that’s when I tip.

[@tonitomer79]

Really good advice 😊

[@GambleSmart]

thanks for watching!

[@annettenm29]

Hey Dave, I say no to digital wallets, I could see people doing real damage to themselves financally, it would be too easy to lose all self control.

[@GambleSmart]

That’s where i for sure agree, the downside is huge

[@themortal1]

I agree with you and you got me thinking about the speed at which we disassociate the money/credits. The old days of coin-in were much much slower (and dirtier lol...). It seems that in today's world, we can't be bothered to slow down and enjoy the experience. I play table games when I can afford the table limits, but I always consider the pace of play on a table vs. a slot. Of course, most likely won't hit a jackpot size bonus on a table vs. slot, but it feels like I can at least last a little longer and enjoy my time. I feel like self control is becoming more important overall, but disappearing at the same time.... Interesting topic.

[@GambleSmart]

Glad it got you think, hopefully we all start seeing the speed and slow down. Thank you for watching!

[@pennsylvanialowroller9087]

I agree with you. I hope it does not happen that we go to digital currency but it is going to happen eventually. When I am losing on a machine I actually drop my bet no increase so I can get more spins and hopefully hit a bonus and get back my money.

[@5877user]

Me, too. Great tip,

[@Tvel73]

I tend to stay away from any form of electronic payment because I was nearly compromised and thankfully my bank stopped a transaction from taking place because someone hacked into my PayPal account. And working a liquor store I see people having difficulty with using their Apple wallet or other forms of electronic payment because as you said we’re headed towards a cashless system. So I stay away from anything like that except with my debt and credit card. 😊👍🏻🎰

[@Mr605483]

Great video. You’re looking good!

[@GambleSmart]

Thank you! and thanks for watching!

[@coincollectingfun]

Big like number 65! Excellent video and thank you so much for sharing!

[@bmartini0073]

Some machines let you click the credit amount and it turns to dollars. 💸 It’s easy when you are betting pennies or single dollars, but confusing if betting odd denominations. Thanks Dave!!😊

[@JonA85-LJ]

Short casino math lesson. For dollar conversion, on pennies take off the last 2 digits. 2c double the number then take off the last 2 digits. Nickels, half the number then take off the last digit. Dimes, take off the last digit. Quarters, divide by 4. 50c is half the number. Everything else is a slight variation (20c is double dimes). 50c is actually the first part of nickles.

[@5877user]

Yes, we cash out often. I’m the bank between me and my husband. If we, as low rollers, hit a nice bonus round, we round it down to an even number and cash out. Set that aside and play our next bankroll $20. Most of the time, knock on wood, we come home with some of our winnings. It’s never the same amount as our bankroll, but we bring what we can home and save it towards our next trip. This last trip, we had $1200 each for 1 1/2 days. $3200. Laughlin Riverside was very good for us. We had free breakfast buffet, was comped two free prime rib dinners. And used our players points for a nice breakfast. We ultimately only lost $200 after playing and enjoying the slots. We don’t always do that well. But at least we lose at a slower rate while still enjoying the games, the meals, and just getting away for a day or two. That’s usually enough for us.

[@lottovegas]

No this is not good! Keep using cash!!

[@irene1655]

Im a basically a cash person daily. I go to bank 1 time a week get cash and use it that week. Am not paying interest on $2 soda at Burger King. Can't fathom paying for a hamburger with a credit or debit card, that had a service fee each transaction, both at point of sale and at the bank. But thats just me.

[@liljoe7171]

C'mon Dave....u kno the answer to your question...people are horrible w/ [actual] physical $$...the amount of debt cc companies are holding is staggering NOW add more digital options...I'm not freakin out to wher I'm buying n hoarding gold/silver bars but I'm just fine carrying around Ben Franklin & sum presidents!! Ha! Interesting...👍

[@Bill-A-DFW]

If I'm traveling to Vegas (for example)...I usually get casino credit (I know most people hate this - but hear me out). I do not like carrying $5,000 - $10000 in cash while I'm flying...That money goes into my 'Gambling Account' at my bank and it's not touched till I get back home from my trip. Upon departure from the casino after my stay, weather I'm up or down, I will put any winnings into my bank account while I'm at Vegas - or another place. If I'm down for that trip, then I just payoff my casino credit when I get home.....

[@GaryWilfong-q7v]

I'd much rather still be able to use cash, instead of "credits" via CDBC's. Cash is much more private, and can't be controlled by the central bank/government. Sometimes I get a bit confused when playing slot machines that convert cash denominations to credits, but it is just something one has to be mindful of.

[@GaryWilfong-q7v]

I should say; "cash can't be controlled as easily by the central bank or government."

[@bobberndt9744]

Slightly off topic : How about the casinos that only give you a TITO for your "change" ? ie: $87.62 - they return $87.00 to you and a voucher (usually good for 30-90 days) for the 62 cents ?

[@GambleSmart]

Oh boy, don’t get me started about that :) it’s a sore topic with me for sure :) might be the rant for tomorrows tip :)

[@shabblabbat]

I save them up and run them through a slot one at a time for a chance at a free spin. The. closer to 1.00 on a 1.00 spin the greater your chance of getting a spin. I hit a $45 line pay 2 days ago on a Dragon Link

[@Linda-mr6ft]

I like donating the money to one of the charities they listed when cashing out your TITO.

[@bobatwood1384]

I use mine form”last chance spins” and on more than one occasion have received bonuses several times. Actually watched a lady hit a 7K bonus on .88 cents she actually was walking away and quickly turned back when the splat of the Major hit

[@richardvillanueva8786]

Take tito to cashier to receive coins

[@tkell31]

I think most machines allow you to convert credits to $s on the screen. I know I do it on the games I play. Had an interesting exp in AC. First day of a four day trip I got up 2k real fast. Over the rest of that day and the next gave it all back. Just lost at everything I tried. Finished the trip even and was left wondering if there was anything I could have done differently, other than just not playing, to preserve that initial win. Have to admit I felt pressure to play since the room was compd and wanted to play because I was going to be there. Kind of off topic, but 2K is a nice win for me so walking away should probably have been a bigger consideration.

[@amandawells-frailey6527]

as far as credits v. dollars, I try to change the slot machine to read $ in the machine, not # of credits. Then I don't have to do math LOL

[@joanneupmann]

We can never allow a digital currency (CBDC) or the gov probably won’t let me gamble 😢

[@raydaypinball]

Looks like your video audio only got encoded on the left channel only, very odd with headphones on

[@DesolatorMagic]

We only think of credits and dollars in terms of units of chicken lo mein and 4 ounce custard dish at the restaurants lol.

[@stephanieklinger9521]

You have good hair

[@JonA85-LJ]

The disassociation of value has been going on forever. As a kid i received an allowance and buying extra snacks were determined if the cash would last the rest of the week. A little older, taking cash out for the week, I found I spent less than if i just used the debit card. Casino comment continue in reply.

[@JonA85-LJ]

In the casio even classic reels obfuscate the value of money ($100 in a $5 Double Dimond machine only shows "20"). I applaud the "firecracker" game because you can switch to dollar amount for cash/bet/win. On Mystery Of The Lamp the dollar value is in tiny print (usually hidden by glare) above the BIG credit amounts for cash/bet/win. Digital wallet wise I only use the on property part (My bank is not connected). I'm newish in Vegas on Boyd rewards but only use digital at Aliante (need to sign up at each property). I go in wth cash and deposit digital instead of collect ticket. I like how can see my progress (up/down/even) after I've exhausted my bills. At that point my brain goes into ATM mode, and while i still put the usual ammount into each machine, having to PIN access more funds has me time to think if I want to stay on a particular machine.

[@Justhavnfun]

Great topic. I don't think the route of cashless is a good thing. I can see a future of possibly registering a card (debit/credit) that's integrated into your players card w/o the need of having a phone. It would make it one less step. Scary thought.

[@JoebDragon]

needs to have no cash advance fees

[@guidoyanovich01]

Thanks Dave. Great things to think about. 👍

[@Ligers81]

No we are not better off with digital dollars or credits. In our every day life we are not better off with digital currency and I hope that we can avoid that at all costs.

[@JackGlick]

Go in with your limit and stash your tickets in your wallet. Once you run out of physical monies then go cash out tickets and leave. Another tip; stay a max of 15 minutes then leave win,lose,or draw!

[@E.Asinus]

RNG not actually being random, couldnt you be missing “blocks” of favorable spins by stopping? Think of that russian hacker who reverse engineered the rng code and had people go play for him

[@backroads82]

I think the casinos would be shooting themselves in the foot in the long run with digital wallets. When credits are all that is there to play by people lose the sensation of the "Dollar" play/win. Credits make me think of credit for a loan and cash is associated with power and winning. Credits are also a way to lose track of actual cash value when you forget or fail to do the quick math to keep trac of the actual cash that you are working with in the machine. They have alrady strayed from what they once were as far as fun and the free comps to entice play. They are essentially saying, Hey come in and buy yourself something to eat and drink then have fun on the floor with our confusing credit machines...and dont for to tip!!...lol

[@michele5327]

Government wants cashless society for total control. Casinos want cashless for ease of bookkeeping. I like old dollars,coins etc. I keep slot on cash amt not credits so I don't get carried away! See ya tonite

[@paulgraves5634]

Great video. I usually say “cyclist, not biker” just sayin’😅

[@fbuckler7331]

Need to go back to gold backed currency. It will be a mess.

[@vickifeeback168]

Digital wallets are very convenient.....too convenient where gambling is concerned.

[@Dmartinez9959]

It's called... Maybe you can no longer afford this activity and find one that you can 🤔🙄🤦‍♂️

[@Gailesch]

Our casinos must be different than yours. We get a Free VIP suite every time we go. We eat whatever we want at any restaurant we want for free anytime we want as many times as we want. They even give us $700. each to play on and $800. for retail shopping! If you're talking about Vegas... I don't think we'll visit. We don't have digital wallets. Our machines are class three. I'm not saying anything against your casinos, but I think you need to find new ones. I won't go there. We gamble with cash only. No credit cards needed.

[@bingobecky1564]

Where is this magical wonderland?

[@sandramalone8401]

It’s difficult to pay attention to what you’re saying because I keep looking at your surroundings….prefer you sitting and talking.

[@GambleSmart]

thank you sandra , just had complaints they are tired of the background :)

[@danield3521]

disappearing rapidly like the "p" from your thumbnail.

[@GambleSmart]

good eye you were the first to notice. was waiting to see if anyone saw it :)

[@1corinthians-138]

I'm holding out on using a digital wallet until we have no choice, hopefully never. Seems too easy to lose either by overspending or someone getting a hold of your phone and stealing your cash.

[@5877user]

That’s why I don’t pay bills or bank online. And I don’t do auto pay because if the phone company, for example, make an error or adds something, most people don’t bother to check if they are using auto pay. I will always want a hard copy to keep informed about my accounts.