"Marker please".....Getting credit at a Land Casino....

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    Last post ago about 7 years by drpsyce38
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    PMM2008

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      • Avatar 31779

        PMM2008

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        Hi Gang:
            Any of you ever gotten a marker at the casino? Any big rollers out there?  Saw this ad for understanding how to get credit at a casino.

                  Markers, your ticket to royal treatment...
        If you are a gambler who always plays for cash, perhaps you have envied the player who walks up to the table,
        says “Marker please,” and gets a bunch of chips by merely signing a piece of paper. You can easily do the same,
        if you want. And you should, if you play a lot at one casino during a gambling trip. Markers are IOUs, like
        checks, paid out of your line of credit at the casino. Playing on credit is not only more convenient than carrying
        money around, but will also get you some free hospitality.

        You apply for credit at a casino in the same way as at a department store. Get an application from the cashier’s
        cage and fill it out, or get one by mail if you wish. The most important information requested concerns your
        checking accounts: which banks, what account numbers. No other assets interest them, so don’t bother to show
        brokerage, savings, or money market accounts. They want to know if you can write a bank check for the amount
        of credit that you want, and they want to verify your balance. You will be asked to sign a statement that allows
        them to do that. No doubt they will check your credit history also. The form will also ask for the amount of
        credit you want. Often the credit approval will be for half the amount requested, so if you want $10,000 credit
        ask for $20,000.

        It will take a week or two to get the credit approved. You should get a notice of approval in the mail or e-mail,
        but you may have to call the cashier to find your status.  They won’t check again unless you ask for a larger credit line or some of your checks have
        been returned. A warning: On future trips, don’t wait until you get back to hurriedly put money in your account
        to cover checks you have written. This may result in a notice of “Uncollected Funds” on checks they return to
        the casino. Uncollected funds represent bank deposits that are there but not there long enough (5 days?) to be
        paid out. Even though the checks will be honored when the casino sends them in again, they don’t like it, and
        it will be a black mark on your record.


            Now I play at the land casino alot, but never thought of getting a marker. I ethier use my debit card, on on occasion write a check to avoid the ATM fees. I feel like only the BIG rollars get Markers.  Anyone have any experience in this?

                                                                        PMM
               
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        drpsyce38

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        • Avatar 10150
        I use markers when I go to A.C.  I just don't want to carry that much cash around.  Every other trip the up mine about $5000.  But, I have not maxed it out anywhere close!

        And you DO get royal treatment.

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