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Casinos Credit Line Benefits

They have the highest house edge of any machines in the casino. In fact, no one has ever come out ahead playing them -- ever. They loom in the hallways and lobbies -- brightly lit machines with no conscience, who neither ask for nor give quarter -- or quarters for that matter.

Many a player will rush to them and start pressing buttons, hoping to make a quick withdrawal. And the players pay a hefty, hefty price on these machines because no one has ever won on them. No one has even broken even on them. Ever! I’m not talking about your garden-variety slot or video-poker machines. I’m talking

about those ATM Credit Card Advance machines, sprinkled all over casino creation, that charge unconscionable interest rates of upwards of three percent on a single withdrawal, often adding fees of up to and over ten percent of the total money withdrawn. (Fees? Fees? Isn’t the interest the fee?) Casino players who use these machines are making the dumbest possible move they can make -- dumber than splitting tens at blackjack, dumber than betting Big Red at craps and dumber than playing Sic Bo.

What’s worse, using those currency-sucking monsters is so unnecessary! In fact, no smart casino player should ever give them a look much less a mention when right in the casino sits a flesh and blood human being who will give you money; who wants to give you money; whose job is to give you money, money for free -- with no interest and no fees -- and he or she will also give you anywhere from seven to forty-five days to pay it all back, depending on how much you borrowed. Now, casino players can’t ask for anything better than that other than a win the very next time they play. Yes, I am talking about casino credit.

Every casino has a special credit department whose sole reason for existing is to give away money. (Okay, let’s not be naive. They give it away in the hopes that you’ll lose it in the casino. But that’s so obvious I don’t have to say that, do I?) The upsides to getting casino credit are numerous and obvious. The downsides are small and even more obvious.

Casinos Credit Line Benefits Part 2

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More Columns By Franki Scoblete

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