Daily Tip: Digital Wallets Are Here! What You Need To Know!
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- เผยแพร่เมื่อ 28 พ.ค. 2024
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Not a chance. There's absolutely zero chance we will be using a digital wallet. We will never put a debit card or similar in a machine. Especially after the breech that took place in Vegas before. Too much can go wrong, and all it takes is one time. It's cash or nothing for us.
The system we use in Australia is simpler, better. It’s been in use for about 4 years now.
Thanks for showing this to us. I won’t be using it, now that I’ve seen the good and the bad. Really appreciate you taking the time to make us smarter and safer gamblers.
Welcome back Dave. Great tip today. I've commented how I've been using it. When I signed up I was asked to add a card but said no, here's $200 load that on there and off I went with my bankroll. Taking wins on the go has helped build my bankroll. Wasn't aware I could use it to shop/eat. Cool. 👍
The shop part is very new, soon it will
be at all the restaurants and shops but for now very limited.
Question: Why does Class 2 machines earn "Rewards Points At A Reduced Rate" compared to a Class 3 machine?
Better win rate. Same reason video poker has a worse payout. Anything you can win at with decent frequency is going to be rough on points. Best on points is your lotto style link machines etc. But they'll run your pockets fast.
They do this at Lauberge and Delta downs for some time now in Lake Charles La.
Wow I go to Delta every month and didn’t know this. Do I have to sign up for it at the Cashier?
Everyone said they would refuse to have a device that listens to them in their home when Alexa came out. Now everyone has an Alexa. It may take a while to catch on, but when this becomes the main option, convenience will eventually catch on. That’s my guess. But I’m a wrong a lot. I could see how this will become common when someone doesn’t want to run to the ATM. I could see the next generation who never carry cash like this option. Our money is digital. This is just the next step.
Morning Dave
Great detailed explanation with hands on viewing. My positive item is, "I don't hv to carry cash around the casino."
That's a big positive to me.
Oh question: when u hit a hand pay can they load it on yr card or do u hv to be hand paid and then load it onto the card.
I'm not a fan of everyone seeing u get a hand pay.
😊😊
great tip Dave......however, I will not use this, call me old school but, that's the way I like it
Thanks for the info, but I won't be using this either. Too much temptation to play until broke or in debt.
Nope. Not a chance.....u can hav my "digital wallet "....thnx for the info anyway. Congrats on your tuff mudder.👍
I will agree it’s not for everyone, thanks joe!
You will, I bet you said the same thing about credit cards .
Wow $9 for each transaction is very high. At this time, I think I will pass on using the Winstar wallet. Not a good fit for me. Thanks for a very informative video.
Nope. You know how many times I've left my players card in a machine throughout the years....
The ones I use are tied to the app and Bluetooth not the players card . You just hold ur phone up to it .
@@jw8927 that I could handle lol. Im the guy who forgets his card everywhere.
The card readers and pin pads gonna need an upgrade at my local casino if they want to adopt this system 😂
Hard Rock Tampa has digital wallet also. Not for me I use GSGS budget envelopes and put budget for sessions in them. Works fantastic for me!
Love the wallet system, I’m all for it. I never carry cash and hate withdrawing it at the atm. Hopefully it comes to PHX 🌵
Resorts World had this. I'm in software design and blockchain tech and this is "we hired a garbage lowball contractor" level. I refused to use it.
I do agree about the negative issue of cost to use like an ATM basically.. the $9 charge, imho, is way too high for starters .. the ability to set a deposit limit until you change it and/or limit per x number of hours/days would be a good enhancement feature.. no word on if that will be in any future update. That said, it all does work pretty easily once you understand the players card determines how the print button works. I personally like it, but at $9 to load external funds, thats a nice to have feature that will prob never get used by me anyway, its way too high of fee.
Casinos I go to reimburse me for ATM , or no charge at cashier for check withdrawal.
I'm neutral on this but if it were to be forced I'd be against it for a lot of reasons...I like physical cash/chips/etc...(it's part of the experience), also I don't like tech stuff apps etc.
no sir, i don't like it. Resorts World in Vegas offered this from the start. No thanks Dave, ty for the info as always. good luck out there
Good Morning Dave, Thanks for the tips. Have a good day
Note the psychological angle they gave in naming that card. "WINSTAR" ( when you "Win" with this card, you are a "Star!" )
Not for me. Thanks for sharing; I enjoy your channel!
I like the concept but I don't like using any type of debit/credit cards because my wife & I have had cards skimmed on a few occasions. We like paying with cash and keep all of our cards locked now. Plus to me it seems like having the digital wallet for the casino is a better way for the casino and IRS to keep track of a persons winnings/losses for tax purposes.
The one pro about this for me is that I wouldn't need to bring a physical card with me at all. Between the wallet and google pay I have no reason to even bring cards.
Interesting
Thanks Dave. My local has this wallet feature, and I wondering how it works. Nope I'll pass on it. I have a status that it costs me -0- to pull from my checking account, if I need. I do have a limit on it.
Thanks for the info. I'm gonna give it a try.
This is how they will keep track and tax you on ALL your wins, not just $1,200 and over.
If (when) they start doing this with table games, it's all over. No more gaming.
They are already tracking all of your win and losses through your players card the differences is that they don't have to report it to the IRS unless it's 1,200 or more on a single spin.
@@GambleSmart Yes, true, but the IRS could start requiring wallet reports once everyone is forced onto the system.
@@vodkatonic814 if they do that back to cash
Having it both ways makes me want to try it. I like to put winnings in my gamble box. I’ve been wondering what the card slot was for in the new redemption machines at my local. I don’t bring debit card to casino to avoid temptation.
Tired of rifling through your pockets or purse to find your last wrinkly dollar? Worried that someone might ignore the tipped chair and steal your jackpot when you go to the ATM for the 5th time? We have a solution! Link your checking account and credit card directly to a slot machine!
That card thing has been going on for a couple years now at the casinos I visit,this is not new
If they completely go to the system they're going to lose a lot of slot players. Not a good idea.
I doubt they will fully replace cash in/out in the foreseeable future.
Everyone should be required to have their paycheck direct deposited to a casino.
Thanks for sharing this! Nobody is going to want to link their real bank account. Maybe this works using an entirely different bank account with limited funds. A digital gamble box would be cool.
Nobody? Everyone gambling online is using electronic banking transactions instead of cash. That's projected to be over 23 Billion dollars this year. Clearly there are many people fine with not using cash.
I use it like a lockbox. I go with say 500 bucks. Play 100 on a machine. If I double I cash out to the wallet. If I lose 50 I cash out to the wallet. When I am out of cash, the session is over and I go to the cashier and withdraw
Man that's a convoluted mess. I think I'll stick to the leather wallet. I can't see the casinos going to this unless there is an upside for them and that would mean there's a downside for the player. Side note, if you ever pull money against a credit card you have been playing too long.
I have daily withdraw limits on my ATM card. Wondering if depositing to the wallet will trigger them or if it's more like a purchase where I have no limits set on my card. It would not be good if this bypasses a person's limits set at the bank. Also if using a credit card would it be considered a cash advance or a purchase? I have cash advances blocked on my credit cards. I'm disciplined enough so shouldn't be a problem. But I would still be bringing cash with me. I would just deposit my session bankroll into a machine and then into the wallet. Then I would load my budget for each game from the wallet. That is better then having to track how much you spent from an inserted voucher. It would also save many trips to the redemption machine. Can you withdraw to your bank and what charges?
Oh no!!!!
Is that the ONLY option with your player card??
Every does the winstar wallet and i would consider them a leader at this point in the realm.
No fricken way!
Hey David- HI
Do you know how to get permission to film at MGM Grand. Not a channel, as I want to film some of our Cherries play. We will be there next week?
Please advise if you don't mind sharing.
Thank you
Christine
If you win a handpay at the casino, can the casino deposit that in your wallet rather than paying you cash and when you withdraw, can you deposit your winnings into your checking account?
No way
Thaks for the info....not for me....
I won't be using that if Vegas starts to use it, it's too dangerous. Having to put in your pin number multiple times is a security feature, but there will be a lot of criminals that will be roaming to scout to find out your pin and then steal your card or worse, you leave it in a machine. Free play and earned play is one thing on the card, but it's far less than what you can put in on that digital wallet.
I will never use this.
Man, you better really protect that PIN number so nobody sees you enter it!
Not for me!!
Hell no !
No i dont want digital currency, cash is the last freedom we have
Thank you for making it even more convenient for me to give you my hard earned money. You really went out of your way for this. I think Apple used to call this …courage.
Not for me
Watched. Thanks for the info, but -- Cash is King. This is really a bad idea and people should realize that too many bad things can go wrong. 😘🍀🍀🍀🌹