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Old 04-01-2005, 01:24 PM
VARoadstter's Avatar
VARoadstter VARoadstter is offline
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Location: looking for a soft 2-7 lowball game
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Quote:
Originally Posted by jojobinks
thanks. what about if you alternate games. if we used these on a tourny night, would you worry about them likewise "floating" to cash game night?
Good question, and not one that can be answered easilly...

Bottom line, here's the best procedure I know of to avoid possible problems with chips coming into your game improperly:

1) Security - Your chips must be difficult/impossible to counterfeit. If you use dice chips you are going to get cheated.

2) Denominations - Chips used in cash games should always have a set denomination on them so they may be readilly exchanged for face value. It is possible that a player could end up with a few chips in their possession. If they have a specific value on them, there is no question as to what value the host should redeem them.

3) Accounting/Auditing - As a general rule, chips dispensed should be logged as they are being passed out (lots of TD software available can automate this). At the end of the night, spend the 5-15 minutes necessary to physically count your chips - this gets easier the more often you do it as you develop proficiency in stacking off chips.

This isn't just paranoia (I'm sure some would think so). I have been on both ends of this issue. In one instance a good friend ultimately had to stop hosting games because he was constantly coming up short and couldn't explain why. Everyone had their suspicions but it was impossible to know for sure because there was no security. In a game a few weeks ago I noticed I was missing some 25s and had to search all over to find them (they got put in with the wrong set).

It's usually -EV to host anyway (since taking a rake is a no-no) but when you're also paying out more money than you took in it can break a game in a hurry.

I know that's a long explanation to your question but that's truthfully the only way I know to do it right.
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