How many chips do I need for an underground casino? (63 Viewers)

[LindaDorchen]

If I win Powerball and build a mansion, I’d like a portion of my man cave to be a casino. After I invest in a hot dog roller, I’ll need to order tables (craps, roulette, baccarat, blackjack), which is straightforward. But then I get to buy chips. How many do I get to buy?
Assuming full sized tables, what do you think?

 

[iLogik]

 

[TX_Golf_N_Poker]

 

[Kid_Eastwood]

View attachment 1476828

 

[TheRealTeddyKGB]

 

[LindaDorchen]

I think I tripped some kind of inside joke/ forbidden question. Like playing Stairway to heaven in a guitar shop!

 

[chipinla]

Somewhere between 700 billion and a trillion 300 million billion.

 

[Mojo1312]

If I win Powerball and build a mansion, I’d like a portion of my man cave to be a casino. After I invest in a hot dog roller, I’ll need to order tables (craps, roulette, baccarat, blackjack), which is straightforward. But then I get to buy chips. How many do I get to buy?
Assuming full sized tables, what do you think?

Ten for every hot dog sold.

 

[philhut]

If I win Powerball and build a mansion, I’d like a portion of my man cave to be a casino. After I invest in a hot dog roller, I’ll need to order tables (craps, roulette, baccarat, blackjack), which is straightforward. But then I get to buy chips. How many do I get to buy?
Assuming full sized tables, what do you think?

What do you plan to do with your fantasy casino?
I have a vague backup plan for after the bombs fall (grid down, whatever you want to call it scenario)
I plan to open "the hunger games casino", where players will bring items of food in lieu of worthless cash that will be exchanged for house credit....then after they play they can take their chips to the prize table (like a ticket arcade) and claim their prizes...you could come with a can of peas and leave with a turkey and a jar of mayonnaise (A big winner!)

For that I assembled (ok not specifically for that but jokes aside "I could").
- a large cash set of over 5k chips, plus another cash set of primary/secondary chips that also reach roughly the same cash value. You may also want a large ncv set for tournament play.
- 1 poker table with a rake will require significantly more lower denomination chips than you think to fill the box.
- your minimum/maximum bets and table odds will dictate how how large your chips bank should be. If the odds offer a 25× or even 100× payout then you will need to have enough chips to cover that plus+ more.

I figure it could handle up to 1-2 poker tables, 1 blackjack and 1 roulette or some other combo of 4 to 5 table games or up to 10 table poker or blackjack tournament play with the sets i have for low to moderate stakes.

That aside you will then need to consider security........ the more ambitious you get you would need even more security.

So unless your buying a set as a backup for being a prepper I don't think you'll find yourself running an economical underground op or info here that will answer your question well.

 

[WedgeRock]

If I win Powerball

How many chips do I need for an underground casino?

All of them.

 

[BirdCage]

An accurate answer will require your exact “proposed mansion” address.

 

[BEANO52]

'bout 350

Spoiler

Thousand, 350,000 should do it

 

[Moxie Mike]

I think I tripped some kind of inside joke/ forbidden question. Like playing Stairway to heaven in a guitar shop!

These dorks never miss an opportunity to recycle their favorite meme for the 100th time.

If I win Powerball and build a mansion, I’d like a portion of my man cave to be a casino. After I invest in a hot dog roller, I’ll need to order tables (craps, roulette, baccarat, blackjack), which is straightforward. But then I get to buy chips. How many do I get to buy?
Assuming full sized tables, what do you think?

I think the probability of you getting a serious answer to your question on here is about the same as you winning the actual powerball.

 

[chipinla]

Ten for every hot dog sold.

That’s a lot of sandwiches.

 

[PixelatedPunk]

I think I tripped some kind of inside joke/ forbidden question. Like playing Stairway to heaven in a guitar shop!

 

[toothpic]

I think more information is needed to answer the question.

How many tables do you plan to run?

What stakes do you plan to play/host?

Do you plan to also host tournaments or only cash games?

Give or take, 1000 chips per table should be plenty, but if you spread multiple levels of stakes then you'll need more top end chips. Especially if you're hosting other games besides poker.

 

[PixelatedPunk]

You are also going to need a poker waitress...

 

[DrStrange]

Can't go wrong with 250,000 chips. For someone winning hundreds of millions of dollars, the price of the chips is pocket lint.

Go BIG (and host a mansion meetup) -=- DrStrange

 

[chippitydoodah]

I've never saw @LindaDorchen and @curlyhairpoker in the same room together.

 

[TX_Golf_N_Poker]

I think I tripped some kind of inside joke/ forbidden question. Like playing Stairway to heaven in a guitar shop!

1. You started your question with winning the powerball
2. You're building a "man cave" but your screen name is Linda.
3. You've been on PCF for 4 years and have 15 posts.
4. Everything about the question is rather extreme.

Taking all this into account, I suspect we all took your "question" as less than serious.

 

[Machine]

You are also going to need a poker waitress...

yeah you fit right in!

Assuming full sized tables

I think it is an easy calculation from here -

Assuming full-sized tables, you take the circumference of each table multiplied by πr² divided by unique table games, then just multiply the rake plus the area of your floor. Once you have that, you'll have the average bank. You'll need to cover all of it, and then just add another 10% so you never have to worry about having more money on the tables than in your bank.

 

[WedgeRock]

 

[Highli99]

There is a new member looking for poker waitress gigs. I think she would be perfect for your “underground” casino. Recommend checking her references first.

Also, I have an open auction for some grand Vic’s that would be perfect for your operation. Please bid here.

 

[Tonysquander]

2 racks of $5s are plenty for a multi-table set up.

 

[LindaDorchen]

These dorks never miss an opportunity to recycle their favorite meme for the 100th time.


I think the probability of you getting a serious answer to your question on here is about the same as you winning the actual powerball.

So you’re saying there’s a chance!

 

[LindaDorchen]

There is a new member looking for poker waitress gigs. I think she would be perfect for your “underground” casino. Recommend checking her references first.

Also, I have an open auction for some grand Vic’s that would be perfect for your operation. Please bid here.

Unfortunately I don’t think 80 more chips would make a big enough dent.
And unfortunately for her, I’m in Seattle, not LA.

 

[Phantom]

 

[Cratty]

2 racks of $5s are plenty for a multi-table set up.

To add, around here 2 racks of 5s is called a doublebooyah. Any more than that would be a silly amount of booyahs.

 

[chippitydoodah]

View attachment 1477059

Are you calling @LindaDorchen a Big Pussy?

 

[RadicusScout]

I feel like this is one of those obtuse management consulting interview questions. "How many golf balls fit inside a 777?" (The answer is ALOT)

So... let's break this down.

Taking inspiration from Teddy KGB's club, we can estimate there is enough space for 10 tables. In the opening scene, we can count 5 actual tables and we also see another table folded up and propped up against the wall. This suggests the space can accommodate a bigger crowd. I'm doubling the 5 table count for this estimate because this is Teddy KGB we're talking about.

So, if we give you the same footprint as Teddy KGB because you're now flush with Powerball money, we can safely assume you're going to need chips for 90 people at max poker occupancy. You mentioned you wanted to run craps, roulette, blackjack, etc. Those table games don't run more than 9 people per table so you're conservatively maxed at 9 per table anyway.

Since this is an underground casino, I am limiting the rebuys at 1.5x. My assumption is that since this is an underground scenario, patrons will be less likely to draw attention to themselves and engage in boastful behavior.

Therefore, my back of the napkin math gets us to 10 tables at 9 people per table with 1.5 rebuys per person.

I break down the actual chip count here: https://tinyurl.com/HOWMANYCHIPS