3 ms·
> It's actually really similar to japans Pachinko system where you don't win money.. but you win something that can be traded for money right around the corner.
by balls187 10y ago
> It's actually really similar to japans Pachinko system where you don't win money.. but you win something that can be traded for money right around the corner.
That's how most (all?) real life casinos work too. You get chips, which are exchanged for money.
- Liru 10y agoYeah, but gambling is illegal in Japan. To compare, in most casinos, the casino itself sells you the chips and buys them back. No need to fuss about location since it's all done in one place. In the Pachinko system, you go into the "casino", spend money on a machine, win the "chips" yourself, then go to another "casino" nearby to sell the "chips" for actual cash.
- kgwgk 10y agoIn this case you get balls which are exchanged for a "prize". And then you go elsewhere to get money for it.
- ams6110 10y agoCasino chips are just proxies for cash and they exchange 1:1. They are not an "underground" currency at all. Also you are (presumably) verified to be 18 (or 21?) years of age to gamble in a casino.
- acveilleux 10y agoReal casinos don't use legal fiction and owner stand-ins to separate the gambling part from the redeeming chip part into seemingly unrelated business.
- deelowe 10y agoAnd goods and services. There are plenty of places in vegas that will accept chips as a form of payment.