Also Read: Goa Casino Guide
|Gaming Chips in a Casino|
What are OTP Chips, Plastic Chip or Paper Token?
Deltin Royale and Deltin JAQK use plastic OTP chips whereas the Pride Group casinos, both on-land and floating, use paper tokens that are still called OTP chips. In Deltin casinos, the chips are given to you inside the casino at the cashier's cage upon presentation of the entry ticket. Pride casinos handover OTP paper tokens to the customers along with the entry ticket at the jetty/main gate itself.
Where OTP Chips Can Be Used
It is important to know that OTP chips cannot be used on each and every game or for each and every type of bet in a Goa casino. Generally speaking, OTP chips can be used on Blackjack, Casino War, and Money Wheel without many restrictions. However, Deltin Group will not allow you to use OTP chips on games like Three Card Poker and Mini Flush. When it comes to Roulette, OTP chips can only be used on outside bets that pay 1:1, like on Red/Black or Odd/Even numbers. Pride Group is more flexible with the use of their OTP paper tokens. That makes it important for you to find out all the terms and conditions governing the use of OTP chips if you do not want any surprises later.
OTP Win on Blackjack
If a player made the bet with an OTP chip of INR 500 on a game of Blackjack and gets a 'Blacljack', i.e. a Picture Card + Ace, the pay-out will be 1.50:1. In this case, the OTP chip will be taken away but the casino will pay cash chips equal to INR 750.
Some Other Terms and Conditions
OTP chips cannot be exchanged for chips of smaller denomination. Say, if you got OTP chips having face value of INR 500, you will need to make a minimum bet of INR 500 while using OTP chips. These chips cannot be used for any purpose other than betting on designated games. Slot games cannot be played with OTP chips.
Real Value of OTP Chips
The name - one time play chips - implies that you can play with these chips only once, until you win or lose a bet made with such a chip. However, if the game results in a tie, the chip remains with you. Imagine a bet made with an OTP chip having a face value of INR 500, if you lose the bet they take away the chip and the matter ends. However, if you win the bet they still take away the OTP chip but pay you with a cash chip of INR 500.
Now if you had made a bet of INR 500 using a cash chip, upon winning the bet you would have received INR 1000 back, the win amount of INR 500 plus your own bet of INR 500. But with a win on an OTP chip, you receive only INR 500. What does that mean, an OTP chip's real value is only 50% of its face value.
Real Cost of Entry in a Goa Casino
If you carefully calculate the net cost of your entry ticket to a Goa casino, you will know that an entry to a Goa casino is never really free. Let us take the example of Deltin Royale's entry fee on a weekday (Mon-Thu) between 4.00pm and 2.00am. There are three entry packages that offer OTP chips:
Basic: INR 2500 (OTP worth 1500)
Premium: INR 4000 (OTP worth 4000)
VIP: INR 7500 (OTP worth 10000)
Deducting the 50% value of the OTP chips you get, the three packages actually cost you entry fee as under:
Basic: INR 1750 (2500 - 750)
Premium: INR 2000 (4000 - 2000)
VIP: INR 2500 (7500 - 5000)
INR 1000 out of these amounts per person will go to the government provided you got a government levy receipt along with your entry ticket. The rest is what you pay for the "free" stuff inside, like the drinks, snacks, dinner, etc.
Just to inform you, there is no entry fee to get into a casino in Sri Lanka, Macau, or Singapore (for tourists). Also Read: Goa Casino Guide
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|Posted by Narinder Singh|