So I get a lot of table play "freeplay" chip offers but most places outside of CET in Vegas is only one-time use, so instead of gambling on the ~50/50 chance with the "free money" I'd rather GUARANTEE myself as much money as I can. Having said this, what I usually do is play black on roulette with $200 in my FP then put half ($100) on red. Thus virtually guaranteeing me $100 unless 0/00 comes up (maybe drop a $5 bet on the 0/00 split to cover your case in it lands for a cool ~$90). But..... is this the best we can do, win half of whatever freeplay table offer we bet? One can also do the above on banker/player in bacarrat but paying 5% is stupid so I prefer "GAMBLING" with my my 96% advantage in roulette. Also I'd like to know yalls thoughts if the freeplay was for slots (i.e. ReelRewards)... I have something in mind but want to know yalls thoughts first.
Slot free play is worth far more than one-time use promo chips of the same denomination. If you can play it at video poker, you can almost always find a 98% or better return game to play it. For 9/6 jacks, the free play is worth 99.5% of face value. As for how to use the one time promo chips, see Grosjean's article for more than you ever wanted to know about them: http://www.beyondcounting.com/pdfs/beyondcouponsbjfo.pdf Your best option (if you don't mind some risk) is to use them at three card poker.