When you go to play slots in a land-based casino, you may be tempted to just play your coins. This is a big mistake. Unless you plan to spend only a few dollars and you don’t plan to come back at all during your stay, you should get a slots club card.
A slots card is a smartcard which tallies your wins and losses, and records all of your play. Many slots cards allow you to play without inserting coins. Instead, your wins and losses are recorded on the card. At one point, there was a rumor that players who played with slots cards won less frequently. This is untrue. For reasons you’ll soon understand, you should never play slots without a slots card.
The first and perhaps most important thing about a slots card is that it lets the slots casino keep track of how much money you have spent. Simply put, the more you spend, the more the casino values you. In order to keep your repeat business, the casino will give you comps. Comps is short for complementary, and in the context of casinos, it means freebies such as free drinks, free meals, hotel stays, entry to VIP tournaments, and even tickets to shows and events.
By playing with a slots card, and playing only at one casino, you show the casino that you are a valuable customer. In order to keep your business, the casino will do everything possible to make you enjoy your stay. Some casinos will even arrange transportation for you to and from the casino.
In addition to comps, many casinos have a cash back program. They will either pay you back some of your losses or they will give you a percentage of what you have played, regardless of whether you lost or won. Many casinos will give you this money as a voucher which is good for your next visit to the casino. This is their way of encouraging you to come back to their casino.
Another important and often overlooked aspect of the slots card is that it can be used as a record of your wins and losses. If you win more than a certain amount at a casino, you may have to pay taxes on your winnings. If you can show that you lost a similar amount in casinos, you can balance the losses against your win to get a tax exemption. If you played with coins, it is very difficult to provide adequate documentation of your losses, so you will be stuck paying the full taxes on any win. It’s important to note, however, that gambling losses can only be balanced against gambling wins. You don’t get a tax credit for gambling losses.
In addition to the benefits already mentioned, another advantage of being a slots club member is that the casino knows who you are. They will inform you of relevant competitions and tournaments. They’ll tell you about special deals that may appeal to you. They will make sure that you receive personal attention when you come to the casino. If you’re playing slots, and you’re not a card-carrying member of a slots club, you’re giving up all kinds of free and exciting things!