Casinos cashing checks is a controversial issue- most especially if it’s a paycheck. However, it has already been a common practice in casinos nowadays. It seems beneficial to players since they’ll be able to save time and a trip to the bank by using the check itself to play their favorite casino games.
- 1 Is it a good idea to cash checks at casinos?
- 2 Promos Offered for Cashing Checks
- 3 Which casinos cash checks?
- 4 Policy of Casinos for Cashing Checks
- 5 Easy Process for Cashing Checks
- 6 In-house Check Cashing Line
- 7 Electronic Check Cashing (Telecheck)
- 8 Credit Line
- 9 What are the negative effects of casinos accepting checks?
- 10 Why is cashing checks in casinos being questioned?
Is it a good idea to cash checks at casinos?
For players, it can be a time-saver to cash a check inside a casino. They won’t have to travel and wait for a long time at banks and they can just get started on their favorite online casino games. However, if payroll checks are being used, then it’s a different case since it somehow promotes spending a lot on gambling.
Promos Offered for Cashing Checks
Casinos often have various promotions during payday. At some casinos, waitresses will go around and offer free margaritas for every paycheck cashed out. It’s the standard promo of casinos–either a free drink or a free spin for every cashed check.
Which casinos cash checks?
Not all casinos are willing to cash checks. In fact, only casinos under the management of Station Casinos and Boyd Gaming are known to cash checks since these casinos are very popular with the locals.
Policy of Casinos for Cashing Checks
The standard requirement when cashing out checks is a valid ID with a photo and an active credit card. Successfully cashing a check will still depend on its type. There are different types of checks including payroll, personal, traveler’s or cashier’s. It depends on the casinos since only a couple of these types of checks could be accepted. However, cashier’s checks are usually not accepted at majority of casinos.
Easy Process for Cashing Checks
Some casinos offer several options for cashing checks. Any of these options will make the process easier and hassle-free. The customer can usually choose from the following options:
- In-house Check Cashing
- Electronic Check Cashing
- Credit Line
In-house Check Cashing Line
If the player goes with the In-house Check Cashing, here are some of the benefits that he’ll get to enjoy:
- He’ll be able to write a check up to his available or approved amount in his Check Cashing Line.
- He can cash checks directly from the slot machines.
- He can purchase his cashed checks back.
Electronic Check Cashing (Telecheck)
If the player wants to try Electronic Check Cashing or Telecheck, these are some of the things that he’ll get to enjoy:
- A small fee of $5 for every cashed check below $500.
- He can write personal checks as long as the amount is within the approved limit.
In order to avail the Electronic Check Cashing or Telecheck, the player must first present his check along with the last four digits of his Social Security Number must be included. Once the customer has successfully gone through the initial enrollment, he’s no longer required to present the physical check for future transactions.
Credit line is considered to be the best option among the three. This option will let the player get the chance to draw markers and cash personal checks as well. The customer will also be given a chance to increase his credit limit within 90 days.
What are the negative effects of casinos accepting checks?
Although it can be pretty convenient for a lot of casino enthusiasts, it can also be quite destructive to a person’s finances. Some people who are really fond of gambling go straight to casinos after each payday. The sad part is, instead of cashing out his paycheck before grocery shopping, hardcore casino players will go straight to their favorite casino and cash out his paycheck there. If the player unfortunately lost a lot that day, his entire paycheck might just go to waste.
Why is cashing checks in casinos being questioned?
A lot of concerned citizens are alarmed that this kind of thing is happening. Since gambling is considered to be more of a hobby, it’s strange how players are given the chance to waste an entire paycheck on just a day of having fun. Some argue that checks can’t be used when watching a movie or playing at a bowling alley, so why should it be cashed just for gambling purposes? The addition of offering free drinks in exchange of cashing a check is also very problematic to a lot of people.