How to Obtain Credit
This brings up a major difference between the casino and the bank. The bank's money, once borrowed, gives the borrower something of value in the end. The casino's money gets the player action at the table, and if that money is lost it has to be paid off, but the player has nothing really to show for it
Therefore, when you obtain credit at a casino you should be aware of the pitfalls of that credit. By studying the content of this site, you'll be in a position to use the credit wisely and without paying a cent for its use.
For most players who want credit the procedure will be pretty standard. They'll be given a credit application to fill out, listing information about bank accounts, credit cards, and financial references. The casino will then verify all this information, some by phone, some by correspondence. It can't be done at once. In most cases, it may take at least a couple of weeks before the applicant's credit is approved.
Because of this time interval, you should plan to get your credit approved before you arrive at the casino to gamble. To do this, you should either write to the casino well in advance care of the credit manager; or, when visiting a casino, you should fill out an application on the spot so that on your next visit you'll have credit.
Sometimes a casino will accommodate a player by phoning his bank to verify his balance and issuing credit based upon the bank's information. But this will never be done after 3 P.M. on a Friday afternoon, and it is rare that credit will be issued just on the basis of a phone call to a bank.
The casino is wary about phone calls, and with good reason. Some years back, a con man defrauded a great many Las Vegas casinos by having an agent (a fellow cheat) answer the phone and verify the man's bank balance and credit, well into the hundreds of thousands, at a bank on the East Coast, when in fact, the man getting credit didn't even have an account at that bank.