Are markers at casino same as checks?

Question

how long do i have to make good on casino markers

Answer 1

30 days on most casino markers. They usually use a checking account and credit check to see how much they will extend to you. If not paid you can face the same penalties as you would for a bad check. They can sue you for the amounts and so on.

Answer 2

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Answer 3

A casino will establish a line of credit for you depending on the amount of action you give the house, your credit worthiness based on information they have. The advances against that line are " markers " or loans. The casino usually expects payment prior to leaving the premises. The " High Rollers " may get different treatment .

Answer 4

When you establish credit with a casino it will either be in the form of front-money deposit or credit line.  

If it is front-money, then your draws will be deducted from your money on deposit and the balance will be returned to you.

If you establish a credit line you will be required to give the casino enough information to set up your account.  Most casino will require you to sign an agreement that allows them to charge your checking account.  The marker you sign at the table will usually be written in to form of a "counter check," which your back will honor.

Different casinos have different agreements and there may be room to negotiate if you talk to your host.  Some will hold your marker for one week, others for up to one month.   Find out at the cashier when you set up our account.  If you are going to be visiting for an extended period, talk to your casino host about holding your markers until a couple weeks after the end of your stay (so you have time to either clear them or get money into your bank account before they are cashed).