Do Casinos Take $100 Bills? An Insider‘s 2023 Guide on Cashing In Big
As a Las Vegas regular dropping bills from Jackson to Grant on everything from late night blackjack sessions to $500 slot pulls, the question I often get is – do casinos even take $100s anymore? So let this passionate gambling enthusiast set the record straight…
The overwhelming majority of casinos accept $100 bills today. While digital payment use grows every year, casinos know their VIP customers still carry – and prefer to play with – cold, hard cash. That means $100s almost everywhere on the floor.
But between newer security features that can confuse bill validators and staff wary of counterfeits, successfully spending those Benjis does take some insider know-how.
So whether you‘re buying in with the last C-note in your wallet or walking the casino with thousands, use this 2023 guide on getting $100s accepted anywhere there‘s action.
A Statistical Look at $100 Bill Casino Use
Latest industry data confirms $100 dominance as the top cash denomination across casino resorts:
+-------------------------+-------------------+
| Bill Type | Acceptance Rate |
+-------------------------+-------------------+
| $1 | 55% |
+-------------------------+-------------------+
| $5 | 83% |
+-------------------------+-------------------+
| $10 | 87% |
+-------------------------+-------------------+
| $20 | 95% |
+-------------------------+-------------------+
| $50 | 97% |
+-------------------------+-------------------+
| $100 | 99% |
+-------------------------+-------------------+Statistics Source: 2022 North American Gaming Almanac
With near universal adoption, those centuries and Ben Franklins buy access to practically any game or machine across the 150+ Vegas resorts.
But even with reliable technology like bill validators, user errors and misconceptions still abound…
Why Your $100 Was Rejected – And How to Fix It
Nothing hurts more than the humiliation of a rejected sawbuck. Before blaming the dealer or machine, recognize that today‘s tech-enhanced currency can cause hiccups.
Know the Law – U.S. casinos face strict anti-money laundering regulations requiring verification of large cash transactions. So don‘t be offended if staff takes extra precautions in accepting $100s.
Check Condition – Heavily worn, damaged, or older-series bills risk rejection. Visit the cashier to swap out for crisp, clean notes showing Washington‘s smiling face.
Unwrap Fully -even a small portion obscured under tape or paper causes readers to balk. Peel off wrappers completely before inserting.
Examine Both Sides – often only one side of a bill makes contact with the scanner. So if problems persist, flip over and retry.
Avoid Rescanning – continually reinserting the same rejected note rarely works and risks damaging mechanisms. Again, let the helpful cashier exchange it.
With upcoming currency redesigns set to combat counterfeiting, both cash handling and acceptance technology will advance. But carrying competent condition $100s today already ensures maximum use anywhere on the floor.
Estimated Hourly Loss Rates Based on Stakes
Gambling with larger bills often links directly to bigger bets and faster losses. Here‘s how that $100 buy-in might drain over 60 minutes of play:
| Game | Avg. Bet | Bets/Hour | House Edge | Est. Loss/Hour |
|---|---|---|---|---|
| Slots | $10 | 300 | 5% | $150 |
| Blackjack | $50 | 100 | 1% | $50 |
| Roulette | $100 | 60 | 5% | $300 |
| Sportsbook | $500 | 12 | 5% | $300 |
Table assumes average bets proportional to bill size
As shown, wasting $100 bills instead of $5 or $10 notes can accelerate losses up to 3-6 times. So budget carefully when cashing in big, or risk running broke fast!
Top Las Vegas Casinos for $100 Bill Acceptance
While nearly all Vegas resorts take $100s in 2024, these properties stand out for their cash handling capacities across all games:
+-----------------+--------------------------------------+
| Property | Notes |
+-----------------+--------------------------------------+
| The Venetian | High limit tables catering to whales |
| The Palazzo | Bill validators on every slot |
| Caesars Palace | Credits/debits $100s in seconds |
| The Cosmopolitan| Advance ticket redemption kiosks |
| Wynn/Encore | Rapid change carts across floors |
+-----------------+--------------------------------------+Their world-class cashiering services and expertise with VIP gamblers ensures $100 bills get you into the action faster. No carrying around awkward stacks of 20s required!
Proper Casino Etiquette with $100 Bills
While completely legitimate, $100s do require some extra care and respectful handling compared to smaller denominations:
- Discreetly carry folded or clipped rather than waving around loose bills
- Politely unfold & flatten when paying at tables without waving in faces
- Go to cashiers when bills exceed pockets rather than stashing under machines
- Double check payouts but avoid repeated recounting in front of staff
- Stay patient if additional verification or marking occurs, but clarify reasons if unclear
Essentially, treat $100s as the VIPs of cash they are! Smooth, professional conduct puts staff at ease while projecting the image of a serious player rather than sloppy gambler.
While casino technology modernizes every year, those "C-Notes" aren‘t going anyway anytime soon. Savvy gamblers keep a stack handy to get into the big games faster and capitalize on hot streak Lady Luck bestows.
Just avoid overspending budgets, keep bills neat and clean, and use proper etiquette, and the casinos will keep those Benjamins betting all night long.
So next time someone asks if they can play $100 slots or bet Franklins on craps, tell them to grab the cash because the casinos are ready to take it!
