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The Strike Point Archive 01

30 pieces of silver

If they raise the price of the one pounders to $300 and kept the $10 strikes the same it would cost approxiamately $450 compared to $300 to win the same one pounder resulting in $150 extra dollars per strike profit. This would make up for the loss per $10 strike if enough $300 strkes were minted as 150 $300 strikes earns the casino an extra $22,500. If they lose $2 per $10 strike then 10,000 strikes only results in a $20,000 loss which is easily recoved from the profit on the $300 strikes. I don't know how many current $200 strikes that the casino goes through before they use 10,000 $10 strikes but my guess would be that it is well over 150. If the $10 strikes were not recycled time and time again then the casinos would have something to cry about. In my opinion they should pay the extra cost of the $10's and make the loss up with the $300 strikes and recycled $10's.

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Why wood they do $10 HSP & not the same on $300
Re: Why wood they do $10 HSP & not the same on $30
Re: Why wood they do $10 HSP & not the same on $30
Re: Why wood they do $10 HSP & not the same on $30
Re: Why wood they do $10 HSP & not the same on $30
Perhaps because the weight would not change ...
30 pieces of silver
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Copyright 2022 David Spragg