Vouchers are a type of gambling chip. They are used in casinos to reduce the house edge or to make wagers more affordable.
A voucher is a piece of paper or an electronic representation of a financial instrument that can be used as currency at a casino or other gambling establishment. The vouchers may be redeemed for cash, goods, or services.
Casinos generally issue vouchers at fixed denominations, such as $5, $10, $20, and so on. Players can use the vouchers either to make individual wagers or to combine them into larger wagers.
For example, a player might use a $10 voucher to make a $20 bet. A player can also use vouchers to withdraw cash from the casino cage.
Casinos issue vouchers for two reasons: They want to reduce the house edge and they want to attract new customers. The house edge is the percentage of revenue that the casino earns on bets compared to the amount that players put down.
Reducing the house edge makes it more difficult for players to lose money and increases the chances that they will gamble with money that they could have otherwise put toward other investments. Issuing vouchers also makes it easier for new customers to get started gambling and reduces their need to learn how to play traditional slot machines and blackjack tables.
