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Question of the Day - 28 September 2004

Q:
I saw Anthony Curtis on the Travel Channel running around Las Vegas playing coupons for profit. Honestly, can that be done with regular success?
A:

Absolutely. In fact, some people have, and still do, make their living off of what are known as "coupon runs." The mathematical value of the gambling coupons gives the players a large edge that pays off after a minimal amount of play. Visitors in the know can participate in mini-versions of these runs for small, but dependable, profits.

Where can you get coupons? Lots of places. LVA's Pocketbook of Values is the best. Other magazines and books (such as the annual American Casino Guide) have their own packages they give out as premiums. Many casinos still hand out funbooks; you can access the most comprehensive list of them from the home page of this Web site (under Gambling). You'll often find coupons in the newspapers and freebie magazines. They also show up in your mailbox from direct casino offers. Coupons are occasionally handed out by leafleteers on the sidewalk in front of casinos. Sometimes you'll even get them in showrooms and restaurants.

If you learn how to use coupons to your advantage, you can do very well indeed. There's a story in the coupon chapter of Jean Scott's More Frugal Gambling (a fine place to learn more about them) about a couple who went on an extended coupon run. They played as many gambling coupons as they could get their hands on every time they visited. They started with an $11 bankroll. Two years later, they broke $3,000. It works.

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