Are $50 bills considered to be unlucky in a casino? I was watching the horse racing network TVG when one of the announcers criticized one of the analysts for doing something that is considered unlucky at the track. Another person chimed in, "It's like being paidd or paying in fifty-dollar bills at the track. It's unlucky." A couple days later, I went to a casino in Philadelphia and cashed a ticket for over $500 in the automated machine. I was paid with ten $50s. Never in 28 years of going to Vegas, Atlantic City, and other local casinos have I been paid in $50s. Is it considered unlucky?
This is a question we receive from time to time, but the last time we answered it was in 2018, so here it is again.
How, when, and why this superstition started is lost in the mists of history, but it's certainly real and isn't just limited to the gambling community. Many non-gamblers subscribe to this belief, though it probably started with gamblers (poker players, in particular) and spread from there.
There's another, chicken-and-egg, part of this scenario as well. Partly because they're considered unlucky, not too many $50 bills are in circulation; hence, they become more unusual and unfamiliar, making them even more suspicious to the superstitious.
As to how it all started, there are plenty of stories and theories. One holds that when Bugsy Siegel was killed, the three $50s he had in his pocket were the only cash he was carrying.
There's also a variation; legend has it that when the Mob ran the town and took out a hit on someone, they buried the body with a $50 bill in the jacket pocket of the victim.
A second variation has it that "Wild" Bill Hickock had only $50s on him when he was shot playing the infamous "dead-man's hand" in that Deadwood saloon in 1876. No source we came across could cite support for this account, any more than there's any evidence of the Siegel connection, so we'd bet a $50 of our own that both of these explanations are entirely apocryphal.
Here are some of the other stories we've run across over the years.
At one point, the $50 bill, as opposed to the $100, was primarily targeted by counterfeiters; hence, gamblers chose to avoid accepting them in case they got stuck with fakes.
Another version has it that a dislike of fifty-dollar bills relates to the Civil War and an antipathy for Ulysses S. Grant, who appears on the front of the bill (and didn't have a great record when it came to money and the economy, either).
The most widely circulated theory is that $50s tend to be confused with $5s and/or $20s, leading to a reluctance to use them in transactions for fear of being short-changed.
We have to say that none of these theories strikes us as particularly satisfactory, but they're the ones we've seen and heard.
In the meantime, one thing we can say for sure is this: If you want to remain generally on people's good side in Las Vegas, it's advisable to avoid the paying for anything or tipping with fifties -- superstition or not.
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