What is a funny-money dance actually worth?
Clubs sell dance dollars at a markup and cash them out at a discount. See what a card or scrip dance really pays versus cash.
Questions
- What are dance dollars?
- Club-issued currency customers buy with a card, usually at a 10 to 20 percent markup. When you cash them out the club keeps another 10 to 30 percent. A $300 scrip sale at a 20 percent haircut pays you $240.
- Should I charge more for dance dollars?
- Many dancers set a scrip price that lands at their cash price after the haircut. If the club lets you set prices, that is the move; if not, steer regulars to the ATM.
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