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Bellagio $1.5million heist. What to do with chips?

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December 19th, 2010 at 8:46:51 AM permalink
Yoyomama
Member since: Oct 11, 2010
Threads: 15
Posts: 111
Gunman gets away with $1.5 in chips from craps table:

http://www.lasvegassun.com/news/2010/dec/14/police-robbery-bellagio/

How can he cash them? Go in 6 months from now with a couple thousand, play and then cash out? Then do this every day for the next 750 day?
December 19th, 2010 at 8:59:52 AM permalink
Croupier
Member since: Nov 15, 2009
Threads: 54
Posts: 1092
This is all discussed in this thread
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December 19th, 2010 at 9:01:51 AM permalink
Toes14
Member since: May 6, 2010
Threads: 11
Posts: 350
You have to wonder why he didn't just go for the lesser denominations that would have been easier to cash in. How much trouble would he have redeeming $100 & $500 chips instead of $25,000 chips?
"Oh Gravity, thou art a heartless bitch!" - Dr. Sheldon Lee Cooper
December 19th, 2010 at 10:39:27 AM permalink
AZDuffman
Member since: Nov 2, 2009
Threads: 153
Posts: 2909
Quote: Toes14
You have to wonder why he didn't just go for the lesser denominations that would have been easier to cash in. How much trouble would he have redeeming $100 & $500 chips instead of $25,000 chips?


Probably wasn't a smart criminal and clearly doesn't read this site. Or even watch crime movies. Criminals think of the "crime of the century" by stealing the world's biggest diamond which was on display at Mandalay Bay. Then after they pull off the heist they realize they need to do more than drive down to "Gold and Silver Pawn" to turn it into cash.

What is worth more--a $25K plaque you cannot cash in or 10 "blacks" that you can? The former is useful only as a mug coaster.
"The Roman Empire wasn't planned, but neither did it 'just happen.'"
December 19th, 2010 at 10:52:29 AM permalink
ElectricDreams
Member since: Sep 8, 2010
Threads: 4
Posts: 194
You know, the title of this thread makes it sound like the thread starter is looking for advice on how to handle the $1.5 million dollars in chips he stole.

Which is hilarious.
December 19th, 2010 at 3:15:23 PM permalink
Yoyomama
Member since: Oct 11, 2010
Threads: 15
Posts: 111
Quote: ElectricDreams
You know, the title of this thread makes it sound like the thread starter is looking for advice on how to handle the $1.5 million dollars in chips he stole.

Which is hilarious.


NOT ME!! Last thing I want to do is get locked up with a bunch of losers!

We had a guy this summer at a casino in Niagara Falls Canada (I live in NY) run off with about $10,000 in chips. He tried to cash in the next day at the other casino in Niagara Falls Canada! Needless to say, he is now locked up with other losers.
December 19th, 2010 at 3:30:58 PM permalink
darkoz
Member since: Dec 22, 2009
Threads: 18
Posts: 99
This and the other sister thread have inspired the next story in my "Foolproof" series. I should have it up here in the next day or two.

"A FOOLPROOF METHOD FOR ROBBING A CASINO."

Here's the link for the first story if you haven't read it yet.

http://wizardofvegas.com/forum/off-topic/general/646-a-fool-proof-system-to-beat-roulette/
December 20th, 2010 at 11:24:48 AM permalink
Ayecarumba
Member since: Nov 17, 2009
Threads: 113
Posts: 2032
Quote: Yoyomama
NOT ME!! Last thing I want to do is get locked up with a bunch of losers!

We had a guy this summer at a casino in Niagara Falls Canada (I live in NY) run off with about $10,000 in chips. He tried to cash in the next day at the other casino in Niagara Falls Canada! Needless to say, he is now locked up with other losers.


Yoyo, how did he get caught? Did he try to cash the whole lot at once? Were the chips manufactured with RFID tags?
December 20th, 2010 at 3:08:21 PM permalink
benbakdoff
Member since: Jul 13, 2010
Threads: 17
Posts: 448
Quote: Yoyomama
NOT ME!! Last thing I want to do is get locked up with a bunch of losers!

We had a guy this summer at a casino in Niagara Falls Canada (I live in NY) run off with about $10,000 in chips. He tried to cash in the next day at the other casino in Niagara Falls Canada! Needless to say, he is now locked up with other losers.


The same thing happened at Mohegan Sun in Ct. The State Police were waiting for the guy at his house. He was seen on a couple of dozen cameras, license plate and all.
December 24th, 2010 at 4:32:12 PM permalink
Yoyomama
Member since: Oct 11, 2010
Threads: 15
Posts: 111
Quote: Ayecarumba
Yoyo, how did he get caught? Did he try to cash the whole lot at once? Were the chips manufactured with RFID tags?


There wasn't much detail. The casinos keep it pretty quiet and don't care for any bad publicity. He was playing BJ, and grabbed a bunch of black chips and ran. Must have had him on video. Just heard this from a couple dealers I know.
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Bovada is the only Internet casino endorsed by the Wizard.
Here are my reasons why and my promise of support.