Using a Bookie voids all pays and plays - Caesars Sportsbook
January 7th, 2025 at 1:11:54 AM
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Caesars Sportsbook REFUSES To Pay Manny Cortez' $500,000 Winning Ticket! - Aug. 4, 2024
January 7th, 2025 at 1:30:43 AM
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I feel badly for the guy. However, Caesars is allowed to do what they did. It sucks because sportsbooks take large bets from runners all the time and they know it. What's different here is Caesars had solid proof. I do think he should at least get the original wager back.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
January 7th, 2025 at 4:37:18 AM
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On one hand I have a problem with the book refusing to pay out a legit winner. A casino offered odds. When that much money is bet the machine will lock if the bet is putting the book over their risk limit, requiring management override. So the casino was fine with it.
OTOH, this guy should have asked himself:
"Would an idiot have someone run a six figure bet for themself, then show up at the casino wanting to take half a million out in a duffel bag?"
The answer is "yes" so he should not have done that thing.
Lets analyze.
First, anyone betting at that level knows the prohibition on messenger betting. If they have an ounce of common sense they are at the least not going to brag about it on social media.
Next, his runner would have had to have told him about the experience. At that level a Players Card would probably be required. Even if it is not, KYC comes into play. The runner would have probably wired funds to the cage, if not he would need to answer for the bag of cash slid across the counter. This ain't the Rosenthal Stardust book of the early 70s. The runner would have called him and said, "Hey, Bo, you had better be careful collecting because you have no idea what I had to go thru laying this. We should have been smart and spread it out."
Finally, he shows up looking like Mr. T. That draws attention.
He might be playing a long game of a seven-figure lawsuit. Or he might just be an idiot.
OTOH, this guy should have asked himself:
"Would an idiot have someone run a six figure bet for themself, then show up at the casino wanting to take half a million out in a duffel bag?"
The answer is "yes" so he should not have done that thing.
Lets analyze.
First, anyone betting at that level knows the prohibition on messenger betting. If they have an ounce of common sense they are at the least not going to brag about it on social media.
Next, his runner would have had to have told him about the experience. At that level a Players Card would probably be required. Even if it is not, KYC comes into play. The runner would have probably wired funds to the cage, if not he would need to answer for the bag of cash slid across the counter. This ain't the Rosenthal Stardust book of the early 70s. The runner would have called him and said, "Hey, Bo, you had better be careful collecting because you have no idea what I had to go thru laying this. We should have been smart and spread it out."
Finally, he shows up looking like Mr. T. That draws attention.
He might be playing a long game of a seven-figure lawsuit. Or he might just be an idiot.
All animals are equal, but some are more equal than others
January 7th, 2025 at 5:34:49 AM
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Quote: AZDuffman
"Would an idiot have someone run a six figure bet for themself, then show up at the casino wanting to take half a million out in a duffel bag?"
Anyone who thinks they need a Duffel bag for $500k is not very bright. $500k will fit in a typical plastic grocery store bag.
At my age, a "Life In Prison" sentence is not much of a deterrent.
January 7th, 2025 at 5:50:59 AM
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I’d bring neither. A grocery bag doesn’t sound very secure.
But you are more or less right about the size having picked up $100K in winnings many times, although usually I opt for a check.
But you are more or less right about the size having picked up $100K in winnings many times, although usually I opt for a check.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
January 7th, 2025 at 6:23:46 AM
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There are two different stories being discussed on the net. My guess is it's a combination of both
One story is Manny was actually paid by Caesars to be an influencer for their brand, allowed to video inside their casino and they had a contract that stated he could not make any wagers over a certain amount.
The other story is they denied him for using a bookie illegally.
My guess is it's a combination. He knew he couldn't make such a large wager himself for contractual reasons and sent in his bookie.
This actually makes a lot of sense because the odds of Caesars employees following some random guy on Instagram to notice the posted proof of the bookie is probably pretty high. But not if he is a paid influencer. Suddenly it makes a lot of sense they are actively following him on Instagram.
I suspect their argument is going to be they paid him as an influencer and while they are checking to see how it's working out for them they see him posting about bookies making bets. Not the type of influence they want or need. So they took action and hence the ban and refusal to pay.
One story is Manny was actually paid by Caesars to be an influencer for their brand, allowed to video inside their casino and they had a contract that stated he could not make any wagers over a certain amount.
The other story is they denied him for using a bookie illegally.
My guess is it's a combination. He knew he couldn't make such a large wager himself for contractual reasons and sent in his bookie.
This actually makes a lot of sense because the odds of Caesars employees following some random guy on Instagram to notice the posted proof of the bookie is probably pretty high. But not if he is a paid influencer. Suddenly it makes a lot of sense they are actively following him on Instagram.
I suspect their argument is going to be they paid him as an influencer and while they are checking to see how it's working out for them they see him posting about bookies making bets. Not the type of influence they want or need. So they took action and hence the ban and refusal to pay.
For Whom the bus tolls; The bus tolls for thee
January 7th, 2025 at 9:28:18 AM
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If the bet is voided, how can they not return the original bet?
The older I get, the better I recall things that never happened
January 7th, 2025 at 11:18:30 AM
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LOL ... Mr T with a duffel bag!Quote: AZDuffmanhe shows up looking like Mr. T.
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I thought this guy was an ex-pro athlete maybe? Apparently not? he just seems to be an "influencer" who somehow has the cash to make big bets and show them on Instagram. Where is all that cash coming from?
I think it is even possible this is all fake
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!” She is, after all, stone deaf. ... Arnold Snyder
January 7th, 2025 at 11:12:48 PM
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Can the runner come back and cash the ticket?
As far as I know, casinos are supposed to be agnostic to your source of funds, and they are responsible for KYC, SAR, CTR, all that jive. In that case they know who placed the bet and that same person should be entitled to be paid. Whether he got that money to place the bet from his salary, or robbing a bank, or getting it from Manny Cortez is not something they would know or be in any position to investigate in any other case so I don't see why it would be an issue here.
As far as I know, casinos are supposed to be agnostic to your source of funds, and they are responsible for KYC, SAR, CTR, all that jive. In that case they know who placed the bet and that same person should be entitled to be paid. Whether he got that money to place the bet from his salary, or robbing a bank, or getting it from Manny Cortez is not something they would know or be in any position to investigate in any other case so I don't see why it would be an issue here.
