Mission146
Mission146
Joined: May 15, 2012
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WTflush
July 21st, 2021 at 6:30:56 AM permalink
Quote: unJon

That actually would be structuring!



I'm actually not certain about that if you could advance the argument that you were holding the chips for potential play to be done at a later time.

I mean, yes maybe, if they could absolutely prove that you were doing this for the specific purposes of avoiding being identified and documented, then sure.

Casino chips are not, "Currency," in the sense of being legal tender. They are a negotiable instrument to be exchanged either to or for legal tender, but only to that casino/chain of casinos/or other casinos that will accept chips from an otherwise unaffiliated casino as a negotiable instrument, if any. I imagine that the policies on this vary, but it doesn't matter if they do, because the chips are themselves not currency.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
unJon
unJon
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Mission146
July 21st, 2021 at 6:44:49 AM permalink
Quote: Mission146

I'm actually not certain about that if you could advance the argument that you were holding the chips for potential play to be done at a later time.

I mean, yes maybe, if they could absolutely prove that you were doing this for the specific purposes of avoiding being identified and documented, then sure.

Casino chips are not, "Currency," in the sense of being legal tender. They are a negotiable instrument to be exchanged either to or for legal tender, but only to that casino/chain of casinos/or other casinos that will accept chips from an otherwise unaffiliated casino as a negotiable instrument, if any. I imagine that the policies on this vary, but it doesn't matter if they do, because the chips are themselves not currency.

I donít disagree with you, but DRich posited that the chips were being held to avoid a CTR . . .
The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
lilredrooster
lilredrooster
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Mission146
July 21st, 2021 at 6:45:04 AM permalink
..........................


I would imagine if they're actually enforcing all of these rules that they're pissing off a lot of whales

and a lot of others who may not be whales but who might regularly drop a few thou at the tables

that can't be a good thing for them



.
"𝘣𝘦𝘭𝘪𝘦𝘷𝘦 𝘩𝘢𝘭𝘧 𝘰𝘧 𝘸𝘩𝘢𝘵 𝘺𝘰𝘶 𝘴𝘦𝘦 𝘢𝘯𝘥 𝘯𝘰𝘯𝘦 𝘰𝘧 𝘸𝘩𝘢𝘵 𝘺𝘰𝘶 𝘩𝘦𝘢𝘳"______Edgar Allan Poe
Mission146
Mission146
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July 21st, 2021 at 6:49:47 AM permalink
Quote: unJon

I donít disagree with you, but DRich posited that the chips were being held to avoid a CTR . . .



Partial quote, "...Hide chips to be used the next time..."

I'm inclined to find people innocent, so I assume that he meant to be used (for play) the next time.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
DRich
DRich
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Mission146
July 21st, 2021 at 6:49:48 AM permalink
Quote: unJon

That actually would be structuring!



Yes it would, but like everything if you do it smartly you can probably get away with it.
Order from chaos
Mission146
Mission146
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unJon
July 21st, 2021 at 6:50:21 AM permalink
Quote: DRich

Yes it would, but like everything if you do it smartly you can probably get away with it.



Damn it, DRich! Now I lost the argument! You have admitted the guilt of this theoretical person.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
unJon
unJon
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Mission146
July 21st, 2021 at 6:59:14 AM permalink
Quote: Mission146


I'm inclined to find people innocent . . .

Partial quote.

Thatís called naïvety. Wow, go iPhone automatically adding the dots on top of the i.

I like to assume the worst, so all the surprises are pleasant.
The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
Mission146
Mission146
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July 21st, 2021 at 7:01:13 AM permalink
Quote: unJon

Partial quote.

Thatís called naïvety. Wow, go iPhone automatically adding the dots on top of the i.

I like to assume the worst, so all the surprises are pleasant.



I didn't say that I don't assume the worst about people; I do. I'm inclined to find them innocent in court.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
unJon
unJon
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Mission146
July 21st, 2021 at 7:17:24 AM permalink
Quote: Mission146

I didn't say that I don't assume the worst about people; I do. I'm inclined to find them innocent in court.



The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
moses
moses
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Mission146
July 21st, 2021 at 7:43:11 AM permalink
Back in my commuting days, I didnt want to carry a bunch of cash on me. I told a pit boss what I was doing on sports bets and sometimes Id have to wait for overnight lines etc the next day.

He would let me buy $500 chips. Id cash them and go bet at various locations as they came up. I never thought about structuring. The idea was not to get robbed. A $10K bulge is obvious. 20 chips. Not so much.

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