ThatDonGuy
ThatDonGuy
Joined: Jun 22, 2011
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August 20th, 2020 at 9:29:27 AM permalink
Quote: Ayecarumba

Does the machine “read” the results, or does the stick need to enter the results of each throw?

How do tips work?


The stick enters the number - I assume this also allows the stick to change the numbers to the matching card values in places like California that have to use "card craps"

Tips are entered by the player on the player's screen
ChumpChange
ChumpChange
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August 20th, 2020 at 11:48:59 AM permalink
If I get the dice to stick on the landing, is the dealer gonna keep telling me to hit the wall?
ChumpChange
ChumpChange
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August 21st, 2020 at 3:00:30 AM permalink
Why does $1200 send the alarm for the tax brigade? | Craps Forum - Jan 7, 2016.
http://www.crapsforum.com/threads/why-does-1200-send-the-alarm-for-the-tax-brigade.11375/
100xOdds
100xOdds
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August 21st, 2020 at 9:06:22 PM permalink
Quote: sltploppy

I was at my local this evening and saw a new type of Craps table installation that I had never seen before. Basically it was laid out like a traditional craps table however it uses no chips. Each table position has a screen and bill acceptor (like a slot machine) where you put in your money along with where you enter your players card (also like a slot machine). You use the screen in order to make your bets (pass line/odds, come bets, place bets, any center action, field, etc.). The playing surface itself looks like glass and has a traditional layout display to it. The game does use physical dice and rules for shooting are same as traditional game. The only person working the game is the stick and they are positioned where a box person would be at in a traditional game (given this you can probably see the casino incentive for this install). I was wondering if anyone is familiar with this install and some of the rules:

1) Will the casino treat it like a true table game (it does use physical dice and players are the ones shooting the dice)?
2) If not, will they treat it like Bubble Craps or Shoot to Win meaning any payouts (original bet plus win) equal to or greater than $1,200 is treated like a hand pay and triggers a W2G?

Thanks in advance for any responses.

since there's a dealer, im going to assume it gets treated as a table game and not a slot.
thus $1200 limit doesnt apply.
only the greater than 300 to 1 odds *AND* winning over $5000 will get you a w2-g. (both conditions must be met)
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
ThatDonGuy
ThatDonGuy
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August 22nd, 2020 at 7:29:23 AM permalink
Quote: 100xOdds

since there's a dealer, im going to assume it gets treated as a table game and not a slot.
thus $1200 limit doesnt apply.
only the greater than 300 to 1 odds *AND* winning over $5000 will get you a w2-g. (both conditions must be met)


That's for 24% withholding. It only has to be $600 for a 300-to-1 or higher odds bet to generate a W-2G.
ChumpChange
ChumpChange
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August 22nd, 2020 at 7:47:16 AM permalink
It's $1200 as a slot machine ($600 if hooked up to state lottery equipment, which it wouldn't be). But I'll have to keep the cash-outs under $10K.
I like the sidebet for long rollers though.

I'm assuming that casinos or the IRS are unable to agree that this is a table game simply because it has a TITO. It's really gonna suck when I'm on a progression and then my terminal locks up after every roll that I'm winning more than the trigger amount.
Last edited by: ChumpChange on Aug 22, 2020
100xOdds
100xOdds
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August 24th, 2020 at 4:06:47 PM permalink
Quote: ThatDonGuy

That's for 24% withholding.
It only has to be $600 for a 300-to-1 or higher odds bet to generate a W-2G.

interesting... the cruise ship i was on didnt interpret it that way.
(cruise was from Florida to the Caribbean.)

Lady hit the Royal in UTH (500 to 1). She had $10 on the Blind bet so $500 x 10 = $5000.
casino mgmt said you get a w2-g only if it's over 300 to 1 odds *AND* the amount is over $5000. (ie: $5000.01)
So she didnt get one.

And they probably wont report it behind her back because 1) casino mgmt seems customer friendly and 2) she wasnt playing with her card.
room key doubles as players card but she didnt carry it since her sister was with her. (the sister was playing in the next seat.)

i can verify that the casino does give out w2-g's because i got one for playing video poker.
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
ThatDonGuy
ThatDonGuy
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August 24th, 2020 at 4:14:39 PM permalink
Quote: 100xOdds

interesting... the cruise ship i was on didnt interpret it that way.


The IRS does.

Note that it is only "more than the amount," rather than "the amount or more," when it is the $5000 amounts for generating a W-2G from a poker tournament or for the 24% withholding on a 300-to-1 or higher odds bet.
ChumpChange
ChumpChange
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August 24th, 2020 at 5:47:19 PM permalink
So the Fire Bet isn't poker and gets taxed if the payout is for 6 numbers hit.

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