Rare. The Feds don't like it and all the MBA types have issued memos about Not letting money play.Quote: onenickelmiracleMust have been from one of the Travel channel shows where the man says if you want to play cash, tell the dealer "cash plays". Do any casinos actually let you do this playing cash and being paid in chips?
Stop the play if you have to or say No Action on the Cash. Formal Buy In only.
Now maybe at higher amounts it still happens but I doubt it.
Quote: onenickelmiracleMust have been from one of the Travel channel shows where the man says if you want to play cash, tell the dealer "cash plays". Do any casinos actually let you do this playing cash and being paid in chips?
No casino that I know of. Perhaps this was an older show?
Casinos don't let cash play for a miriad of reasons but the latest and most important one I would imagine is the new money laundering regulations which does not allow a casino to accept wagers without confirming the amount and more importantly the validity (I'm not sure if that is the right word to use here) of the currency.
Quote: onenickelmiracleMust have been from one of the Travel channel shows where the man says if you want to play cash, tell the dealer "cash plays". Do any casinos actually let you do this playing cash and being paid in chips?
Technically no, but all one has to do is throw their money down and clearly state, "$100 on [insert bet here]." The dealer will quickly take the money, hand it to the box, and book the bet. (I have yet to see a dealer/box deny anyone who has done this)
Quote: Beethoven9thTechnically no, but all one has to do is throw their money down and clearly state, "$100 on [insert bet here]." The dealer will quickly take the money, hand it to the box, and book the bet. (I have yet to see a dealer/box deny anyone in this case)
However the cash has to be changed up and the bet placed on the desired amount BEFORE the game is placed in action, before the wheel is spun, before the dice are passed out to shoot.
I don't know of any casinos within the US who shouldn't follow this rule. If they do, they are taking unecessary risks with the feds.
Quote: TomspurHowever the cash has to be changed up and the bet placed on the desired amount BEFORE the game is placed in action, before the wheel is spun, before the dice are passed out to shoot.
I don't know of any casinos within the US who shouldn't follow this rule. If they do, they are taking unecessary risks with the feds.
Not from what I've seen. There have been plenty of instances where I've seen someone throw down money for a bet in craps, and the dealer/box books it. Granted, all of these situation may have been with players whom the dealers knew well, but whatever the case, that's what I've observed many times here in Vegas.
Quote: Beethoven9thNot from what I've seen. There have been plenty of instances where I've seen someone throw down money for a bet in craps, and the dealer/box books it. Granted, all of these situation may have been with players whom the dealers knew well, but whatever the case, that's what I've observed many times here in Vegas.
As I mentioned there is obviously a difference between what should happen and what actually happens. A cash bet can most certainly be thrown down on the game but like I said the correct procedure is that the change has to be made and the chip placed before the outcome of the game is decided......
If that always happens, I obviously have no control over. I was merely pointing out what I know of internal policies with regards to cash changes and indeed IF "cash plays".
Quote: AxelWolfI have played many cash bets on blackjack with no problems. If the dealer wants ti change it out fir chips wave her or him off and say, NO thats bad luck. I have yet to be refused.
Same here. I've never had a problem doing this on BJ, roulette, or craps. It's probably just a house rule that's rarely enforced.
Its amazing to me that the casinos don't enforce this rule as it is one of the more serious policies out there.
Oh well, not in my house :)
Quote: HunterhillIt used to be very common, even up to about 2005 or so. Now most places won't allow it.
I've only seen it on Asian-centric casinos, and Asian-centric games. Bac at the Gold Coast and the Palms.
If it's less than $10,000 what is the government's interest?Quote: FleaStiffThe Feds don't like it
Quote: SanchoPanzaIf it's less than $10,000 what is the government's interest?Quote: FleaStiffThe Feds don't like it
Laundering dirty money becomes increasingly simplified with "money plays".
Really depends on the exact procedures of the house in question, but here is a scenario.
Let's suppose I place a wager of $100 with illegal currency.
If I lose, the dealer drops the currency in the box, and I leave the table (assuming I am intentionally using illegal currency).
If I win, the dealer may do one of two actions, depending upon rules of that particular casino:
1. The dealer pays me $200 in cheques, collects the currency wager, and drops the $100 currency in the drop box.
2. The dealer pays me $100 in cheques for the winning wager, leaving the currency on the table.
If #2 applies, I have the option of retaining the illegal currency (putting it back in my wallet) and either cashing out the cheques at the cage for "clean" cash, or continuing to gamble with the $100 worth of cheques.
In either case, the original "dirty" money never made it into the casino's inventory of currency, and nobody would ever be able to track it down.
Quote: Beethoven9thNot from what I've seen. There have been plenty of instances where I've seen someone throw down money for a bet in craps, and the dealer/box books it. Granted, all of these situation may have been with players whom the dealers knew well, but whatever the case, that's what I've observed many times here in Vegas.
I've seen this most often at craps. One time at Bellagio, an older Asian gentleman walked up to a mostly empty craps table with his family in tow. He would throw down a benjamin and shout out "hard eight!" The stick would say "that's a bet!" and half the time, the dice would be thrown and he had lost before they even put the black chip on the layout. He did this about 6 or 7 times before walking away a loser.
This was at Orleans, so it wasn't a small out of the way place.
Quote: onenickelmiracleMust have been from one of the Travel channel shows where the man says if you want to play cash, tell the dealer "cash plays". Do any casinos actually let you do this playing cash and being paid in chips?
Cash plays at some casinos that I've been to. In fact they recommend it when you reach into your pocket for just enough for a double down or something.
I guess some dealers, floors and managers don't care much about proper procedure :)
Amazing a cat even lived long enough to be 21, yet figure out an ATM machine and have a bank account. Siamese cats are pretty bright though. Our neighbors cat stole all the gloves he could fit in its mouth.Quote: soxfanI saw "cash play" a coupla years ago in AC. An oriental cat came back from the atm and put a big wad of hundreds on the banker side at a mini-bac table, hey hey.
People confuse what laundering money really means as apposed to washing bills.Quote: FroggerIf I was laundering cash, I'd be happier if they changed all my bills so I can get different bills later on. What's the purpose of laundering money if I have to keep it?
*dealer takes bill and changes it out*
"No! I said cash plays!"
"I heard you, sir." *places chips and drops money*
Yes they are doing this more and more it's probably the norm now. It really dose not change anything but takes a bit more time.Quote: Deucekies"Cash plays"
*dealer takes bill and changes it out*
"No! I said cash plays!"
"I heard you, sir." *places chips and drops money*