Alternatives to bringing large amounts of cash to Vegas

Quote: MDawg

It is also very easy for the casino to determine nowadays that someone walked with chips - if he didn't play at all, his loss isn't equal to the amount of marker he left town owing, or he won and left a marker owing.
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IF, IF and IF that someone uses a players card. Otherwise they don’t know jack

Do you wear an ankle monitor when taking a marker? Is that how they know if you left town ?

Why would you take the chips home? You know casinos are getting tight with cashing chips on return trips, especially purple chips and higher. I know some regular players keep a stash of chips at home so they don't have to buy-in at the table when they arrive everyday, but when does the casino object to that? I don't know. It fouls up whatever bookkeeping the pit is doing on the player on a daily basis based on using a Player's Card noting buy-ins and cash-outs. I may notice I'll get 10% loss points on my buy-in: lose $1,000, get $100 of points on my card for the day. Come back another day and win the $1,000 back and I've already won the $100 on my card so that isn't going anywhere.
Dealing with a Driver's License for the pit and the cage instead of Player's card is a new subject, especially if you're getting buy-ins or cash-outs of $3K or more where a Player's card may be demanded in lieu of a SS card.

Quote: lilredrooster

I really don't get it - I must be missing something
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I'm saying if you bring a black chip from casino X to casino Y and ask to exchange it for a casino Y chip, they will say "no."

Quote: Ace2

Quote: MDawg

It is also very easy for the casino to determine nowadays that someone walked with chips - if he didn't play at all, his loss isn't equal to the amount of marker he left town owing, or he won and left a marker owing.
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IF, IF and IF that someone uses a players card. Otherwise they don’t know jack

Do you wear an ankle monitor when taking a marker? Is that how they know if you left town ?
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Little of this makes any sense.

You have written before about having huge craps losses. What is huge? Three grand?

Why do you even go to Vegas and play a game like craps and then play unrated? So you go there, pay for everything on your own dime, and play craps?

Maybe a $3K line is so small that Aria doesn't even care what you do with it. In any case, this entire scenario is puzzling. Does anyone else here make sense of it?

Why the big deal about "I don't play rated" and then the big deal with cashing chips with markers outstanding. What's the point?


Casinos define end of trip as a certain period of time from the last action. This can be negotiated (as I have), but for most everyone it is set. Look, Ace Rothstein ate, slept and breathed gambling, so I'd expect the same of you Ace2.

Quote: Wizard

Quote: lilredrooster

I really don't get it - I must be missing something
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I'm saying if you bring a black chip from casino X to casino Y and ask to exchange it for a casino Y chip, they will say "no."
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I am saying as recently as 6 months ago, that's not the case. Perhaps it's policy not to, but you can get it done.

You may cash some foreign black chips without any verification at many casinos. If the total adds up to more than a few hundred, or if any $500, or higher chips are involved, they will usually ask for your player card and phone the issuing casino partly to make sure you don't owe any markers.

Also they should be regular chips, not Baccarat. It's very hard to get foreign Baccarat chips of any denomination cashed.

Since the way I do Vegas doesn’t match your way, that means it doesn’t make any sense ?

When did I write I have huge craps losses? I realize my playing level is quite low relative to some members of this forum and I’ve never claimed otherwise

I’ve also posted many times that I don’t participate in players clubs. The whole comp system just doesn’t seem worth it to me. I don’t like restrictions and I have no interest in jumping through hoops to get a free meal

I play because I enjoy the game. Sounds crazy right ?

Sounds like T2 off the grid life.

Quote: Ace2

When did I write I have huge craps losses?

I could find it, and maybe will later, but you and I had a discussion once about whether it's fun to flat bet craps and you mentioned that you had had huge losses at times, by way of pointing out that due to variance anything could happen and that it may be exciting.

I do remember such a discussion. My point being that you can make any bet exciting, even flat betting the pass line only, if you bet enough.

Try flat betting the passline for $5k and tell me it’s boring. But I’m not saying I ever bet that

Quote: Ace2

I’ve had some huge wins and crushing losses at the casino. The difference between us is that I realize, over the years, those losses have exceeded the wins…though not by much since all of my wagers carry an edge under half a percent
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Right it was actually "huge" wins and "crushing" losses, but I understood both adjectives to mean the same thing.

Anyway, I don't want you to get the impression that I am challenging your expertise, because as we know, few are in a position to challenge Ace Rothstein's expertise.

Now that I understand the over all picture, it makes more sense, cashing out a thousand or so (or even two thousand on occasion) you could literally get away with doing that for a very long time until you ran into that one martinet who asked for your player card anyway. Plus you're cashing regular chips not Baccarat ones, which the casino controls Baccarat chips much more closely, the Blackjack / regular chips less closely.

Anyway, if you're expecting to lose the house edge over time, as your attorney I'd advise you to play rated and get all the comps you may. I mean, why not? but I don't presume to understand why you would not want to do that.

Personally, about the only times I walk away from anything free the casino has to offer is for example, after a big session loss. While you'd think that after something like that I'd want to get an expensive comp'ed meal or something out of it, after such experiences I'm more likely to just leave the casino without eating anything, or getting any comps. I've even entered a casino with free play in my pocket not realizing I had it with me, lost, and then just left without playing the free play because I didn't want to deal with it right then. I really don't like to lose and when I do it bothers me, at least for a few hours anyway.

Just want to say this thread is #2 in trending forum threads behind Discussion III about the Suspension List today.

Quote: MDawg

I really don't like to lose and when I do it bothers me, at least for a few hours anyway.

I can not think of a casino monetary loss that has bothered me in 20 plus years.

I have no idea what you guys are arguing about but I thought this warning on the Caesars sign was odd:

Quote:

Federal and State law prohibit the use of Caesars Palace chips and tokens outside of this establishment for any monetary purpose whatsoever.

What laws are being broken if I use Caesars chips in a home game? Or trade them to someone in exchange for something else?

Possibly of interest:
https://www.lasvegasadvisor.com/question/chips-as-money/
(Some laws are cited.)

It may be problematic for your friend, who won the chips from you beyond the gaming floor, to attempt to redeem them at the cage. (I believe I've heard anecdotes about this with chocolates.)

Quote: Dieter

Possibly of interest:
https://www.lasvegasadvisor.com/question/chips-as-money/

Ugh, that lies beyond a paywall for me. When did LVA start doing that?

Quote: Joeman

Quote: Dieter

Possibly of interest:
https://www.lasvegasadvisor.com/question/chips-as-money/

Ugh, that lies beyond a paywall for me. When did LVA start doing that?
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News to me!

Quote: The linked q&a

According to point 4, paragraph 12.060, of the Nevada State Gaming Control Board's Regulation 12 governing casino chips and tokens, "A licensee shall not accept chips or tokens as payment for any goods or services offered at the licensee's gaming establishment, with the exception of the specific use for which the chips or tokens were issued, and shall not give the chips or tokens as change in any other transaction."

So hopefully that gets one part of the answer questioned.