100xOdds
100xOdds
Joined: Feb 5, 2012
  • Threads: 527
  • Posts: 3139
September 23rd, 2012 at 3:25:21 PM permalink
electronic craps @ md casino.

I usually put in $1000 and leave when i'm up $1000 or go broke.

well i'm up and decided to increase my bankroll + bets.
now i bring $2000 and leave when i'm up $2000 or go broke.
BUT i only put in $1000 into the machine at a time.
i figure why go thru the hassle to put in the full 2000 when i dont need to.

well i won $2000 so my cashout is $3000. (2000 profit + my original 1000.)
i did this twice. the 2nd time i cashed out they asked for my players card and wrote down my info. WTF?

that got me thinking about my account being red flagged.
i remember years ago when a lady who was a regular at Ellis Island casino in Vegas was asked to not play there anymore because she was a constant winner. She usually played NSUD video poker. (99.73% return)

so I went back and asked the cashier why she wanted my info since i never had to do that before.
she said it's because it's a big cashout. she couldnt answer why i wasnt asked for my players card the 1st time i cashed out $3000.
i should have followed up with "what if i didnt have a players card?" (you dont have to have one to play.)

should i start putting in the full $2000 now? or would a $4000 cashout bring more eyes on me?
or Am i being paranoid?
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
24Bingo
24Bingo
Joined: Jul 4, 2012
  • Threads: 23
  • Posts: 1348
September 23rd, 2012 at 3:29:07 PM permalink
I think you're being paranoid. It's probably just for tax reasons, or something to do with money laundering; I doubt they think you've beaten a video craps machine. Was it exactly $3000, or was it maybe slightly under the first time, slightly over the second?

(Are you sure it was NSUD, and not a beatable game? But even NSUD, there's a chance that she was costing them money if the machine was giving her points; then again, depending on how the craps machine calculates points, there's a chance you're costing them money.)
The trick to poker is learning not to beat yourself up for your mistakes too much, and certainly not too little, but just the right amount.
Tiltpoul
Tiltpoul
Joined: May 5, 2010
  • Threads: 32
  • Posts: 1573
September 23rd, 2012 at 4:25:43 PM permalink
Quote: 24Bingo

I think you're being paranoid. It's probably just for tax reasons, or something to do with money laundering; I doubt they think you've beaten a video craps machine. Was it exactly $3000, or was it maybe slightly under the first time, slightly over the second?



I agree, you're being very paranoid. It's VERY easy to figure out whether you are a winner or not on a machine, especially if you're playing with a card. If they want to ban you, you'll know as soon as you put that card into the machine. They probably just have to make sure you're not creating fake tickets or something. It seems like a pretty standard procedure.
"One out of every four people are [morons]"- Kyle, South Park
teddys
teddys
Joined: Nov 14, 2009
  • Threads: 150
  • Posts: 5444
September 23rd, 2012 at 4:45:55 PM permalink
They log every cashout of any ticket over $1200. It's for security and house policy reasons. There are also CTR requirements. Do not worry about your account status.
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
100xOdds
100xOdds
Joined: Feb 5, 2012
  • Threads: 527
  • Posts: 3139
September 23rd, 2012 at 5:15:07 PM permalink
Quote: teddys

They log every cashout of any ticket over $1200. It's for security and house policy reasons. There are also CTR requirements. Do not worry about your account status.



so they dont log cashout of less than $1200??

ctr? currency transaction report?
thought they were for transactions over $10000?

and so far i'm a (short term) winning player. yeah positive variance.. lol
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
dwheatley
dwheatley
Joined: Nov 16, 2009
  • Threads: 25
  • Posts: 1246
September 23rd, 2012 at 5:16:51 PM permalink
You are the 2nd most paranoid person I know.
Wisdom is the quality that keeps you out of situations where you would otherwise need it
SanchoPanza
SanchoPanza
Joined: May 10, 2010
  • Threads: 34
  • Posts: 3478
September 23rd, 2012 at 5:33:07 PM permalink
Quote: 100xOdds

So far i'm a (short term) winning player. yeah positive variance.. lol


It may be classified as a slot machine, just as they do with video poker. Did they issue any W-2G's?
24Bingo
24Bingo
Joined: Jul 4, 2012
  • Threads: 23
  • Posts: 1348
September 23rd, 2012 at 5:35:26 PM permalink
Quote: dwheatley

You are the 2nd most paranoid person I know.



I'm not the first, am I?! ーー;
The trick to poker is learning not to beat yourself up for your mistakes too much, and certainly not too little, but just the right amount.
s2dbaker
s2dbaker
Joined: Jun 10, 2010
  • Threads: 51
  • Posts: 3259
September 23rd, 2012 at 5:36:02 PM permalink
Quote: dwheatley

You are the 2nd most paranoid person I know.

You're talking about ME!! Aren't you!
Someday, joor goin' to see the name of Googie Gomez in lights and joor goin' to say to joorself, "Was that her?" and then joor goin' to answer to joorself, "That was her!" But you know somethin' mister? I was always her yuss nobody knows it! - Googie Gomez
100xOdds
100xOdds
Joined: Feb 5, 2012
  • Threads: 527
  • Posts: 3139
September 23rd, 2012 at 6:07:34 PM permalink
Quote: SanchoPanza

It may be classified as a slot machine, just as they do with video poker. Did they issue any W-2G's?



e-craps IS classified as a slot machine. a $1200+ win (including original wager) will get you a w-2g.
i structure my presses such that i get back ~$1199 (including original wager) when i win.

ie: 3/4/5x odds, $100 passline. instead of $400 odds on the 5/9, i make it $399.
if i win, i get 598.5 + 100 + 399 = 1197.50

if 400 odds, then 600+100+400 = 1200 = W2G
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)

  • Jump to: