Are chips good at other casinos?
July 9th, 2014 at 6:01:56 PM
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One of the things I forgot to mention in my recent trip report: while I was at the crap table at Downtown Grand, somebody came over with three $100 chips from Golden Nugget and asked for them to be changed. The dealer said that they had to go to the cage; the chips owner said that the cage had sent him to the table.
I was under the impression that a chip was worthless outside of its own casino. Is that true, or is there an agreement (written or otherwise) where casinos will accept each others' chips? I remember, back when I was in Reno in 1985, there was a similar "rule" concerning dollar tokens, but since they were all the same size and the machines didn't care what casinos issued them when you put them in (and nobody cared which casino's tokens came out), the rule was, as the saying goes, "more honour'd in the breach than the observance."
I was under the impression that a chip was worthless outside of its own casino. Is that true, or is there an agreement (written or otherwise) where casinos will accept each others' chips? I remember, back when I was in Reno in 1985, there was a similar "rule" concerning dollar tokens, but since they were all the same size and the machines didn't care what casinos issued them when you put them in (and nobody cared which casino's tokens came out), the rule was, as the saying goes, "more honour'd in the breach than the observance."
July 9th, 2014 at 6:07:56 PM
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Often downtown they will take up to a certain amount from another downtown casino, or within a casino chain (caesars) they will take chips from a different casino within than chain. I have also once witnessed chips from the Quad exchanged at Palace Station with the approval of the shift manager.
July 9th, 2014 at 6:18:34 PM
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Quote: ThatDonGuyOne of the things I forgot to mention in my recent trip report: while I was at the crap table at Downtown Grand, somebody came over with three $100 chips from Golden Nugget and asked for them to be changed. The dealer said that they had to go to the cage; the chips owner said that the cage had sent him to the table.
I was under the impression that a chip was worthless outside of its own casino. Is that true, or is there an agreement (written or otherwise) where casinos will accept each others' chips? I remember, back when I was in Reno in 1985, there was a similar "rule" concerning dollar tokens, but since they were all the same size and the machines didn't care what casinos issued them when you put them in (and nobody cared which casino's tokens came out), the rule was, as the saying goes, "more honour'd in the breach than the observance."
MGM casinos seem to be fine honoring each other's chips, but for large-denomination chips they will send you to the cage, demand a player's card, and check to see if you have any outstanding markers with the issuing casino. If you do, they won't take them without permission from the other casino.
July 9th, 2014 at 6:29:27 PM
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Both the casinos and the IRS used to be tolerant of such things, now its more strict.
Foreign chips will usually be accepted in ONE transaction only. They will take all your foreign chips or none.
It depends on denomination of chips and total amount. They will do paperwork on it. Boxman at craps table will "wake up" whenever a stickman or dealer calls out 'foreign chips'. Box and floor can handle the paperwork without much folderall if its a small amount.
They don't want to accept stolen chips and they don't want to help you convert foreign chips to cash and then go back to the foreign casino with that cash and use it to impress them with your whaleness. They don't want trouble from the IRS either.
Casinos used to turn foreign chips over to Brother Chip, the same guy who serviced churches in the area who needed to convert gambling chips to cash for the collection plates, but that ended long ago. Indeed, I don't think Brother Chip is around anymore at all.
Foreign chips will usually be accepted in ONE transaction only. They will take all your foreign chips or none.
It depends on denomination of chips and total amount. They will do paperwork on it. Boxman at craps table will "wake up" whenever a stickman or dealer calls out 'foreign chips'. Box and floor can handle the paperwork without much folderall if its a small amount.
They don't want to accept stolen chips and they don't want to help you convert foreign chips to cash and then go back to the foreign casino with that cash and use it to impress them with your whaleness. They don't want trouble from the IRS either.
Casinos used to turn foreign chips over to Brother Chip, the same guy who serviced churches in the area who needed to convert gambling chips to cash for the collection plates, but that ended long ago. Indeed, I don't think Brother Chip is around anymore at all.
July 10th, 2014 at 12:52:31 PM
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I was told by several parties in April/May "Anywhere in Vegas". IOW, the casinos in Vegas honor each other's chips. At least, I didn't have any problem with changing them out, which I did twice.
If the House lost every hand, they wouldn't deal the game.
July 10th, 2014 at 12:57:28 PM
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As a general rule, you go to the cage, they grab a 3-ring binder and they look up the chips that you have and verify that they are all appearing to be legit.
This is a bigger deal for larger denominations.
Black chips and larger can be taken, and it's just up to the casino if they choose to do it or not.
Sometimes people want to get a nickel taken at a table and the dealers won't take it, I'll swap them out just to be friendly.
Others do the same.
Also, if it is a tip, they are ALWAYS accepted. Just something else to consider!
If the chip you have is too new or it's not in their 3-ring binder, the chance of the chip being accepted (no matter the denomination) are low.
This is a bigger deal for larger denominations.
Black chips and larger can be taken, and it's just up to the casino if they choose to do it or not.
Sometimes people want to get a nickel taken at a table and the dealers won't take it, I'll swap them out just to be friendly.
Others do the same.
Also, if it is a tip, they are ALWAYS accepted. Just something else to consider!
If the chip you have is too new or it's not in their 3-ring binder, the chance of the chip being accepted (no matter the denomination) are low.
aahigh.com
July 10th, 2014 at 7:09:01 PM
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I saw a foreign chip in a pot at a poker table. (I forget which casinos for both the table and chip.)
I questioned it. The dealer said that it's not accepted at regular table games, but you can usually cash it at their cage. As such, they let it play in the poker room, but the dealers are trained to make sure they only rake their own chips. Let the winner of the pot worry about the foreign chip. In most cases, the chip will continue to be put in play until someone finally decides to keep it - or gets stuck with it...
I questioned it. The dealer said that it's not accepted at regular table games, but you can usually cash it at their cage. As such, they let it play in the poker room, but the dealers are trained to make sure they only rake their own chips. Let the winner of the pot worry about the foreign chip. In most cases, the chip will continue to be put in play until someone finally decides to keep it - or gets stuck with it...
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July 10th, 2014 at 7:56:07 PM
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I don't know if this has become public yet, and if it has, forgive me for being late.
There were two robberies recently in Vegas where the crooks smashed the cases that held chips at vacant tables. One robbery was at Paris and one at Caesars. the crooks were careful to grab the high value chips since it was obvious they didn't have much time for these smash and grab heists.
As a result, Caesars and Paris and the other casinos in the Caesars group will not accept $500 and higher chips from another casino.
I was at a craps table when a player presented $500 chips from Paris and was told to bring them to the cage... and he returned a few minutes later to say the Caesars cage would not accept them and they told him to go back to Paris with them. This way the player's play record could be checked to see if he should have the large denomination chips.
There were two robberies recently in Vegas where the crooks smashed the cases that held chips at vacant tables. One robbery was at Paris and one at Caesars. the crooks were careful to grab the high value chips since it was obvious they didn't have much time for these smash and grab heists.
As a result, Caesars and Paris and the other casinos in the Caesars group will not accept $500 and higher chips from another casino.
I was at a craps table when a player presented $500 chips from Paris and was told to bring them to the cage... and he returned a few minutes later to say the Caesars cage would not accept them and they told him to go back to Paris with them. This way the player's play record could be checked to see if he should have the large denomination chips.
July 10th, 2014 at 9:04:02 PM
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A Casino Royale blackjack switch dealer voluntarily offered to make change for a Monte Carlo $100 chip with the pits approval
Edit, this was about 2 years ago
Edit, this was about 2 years ago
July 10th, 2014 at 9:17:52 PM
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deleted
DUHHIIIIIIIII HEARD THAT!
July 10th, 2014 at 9:53:02 PM
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Quote: IbeatyouracesWhere is the news of these smash and grabs? I'm not seeing anything anywhere. This would be headline news.
Like I said, I didn't think it was public. I also heard something about a similar heist at Planet Hollywood.
July 10th, 2014 at 11:20:40 PM
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Craps game at Cromwell on Monday had no problem changing about $70 in Flamingo chips to Cromwell chips. The flamingo chips went straight into the cash collection slot.
July 10th, 2014 at 11:25:33 PM
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Quote: drmarioCraps game at Cromwell on Monday had no problem changing about $70 in Flamingo chips to Cromwell chips. The flamingo chips went straight into the cash collection slot.
$500 and up chips are the ones that can't be changed any more among the Caesars casinos.
July 11th, 2014 at 12:06:20 AM
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They should just up the security features on these chips and not care about who what where bs. I hate just reading the gotcha tricks they use.
I am a robot.
July 11th, 2014 at 12:13:11 AM
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That book at the cashier's window is not some sort of "Beg and Borrow" book such as a bar must maintain. Its just a collection of the latest faxes on chip robberies. There is a chip robbery fax network and a recent robbery may make a foreign chip more "hot". In reality, the casinos know that most people with foreign chips are simply tourists who like to wander around different casinos "looking for Lady Luck" and free booze rather than looking to offload stolen property.
July 11th, 2014 at 12:24:45 AM
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In the Los Angeles area, most of the card casinos here no longer will accept chips from other casinos. Too many counterfeits.
July 11th, 2014 at 12:33:56 AM
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Servers/slot techs take chips from other casinos. I dumped off my $5 chips from Palace Station at the Trop.
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July 11th, 2014 at 6:47:41 AM
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If it occurred, I wouldn't assume that it would necessarily be treated as "headline news" nor would I find it particularly unusual if it wasn't reported by local news outlets at all, or if it was eventually mentioned only much later and not at all prominently while omitting any mention of the specific location, as is often the case with a lot more significant criminal acts than this at Las Vegas casino properties. Many times I've found things such as this are only mentioned in local publications AFTER they are picked up by a national or prominent out of State news outlet. If it happened in Las Vegas, in a resort property, you might first read about it someplace like the LA Times, or not at all.Quote: AlanMendelsonLike I said, I didn't think it was public. I also heard something about a similar heist at Planet Hollywood.
I discovered a chip from the Imperial Palace of Biloxi, Mississippi when I won a pot in a poker game several years ago at the pre-Quadrified Imperial Palace of Las Vegas, Nevada. And I wouldn't make anything of that for answering the main question of this thread, since I have absolutely no idea how it might have got there or what might have happened if I'd tried to cash it. I just kept the chip for my own collection. It was shortly after the company (Caesars) sold that Mississippi property (I think to Boyd Gaming if I remember correctly) and I'm not even sure if the MS place was keeping the same IP name after that.
EDIT: I was adding while he was posting reply below.
Suck dope, watch TV, make up stuff, be somebody on the internet.
July 11th, 2014 at 7:02:26 AM
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Quote: DrawingDeadIf it occurred, I wouldn't assume that it would necessarily be treated as "headline news" nor would it be particularly unusual if it wasn't reported by local news outlets at all, or if it was eventually mentioned only much later and not at all prominently while omitting any mention of the specific location, as is often the case with a lot more significant criminal acts than this at Las Vegas casino properties.
I am sure Caesars didn't put out a press release on these events. Nor would they want them known.
July 11th, 2014 at 8:07:22 AM
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Quote: DrawingDeadI'm not even sure if the MS place was keeping the same IP name after that.
Fyi, it's still called IP even today. The original owner's family let Boyd keep the naming rights.
July 11th, 2014 at 8:15:25 AM
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Noted, thnx.Quote: tringlomaneFyi, it's still called IP even today. The original owner's family let Boyd keep the naming rights.
Suck dope, watch TV, make up stuff, be somebody on the internet.
July 11th, 2014 at 10:00:14 AM
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Quote: AlanMendelson$500 and up chips are the ones that can't be changed any more among the Caesars casinos.
Just 2 weeks ago when I was staying at Wynn went to Caesars to give them a little play per my host. Brought 2 500 chips from Wynn along with cash and after the floor sup asking the Casino Mgr who knew me from playing there they turned them in to Caesars chips so I could play. Bit of a hassle but the process took maybe 7 minutes. So I guess they can if they want.
July 11th, 2014 at 6:45:23 PM
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Quote: mdsJust 2 weeks ago when I was staying at Wynn went to Caesars to give them a little play per my host. Brought 2 500 chips from Wynn along with cash and after the floor sup asking the Casino Mgr who knew me from playing there they turned them in to Caesars chips so I could play. Bit of a hassle but the process took maybe 7 minutes. So I guess they can if they want.
I think if those were chips from Paris or Planet Hollywood the answer definitely would have been "no."
If anyone gets to Caesars please ask for an update.
July 11th, 2014 at 7:48:35 PM
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Quote: AlanMendelson
I was at a craps table when a player presented $500 chips from Paris and was told to bring them to the cage... and he returned a few minutes later to say the Caesars cage would not accept them and they told him to go back to Paris with them. This way the player's play record could be checked to see if he should have the large denomination chips.
Hello Alan. Always a funny guy you are.........I'll bite and ask the obvious intelligent questions your story generates and others seem to have missed....
1. Why did he return to said table and announce to the players at same such a series of events? What would be the point in that? Only a complete idiot would return and announce he was holding thousands of dollars in chips to complete strangers.
2. Checking the players record to verify a win/buy in? What happened to the days you could simply cash your chips? Some of us like to play with our cash.
Warmest regards and again, thanks for the humor.(I won't mention your inside information about heist)
July 23rd, 2014 at 5:24:41 PM
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Never was an issue for me between Bally's and Paris, for obvious reasons. So there's that.
July 23rd, 2014 at 7:12:41 PM
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ive cashed 1k chips from cosmo at the aria and vice versa, not that much of a hassle and 500 chips have never been an issue = between aria, bellagio venetian and cosmo
The bet will not be paid- not now not ever
