On the other hand, if you were to buy in for more than $5k in cash, play some hands at different tables, then color up to leave...
http://voices.yahoo.com/what-find-money-casino-chips-on-6222116.html
But I think maybe a $5000 chip might gain attention...
if this is something you really want to do, I'd try one of two things:
1. (if you have $$) buy in for $15 or $20k. Play for a while. Add this chip to your stack. Announce that you're leaving. They'll say something like "what do you have there? I'll call the cage to tell them you're coming." And you're in...
2. Find a big player about to buy in for cash. Sell him/her your $5000 chip instead. You might have to give a discount...
Please be advised that while these methods may work to achieve your purpose, they may also add to the illegality of your actions. I am not advising that you try either method. This is purely hypothetical.
Quote: heatherhowI found a $5000 chip at one of the casino's. They would not let me cash it in. They said they track all the high dollar chips and if I didn't know who it belonged to they couldn't cash it out. Do you think that I could play a table with the chip and try to cash it out that way?
I'm no casino security expert, but since you ALREADY tried to cash it once, they now have YOUR picture from that failed transaction. I would go to the cage, ask to speak with a supervisor, hand them the chip and ask for a buffet as a token of their appreciation. Tell them when and where you found it, and perhaps they will be able to find out who it belongs to. I am quite surprised they let you just walk away from the cage with that chip.
they can't verify they you bought or won it there. All chips
are casino property now. This very thing happened in Vegas
a couple years ago to a reporter and he never did get the chip
back. I'm not buying any of this.
Quote: EvenBobI'm not buying any of this.
Then I suggest you stop reading.
Quote: JBBoth suggestions sound an awful lot like money laundering. Just go to the cage and say that you found a $5000 chip and you have no idea who it belongs to. It's not yours.
Thank you!
People often claim something that they know is not theirs, and was lost by a sad owner, without a care.
Few people say, "it is not mine, and I KNOW it is not mine, and so I don't want it..." No attempt at all to find the rightful owner, or to say that it was simply found and returned to security or the pit boss.
Quote: PaigowdanThank you!
People often claim something that they know is not theirs, and was lost by a sad owner, without a care.
Few people say, "it is not mine, and I KNOW it is not mine, and so I don't want it..." No attempt at all to find the rightful owner, or to say that it was simply found and returned to security or the pit boss.
The security or the pit boss will do everything to find the legitimate owner. They will go over their surveillance to try to find the rightful owner. They will call over the intercom and ask if anyone has lost a casino chip in the casino and please come get it. And if the casino can't find them, they won't keep the profit but will donate the money to a worth wile charity.
Why would the casino do this you may ask? Because the casino will say, "it is not mine, and I KNOW it is not mine, and so I don't want it..."
This is probability what happens.
Quote: AceCrAAckersThe security or the pit boss will do everything to find the legitimate owner. They will go over their surveillance to try to find the rightful owner. They will call over the intercom and ask if anyone has lost a casino chip in the casino and please come get it. And if the casino can't find them, they won't keep the profit but will donate the money to a worth wile charity.
Why would the casino do this you may ask? Because the casino will say, "it is not mine, and I KNOW it is not mine, and so I don't want it..."
This is probability what happens.
Yes, true.
I was talking about the general population. Casino workers (slots, pit, and cage) are neutral referees who manage gambling games, table games, and slot machines, and see comparitively huge sums of money and chips with total neutrality towards it; we are frequently amazed by some members of the general public. The basic premise of "take what is rightfully yours, and return what isn't yours" has a very weak basis with a lot of people. Sad but true.
And some of those people work in Indian casinos and California card rooms.
Ding, right answer!Quote: IbeatyouracesKeep it as a souvenir.
Quote: rdw4potusThen I suggest you stop reading.
So this is what happened. You slide the chip to the
cashier. She looks at it, verifies it, asks where you
got it. You say whatever, she calls around and can't
get verification on your story, says you can't cash it
(and by implication, use it in the casino) and she
gives it back to you? Never happened.
Quote: EvenBobSo this is what happened. You slide the chip to the
cashier. She looks at it, verifies it, asks where you
got it. You say whatever, she calls around and can't
get verification on your story, says you can't cash it
(and by implication, use it in the casino) and she
gives it back to you? Never happened.
I know people that this very thing has happened to. I don't know why you think you're such an expert on every single thing.
Quote: JBBoth suggestions sound an awful lot like money laundering. Just go to the cage and say that you found a $5000 chip and you have no idea who it belongs to. It's not yours.
This answer is the best but, personally, it would be very difficult to actually do it. Why is doing the right thing so difficult?
Quote: JimMorrisonI know people that this very thing has happened to. .
So the casino determined that the $5000 chip
you're holding, which is their property, BTW,
was not gotten by you in their casino, and they
hand it back & say 'have a nice day?' Why do you
think they passed the law or ordinance or
whatever it was that said you no longer own a
casino chip when you buy it. Just for situations
like this.
Quote: EvenBobSo the casino determined that the $5000 chip
you're holding, which is their property, BTW,
was not gotten by you in their casino, and they
hand it back & say 'have a nice day?' Why do you
think they passed the law or ordinance or
whatever it was that said you no longer own a
casino chip when you buy it. Just for situations
like this.
I think you're a know it all cranky old man. It's happened many times. It's also happened that they have refused to give the chip back. I know one girl who snatched it back and walked out. Security was never called. You sit in your trailer and post here all day on every single subject like you know everything. And can you please get a computer that was made in the last 20 years that can format your posts correctly?
and he fomats his text so they are easier to read.
(he thinks people read them.)
you do realize there is a block feature on this site?
just go to the 'top contributors' link and you can block anyone.
Would they have all $5000 microchipped? Seems cost effective to do so.
Quote: WongBohey, EvenBob is one of the most entertaining trolls on here.
and he fomats his text so they are easier to read.
(he thinks people read them.)
you do realize there is a block feature on this site?
just go to the 'top contributors' link and you can block anyone.
I don't read the forum enough to care too much and I'm not going out of my way to block anyone. When someone acts like an idiot, I'll simply tell them they are a f***ing idiot.
you may not be here much, but you still have to abide by the T&C.
see rule number ONE
WIZARD OF VEGAS - FORUM RULES
Quote: JimMorrisonI think you're a know it all cranky old man.
And that has what to do with anything? Seriously,
why would they give it it back? It doesn't belong
to you, it belongs to them. They said you can't
cash it or use it. If they give it back, all you can
do is pawn it off on somebody else and they'll
try and cash it. The law says if they can't determine
where you got it, the casino can keep it.
Quote: WongBohmmm, we seem to have another candidate for the suspension list.
you may not be here much, but you still have to abide by the T&C.
see rule number ONE
WIZARD OF VEGAS - FORUM RULES
Mike can suspend me if he wants but if you actually read what I said, I purposely did not call anyone any name at all.
For example, I've noticed that many people will leave small amounts of money in slot machines, so I asked the Casino their policy when it comes to this. The policy at my regular casino is that any jackpots or handpays would be voided if you did not add additional money to the machine. However, if you won anything else on the machine, it wouldn't matter whether you put any money in or not because they essentially wouldn't know anything about it. They also do not care if you ticket-out and go cash your ticket.
I'll usually only take tickets if the machine has a dollar or more in it, and you'd be surprised how often this happens. I think people get frustrated when they reach the point that they can't max bet, and then they just stomp away and leave it in there. The best find I have ever had was $23, so I have no idea why someone would leave that amount in there.
Keep in mind that I don't scour the floor for this, or anything, this is all in the normal course of play...and paying a little bit of attention to the, "Credits," readouts around me. I probably average a find of $8-$10 in a two-hour session, so if I lose my gambling money for the day, I'll just go over to the Craps table and prop bet my findings just for the Hell of it. I'll usually throw it down on, "Any Craps," and walk out of the place if I win on it a little bit ahead. I've probably successfully hit, "Any Craps," doing that two-three times.
Quote: WongBohey, EvenBob is one of the most entertaining trolls
UhHuh.
"The casino is simply following state law. Nevada regulations
allow casinos to seize chips if the casino "knows or reasonably
should know" that the chips weren't obtained in the course of
gambling by the individual presenting them."
Casino chips are NOT legal tender. The truth hurts..
Quote: JimMorrisonI think you're a know it all cranky old man. You sit in your trailer and post here all day on every single subject like you know everything.
Welcome to WoO, JM!
Quote: WongBohey, EvenBob is one of the most entertaining trolls on here.
Who would you say is second in level of interest?
"Chips absolutely aren't legal tender. They're the property of the casino,"
"They are tendered for a very specific purpose and that purpose is highly
regulated. We are obligated to verify that the chips were obtained through
appropriate and normal gambling activity."
Quote: SOOPOOWelcome to WoO, JM!
Welcome? I was the first member ever signed up!
Quote: JimMorrisonWelcome? I was the first member ever signed up!
I know you, Jim, from my son's challenge. I was basically welcoming you to the forum which has become dominated by EvenBob and Buzzpaff. It's not the forum you joined.....
Quote: SOOPOOI know you, Jim, from my son's challenge. I was basically welcoming you to the forum which has become dominated by EvenBob and Buzzpaff. It's not the forum you joined.....
Gotcha, I missed the sarcasm. Yeah I read the posts here sometimes just not motivated enough to post. Bob used to be annoying now he's...well to say what I think would get me suspended. Never been a fan of Buzz from day one either.
Quote: heatherhowI found a $5000 chip at one of the casino's. They would not let me cash it in. They said they track all the high dollar chips and if I didn't know who it belonged to they couldn't cash it out. Do you think that I could play a table with the chip and try to cash it out that way?
Yeah, the set up for this seems questionable.
Troll or no troll, evenbob nailed it.
Seems to me that for a cashier to tell heatherhow that "if I didn't know who it belonged to they couldn't cash it out," heatherhow must have said she found it.
The denomination is too high for the cashier to simply say "Thank you for bringing this to our attention, and have a nice day" after an admission by heatherhow that the chip was found.
Dominated ? Me, surely you jest !
Have you seen the thread HotBlonde Challenge !
But here are some creative thoughts which may be illegal or definitely are illegal:
1. what would happen if you donated the chip to a charity and got a bonafide tax deductible contribution receipt? That would be worth something.
2. You could also be one of those guys at the airport who says "gee Im about to catch my flight and I forgot to cash in this chip. I'll sell it to you for a discount."
3. Put it on eBay.
4. Take it to a pawn shop in Vegas.
5. Cash it at a DIFFERENT casino. Many of the casinos in Vegas readily exchange chips. And at some of the big Strip casinos $5k chips do not raise any alarm.
6. At the casino where the chip was issued, stand at a high limit craps table and observe. When a dealer asks you if you would like to play, take the chip out of your pocket, throw it on the layout and firmly say "change."
7. Next time you try to cash it at the cage, present your driver license with the chip and say something like "Im sure you want my ID since I don't have a players card." That might disarm the cashier.
Quote: AlanMendelson
5. Cash it at a DIFFERENT casino. Many of the casinos in Vegas readily exchange chips. And at some of the big Strip casinos $5k chips do not raise any alarm.
What casinos are those? $5k chips draw attention at every casino I know of. And majority of the time you will have difficulty cashing them. But that doesn't mean cashier will always seize the chip regardless of what Bob says. Although it has happened before.
A few minutes later a Slot supervisor was there asking what machine she was playing and went back with her to the machine looking for the lost ticket. They didnt find it but the SLOT supervisor was able to pull up the voucher number and trace it to see if it had been cashed,,,it had already been cashed. So Security was called. They reviewed the cameras and were able to tell when she dropped the ticket. They also noted the lady that was sitting across the isle way noticed it and was just waiting for her to leave. Within seconds of her getting up the other lady scooped up that ticket. Security printed out pictures of the lady who scooped up the ticket and went around the floor to see if she was still there....she was. They took her down to the security office and told her she needed to pay that money back.... all she had left was twenty some dollars, the rest went into the machines already. SHe was given a month to repay the rest or she would be banned from the casino.
My mother was told by security to check in with them before she left that night( she told them she was going to be around for another hour or so) Just before leaving she went to the security office and was astounded to learn they got some of her money back. They also told her next time she came in to come down to the security office and check to see it the lady had returned the rest. Few weeks later she was there with a friend and went downstairs to check. Sure enough the lady not wanting to be banned had come up with the missing $110 or so..... it was mostly in rolled coins and small bills, but she got it all back because the floor staff of Caesars Windsor all did their jobs well that night.
Back in March while in Vegas for the first time I happened to come across $300 laying on the floor at the Flamingo. I picked it up and went back to a security officer I saw a minute ago asking what the casino did with money people found on the floor. His reply was "Were you lucky enough to find some money on the floor?" Yes I was...he said well congratulation enjoy yourself....never did ask how much or anything