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AxelWolf
AxelWolf
Joined: Oct 10, 2012
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RS
August 20th, 2019 at 2:23:31 PM permalink
Quote: Rigondeaux

That's also the name of Axel's favorite bar in Vegas.

at least I have a favorite bar as opposed to a favorite Middle School.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
RS
RS
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August 21st, 2019 at 11:25:50 AM permalink
Quote: AxelWolf

at least I have a favorite bar as opposed to a favorite Middle School.


At least he graduated middle school!
Rigondeaux
Rigondeaux
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August 21st, 2019 at 11:34:16 AM permalink
I was thinking. I keep some of my $ in sports betting accounts. Nobody but me really knows this. It's not some secret. Now people here know. I just never really thought to tell anyone.

What if I croaked? I'm going to tell my family so they can go dig it out now. But what if you didn't?

I guess the same would apply to other money in casinos. If nobody ever comes in and picks it up, do they just keep it forever? If so, how often does that happen?

There must be hundreds of people who have died with money on the sports betting apps by now. Many of them probably actively hid it from their families.
FleaStiff
FleaStiff
Joined: Oct 19, 2009
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August 21st, 2019 at 11:44:34 AM permalink
Quote: Rigondeaux

Many of them probably actively hid it from their families.

I would venture to think that many of them thought they were hiding it from their families. Perhaps that is one reason they have expiration dates on tickets and periods of repose for their ledger accounts.
DRich
DRich
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August 21st, 2019 at 11:52:58 AM permalink
I am not positive but I believe dormant casino accounts in Nevada get reported to the state if they can't get a hold of the individual.

Many years ago I got a call from Mandalay Bay casino asking me if I wanted to continue keeping my money on account as I hadn't accessed it in over five years. It was a rather small amount, less than $2k, that I had forgot about.

I would assume the sportsbook accounts would work the same way.
Living longer does not always infer +EV
GWAE
GWAE
Joined: Sep 20, 2013
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August 21st, 2019 at 1:15:29 PM permalink
Quote: Rigondeaux

I was thinking. I keep some of my $ in sports betting accounts. Nobody but me really knows this. It's not some secret. Now people here know. I just never really thought to tell anyone.

What if I croaked? I'm going to tell my family so they can go dig it out now. But what if you didn't?

I guess the same would apply to other money in casinos. If nobody ever comes in and picks it up, do they just keep it forever? If so, how often does that happen?

There must be hundreds of people who have died with money on the sports betting apps by now. Many of them probably actively hid it from their families.



This was a topic on the eac Facebook group that I argued with someone about. In NJ if the account goes dormant for 12 months the casino gets to keep the money. Some guy was pissed because they sent him an email that said he was losing his money if he didnt play in 48 hours. He thought it was BS and I argued that yes it sucks but its in the terms. He even said he was in AC a few weeks prior and djdnt think about it. So in NJ un used money goes to the casino.

In PA it goes to a state holding for unclaimed money.
Expect the worst and you will never be disappointed. I AM NOT PART OF GWAE RADIO SHOW
rxwine
rxwine
Joined: Feb 28, 2010
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August 21st, 2019 at 3:01:54 PM permalink
Did they have to make new laws to address TITO tickets? I assume laws often aren't specific enough to cover new instances of unclaimed money and casinos do whatever they like until then.
Quasimodo? Does that name ring a bell?
AxelWolf
AxelWolf
Joined: Oct 10, 2012
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August 21st, 2019 at 4:38:10 PM permalink
Quote: GWAE

This was a topic on the eac Facebook group that I argued with someone about. In NJ if the account goes dormant for 12 months the casino gets to keep the money. Some guy was pissed because they sent him an email that said he was losing his money if he didnt play in 48 hours. He thought it was BS and I argued that yes it sucks but its in the terms. He even said he was in AC a few weeks prior and djdnt think about it. So in NJ un used money goes to the casino.

In PA it goes to a state holding for unclaimed money.

Are you f****** kidding me??
I don't care if it's in the terms or not, that should be illegal. Do you have any links regarding any of this including any terms and conditions and what online casino you're talking about?

Here's some more b*******, if you deposit cash at the cage in New Jersey for their online casinos they can make you wait up to 72 hours before you can withdraw your cash at the cage. So if you have a two or three day trip to New Jersey that doesn't give you much time to play if you want to be sure to get your money out before you leave. I thought regulating online casinos was supposed to get rid of all the b******* you had to go through versus playing at unregulated online casinos. They're letting the same crooks that run unregulated casinos run the online casinos.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
Hullabaloo
Hullabaloo
Joined: Nov 30, 2014
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Joemanbeachbumbabs
August 21st, 2019 at 4:54:29 PM permalink
GWAE
GWAE
Joined: Sep 20, 2013
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August 21st, 2019 at 6:27:55 PM permalink
Quote: AxelWolf

Are you f****** kidding me??
I don't care if it's in the terms or not, that should be illegal. Do you have any links regarding any of this including any terms and conditions and what online casino you're talking about?

Here's some more b*******, if you deposit cash at the cage in New Jersey for their online casinos they can make you wait up to 72 hours before you can withdraw your cash at the cage. So if you have a two or three day trip to New Jersey that doesn't give you much time to play if you want to be sure to get your money out before you leave. I thought regulating online casinos was supposed to get rid of all the b******* you had to go through versus playing at unregulated online casinos. They're letting the same crooks that run unregulated casinos run the online casinos.



I don't disagree that it is BS but my point was it was published so sometimes people need to take personal responsibility.

I will dig up the link later on.
Expect the worst and you will never be disappointed. I AM NOT PART OF GWAE RADIO SHOW

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