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These machines have been reduced to 8/5/30 paytables.
That's likely right, since the majority of 4-figure tickets I've taken to cages were under $3000, and it could very well be that the places where I've cashed in the larger ones knew me well.
However, I've seen exceptions to that $3000 cash transaction rule (of which I was unaware until now) also, and it could be employee ignorance. Last Sept. I hit a dollar royal at a bar in Pahrump while waiting for a take-out pizza. They told me I'd have to come back in 2-3 hours because they didn't have the cash, which I did, but they paid me in 20's. I then went right over to Terrible's (Gold Town now) and asked for 40 hundreds, which I received no questions asked.
And speaking of the Silverton....early this year before being told I wouldn't be welcome to play there any longer, I went to the cage to cash a $3300 ticket. It took longer than usual (as does everything in the casino at that place) but they did not ask for an ID. I'm not aware of them knowing me because I've never talked to any employee there other than the chit-chat on handpays, and I never talk to casino hosts anywhere.
--- In vpFREE@yahoogroups.com, Bob Dancer <bobdancervp@...> wrote:
> I have. Many times. The casinos MUST fill out paperwork every time someone has a cash transaction of $3,000 or more and additional paperwork for $10,000 or more. If the casino cage knows you (perhaps you are a regular customer and they have your ID on file --- whether from a line of credit, W2Gs, known players file, . . .something) then they can dispense with asking you to show ID. But they still fill out the paperwork using your information on file. At the Silverton, they ask for ID for $1200 or more. In the cases we've been talking about here, the people turning in "found" tickets are not known to the casinos. These people will definitely be asked to show ID for amounts of $3000 or more --- sometimes less. If the tickets are small enough, most players take them to the change machines rather than the cage. There are still cameras on the transactions at most places, but not as much as at the casino cage. Bob
Rob wrote: An ID to cash tickets at the cage? I've never run into that after cashing hundreds of 4-figure tickets, the highest being around $6000, at dozens of Nevada casinos over the years.
I have. Many times. The casinos MUST fill out paperwork every time someone has a cash transaction of $3,000 or more and additional paperwork for $10,000 or more. If the casino cage knows you (perhaps you are a regular customer and they have your ID on file --- whether from a line of credit, W2Gs, known players file, . . .something) then they can dispense with asking you to show ID. But they still fill out the paperwork using your information on file. At the Silverton, they ask for ID for $1200 or more. In the cases we've been talking about here, the people turning in "found" tickets are not known to the casinos. These people will definitely be asked to show ID for amounts of $3000 or more --- sometimes less. If the tickets are small enough, most players take them to the change machines rather than the cage. There are still cameras on the transactions at most places, but not as much as at the casino cage. Bob
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mike wrote: There was a recent incident at the Horseshoe in Hammond IN where a group entering the casino found a $25,000 chip in the parking garage. They were having dinner in the steakouse and asked their server if she thought they could cash it in - the server reported to her boss and casino security told trhe group it was casino property. The group gave it up and the casino comped dinner for six. Maybe they should have left when they found it and looked for a lawyer!
Maybe, but I think most judges and juries would see a big difference between a nickel and a $25,000 chip. I doubt they would be successful in cashing it --- presuming this wasn't a group that normally possessed chips of that size. A comped meal for six might be the best result obtainable. I've received some private emails on this thread for "ask Bob Nersesian this" or "ask Bob Nersesian that." We will have him back on the show and we will be asking him several questions on this subject. Keep in mind, however, that every case is different and every jurisdiction is different. Sometimes little things change the judicial outcome. I don't think we will ever get a 100% clear roadmap of "this is what to do and this is what not to do." Bob
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All VP at choctaw that I have played is class III IGT machines.
In a message dated 8/4/2012 6:24:18 P.M. Central Daylight Time,
ramirez6@tx.rr.com writes:
"Video poker in class II form involves a game in which the game result is
centrally determined (loss or win/amount) and the machine will produce a
hand consistent with that determined win. Because the player can
"interfere"
with that result as a consequence of their hold decision, the machines
I've
seen have a second bonus mechanism that's used to ensure that the
predetermined win is awarded. Class II vp doesn't adhere to standard card
probabilities and typically all players in the casino, slot and vp, are
playing under identical odds -- driven by the central determining
processor."
Huh? So the "good" video poker has the same ER as the lousy slots?
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Vegas Values Report - 5 AUG 2012
http://www.americancasinoguide.com/vegas-values/august-5-2012-vegas-values-report.html
or
http://tinyurl.com/cp98tff
<a href="http://tinyurl.com/cp98tff">
http://tinyurl.com/cp98tff</a>
*************************************************
This link is posted for informational purposes
and doesn't constitute an endorsement or approval
of the linked article's content by vpFREE. Any
discussion of the article must be done in
accordance with vpFREE's rules and policies.
*************************************************
LVA Question of the Day - 5 AUG 2012
Q: With the opening of the new Mob Museum downtown, are
there any tours offered with shuttle service from and to
the Strip?
Read the answer here:
http://www.lasvegasadvisor.com/qod.cfm
<a href="http://www.lasvegasadvisor.com/qod.cfm">
http://www.lasvegasadvisor.com/qod.cfm</a>
NOTE: vpFREE access to the Question of the Day link has
been approved by LVA and expires after the current day
for non-LVA members.
*************************************************
This link is posted for informational purposes
and doesn't constitute an endorsement or approval
of the linked article's content by vpFREE. Any
discussion of the article must be done in
accordance with vpFREE's rules and policies.
*************************************************
