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  #1  
Old May 27th, 2011, 06:48 AM
BOND BOND is offline
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Default You Win Big: Cash-in the Chips Now or Later?

You had a big win playing blackjack and the suits give you a serious stare down but no backoff. You decide to stop playing. What is your exit strategy?

a) Go directly to the cage, cash-in all the chips, and risk the casino taking the perfect photo.

b) Leave the casino with the chips and cash-in the chips another day. Possibly prevented from rentering the casino and difficuties cashing-in the chips.

Any opinions?

Last edited by BOND; May 27th, 2011 at 06:56 AM.
  #2  
Old May 27th, 2011, 07:08 AM
21forme 21forme is offline
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Leave. Have wife, girlfriend, etc. cash some of the chips another shift. Rinse and repeat.
  #3  
Old May 27th, 2011, 07:27 AM
Sucker Sucker is offline
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This is a no-brainer.
  #4  
Old May 27th, 2011, 07:41 AM
BOND BOND is offline
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Default Only Constructive Opinions Please

Quote:
Originally Posted by Sucker View Post
This is a no-brainer.
Only constructive opinions please..

Unfortunately, it sometimes is not that simple to change chips later. You are traveling alone, for example. Or your flight is later the same day.

Occasionally, casinos make it difficult to change a large sum of chips the next day and/or by another person who has not been playing any casino games.
  #5  
Old May 27th, 2011, 07:52 AM
johndoe johndoe is offline
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If it's not possible or practical to come back later or have someone else handle it, then sure, cash the chips. Just keep your head down and be sure the amount is <$10k. But it's best to get out.

A quick stop at the restroom, and if possible going to a cage in another area, might be worthwhile.
  #6  
Old May 27th, 2011, 09:06 AM
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Gamblor Gamblor is offline
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Quote:
Originally Posted by johndoe View Post
If it's not possible or practical to come back later or have someone else handle it, then sure, cash the chips. Just keep your head down and be sure the amount is <$10k. But it's best to get out.

A quick stop at the restroom, and if possible going to a cage in another area, might be worthwhile.
This might be a dumb question, never had the "misfortune" of having to cash in $10K+, but lets say you won $18K, would a CTR be generated if you cashed out $9K and deposited the other $9K with the casino cage? Technically, you haven't transacted $10K in currency.

Last edited by Gamblor; May 27th, 2011 at 09:09 AM.
  #7  
Old May 27th, 2011, 09:19 AM
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zengrifter zengrifter is offline
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Quote:
Originally Posted by Gamblor View Post
Technically, you haven't transacted $10K in currency.
However, technically, you may have engaged in a fraudulent 'structuring' intended to circumvent regulatory process. zg
  #8  
Old May 27th, 2011, 09:59 AM
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Gamblor Gamblor is offline
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Quote:
Originally Posted by zengrifter View Post
However, technically, you may have engaged in a fraudulent 'structuring' intended to circumvent regulatory process. zg
Of course, would not suggest anyone do this to circumvent regulatory processes, that would be wrong!

But some people do have the legitimate need of depositing their money with the casino, don't want to be waddling around with huge sums of cash in your pocket.
  #9  
Old May 27th, 2011, 10:24 AM
Sucker Sucker is offline
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Quote:
Originally Posted by BOND View Post
Unfortunately, it sometimes is not that simple to change chips later. You are traveling alone, for example. Or your flight is later the same day.
Occasionally, casinos make it difficult to change a large sum of chips the next day and/or by another person who has not been playing any casino games.
Sorry about that; did not mean to sound sarcastic one bit.
You gave us a choice of only 2 options; both options can be correct or incorrect depending upon the circumstances. The best decision can only be made by the person who was there, and to whom all circumstances are known. THAT'S what I meant by "no-brainer".
  #10  
Old May 27th, 2011, 10:39 AM
tthree tthree is offline
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If you are playing an amount unrated (no players card) to win that kind of money they already took your picture. That is one of the biggest red flags out there. What gambler who has been around the block a few times isnt going to want comps for his action? If they ask for a card and you decline to give them one or have them make one from your ID, you might as well write counter on your forehead. That's what they will see.

If you have to cash out $10,000 or more, have them cut you a check. No ctr involved. No limit to the amount.
 

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