All Blackjack is Local?

alwayssplitaces

Well-Known Member
If you play for high stakes nationally, don't play rated in AC at the Harrah's properties or any other national chain. Sure, they can't back you off in AC, but your name will be tarnished and you could get backed off in Vegas. But you can play rated in the Trump casinos or the Borgata since they're only in AC. And if you're a red chipper, play rated anywhere except the sweaty places since the big places aren't even going to look at your spread. Basically if your hourly EV is less than the management's salary, you're good.
 

21forme

Well-Known Member
In my experience, they are less paranoid about unrated players in AC than LV, as long as you're playing green or less. Also in AC, they don't hassle you for ID at the cage unless you're close to CTR level. I've cashed 1K chips plenty of times in AC and they never call the pit to verify where it came from, like they do in LV.
 

aslan

Well-Known Member
alwayssplitaces said:
If you play for high stakes nationally, don't play rated in AC at the Harrah's properties or any other national chain. Sure, they can't back you off in AC, but your name will be tarnished and you could get backed off in Vegas. But you can play rated in the Trump casinos or the Borgata since they're only in AC. And if you're a red chipper, play rated anywhere except the sweaty places since the big places aren't even going to look at your spread. Basically if your hourly EV is less than the management's salary, you're good.
Actually, you're right and you're wrong. Currently, Borgata (Boyd Gaming) does not appear to share information with other properties, such as The Orleans, the Gold Coast, the Suncoast, California, Fremont, Main Street Station (all in Vegas); and other casinos in Illinois, Indiana, Louisiana and Mississippi. But you never know when they will begin.
 

21forme

Well-Known Member
aslan said:
Actually, you're right and you're wrong. Currently, Borgata (Boyd Gaming) does not appear to share information with other properties
Borgata sometimes shares info with their neighbor, Harrahs Marina
 

blackjacktilt

Well-Known Member
what?

aslan said:
Actually, you're right and you're wrong. Currently, Borgata (Boyd Gaming) does not appear to share information with other properties, such as The Orleans, the Gold Coast, the Suncoast, California, Fremont, Main Street Station (all in Vegas); and other casinos in Illinois, Indiana, Louisiana and Mississippi. But you never know when they will begin.
How would you know who shares information?
I mean it would make sense for the strip to share and casinos that are close in distance or under the same management.
If you'd rather not reveal it publicy, please PM me.
Thanks
 

Canceler

Well-Known Member
Answering the original question, instead of the example question… :grin:

blackjack avenger said:
Are blackjack answers often dependent on one's location?
Perceptions can be colored by your own experience, so I would say yes, especially for those of us who don’t get around much.

A couple of examples:

In one recent thread it was stated that one would have to search long and hard to find a casino with a rule against hitting a hand total of hard or soft 21. I knew my local casino had that rule, so for me it was flat simple to find one.

I may know I can beat my local game, but someone with access to better games might declare it unplayable.
 

FLASH1296

Well-Known Member
RE: H.E.T. [a.k.a. The Evil Empire"]

Backed-off / trespassed in Las Vegas generally results in the A.C. properties being informed.

Although they cannot actually bar you in A.C., they will remove you from their list of players sent tasty 'offers', [e.g. match play, free tournies], by mail.

 

aslan

Well-Known Member
FLASH1296 said:
RE: H.E.T. [a.k.a. The Evil Empire"]

Backed-off / trespassed in Las Vegas generally results in the A.C. properties being informed.

Although they cannot actually bar you in A.C., they will remove you from their list of players sent tasty 'offers', [e.g. match play, free tournies], by mail.

Now dubbed xxxxxcaesarsxxxxx, after their starship, at which I have never won a copper penny. Has anyone? But food and room comps fare better than their game fare.
 

blackjack avenger

Well-Known Member
Yes, Original ? Over Example

I think the responses so far speak to me starting the thread. Are answers to most of the bj questions asked all encompassing or dependent to one's location?

A recent thread:
Amount of bank needed to win 30k a year?
Location would matter, Vegas vs AC
 

Cardcounter

Well-Known Member
Cash transaction cut off.

The CTR cut off is $2,500 for one transaction before they start filling out paper work. A $1,000 cash out might get a call to the pit but it won't get a CTR. I know because I used to work in the casino. If you cash out more than $10,000 in one day they are mandated to let the IRS know. That rule really killed the high roller business.
 

Dyepaintball12

Well-Known Member
blackjack avenger said:
Are blackjack answers often dependent on one's location?

Example:
Playing rated in AC vs Vegas

:joker::whip:
good cards
Oh my yes! Everything depends not only on which area your in like LV vs. AC but which casino you are in. And even which casino you are in even if they are owned by the same company.

Everything is different everywhere.
 

blackriver

Well-Known Member
Cardcounter said:
The CTR cut off is $2,500 for one transaction before they start filling out paper work. A $1,000 cash out might get a call to the pit but it won't get a CTR. I know because I used to work in the casino. If you cash out more than $10,000 in one day they are mandated to let the IRS know. That rule really killed the high roller business.
i know this is kinda ridiculous, but do people just win 10k and cashout 2.4 and come back 16 or 30hrs later to play and cash out another ~2k as long as they dont lose more than 5k (10 - 2.5x2 )back? maybe this is what locals do. also maybe we should start a clearing house? so u could trade ur 7.5k (10-2.5) for 2500 in ti, 2500 in cec and 2500 palms etc
 

aslan

Well-Known Member
blackriver said:
i know this is kinda ridiculous, but do people just win 10k and cashout 2.4 and come back 16 or 30hrs later to play and cash out another ~2k as long as they dont lose more than 5k (10 - 2.5x2 )back? maybe this is what locals do. also maybe we should start a clearing house? so u could trade ur 7.5k (10-2.5) for 2500 in ti, 2500 in cec and 2500 palms etc
Everyone I know who wins more than $10,000 has someone else cash in some of their chips. I have not heard that personal information is requested from anyone cashing in under $10,000, but even if they do, if it's under $10,000, it's not reported to the IRS.
 

paddywhack

Well-Known Member
aslan said:
I have not heard that personal information is requested from anyone cashing in under $10,000, but even if they do, if it's under $10,000, it's not reported to the IRS.
I have personally been required to give ID cashing out >$2500. First time I had no clue this rule even existed. Last time it was cashing out $2300. Tried to get them to give me back a few blacks to stop the process but they refused. I'll keep it under $2000 from now on.
 
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aslan

Well-Known Member
paddywhack said:
I have personally been required to give ID cashing out >$2500. First time I had no clue this rule even existed. Last time it was cashing out $2300. Tried to get them to give me back a few blacks to stop the process but they refused. I'll keep it under $2000 from now on.
I do remember some thread last year that talked about some IRS paper process that was initiated at a lesser amount than $10,000, $2,500 comes to mind, but does not result in a CTR. Were you able to challenge giving up your ID?

But no matter for those who have other people cash some of their chips. I do not think the casino is much concerned about tracking big winners except for internal purposes, player rating. I don't think the information collected at $2,500 is reported outside the casino. Perhaps, they are required to keep records for some future eventuality, or specific IRS request. We may need a thread to explore any modifications to the IRS reporting and recordkeeping requirements for casinos.
 
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FLASH1296

Well-Known Member
The C.T.R. to the Treasury Dept. is triggered by EXCEEDING $10,000.
Lesser amounts, like $2,500, are merely the casino's own procedures.


"That rule really killed the high roller business."

;)

Checks, credit, money orders, wire transfers, saved large denomination chips

are ALL methods that I have used for two decades to avoid the dread C.T.R.

IF I am playing (carded), cashing out for a large sum,
I ask for a check and am always accommodated.
 

paddywhack

Well-Known Member
aslan said:
I do remember some thread last year that talked about some IRS paper process that was initiated at a lesser amount than $10,000, $2,500 comes to mind, but does not result in a CTR. Were you able to challenge giving up your ID?

Not on either occasion. First one was no big deal, I'm well known there, just didn't know they needed ID.

Last time wasn't a big deal either although I had been playing unrated. I told the cage I didn't have a card and they were a little confused when they entered my name into the computer and found out that I did have one. Really?? I do?? ;);) Nothing happened, no paperwork was completed.
 

aslan

Well-Known Member
FLASH1296 said:
The C.T.R. to the Treasury Dept. is triggered by EXCEEDING $10,000.
Lesser amounts, like $2,500, are merely the casino's own procedures.


"That rule really killed the high roller business."

;)

Checks, credit, money orders, wire transfers, saved large denomination chips

are ALL methods that I have used for two decades to avoid the dread C.T.R.

IF I am playing (carded), cashing out for a large sum,
I ask for a check and am always accommodated.

This may be of interest. If a casino suspects that you are cashing chips in several transactions to avoid a CTR filing ($10,000 threshold), they are required to file an SAR. This is one reason they might ask a patron for their ID when cashing chips of a lower value than $10,000.





Since March 25, 2003, casinos have been required to file Suspicious Activity Reports (SARs) when the casino knows, suspects, or has reason to suspect that a transaction (or a group of related transactions) involving $5,000 or more meets one of the following descriptions:

  • Involves funds derived from illegal activity or is intended to conceal funds derived from illegal activity;
  • Is intended to avoid or prevent the filing of a Currency Transaction Report for Casinos (CTRC);
  • Has no apparent business or other lawful purpose;
  • Is not the type normally expected from that particular customer; or
  • Involves the use of the casino to facilitate criminal activity.
http://www.americangaming.org/assets/files/SARC_Policy_(6).pdf (Archive copy).
 
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