Question About Walking out With Chips

[Bluest]

Hey guys. Thank you for allowing me to post; I'm new here, and new to the world of AP. Tell me please, I can understand why you would walk out without cashing all your chips right away... but what makes these chips official in a way that they will recognize them when you come back in? Are they tagged with radio chips or something? If it's just a logo or color... couldn't anyone have them made up and try to defraud the casino?

How do you know and feel confident they will honor their chips and cash you out, and how do they know the chips are real?

Thank you for any replies!

 

[BJgenius007]

Most chips these days are inserted with RFID chip inside. My casino put them in a plate, then the total will display immediately without cashier added the values together. If it is a big amount, the pit boss will remind me of cashing the chips in 24 hours or the same day. These are the measurements casinos use technology to counter AP.

 

[Bluest]

Thank you! Very helpful. So, if you tried to cash those chips beyond 24 hours, would they try to refuse you?

 

[BJgenius007]

Thank you! Very helpful. So, if you tried to cash those chips beyond 24 hours, would they try to refuse you?

I think right now you are OK to cash the chips with days or even months passed by. But the casinos prefer players cash them out in the same day. And in the future when most people are costumed to such rules, they may make the change.

 

[johndoe]

I wouldn't say that "most chips" have RFID these days. A few do, for higher denominations especially, but I think they're still the exception. There are all kinds of reasons it's helpful to keep a stash of chips.

Sure, people have made counterfeit chips before, but it's far from easy, and many do get busted.

 

[Bluest]

Well, I would be afraid that once I walked out with those chips... I mean they're just plastic! Right? What if you came in the next day to cash and they said "These aren't from our casino" or something. Are they that different from chips at another casino?

 

[johndoe]

They're as distinct, and almost as reliable, as currency.

 

[Bluest]

I also wanted to ask you guys, forgive me for a bit off topic from this thread, when you split, in some of the BJ live play videos I've watched, people seem to only get one hit on each card. It wasn't that they waved their hand; there seemed to only be 1 available. In the case of A,2 obviously you would likely take another hit. Do most casino rules allow you to hit multiple times on each hand after a split?

 

[johndoe]

Yes, most casinos allow you to hit multiple times on split cards, as well as double. But it's very common to not allow this on split aces, which is what you observed. It doesn't affect the odds all that much.

 

[Bluest]

They're as distinct, and almost as reliable, as currency.

Interesting! Due to the design / logo?

 

[johndoe]

Have you played in an actual casino? The chips are highly detailed, with a variety of anti-forgery features, at least as much as any coin, if not hard currency. They aren't using poker chips you buy at Walmart.

 

[Bluest]

Yes, most casinos allow you to hit multiple times on split cards, as well as double. But it's very common to not allow this on split aces, which is what you observed. It doesn't affect the odds all that much.

Are there games that allow you to take another hit on a double down?

 

[Bluest]

Have you played in an actual casino? The chips are highly detailed, with a variety of anti-forgery features, at least as much as any coin, if not hard currency. They aren't using poker chips you buy at Walmart.

I have never been in a casino. That's why I came to this forum to seek advice and information.

 

[johndoe]

Are there games that allow you to take another hit on a double down?

No, not after doubling.

 

[London Colin]

No, not after doubling.

There are rare games that feature redoubling in some form. We've discussed them in the past.

I can"t remember what other rule variations were in force, but, as I recall, the games were much closer to regular BJ than, say, Spanish 21.

Also, I believe one was in Prague and one in Monte Carlo, so maybe there are none in the U.S.

 

[MJGolf]

Are there games that allow you to take another hit on a double down?

Usually a different "carnival" BJ game, like Spanish 21 or Super Fun 21, where the rules or playing conditions make up for the extra favorable option of hitting after doubling. Such as dealer pushes when they make 22 or removal of all 10s in Spanish 21 or pay even money on Blackjacks.

 

[johndoe]

Yes, they exist under very rare conditions, blackjack variants, or special promotions, but it's worth not confusing someone who is clearly very new to the game.

 

[Bluest]

Gotcha. Thank you.

 

[Bluest]

I'm curious about taxes. I've read about CTR, but it seems the casino only requires it for cash in or cash out of 10k or more. If you win three thousand dollars, get paid and walk out, is it up to you to take care of tax obligations? In other words, the casino doesn't keep a record of this?

 

[johndoe]

The casinos will provide you with win/loss records upon your request, but they are not necessarily accurate. It's up to you to do your own taxes. The CTR is technically an anti-money laundering measure, not a tax measure, fwiw. I believe the withholdings (W2G and the like) apply only to various jackpots over a certain amount.