Forced to give up ID & SS cashing out

[ZenMaster_Flash]

biggg,

Your accountant is correct.
I purposely generate CTR's
once a month at my bank.

C.T.R.'s are a problem IF you are committing a financial crime and the I.R.S. is considering prosecution.
The primary reason fore C.T.R's is to monitor money laundering, drug smuggling, terrorism support, etc.

[bigplayer]

$9100 casino can require ID but cannot require SSN. You can call gaming and they will force the casino to cash you out if you give ID. Refusing to give SSN is not suspicious if there is no legal requirement for it. Refusing to give ID if you cash out for $9100 practically forces the casino to file a Suspicious Activity Report on you. Keep your cashouts to less than $3,000 (less than $2,500 is better) and you won't ever have an issue with having to give ID. Better yet, don't cash out immediately after you play, if you're unrated the casino will want to know who you are. At the tables you have all the leverage over the casino because they want your money, at the cage the casino has all of the leverage over you because they want your name and you want your money (which they still consider their money).\

Play and leave. Come back the next day or two a few times and cash out $2,300 a whack over a couple of visits and if play was uneventful save some small amount of chips to buy-in with on your next playing trip.

[BJGenius007]

Bought in for roughly $5000. Cashed out $9100 at the cage. Played unrated at a Vegas store on the strip. Asked for players card, I said I had none. They said you need one to cash this amount out. I said I don't want to give up my SS for fear of identity theft. They insisted I could not cash out this amount without players card (thus giving up all ID & SS). I eventually gave in.

Do I need to give up this information when cashing out amounts near $10K at vegas joints? Or should I have grabbed my chips back, go back slowly and break them down at other table games, and chip them out over time. [Problem was I had 1 day left in Vegas and it'll be a while before I return]

What were my optimal choices? Were they just BS'ing me? Could I have cashed out if I stayed firm and said I'm not giving up ID?

Someone who could win $9100 is likely to be a counter. They just need your information in database so the casino will be alerted next time you play again. So they can watch you closely to see if you are an AP. If confirmed, they can stop you at the door if you dare to return the third time.

[ZenMaster_Flash]

Someone who could win $9100 is likely to be a counter.

Read it again, 'Genius.

He won about half of that.

Still, your point is well taken.

[biggg]

Question - if I get stuck with yellow or chocolate at one of these places does breaking them down at craps or baccarat work? I have heard mixed stories.

[bigplayer]

If you're stuck with yellow you should have no problem breaking them down at most large casinos. At smaller casinos possibly not. You should never accept Chocolate $5000 chips unless you're a rated player under your real name. There are all sorts of hassles in cashing them.

[ZenMaster_Flash]

post #19 by big player is a perfect response.

Just say: "Those big chips are unlucky for me."

[Cougfan]

I can attest to not walking with any $5k or greater chips. I did this a while back in Vegas and when I came back and used the chip to buy-in to a BJ game, all hell broke loose. PC stopped the dealer from giving me change, and a casino manager showed up to quiz me about where I had gotten the chip.

Just color up as you play into purples and blacks, then shove them into your pockets when you leave. If the dealer asks you to color up, say "no thanks". If the dealer / PC insists, you can just tell them the truth, that you had issues cashing out those higher denom chips the last time you were there.

IMHO it is very unethical for a PC to pressure an unrated player into accepting chips that they know the player is not going to be able to easily cash out.

[Marlene]

IMHO it is very unethical for a PC to pressure an unrated player into accepting chips that they know the player is not going to be able to easily cash out.

To them it is not unethical at all it is SOP especially if you won big.

[Cougfan]

To them it is not unethical at all it is SOP especially if you won big.

If you have any morals or ethics you are not qualified to work in casino management.

[BJGenius007]

I can attest to not walking with any $5k or greater chips. I did this a while back in Vegas and when I came back and used the chip to buy-in to a BJ game, all hell broke loose. PC stopped the dealer from giving me change, and a casino manager showed up to quiz me about where I had gotten the chip.

Just color up as you play into purples and blacks, then shove them into your pockets when you leave. If the dealer asks you to color up, say "no thanks". If the dealer / PC insists, you can just tell them the truth, that you had issues cashing out those higher denom chips the last time you were there.

IMHO it is very unethical for a PC to pressure an unrated player into accepting chips that they know the player is not going to be able to easily cash out.

First, this AP is the last person I want to see in my table. He Wong in and out based on TC and rathole chips whenever he decides the pit boss is not watching.

So in some grave yard hour there was not many tables open and I decided to play at his table. After I took $500 from my wallet, he immediately took one purple chip out and asked me if he could exchange it with my money. I told him that I saw pit boss stop such a transaction before, it is forbidden in this casino, so the answer is no. He said but the pit boss is not looking. My answer is still no. I can sense he was mad at me afterwards. What would you do? Help an AP out or not.

[Bodarc]

What would you do?

I would say I have no way of knowing if the chip is counterfeit.

[LVBear584]

What would you do? Help an AP out or not.

I would politely decline the request without explanation or excuses.