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Thread: pros and cons of Indian casinos

  1. #27


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    Quote Originally Posted by Lasoflye View Post
    At an Indian Casino would it make sense to cash in chips between shoes if your up ?

    If it is true they can steal your chips but not cash .

    say you bought in with 2k, and now have 12k at the table .

    would it make sense to leave during shuffle to cash in 9k ?

    at worst case scenario they can only steal 3k chips
    I would say that would draw more attention to you than you want. What ploppy cashes out chips between shuffles?

    The structuring comments have merit, as well.

    And finally, in the Native casinos I play at, 10K is A LOT of money. Offhand I can only think of one that wouldn't sweat that action. I saw a player backed off for winning about 6K on sidebets. Maybe he had an angle, but I couldn't figure it out. But if they are going to sweat a luck fish on his sidebet winnings, for longevity I keep my winnings under 2K, and sometimes that is too much.

    ***I also cap my losses, FWIW in this area. They don't need to know I'm bankrolled to play their game.

  2. #28


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    Quote Originally Posted by RCJH View Post
    What ploppy cashes out chips between shuffles?
    It happens more often than you think. Some ploppies believe their comps are based on their buy-in. So, they keep cashing chips at the cage and buying in for more at the table. In casino lingo, it's called false drop.
    Last edited by 21forme; 07-04-2019 at 08:12 AM. Reason: Caught typo before Don

  3. #29


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    IMO, if you're going to cash out in between shoes and whatnot....I would absolutely 1000000% do it when I definitely have LESS THAN $10,000 in chips, and I wouldn't do it more than once (even though I probably wouldn't even do it to begin with).

    Technically, I think the having $12k and cashing out $9k in between shoes would possibly be legal, given your intent is to limit the amount of chips the casino would seize from you and your intent is not to avoid a CTR. However, this doesn't mean that you should do it, since the burden of proof is on you to prove your innocence, which would be tough to do (even if/when you really are innocent). AFAIK, structuring laws require intent to evade a CTR.
    "Everyone wants to be rich, but nobody wants to work for it." -Ryan Howard [The Office]

  4. #30


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    Quote Originally Posted by Jabberwocky View Post
    If you don't hold US citizenship, it does not apply.
    Structuring is a crime that has nothing to do with citizenship.

  5. #31


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    Quote Originally Posted by RCJH View Post
    Right?

    I know of one store in that state that doesn't care. One. And it's a bad game, but you can spread has much as you want as long as you're paying the ante. Which, by the way, increases as your bet does.

    Blackjack is supposed to be positive off the top, so they charge an ante so they presumably get paid since every patron presumably wins. In reality, just like anywhere, some games are better and some are worse, but I've yet to find one positive off the top. To comply with the law, the table hold is given back to the players in terms of monthly or weekly prizes, tournaments, etc. I suspect there's some skimming going on, otherwise why would they care if you counted? Its player money, right?

    But yeah, a lot of them are very sweaty.
    Any chance you wanna email me the casino name that doesn't care?

  6. #32
    Senior Member bigplayer's Avatar
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    Quote Originally Posted by Jabberwocky View Post
    If you don't hold US citizenship, it does not apply.
    Nonsense. CTR rules apply to everyone.

    Sent from my SM-G960U1 using Tapatalk

  7. #33
    Senior Member Jabberwocky's Avatar
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    Quote Originally Posted by bigplayer View Post
    Nonsense. CTR rules apply to everyone.

    Sent from my SM-G960U1 using Tapatalk
    So why would a sovereign nation comply with US tax law as regards a CTR? Can you riddle that one?

  8. #34


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    Quote Originally Posted by Jabberwocky View Post
    So why would a sovereign nation comply with US tax law as regards a CTR? Can you riddle that one?
    Here are the rules for tribes. It looks like they can be exempt in some cases.
    https://www.fincen.gov/resources/sta...ally-owned-and

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