Page 3 of 3 FirstFirst 123
Results 21 to 23 of 23

Thread: Why can cage demand ID?

  1. #21


    Did you find this post helpful? Yes | No
    Quote Originally Posted by ShipTheCookies View Post
    Not a good idea to admit that you're structuring. I'd delete that post if I were you.
    Under 10,000 is not structuring.

    Structuring is avoiding CTR. That doesn't apply here. He's avoiding internal administrative rules.

    Back to flipping burgers you go.

  2. #22


    Did you find this post helpful? Yes | No
    Quote Originally Posted by BJGenius007 View Post
    If your total winning from 0:00 to 23:59 exceeds $10K and did not cash out at the same time or report it on your last trip to the cage that date, it is illegal.

    Some casinos choose 3K or 1K threshold to record your name then do the addition for you. Normally 3K or 1K threshold is sufficient enough to avoid some people from structuring. They can still use camera to catch people who visit cages 20 times to cash $500 each.

    The best way is not to win over $10K each date. Otherwise just report it. Don't try to outsmart US government. The casinos have nothing to do with this matter. They don't use the opportunity to collect AP's name. Otherwise, they are messing with US government, too.
    CTR has nothing to do with winnings - you're mistaking a CTR for a W2-G. You can buy $11,000 in chips and cash them out at the same window and they have to generate a CTR.
    Same thing at your bank. You can withdraw $10,000 in cash and deposit it a moment later and a CTR will be generated.
    They (casino or bank) is not reporting winnings, they're reporting a cash transaction.

  3. #23


    Did you find this post helpful? Yes | No
    Quote Originally Posted by GMass View Post
    CTR has nothing to do with winnings - you're mistaking a CTR for a W2-G. You can buy $11,000 in chips and cash them out at the same window and they have to generate a CTR.
    Same thing at your bank. You can withdraw $10,000 in cash and deposit it a moment later and a CTR will be generated.
    They (casino or bank) is not reporting winnings, they're reporting a cash transaction.
    Well said!

Page 3 of 3 FirstFirst 123

Similar Threads

  1. cage error protocol
    By ZeeBabar in forum General Blackjack Forum
    Replies: 50
    Last Post: 02-02-2018, 09:18 PM
  2. The ID at the cage, and how to not give it.
    By ACFERRET in forum General Blackjack Forum
    Replies: 9
    Last Post: 04-19-2017, 07:14 PM
  3. Cash or cage?
    By TheHypnoToad in forum General Blackjack Forum
    Replies: 11
    Last Post: 12-16-2012, 10:50 AM
  4. ID'ed at Cashier's Cage
    By Chip Hoarder in forum General Blackjack Forum
    Replies: 13
    Last Post: 07-15-2012, 02:57 PM
  5. Chachie: Cage Call
    By Chachie in forum Main Forum
    Replies: 0
    Last Post: 05-25-2003, 12:17 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

About Blackjack: The Forum

BJTF is an advantage player site based on the principles of comity. That is, civil and considerate behavior for the mutual benefit of all involved. The goal of advantage play is the legal extraction of funds from gaming establishments by gaining a mathematic advantage and developing the skills required to use that advantage. To maximize our success, it is important to understand that we are all on the same side. Personal conflicts simply get in the way of our goals.