If anybody is carrying Horseshoe (Vegas) chips for future use (like I used to do), you might want to cash them in. Gaming Control has apparently shut down 2/3 of the casino due to lack of cash on hand, or something like that.
Maybe buy a few $1 or $5 chips, and sell them on ebay to some chip collecting idiot if they fold. I am astounded at some of the prices paid for defucnt casino chips.
Also, I'd suggest avoiding futures bets at their sportsbook.
> If anybody is carrying Horseshoe (Vegas)
> chips for future use (like I used to do),
> you might want to cash them in. Gaming
> Control has apparently shut down 2/3 of the
> casino due to lack of cash on hand, or
> something like that.
> Maybe buy a few $1 or $5 chips, and sell
> them on ebay to some chip collecting idiot
> if they fold.
I tend to agree with your above statement, but realize that some of these idoits will pay 20 times what your net worth is for a bloody comic book!
I am astounded at some of the
> prices paid for defucnt casino chips.
These are usually (FIGHT NIGHT) chips and can be sold for anywhere between 2-15 times their original value.
Also, I'd suggest avoiding futures bets at
> their sportsbook.
If you're interested there is a good website with Vegas chips and what they are worth.
WWW.OLDVEGASCHIPS.COM
> If anybody is carrying Horseshoe (Vegas)
> chips for future use (like I used to do),
> you might want to cash them in. Gaming
> Control has apparently shut down 2/3 of the
> casino due to lack of cash on hand, or
> something like that.
What's the reason of the Horseshoe's great financial decrease? I thought it was considered one of the major casinos in Vegas, mostly for accepting extremely high bets. Sure, Becky owed his brother, Jack, plenty for buying him out of the casino, albeit it cannot cause an economical crisis, no?
Regards, Robert V. Lux
Becky Binion Behnen took control of the Las Vegas Horseshoe from brother Jack Binion in what the Las Vegas Review-Journal described as a "hostile takeover," following a nasty court battle. Some of the dirt that Becky brought up in the trial resulted in Jack subsequently losing his gaming license in Indiana, and having to sell his casino there. This family makes the Ewings (from the "Dallas" TV show) look like the Waltons.
Almost immediately, stories started flying that the 'Shoe was in financial trouble. Becky claimed that Jack had diverted too much money into the southern and midwestern operations, leaving the Las Vegas 'Shoe undercapitalized. However, the prevailing wisdom on the Las Vegas street is that Becky and her husband are simply not very good at running a casino and have driven a once-great establishment into the ground.
Obviously, brother Jack can step in and save the place if he wants to.
But will he want to?
(Administrative grumble: This really belongs on the Las Vegas page.)
. . . the murder! :-)
Couldn't have possibly happened to a nicer family.
Don
> . . . the murder! :-)
> Couldn't have possibly happened to a nicer
> family.
> Don
Murder? Which one? I can think of at least three murders that were in some way connected to the Binion family. Of course, you were referring to the most famous one, that of wayward son Ted, murdered by his girlfriend.
I barely scratched the surface in my previous post. There have already been a couple of books written about the Binion family, and I am sure there will be many more. Eventually there will be a movie - the story was made for Hollywood.
I met Benny Binion briefly once, back in the early 80's. He seemed like a really nice guy, except for the part about being a cold-blooded killer. :-)
about the Binion's (and it's all probably true,) they ran a great store in Benny Binion's time. While Benny was on television loudly proclaiming that card-counting didn't work and issuing challenges to Uston, his PB's knew full well it did work. And they allowed it to continue as long as players weren't any good at it and/or didn't press too hard. That's how every store should be managed. And they invented the polite barring. It's a shame when a place like Binion's or CP loses itself. Besides, there was a Greek Goddess that dealt there in Benny's time
Guess it's time for me to cash out my chips from that score that you witnessed (in BJF).
(I'm not kidding.)
If you hear anything about liquidity problems on Horseshoe chips, including $500 chips, please let me know immediately. Thanks.
> about the Binion's (and it's all probably
> true,) they ran a great store in Benny
> Binion's time.
>That's how every store should be managed. And >they invented the polite barring.
So when was Benny Binion's time? Up until what year? "Horseshoe" and "polite barring" aren't next to each other in my mind's dictionary. Horseshoe is where two hole-carders were nearly killed in the back room. I believe that was in the early '80s, when maybe Ted was running the joint. Didn't Ted murder a drunk and obnoxious patron?
As for Horseshoe's reputation for not sweating, oh please. Sure, they've taken sucker action, but from what I can see, they sweat the dangerous action as much as any other dump does.
I do have some happy memories from there, like my first time counting single-deck. It hadn't really sunk in yet that $25-$400 was too big a spread, with my partner going $25-$600 at the same table. When the floorbum started jumping up and down, we knew it was time to hit the door. What's the deal? We're losing money for the session, and this is the Horseshoe. Aren't they supposed to take the action?
> Guess it's time for me to cash out my chips
> from that score that you witnessed (in BJF).
> (I'm not kidding.)
> If you hear anything about liquidity
> problems on Horseshoe chips, including $500
> chips, please let me know immediately.
> Thanks.
Things have more or less returned to normal. I was in there recently and all the pits on east side have re-opened, and all the slots are up and running. I cashed a few $500 chips, and there seemed to be plenty of cash in the cage.
Still, I wouldn't hold onto them too much longer if I were you.
Maybe you could get Bob Stupak to cash them for you. :-)
> So when was Benny Binion's time? Up until
> what year? "Horseshoe" and
> "polite barring" aren't next to
> each other in my mind's dictionary.
> Horseshoe is where two hole-carders were
> nearly killed in the back room. I believe
> that was in the early '80s, when maybe Ted
> was running the joint. Didn't Ted murder a
> drunk and obnoxious patron?
> As for Horseshoe's reputation for not
> sweating, oh please. Sure, they've taken
> sucker action, but from what I can see, they
> sweat the dangerous action as much as any
> other dump does.
> I do have some happy memories from there,
> like my first time counting single-deck. It
> hadn't really sunk in yet that $25-$400 was
> too big a spread, with my partner going
> $25-$600 at the same table. When the
> floorbum started jumping up and down, we
> knew it was time to hit the door. What's the
> deal? We're losing money for the session,
> and this is the Horseshoe. Aren't they
> supposed to take the action?
They did with Kyung!
> Guess it's time for me to cash out my chips
> from that score that you witnessed (in BJF).
> (I'm not kidding.)
> If you hear anything about liquidity
> problems on Horseshoe chips, including $500
> chips, please let me know immediately.
> Thanks.
The word is the Shoe has met the cage requirments
to fully operate. Wait till the WSOP to cash out.
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