See the top rated post in this thread. Click here

Results 1 to 13 of 15

Thread: What's the standard procedure for card counters to cash out chips at far casinos?

Hybrid View

Previous Post Previous Post   Next Post Next Post
  1. #1


    Did you find this post helpful? Yes | No
    Isn't cashing chips in increments illegal? Called structuring in the USA. If you break up $10,000 (ctr threshold) for whatever reason, you're money laundering. I'm not certain, but have seen this warning in other AP circles.

  2. #2


    Did you find this post helpful? Yes | No
    Quote Originally Posted by seedandfeed View Post
    Isn't cashing chips in increments illegal? Called structuring in the USA. If you break up $10,000 (ctr threshold) for whatever reason, you're money laundering. I'm not certain, but have seen this warning in other AP circles.
    For CTR yes,

    For casino's house rules for ID'ing card counters, no. It's way lower than $10000, often just $1000

Similar Threads

  1. Chips no longer good as cash!
    By Stealth in forum General Blackjack Forum
    Replies: 50
    Last Post: 06-09-2016, 02:07 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.