Buying in for $15,000

flyingwind

Well-Known Member
Say your betting system requires a lot of moolah. You want to bring $15k or $20k to play with. How do you do it?

I've seen someone get a marker for $15k, but then you're giving up your ID.
 

matt21

Well-Known Member
flyingwind said:
Say your betting system requires a lot of moolah. You want to bring $15k or $20k to play with. How do you do it?

I've seen someone get a marker for $15k, but then you're giving up your ID.
Just take it with you in cash. $15-$20k comfortable fits into typical dress-jacket pockets.
 

NightStalker

Well-Known Member
you have to give id for any buy-in>=10k

in a single day..

Use a bag of chips.. buy 9k at bacara and then goto blackjack..
 

HockeXpert

Well-Known Member
flyingwind said:
Say your betting system requires a lot of moolah. You want to bring $15k or $20k to play with. How do you do it?

I've seen someone get a marker for $15k, but then you're giving up your ID.
I'm just curious if this really belongs under voodoo:confused:. If someone were using a betting system and nothing else, why would they worry about id and why wouldn't they want the comps?

Feel free to ignore this if I'm missing something:laugh:
 

flyingwind

Well-Known Member
HockeXpert said:
I'm just curious if this really belongs under voodoo:confused:. If someone were using a betting system and nothing else, why would they worry about id and why wouldn't they want the comps?

Feel free to ignore this if I'm missing something:laugh:
This should applies to AP BJ using a counting system. Then again, I suppose a progression bettor may also want to buy in big.

I was trying to post this under BJ general, but I think I miss-posted when I was posting so late at night. My eyes weren't seeing right.
 

flyingwind

Well-Known Member
NightStalker said:
in a single day..

Use a bag of chips.. buy 9k at bacara and then goto blackjack..
I agree with your other comments - and thank you for the advice.

A bag of chips? This part I'm not quite understanding.
 

flyingwind

Well-Known Member
matt21 said:
Just take it with you in cash. $15-$20k comfortable fits into typical dress-jacket pockets.
Well, hello Matt. I’ve read some of your older posts, including the “my final conclusions on CC” post which I’ve been waiting and waiting for an update on. I use your spreadsheet to track myself. I wish you would weigh in on some of the other threads that I’ve started and posted in. Thanks for weighing in on this thread.

At this point, I just simply bring the cash with me. Never before had I realized that 10k in Benjamins was not that thick and could fit inside the pocket of a sports jacket. It looks like one of those high-stakes late night poker game shows when you take out a 10k with a white wrapper on it and throw it on the table. Might as well yell, “I’m all in” for effect.

Is this how the kids from MIT used to do it? Take the many packets of slightly less than 10ks taped to their body and just toss it on the table for buy in?

I just wondered if there were more elegant ways to bring cash to the tables. For example, does anyone convert cash to chips at the cage?

And of course, the ever pressing need to not show ID.
 

shadroch

Well-Known Member
flyingwind said:
Well, hello Matt. I’ve read some of your older posts, including the “my final conclusions on CC” post which I’ve been waiting and waiting for an update on. I use your spreadsheet to track myself. I wish you would weigh in on some of the other threads that I’ve started and posted in. Thanks for weighing in on this thread.

At this point, I just simply bring the cash with me. Never before had I realized that 10k in Benjamins was not that thick and could fit inside the pocket of a sports jacket. It looks like one of those high-stakes late night poker game shows when you take out a 10k with a white wrapper on it and throw it on the table. Might as well yell, “I’m all in” for effect.

Is this how the kids from MIT used to do it? Take the many packets of slightly less than 10ks taped to their body and just toss it on the table for buy in?

I just wondered if there were more elegant ways to bring cash to the tables. For example, does anyone convert cash to chips at the cage?

And of course, the ever pressing need to not show ID.

The MIT kids did their deeds long before 9-11 and didn't face the same scrutiny
 

Sucker

Well-Known Member
flyingwind said:
And of course, the ever pressing need to not show ID.
Assuming you're talking about U.S. casinos, just remember: If you buy in at the same casino for more than $10,000 within a 24 hour period, the casino is required by federal law to take your I.D. and fill out a C.T.R. (cash transaction report), and you are required by law to sign it. After that, a copy of this report is automatically sent to the I.R.S. and to any other federal agency that may request it.

Trying to structure your buy-ins in order to avoid this requirement is a federal crime. Even trying to advise you how to avoid it is a violation of the law. I certainly wouldn't want to advise you how to break the law, but I CAN say; NightStalker is a pretty smart guy & he's been known to come up with some good ideas on this site. ;) ;)
 

NightStalker

Well-Known Member
Gosh

Sucker said:
NightStalker is a pretty smart guy & he's been known to come up with some good ideas on this site. ;) ;)
After readng your post, I feel even more stupid :(
PS: OP has already read the answer..
 

flyingwind

Well-Known Member
Thanks for the advice. I don't want to do anything that's illegal.

Sucker said:
NightStalker is a pretty smart guy & he's been known to come up with some good ideas on this site. ;) ;)
Agreed.
 

tensplitter

Well-Known Member
What's your min and max bet? You won't need to buy in for the entire 15K at once. Buy in for a few hundred or 1K, about 4 big bets. If you need more chips for a big bet, toss a few Benjamins to the dealer. The pit boss will think you're counting if you buy in for $15K and make minimum bets, or even $100 bets.

If you want $15K in chips, buy in for $15K at a craps table and show your ID. Then keep the chips and come back the next day. You could then use the excuse of winning big as the reason you have so much money.
 
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