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Thread: How is this even possible?

  1. #21
    It's pretty much all hogwash. Alan. The casinos know who won what at what. That tracking nonsense creates jobs for security people and not much else. Drug runners who actually move a lot of product wouldn't be bothered. Realistically, if they set the amounts at 100K, it would make more sense and be less hassle, but then everybody wouldn't be in your business each step of the way.

  2. #22
    Originally Posted by redietz View Post
    It's pretty much all hogwash. Alan.
    Hogwash to you, but not to the Feds.

    See: http://www.lasvegassun.com/news/2010...ig-cash-deals/

  3. #23
    First Alan, you're not wanting to see the entire picture for some reason. I said they told me I wasn't allowed to play vp there any longer. I wasn't told I couldn't gamble on other games. You're also taking the position of being someone who might have seen my GT article with a copy of my being banned from Bellagio, and even after seeing it published, you'd be out there saying the paper must be putting false material about a casino into print, because you just can't fathom any business not welcoming a customer to use one or more of their services. Yes, at Bellagio I could have been arrested for just walking in. Not the case at Silverton.

    I don't understand what your point is on the ending para. You're mixing my professional career with my life in retirement again, apparently unable to comprehend that they are different. Why didn't you also include "never took his wife on professional gambling trips because he respected her too much" or "has a permit to conceal carry in every state but Ill." or "still carries $20,000 cash in a safe in his RV"? You have to be a doctor to carry big amounts of cash? I'll bet you don't know many others who have gun permits in one state, let alone one that covers 49. How does that fit into your "what's wrong with this picture" rant? Not your typical California Flake, right?

  4. #24
    Gee, Rob, where do I begin? Let's start with -- you don't understand my point in the ending paragraph which was this:

    Oh, and let's look at your profile: No permanent address; travels freely in a pricey RV; previously known to carry large amounts of cash; sometimes avoids the "system" by playing without a players card; does not tip; not exactly the best dressed casino patron and a bit on the scruffy side; does not have a title such as "doctor" to account for his cash...

    Anything wrong with this picture? LOL


    There's nothing to understand here except I was joking with you. Gee you can poke at people but when someone pokes back you can't figure it out?

    Let's see what's next? You wrote: "I said they told me I wasn't allowed to play vp there any longer. I wasn't told I couldn't gamble on other games." Gee Rob, I didn't know you did play other games? Didnt you tell me you only play VP. Or are you playing Bingo now that you're retired?

    And Rob, I wouldn't boast about keeping $20K in a safe in your RV. It's not a smart thing to do. No insurance policy would cover that much cash in a motor vehicle.

  5. #25
    I think the problem here is everyone's on eggshells all the time because of the tone arc sets whenever he posts. I saw what you were doing Alan and it was harmless. I think Singer only plays videopoker and some sportsbetting, from what I remember. He was a good guesser on sports when he did the Singer Five on LV A. As far as the banning from playing videopoker goes from Silverton, he probably cares less about that than anyone else because he's not even around right now. I personally believe some newey-type manager trying to score points with his bosses told Singer he couldn't play there anymore, and it's probably not even official like that one we saw in the paper was. I'll bet he could go in there and play no problem.

    I had two RV's in my time, and usually those safes are located under the bed or deep inside a back closet. So Rob, where are you exactly right now, and when you going out to dinner next?

  6. #26
    Originally Posted by jatki View Post
    So Rob, where are you exactly right now, and when you going out to dinner next?
    Rob, Jatki knows that I owe you dinner at one of the fine steakhouses at Caesars, and he has offered to "watch" your RV for you since Caesars doesn't have RV parking. I think that's a great plan. We can have a long... long... long... leisurely dinner, then we can play some VP together, then take in the midnight poker tournament... and our friend Jatki will "take care" of your RV. What are friends for?

  7. #27
    That article is the best evidence for why people should wager offshore. Calling something "big money" and referring to figures like 5K is ridiculous. Set the bar at 100K and these regs make some sense. At 5K, it's ludicrous. May as well make it $50, because anybody laundering money is just as likely to do it in $50 increments as 5K.

  8. #28
    Originally Posted by Alan Mendelson View Post
    Rob, Jatki knows that I owe you dinner at one of the fine steakhouses at Caesars, and he has offered to "watch" your RV for you since Caesars doesn't have RV parking. I think that's a great plan. We can have a long... long... long... leisurely dinner, then we can play some VP together, then take in the midnight poker tournament... and our friend Jatki will "take care" of your RV. What are friends for?
    I don't believe I've ever seen an RV on the Strip. So jatki won't make much of a tip unless he can break into my safe.

  9. #29
    Originally Posted by redietz View Post
    That article is the best evidence for why people should wager offshore. Calling something "big money" and referring to figures like 5K is ridiculous. Set the bar at 100K and these regs make some sense. At 5K, it's ludicrous. May as well make it $50, because anybody laundering money is just as likely to do it in $50 increments as 5K.
    A lot of government regulations regards "dollar limits" are out of date. For example, the requirement for a W2G when you hit a "jackpot" for $1250. Back in my old DDB days I'd come home with a dozen of them but still had a net loss. All the paper work requirement did was complicate my tax returns, make the casino and the IRS have more paperwork.

    The $1200 threshhold is too low. It's even lower for other gambling where it's $600 such as racetrack bets.

  10. #30
    I agree with Alan about the $1,200 threshold being too low. How many years has that $1,200 been the limit and what about inflation during all those years???
    The $600 limit at racetracks is also obviously too low, but the rule is actually a 300-1 return on your wager. This applies to casino table games as well.

    Who would you lobby to change that $1,200 rule?

    EDIT: It looks like the $1,200 limit was implemented back in the 1970's!

    That would easily call for a $5,000 lower limit today just on the strength of inflation alone.
    Last edited by Count Room; 08-13-2012 at 10:48 PM. Reason: Added something

  11. #31
    I agree also, but if the limit were changed from $1200 to $5000, it would mean a lot less revenue for the Gov't. and we can't have that. Just legalize, tax & control online gambling where everyone's accountable for their winnings and Obama would be able to sleep at night.

  12. #32
    Originally Posted by Rob.Singer View Post
    I agree also, but if the limit were changed from $1200 to $5000, it would mean a lot less revenue for the Gov't. and we can't have that. Just legalize, tax & control online gambling where everyone's accountable for their winnings and Obama would be able to sleep at night.
    I don't think raising the W2G reporting level to $5,000 will cut into gaming tax revenue. Anyone winning $1200 has a good chance of honestly saying he lost more than that.

    When you get to the higher "wins" of $100k or more the likelihood grows that someone won more than they lost in betting.

    Honestly, I think a $20K W2G requirement/threshhold makes more sense.

  13. #33
    Well, it's more than likely the vast majority of gamblers who don't file as professionals already claim they lost what they have to claim as winning because of their W2G's--whether they actually lost that much or not. I provided an example earlier of a person who does this and claims they don't, so if he'll lie to us then imagine how easy it is to lie to the IRS. So if it's raised to $5000, a lot of people might find that too difficult to cover up. But I agree, the higher the better, and the $1200 is obsolete.

  14. #34
    Originally Posted by Rob.Singer View Post
    Well, it's more than likely the vast majority of gamblers who don't file as professionals already claim they lost what they have to claim as winning because of their W2G's--whether they actually lost that much or not. I provided an example earlier of a person who does this and claims they don't, so if he'll lie to us then imagine how easy it is to lie to the IRS.
    You've made a claim now let's see you back it up with some evidence.

    Alan, ... deleted ....

    I'm not going to go back and edit and delete all of the previous offenses. But from now on, no more.
    Last edited by Alan Mendelson; 08-14-2012 at 05:00 PM.

  15. #35
    Three cheers. Thank you.

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