So you are saying, if I buy in for $4000, color up an hour later at $9000 for a $5000 profit, and went to the cage to cash out and asked for a check saying I didn't want to carry 9k around in cash, they would tell me they could give me a check for $5000 and cash for the rest? Never heard of such a thing.
Again, I am asking you, just as Andrew did, can you point us towards that law or regulation?
Dan Druff: "there's no question that MDawg has been an obnoxious braggart, and has rubbed a ton of people the wrong way. There's something missing from his stories. Either they're fabricated, grossly exaggerated, or largely incomplete".
Coach rarely knows what he's talking about when it comes to gambling. If somebody is winging 50K around on sports bets, there is not going to be some requirement that they show ID for every wager. That's just asinine. When there's a big event in town, like a Mayweather fight or a Super Bowl, 50K wagers are pedestrian. Nobody cares who you are when you put down the money.
The last time I made a five digit wager on a boxing match, the Venetian didn't give a rat's ass who I was. I was about to turn away from the window when I realized I should try to get some comps, so I OFFERED THEM my ID.
But coach is an AC guy, so maybe that's the way it is in AC...or Laughlin.
Dan Druff: "there's no question that MDawg has been an obnoxious braggart, and has rubbed a ton of people the wrong way. There's something missing from his stories. Either they're fabricated, grossly exaggerated, or largely incomplete".
To point out the ridiculousness of this discussion. It can't be money laundering if your name is attached to the transaction. Turning in chips for a check isn't and can't be money laundering.
Whether a casino wants to give you a check might vary by the casino. A casino might not want to go to the trouble of giving small checks. I've been in casinos that try to talk players out of having taxes withheld on hand pays of $1250 because they didn't want the paperwork involved.
Then there are casinos that might love to give you a $100k check because they can hold the cash as a float. As a matter of fact casinos love the APs who hold their chips... that's a great profitable float for them.
Even better are casino visitors who take home souvenir chips. There's big profit there.
If you have a spare $100k give it to me and I'll get you a check.
I will say that Mr Coach might be correct about casinos requiring ID. In the past few years I've been at casinos where ID is required of all players, and yes this includes low limit players.
You are either confused or intentionally lying. I never said that or anything even close to that. As a matter of fact, I posted the quote from him where he said he stuffed the winning chips from his play in a bag. I posted that quote TWICE AND told you were it was at WoV.
So don't tell me I said he bought them for cash and didn't play and tried to cash out. I never said anything even remotely like that.
Dan Druff: "there's no question that MDawg has been an obnoxious braggart, and has rubbed a ton of people the wrong way. There's something missing from his stories. Either they're fabricated, grossly exaggerated, or largely incomplete".
That is not the law in Nevada. The law is 10k. Now I have had casinos ask for Id for as little as 3k. If you argue with them and tell them the law is 10k, first thing they will say is 3k is "casino policy". That means nothing. If you want to fight them, you can say, No I will not show I.D. because the law is 10k. they will call a supervisior, who will state the same "casino policy" bullshit. If you want to continue fighting you can ask them to call gaming. Gaming will come and tell the casino they have to pay you.
But then gaming will ask for your I.D. They will tell you that gaming involvemnet requires a report being filed and they need your Id for report. And then after you get your money and leave, gaming will turn around and give your information to that casino anyway. So you can't win.
That is why I keep cash outs very small, under $3000, usually $2500 top. Some of the really smaller places that I play I keep it even smaller. Sometimes if I score a big win and walk with chips it takes me several weeks to get them cashed in.
Dan Druff: "there's no question that MDawg has been an obnoxious braggart, and has rubbed a ton of people the wrong way. There's something missing from his stories. Either they're fabricated, grossly exaggerated, or largely incomplete".
What you wrote earlier was close..."the illusion of a massive win" and "manipulating different things"
You implied that he did not win the 100K from the check that he showed Mike.
If you're now willing to stipulate that MDawg has won as he reported, then just say so.
I don't think coach belly understands what money laundering even is.
So lets say a guy has some dirty money. Not necessarily counterfeit or anything, but maybe money from a drug deal that he is worried about it being clean. So he goes to the casino buys in for lets keep it simple and say $5000. Plays a little bit, colors up exactly $5000 (he broke even). he takes those chips to the cage. It makes absolutely no difference if the give him a check or cash, he has successully exchanged his "old" or dirty money for "new" or clean money. So this idea that a casino not paying by check is stopping money laundering makes no sense. Again, I suposse it could be a law...there are stupid laws, but it isn't stopping anything.
Now lets take it a step further. Coach belly is now saying that the same scenario above, except the guys wins $5000 instead of breaking even. Buys in for $5k, Wins 5K, colors up and cashes in 10k. Coach belly is saying they player could only get a check for 5k and would get cash for the other 5k. Well, unless they are giving him back the same exact cash that he bought in for, that cash that is in the drop box, he STILL has successfully laundered or exchanged his money.
So the things coach belly is saying make absolutely no sense. Again, maybe there is some dumb law. Please link to or point to it.
Dan Druff: "there's no question that MDawg has been an obnoxious braggart, and has rubbed a ton of people the wrong way. There's something missing from his stories. Either they're fabricated, grossly exaggerated, or largely incomplete".
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