vpFREE2 Forums

Bob Dancer's LV Advisor Column - 4 JUN 2013

Bob Dancer's LV Advisor Column - 4 JUN 2013

"Using Markers in Casinos"

http://www.lasvegasadvisor.com/bob_dancer/2013/0604.cfm

···

*************************************************
This link is posted for informational purposes
and doesn't constitute an endorsement or approval
of the linked article's content by vpFREE. Any
discussion of the article must be done in
accordance with vpFREE's rules and policies.
*************************************************

Does anyone have any more information about rebates on marker losses, like which casinos would be open to negotiating something and what levels of markers would be needed to justify a rebate?

···

--- In vpFREE@yahoogroups.com, vpFREE Administrator <vpfree3355@...> wrote:

Bob Dancer's LV Advisor Column - 4 JUN 2013

"Using Markers in Casinos"

http://www.lasvegasadvisor.com/bob_dancer/2013/0604.cfm

*************************************************
This link is posted for informational purposes
and doesn't constitute an endorsement or approval
of the linked article's content by vpFREE. Any
discussion of the article must be done in
accordance with vpFREE's rules and policies.
*************************************************

Further to Bob's point about "walking with a marker", many clubs--all MGM properties and TI for two examples that I can personally verify--have a fairly effective way of preventing this. Any markers taken out in the high limit slot rooms are only issued in tickets and therefore must be played through the machines at least once.

This is a policy that has changed in maybe the last four or five years. In former times, cash was an available option. I thought that the change was the result of enhanced enforcement of the federal money laundering laws, but I am sure that Bob is correct in saying that it serves the casinos' purposes as well Very high rollers may be given cash if they demand it, I think.

The same policy is applied to funds wired to one's casino credit account. If it is withdrawn for machine play, it must be in ticket form--at least at MGM properties. I have no idea how this is handled at table games.

As a result of this policy, neither markers nor wire transfers are exactly an effective substitute for carrying large amounts to cash to Vegas to play as you wish.

···

--- In vpFREE@yahoogroups.com, vpFREE Administrator <vpfree3355@...> wrote:

Bob Dancer's LV Advisor Column - 4 JUN 2013

"Using Markers in Casinos"

http://www.lasvegasadvisor.com/bob_dancer/2013/0604.cfm

*************************************************
This link is posted for informational purposes
and doesn't constitute an endorsement or approval
of the linked article's content by vpFREE. Any
discussion of the article must be done in
accordance with vpFREE's rules and policies.
*************************************************

Last year I tried to do DIAD. I had sent them a cashiers check for 10K. The flight, hotel, ground trans all went wrong. When I tried to set up my account some supervisor was yelling and saying demeaning things to the employee where anyone can hear. On my way to the machines I ran into a drunk and an aggressive hooker and went on to lose 24 straight hands of VP $5 JOB. I said I am not listening to the message and walked out. When I tried to get my money back what a speech. Now I realize they thought I was using them as a check cashing service when the reality was that trip just creeped me out.

···

--- In vpFREE@yahoogroups.com, "igtddb" <rgj21@...> wrote:

Further to Bob's point about "walking with a marker", many clubs--all MGM properties and TI for two examples that I can personally verify--have a fairly effective way of preventing this. Any markers taken out in the high limit slot rooms are only issued in tickets and therefore must be played through the machines at least once.

This is a policy that has changed in maybe the last four or five years. In former times, cash was an available option. I thought that the change was the result of enhanced enforcement of the federal money laundering laws, but I am sure that Bob is correct in saying that it serves the casinos' purposes as well Very high rollers may be given cash if they demand it, I think.

The same policy is applied to funds wired to one's casino credit account. If it is withdrawn for machine play, it must be in ticket form--at least at MGM properties. I have no idea how this is handled at table games.

As a result of this policy, neither markers nor wire transfers are exactly an effective substitute for carrying large amounts to cash to Vegas to play as you wish.

--- In vpFREE@yahoogroups.com, vpFREE Administrator <vpfree3355@> wrote:
>
> Bob Dancer's LV Advisor Column - 4 JUN 2013
>
> "Using Markers in Casinos"
>
> http://www.lasvegasadvisor.com/bob_dancer/2013/0604.cfm
>
>
> *************************************************
> This link is posted for informational purposes
> and doesn't constitute an endorsement or approval
> of the linked article's content by vpFREE. Any
> discussion of the article must be done in
> accordance with vpFREE's rules and policies.
> *************************************************
>

rgj21 wrote: Further to Bob's point about "walking with a marker", many clubs--all
MGM properties and TI for two examples that I can personally
verify--have a fairly effective way of preventing this. Any markers
taken out in the high limit slot rooms are only issued in tickets and
therefore must be played through the machines at least once.

I can't speak to MGM properties --- I'm not welcome to play there.

However,
at Caesars properties (at least Paris and Planet Hollywood) and at the
Palms, Cashier Vouchers do not have to be played through. You can insert
them and then cash them out immediately. The tickets look almost the
same but the large words "Cashier Voucher" get changed to "Cashout
Ticket" (or some such.) These tickets (assuming they are small enough)
may be redeemed immediately at any change machine.

The Palms tickets only come in $1000 units --- so that's plenty small enough to cash out at a change machine. If you get a marker for $20,000 or so, most places will let you decide what increments you want the Cashout Vouchers in. A request for ten $2,000 vouchers would likely be honored immediately.

I'm not suggesting it's smart to do this on any kind of regular basis --- but it is easily done.

Bob
                 
[Non-text portions of this message have been removed]

Getting screwed for 24 hands at $25 a pop doesn't sound like her usual 9-5.

···

--- In vpFREE@yahoogroups.com, "richard d" <cdgnpc@...> wrote:

Last year I tried to do DIAD. I had sent them a cashiers check for 10K. The flight, hotel, ground trans all went wrong. When I tried to set up my account some supervisor was yelling and saying demeaning things to the employee where anyone can hear. On my way to the machines I ran into a drunk and an aggressive hooker and went on to lose 24 straight hands of VP $5 JOB. I said I am not listening to the message and walked out. When I tried to get my money back what a speech. Now I realize they thought I was using them as a check cashing service when the reality was that trip just creeped me out.

--- In vpFREE@yahoogroups.com, "igtddb" <rgj21@> wrote:
>
> Further to Bob's point about "walking with a marker", many clubs--all MGM properties and TI for two examples that I can personally verify--have a fairly effective way of preventing this. Any markers taken out in the high limit slot rooms are only issued in tickets and therefore must be played through the machines at least once.
>
> This is a policy that has changed in maybe the last four or five years. In former times, cash was an available option. I thought that the change was the result of enhanced enforcement of the federal money laundering laws, but I am sure that Bob is correct in saying that it serves the casinos' purposes as well Very high rollers may be given cash if they demand it, I think.
>
> The same policy is applied to funds wired to one's casino credit account. If it is withdrawn for machine play, it must be in ticket form--at least at MGM properties. I have no idea how this is handled at table games.
>
> As a result of this policy, neither markers nor wire transfers are exactly an effective substitute for carrying large amounts to cash to Vegas to play as you wish.
>
>
>
>
>
> --- In vpFREE@yahoogroups.com, vpFREE Administrator <vpfree3355@> wrote:
> >
> > Bob Dancer's LV Advisor Column - 4 JUN 2013
> >
> > "Using Markers in Casinos"
> >
> > http://www.lasvegasadvisor.com/bob_dancer/2013/0604.cfm
> >
> >
> > *************************************************
> > This link is posted for informational purposes
> > and doesn't constitute an endorsement or approval
> > of the linked article's content by vpFREE. Any
> > discussion of the article must be done in
> > accordance with vpFREE's rules and policies.
> > *************************************************
> >
>

I have received cashier vouchers from many casinos when obtaining markers, and they
have always been cashable just like machine vouchers. I prefer them, don't like wasting
time stuffing $100's into a machine or flashing large wads of cash.

Regards

A.P.

···

________________________________
From: igtddb <rgj21@cox.net>
To: vpFREE@yahoogroups.com
Sent: Friday, June 7, 2013 11:28:58 AM
Subject: [vpFREE] Re: Bob Dancer's LV Advisor Column - 4 JUN 2013

Further to Bob's point about "walking with a marker", many clubs--all MGM properties and TI for two examples that I can personally verify--have a fairly effective way of preventing this. Any markers taken out in the high limit slot rooms are only issued in tickets and therefore must be played through the machines at least once.

This is a policy that has changed in maybe the last four or five years. In former times, cash was an available option. I thought that the change was the result of enhanced enforcement of the federal money laundering laws, but I am sure that Bob is correct in saying that it serves the casinos' purposes as well Very high rollers may be given cash if they demand it, I think.

The same policy is applied to funds wired to one's casino credit account. If it is withdrawn for machine play, it must be in ticket form--at least at MGM properties. I have no idea how this is handled at table games.

As a result of this policy, neither markers nor wire transfers are exactly an effective substitute for carrying large amounts to cash to Vegas to play as you wish.

--- In mailto:vpFREE%40yahoogroups.com, vpFREE Administrator <vpfree3355@...> wrote:

Bob Dancer's LV Advisor Column - 4 JUN 2013

"Using Markers in Casinos"

http://www.lasvegasadvisor.com/bob_dancer/2013/0604.cfm

*************************************************
This link is posted for informational purposes
and doesn't constitute an endorsement or approval
of the linked article's content by vpFREE. Any
discussion of the article must be done in
accordance with vpFREE's rules and policies.
*************************************************

[Non-text portions of this message have been removed]

That doesn't match my experience.
Getting a marker at the high limit slots is fairly new for me since I usually get a marker at the blackjack or Pai Gow Poker table, but I've always been given the option of cash or tickets when getting markers at the Mirage high limit slot room. They were happy to give me cash as of just a few days ago. I have a good record of playing there, though.
It also might be an issue of marker size, too, since I keep it under $10k per marker.

Take Care,
Mark
markslasvegas.markanduss.com

···

--- In vpFREE@yahoogroups.com, Bob Dancer <bobdancervp@...> wrote:

rgj21 wrote: Further to Bob's point about "walking with a marker", many clubs--all
MGM properties and TI for two examples that I can personally
verify--have a fairly effective way of preventing this. Any markers
taken out in the high limit slot rooms are only issued in tickets and
therefore must be played through the machines at least once.