vpFREE2 Forums

Ticket redemption machines

The Palms has theirs set at an $800 maximum. A supervisor told me it is a
Gaming rule. Can anyone confirm that this is correct?

Brian

···

===============================

In a message dated 12/30/2005 3:58:08 PM Pacific Standard Time,
GRAYTLEEGRAY@aol.com writes:

I guess the next question is how big a ticket can you redeem using the stand
alone redemption machines?

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

I have redeemed $1000+ at the Fiesta Henderson kiosks

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----- Original Message -----
  From: bjaygold@aol.com
  To: vpFREE@yahoogroups.com
  Sent: Friday, December 30, 2005 4:07 PM
  Subject: Re: [vpFREE] Re: Ticket redemption machines

  The Palms has theirs set at an $800 maximum. A supervisor told me it is a
  Gaming rule. Can anyone confirm that this is correct?

  Brian

  ===============================

  In a message dated 12/30/2005 3:58:08 PM Pacific Standard Time,
  GRAYTLEEGRAY@aol.com writes:

  I guess the next question is how big a ticket can you redeem using the stand
  alone redemption machines?

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

  vpFREE Links: http://members.cox.net/vpfree/Links.htm

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

I cashed a ticket for over $1100 on a redemption machine
at Texas Station recently.

vpFae

···

On 30 Dec 2005 at 19:07, bjaygold@aol.com wrote:

The Palms has theirs set at an $800 maximum. A supervisor told me it is
a Gaming rule. Can anyone confirm that this is correct?

The Palms has theirs set at an $800 maximum. A supervisor told me

it is a

Gaming rule. Can anyone confirm that this is correct?

Terribles is set for $1000, so I don't think it is a gaming rule,
I think it is casino perrogative.

···

--- In vpFREE@yahoogroups.com, bjaygold@a... wrote:

The maximum amount a TITO redempion machine will accept is subject, it
would seem, to two considerations. The first has to do with CTR
reporting requirments. Someone mentioned, and I think it's correct,
that any cash transaction of $3000 or more requires collecting
information that will be needed to file a CTR, should total
transactions aggregate to $10,000 or more in a 24-hr period. So no
casino redemption machine should accept a TITO ticket over $2999.

The second constraint (and here I speculate) is that the casino may
wish to refill the redemption machines with cash less often. Better
to cash a $2000 ticket at the cage than have it empty the machine and
have to manually cash a bunch of small tickets, which are of course
more numerous. Thus we have the below-mentioned variety of casino
limits on machine redemption.

Gambling machines themselves spitting out a ticket rather than allow
credits to go over $1200 is a separate issue. But this is common
enough that I suspect it may be the factory default setting in many
cases. It can be overriden, however. One local joint has 4 adjacent
5c/10c 10 plays. One spits tickets at $1200, a second at $400, and
the other two at $200!

Don

The Palms has theirs set at an $800 maximum. A supervisor told me it

is a

Gaming rule. Can anyone confirm that this is correct?

Brian

===============================

In a message dated 12/30/2005 3:58:08 PM Pacific Standard Time,
GRAYTLEEGRAY@a... writes:

I guess the next question is how big a ticket can you redeem using

the stand

···

--- In vpFREE@yahoogroups.com, bjaygold@a... wrote:

alone redemption machines?

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

<<Gambling machines themselves spitting out a ticket rather than allow
credits to go over $1200 is a separate issue. But this is common enough
that I suspect it may be the factory default setting in many cases. It can
be overriden, however. One local joint has 4 adjacent 5c/10c 10 plays. One
spits tickets at $1200, a second at $400, and the other two at $200!>>

Most of the Strip high limit rooms allow credits to accumulate in the tens
of thousands of dollars.

Cogno