Send me a pm if you can buy 1-3 lamers tomorrow at the Rio.

I'll buy at 11am at 1k plo for a small discount.

I'll take $1480 for 3 lamers.

Smooth transaction...

Is there a place where 2+2ers hang out to exchange lammers?

Yes, it's been 10 years since I posted. Old school, won't be following on my phone like the masses.

What color are they this year? (For those who aren't out there yet but will be soon)

I'm speculating, but I think a reason they choose to change the lammers every year is to avoid tax implications. On the player side, you offset gambling losses/buyins against gambling wins in the same calendar year, and carrying lammers forward would add a difficulty.

Let's say you spend $2500 on satellite buyins and win $7500 in lammers. Do you have $5000 in taxable income? Under the current system, no, because those lammers don't have cash value and you "have to" (wink) use them to buy into tournaments. If you cash in the tournaments, you then have taxable income. If you whiff the tournaments, you just have the -$2500 loss to offset any other gambling income you have during the year (if any). However, let's say you cash in the tournaments that you bought into with the lammers and break even, for $7500 total. You have $5000 in taxable income.

If you could carry those lammers forward to 2018, however, it's messier. Say you won the same $7500 in lammers on $2500 of satellite buyins in 2017. Then you use those lammers and cash for $7500 at the 2018 WSOP. You can't offset the $2500 in buyins against your win, because those were incurred in 2017. So you end up getting tagged with $7500 in taxable income. Most players wouldn't understand what is going on, and would complain to WSOP about the tax form reporting. It's cleaner and more credible for WSOP to maintain that the lammers have no cash value if they limit their use to the same calendar year. That said, still a pain for the players.

Pink.

They don't carry over from year to year because there is no reason for them to. They are the only game in town and they don't have to offer the service if people play anyway.

That and it makes them money not to.

Thanks

Will they make change for lammers? I want to play some $70 stts and use any winnings to enter Event 19, The Giant, $365 rebuy bracelet event. If I can't I guess I'll have to try to sell them like everyone else.

No. You can buy into multiple tournaments that combine to be over $500 with 1 lammer and cash, but you cannot get change for the incomplete usage of a lammer.

No change.

Thanks. I wonder if I could fire two bullets at the $365 buy-in with the same lammer.

Reg for a $365 and like a DS the next day then if you need to fire a second bullet at the $365 un-reg from the next day's DS.

Good idea. Thanks!

I'm at the Rio now...I have a spare lammer and can part with it for $460. If anyone is interested, please PM me

Doublejoker (chainsaw) is usually happy to buy at a discount. Maybe you can find him in the Pavilion.

I'll take it.

Why does there even need to be an exchange? According to Stew2, all you need to do is use lammers to buy in and then unregister. Do they give you cash back or more lammers?

You would only be able to get more lammers in this scenario

Don't ever sell one of these for less than 500. There are worth 500. Just go near to the reg line and (not aggressively) ask someone who is buying into a big tournament if they can help. If anyone sees me I will buy if I can. If you have $10k+ you can also message me here and come to meet me.

When I ever see someone offer someone 450 or w.e I instantly go and ruin their action and offer $505 til they **** off, then give the guy 500.

Next year I will play the 1drop, use lammers to buy-in, and buy from everyone at face

Use your time to get better at poker, a game where almost anyone can earn $20 an hour, rather than making small %'s from people within your own community that you often share the same problem with.

Also, I am fairly sure if you just keep them all til after the last tourney, then ask for cash, they will (have to?) give it to you. Not sure about this one tho, so def check with Rio first.

I never said you get cashback for the difference in buy-in and lammers. Go back and re-read the scenario I was responding to.

No, they won't pay you anything.

Appreciate your efforts to buy at face, though.

Speak of the devil I have one I'd like to sell if anyone wants to pay face. I know Allen's price.