Also I know $1.5mill is quite a lot but I mean how much does the Bellagio make a day?

It's not exactly going to break them is it. Probably better off from a PR point of view just keeping it all as quiet as possible.

If the crook has other money, he sits down in a big game and buys in with cash or legitimate chips. When done playing he goes to the cage, but mixes in a few of the stolen chips. Does this a number of times and bingo.

all this posturing over what he needs to do is pretty unnecessary. Selling off the non-25k chips in the secondary market would be incredibly easy. There's plenty of poker players who have 200k+ in bellagio chips not cashed in, who would be willing to buy more at a vig.

changing the 25k chips just to save 1.5 million is not going to save them 1.5million.

Why I play online at Fool Tilt Poker

At the end of the day: the B isn't going to let anyone redeem a 25K chip without getting their ID, right? So at the very least, they'll have a list of the real name/info/SSN of everybody who redeems one, which will give them plenty of info to track down the robber.

Posters ITT act like if the robber is successfully able to get cash for the chips, he wins, which is a stupid assumption. Just because a bank robber makes it out of the bank with cash doesn't mean he's home-free. The B / authorities will have a ton of info to track him with if the stolen chips get redeemed in any way/shape/form.

if they were all pumpkins, like 50K worth, it would be a piece of cake, but 25K chips lol forget it. They are so anal (and with good reason) about even the 5K chips i don't see how this is going to happen.

[x] casinos aren't stupid
[x] dude is ****ed
[ ] your ingenious schemes will work

Ok Ive never been to Vegas and seen the chips they use/know the tech they use in them. But seeing as they have single chips worth 25k+ In theory if you had the resources and know how could you produce a counterfeit. I.E. Would you be able to manufacture an exact copy of a 5k chip or a 25k chip? I mean even if it cost you 3k to make a 5k chip it would still be worth it. Even if you just spent them on hookers and blow.

This has been said numerous times already, ty for input!

Seriuz?

This guy is the one that called out Lehmans for years - prolly made a killing along the way.

Also his head to head with Allied Capital - "A Long Short Story" - great read.


And David, if you read this - ul with HLX

lol insurance money miscountaments

The insurance company is gonna wanna see the tape, and be able to figure out EXACTLY what was stolen.

In that case, think I'll pass the Bellagio and play at the casino down the street?

I think they are just doing everything they can to make to look like they really care:

- Deter future attempts

- Cover up their own security lapse where poker player get beaten in their bathroom, now robber run in and out untouched.

Back in the day when the mob ran Vegas , no one would be ballsy enough to try

something like this, except a rival mob perhaps. But this guy showed how easy it is to

rob a casino and the funny thing is - It's going to be harder to cash the chips than it

was to steal them.

actually, he is one for the spotlight. he is a very famous hedge fund manager and made an absolute killing being positioned correctly for the Lehman collapse.

not sure if this was posted yet

http://abcnews.go.com/Business/bella...ry?id=12395073 (includes video - after ad)

True this! Years ago I used to buy all the sets of commemorative chips that the local card rooms put out. They were usually in $5 denomination chips. Like Hollywood Park and their "jockey" series. So now years later I have several hundred dollars in commemorative chips, all sitting in a bag in my closet. I start taking them to the local casinos. Guess what? They no longer honor these chips. They have no value! Hello!!!

At some time years ago, they put out notices that these chips had to be exchanged by a certain date. I missed the notices and the deadline. SOL for me. I reminded them that I had paid cash money to the casino for these chips. Spoke with a supervisor at the cage. Did it do me any good? Nada! So if any of you collect commemoratives, look me up.

So the flags aren't being changed?

Bingo. All the chips in these denominations seems like it would be extremely easy to launder, he would just need some patience.

over/under 20 times a day the robber views threads like these?

Sick thinly veiled brag.

Under 20 but more than 3 brother. Know anyone lookin for a bargain on a few pieces of fruit? Great for the liver and kidney and they make great stocking stuffers.

Maybe on April 23rd they will start showing up on Ebay...