Counterfeit chips

[Ouspensky]

I was playing 2-4 at oceans11 when a rude, drunk, maniac offered to trade a girl a rack of blue ($1 chips) for the black chip she used to cover her cards. She explained the chip was a prop but after a few more cocky, bullsheite, abusive wins even she regretted it.

[The Armchair]

Actually, the two are unrelated. I work full-time in the legal department, and one of my main duties is intellectual property rights protection -- that is, anti-counterfeiting. When I came back from the Taj a few weeks ago, someone in passing made a joke about counterfeiting at casinos, and now I wonder if it ever happens.

[ohgeetee]

Rumored to have happened at Binions. I think the story goes that Ted ordered somehting like 15k 5k chips from their chip manufacturer, but the order was stopped and only like 5k got out. Technically not counterfeitting I guess, but still the same. A couple of Teds business acquaintenances tried to cash in some of these 5k chips but ran into issues or something. The full story is in Positively Fifth Street.

[CORed]

I don't have any specific information on counterfeit chips, but just about any way to rip off a casino that you can think of (and probably a lot you can't think of) has been tried.

[TruePoker CEO]

Yes. I was counsel to a casino in Las Vegas. A fellow was coaught in the place trying to pass some $25 chips which he had manufactured at home. He also had the top 1/2 of a counterfeit $100 MGM chip in his pocket.

He will get out in about 10 years and that happened about 10 years ago.