Transporting large wads of cash to tunica
 

How does one bring the bankroll necessary to play in a $4000-8000 game from vegas to tunica?

How much do these guys normally buy in for in this game? 20BB would be $160k, does that rule of thumb scale up to that level?

I can't imagine that anyone would fly with that amount of cash on their person, it seems like an open invitation for TSA to [censored] with you.

Re: Transporting large wads of cash to tunica
 

Bank of America has branches in both Las Vegas and Tunica, so a wire between branches could be done.

I would think the standard practice would be to arrange credit with the casino, and mail them a check.
Either draw down off a credit line, or deposit before hand.

Re: Transporting large wads of cash to tunica
 

Ah, markers. Duh.

Re: Transporting large wads of cash to tunica
 

[ QUOTE ]
Bank of America has branches in both Las Vegas and Tunica

[/ QUOTE ]

Bank of America has no branches in the state of MS.

RR

Re: Transporting large wads of cash to tunica
 

Yes, you would have to drive a whole 30 miles [img]/images/graemlins/shocked.gif[/img] to one of these locations:

4350 Elvis Presley Blvd
Memphis, TN 38116 30.35 miles Driving Distance

1725 East Brooks Road
Memphis, TN 38116 32.67 miles Driving Distance

3741 Winchester Road
Memphis, TN 38118 33.67 miles Driving Distance

Nit.
[img]/images/graemlins/laugh.gif[/img]

Re: Transporting large wads of cash to tunica
 

As a memphis native, I can tell you that you wouldn't want to be in any of those locations with $500k on you.

Re: Transporting large wads of cash to tunica
 

[ QUOTE ]
Ah, markers. Duh.

[/ QUOTE ]
Sorry, what's a marker? I haven't hear that term before.

Re: Transporting large wads of cash to tunica
 

[ QUOTE ]
[ QUOTE ]
Ah, markers. Duh.

[/ QUOTE ]
Sorry, what's a marker? I haven't hear that term before.

[/ QUOTE ]

Casino loan...

Re: Transporting large wads of cash to tunica
 

Ive seen people walk into the casinos in Tunica with breifcases full of money though! They r brave souls!

Re: Transporting large wads of cash to tunica
 

[ QUOTE ]
As a memphis native, I can tell you that you wouldn't want to be in any of those locations with $500k on you.

[/ QUOTE ]

I bank at these locations and they are not pleasant.

RR

Re: Transporting large wads of cash to tunica
 

These guys also bring very large denomination chips from the Bellagio which they will exchange with each other. And they bought $1000 worth of $1 chips to use SOLELY at this table at a predetermined value of $1000 each for a $1,000,000.00 base amount of chips on the table. When one went bust somebody would just slide a rack or two over and make a note on a sticky pad. [img]/images/graemlins/laugh.gif[/img] ....When we moved the game to the main room from out in the temporary area (one of our BJ pits with poker tables installed for the month) last nite, Phil Ivey left the sticky pad on the table in the pit!! I went out and found it 20 minutes after he realized it was missing. Some very large numbers were on it.

The results of this game?

I cant say for sure but Phil stated he was stuck 400k at one point and I believe he left a rather large winner. I heard Sammy telling him how much he had in his Bellagio acct or lockbox so I guess Phil gets paid off there. (Dont ask I aint gonna say the amount Sammy said)

Oh and BTW as for Phil saying he was stuck 400k....he said it loud enough at the table that anyone within 15 feet could have heard it. I just happened to be within 10 inches.

Re: Transporting large wads of cash to tunica
 

what games were they playing?

Re: Transporting large wads of cash to tunica
 

Omaha/8 and PLO

Re: Transporting large wads of cash to tunica
 

what were the blinds for the PLO? sorry to be annoying, I'm just curious.

Re: Transporting large wads of cash to tunica
 

[ QUOTE ]
These guys also bring very large denomination chips from the Bellagio which they will exchange with each other. And they bought $1000 worth of $1 chips to use SOLELY at this table at a predetermined value of $1000 each for a $1,000,000.00 base amount of chips on the table.

[/ QUOTE ]

Sweet, this is exactly the kind of answer I was hoping to get. Very clever.

How do they pay the rake? In a game this size, even if using "native" chips instead of belagio chips with arbitrary values, it seems like it would be oppressively annoying to suck $4 out of each pot. Does a "big game" like this usually incur a time charge or other fee structure even if the room is mostly a rake-based operation?

Re: Transporting large wads of cash to tunica
 

One other question, since this is turning into a mini-gossip thread:

who was the mule for the chips from Bellagio?

Re: Transporting large wads of cash to tunica
 

You don't need a mule for chips.

The TSA looks at casino chips like they are some strange object from Mars, quickly figures out they are made of clay and won't explode, and waves you thru.

Cash is the problem, both due to 9/11, and the war on drug laws.

Also, when going to Tunica, make sure you have no books or other written material on you, they will be confiscated at the border checkpoint when you enter that 3rd world country known as Mississippi.
[img]/images/graemlins/grin.gif[/img]

Re: Transporting large wads of cash to tunica
 

[ QUOTE ]
Cash is the problem, both due to 9/11, and the war on drug laws.

[/ QUOTE ]

IMO, cash is the problem because the government can't stand to see someone with untracable (read: untaxable) money.

Randy,

When will you get the hell out of Bank of America? They're the worst bank in the world! Fees for EVERYTHING!

Face it: You're never moving back to CA or NV. You're here, and you're staying! Keeping an account at BofA is NOT a link to the west coast!

Trustmark, young man, Trustmark. Free checking!

Re: Transporting large wads of cash to tunica
 

Well from the work we do...i know it is "illegal" in most states to carry more than 10k on you (you can be held for it thus the "illegal"), although I believe they bumped the sum up a little. They can detain you and take your money until you can "prove to thier satisfaction" where you got the money". Id like to believe most cops don't give too many people a problem...but u never know with these power trip bullies now days!!

Re: Transporting large wads of cash to tunica
 

Im eastcoast and i use bank of america!!

Re: Transporting large wads of cash to tunica
 

[ QUOTE ]
As a memphis native, I can tell you that you wouldn't want to be in any of those locations with $500k on you.

[/ QUOTE ]


Yeah...that's exactly what I was thinking.

On East Brooks Rd????
LOL!!
$50 might be dangerous enough....let alone $500k!!
Just not a very good idea.

Even funnier.
 

There are 18 BOA locations in Memphis. These were just the three closest ones to Tunica. I'm sure out of the 18 locations, you pussies could find one you felt safe at. Of course, the really funny part would be one of you idjits actually having 500k to withdraw.
[img]/images/graemlins/grin.gif[/img]

Re: Transporting large wads of cash to tunica
 

When did these laws get passed? I thought the only rules surrounding cash were that banks had to declare if did a cash transaction of more than $10K and that a person is required to declare if they have $10K or more on them when entering/exiting the U.S.

Re: Transporting large wads of cash to tunica
 

It started in 1984, where have you been? It was added to by the Patriot Act -- ever heard of that one?

Here is one from 1991, in the State of TN:

February 27, 1991.

Willie Jones, a second-generation nursery man in his family's Nashville business, bundles up money from last year's profits and heads off to buy flowers and shrubs in Houston. He makes this trip twice a year using cash, which the small growers prefer.

But this time, as he waits at the American Airlines gate in Nashville Metro Airport, he's flanked by two police officers who escort him into a small office, search him and seize the $9,600 he's carrying. A ticket agent had alerted the officers that a large black man had paid for his ticket in bills, unusual these days. Because of the cash, and the fact that he fit a "profile" of what drug dealers supposedly look like, they believed he was buying or selling drugs.

He's free to go, he's told. But they keep his money - his livelihood - and give him a receipt in its place.

No evidence of wrongdoing was ever produced. No charges were ever filed. As far as anyone knows, Willie Jones neither uses drugs nor buys or sells them. He is a gardening contractor who bought an airplane ticket. Who lost his hard-earned money to the cops. And can't get it back.
~*~*~*~*~*~*~

Re: Transporting large wads of cash to tunica
 

Thats only one of 92340929423094902 instances. Sometimes u can get the money back, but i know when i have to go close a bid or pay our contractors i have to be VERY careful because of this law. But like i said...i guess it all depends on if u get a jerk for a cop or not!

Re: Transporting large wads of cash to tunica
 

Here is a link to another article with this in it:

Sexton says one of his clients -- the brother of a prominent state lawmaker -- was detained after paying cash for a ticket to Florida for a trip to the dog races. When agents found $30,000 in cash, Sexton says, they took it.

In the Amtrak case, a Vietnamese man paid cash for a one-way ticket from California to Boston. When a DEA computer linked to Amtrak's New Mexico office flagged the passenger, agents boarded the train and asked to search his belongings. They didn't find any drugs, but they found $149,000, which the man said were gambling winnings. In fighting to get his money back, the man's lawyer uncovered the arrangement by which Amtrak is entitled to 10 percent, unless his lawyer wins back the money -- minus legal fees, of course.

http://www.alternet.org/story/11340/

Re: Transporting large wads of cash to tunica
 

Im kinda shocked more people didnt know about this and that they r baffled by its exsistence...especially with this being a "gambling" forum

Re: Transporting large wads of cash to tunica
 

1k-2k

Re: Transporting large wads of cash to tunica
 

they just bought some greenbirds from the cage....$25 1/2 hr for 2 players, $50 for 4...Plus $25 for the dealer per 1/2 hr. No other tokes recieved for me or any others that I am aware of.

Re: Transporting large wads of cash to tunica
 

Interesting. How does $25/half hour compare to the tips you would get if you were dealing, say. 6/12? I'm guessing its close or even less.

Re: Transporting large wads of cash to tunica
 

[ QUOTE ]
Well from the work we do...i know it is "illegal" in most states to carry more than 10k on you (you can be held for it thus the "illegal"), although I believe they bumped the sum up a little. They can detain you and take your money until you can "prove to thier satisfaction" where you got the money".

[/ QUOTE ]

Generally the way this works is that they can claim the money was involved in a drug transaction, and therefore seize it. Since many large bills have *at some point* been involved in drug transactions, any time a guy is carrying a lot of cash, it's almost assured that some of the bills will have trace amounts of contraband on them, usually enough that a dog can pick it up.

Arkansas law enforcement is actually quite famous for running this scam.

http://www.mapinc.org/drugnews/v99.n709.a07.html

etc etc etc.

Re: Transporting large wads of cash to tunica
 

[ QUOTE ]
4350 Elvis Presley Blvd
Memphis, TN 38116 30.35 miles Driving Distance

[/ QUOTE ]

Impersonators get a 10% discount?

Re: Even funnier.
 

I stopped for gas in south Memphis once after dark, never again. I gas up before Memphis now.

Re: Transporting large wads of cash to tunica
 

They don't really need to use the 'drug tainted money' excuse and they can just grab what they want. Cops like the bling-bling too, this case happened last month:

Deputy stops man for traffic violation, but ends up seizing his cash and jewelry:

bling-bling

Re: Transporting large wads of cash to tunica
 

[ QUOTE ]
Generally the way this works is that they can claim the money was involved in a drug transaction, and therefore seize it. Since many large bills have *at some point* been involved in drug transactions, any time a guy is carrying a lot of cash, it's almost assured that some of the bills will have trace amounts of contraband on them, usually enough that a dog can pick it up.

Arkansas law enforcement is actually quite famous for running this scam.

http://www.mapinc.org/drugnews/v99.n709.a07.html

etc etc etc.

[/ QUOTE ]

This is a urban legend

http://tafkac.org/drugs/cocaine.mone...money_wsj.html

Re: Transporting large wads of cash to tunica
 

Great idea using Bellagio chips instead of cash. Im sure alot of it is done for tax purposes.

Re: Transporting large wads of cash to tunica
 

[ QUOTE ]
You don't need a mule for chips.

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You don't need someone to smuggle them, but you do need someone to actually put them in their luggage and haul them around. 1000 chips is a significant amount of weight to add to your luggage, I wouldn't want to be the one to have to schlep em all over the airport.

Re: Transporting large wads of cash to tunica
 

[ QUOTE ]
[ QUOTE ]
You don't need a mule for chips.

[/ QUOTE ]

You don't need someone to smuggle them, but you do need someone to actually put them in their luggage and haul them around. 1000 chips is a significant amount of weight to add to your luggage, I wouldn't want to be the one to have to schlep em all over the airport.

[/ QUOTE ]

You didn't quite understand what bigfishead said. They each bring some (a handfull?) of very large denom chips from the Bellagio (their currency), and then buy a bunch of $1 chips from the casino cage to use at the table as whatever denom chip they decide and either trade Bellagio chips as necessary or make other arrangements for transfer of funds after the game.

Now, just stumbling by the table and seeing them play with $1 chips must look pretty funny if you don't know the situation.

Re: Transporting large wads of cash to tunica
 

Oh, I get it now. So if I'm just walking around and want to get in this game, who do I buy chips from? Obviously they don't want someone to sneak in some $1 chips. That was the reason I assumed the $1 chips they were using were from the Bellagio - it would be MUCH less likely that an outsider would have a significant number of them to try to sneak in, whereas with using the local $1 chips, I could just go buy a stack and try to sneak a few in.

Re: Transporting large wads of cash to tunica
 

I sincerely doubt there have been any people in a long while buy in for even the minimum (100,000) that at least one of the regulars didn't know.

Just an assumtion though