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  #1  
Old 12-26-2005, 11:01 PM
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Default Re: Stars VIP = Cash???

no it's not. simply returning an item is well within the rules, it's up to them how they decide to credit you. What if someone did this unknowingly and got credited back on their visa? Would you support prosecuting them for fraud? Obviously you wouldn't.
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  #2  
Old 12-27-2005, 04:13 AM
Sniper Sniper is offline
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Join Date: Jun 2005
Posts: 704
Default Re: Stars VIP = Cash???

[ QUOTE ]
Here's an idea I have been working on: If you purchase the Dell gift certificate, then place an order and pay for part of your order with your Visa card, then return the order, you will get credited the full purchase amount on your Visa.

[/ QUOTE ]

Minus shipping costs both ways [img]/images/graemlins/wink.gif[/img]

(... and they might just reactivate your gift card) LOL
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  #3  
Old 12-27-2005, 11:28 AM
primetime32 primetime32 is offline
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Join Date: May 2005
Location: NY
Posts: 119
Default Re: Stars VIP = Cash???

[ QUOTE ]
Here's an idea I have been working on: If you purchase the Dell gift certificate, then place an order and pay for part of your order with your Visa card, then return the order, you will get credited the full purchase amount on your Visa.

[/ QUOTE ]

Not sure if its possible, but its certainly not fraud.
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  #4  
Old 12-27-2005, 10:53 PM
teamdonkey teamdonkey is offline
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Join Date: Feb 2005
Location: where am i?
Posts: 247
Default Re: Stars VIP = Cash???

[ QUOTE ]
Here's an idea I have been working on: If you purchase the Dell gift certificate, then place an order and pay for part of your order with your Visa card, then return the order, you will get credited the full purchase amount on your Visa.

[/ QUOTE ]




you guys finally figured out how to launder money?
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  #5  
Old 12-28-2005, 12:25 AM
boose_bagina boose_bagina is offline
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Join Date: Jun 2005
Location: Toronto
Posts: 253
Default Re: Stars VIP = Cash???

I found this interesting, here are the dollar values for 3 different prizes according to the FPP's required. (*note: I'm aware the dollar value increases as the prize value increases, but the EPT Monte Carlo trip seems like a rip-off)

Porsche - value: $59000 / 3 000 000 FPP. $/FPP: $0.0197
Dell Cert. - value: $2000 / 125 000 FPP $/FPP: $0.016
EPT Monte C. - value: ~$11900/ 1 000 000 FPP $/FPP: $0.0119

sooo, the Porsche ends up working out to about 25% rakeback [(83%hands>$20pot,$0.23rake/hand)@10/20 & 15/30 +] and should take about 2-3 years. Seems like an ok deal if you play high limits and a lot. I don't know the kind of taxes you would pay on the Porsche, if any, but that could be a factor in decreasing its value.
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  #6  
Old 12-28-2005, 12:34 AM
mdeck mdeck is offline
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Join Date: Jan 2005
Location: IN YOUR FACE! IN YOUR FACE!
Posts: 112
Default Re: Stars VIP = Cash???

I think if you got the Porsche you'd have to pay taxes on it's retail worth (ouch), so it's actually less than 25% RB unless you REALLY wanted a Cayman S that you would have bought on your own, anyway.
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  #7  
Old 12-28-2005, 12:44 AM
jba jba is offline
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Join Date: Feb 2005
Posts: 672
Default Re: Stars VIP = Cash???

[ QUOTE ]
I think if you got the Porsche you'd have to pay taxes on it's retail worth (ouch), so it's actually less than 25% RB unless you REALLY wanted a Cayman S that you would have bought on your own, anyway.

[/ QUOTE ]

well, you have to pay taxes on RB too
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  #8  
Old 12-28-2005, 01:32 AM
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Default Re: Stars VIP = Cash???

You can use your frequent player points to purchase a complete [Monte Carlo] package, including the entry fee, six nights of hotel accommodations and $1,500 in spending money.

I believe the package is valued at $16,000.
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  #9  
Old 12-28-2005, 03:28 AM
MicroBob MicroBob is offline
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Join Date: Sep 2003
Location: memphis
Posts: 1,245
Default Re: Stars VIP = Cash???

Yes...monte Carlo is a $16k package.

So most (all??) of the other prizes are in the $0.016/FPP range almost exactly.

I'm guessing the 6 nights hotel stay is a pretty pricey mandatory extra that is included in the package (along with the spending money)?
because I was pretty sure it's just a $10k or $10.2k tourney but it is definitely a $16k total prize.
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