Jayson Shaw's playing 1-hole 7 ahead for 90k

Imagine if all of this was filmed for "the hustlers", then they might actually get a second season. Look at all this real pool drama going on with no cameras.
For the record I hope everything gets squared up. I've been scammed numerous times in the pool cue buy and sell world, and it sucks no matter how much you lose.
 
Is there a limit on how much in chips can be cashed out in Vegas before popping up on the government radar?
I know locally, (local LOCAL casino) if you make a score, you are cashing a 5k chip a day and that's it and keeping the rest in a safe. Otherwise...paperwork and taxes.
 
Ken

Ken_4fun said:
Since you're from Southern Indiana....what do you think Herbert "Daddy Warbucks" Cokes would have done with Dippy? :eek:

Ken
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This would have never happen to him, some people just get respect, others well
let's just say people like Dippy no when they can pull this kind shit on certain kinds of
people.
No disrespect to Chris or his friends.
 
Doing what you say is exactly how to pop up on serious govt radar. You have defined structuring and casinos report it (due to money laundering).

Worrying about it is silly anyway, there is never verification of buy in amounts (even if tracked with a player card, its not an audit proof source), so you never get a 1099 when cashing cheques. Only when playing a machine that has auditable coin in vs coin out.



SUPERSTAR said:
Is there a limit on how much in chips can be cashed out in Vegas before popping up on the government radar?
I know locally, (local LOCAL casino) if you make a score, you are cashing a 5k chip a day and that's it and keeping the rest in a safe. Otherwise...paperwork and taxes.
Click to expand...
 
Limit is $10,000. Once you hit that threshold, the casino fills out a CTR Form ( cash transaction report). This really isn't a big of a deal as some people make believe. There are ways around this though.


SUPERSTAR said:
Is there a limit on how much in chips can be cashed out in Vegas before popping up on the government radar?
I know locally, (local LOCAL casino) if you make a score, you are cashing a 5k chip a day and that's it and keeping the rest in a safe. Otherwise...paperwork and taxes.
Click to expand...
 
Go buy in at a blackjack table for $10,001 and see what happens. Or buy in at several tables totalling over $10,000 over the course of a day and see what happens. The casino "should" be making you fill out a CTR form.

jcrack_corn said:
Doing what you say is exactly how to pop up on serious govt radar. You have defined structuring and casinos report it (due to money laundering).

Worrying about it is silly anyway, there is never verification of buy in amounts (even if tracked with a player card, its not an audit proof source), so you never get a 1099 when cashing cheques. Only when playing a machine that has auditable coin in vs coin out.
Click to expand...
 
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gutshot said:
Limit is $10,000. Once you hit that threshold, the casino fills out a CTR Form ( cash transaction report). This really isn't a big of a deal as some people make believe. There are ways around this though.
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OK. Thanks.
Cause the local pit boss told me once to just come in and cash a 5k chip a day, and they don't care. They don't take names or anything, no ID. You just come in, cash it and leave. One a day.
Just thought it might be different at casinos where there are serious high rollers.
 
Used to work Surveillance Vegas Casinos, no ID needed for $5K transaction but you still need verifiable play or they won't cash the large denomination cheques. Saw numerous people get turned away
 
jay helfert said:
It wouldn't have happened with Hubert. His rep was well known and he was respected and FEARED! I never saw anyone get so much reverence in the poolrooms. Even the hard core hustlers said "hello Mr. Cokes" to him. Everyone was on their best behavior when he was around. He was like a Godfather in the pool world.
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What was Hubert Cokes' speed? How well did he play?
 
Very sad to hear the news, guess my question would be why enter into the 2nd set without collecting for the first?
 
Apparently there was some speculation in the poker world that Dippy was busto back in 2013. Obvs most smart poker players manage their image, trying to get an edge by making people think they have money when they dont or vice versa as it could change strategy at the table.

Previously, he accused Scott of racking with wet hands on his break to get a better spread with same cueball control. Also walked out on another match in 2011 because he disputed a call on a hit, even though (ironically) Chris was called in to judge that hit. Maybe this is all just "What Dippy Do" but to me it would fit with someone who was air-barreling. Chris' backer(s) would obviously know all of this plus a million things the collective AZB doesn't know, and should have factored it in when setting the game/price. Still, can't wait to hear what his excuse is this time and what the retort will be. Also read some speculation somewhere that Tom Dwan was backing Dippy for at least one of the Frost matches, which I thought was pretty LOL.

Anyway, I think someone like The Action Report is really missing the boat with games like this. They should provide all the required services - i.e. escrow funds before the match, provide referee(s) for the match, provide a location with good equipment to play on, security, food, bev, etc. For these services, they get the right to stream or resell the matches, which of course the players would each get a cut of. Players would be in agreement with very clear and concise terms and conditions. Basically make it into a casino like environment for big money matches, where nobody can ever stiff anyone. Ive never watched a TAR Match I guess, so maybe that is exactly how it works, but they should be tripping over themselves to make sure they get every match.
 
azbluemach1 said:
Anyway, I think someone like The Action Report is really missing the boat with games like this. They should provide all the required services - i.e. escrow funds before the match, provide referee(s) for the match, provide a location with good equipment to play on, security, food, bev, etc. For these services, they get the right to stream or resell the matches, which of course the players would each get a cut of. Players would be in agreement with very clear and concise terms and conditions. Basically make it into a casino like environment for big money matches, where nobody can ever stiff anyone. Ive never watched a TAR Match I guess, so maybe that is exactly how it works, but they should be tripping over themselves to make sure they get every match.
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Justin/TAR tried that with Dippy a long time ago. I think Justin would rather die in a grease fire than try it again......
 
He who has the money makes the rules. That's why seasoned pro gamblers such as Scott, and now Chris (and probably more that never were reported on AZ), got stiffed.

Guaranteed the same will happen again with Dippy and another pro, that knows all of this history, to boot.
 
I was at Good Times this past Saturday night watching a different action match. Dippy started in the pit then moved up to the floor. I counted roughly $42,000 that he lost and it was all paid in cash at the end of each 1P rack.
 
banditgrrr said:
I was at Good Times this past Saturday night watching a different action match. Dippy started in the pit then moved up to the floor. I counted roughly $42,000 that he lost and it was all paid in cash at the end of each 1P rack.
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He gets played because he's a fish.
 
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