Not Mine Bellagio $5k Chip (1 Viewer)

[Trihonda]

I don't think it's a scam. Rather, (based on a quick bit of Googling) it looks like casinos track their high denoms, and the seller is hoping at least one buyer doesn't know that. It seems a couple folks have gotten screwed trying to cash in a lone high-value chip...

https://www.tripadvisor.com/ShowTopic-g45963-i10-k3628399-5_000_chip-Las_Vegas_Nevada.html

http://www.sportscapperisland.com/forum/poker-room/18518.php

I'm guessing this chip is legit, although cashing it in may prove to be damn near impossible. If you're a gambling man, you could try and get it into play and break it down for smaller denoms. But even then, with only one chip to put in play I'm guessing the croupier, dealer, pit boss, etc., would question the chip's source, and would not allow it to be put into play or exchanged.

When I say "scam", I'm referring to it's likely stolen, or otherwise obtained nefariously... The seller is trying to fence their ill-gotten goods.

 

[justsomedude]

When I say "scam", I'm referring to it's likely stolen, or otherwise obtained nefariously... The seller is trying to fence their ill-gotten goods.

Ah, yes. In that case... "scam" indeed! (y) :thumbsup:

 

[Tommy]

eBay buyer protection is probably out the window too as the seller is not making any claims that it can be cashed.

 

[Jambine]

I assume these are all RFID tracked? Definitely looks like an authentic chip though.

Bellagio definetly uses RFID. Everything $100 and up. Not sure what their internal controls look like, but they would probably know exactly what table that chip went to when it hit the floor. Certainly the cage has readers.

Good luck cashing that one.

 

[Trihonda]

Ah, yes. In that case... "scam" indeed! (y) :thumbsup:

Scam is that they know it was obtained nefariously, and the buyer won't be able to cash it in (easily). Otherwise, they'd have a "buddy" drive to Vegas and cash the chips in, or just do it themselves.

I was thinking back to watching the high rollers on TV, or even at places like "live at the bike", where big game players just reach in their pockets and reload with large denom chips they just have floating around. I think a high roller might not have any issues introducing this into a game, and the casino (floor) wouldn't bat an eyelid at them pulling out a few 5k chips. But you or I trying to take a chip to the cage, or introducing this into a game would be a difficult proposition...

 

[chkmte]

I msg'd the seller asking them to confirm specifically where this came from and if it was authentic, etc. they've not replied.