SAVE YOUR MONEY (2 Viewers)

[BarrieJ3]

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[upNdown]

I would bet the under on that all day everyday. Based on past sales I'd be surprised if the fracs make it 2 minutes. I hope I am wrong.

More like the first 2 minutes of the sale if recent sales are any indication...

It's all guesswork. Nobody knows for sure how many fracs Jim actually got, like how many had been harvested, how many were "lost" how many are ceramic etc. But just considering the size of this casino, there are probably more than any other chiproom sale in recent memory.
I know Lady Luck is a bad example, because with their 312 spot patterns they were kind of a boring release. But I know for sure that those fracs lasted the whole first hour. And yeah those were fifty centers, which are less popular than quarters. But still, they didn't sell out until the limits were lifted.
So yeah, it's all guesswork, but I'm betting the fracs last longer than 2 minutes.

 

[BarrieJ3]

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[upNdown]

I wonder if these sales prices are going to start increasing? We have many members here with big pockets. And at least a couple are starting to take notice when these types of sales from casinos are available.

I would guess that if we don't have at least one member or two submitting bids against Jim today, that we will by the next one or two. And there is what I would imagine good money to be made off of this. I don't have the first clue as to the process, if it's a one time blind bid biggest takes it down, perhaps nothing changes. If it's anything related to auction where buyers can see the opposing side, I'm guessing we might start to see higher purchase prices on their end, and of course then on ours.

For the big, high denom chips, yes, I expect they will. They should. For the cash chips plebs like me use? No, if anything, I bet they go down.

 

[BarrieJ3]

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[upNdown]

No I mean for all of the chips moving forward.

I was saying I think other people will start trying to encroach in the area of buying all the chips from closing casinos, where legal. Thus raising the price either Jim or they end up paying. Heck, I'm super interested just to see who else is out there outside of PCF and Poker Clubs that are bidding on these.

I can't even begin to guess how it works and how hard it is to get into that room to make an offer.

 

[Himewad]

I wonder if these sales prices are going to start increasing? We have many members here with big pockets. And at least a couple are starting to take notice when these types of sales from casinos are available.

I would guess that if we don't have at least one member or two submitting bids against Jim today, that we will by the next one or two. And there is what I would imagine good money to be made off of this. I don't have the first clue as to the process, if it's a one time blind bid biggest takes it down, perhaps nothing changes. If it's anything related to auction where buyers can see the opposing side, I'm guessing we might start to see higher purchase prices on their end, and of course then on ours.

Also seems strange we don't see more chippers pooling their money to take down things like this. The aransas was a tiny, tiny example of this. Seems strange to me that the same isn't done for these types of things, but perhaps we should count our lucky stars that others either don't have the same connections or ability to figure out how.

Did you just quote yourself?

 

[Josh Kifer]

Hmm... all these stories of people missing out gots me worried y'all. I'm new here so go easy.

Don't let them get into your head. Just show up, be logged into PayPal, and buy when it comes open. You'll be fine.

 

[BarrieJ3]

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[FordPickup92]

Jeff did you make a booboo and leave periods here instead?

 

[TX_Golf_N_Poker]

Maybe everyone can just play the game fair so that everyone has a chance at getting what they are after.

This is a great idea. 95% of us agree with you. Unfortunately, there's the 5% that don't...

 

[GetUrShineBox]

The sale model itself sets up this cycle. In order to get the higher denomination chips (which are the only ones I'd be interested in for a hi roller tourney set) you often have to buy 2000 chips, which would inevitably leave me with like 1500 chips that I had no use for, so of course they're going to get sold off, probably at a loss unless there are some desirable chips in there to help offset that loss and prevent the hi denoms from costing 1.5-2x what sale price was.

This isn't flipping though. The people that buy sets including the rarer/more valuable (usually hi denom or frac) chips with the sole purpose of selling those limited ones at a profit to make their cash sets cheaper or free I would consider flipping. Or people buying chips without the intent to ever keep any of them and solely to make a profit on a limited commodity.

Unfortunately there aren't many ways around this. I did really appreciate the older pre-packaged cash and tournament set breakdowns Jim used to sell though. If one's goal was a playable cash or tourney set they could purchase one without having to navigate the insanity of needed denoms selling out and then having to pay a premium as the chips reemerged on the secondary market. I'm hoping Jim offers set breakdowns for this sale, but we'll see.

I agree. I would love to just click a button and get a cash set pre-assembled. But then it would either probably have not enough of one denom bc everyone's games are different. UGH, so difficult.

 

[DMack]

This is a great idea. 95% of us agree with you. Unfortunately, there's the 5% that don't...

Yep, and the 5% will fleece for every last penny. @Marhault is right, if nobody would purchase from those sharks, it wouldn’t be a problem. The issue is, there’s more than enough willing to be chum.

 

[GetUrShineBox]

Great question! All I want is a 600 chip low-stakes cash set (.25/.50)

Me too!

 

[BarrieJ3]

Jeff did you make a booboo and leave periods here instead?

No I was dumb and posting thoughts on the whole process.

I've had questions recently from others and I feel like stuff peters out when it's addressed publicly. I understand that could be seen poorly though, so I'll just take it back to text and hope it loses steam.

LOVE the sale and good luck to everyone.

 

[jbriod]

I hope someone creates a downloadable percentage calculator once the chip assortment is announced. Clay and ceramic.
I know someone was kind enough to post one last sale but someone screwed with it and messed it up for everyone and then didn’t work.

 

[TheChipRoom]

We run sales our best to make sure everyone has a chance to get a great set of chips at fair prices. Unfortunately, we have no control over the flippers. I could raise the prices to market value to eliminate flipping, but I want everyone to try and get a great set for a great price. I use percentages to eliminate people from purchasing only the rarer denominations and preventing other people from completing their set. Doing sets is difficult because everyone has different needs. I know the system isn't perfect, but it works. After all, I am not just a vendor, I am an enthusiast. I try and treat you guys the way I would want to be treated. I appreciate your business and the suggestions, but in the end I have to do what's best for my business model and you the customer. In a perfect world, I would eliminate flippers, but they are an unfortunate fact of life.

Jim

 

[Forty4]

I thought you had a blacklist that you wouldn’t sell to after flipping?

 

[Marhault]

I thought you had a blacklist that you wouldn’t sell to after flipping?

The only reason this is hard, is because the smart flippers don't do it in the classifieds...they do it through PM

 

[Forty4]

The only reason this is hard, is because the smart flippers don't do it in the classifieds...they do it through PM

And eBay

 

[Marhault]

And probably eBay

"Hey, I saw you were looking for Lady Luck $500's I have this rack of them that I bought that I just so happen to not need...and oh BTW I want 3 times Jim's price for it, strange coincidence eh?"

 

[moose]

Jeff did you make a booboo and leave periods here instead?

I thought he was micro-shitting on this thread.

 

[Perthmike]

"Hey, I saw you were looking for Lady Luck $500's I have this rack of them that I bought that I just so happen to not need...and oh BTW I want 3 times Jim's price for it, strange coincidence eh?"

Lol really?

 

[TheChipRoom]

I thought you had a blacklist that you wouldn’t sell to after flipping?

Too hard to control. Some people buy extra chips to get the ones they want and they should be able to sell them. I wish I could, but when you get 100+ orders in an hour, it's hard enough just to go through them to make sure people adhere to the percentages.

 

[Psypher1000]

I appreciate your business and the suggestions, but in the end I have to do what's best for my business model and you the customer.

All good, Jim. You do you. We'll be here when the doors open.

 

[Sprouty]

We run sales our best to make sure everyone has a chance to get a great set of chips at fair prices. Unfortunately, we have no control over the flippers. I could raise the prices to market value to eliminate flipping, but I want everyone to try and get a great set for a great price. I use percentages to eliminate people from purchasing only the rarer denominations and preventing other people from completing their set. Doing sets is difficult because everyone has different needs. I know the system isn't perfect, but it works. After all, I am not just a vendor, I am an enthusiast. I try and treat you guys the way I would want to be treated. I appreciate your business and the suggestions, but in the end I have to do what's best for my business model and you the customer. In a perfect world, I would eliminate flippers, but they are an unfortunate fact of life.

Jim

Thanks for all that you do Jim!

 

[WedgeRock]

Primary vs Secondary choices, what do you guys think ?

I can fap to that.

BTW, you got the $500 wrong.

 

[Marhault]

Lol really?

100% no joking. Obviously my wording is sarcastic but that was the offer. Then when I turned it down, someone with deeper pockets or more sweaty desperation bought them. Then the rest of the racks bought for percentage requirements hit the classifieds for cost. It happens with every TCR sale.

 

[Marhault]

Too hard to control. Some people buy extra chips to get the ones they want and they should be able to sell them. I wish I could, but when you get 100+ orders in an hour, it's hard enough just to go through them to make sure people adhere to the percentages.

Have you ever thought of limiting the purchase of chips that are in lower quantity to a total number instead of percentage based? Like say you can only buy 1 rack of quarters, 25k, etc.

In reality it should be our job as a community to root out the flippers and not feed their behavior. It shouldn't be the vendors responsibility. If people don't buy their shit then when they can't sell them for 2-3 times what they paid 2 weeks after at TCR sale they'll start lowering prices and be less encouraged to do it the next time.

 

[jonn1ecakes]

Have you ever thought of limiting the purchase of chips that are in lower quantity to a total number instead of percentage based? Like say you can only buy 1 rack of quarters, 25k, etc.

In reality it should be our job as a community to root out the flippers and not feed their behavior. It shouldn't be the vendors responsibility. If people don't buy their shit then when they can't sell them for 2-3 times what they paid 2 weeks after at TCR sale they'll start lowering prices and be less encouraged to do it the next time.

Yeah, I've seen some current classified ads that I feel like are pretty pricey because it could be a flipper but I'll wait to see how this TCR sale goes.