Beat: WSOP Media director gets stiffed by MGM for $5k
 

Chips < cash



Dalla, a media organizer for the World Series of Poker and other major poker tournaments, obtained the $5,000 MGM Grand chip at the center of our story from a friend who owed him money. Dalla decided to cash the chip at the same time he cashed a winning sports book ticket from MGM Grand.

Asked whether he won the chip at the casino, Dalla told the casino cashier he got it from a friend. That's when a supervisor stepped in, asked a few more questions and then confiscated the chip, saying Dalla couldn't prove that the chip had been obtained legally.

That is brutal. There's a lesson to be learned though.

I see poker players loan each other and pay each other back with high denomination chips ALL THE TIME...

Why do people carry around chips anyway? That just seems retarded to me.

Carrying five $5k chips in your pocket is a LOT easier than carrying $25k in $100s. Think about it.

Can't you just put that amount in like a safe deposit at a casino or at least hold it in the cage? The odds of me losing some measly chip definately do not seem worth it for the ease of carrying around chips.