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  #1  
Old 03-15-07, 07:54 PM
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Default 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.
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  #2  
Old 03-16-07, 12:31 AM
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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...
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  #3  
Old 03-16-07, 12:47 AM
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Why do people carry around chips anyway? That just seems retarded to me.
  #4  
Old 03-16-07, 01:52 AM
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Carrying five $5k chips in your pocket is a LOT easier than carrying $25k in $100s. Think about it.
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  #5  
Old 03-16-07, 02:28 AM
Boobie Lover Boobie Lover is offline
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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.
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