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The Chip Board Archive 16

Re: grin What is double custody?
In Response To: grin What is double custody? ()

Contrary to the term "vault" being used in this thread, most casinos do not have a "vault" in the casino cage. In fact I've never seen one that did. I don't doubt that its possible, some do.

Every chip, bill, check, wire transfer (either way), coin, TITO, credit, deposit, etc in the cage must be counted 3 times a day at shift change. Some casino cages might handle more tranactions a day than most banks do. grin

What a cage has is a lot of cabinets.
Some will be designated "Double Custody, meaning, the key is kept at the security podium. Key personnel in the cage are designated to sign for it. When they do, a security guard will return with them to the DC cabinet and watch while they add or remove chips. Both then return and sign the key back in.

DC cabinets allow the cage to store extra or reserve chips. A tape is run for all chips in it and posted on the locked cabinet. This allows the count to be credited for the total in the cabinet from the tape, without counting them 3 times a day. DC cabinets can go for months with the same total.

If any of you have ever seen the Palms chip displays at our cage, it is an example of a DC cabinet. Only one cage S/M or I, can sign for it. A security guard accompanys us when we add chips.
It always takes two signatures to get a DC key. Security must be one.

When we buy $1 chips we normally order 40,000, might only need 10,000 in the fill bank. 30,000 are put in DC.

When a casino changes chips and do not want to destroy the old rack, it goes in DC. Thats why you might ask for older chips knowing they have them, but the cashier says we don't have them. She has no idea whats in DC. If she does know, its more trouble to get them for you than its worth. grin

Messages In This Thread

Question on terminology??
Re: Question on terminology??
Re: Question on terminology??
Re: Question on terminology??
Re: Question on terminology??
Re: Question on terminology??
I will throw this into the mix
Re: Question on terminology??
Re: They were obs. at one time
Re: They were obs. at one time
Re: They were retired
grin What is double custody?
Re: grin What is double custody?
It's what i had after my divorce. vbg
Re: grin What is double custody?
grin Thanks for explaining...
Re: Isn't that the issue in the discussion...
Obsolete ... "not available"
Re: Isn't that the issue in the discussion...
Re: Isn't that the issue in the discussion...
Re: just not the commonly accepted one
Re: just not the commonly accepted one
I need these chips !
Re: Question on terminology??
Obsolete vs retired ...
30 lbs in whose favor? grin
Re: 30 lbs in whose favor? grin
Only when the redemption has expired grin
Purposely left out.
Re: Question on terminology??
I Ifully agree with this definition
Jim, I think there is a further distinction
Re: Jim, I think there is a further distinction
Re: Jim, I think there is a further distinction
Re: Jim, I think there is a further distinction
Re: Jim, I think there is a further distinction
Re: Jim, I think there is a further distinction
No 'point', you just agreed with me
Re: No 'point', you just agreed with me
Re: No 'point', you just agreed with me
Re: No 'point', you just agreed with me
Re: No 'point', you just agreed with me
Say what you will ...
Which part of NV is AC in? vbg
Whoops - that was for John.
That's the issue David ...
Re: That's the issue David ...
I doubt if you have a rack of Playboy $500's David
I doubt if I have a rack of either vbg
It's not complicated at all David ..
Re: Jim, I think there is a further distinction
I must disagree .....
That means nothing
Re: That means nothing
i would say they are retired.
Re: I must disagree .....
Re: I must disagree .....
Re: I must disagree .....
Re: I must disagree .....
Re: I must disagree .....
New classification - "Gone"
Re: so the 24k chip in my safe is a fraud?
"Finito" sounds a little more classy grin
Re: lost to history
Additional considerations on the issue
Re: Additional considerations on the issue
Re: Additional considerations on the issue
Re: Additional considerations on the issue
Re: Additional considerations on the issue
Re: Additional considerations on the issue
Arch-Miester....
Re: are not the same in A.C
Gene; I thought that we were ...
Re: Gene; I"OBSOLETE".
Re: Gene; OBSOLETE".
Re: Gene; OBSOLETE".
Re: Additional considerations on the issue
Re: Additional considerations on the issue
You are not all paying attention grin
Re: Additional considerations on the issue
Re: Additional considerations on the issue
Re: Additional considerations on the issue
Re: Additional considerations on the issue
Terry, Yes,Yes,Yes grin
This is how I do it...
MY ANSWER: RETIRED OR OBSOLETE vbg
RETIRED OR OBSOLETE vbg
Re: RETIRED OR OBSOLETE vbg
IM OBSOLETE vbg
Re: IM OBSOLETE vbg
IMO, Obsolete
True....

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