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News talk 2014-01-29: Fake chips flushed

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Wednesday → 

January

29

2014

Held over


Player arrested after $2.7 million in fake Atlantic City poker tournament chips flushed down toilet
Daily Mail ↑

Mike Caro says:

Actually, you shouldn’t just worry about fake chips in poker tournaments, you should worry about authentic ones, too. I pointed this out years ago to casinos when final chip accounting wasn’t as expected. When significant shortfalls are noticed at the end of a tournament, those chips should never be reused. The missing chips probably didn’t vanish as souvenirs. They’ll be back to visit at the most unwelcome times.

But this toilet thingy is a new twist to me. Punishment? I’m leaning toward life in prison without parole, but maybe I’ve mellowed out too much. There was a time when I would have strongly advocated the death penalty. Of course, people who don’t know me very well think I’m joking. Unfortunately, I don’t find the topic amusing.— MC




“Bad Chief G!” I shouted at the poor stupid dog
Odds, POKER, Tests
Another multiple-choice test
ALL (newest first), Bankroll, General, Manipulation, POKER, Psychology, Strategy, Tests
Death of a friend and a one-question quiz
ALL (newest first), POKER, Tests
Fast 2014-09-26: Hold ’em logic puzzle #1
ADDED FAST, ALL (newest first), Hold 'em, POKER, Tests
Our paradox resolved!
Calculation, Gambling, General, Other games, POKER1 EXTRA, Strategy, Tests
Play the hold ’em insurance game? It’s your money!
Calculation, Odds, POKER, Statistics, Strategy, Tests
Review of poker lessons learned (quizzes): Index
Tests
Review of poker lessons learned: Quiz 1
General, Hold 'em, Tests
Review of poker lessons learned: Quiz 2
General, Strategy, Tests
Review of poker lessons learned: Quiz 3
ALL (newest first), General, POKER, Strategy, Tests
Review of poker lessons learned: Quiz 4
ALL (newest first), Image, POKER, Tests
Review of poker lessons learned: Quiz 5
ALL (newest first), General, POKER, Strategy, Tests
Review of poker lessons learned: Quiz 6
ALL (newest first), General, POKER, Strategy, Tests
Review of poker lessons learned: Quiz 7
ALL (newest first), General, Hold 'em, Image, Manipulation, POKER, Strategy, Tells, Tests
Targeted poker quiz 01: 7-stud (beginner)
Other games, Statistics, Tests
Targeted poker quiz 02: Hold ’em (beginner)
Hold 'em, Odds, Tests
Targeted poker quiz 03: Omaha-8 (beginner)
Odds, Other games, Tests
Targeted poker quiz 04: Psychology (beginner)
Psychology, Tests
Targeted poker quiz 05: Odds (beginner)
Odds, Tests
Targeted poker quiz 06: Opponents (beginner)
General, Motivation, Psychology, Tests

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Sunday sessions*  •  Targeted poker quizzes  •  Tuesday sessions

* Any collection followed by an asterisk ( * ) has no entries yet.

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Mike Caro

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Known as the “Mad Genius of Poker,” Mike Caro is generally regarded as today's foremost authority on poker strategy, psychology, and statistics. He is the founder of Mike Caro University of Poker, Gaming, and Life Strategy (MCU). See full bio → HERE.

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