I used to think it was some kind of process like a cashier till where the dealer would pick up a tray with X amount of chips, and then have to turn it in where everything is counted and reconciled somehow.
But I saw in a movie (never been to a casino myself to gamble) where one dealer would just walk up and tag-out another dealer and take over their spot. It made me wonder how everything was accounted for.
What’s to keep a dealer from slipping an extra $500 chip every once in awhile to their buddies?
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Everybody is being watched. The watchers are being watched. Records are kept as to who signs out chips, and who cashes them in. It isn’t foolproof, but it is heavily supervised and you probably couldn’t get away with stealing for very long, if at all. In the past few years, casinos have also started embedding RFID tags into higher value chips, which allows them to track the movement of the chips continuously. Any chip showing up somewhere unusual, and it sets off alarms.
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