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A US Navy admiral has been accused of making counterfeit $500 poker chips after developing a serious gambling habit. 1) Casino and Poker Chips, regardless of how or where they were used: 2) Items used as money in a casino - chips, tokens, TITO’s, jetons, plaques, etc. 3) Gaming equipment from a casino - dice, playing cards, slot cards, etc. 4) Collectible items from a casino/hotel with casino name, picture or logo - ashtrays, postcards, etc. Sell your counterfeit chips to those on the other side of the IQ spectrum. Why go through the risk of cashing them in at a casino? Sell your $100 chips for $25 to someone with enough of a risk taking personality to do something as stupid as trying to scam a casino. Some casinos are also putting micro-chips in the chips, so when you bet the chip a scanner reads it and can be tracked in the casino. There was one man in the mid 80’s who made fake 100 dollars. Directed by John Florea. With Erik Estrada, Larry Wilcox, Robert Pine, Andrew Duggan. Counterfeiters working out of a church are creating phony $20 bills and passing them around L.A.
SMITHFIELD, R.I. -- Louis ’The Coin’ Colavecchio introduced himself over the phone last week as the ’World’s Greatest Counterfeiter,’ a title he earned by making near-perfect replicas of slot machine tokens that confounded and impressed casino operators in multiple jurisdictions.
A few days later, he greeted a reporter and photographer with a hug and kiss before an interview at Rocco’s Pub and Grub restaurant. Then he sat with his back to the wall and talked for more than two hours about the lifetime of hustling that he wrote about in detail in his newly published memoir, ’You Thought It Was More.’
The 73-year-old master mechanic, jeweler, imported car dealer and ladies man stopped smiling when the reporter referred to the perfectly replicated slot machine tokens he used at casinos in Connecticut, Atlantic City and Las Vegas as ’fake.’ His brown eyes narrowed.
’Don’t say fake,’ he said quietly. ’They’re high-quality counterfeits.’
There are a number of terms and phrases that are used often in poker. In this glossary we have provided definitions and explanations of the most common ones, as well as abbreviations, acronyms, and slang terms used for poker hands. Best Answer for Terme De Poker Crossword Clue. The word that solves this crossword puzzle is 4 letters long and begins with F. A poker event involving one or more tables of players who each begin with a fixed amount of tournament chips. They play until they have either lost that amount, are the last player remaining holding all the chips, or the remaining players enter into an agreement to end the game. Poker Terms - Common Phrases and Acronyms. In poker, there is practically a library of poker terms that are commonly used. For the uninitiated, these terms can sound like a completely different language, when a poker player says, ’I flopped a belly buster on a rainbow board’, when they are really saying that they have an inside straight draw, after the dealer dealt the first three cards, all. Poker Terminology & Meanings. The game of poker has its own slang or “poker talk.” If you are new to poker, learning the poker slang will greatly improve your knowledge of the game. From the small blind to the straight flush, here is a poker glossary of the important poker terms to know. Act: check, bet, raise, or fold. Terme poker anglais.
His able hands and his tool-and-die making skills, both inherited from his father, brought him notoriety, but Colavecchio also has a gift for spinning a story. Just as it was nearly impossible for authorities to distinguish between his slot machine tokens and the real ones, it is difficult to determine the authenticity of many of his stories. It’s fun trying, especially for those who like reading about casinos, fast cars, beautiful women, precious metals and gems and the New England Mafia.
Colavecchio speaks in the brogue of his native North Providence, sounding something like the stereotypical New York mobster. The title of his book, on which he collaborated with author and professor Franz Douskey and journalist/author Andy Thibault, came from ’a regionalized slang for wise guys coming from the Providence area.’
’What’d you thought it was more?’ or the shortened version, ’You thought it was more?’ was used at the end of practically every sentence, he writes in the first few pages of the book. He likens the phrase to the better known, ’Forget about it,’ which he said he and his associates used long before it was made popular by the Sopranos HBO series.
Though he said he was associated with the Patriarca crime family, which he refers to as ’The Providence Office’ in his book, Colavecchio said he never ’ratted’ on anybody after he was arrested at Caesars Atlantic City in late 1996 with a car full of counterfeit tokens, a handgun and cash.
’After I got busted, word got around that I was offered deals and didn’t take them,’ he said.
Retired Connecticut state trooper Jerry Longo, who was assigned to Mohegan Sun as an investigator at the time, said he spent two years on the case after New Jersey officials notified Connecticut casino operators of the scam.
’I sat there for days looking at tokens under a microscope,’ Longo said in a phone interview. ’It was unbelievable. I couldn’t tell the difference.’
Even after a close inspection, the differences between Mohegan Sun tokens and Colavecchio’s copies were barely distinguishable, Longo said. But there were minor defects - a bubble here or a scratch there. An American Indian woman on the $100 token had a rounded headdress instead of a sharp point, he said. The shape of a canoe paddle was slightly different. Casino pucon enjoy.
Casinos have since replaced slot machine tokens with a paper voucher system that was under development when Colavecchio was arrested, Longo said.
’I would say on the East Coast he kind of sped it up,’ Longo said.
Connecticut authorities eventually arrested Colavecchio, who agreed to tell them how he had made the tokens. Colavecchio pleaded guilty in New London Superior Court and accepted a sentence that ran concurrent with his federal imprisonment.
Longo and Colavecchio have remained friendly, and Longo wrote the introduction to ’You Thought It Was More.’Making Counterfeit Casino Chips Near Me
’Louis grew up Italian, as I did,’ Longo wrote. ’He loves to eat. So do I. At some point in our younger days, we both made choices about which road to take.’
Colavecchio said the token scam lasted four years and enabled him to have ’money buried all over’ by 1998, when he turned himself in to serve a two-year sentence at the federal prison in Fort Dix, New Jersey. His incarceration was easy once he hooked up with people he knew, Colavecchio said. In the book, he writes of playing in bocce tournaments, feasting on pasta stolen from the prison kitchen and working at a no-show plumbing job while doing his time.
’My mother always told me I could make lemons out of lemonade,’ he said.
The History Channel profiled Colavecchio as the ’Counterfeit King’ in its series on Breaking Vegas. He doesn’t say much about the episode except to point out that when the show aired, Colchester attorney Mel Scott, who represented him in his Connecticut cases, called him and said, ’That’s not the Louis I know.’
One section of his book, with detailed explanations of each step of the token-making process, could serve as a manual for other would-be counterfeiters, but Colavecchio said nobody else would be able to do what he did. He said a representative of the U.S. Mint called him several times in prison to ask him why the dies he made lasted longer than theirs. He finally told them, he said, that he used a different grade of steel, and he claims the government reimbursed him for the press they had seized from him.
Colavecchio said that before he began making counterfeit slot machine tokens, he manufactured casino table game chips, or cheques, by defeating the micro-chip feature, perfecting the composition and using an ingenious method to extract the color from real chips and use it in the copies.
’You could not believe how I did that,’ he said during the interview. He said he made a lot of money but retired from chip-making when his associates started demanding more and more of the product.
’My style was to take a couple hundred grand from each casino,’ he said. ’If I didn’t do your casino, it was an insult.’Making Counterfeit Casino Chips For Sale
Colavecchio confesses to a lifetime of illegal activity in his book, with detailed accounts of inside-job robberies and money-laundering at his jewelry stores, arson fires he helped plan, shootings he witnessed and insurance scams. The statutes of limitation for prosecution of those crimes may have expired, but his legal problems are not over. According to news stories, he was arrested after police found a marijuana growing operation, plus five pounds of the drug, at his Pawtucket, R.I., home.
’I’m glad you asked me about that,’ he said during the interview. ’It’s a bum rap.’
Colavecchio said he had a license for medical marijuana and was growing 16 plants.
’I’m not into drugs, honest to God,’ he said. ’But there’s money in it, and I thought it was legal. I made the most sophisticated hydroponic (watering) system in the world.’
He said he expects to resolve the charges later this month and that he won’t be returning to prison.
Colavecchio, who was divorced from his first wife in 1980 and whose second wife died by drowning in 2006, doesn’t talk much about his grown children and family life. His 80-year-old brother is a Catholic priest, he said, and he expects to see St. Peter when the time comes.
Meanwhile, Colavecchio said he is refurbishing and selling printing presses - there’s still money in it, he said, in foreign countries - and is living with his girlfriend, Lauryn, who is 33 years old and is ’turned on by my style.’
Co-author Andy Thibault said he met Colavecchio in 2006 after Colavecchio’s wife saw a column Thibault had written about ’Louis the Coin’ and called him. They hit it off, and Thibault arranged for Colavecchio to make appearances at Gateway Community College, where Douskey teaches.
’He was so popular that a retired Secret Service guy came, and someone from Foxwoods, too,’ Thibault said by phone Monday.
This Saturday, Colavecchio is scheduled to appear with Douskey at ’Untold Stories,’ an event at Artspace in Hartford. Always looking for the big score, Colavecchio said he doesn’t expect to make a lot of money on ’You Thought It Was More,’ but that he held back on some of his best material for the movie he expects will follow.
’I have a million stories to tell,’ he said.
There is more, after all, for Louis ’The Coin’ Colavecchio.Posted by
A recent G2E conference session in Las Vegas gave me a chance to hear industry insiders talk about the current usage of RFID (Radio Frequency ID) technology inside casinos. This technology uses radio tags embedded in casino chips to authenticate the chips, and to enable more accurate data gathering on the casino floor. The idea has been around for a number of years now, with Wynn Las Vegas using the system since 2005. In the years since, the technology has slowly improved and more casinos have begun to use the chips. An expert speaker at the conference indicated that perhaps 40 casinos in the US are currently utilizing radio-enabled chips.
Probably the most compelling casino benefit provided by RFID is the ability to validate and authenticate high-value chips. Counterfeit chips can be a major threat to a casino, and having each chip embedded with a radio tag and serial number can be a powerful weapon against fraud. Consider the risk posed by a manufacturer shipping millions of dollars of chips to the casino. With RFID, those chips are just useless tokens until the serial numbers are officially added to the inventory at the casino.
Another ability of these systems is to automate the counting process, both in the casino cage and in the table game racks on the floor. From the commentary at the conference, the technology does not currently enable a full automated count in the cage, but floor racks can be counted. I don’t know why the full-cage count still poses a problem, but these kinds of limitations seemed to be a common theme throughout the talk. The state of the art just isn’t quite there yet.
For table game players, there are two ways that RFID chips can be problematic:
The first is the use of sensors under each betting circle to accurately determine the amount a player is betting. The benefit to the casino is that average bet ratings can be precisely accurate for each player, and they can eliminate the inaccurate ratings that often allow players to earn comps above the appropriate level. See “How a Basic Strategy Player can Beat Blackjack” for more on that. In addition, if this real-time betting data can be coupled with sophisticated surveillance software, the process of detecting many forms of advantage play could be automated.
The second concern is that RFID tags could potentially allow a casino to “assign” chips to a particular player who won them at the table. If the casino knows who you are (or at least has an assigned profile for you), then chips could be tagged to you specifically. If those chips disappear out of the casino inventory for a time, if you like to stockpile chips for future play, this information would be a problem, especially if someone other than the original player eventually plays the chip or cashes it at the cashier.
Fortunately, although the system sellers paint RFID as an extremely capable platform, there are still holes in all of this process. The casino floor is a messy environment for this kind of orderly tracking. Players move from table to table, and chips are in constant motion. The kind of bulletproof tracking that would allow chips to be assigned to specific players with any degree of certainty just doesn’t exist. In my opinion, this will not change in the next few years. An industry representative admitted as much during the G2E session. When asked if the system could assign a chip to a specific player, his response was that “It could be done”, but he said that in a tone that made clear that the technology today falls short of this goal.
There may be some exceptions to this, particularly in the tracking of junket players who may be assigned inventoried special chips upon their arrival. In that use case, the main goal is to make sure that the junket players are giving the action expected for their trip.
For now, the principle threat that RFID poses to blackjack players is that it may be difficult or impossible to inflate your average bet rating at the table. To accomplish even this requires a substantial investment by the casino in sensors that currently run about $10,000 to equip a single blackjack table.
So, RFID may be here now, but it still falls short of its eventual promise for the industry. For savvy players, that’s a good thing.
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