flying with your bankroll...

ArtVandelay · #1 02-09-2006, 11:22 PM

suppose I was going to fly somewhere and wanted a >10k bankroll for the games there

1) 10k is often a magic number; are there any legal problems flying with that domestically?
2) what are other (but cheap/free) alternatives to carrying cash?

Bremen · #2 02-09-2006, 11:28 PM

[ QUOTE ]
1) 10k is often a magic number; are there any legal problems flying with that domestically?

[/ QUOTE ]
None that anyone here has ever reported.

[ QUOTE ]
2) what are other (but cheap/free) alternatives to carrying cash?

[/ QUOTE ]
Wiring money to the cage/ getting a line of credit from the casino.

Most people here, myself included, would just carry the cash.

Big Business · #3 02-13-2006, 04:45 PM

I would go maybe half and half with cash and traveler's checks. Last time I went a took a bankroll of only 2k (not that big of a roller) and split it and everything went fine. I didn't even need the cashiers checks because I never got stuck that much.

However, I went to cash my checks at the cage of the Rio just to get the money a couple of days before I left and they looked at me like an alien that they had never seen them before. It took some time signing all of the checks, but I got my money with no problem.

PokerCad · #4 02-13-2006, 05:31 PM

I regularly carry 6-8K in my pockets, yep split them in two for both front pockets, I have never had any hassle and I take several trips a year

BTW, I believe they can only confiscate an amount over the 10K, for example if you were to get hassled for 12K they could only confiscated the 2K,,,that is my understanding,,,

cardcounter0 · #5 02-13-2006, 05:39 PM

That is a pretty weird understanding.

bav · #6 02-14-2006, 04:39 AM

[ QUOTE ]
That is a pretty weird understanding.

[/ QUOTE ]

Can anybody point at specific statutes or regulations? So far it's all rumor and old articles. I'm positive I remember once (like at least 5 years ago) coming across some interstate transportation of cash >$10K rule, but my last couple attempts to find such a thing in federal law have come up dry. It's a fuzzy memory, but I think there was just some federal form you were supposed to file prior to traveling.

So... who has specifics?

BoxTree · #7 02-09-2006, 11:39 PM

I suppose you could get 10k worth of traveler's cheques....

afish · #8 02-10-2006, 12:02 AM

There is no law against flying domestically with any amount of cash. If you fly abroad with more than 10K, you need to declare it.

Negreanu had a post about running into some trouble in the Miami airport because of the cash he was carrying, but I assume it was a six or seven figure sum. Even then, they let him go.

jaydub · #9 02-10-2006, 12:25 AM

As I have posted before, > 10 can be seized. It's part of the drug laws

J

Ray Zee · #10 02-10-2006, 12:37 AM

any amount can be taken so split it up between your pockets so it doesnt bulge and they wont feel it and have any reason to detain you.
best to have a bank account with a national chain that has offices in where you are going and withdraw there if possibel.
travelers checks are no longer guareenteed by american express or the other companies and few if any palces will give you any decent amount of cash for them without having an acount with them. they are basically useless nowadays.