Native Lights Casino Primary Chip Sale (22 Viewers)

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As mentioned above, this "loophole" was openly discussed here. It seemed like a sensible strategy. Condemning anybody who employed that strategy is silly. As long as your final order meets the percentages, who cares?

And why should this "loophole" be any less "fair" than whoever has the fastest internet connection?

Whatever. Jim can sell the chips however he wants. I'm glad to have the chance to buy them, if I want them.
 
And BTW, let's be realistic. The demand so far exceeds the supply with these tiny casinos that eBay is the only thing that makes sense.
I'm pretty sure if next month Jim reels in another giant casino, he'll figure out a way to blow them out here that makes sense for his business model.
 
How odd that you would think that. Most of the people here collect chips, and they play with those chips. They share their chips in the poker chip's natural environment - on the felt.

The hobby is far from "kept in the dark". Most of my players don't care which chips I use, but I merrily tell them all about the chips that I bring out. I share my hobby quite a bit - it's not my fault that most people are normal and thus, don't care.

Most of the people here aren't concerned about increasing the value of our chips. In fact, there are numerous threads where the discussion is about crazy inflated prices. When Jim releases chips to us for a discount, we love to buy them up - not to resell, but to have yet another set to put into rotation at our home games. When someone picks up an epic looking set, that set is often requested to make an appearance at a meet-up, where once again those chips are put into play.

Many sets are built a little bit at a time. It is a time consuming labor of love. Sometimes those sets never get completed, and so the Classified section becomes active as people buy-sell-trade to get the funds or chips to complete a dream set, or to help someone else complete their dream set.

I can only think you are viewing chip collecting from the point of view of a coin collector. Those people don't intend to use their coins. They simply collect, and sometime sell, hoping the value goes up over time.

Chip collectors are a different breed. We are both classified as numismatics, but the comparison ends pretty quickly - for the vast majority of us.


I do not completely disagree with you. I think that the vast majority of people here are serious about collecting and using chips. However, I still believe that the loudest whiners about how Jims chips should be sold are flippers.

I am still very new here but I am not new to human nature.
 
Thank god this is a forum. A place to discuss. Where the views of the opposition are respected and even contemplated.

Excellent start!

I do not understand why so many people here keep this hobby in the dark.
I asked about slabbing and grading here not that long ago. With the replies I received, you would have thought I asked for your wives phone numbers.
Absolutely, selfishly short sighted of you who posted negative replies.

Wait, what?

So those people who disagreed with you are "selfishly short sighted"... despite the fact that, as Poker Zombie explains, chip collecting is very different than coin collecting... you can almost compare slabbing / grading of chips to slabbing / grading of baseball/hockey/sports cards.

No worries, I have thick skin and don't mind all you whiners blasting me...

"How to Make Friends and Influence People".
 
My guess is that Jim's business model is to get in and get out. He wants a return on his investment quickly - he doesn't want to be dealing with daily sales nor does he want to pay a middleman like eBay.
Our community is his perfect market - if he sells them to us quickly (which also means cheaply) we win and he wins.
But when this community's insatiable demand is high and his supply is low, eBay might make more sense. Let's stop shaking our fingers at one another and realize that truth.
 
MUCH thanks to Jim at TCR for EVERYTHING he has done over the years bringing us CHEAP amazing playable casino sets. Safe to say we are all very spoiled by what Jim has been able to offer us over the years. I think it is VERY important to keep things in perspective and realize how lucky we are (were) to have these opportunities.

Did not participate in this one, nor will I be for any future sales from TCR, Apache, eBay, or from anyone else. I am done buying poker chips as my disease is in full remission.

Enjoy this amazing unique hobby and maybe one day we can call this a community again with a straight face. Careful what you wish for and watch your step there boys!
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I do not completely disagree with you. I think that the vast majority of people here are serious about collecting and using chips. However, I still believe that the loudest whiners about how Jims chips should be sold are flippers.

Um... since Jim had invoked a "no flipping or be banned from future Chiproom sales" in his last release (Horseshoe Cleveland), I'd be a little more careful before painting the members on this forum with such a wide brush.

No... I believe the "loudest whiners" are people who got excited about a chip sale and weren't able to get some of the high denom chips they desired, most likely because the chip limits and sales rules set by Jim allowed 2 people to corner the market on those chips.

And, due to some vagaries in how orders are handled, some of these people then missed out on other denominations because they had to redo their order.

It's an absolute feeding frenzy when Jim releases chips to the forum, and you'll find unhappy people in all of the sales threads; however, I think that the Horseshoe numbers might have inflated the supply expectations this time around, as a lot of people were surprised by the small number of $500 chips.
 
ost of the people here aren't concerned about increasing the value of our chips. In fact, there are numerous threads where the discussion is about crazy inflated prices.
I don't think this is true. Yes, some of us would prefer to keep chip prices reasonable, with a strong sense that it's good for this community. I figured that out and got on board after a few months. But the classifieds I see daily suggest to me that more people here are concerned with getting "fair market value" (which translates to profit) than simply circulating chips within the community. And there's nothing wrong with that either - different perspectives. I only reply because while I agree with the sentiment, I don't think the majority does, and that has to affect the way a guy like Jim sells chips.
 
God. I should have kept this hobby in the dark. Everyone isn't impressed with what I know and have. I look like a crazy guy when they find out what I paid...
Oh yes, you should definitely avoid discussing costs with spouses and poker partners. It's kind of like wine. I'll drink from your $500 bottle if you offer but don't expect me to appreciate the difference between it and the two buck chuck I got at Trader Joes. Now Scotch on the other hand...
 
I'm a whiskey man myself....
Oh yes, you should definitely avoid discussing costs with spouses and poker partners. It's kind of like wine. I'll drink from your $500 bottle if you offer but don't expect me to appreciate the difference between it and the two buck chuck I got at Trader Joes. Now Scotch on the other hand...
 
Excellent start!



Wait, what?

So those people who disagreed with you are "selfishly short sighted"... despite the fact that, as Poker Zombie explains, chip collecting is very different than coin collecting... you can almost compare slabbing / grading of chips to slabbing / grading of baseball/hockey/sports cards.



"How to Make Friends and Influence People".


“chip collecting is very different than coin collecting“. To you it may be. I wasn’t aware of a dictatorship in the chip hobby?
 
I don't think this is true. Yes, some of us would prefer to keep chip prices reasonable, with a strong sense that it's good for this community. I figured that out and got on board after a few months. But the classifieds I see daily suggest to me that more people here are concerned with getting "fair market value" (which translates to profit) than simply circulating chips within the community. And there's nothing wrong with that either - different perspectives. I only reply because while I agree with the sentiment, I don't think the majority does, and that has to affect the way a guy like Jim sells chips.


Well said!
 
@TheChipRoom , Jim. just wanted to know if you are definitely going the eBay route as sets? from your posts i cant get a clear picture if thats what you are doing.

also if there will be "odds and ends" racks left over for sale. only need one (lower) denom.

i know your busy and didnt want to jam up your inbox. (more than it already is)

thanks
 
How odd that you would think that. Most of the people here collect chips, and they play with those chips. They share their chips in the poker chip's natural environment - on the felt.

The hobby is far from "kept in the dark". Most of my players don't care which chips I use, but I merrily tell them all about the chips that I bring out. I share my hobby quite a bit - it's not my fault that most people are normal and thus, don't care.

Most of the people here aren't concerned about increasing the value of our chips. In fact, there are numerous threads where the discussion is about crazy inflated prices. When Jim releases chips to us for a discount, we love to buy them up - not to resell, but to have yet another set to put into rotation at our home games. When someone picks up an epic looking set, that set is often requested to make an appearance at a meet-up, where once again those chips are put into play.

Many sets are built a little bit at a time. It is a time consuming labor of love. Sometimes those sets never get completed, and so the Classified section becomes active as people buy-sell-trade to get the funds or chips to complete a dream set, or to help someone else complete their dream set.

I can only think you are viewing chip collecting from the point of view of a coin collector. Those people don't intend to use their coins. They simply collect, and sometime sell, hoping the value goes up over time.

Chip collectors are a different breed. We are both classified as numismatics, but the comparison ends pretty quickly - for the vast majority of us.
^^
 
As a new forum member , im always amazed at the excitement / knowledge people exhibit here. Its hard not to get drawn into a sale event like this one... so yeah... ended up buying a pretty large (and my first Paulson) set with this sale. Only thing I missed was a barrel of $500s to complete which is a shame. But not sure how to make it fairer etc etc. All I can say is these will see play! SO should one of the 2 people who picked up 160x $500 each take pity on me, you know where to find me...

Eitherway Chiproom has done a sterling job. RIght in the middle of the sale carnage on Sunday, I messaged Jim and got a reply within 5 minutes... good work. and thanks for the opportunity!
 
The issue is that that every individual order violates the minimums. If you order 50 - $500 chips only, that order violates the percentages. If i monitored each order in real time, I would start refunding as soon as the order is received. It not a loophole, it's a violation.

Jim
As mentioned above, this "loophole" was openly discussed here. It seemed like a sensible strategy. Condemning anybody who employed that strategy is silly. As long as your final order meets the percentages, who cares?

And why should this "loophole" be any less "fair" than whoever has the fastest internet connection?

Whatever. Jim can sell the chips however he wants. I'm glad to have the chance to buy them, if I want them.
 
I know you are set on the next sale, but for the premium chips, you could always bundle them into predefined sets which meet the minimums. It’s still a first come first served, but it keeps that same situation from happening again.

So, you could have bundled a quarter set with
50x .25
400 x $1
400 x $5
100 x $25
50 $100

People would probably sell some of the extra, it assume they wouldn’t be marked up right away.

Either way, I support your decision. I’m saving for a custom set now, so not likely to purchase chips this go around.

Mark
 
“chip collecting is very different than coin collecting“. To you it may be. I wasn’t aware of a dictatorship in the chip hobby?

Posts like these is why you wait to make comments about how you would change a hobby, especially to those in the hobby. Learn what you can before just slamming keys.
 
Posts like these is why you wait to make comments about how you would change a hobby, especially to those in the hobby. Learn what you can before just slamming keys.

I have no desire to change the hobby. But do not tell me that everyone believes the same thing in this or any hobby...
 
If you don't believe what the general consensus is in this or any other hobby, do it your own way. Just don't expect anyone to jump on board with what you are doing.

Do what makes you happy and be content with the results.
 
The issue is that that every individual order violates the minimums. If you order 50 - $500 chips only, that order violates the percentages. If i monitored each order in real time, I would start refunding as soon as the order is received. It not a loophole, it's a violation.

Jim

Exactly.
 
Further to that point, how does Jim know that whoever ordered the 50 $500's is following the limits for the rest of their order? Those 50 $500's are now taken out of "inventory", whether or not they are part of a valid order. Therefore, until everything is closed and Jim is able to match everything up MANUALLY to each username and double check their percentages, it could be all wrong and he would now have to release the $500's again because they were part of an invalid order?

I'm sure from now on there will definitely be a disclaimer that any orders that violate the percentage limits can be disqualified immediately at Jim's discretion :)
 
The issue is that that every individual order violates the minimums. If you order 50 - $500 chips only, that order violates the percentages. If i monitored each order in real time, I would start refunding as soon as the order is received. It not a loophole, it's a violation.

Jim

I haven't read the whole thread but I'm curious, if these orders violated your guidance, which they clearly seem to do, did you cancel them all?
 
The only issue is greed. I question how many of the people who "just needed one barrell" would ever get those chips into play in a cash game. I think the term "need" is used loosely, when it really implies - I want these chips because they look awesome and are affordable in this sale, and hopefully at some point in the future they will be worth 10 times what I paid for them.

The loophole was a way for 2 people to game the system, but the net result probably would have been the same. The bulk of the $500 chips would have gone to the two or three people who completed their single invoice the fastest, while maintaining the correct ratios set forth in the rules.

I wholeheartedly believe that If Jim had said something like "The $1 chips are super Limited, therefore you can only buy 2 racks" then everyone who participated in the sale would have had 2 racks in their cart, and there would have been all kinds of jockeying behind the scenes to get more of them. Since he didn't, the demand for them is not the same.

BTW- Im guilty of this mentality as well. I did not partake in this sale, but I always buy the chips that are available to me at the time. I figure its easier to get them now, then have to convince someone to sell them to me later. I don't know if there is a solution that will work, that does not create a huge amount of effort on Jim's side, but we as a community have created the problem.
 
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