In on next secret group buy (1 Viewer)

[colter ripton]

So all the guys who take all the risk, and put up all the money upfront, should resell at cost, then me and you snap buy them all and take them to eBay for $7 a piece is fair? We are talking fantasy level unicorns and rainbows here.

Not at all what I said.

 

[BGinGA]

I've heard about most of this stuff, but not about the GB outed to Caesar's that forced GPI to redo WSOP chips. If anyone cares to enlighten, great, if not, no worries.

It was @snooptodd who felt compelled to tell them.

 

[David O]

Everyone chill out! Wow, we had some great things happen and then this crap. It's getting old! Funny how old nay sayers that condemned boat chip buyers or even BTP buyers now have custom Paulson sets (yes, there are more out there) and are doing what others have done. Sell their chips! It's going to happen. Some in all GB's have sold their chips at cost and others want to profit. From this info choose who you trade or buy from. I have my list! Form your own opinions!

We are collecting little round clay disks. Put it all into perspective.

As I have said before, some collect and some want to profit. It happens every day in real life and in other collecting groups or real life scenarios.

Let's get back to chipping and enjoying the forum.

 

[toynoob]

Everyone chill out! Wow, we had some great things happen and then this crap. It's getting old! Funny how old nay sayers that condemned boat chip buyers or even BTP buyers now have custom Paulson sets (yes, there are more out there) and are doing what others have done. Sell their chips! It's going to happen. Some in all GB's have sold their chips at cost and others want to profit. From this info choose who you trade or buy from. I have my list! Form your own opinions!

We are collecting little round clay disks. Put it all into perspective.

As I have said before, some collect and some want to profit. It happens every day in real life and in other collecting groups or real life scenarios.

Let's get back to chipping and enjoying the forum.

Jerry! Jerry! Jerry! But in all seriousness I agree, gl to you and your ninjas. Make a sweet set

 

[Chippy McChiperson]

Everyone chill out! Wow, we had some great things happen and then this crap. It's getting old! Funny how old nay sayers that condemned boat chip buyers or even BTP buyers now have custom Paulson sets (yes, there are more out there) and are doing what others have done. Sell their chips! It's going to happen. Some in all GB's have sold their chips at cost and others want to profit. From this info choose who you trade or buy from. I have my list! Form your own opinions!

We are collecting little round clay disks. Put it all into perspective.

As I have said before, some collect and some want to profit. It happens every day in real life and in other collecting groups or real life scenarios.

Let's get back to chipping and enjoying the forum.

There's more out there that we don't know about?

 

[ReallyGoodUsername]

We are collecting little round clay disks. Put it all into perspective.

But but but little-round-clay-disks = life

 

[Burke]

Gosh the gossip each time a new set hits the forum is unreal. Same arguments from both sides.

One argument that interests me is that you could get the employee you worked with in trouble. Seems to me that you would know that is a distinct possibility in the first place.....

 

[David O]

Jerry! Jerry! Jerry! But in all seriousness I agree, gl to you and your ninjas. Make a sweet set

LOL. I am not working on a set. I am actually satisfied with collecting Nevada chip sets.

 

[DMack]

OK. Then I apologize for being condescending in response to your posts. Sometimes I assume (incorrectly) everyone kind of knows the history of these buys.

You have to know that these orders are pretty big deals to those who are involved in them. People are risking serious $$$ at a possibly once-in-a-lifetime opportunity to get their own set of Paulsons. Posting specifics/details of how to get an order through could risk any other ongoing efforts and destroy established relationships with GPI, which means risking other people's time and hard earned money.

In short, it's just not wise to share details. One, for the sake of other people's money. Two, to avoid the nonsense/drama. And three, since I think it needs to be said, it's just really none of our business.

EDIT: I'd be happy to discuss more via PM. I just really think these public arguments about details need to stop. There are likely ongoing attempts at orders at this very moment, and it would be very unfortunate if this thread sandbagged those attempts.

I understand what you’re saying, but I don’t buy off in it for two seconds. I’m not advocating for any kind of intentional sabotage to a buy, but to tell others to back off because I/my group might get a buy through is ridiculous. The people fortunate enough to do it then turn around and make huge gains off the less fortunate. You’re telling the less fortunate to stay away so the fortunate can realize their profit and gains?? That’s at least how it comes across. And for you to say you haven’t been a naysayer to other potential endeavors is far off. I have watched you post for close to two years how the feat will never be done, and for nobody else to waste their time trying. How many have happened since you started with that mantra?

 

[toynoob]

That is in fact a real dilemma.
No one expects any Paulson chip to ever be sold at cost, why would anyone ever risk their financial interest for zero profit?
It is just Fantasy land to think someone would have an "IN" & create a large order and then sell them on this forum for say - double their money?
Nope, that is not good enough. You must extract maximum value that only the top small % can afford.
Hey I get it, its free enterprise. Just not something I want to support.

I got your point Bill and I agree, you won't see me owning any. My point is why even feel the need to type it out? For those who live in this fantasy land of buying at cost, should check themselves first before assuming they would indeed do what they are claiming others should do. That's my point. I do think honestly there is some individuals here that care more about chipping than profit and would sell to friends at cost. Great! That's what friends are for but let's not think for a second the majority will.

 

[ReallyGoodUsername]

Gosh the gossip each time a new set hits the forum is unreal. Same arguments from both sides.

One argument that interests me is that you could get the employee you worked with in trouble. Seems to me that you would know that is a distinct possibility in the first place.....

Purely for arguments sake - Wouldn't even posting the chips existence on this site (which we know GPI/Paulson does know about) do the same given that it's a custom order under an easily searchable name in their company system which is likely directly connected to the vendor involved with processesing the order?

If that's part of the concern then realistically no one should ever mention any Paulson custom sets they ever get by name or in picture.

Side note - does anyone from BTP know if/who/what/how the casino/Paulson employees involved got in trouble? Feel free to PM me if you're willing, I'm just only interested.

 

[BGinGA]

It would really be something special if someone managed to get a big paulson buy and sold off the chips they were not going to keep at or near their cost.

I'm not saying this because I would/could do it. I honestly dont know if I could sell them at or near cost if it came right down to it.

Well, I'm not claiming to be a saint, but that's *exactly* what I did. Sold at my exact cost to the penny, to a forum member whom I've never met in person. And somebody who, like myself, will probably keep his Star chips forever.

I could have auctioned them off and pocketed around seven grand in pure profit, but it's not always about the money.

 

[ReallyGoodUsername]

Well, I'm not claiming to be a saint, but that's *exactly* what I did. Sold at my exact cost to the penny, to a forum member whom I've never met in person. And somebody who, like myself, will probably keep his Star chips forever.

I could have auctioned them off and pocketed around seven grand in pure profit, but it's not always about the money.

Very stand up guy BG, everyone appreciates all you do here!

Also..... @BGinGA about to hit 19,000 comments!!!!

 

[Burke]

Purely for arguments sake - Wouldn't even posting the chips existence on this site (which we know GPI/Paulson does know about) do the same given that it's a custom order under an easily searchable name in their company system which is likely directly connected to the vendor involved with processesing the order?

If that's part of the concern then realistically no one should ever mention any Paulson custom sets they ever get by name or in picture.

Side note - does anyone from BTP know if/who/what/how the casino/Paulson employees involved got in trouble? Feel free to PM me if you're willing, I'm just only interested.

To be fair I assume many members/organizers of the AS/ES/PS group buy understood this and had the (unrealistic) expectation that no one would post pictures/sell their set in the beginning At least that seemed to be the case.

 

[David O]

I got your point Bill and I agree, you won't see me owning any. My point is why even feel the need to type it out? For those who live in this fantasy land of buying at cost, should check themselves first before assuming they would indeed do what they are claiming others should do. That's my point. I do think honestly there is some individuals here that care more about chipping than profit and would sell to friends at cost. Great! That's what friends are for but let's not think for a second the majority will.

Well, I for many years have sold chips at the same price I paid for them plus shipping. If I am selling to someone that I trust and have befriended I will most likely sell them at what I paid for them. I have sold many chips at my cost to other members and have seen those same chips relisted within a week and sold for profit. I think I will continue to sell to those "Friends" and non flippers at great prices because they will generally offer me "first right of refusal" at their purchase price. I might be selling some chips in the future and making them available to all, so when I do they will either be auctioned off or sold at market price. Time to buy more Nevada chips!

 

[colter ripton]

Well, I'm not claiming to be a saint, but that's *exactly* what I did. Sold at my exact cost to the penny, to a forum member whom I've never met in person. And somebody who, like myself, will probably keep his Star chips forever.

I could have auctioned them off and pocketed around seven grand in pure profit, but it's not always about the money.

That's awsome man. Im not being sarcastic I do really mean that.

I have also sold chips at cost and even given chips away that I could have sold and made good money on.

I hunt up chips on the internet regularly and sell them at a profit. I do try and keep the prices reasonable when I sell, and usually my for-sale adds are sold in just a couple mins. I also do alot of buying, selling and trading via PM. When I sell chips It is almost always to buy different chips that I want and cant find for cheap. I also keep alot of the chips that I find. Currently 4 out of my 6 sets were bought on one classifieds site or another for a good price. The other 2 sets were pretty expensive and I sold chips to get them.

My main point in my post above is that the buyers control the marketplace. I own 0 custom paulson chips. Not because I dont like them, but because the price is more than I am willing to pay. If none was willing to pay the high prices then the prices would come down. The recent custom chip sets are very nice, but give me leaded paulsons over them any day of the week. Throw in shaped and textured inlays, and to me atleast, there isnt really any comparison.

I hold no I'll will toward anyone. Do what you want with your chips, sell them for what you want, and pay for them what you think is fair. If you dont like the price a particular chip is selling for simply dont buy it.

 

[justsomedude]

I understand what you’re saying, but I don’t buy off in it for two seconds. I’m not advocating for any kind of intentional sabotage to a buy, but to tell others to back off because I/my group might get a buy through is ridiculous.

Again, not really sure if you're reading my posts or not, or just confused by what I am saying?

I've made it very clear that people should contact GPI and try new ways to get orders done. I've even provided methods for starting the process, here in this very thread. I only advised caution as it pertains to keeping order details private. This is to avoid tipping off GPI staff who may be browsing this site, which may disrupt active orders. I've never told anyone to "back off."

As for attempting new orders, all I have to say is: "go for it."

And for you to say you haven’t been a naysayer to other potential endeavors is far off. I have watched you post for close to two years how the feat will never be done, and for nobody else to waste their time trying. How many have happened since you started with that mantra?

Can you post quotes please?

I've openly advocated for people to contact Paulson to try their own orders in the past. Posting about it numerous times, in various threads.

It seems you have me confused with some one else. Or you're just blatantly trying to spread lies. I'm not sure which.

 

[Jonesey07]

I'll give someone my entire checking account for a set of custom paulsons, which as of about 10 AM this morning was $0.25.

 

[w00zie]

My main point in my post above is that the buyers control the marketplace. I own 0 custom paulson chips. Not because I dont like them, but because the price is more than I am willing to pay. If none was willing to pay the high prices then the prices would come down. The recent custom chip sets are very nice, but give me leaded paulsons over them any day of the week. Throw in shaped and textured inlays, and to me atleast, there isnt really any comparison.

Agreed. I find it funny when people comment on a rack of ES fracs that is sold for $600 with "Wow, great price!".

I have a set of AS chips but I have to admit that I feel a bit stupid paying the ridiculous prices for $5 and higher denoms...

 

[MaxB]

Well, I for many years have sold chips at the same price I paid for them plus shipping. If I am selling to someone that I trust and have befriended I will most likely sell them at what I paid for them. I have sold many chips at my cost to other members and have seen those same chips relisted within a week and sold for profit. I think I will continue to sell to those "Friends" and non flippers at great prices because they will generally offer me "first right of refusal" at their purchase price. I might be selling some chips in the future and making them available to all, so when I do they will either be auctioned off or sold at market price. Time to buy more Nevada chips!

I'd be in at $107/rack shipped for some spotted birds

 

[WedgeRock]

why not openly share how you were able to do it?

Probably most important is because the statue of limitations hasn't run yet.

More than that, tho, is because if anyone could search Google and attempt the same plan, it probably makes accomplishing a private but less likely... Paulson would get wise pretty quickly.

Again, if GPI is actually monitoring this forum, photos of these sets is all they need. Everyone involved is documented in their internal records.

Lol at using your real name and an identifiable address when running a hustle.

 

[cpac54]

Purely for arguments sake - Wouldn't even posting the chips existence on this site (which we know GPI/Paulson does know about) do the same given that it's a custom order under an easily searchable name in their company system which is likely directly connected to the vendor involved with processesing the order?

If that's part of the concern then realistically no one should ever mention any Paulson custom sets they ever get by name or in picture.

Side note - does anyone from BTP know if/who/what/how the casino/Paulson employees involved got in trouble? Feel free to PM me if you're willing, I'm just only interested.

Would also be interested in this, or if it happened in any of the other cases. Granted, if a GPI employee did something knowing it was not in line with policy, that's a bit on them - though it would behoove me as a buyer in such a case to tread very carefully in terms of putting my chips out there for the world to see... really a bit of a catch 22 in that obtaining custom chips is something I'd want to share with the whole chipping world, but without causing unnecessary trouble.

Discretion really does appear to be the better part of valour in some cases.

 

[TheChipRoom]

Believe me, I understand the desire to have your own custom set of Paulson chips. I have a couple sets of custom CPC chips and it's fun to design your own chips. I have tried, on numerous occasions, to have GPI reenter the home chip market. I know several of their reps and their previous sales manager. The more people who try and the more people who succeed via nefarious measures, reduces the chances exponentially. Those people who are upfront with GPI and try to get them to make you a set, I have no issue with. It's worth a shot. For those who try and deceive or our fraudulent, I have a word of warning for you. I have dealt with just about every gaming commission in the country and I can tell you from experience, these people are very serious and do not take issues of fraud lightly. This is currency and meant for casino operations only. Anyone who travels down this road is subject to very serious fines, legal fees and potentially more. The risk is just not worth it for some chips. Also, the reputational damage to Paulson is great and they will protect it with their team of lawyers. Additionally, anyone who would potentially deceive a sales person at GPI and risk the sales persons livelihood, for your own selfish desires, is a very low person. I couldn't imagine doing that to another person.
Everything I do is completely above board, with a painstaking amount of time and the best gaming attorney in the business. Contrary to previous comments, these fraudulent deals do not hurt my sales, in fact they only serve to drive prices higher. I post this only as a warning to those who are trying to cheat the system. It is not worth the risk.

 

[Han Trinh]

@TheChipRoom Thanks for sharing your thoughts even though people may not want to hear it. it’s pretty open and sound in my opinion.

 

[Sprinsd]

Star Chips = good

All Other Paulson Customs = not so good....

 

[Zmasterben]

Believe me, I understand the desire to have your own custom set of Paulson chips. I have a couple sets of custom CPC chips and it's fun to design your own chips. I have tried, on numerous occasions, to have GPI reenter the home chip market. I know several of their reps and their previous sales manager. The more people who try and the more people who succeed via nefarious measures, reduces the chances exponentially. Those people who are upfront with GPI and try to get them to make you a set, I have no issue with. It's worth a shot. For those who try and deceive or our fraudulent, I have a word of warning for you. I have dealt with just about every gaming commission in the country and I can tell you from experience, these people are very serious and do not take issues of fraud lightly. This is currency and meant for casino operations only. Anyone who travels down this road is subject to very serious fines, legal fees and potentially more. The risk is just not worth it for some chips. Also, the reputational damage to Paulson is great and they will protect it with their team of lawyers. Additionally, anyone who would potentially deceive a sales person at GPI and risk the sales persons livelihood, for your own selfish desires, is a very low person. I couldn't imagine doing that to another person.
Everything I do is completely above board, with a painstaking amount of time and the best gaming attorney in the business. Contrary to previous comments, these fraudulent deals do not hurt my sales, in fact they only serve to drive prices higher. I post this only as a warning to those who are trying to cheat the system. It is not worth the risk.

Boat chippers response:

 

[allforcharity]

Sounds racist to me

I'm not wearing any armour.

 

[allforcharity]

Believe me, I understand the desire to have your own custom set of Paulson chips. I have a couple sets of custom CPC chips and it's fun to design your own chips. I have tried, on numerous occasions, to have GPI reenter the home chip market. I know several of their reps and their previous sales manager. The more people who try and the more people who succeed via nefarious measures, reduces the chances exponentially. Those people who are upfront with GPI and try to get them to make you a set, I have no issue with. It's worth a shot. For those who try and deceive or our fraudulent, I have a word of warning for you. I have dealt with just about every gaming commission in the country and I can tell you from experience, these people are very serious and do not take issues of fraud lightly. This is currency and meant for casino operations only. Anyone who travels down this road is subject to very serious fines, legal fees and potentially more. The risk is just not worth it for some chips. Also, the reputational damage to Paulson is great and they will protect it with their team of lawyers. Additionally, anyone who would potentially deceive a sales person at GPI and risk the sales persons livelihood, for your own selfish desires, is a very low person. I couldn't imagine doing that to another person.
Everything I do is completely above board, with a painstaking amount of time and the best gaming attorney in the business. Contrary to previous comments, these fraudulent deals do not hurt my sales, in fact they only serve to drive prices higher. I post this only as a warning to those who are trying to cheat the system. It is not worth the risk.

I applaud you, sir.

 

[B.C.]

That is in fact a real dilemma.
No one expects any Paulson chip to ever be sold at cost, why would anyone ever risk their financial interest for zero profit?
It is just Fantasy land to think someone would have an "IN" & create a large order and then sell them on this forum for say - double their money?
Nope, that is not good enough. You must extract maximum value that only the top small % can afford.
Hey I get it, its free enterprise. Just not something I want to support.

No dog in any of these "discussions" but the current seller has posted two auctions with (what I thought) were exceptionally low opening prices (by forum decree, his actual reserve). Not his/her fault if people are willing to pay a price someone else thinks is unreasonable, outrageous or can't afford.

Carry on.

 

[Cackalacka Slim]

I am both new to this forum and new to chipping. I have mostly browsed the classifieds and bought a couple items here and there. I have been enjoying my new hobby.

But it was not until I read this thread from beginning to end that I realized what a pack of lunatics I had thrown my lot in with. I mean...you all are waayy out there!