Casinos use them to track inventory and identify people. These chips are also integral to the security of a casino by preventing theft.
Casinos utilize RFID chips to track the movement of their money within the premises. management can see in real-time which tables get the most action at certain parts of the day, allowing them to know which part of the casino requires higher levels of security.
RFID technology is a great way to prevent counterfeiting of casino chips and find the big spenders in a casino. These chips can be scanned quickly and easily, which means staff can spend less time checking ID and more time looking for people who might be overspenders.
The RFID chips are considered one of the most successful anti-fraud techniques to date by various industries. While criminals can easily create a copy of the chip’s exterior, they could not copy the RFID data that is unique to each casino chip. In addition, these RFIDs need to be registered to a casino before they can be used within the premises.
Not only do they reduce the risk of theft, but they also help with accounting and inventory management. By helping them track the movement of money, RFID chips can hone in on problem gamblers or those who are consistently betting large sums of money.
Additionally, RFID chips are an important part of the gambling industry because they can track every activity happening in the establishment. The information stored can be used to see how many times someone has played, when they play, and how much they’ve won. Management can utilize the data to determine an optimized placement of the table games and slot machines on the betting floor.
USING A NETWORK DATABASE ACROSS MULTIPLE CASINOS
When a casino runs a search, they’re accessing a collective database that lists all past cheaters. This database is updated in real-time. Once someone was caught cheating, they’re added to a growing casino blacklist.
This database is a smart enough system to update the data encrypted to allow security protocols to update. It is good for the casino because it increases the player’s odds of getting caught and banned from playing there.
Casinos use a type of database called CARDS to keep track of all the cheats that have been documented in the casino. This way, people can’t cheat by using old tricks, but it also can help identify new cheats and tricks that cheaters might come up with.
AI-powered security systems are the future of cheating detection. This smart-recording database ensures that the casino owners are protected against every eventuality.
What happens when a dealer sees someone cheating?
If a dealer spots a person cheating, the person may be convicted and receive one to six years in prison or get a fine of up to $10,000. Also, they will need to pay the casino restitution.
How can ex-cheats help casinos catch cheaters?
Ex-cheaters act as consultants by providing insider information about how cheaters operate. These people have the skills and knowledge of what it takes to beat the system.
Can AI systems help catch cheaters?
AI systems are good at identifying behavior patterns that are difficult to spot This system is designed to flag suspicious individuals who are doing unusual behaviors such as betting in a specific pattern.
Are RFID casino chips used for catching cheaters only?
Casino owners can use RFID chips to find VIP players or big spenders and reward them with comps. They can also be used for tracking money flow, inventory management, and more.
How can a network casino database help casinos catch cheaters?
A network casino database is essential to prevent repeat casino cheating by providing a detailed list of criminals and their records. It also enables casinos to detect fraud without having to do manual checks on each player.