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A person's MARKERS are called just that: MARKERS. However, in legal terms a marker is treated and in many states considered a personal check and state regulations on the passing of bad checks applies. When you take out a "Marker" they write it up on a short form and then have you sign it. The paper you sign is just like you pulled out a personal check from your checkbook, signed it and gave it to them. Your signature insures that it is treated as a check. In the accounting system of a casino, a marker is one of many "documents" that a person can have associated with credit transactions. Other documents include repayment of a marker "PAYMENT", or start with money in the account (a FRONT MONEY document) or other forms of credit or payment. Usually, all markers must be settled before you leave the casino, but many casinos will allow you time to repay your marker, depending on your customer status with that casino. However, because a marker is treated like a personal check, if you fail to repay your marker in a timely fashion, you can be liable for up to 3X the face value of the marker. In some states like Nevada, the marker is treated like a check, and passing a "bad check" or not settling up on your marker is considered and treated as a FELONY.
What else can I help you with?
Why are markers called magic markers?
I believe that marker are called magic markers because when you smell them for awhile you start to fly and that is pretty magical if you ask me!!!
What is the name for floating markers in the ocean?
Floating markers in the ocean are called buoys.
What is a floating marker called?
Floating Markers are called Magical Markers because they serve as a "MARK" OF COURSE where you can have a free gloat
What is an informal bid called?
Gambling I think ?
Is there a statute of limitations on gambling markers?
Unpaid gambling makers become debt by the casino and prosecuting District Attorney. Under the law, a debtor needs to be notified before any type of collections starts. Check with your state to find out the time limit on debt collection.
Investing in the stock market could be called?
gambling
In their experiments Hershey and Chase put special atoms called what into the DNA and protein of viruses?
Markers-Nova Net
What is it called a chance a person takes without knowing what the outcome will be?
It is called gambling.
What are cribbage markers called?
PEGS
What company makes copic markers?
A Japanese company called Too.
What is it called when you play games of chance for money?
gambling, pretty much
What is casino tax?
It is a tax imposed on gambling establishments. Most states that have gambling establishments (sometimes called "casinos") impose some sort of tax on them.
