Table minimum and bet payouts question
Is this always true? What about odds bets? Say I was at a $10 minimum table and I have $10 on the don't and the point is 4. Can I lay $10 odds on my don't bet paying me $5 or must I bet a minimum of $20 to pay me the table minimum on the odds?
I typically play at $3 and $5 tables so this kind of thing hasn't often come up in my experience.
Quote: helpmespockMy understanding is that your payout on whatever you've bet must exceed the posted table minimum. I've only ran into this situation once where I was trying to make a $6 bet on place 8, but the table minimum was $10 so I had to bet $12 instead.
Is this always true? What about odds bets? Say I was at a $10 minimum table and I have $10 on the don't and the point is 4. Can I lay $10 odds on my don't bet paying me $5 or must I bet a minimum of $20 to pay me the table minimum on the odds?
Most of the main bets must meet table minimums, including Pass/Don't Pass, Come/Don't Come, Field and Place/Lay bets and Buy bets. Bets in the center can be any amount, since the HE is higher.
Odds bets can be made for any amount; in fact, the casino wants you take less on the odds since there is no HE.
Quote: helpmespockSay I was at a $10 minimum table and I have $10 on the don't and the point is 4. Can I lay $10 odds on my don't bet paying me $5 or must I bet a minimum of $20 to pay me the table minimum on the odds?
The only places I have encountered this illogical -- and unwritten -- policy or rule are Caesars Entertainment casinos in Las Vegas. Nowhere else.
Quote: SanchoPanza
Quote: helpmespock
Say I was at a $10 minimum table and I have $10 on the don't and the point is 4. Can I lay $10 odds on my don't bet paying me $5 or must I bet a minimum of $20 to pay me the table minimum on the odds?
The only places I have encountered this illogical -- and unwritten -- policy or rule are Caesars Entertainment casinos in Las Vegas. Nowhere else.
Come to think of it, I have seen this enforced at one of my local Indian casinos.
Quote: AcesAndEightsCome to think of it, I have seen this enforced at one of my local Indian casinos.
Has anyone there been able to explain the rationale? Nobody, including some quite articulate types, at the CE casinos in Las Vegas has been able to do that.
Quote: SanchoPanzaHas anyone there been able to explain the rationale? Nobody, including some quite articulate types, at the CE casinos in Las Vegas has been able to do that.
I think the answer is that all those bets can be made independently of one another. As a result, each one would have to be at least the table minimum in order to qualify.
The thing I don't get is... I see casinos enforce this, yet they allow a non-betting person $1 action in the middle. That's where the double standard comes into play.
Quote: TiltpoulI think the answer is that all those bets can be made independently of one another. As a result, each one would have to be at least the table minimum in order to qualify.
The thing I don't get is... I see casinos enforce this, yet they allow a non-betting person $1 action in the middle. That's where the double standard comes into play.
I think you missed the question - if I have minimum bet on the don't pass, the casinos in question (not many, but extant) enforce that you must lay odds such that the payoff is the table minimum (these are of course not independent bets). So I play the DP for $5 and the point is a 4 or 10, now I have to lay odds for at least $10. I've seen it the same way on the pass line (odds at least at table min). Pretty silly rule to enforce since it's a 0% EV bet for both sides.
Quote: AcesAndEightsI think you missed the question - if I have minimum bet on the don't pass, the casinos in question (not many, but extant) enforce that you must lay odds such that the payoff is the table minimum (these are of course not independent bets). So I play the DP for $5 and the point is a 4 or 10, now I have to lay odds for at least $10. I've seen it the same way on the pass line (odds at least at table min). Pretty silly rule to enforce since it's a 0% EV bet for both sides.
Well, in the case you are talking about (laying odds on the 4-10), you pretty much HAVE to put $10, but you could put $8 or $6 or $4 or I guess $2. I've never played at a casino where the odds bets must meet a table minimum.
I think the OP wanted to know why you can't play $6 on a 6 and $6 on an 8 since the TOTAL is over the table minimum. It's kind of like roulette, where the minimum on the outside must be met for EACH bet, but the total of all bets on the inside must be the table min.
Quote: TiltpoulWell, in the case you are talking about (laying odds on the 4-10), you pretty much HAVE to put $10, but you could put $8 or $6 or $4 or I guess $2. I've never played at a casino where the odds bets must meet a table minimum.
I think the OP wanted to know why you can't play $6 on a 6 and $6 on an 8 since the TOTAL is over the table minimum. It's kind of like roulette, where the minimum on the outside must be met for EACH bet, but the total of all bets on the inside must be the table min.
Actually I didn't so much care about the place 6 and 8 bets it's just where I first encountered the minimum bet payout rule.
I was more interested in how the rule affected odds bets for pass or don't pass and I think I have my answer -- most casinos don't care because it's a no house edge bet, but some places do enforce the minimum payout. So the up-shot is I'll ask before I make a bet.
Thanks for the replies folks.
Quote: helpmespockI'll ask before I make a bet.
Don't worry. If you try to lay odds below their minimum, the dealer will let you know. If not, the dealer is definitely sub-par.
