thefish2010
thefish2010
Joined: Dec 24, 2009
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February 23rd, 2012 at 2:56:49 PM permalink
Quote: teddys

For what it's worth, I was in Caesars Windsor this weekend and their posted max on the main floor is $50,000, even on craps. That is higher than anything I've seen in Vegas. Keep in mind this wasn't even high limit.



As I said, I can only speak about Vegas. The highest posted max at most of the major Vegas casinos (Aria, Bellagio, Wynn, etc) for baccarat is $20k, and for other games they are lower (blackjack is $10k in high limit, and I dont play craps so I couldn't say what they are there). That's interesting that they would have such high limits in Canada.

Here are their limits at Caesars Windsor. Kind of bizarre that they allow high action on craps and only have a $15k max on baccarat.
DJTeddyBear
DJTeddyBear
Joined: Nov 2, 2009
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February 23rd, 2012 at 3:01:58 PM permalink
Many casinos will let you bet higher - with advance notice.

Hell, with enough advance notice, and the chance to get media coverage, it shouldn't be a problem at all.


As far as what to bet, I'd say one of the even money bets on roulette - but on a single zero wheel where they have the "En Prison" rule.

According to http://wizardofodds.com/games/roulette/
Quote:

Best in Nevada: The Bellegio, Mandalay Bay, MGM Grand, Mirage, Rio, and Wynn all have European roulette, with a house edge of 1.35%. Usually such wheels are in the high-limit rooms, but the MGM and Mirage also have a European wheel in the main casino at a $25 minimum.



While, personally, I prefer craps over roulette, I'd much rather have it decided by someone else, but not want to put that much pressure on another player. So Roulette it is. Another advantage it that as long as the result is not zero, you get your result in one spin. No prolonged nail-biting.
I invented a few casino games. Info: http://www.DaveMillerGaming.com/ 覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧 Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
thefish2010
thefish2010
Joined: Dec 24, 2009
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February 23rd, 2012 at 3:13:12 PM permalink
Quote: DJTeddyBear

Many casinos will let you bet higher - with advance notice.

Hell, with enough advance notice, and the chance to get media coverage, it shouldn't be a problem at all.


As far as what to bet, I'd say one of the even money bets on roulette - but on a single zero wheel where they have the "En Prison" rule.

According to http://wizardofodds.com/games/roulette/

Quote:

Best in Nevada: The Bellegio, Mandalay Bay, MGM Grand, Mirage, Rio, and Wynn all have European roulette, with a house edge of 1.35%. Usually such wheels are in the high-limit rooms, but the MGM and Mirage also have a European wheel in the main casino at a $25 minimum.



While, personally, I prefer craps over roulette, I'd much rather have it decided by someone else, but not want to put that much pressure on another player. So Roulette it is. Another advantage it that as long as the result is not zero, you get your result in one spin. No prolonged nail-biting.



Re: limits, in Vegas you won't find many places willing to go above their posted maximums unless you have at least 20 bets at that maximum that you are willing to put up as front money or that you have available on your credit line. They just won't do it unless you have a substantial bankroll. About 10 years ago, Howard Stern was trying to do a $100k one-time blackjack bet live on the radio for a woman that was struggling financially, and he had a very difficult time finding someone to take the bet. Eventually the Hard Rock agreed, but he was turned down by every major strip casino.

Roulette would be a very bad idea for a one-time bet when compared to baccarat. Again, you have a greater chance of winning the banker bet on baccarat than you have of losing. That is simply not the case with any bet on a roulette table.
sunrise089
sunrise089
Joined: Jul 12, 2010
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February 23rd, 2012 at 3:50:44 PM permalink
Wow fish, it sounds like you really know your stuff! Not only does your theory totally not fly in the face of logic and reason, and not only is it totally not called into question by the prevalence of high limit bets elsewhere, but there's TOTALLY not documented evidence of much higher one-time wagers in Vegas.

http://www.cbsnews.com/stories/2004/04/12/national/main611356.shtml

Oh wait...
FleaStiff
FleaStiff
Joined: Oct 19, 2009
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February 23rd, 2012 at 3:59:15 PM permalink
I can understand strip casinos turning down a bet involving someone who is a pauper. Its bad publicity and would just draw an endless supply of losers who would bawl if they lost and leave if they won. What would the casino gain from that?

Casinos if they know you will usually be willing to raise limits. If they only know what you've deposited at the cage, they are inclined to be a bit more restrictive.

Benny Binion ofcourse just want to see the money plunked down on the line and didn't care who you were.
thefish2010
thefish2010
Joined: Dec 24, 2009
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Thanks for this post from:
MichaelBluejay
February 23rd, 2012 at 4:12:08 PM permalink
Quote: sunrise089

Wow fish, it sounds like you really know your stuff! Not only does your theory totally not fly in the face of logic and reason, and not only is it totally not called into question by the prevalence of high limit bets elsewhere, but there's TOTALLY not documented evidence of much higher one-time wagers in Vegas.

http://www.cbsnews.com/stories/2004/04/12/national/main611356.shtml

Oh wait...



From the article you posted...."Norm Clarke, a columnist for the Las Vegas Review-Journal, reported that the bet was no sure thing. Negotiations to place the wager at the Hard Rock Hotel broke down Saturday night, and the Sky TV crew that accompanied the gambler rewrote the script to fit a new theme: "The Bet Las Vegas Wouldn't Take.""

Of course there are exceptions to every rule...some casinos that are desperate for publicity might take a single large bet if there was some promotion associated with it. That is NOT the situation the OP described. All I can tell you is, walk into any casino and try to put $100K down on any bet of your choice without a camera crew, or even with a camera crew at most places. You will almost certainly be turned down.

There are people who are allowed to play up to $300,000 per hand on Baccarat in Vegas. For their biggest customers, Bellagio has an aggregate bet limit (the sum of all bets by all players at the table on a single hand of Baccarat) of $450,000. However, you must have a credit line of at least $5 million before they will let you play at these levels. They do not simply let you walk in as unknown player with only enough money for one bet and bet those amounts. If you think so, you've watched too many episodes of Las Vegas on TNT.
98Clubs
98Clubs
Joined: Jun 3, 2010
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February 24th, 2012 at 5:31:00 PM permalink
that would be 99x behind the 1x.
If the commission doesn;t bother you Banker at Baccarat, for variance, Pai Gow Poker, for a pure one shot deal 100k on the Pass line.
Some people need to reimagine their thinking.

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