Truth Behind Minimum and Maximum Bet Limits
Sunday, April 20th, 2008Have you ever thought about the reason behind the existence of minimum and maximum bets? The truth is simple: casinos want your money. As simple as that. So they restrict your possibilities to win.
In any world casino each table, be that roulette, blackjack or poker, features signs clearly defining minimum and maximum rate of bets on a given table. A difference between them can be in 10, 30 or even in 100 times. But nowhere to you will be allowed to multiply your bets without restriction.
Please pay attention, that the very existence of maximum bet limits proves that a system, founded on bets augmentation principle, threatens the success of the casino. Take any table in regular or even on-line casino. For example the one, on which minimum bet is $25, and maximum one is $1000. Why do you think you are not allowed to bet more than $1000 at once? Do you believe they won’t have money to pay out? Or do they fear, that you will win and take your money home? But in VIP-halls of the same casino you can make a bet of $2000 or even $10000! And if you have specially requests you try negotiating with the administration to satisfy them. Most casinos have more than enough resources to meet any bet of yours.
The deal is about the correlation of maximum and minimum bets. So, in case the maximum is set at a $10000, the minimum bet will rarely be less than $250. The idea is to limit your double bets to certain number of times depending on the game. Usually you want be able to double more than 5 times. Otherwise your odd of winning become impermissible high.