The minimum and maximum amounts a player can wager in a casino game. These limits are set by casinos to manage their risk exposure and optimise revenue.
Table limits help casinos manage their risk by preventing large, unpredictable losses. For instance, a high-stakes bet could lead to significant financial losses if the player wins, so casinos set maximum limits to mitigate this risk.
By setting minimum bets, casinos can ensure that they generate sufficient revenue from each table. Higher minimum bets are often used for games with a lower house edge, like baccarat, to maintain profitability.
Casinos use table limits to target specific types of players. Higher minimums can deter casual players, creating an exclusive atmosphere, while lower limits attract more players and increase overall activity..
There are several types of limits, but the most common ones are Minimum Bet, Maximum Bet, and No-Limit table. A Minimum Bet is the lowest amount a player can wager on a table. This is often adjusted based on the time of day and the number of players to keep tables filled.
A Maximum Bet is the highest amount a player can wager. This limit varies significantly between casinos, with major casinos offering higher maximums to attract high rollers. Finally, No-Limit Tables allow players to bet as much as they wish, though this is more common in poker tournaments where bets are limited by the player’s available chips.
