Caesars in Vegas Raises Betting Limits in Casino

ILMW · Dec 10, 2007

Caesars Raises Betting Limit To $50K

New Per-Game Limit Meets High-Roller Demand

POSTED: 8:01 am PST December 10, 2007
UPDATED: 11:16 am PST December 10, 2007

<SCRIPT src="/js/13260191/script.js" type=text/javascript></SCRIPT><LINK href="/css/13260803/style.css" type=text/css rel=stylesheet>LAS VEGAS -- Caesars Palace said it is raising its betting limits to accommodate the biggest gamblers in the world.
Starting Monday, the casino will allow players to bet up to $50,000 per hand at blackjack, and the same amount on line bets at craps.
Harrah's Entertainment, the casino's owner, said the limits are the highest in Las Vegas.
"C.P. has always been the favorite home of high rollers and we've had a lot of customer demand for higher limits," Jimmy Wike, vice president of table games, said. "So, we're giving them what they want."The new limits will allow the casino to better share customers with Harrah's London Clubs casinos in England and Cairo.
But if you're not a high roller, Harrah's Entertainment said the new hike will not affect the tables with lower limits.

TTinCO · Dec 10, 2007

Yeah, I'm sure they'll be beating the door down to drop 50k a hand on 6/5 blackjack

:lol:

VIEJODINOSAUR · Dec 10, 2007

Just wondering TTinCo....does that make him or her a square betting 50,000 on a table that only pays 6/5??

Illini · Dec 10, 2007

Finally. Now I can actually step foot in there and think about playing.

JustWin · Dec 10, 2007

Finally, I can quit flying to Cairo to play...

gbogo · Dec 10, 2007

im not sure which casino he used to play

but a large gambler I know used to bet 250 k a hand in blackjack

in vegas.

he didnt go often though.

before anyone says BS this guy is on record as having the largest currency position of any individual ever - at one time he was long 7 bio dollars fwiw.

gbogo · Dec 10, 2007

[FONT=Verdana, Arial, sans-serif] Court Overturns $164.6 million Judgment for de Kwiatkowski
 [FONT=Verdana,sans-serif] Email Print RSS [/FONT]
 by Eric Mitchell
Date Posted: September 23, 2002
Last Updated: September 23, 2002[/FONT] [FONT=Verdana, Arial, sans-serif]A federal appeals court has overturned a $164.5 million judgment that favored Calumet Farm owner Henryk de Kwiatkowski.[/FONT][FONT=Verdana, Arial, sans-serif]A verdict handed down in May 2000 ordered Bear Stearns to pay the airline leasing and sales executive as punishment for failing to notify him adequately about the risks of investing in foreign currency. De Kwiatkowski bought $6.5 billion in foreign currency futures in 1994 and lost $300 million in the deal.[/FONT]
[FONT=Verdana, Arial, sans-serif]A 55-page opinion issued Sept. 19 by the U.S. Court of Appeals for the Second Circuit, however, concluded there was insufficient evidence that Bear Stearns had been negligent, according to the Associated Press. The three-judge panel also noted that de Kwiatkowski was an experienced investor who understood the risks. According to court records, he suffered a $112 million loss in one day during December 1995.[/FONT]
[FONT=Verdana, Arial, sans-serif]During the trail, de Kwiatkowski had asserted that Bear Stearns failed to keep him apprised of market forecasts and gave negligent advice regarding the timing of his trades.[/FONT]
[FONT=Verdana, Arial, sans-serif]The Associated Press reported that several Wall Street trading groups filed briefs urging the appeals court to overturn the verdict. A brief filed by the Bond Market Association said if the verdict was upheld every disgruntled investor "will want juries to second-guess every good-faith action of financial institutions and seek reimbursement for every losing trade."[/FONT]
[FONT=Verdana, Arial, sans-serif]Myron Kirschbaum, attorney for de Kwiatkowski, could not be reached for comment. Bear Stearns did not comment on the verdict.[/FONT]

cnote · Dec 10, 2007

you know what...just to one up them I am going to offer 55K limits at my joint. take that ceasars!!! :finger:

WVU · Dec 10, 2007

VIEJO DINOSAUR said:
Just wondering TTinCo....does that make him or her a square betting 50,000 on a table that only pays 6/5??

yes square indeed when there are still tables where you can play single deck with 3/2 blackjack. It probably doesn't matter to people playing these limits though as money is no object. It would not be tough to drop a couple million in an hour at these limits.

Railbird · Dec 10, 2007

Great,

Now lets see them raise college basketball totals.

cnote · Dec 10, 2007

Railbird said:
Great,

Now lets see them raise college basketball totals.

this dickface was trying to argue that some poker pros are betting 25K-100K on college totals using edward from RAS service. Something about the texas dolly and some other guy. :nopityA:

I told him good luck getting 1k down on a total. Sucker was brainwashed :lol: