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What is the minimum and maximum bet you can make in Vegas Sportsbooks?

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09-22-2010 , 04:11 AM

Victory1

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Join Date: Jun 2010 Posts: 390

I know there are many sportsbooks at Vegas but i wanted to know what is the minimum and maximum wagers? I know it depends on the sport but i know NFL games definitely they take bigger bets. What is the minimum they take ? I normally bet a couple of hundred per game in sportsbooks online.

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09-22-2010 , 05:39 AM

beermankirk

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Join Date: Jan 2007 Posts: 1,393

bout three fiddy?

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09-22-2010 , 06:06 AM

JayLV

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Join Date: Mar 2010 Posts: 1,612

There's no maximum, and a minimum is probably $5

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09-22-2010 , 06:49 AM

lolmitHE

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Join Date: Jan 2009 Posts: 2,952

There most certainly is a maximum. Depends on the sport. Can be as low as 500 for stuff like wnba. If you're a high rolling pit player you can get more than the stated max on mainstream football and basketball. If you're a hotel guest you can get more at some places. For instance venetian max on reg season baseball is to win 1k. But you can get more if you're staying there.

5 bucks at most strip places for minimum. I think there are parlay cards where you can bet 2 bucks. 2 bucks on horses.

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09-22-2010 , 10:42 AM

Lattimer

I is smart

Join Date: Feb 2009 Posts: 15,463

Plus you can get around the max by betting at multiple sportsbooks.

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09-22-2010 , 11:15 AM

Howdoiplayxx

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Join Date: May 2008 Posts: 2,914

Quote:

Originally Posted by JayLV

There's no maximum, and a minimum is probably $5

100% wrong

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Originally Posted by lolmitHE

100% right

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09-22-2010 , 03:28 PM

madlex

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Join Date: Jan 2009 Posts: 17,407

Quote:

Originally Posted by JayLV

There's no maximum, and a minimum is probably $5

There's def. a maximum that's bellow the amount it prolly takes to fix the game. No matter where you're trying to place the bet, sportsbook or online.

I would highly doubt that's over 100k for something like a Double-A game.

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09-22-2010 , 03:55 PM

calm

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Join Date: Jul 2006 Posts: 2,087

Quote:

Originally Posted by madlex

wat

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09-22-2010 , 05:11 PM

Howdoiplayxx

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Join Date: May 2008 Posts: 2,914

Quote:

Originally Posted by madlex

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09-22-2010 , 10:53 PM

#10

medonkyou

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Join Date: Feb 2010 Posts: 1,206

Quote:

Originally Posted by madlex

madlex ftw

wait, wat?

side note... Ivey has bet ~1mm on the last couple championships. I think ivey is a special case though...

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09-22-2010 , 11:05 PM

#11

vegasskip

journeyman

Join Date: Aug 2007 Posts: 233

Quote:

Originally Posted by medonkyou

madlex ftw

wait, wat?

side note... Ivey has bet ~1mm on the last couple championships. I think ivey is a special case though...

The average Joe walking in cold could never bet that much. For PR purposes casinos will make special deals for certain clients...but I would imagine they lower the line on those bets. In the "old" days books would give rebates to big players but I think that was outlawed.

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09-23-2010 , 03:25 AM

#12

ImStillBen

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Join Date: Feb 2007 Posts: 1,790

Quote:

Originally Posted by Howdoiplayxx

100% right

No, not even close to 100% right. Venetian certainly takes more on MLB than to win $1000 from unrated non-guests. He implies any book will take at least $500 on anything which is patently false.

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09-23-2010 , 12:24 PM

#13

callipygian

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Join Date: Mar 2009 Posts: 19,880

I'm guessing that the maximum varies by the odds on the bet. The maximum bet for a 1:1 payout is going to be very different than the maximum bet for a 100:1 payout.

As a similar example, check out the payout maxima on roulette tables. There's different maximum bets for inside (up to 35:1) and outside bets (up to 2:1).

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09-23-2010 , 12:59 PM

#14

pokerbobo

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Join Date: Mar 2007 Posts: 14,432

Quote:

Originally Posted by Victory1

I know there are many sportsbooks at Vegas but i wanted to know what is the minimum and maximum wagers? I know it depends on the sport but i know NFL games definitely they take bigger bets. What is the minimum they take ? I normally bet a couple of hundred per game in sportsbooks online.

If you are betting a couple hundo per game you will have no problems at any of the big casinos.... I would guess you can put a couple dimes down on any 10% juice game with no problems..... when you get up to the 10k area, they might need to get it approved, maybe push your line by a 1/2 point.

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09-23-2010 , 10:46 PM

#15

kslghost

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Join Date: Aug 2004 Posts: 2,153

I spoke to a pit boss at the Wynn about maximum bets in general. 100k at table games is generally the maximum. Then he said there have been well over 1 million dollar bets in the sports book, but only on certain games (I assume the super bowl is a prime example - oh and some soccer games).

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09-23-2010 , 11:45 PM

#16

salesbeast

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Join Date: Aug 2007 Posts: 5,308

Quote:

Originally Posted by JayLV

There's no maximum, and a minimum is probably $5

There is if the casinos can't share the action...@ Hollyfield vs Tyson 1 I witnessed a convo with a L.A car dealer that wanted to place $2 mill on Hollyfield...they denied him he then requested a million which they accepted.

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09-24-2010 , 12:57 AM

#17

JayLV

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Join Date: Mar 2010 Posts: 1,612

Quote:

Originally Posted by salesbeast

For all real intents and purposes, there's no max bet.

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09-24-2010 , 01:06 AM

#18

Halfpoint

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Join Date: Jul 2007 Posts: 1,401

For all of you who say there's no max....I think its 20-30k for nfl. I know for sure college basketball is $10k max at mgm. Only special players can bet more than that.

Thats just silly to say there is no max.

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09-24-2010 , 03:04 AM

#19

bav

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http://wizardofodds.com/askthewizard/sports.html isn't terribly authoritative about his answer, but has a list. But I know someone who bumps into the MLB limits from time to time, having to put bets at multiple books sometimes to accomplish his goal. Must be the limits on total points that he said most get in his way. When you're paying the vig and hoping to eek out a few percent profit from each bet, a $2000 or $10000 limit isn't really huge.

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09-24-2010 , 03:40 AM

#20

ImStillBen

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Join Date: Feb 2007 Posts: 1,790

Quote:

Originally Posted by bav

Not many places will take $2K on an MLB total. Even fewer will take $10K on a side.

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09-24-2010 , 03:42 AM

#21

ImStillBen

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Join Date: Feb 2007 Posts: 1,790

Quote:

Originally Posted by JayLV

For all real intents and purposes, there's no max bet.

I wish you'd written "intensive purposes" just to get people really tilted.

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09-24-2010 , 04:28 AM

#22

needsumthin

self-banned

Join Date: Oct 2009 Posts: 1,318

Quote:

Originally Posted by ImStillBen

I wish you'd written "intensive purposes" just to get people really tilted.

i always thought thats what people were saying when i heard someone saying it in face to face convos...actually pretty sure some ppl say it like that

[X]enlightened by 2+2

why did i go to college?

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09-24-2010 , 07:25 AM

#23

JayLV

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Join Date: Mar 2010 Posts: 1,612

Quote:

Originally Posted by ImStillBen

I wish you'd written "intensive purposes" just to get people really tilted.

I thought about it.

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