Hi. I was wondering what the typical table limits and minimum bets are at roulette tables in Las Vegas casinos? I realize that there will be lots of different stakes tables but it would be interesting to know a few numbers.
The reason is this: I have been testing out a simple system with play money in one of the many online casinos and so far it has done me proud so far. I just want to know how it could pan out in practice.
Basically it is this:
The table has a minimum bet of $1 and a maximum of $200 per round if your bets are limited to the REDS and BLACKS squares. ($250 if you bet on individual numbers).
I have been betting like this:
My first bet is always $2 - either on reds or blacks - every time I loose I triple my last bet and switch to the other color. So the bets go 2,6,18,54,162 - then my winnings at each stage can be 2,4,10,28,82.
After that obviously I can either cut my losses OR try minimizing my loss by betting the full $200 (leaving me $42 in the red instead of $242).
I do realize that I am always betting against the odds but in practice this has at least proven to be a good way of racking up some good winnings before loosing out. Also I know I am probably not the first person to think of this system.
All I want to know is if I would be able to play like this for real money in Vegas or if the table limitations and/or casino policy and laws(??) would prohibit me from doing it?
Best Answer - Chosen by Voters
I have been practicing the Martingale system at home for the last week (or one of those progressive betting schemes). I've set a couple of rules for myself. First i wait intil there are two of the same color and then i start betting against that color. this will give me 5 bets before i cant tripple up anymore if the limit is $1,000 (starting with a $10 bet) and a total of 7 colors in a row. Since the odds of getting 7 or more of the same color in row are very low i would believe this will work best for a SHORT period of time. My other rule is to be disapline. Making a move with out thinking it through can cost you a lot of money and wasted time. I've even come up with a scheme that i dont know is legal but if you lose your table max bet then what you do is place the table max bet and then get your buddy to come over and put up the rest of the money to when everything back if it happend to hit that color you are betting on and then go cash out. But of course this is very risky and you have to be willing to lose a lot of money to have a chance on winning a good deal of money!!!! I find it really hard forking out all that money but i have been working hard to keep my impulses under control. But the most important rule about roulette is to set a realistic goal to reach and then get out quickly. But hey if you double up stick half in you pocket and have fun knowing that you cant lose more than you started with and if you lose all that you can look on the bright side and think of all the free drinks you got.
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