The table limit is the minimum and maximum bet that a gambler can make at a gaming table. It is🍉 a form of yield management in that the limits can be changed to optimize the profit from a gaming table.🍉 Gaming tables have a limited resource to sell: the seats used by the players.
Minimum table limits [ edit ]
Table limits🍉 can also be used to manage, in a limited manner, who plays at tables. A casino that wants to project🍉 a more exclusive image can set the limits higher so that the casual player walking through would not be as🍉 likely to sit down and play. Also games with a lower house edge often have a higher minimum bet. Baccarat🍉 almost always has a high minimum bet since the house edge is relatively low. Often a casino will advertise a🍉 low minimum game as a teaser, a sign might readR$2 blackjack 24 hours a day. However, theR$2 minimum game might🍉 be available at only one table and the payout might be 6:5 for a blackjack.
Historically the attitude has changed about🍉 table limits. In the early 1990s in downtown Vegas, quarter minimum bets were common. The low minimums created a general🍉 excitement in the casinos as hundreds of people would jostle to play table games. However, casinos floors generally had twice🍉 as many employees as they do today. It also made it much easier to introduce new gamblers to table games.🍉 Most casinos today would prefer that the low rollers play slot machines which do not require as much oversight.
Normally the🍉 limits are set to optimize the return from the seats. Since all table games give the house an advantage, the🍉 larger the bets, the larger the house's profit, so the house needs to manage the minimum bets to keep the🍉 seats full. This usually results in a low limit early in the day when there are fewer players with the🍉 limits increasing as more players become available.[original research?]
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