What is a ‘Minimum Bet’?
A ‘minimum bet’ is the lowest possible value at which a wager can be made. Many casino table games will have a minimum bet, which along with the maximum bet forms the ‘table limit’. Not all games have an upper limit but most will have a minimum bet amount. Casinos usually offer the same game across several different tables, each with its own minimum bet, to create a variety of play levels for gamblers with different budgets and goals.
‘Minimum Bet’ Explained
Most games which include some element of wagering will have a ‘minimum bet’ level which players must stick to. This is the lowest amount which can be placed on any single bet. Table games, slot games and even sports bets usually have a minimum bet rate, sometimes accompanied by a maximum bet amount. Together, these two values set the table limit – the range in which all bet values must fall. Players can only make bets that fall between the table limit range, and this also caps the amount that can be won from any one game in a single play.
The casino usually offers a number of games with different minimum bet levels. This ensures that there are table games to suit every player, and that players can choose stakes they are comfortable with. The minimum bet in a lot of casinos is the value of the lowest chip available – usually 50p or £1. This is the smallest amount a player can put into the pot, or place on a number in craps or roulette. There will be games which have a far higher minimum limit, for example a £500 minimum, which keeps certain games exclusive to the high rollers. Baccarat is an example of a game which has a very high starting limit for bets.