RE: [vpFREE] Re: XVP --- Legal Questions Sought

 


Can the Casino not pay out the full advertized payout on a Table Game when a player is betting the minimum bet?

Would the answer change if they allowed you to bet $1 to $25 on the Side Bet  VS. The casino required you to bet a minimum of $5.00 on the Bad Beat Side Bet?

(I'm sure this has come up on other table games before too, where the casino tried to duck liability based on an aggregate payout per hand.  i.e. Pai Gow, Mississipi Stud)  I've seen some Aggregate Payouts per Table, and others Per Player on and individual hand.



this one may or may not make the cut. Whether it does or doesn't, I thank each of the people who have submitted possible questions.



My personal opinion is that so long as there is a clear sign posted limiting the payout to $xxxxx, the casino can enforce that limit.


Many tables have different minimums and maximums at various times. At really slow times it might be possible to bet $1 or $2 on these side bets. At really busy times, there could conceivably be a $10 or bigger minimum. A sign stating the maximum payout would presumably be a constant fixture whatever the table minimum is.


I'm making up these numbers, but such a sign could easily change the return on the side bet from, say, a  6% house edge to 6.4%. (obviously this varies by game, by side bet, and what the maximum payout limit is). These limits could well make a difference in whether a player made the bet --- or in some cases (not this one) how he played a particular hand.



Anyway, that's just my two cents. Richard and I are voting on which questions to ask in which order. And the lawyers will be given a head's up on the questions so their answers don't have to be "off the cuff" and they will have the right to veto any question.



Although we have "enough" questions, there is always room for more good ones.

Bob

 

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Posted by: Bob Dancer <bobdancervp@hotmail.com>
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