$200,000 roulette bet

[Strangelove]

You guys are going to be a lot more knowledgeable on this than I am, so I'm wondering if I could ask for your advice.

I'm a U.S. citizen. I'd like to put down two stacks of $100k each on two of three roulette dozens. Can't find a casino in Vegas that will take that scale and type of bet, and then there's UIGEA. I'm not desperate and it's not my life savings or anything, just a legit bet that I'm looking to make with a reputable casino without reapplying for my lapsed passport and flying my butt to Monaco.

Where can I do this if not online?

 

[IanO]

Ummm... I have to ask, why?

The dozens... unless I missed a memo... pay out at 2:1. Therefore the best you can do is get your money back. If it lands in the third dozen, or on 0/00 you lose the lot. It's early morning and the coffee is still kicking in but this kind of thing belongs in Sparta, no?

Edit: forgot to say.... Welcome to Meisterland Love the avatar.

 

[mattsgame]

You guys are going to be a lot more knowledgeable on this than I am, so I'm wondering if I could ask for your advice.

I'm a U.S. citizen. I'd like to put down two stacks of $100k each on two of three roulette dozens. Can't find a casino in Vegas that will take that scale and type of bet, and then there's UIGEA. I'm not desperate and it's not my life savings or anything, just a legit bet that I'm looking to make with a reputable casino without reapplying for my lapsed passport and flying my butt to Monaco.

Where can I do this if not online?

I am not too sure if you would find an online casino with such limits, surely land based casino are able to accommodate such bets? highroller or vip lounge etc?

 

[Redbet-Andy]

He'd win 300k
He gets his stake back, I'm sure - unless my coffee is decaffeinated..

Still got to be a better way to play 200k.

Ummm... I have to ask, why?

The dozens... unless I missed a memo... pay out at 2:1. Therefore the best you can do is get your money back. If it lands in the third dozen, or on 0/00 you lose the lot. It's early morning and the coffee is still kicking in but this kind of thing belongs in Sparta, no?

Edit: forgot to say.... Welcome to Meisterland Love the avatar.

 

[P.V.]

You guys are going to be a lot more knowledgeable on this than I am, so I'm wondering if I could ask for your advice.

I'm a U.S. citizen. I'd like to put down two stacks of $100k each on two of three roulette dozens. Can't find a casino in Vegas that will take that scale and type of bet, and then there's UIGEA. I'm not desperate and it's not my life savings or anything, just a legit bet that I'm looking to make with a reputable casino without reapplying for my lapsed passport and flying my butt to Monaco.

Where can I do this if not online?

Not gonna happen.

 

[Nate]

Coming out of the US it won't be easy - Even if a Casino increases your limits

There is too much of hassle getting paid and if you do manage to make a sizeable profit, winnings will not be easily transferred.

Nate

 

[JackTenOff]

I think william hill probably has the highest limits (for a reputable casino), I know the blackjack goes up to 20k/hand so roulette should be similar.
why wouldn't a vegas casino take your bet? surely they get bets similar to that all the time. A 200k bet on roulette is worth around $6k to them (assuming a 97& payout)

 

[IanO]

He'd win 300k
He gets his stake back, I'm sure - unless my coffee is decaffeinated...

D'oh... I think mine must be!! Better go brew a fresh pot and add a sack of sugar.

Agreed though... still a crazy bet, but that said I've seen crazier.

I bet cool cat would take the wager... have you asked them?

(This is a JOKE... do NOT place the bet there!! )

 

[Balthazar]

I'd never put that kind of money on one bet in an online casino. I mean ANY online casino, as honest as some of them are. Too many things can go wrong.

Also, I'm not sure what's the motivation behind it but betting 200k on roulette isn't the smartest thing to do.

 

[P.V.]

Got to love first posts, they're probably 12.

 

[JackTenOff]

He'd win 300k
He gets his stake back, I'm sure - unless my coffee is decaffeinated..

Still got to be a better way to play 200k.

Surely he would win 200k, unless rebet pays out 2.5/1 on even bets

 

[Balthazar]

edit: it's early in the morning.....

 

[Redbet-Andy]

Eh?
Surely he'd either lose it all, or he'd win 100k - for a 300k total "win"?
Are we all a bit mad today?
Wibble Wibble.

 

[P.V.]

edit: I need coffee too

He'd win 200k indeed.

He's not gonna win a dime, mom said go to bed, get off the Internet!

 

[Balthazar]

Eh?
Surely he'd either lose it all, or he'd win 100k - for a 300k total "win"?
Are we all a bit mad today?
Wibble Wibble.

If he wins: 200k at risk, 300k back, 100k win
You're right, I'm going back to bed.

 

[Redbet-Andy]

You're right, I'm going back to bed.

And I'm going to the pub. Good day to you all.

 

[Nifty29]

What surprises me most is that Vegas casinos won't take the action.

Maybe it was because he told them he could only come down during school holidays.....

Don't you just love how some love to brag about how the "money doesn't matter"

Why not just put 200k on red or black?

 

[Balthazar]

Why not just put 200k on red or black?

Roughly 47% chance to get 200% back vs. his "system" which gives 63% chance to get 150% back. Same house edge but different risk/reward.

 

[JackTenOff]

Eh?
Surely he'd either lose it all, or he'd win 100k - for a 300k total "win"?
Are we all a bit mad today?
Wibble Wibble.

I misread the first post and thought he was sticking it all on red or black

Think I do need the coffee

 

[BingoT]

Send me the money & I will bet what you want on a roulette table at Foxwoods or The Mohegan Sun Casino.

 

[baldidiot]

Surely there will be a casino in vegas that'll take this bet - just not on the regular floor. You might need to contact a VIP host to set it up.

There was a TV show about a guy who sold everything he owned and went to vegas to bet it on red/black - that was nearly $200k.

 

[Mallorca]

Send me the money & I will bet what you want on a roulette table at Foxwoods or The Mohegan Sun Casino.

You TOM...? You`ll take the money and run...!!

 

[Osloking]

reminds me of this guy

 

[BingoT]

You TOM...? You`ll take the money and run...!!

And your my best friend lol
No I would only take 10% to buy gifts for the kids that have nothing in this World we live.

 

[ace4suited]

All I would add is that I would recommend you play the most beneficial rules possible this would be "French Roulette" where there is a single zero and no double zero and where you can play either the la partage or en prison rules; an even-odds stake loses if zero is rolled. According to Wikipedia in Las Vegas those that do include these variants include The Bellagio, MGM Grand, The Mirage, The Rio and The Wynn.

Basically this straight off improves your chances of winning by approx 1.5 points on the wheel. I am very much a small roller so I cannot say what will and wont work but would strongly recommend phoning/ writing in advance to be safe.

 

[Mousey]

You guys are going to be a lot more knowledgeable on this than I am, so I'm wondering if I could ask for your advice.

I'm a U.S. citizen. I'd like to put down two stacks of $100k each on two of three roulette dozens. Can't find a casino in Vegas that will take that scale and type of bet, and then there's UIGEA. I'm not desperate and it's not my life savings or anything, just a legit bet that I'm looking to make with a reputable casino without reapplying for my lapsed passport and flying my butt to Monaco.

Where can I do this if not online?

You're USA? Forget online. Online, there would be allllllll sorts of red flags going out to all the major law enforcement agencies if you tried to move that much money out of country. Plus... Most casinos have max cashout allowances, certainly more (I hope) for whales than for us peons (limits hover around $4k per week if I remember correctly)... and they won't be paying interest on the money held for months. Then there's that nasty UIGEA and the DOJ which can put major kinks in even modest withdrawals....

Land based? Try the Belagio or Venetian high limit lounge. Phone a host before you go.

 

[The Dude]

reminds me of this guy...

Not to derail the thread at all, but that was an excellent video. I watched all seven segments. Gives you a little insight on some of the high rollers in Vegas.

 

[LaHutti]

D'oh... I think mine must be!! Better go brew a fresh pot and add a sack of sugar.

Agreed though... still a crazy bet, but that said I've seen crazier.

I bet cool cat would take the wager... have you asked them?
(This is a JOKE... do NOT place the bet there!! )

Now THAT is funny !

 

[michielm1]

first of... how do u want to deposit online? and without fees withdraw?
and from 'white' money you're gonna make chance game money? in holland thats 29% tax
and wtf @ 1 bet??

**max withdraw 5000 a week ** lmfao

and lol @ serious comments
TROLLLLLLLL

 

[anniemac]

Thought the Horseshoe advertised taking any and all bets?

 

[Cogge]

What surprises me most is that Vegas casinos won't take the action.

I'm equally puzzled.

All I would add is that I would recommend you play the most beneficial rules possible this would be "French Roulette" where there is a single zero and no double zero and where you can play either the la partage or en prison rules; an even-odds stake loses if zero is rolled. According to Wikipedia in Las Vegas those that do include these variants include The Bellagio, MGM Grand, The Mirage, The Rio and The Wynn.

Basically this straight off improves your chances of winning by approx 1.5 points on the wheel. I am very much a small roller so I cannot say what will and wont work but would strongly recommend phoning/ writing in advance to be safe.

Indeed, I'm surprised that so many play / calculate their odds by American Roulette. I mean, most casinos (online at least, never been to Vegas) have european, or even French roulette with the La Partage rule as you mention. So given the choice of either playing with one zero and half stake back when hitting the zero (1.35% house edge) or two zeros and no stake back (5.2% house edge), I find it peculiar that so many still play American style.

(A casino which uses the "en prison" rule, where you can't remove your stake after a 0, would have an edge of 2.02%)

 

[Simmo!]

There was a TV show about a guy who sold everything he owned and went to vegas to bet it on red/black - that was nearly $200k.

Even in that, he struggled to find a casino that would take the bet. The casino he first lined up then changed their minds if I remember right. In the end, only one Vegas casino would take the bet and even then they insisted it had to be a Double Zero table.

I don't quite get why that would be such a problem either but it was

Regards the OP, as a US citizen you've no chance of getting a straight bet online until the laws change. Any casino that took your bet right now I wouldn't trust as far as I cold throw them. Plus all the ones currently taking US players have < 4k a week max cashout limits so even if you did win, and even if they were trustworthy, you'd still have to wait a year and more for your winnings LOL.

 

[JackTenOff]

Even in that, he struggled to find a casino that would take the bet. The casino he first lined up then changed their minds if I remember right. In the end, only one Vegas casino would take the bet and even then they insisted it had to be a Double Zero table.

I don't quite get why that would be such a problem either but it was

Regards the OP, as a US citizen you've no chance of getting a straight bet online until the laws change. Any casino that took your bet right now I wouldn't trust as far as I cold throw them. Plus all the ones currently taking US players have < 4k a week max cashout limits so even if you did win, and even if they were trustworthy, you'd still have to wait a year and more for your winnings LOL.

I think casinos would prefer lots of small bets to slowly drain you of your balance, rather than having a player 'hit and run' for what could potentially be a large amount of money.
Either way I find it hard to believe vegas casinos wouldn't take such a bet

 

[Vegasbum]

Benny Binion would have taken this bet IF he were still alive.

I am pretty sure no Vegas casino would take this bet because he has a more than 50/50 chance of winning. If he were to bet on either say red or black there would be a few casinos that would take the action. However he has a higher than 60% chance of winning so odds are not in casinos favour.

 

[Strangelove]

Very true, nevertheless the EV for me is still negative, so any well capitalized casino truly in the gambling business would see profit in the positive EV choice to take the bet.

I'm thinking perhaps overseas?

 

[Strangelove]

By the way folks, thanks for the advice about online casinos. I have to say I had the feeling putting that amount down with some amorphous online entity was a bad idea, but I've only ever gambled in physical casinos, so I couldn't say for sure and needed the advice.

I'm sure this will get derided and or laughed at, but just let me say that if anyone can lead me in the right direction of a place (overseas or domestic) where I can end up making this bet, and I win, my word of honor I'll be happy to push a few hundred $ in bitcoin their way.

 

[Nifty29]

Very true, nevertheless the EV for me is still negative, so any well capitalized casino truly in the gambling business would see profit in the positive EV choice to take the bet.

I'm thinking perhaps overseas?

So why make the bet?

Unless you are looking for a "laundrette".

 

[Simmo!]

By the way folks, thanks for the advice about online casinos. I have to say I had the feeling putting that amount down with some amorphous online entity was a bad idea, but I've only ever gambled in physical casinos, so I couldn't say for sure and needed the advice.

I'm sure this will get derided and or laughed at, but just let me say that if anyone can lead me in the right direction of a place (overseas or domestic) where I can end up making this bet, and I win, my word of honor I'll be happy to push a few hundred $ in bitcoin their way.

I'm intrigued as to why you'd want to go to all that trouble just for one large bet on roulette.

 

[Strangelove]

I'm intrigued as to why you'd want to go to all that trouble just for one large bet on roulette.

No trouble. Just looking to have fun. And attempting to launder money with any use of U.S. financial networks, casinos included, will get you caught, so no, I'm not trying to launder money. I just want to make a big roulette bet. Haven't made one this big before.

Anyway, it was easier to arrange than I thought. Tropicana in Atlantic City will take it. I might want to pair it with a BCSCG bet though, so I'm still looking at Vegas.

 

[GrandMaster]

Even in that, he struggled to find a casino that would take the bet. The casino he first lined up then changed their minds if I remember right. In the end, only one Vegas casino would take the bet and even then they insisted it had to be a Double Zero table.

He negotiated a special deal that if the ball landed on double 0, it would be disregarded and he would be able to bet again. And he only bet $136,000.

 

[HIGHIQ]

i think u can at william hill .. i suggest u contact them... they have a roulette table WH SALLE PRIVEE limit of it is 1-500.000..

i have not try out to make that bet yet ... lol one way to find out for u lol