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Casino Bet Limits Increase July 1

June 30, 2012, 10:15 PM by Lindsey Branwall

Casino Bet Limits Increase July 1

At midnight, July 1, the bet limits for Indian casinos change, and higher stakes could lead to bigger opportunities.

"We have $500 chips on order," Royal River Casino Table Games Director Larry Williams said.

With new chips in play, South Dakota gamblers can now put ten times more on the table.

Under the new law the betting limit will change from  $100 to $1,000.

And that's something players are eager to bet.

"As of July 1 they're raising the bet limits, and people are pretty excited about it," blackjack dealer Trish Mette said.

Mette has run into a lot of card sharks who want to bet more.

"Our high rollers, they like to bet as much as $500 a hand," Mette said.

While the bets may increase, Royal River Casino in Flandreau isn't planning for a large rise in revenue.

"Along with the bigger bets, you have bigger winners," Williams said.

But the casino is happy to be an option for high rollers.

"There's a lot of players around that go to other places where they can play no-limit poker," Williams said.

The increase also opens up other opportunities. South Dakota casinos can now look into hosting something as large as world poker tournaments.

"Players for those kinds of tournaments, if they play a live game, they'd laugh at a $100 bet limit," Williams said.

But there's no joke about what the new stakes will raise.

"If you get at least a $1000 limit you're going to attract more people," Williams said.

The law allows for a $1,000 bet for any wager, meaning blackjack and the pots for poker will go up.

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