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Consilience

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Posted: Sep. 22, 2011 - 5:20 AM ET #1

Can anyone school me on who offers the biggest limits on NFL totals at some of the books in Vegas? Thinking about the M and Las Vegas Hilton... Much appreciated.

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VegasGourmet

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Posted: Sep. 22, 2011 - 1:12 PM ET #2

Your "limit bet" will depend on what you have done first to make yourself "known" to the management of the book.

All "limits" are at the discretion of the manager.....which is why everyone will give you an answer; but none will be totally correct.

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baronman

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Posted: Sep. 23, 2011 - 12:56 PM ET #3

years ago i was told limits were $350 game at hilton .but there are other windows you can go to put more bets down.or have your friend do.

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VegasGourmet

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Posted: Sep. 23, 2011 - 4:15 PM ET #4

Consilience...without you responding, I have no way to advise you what to do.

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Consilience

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Posted: Sep. 24, 2011 - 4:11 AM ET #5

Thanks for the feedback, fellas. VegasGourmet, not sure what details you need. I want to get down on some NFL totals this weekend, I'll be in Vegas, and I've heard the books have pukishly low limits. I have other outs normally but thought I might utilize the casinos for their services, a kind of 'when in Rome' experience...

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VegasGourmet

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Posted: Sep. 24, 2011 - 5:20 AM ET #6

OK.....I'll just try and guess what you want to bet...

At The M, ask for Mike Colbert...tell him that you want to start an account with 100 dimes.....you should have little trouble betting whatever you want to on NFL totals.....

At the Hilton, ask for Jay Kornegay....you should have a players card already so that the HIlton has your info.,....tell him that you would like to bet 3300 on a total...shouldn't be a problem there...might do 5500 for you if you have a host at the HIlton....

Anything less, and most places will take your bets for a fullgame total in the NFL, halftime totals do tend to be less.

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Consilience

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Posted: Sep. 24, 2011 - 6:35 AM ET #7

Thanks for the heads up, VegasGourmet.

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VegasSound

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Posted: Sep. 27, 2011 - 10:21 PM ET #8

When I bet a large amount I only deal with the Hilton. The Palms has started to give me problems and the approval process takes longer.

The manager most likely won't come over to approve your bet if it's $10k or less. If you go over that, I guarantee you the manager will come over, and will need to approve it on his own. Be sure to have a player card before going to the window and prepare to fill out tax papers while you're at it.

I've bet $15k on an over/under before at the Hilton with no problems.

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VegasGourmet

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Posted: Sep. 28, 2011 - 1:58 AM ET #9

Sound.....If you are saying that you have bet $15K on any sports bet WITHOUT a manager coming over and asking for identification then you are either not telling the truth or dealing with a manager who is looking to get fired.

...and, as I have said numerous times....TAX HAS NOTHING TO DO WITH THIS TRANSACTION....it deals with federal laws that concern money laundering. If you buy something for over $10K using cash and not a credit card, you will be asked for the same identification as the sportsbook asks for....

...and, the manager is REQUIRED BY LAW to intercede on any transaction in excess of 5K....ID is not required; but they must intercede....

Feel free to email my friend Jay Kornegay at The Hilton with your info, I'm sure that he will be thrilled to read it.

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Consilience

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Posted: Sep. 29, 2011 - 6:35 PM ET #10

The M booked 7k each on a couple totals this past weekend. No questions, no manager's approval, etc. The writer told me that wasn't even close to a limit bet for them. Not sure if they'd continue to book bigger bets from long term winners but that was my experience.

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VegasGourmet

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Posted: Sep. 29, 2011 - 9:13 PM ET #11

The difference between a "limit bet" and a bet that asks for identification is not the case here.....The writer (and supervisor) are required, by law, to ask you for identification for any bet over 5K, and you do not have to provide any identification (you may refuse)....UNTIL you get to 10K, then they cannot take your bet unless you provide identification....

I'll take a copy of your posting over to Mike Colbert and get his opinion.....should be interesting

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Consilience

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Posted: Sep. 30, 2011 - 6:41 AM ET #12

Well, good point. 7k total, 5 +2k separated bets on the same totals would certainly have a different affect according to you.

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MakeThatCasH

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Posted: Oct. 12, 2011 - 6:38 PM ET #13

Quote Originally Posted by VegasGourmet:

The difference between a "limit bet" and a bet that asks for identification is not the case here.....The writer (and supervisor) are required, by law, to ask you for identification for any bet over 5K, and you do not have to provide any identification (you may refuse)....UNTIL you get to 10K, then they cannot take your bet unless you provide identification....

I'll take a copy of your posting over to Mike Colbert and get his opinion.....should be interesting

If you were to bet 7k and to avoid being asked for identification. Would recommend splitting the bet between two books OR staying w/ same casino and having friend bet part of it for you?

Probably not much of a difference and might just be preference but would like to know what you think. Thank you.

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MakeThatCasH

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Posted: Oct. 12, 2011 - 6:39 PM ET #14

Also would this whole 5k limit thing apply to betting sides?

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broncofn

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Posted: Oct. 13, 2011 - 6:29 PM ET #15

night before this past superbowl, i was having dinner at nine steakhouse at the palms and went over to their sports book to put down a 6k bet for my buddy. they took it without a blink of an eye and no management approval period or id required, the ticket writer just said good luck and have a good evening.

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MakeThatCasH

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Posted: Oct. 13, 2011 - 7:07 PM ET #16

Quote Originally Posted by broncofn:

night before this past superbowl, i was having dinner at nine steakhouse at the palms and went over to their sports book to put down a 6k bet for my buddy. they took it without a blink of an eye and no management approval period or id required, the ticket writer just said good luck and have a good evening.

I wonder if this could be because it was a big event, the superbowl. Have you done this during a regular season nfl game and not been asked for id or anything else?

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broncofn

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Posted: Oct. 13, 2011 - 7:37 PM ET #17

makethatcash, never placed a bet that big on a game before this unless im playing black jack or baccarat and on a good run. i usually bet no more than 500 a game myself and i really have to like the game. but maybe it is because of the super bowl. but vg said that they ask for your id at 5k no matter what.

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mellow_wolf

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Posted: Oct. 27, 2011 - 6:31 PM ET #18

Was in Vegas this past weekend. The Bellagio would not take my 25k totals wager. They offered to take the 25K If I was willing to bet 12.5K on the current posted total and put the additional 12.5K at a full point lower(I was betting an under in the NFL). I said that was absolutely absurd and left. I will admit that I am not a Vegas frequent traveler, but have been there enough(with a player's card) to warrant better service(and lines) than the Bellagio was giving.

So I went next door to the Cosmopolitan and opened a new account with the sportsbook(which is run by Cantor gaming---who also run the books at the M, Palazzo, Venetian, Hard Rock, and Tropicana). Spoke to the manager at Cosmo, filled out the appropriate IRS and casino paperwork and placed the 25K totals bet. Took 15 minutes total. Simple and no hassle. He stated they had easily taken bets of 100K and were willing to separate themselves from the rest of the Vegas books with their essentially high to no limit wagering. Their lines were rather sharp compared to the lines at other casinos, but I don't know if that was just for this game or an across the board trend.

Their computerized system is modern and more efficient than all the other books. However, the Cosmo book atmosphere is sterile. I don't think I would enjoy watching a game there. I haven't done any "in-game" wagering(and don't plan to), but it certainly adds a new dimension to watching the game(and probably taking more of your money). Their newly introduced android app is supposedly going to allow wagering at any place within the geographical confines of Nevada.

For high limits totals wagering , I would certainly recommend going to a Cantor run casino sportsbook.

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VegasGourmet

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Posted: Oct. 28, 2011 - 2:15 AM ET #19

The man behind Cantor Gaming was a senior trader with the parent company, Cantor Fitzgerald.....

Cantor Gaming runs itself very similar to a top Wall St trading house.....the key is volume, not the hold.

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VegasSound

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Posted: Oct. 28, 2011 - 2:43 AM ET #20

Quote Originally Posted by VegasGourmet:

Sound.....If you are saying that you have bet $15K on any sports bet WITHOUT a manager coming over and asking for identification then you are either not telling the truth or dealing with a manager who is looking to get fired.

...and, as I have said numerous times....TAX HAS NOTHING TO DO WITH THIS TRANSACTION....it deals with federal laws that concern money laundering. If you buy something for over $10K using cash and not a credit card, you will be asked for the same identification as the sportsbook asks for....

...and, the manager is REQUIRED BY LAW to intercede on any transaction in excess of 5K....ID is not required; but they must intercede....

Feel free to email my friend Jay Kornegay at The Hilton with your info, I'm sure that he will be thrilled to read it.

You read my post wrong. If the wager exceeds 10k the manger will no question need to approve. That's what I pointed out. I've bet 10k at the Hilton plenty of time without the manger coming over to approve.

I know exactly how the tax situation works. I still mention it, so it won't throw off people when the manger does ask for ID, and ask them to sign the paperwork.

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VegasSound

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Posted: Oct. 28, 2011 - 2:50 AM ET #21

Quote Originally Posted by broncofn:

night before this past superbowl, i was having dinner at nine steakhouse at the palms and went over to their sports book to put down a 6k bet for my buddy. they took it without a blink of an eye and no management approval period or id required, the ticket writer just said good luck and have a good evening.

Did you notice if he swiped his player card?

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VegasSound

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Posted: Oct. 28, 2011 - 3:01 AM ET #22

Quote Originally Posted by mellow_wolf:

Was in Vegas this past weekend. The Bellagio would not take my 25k totals wager. They offered to take the 25K If I was willing to bet 12.5K on the current posted total and put the additional 12.5K at a full point lower(I was betting an under in the NFL). I said that was absolutely absurd and left. I will admit that I am not a Vegas frequent traveler, but have been there enough(with a player's card) to warrant better service(and lines) than the Bellagio was giving.

I would never recommend the Bellagio to anyone that intends to wager a great deal of money. It can be a hassle and frustrating to deal with them. I can only imagine what their reaction was when you went up there with 25k.

I enjoy betting there myself a few times a year because I love their reaction when I go to claim my money. Two months ago when I went to cash my ticket I was told "Enjoy your lucky ways before it ends"..It's rare for me to place a wager there but I did back to back nights on baseball and just had the first ticket carry over to the second wager. The ticket was cashed for just over $5k. I had money line favorites on both nights.

The manager asked if I had a players card and I said of course, but I refused to show it to him when I cash out since they do not recognize it when we place a wager.

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VegasGourmet

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Posted: Oct. 28, 2011 - 4:05 AM ET #23

Quote Originally Posted by VegasSound:

I would never recommend the Bellagio to anyone that intends to wager a great deal of money. It can be a hassle and frustrating to deal with them. I can only imagine what their reaction was when you went up there with 25k.

I enjoy betting there myself a few times a year because I love their reaction when I go to claim my money. Two months ago when I went to cash my ticket I was told "Enjoy your lucky ways before it ends"..It's rare for me to place a wager there but I did back to back nights on baseball and just had the first ticket carry over to the second wager. The ticket was cashed for just over $5k. I had money line favorites on both nights.

The manager asked if I had a players card and I said of course, but I refused to show it to him when I cash out since they do not recognize it when we place a wager.

For some strange reason, I'm going to say this again...............

$10K has NOTHING to do with TAX; but simply it has to do with money laundering...............

A supervisor has to ask you for your identification for any transaction in excess of $5K...YOU MAY REFUSE TO PROVIDE IDENTITY.

HOWEVER.....and read this slowly because I am uncertain as to your ability to understand the English language.....

YOU MUST PROVIDE IDENTIFICATION FOR ANY CASH TRANSACTION THAT IS $10k OR ABOVE.....

You're at the Rolex store at The Wynn and buy a watch for $15K cash (not credit card)....same "F-ing identification".....

IT HAS NOTHING TO DO WITH A SPORTSBOOK....IT ONLY HAS TO DO WITH ANY....REPEAT, ANY.....CASH TRANSACTION IN THE UNITED STATES THAT IS IN EXCESS OF $10,000.....

PERIOD....END

You read my post wrong. If the wager exceeds 10k the manger will no question need to approve. That's what I pointed out. I've bet 10k at the Hilton plenty of time without the manger coming over to approve.

IF THE MANAGER DOES NOT WRITE DOWN YOUR INFO ON A CASH TRANSACTION IN EXCESS OF $10k...ONCE AGAIN....YOU ARE LYING.....

ADDITIONALLY....WHAT PAPERWORK????...

......No writer at the Bellagio would care to make a comment such as the one that you quoted....BS.....Two months ago?.....Tell me which writer...describe the writer....I'd be happy to follow that crap up with you......

It's posts like yours that corrupt this website...joke...and, sad.