Each online casino game will feature both a minimum and a maximum bet. In simple terms, the minimum bet is the smallest wager you make when playing that specific game. It could be a $0.10 limit for a slot, or a $10 minimum at the blackjack table.
Maximum bets are at the other end of the scale. This is the most amount of money an online casino will permit you to wager on a specific game.
All online casinos will clearly post both minimum and maximum bets for every game they offer. But how do they come to determine what the minimum and maximum bets will be for each game?
Minimum Casino Bets
In the case of the minimum bet, the amount is based on population, so to speak. The online casino wants to ensure that they keep a steady flow of people playing their games. Since the vast majority of players are going to be casual gamblers, there needs to be a fairly low minimum bet to keep those folks gambling.
Maximum Casino Bets
With the maximum bet, there are a couple of factors that are coming into play. Firstly, an online casino isn’t going to set the maximum bet so high that a win could wipe them out financially. They’re going to be certain that they are more than capable of covering any bet.
Secondly, maximum bets help the online casino to stay profitable. The margins on casual players will be low, since in general they don’t bet much and hence, don’t lose much. But high rollers are trying to win much more, so they’ll be readily accepting that they will at times be losing much more. They’ll also be at ease with risking much more on their bets.
These minimum and maximum limits will also impact who plays those games, and that’s all part of the process. A low minimum bet is going to attract casual players who either can’t or choose not to risk significant amounts of money when they’re playing at the online casino. They’re in it simply for the recreational activity and maybe the chance to win a bit of cash.
Games with high maximum bets are going to draw in the high rollers. Those are the players who gamble regularly, and sometimes are people who do it for a living. They’re seeking to make a big score and are willing to play with greater risk in pursuit of that potential major payday.
NJ Online Casinos with Minimum and Maximum Stake Limits
Casino | Minimum Bet | Maximum Bet | Game Examples |
---|---|---|---|
BetMGM NJ | $0.10 | $2,000 | Starburst, Gonzo’s Quest Slots |
Borgata NJ | $10 | $5,000 | Classic Blackjack, Atlantic City BJ |
DraftKings Casino | $0.10 | $10,000 (best for high rollers) | American Roulette, European Roulette |
bet365 NJ | $1 | $3,000 | Texas Hold’em, Omaha (Poker) |
BetRivers NJ | $5 | $10,000 | Lightning Live Dealer Baccarat, Speed Baccarat |
FAQs About Minimum and Maximum Bet Limits
Why do minimum bets differ between online slot games and table and card games in NJ casinos?
Minimum bets vary because different games cater to different types of players. For example, casual gamblers who play online slots are typically more comfortable with smaller wagers like $0.10. In contrast, table games like blackjack or poker often involve more strategic play and attract players willing to risk $10 or more per hand. Here is an example to illustrate it: A player at BetMGM online casino might wager $0.10 per spin on Starburst but would need at least $10 to sit down at a blackjack table.
Can I increase my betting limits at an NJ online casino?
Yes, some new online casinos like StarDust offer the option to raise your maximum betting limit by contacting customer support. However, this is often reserved for high-roller or VIP players who have proven they can manage larger bankrolls. So, if you are a frequent player at bet365 online casino and want to bet more than $10,000 on a game of baccarat, you can request a limit increase after discussions with the casino’s team.
What happens if I try to place a bet higher than the maximum allowed?
If you attempt to place a bet exceeding the maximum limit, the casino system will automatically reject the bet and notify you of the maximum amount allowed. Let‘s say a player on FanDuel NJ or another gambling app trying to wager $15,000 on American Roulette will receive a notification informing them that the maximum bet allowed is $10,000 for that game.
Casinos With High & Low Bet Limits
Did you try real money casino games? Explore the best online sweepstakes and social casinos listed here.