October 5, 2008 10:00 PM
Amendment 50 could lead to $24,000 poker table pot
Claim: Amendment 50 could lead to an increase in the biggest potential winning pot at a poker table in Black Hawk, Central City and Cripple Creek, taking it from $1,200 currently to $24,000.
Rocky Truth Patrol says: Rock Solid
Guess we should say: You betcha!
Amendment 50 would give residents of Black Hawk, Central City and Cripple Creek the chance to vote on whether to allow the maximum bet in casinos there to rise to $100. It's currently $5 per bet.
The Colorado Gaming Association says it doesn't know what the biggest potential winning pot would be. But the folks at the Colorado Department of Revenue do. Don Burmania says for a table of 10 poker players, who are allowed five raises each and who all stay in the game until the end, the pot would be $24,000 - 20 times higher than the current top pot of $1,200.
But, says Burmania, "the likelihood of that happening is very, very slim. Probably not everyone would raise to the max and not everyone would stay in the game."
It would be up to the casinos to set how many times each player could raise a bet. Currently, it's five times. But Burmania said most places with higher bet limits only allow three raises. In that case, the top pot would be $16,000.
February 17, 2009
11:54 PM
ty yarbrough writes:
curious what the blinds would be on a game with
a hundred dollar bet... what game would this be?
thanks,
ty