High Limit Blackjack
High limit blackjack is exclusive for the high players, the whales. When it comes to casinos, there are those who are referred to as the whales, the whales play in the high limit areas. These areas are exclusive for those devoted and enthusiastic players who want to play big and definitely large.
When it comes to betting for the casino whales, it is as simple as breathing: $10, 000 here, $20, 000 there – it’s all pocket change to them. The casino credit for these players stretch from six digits and beyond that. Therefore, when the whales come to Vegas to play blackjack, they are in for betting the big way, regardless of how the dice or cards fall.
Casino executives love these guys, because they care less about the low-rollers whether it’s a win or lose; it’s the whales that make it capable for them to pay for the new hotel towers, new spa’s and nightclubs.
However for the determined stalwart player, it is spectacular to watch the whales play. Almost all casino players are attracted to how the whales play, because deep inside, every gambler wants the money and the courage to bet it without second guessing.
Red Rock Casino
The Red Rock Casino is a high limit room where you can play blackjack amongst other games. $100 is the table minimum. The pit bosses and dealers encourage people to come watch the whales play. The drinks are only free for the players. It has great Swarovski Chandeliers with an in-room bar that provides a stunning scene.
Palazzo Las Vegas
This casino has the most number of celebrities and it is relatively easy to bump into one of them. $200 is the table minimum. It has a beautiful bar in the middle of the room that has a floor-to- ceiling approach. This is the best place to enjoy a good game as you watch the whales play it big.
Cognac is expensive for most people, but this bar has the priciest of it while serving small portions of different finger foods to the players. There is a Chinese restaurant nearby for those who love and enjoy Chinese food.
Morongo Casino, Resort & Spa is an Indian gaming casino, of the Morongo Band of Cahuilla Mission Indians, located in Cabazon, California, USA, near San Gorgonio Pass. The casino has 310 rooms and suites. A 44-acre (180,000 m), 27-story resort, Morongo is one of the largest casinos in California. At 330 feet (101 m) high, the casino tower is the...
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If i won $50k in Vegas playing at a high limit blackjack table, would it be tax free? | Yahoo Answers
Years ago the IRS use to have a person in each casino to make sure taxes are secured. Since the corporations have taken over they don't need the agents there. Now you have to fill out forms and taxes are deducted from winnings over $1500.00. Then too all your gambling expenses are tax deductable at the end of the year. That is why it is important to join the gamblers clubs where you can get a printout of your spendings. You can only deduct toward your winnings and not over that amount.