In Craps, casinos often set limits on how much players can bet on various wagers to manage risk and maintain house odds. The minimum bet is the smallest amount a player can wager on a particular roll or table, while the maximum bet is the largest amount that can be placed. These limits can vary between different tables and games, with higher limits typically found in high-stakes areas and lower limits in more casual settings.
Maximum/Minimum Example
For example, if a table has a minimum bet of $5 and a maximum bet of $500, a player must bet at least $5 to participate in a round but cannot exceed $500 on any single wager.