High Stakes Craps

SanchoPanza

Think about it like this: It’s better to play a high stakes game with a good chance of winning than a low stakes game with no chance of winning at all! So, to sum up, blackjack’s best if you’ve got the time to learn the game. If you want to drink and socialize and win all at the same time, play craps. Top Casinos For High Stakes Craps. A favorite among high rollers for years, LuckyRed Casino has a reputation for going the extra mile. Every player is free to make wagers worth up to $1000 at the craps table, and when you are awarded VIP status, you can go even higher. Along with the higher betting limits, members of Lucky Red VIP club can take. We’ve got it all—everything from the high-stakes style of blackjack, the fast-paced excitement of craps, to the thrill and strategy of high card flush. With 62 tables waiting for you, odds are you’re in for the time of your life. Y o u r P l a c e F o r A c t i o n.

What are high stakes craps? In most casinos, the maximum stake limit per roll in the game of craps is around $1,000. Therefore, the players are not allowed to bet more, even though the table is referred to as high limit. Anargyros Nicholas Karabourniotis (Greek: Ανάργυρος Καραβουρνιώτης, born November 1, 1950), commonly known as Archie Karas, is a Greek-American gambler, high roller, poker player, and pool shark famous for the largest and longest documented winning streak in casino gambling history, simply known as The Run, when he drove to Las Vegas with $50 in December 1992 and then.

Gambler wins $5.3M at Tropicana in Atlantic City
Published: Tuesday, June 07, 2011, 7:48 AM Updated: Tuesday, June 07, 2011, 7:49 AM
The Associated Press o a gambler weeks after another high roller won $5.8 million at the same casino.
Tropicana Casino and Resort CEO Tony Rodio told The Press of Atlantic City the unidentified gambler won most of the cash during a six-hour streak playing craps Wednesday. He also won at blackjack and mini-baccarat. Rodio says the player left a $150,000-plus tip, which was divided up among the Tropicana table games dealers.
Rodio declined to name the player. However, Rodio says it was not Don Johnson. The Bensalem, Pa., resident won nearly $6 million during a hot streak at the Trop in March and April. Rodio told the newspaper Johnson and the winning craps player will be invited back for more high-stakes gambling.
midwestgb
If this was last Wed., I believe I was in the Tropicana there that day. But it was mid-day and no excitement; must have happened later. I played craps, lost, and left. Nice place, though.
odiousgambit
you don't suppose they were forgiving him 20% of his actual losses? Clearly a Whale, makes you wonder!
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!” She is, after all, stone deaf. ... Arnold Snyder
FleaStiff

Rodio told the newspaper Johnson and the winning craps player will be invited back for more high-stakes gambling.

That statement was merely for public consumption. In actuality, Rodio told both Johnson and myself that neither one of us is welcome back there.
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(LOL).
buzzpaff

That statement was merely for public consumption. In actuality, Rodio told both Johnson and myself that neither one of us is welcome back there.
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(LOL).


In Your dreams ! ROFLMAO
SanchoPanza
Follow-up:
Second high roller takes Tropicana for another $5.3 million at craps, blackjack, mini-baccarat
By DONALD WITTKOWSKI, Staff Writer Posted: Tuesday, June 7, 2011 6:00 am
ATLANTIC CITY — Think of the odds of two high rollers winning more than $5 million apiece — at the same casino, within weeks of each other.
Well, it has happened at Tropicana Casino and Resort. Two months after a blackjack player won $5.8 million, another gambler has burned the casino for $5.3 million.
Tony Rodio, Tropicana’s new chief executive officer, said the unidentified gambler won most of the money at the craps table during a six-hour hot streak Wednesday night. He also got lucky playing blackjack and mini-baccarat. . . . Rodio declined to name the craps player, saying it is Tropicana’s policy to protect the privacy of its customers. He did say, however, that it was not Don Johnson, the high-rolling blackjack player who revealed his identity in a May 22 story in The Press of Atlantic City. . . .
Johnson complained that Atlantic City’s casinos are refusing him a chance to play again, but Tropicana’s billionaire owner, Carl Icahn, said he plans to personally invite Johnson back to the blackjack tables. “We have not cut him off,” Icahn said. “I congratulate him on his winnings. That’s what gambling is all about. We’d be happy to see him again.”
Rodio said the winning craps player also will be invited back for more high-stakes gambling. At one point Wednesday, the mystery player was betting more than $100,000 at a time on the craps table.
Tropicana has made high-stakes wagering the centerpiece of its casino strategy, with mixed results. The casino posted higher table games revenue in six of seven months while the rest of the Atlantic City market shrank. Johnson’s winning ways, however, brought Tropicana’s streak to a dramatic end in April.
“Mr. Icahn and his company understand that with this strategy, there is a little bit of volatility,” Rodio said. “Sometimes you’re the bug, and sometimes you’re the windshield.”
Rodio recalled that Icahn was unfazed when he told him about the craps player’s big win. Instead of scrapping the high-stakes strategy, Icahn told Rodio that he wanted to spread the word that Tropicana is still pursuing major players. “This is Mr. Icahn’s strategy,” Rodio said. “He has made no bones about this strategy. He feels very confident. We are not afraid to offer aggressive limits.”
Last week, Rodio, 52, of Hammonton, replaced former Tropicana CEO Mark Giannantonio, who was fired in May. Rodio denied that Johnson’s huge win had anything to do with Giannantonio’s ouster.
Rodio has spent nearly 31 years in the casino industry. He recalled one Japanese gambler who won about $6 million while playing baccarat at Trump Plaza Hotel and Casino in the 1980s. But he said he had never before heard of two gamblers winning more than $5 million each at one casino so close in time.'--acpress
pacomartin
That was Akio Kashiwagi and it was February 1990.


The late Akio Kashiwagi was a Japanese property developer with a vast fortune and alleged ties to the Yakuza. During the 1980s and early 1990s, he was one of the highest of high rollers. Baccarat was his game of choice and with credit lines in the millions he routinely gambled US$100,000 - $200,000 a hand. For his fearless gambling, he was dubbed “The Warrior” by casino executives.
One casino executive, Dennis Gomes, of the Dunes in Las Vegas says that Akio Kashiwagi would “sit at the Baccarat table and bet $100,000 a hand for 80 hours. He’d play two days straight without sleeping, go to bed, get up and gambler some more.”
The Negotiator
While the casinos may have competed for Akio’s action, he was known as one of the toughest customers. He was known to routinely negotiate his losses. Mr Gnomes says “He was a friendly guy but he was a tough negotiator when it came to paying his debt. It was frustrating to deal with him. Out of an $8 million debt, you'd probably collect maybe $5 million.'
Highs
Akio Kashiwagi’s most famous win was a record breaking US$6 million from the Trump Plaza in Atlantic City in February 1990. In a baccarat session befitting a whale, Akio was wagering US$200,000 a hand at a rate of around US$14 million an hour. At one point, ‘The Warrior’ was up more than US$7 million.
Lows
In May 1990, Akio Kashiwagi again broke records. During a marathon high stakes baccarat session at the Trump Plaza that lasted 6 days, Akio lost US$10 million. This still stands as the largest single loss in Baccarat history. Casino owner, Donald J. Trump is quoted as saying that Akio was up more than US$10 million before losing.
In January 1992, Akio Kashiwagi was found dead at his Mount Fuji home with 150 stab wounds. At the time of his death Akio still had casino debts to be settled in the order of at least US$9 million, owing US$5 million to the Las Vegas Hilton and US$4 million to the Trump Plaza in Atlantic City.

High Stakes Craps

wschmrdr
And to think, I did awful when I played craps there...
cclub79

High Stakes Craps

CrapsHigh stakes craps video


“Mr. Icahn and his company understand that with this strategy, there is a little bit of volatility,” Rodio said. “Sometimes you’re the bug, and sometimes you’re the windshield.”
Rodio recalled that Icahn was unfazed when he told him about the craps player’s big win. Instead of scrapping the high-stakes strategy, Icahn told Rodio that he wanted to spread the word that Tropicana is still pursuing major players. “This is Mr. Icahn’s strategy,” Rodio said. “He has made no bones about this strategy. He feels very confident. We are not afraid to offer aggressive limits.”


We all know Icahn's strategy is sound. The free press of huge winners might help draw more people to a sagging city.
I'd like to know what bets he was spreading at the Craps Table and if there was any setting involved. (I'd assume at thousands of dollars a bet, he could have the table to himself and be the shooter every roll...)
FleaStiff

I'd like to know if there was any setting involved.

Yep, a Boxman was just a setting there watching to see if he tried anything funny with the dice.

High Stakes Craps Games

I don't think this latest winner is going to start up some seminar on dice setting though if he did he would be the first seminar huckster with anything close to credentials.
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It’s strange, but we don’t see craps much anymore. Many casinos don’t offer it, while others bury it in their “other games” section.

You’re not going to find any variants of this game, either. At least, none that we don’t know of offhand or have seen during our casino reviews.

We’re not trying to be negative. Just honest. It’s important that you know what to expect if you want to play craps online, especially if you want to play for high stakes.

In fact, finding a high-stakes craps game might be your toughest task of all. If casinos only have one or two craps games, if any at all, your choices are going to be severely limited. If their games only allow you to bet $100 per roll, you might have no other choice than to take it.

Now, there are some things you can try. There are a couple workarounds that may help you play for more money. It may not be exactly what you want, but it’s better than nothing.

There are also some things you should know about playing high-stakes games before you join a casino. Things like banking options and limits, casino management, how promotions work, and more.

High Stakes Craps Games

We’re going to cover all those things here in just a minute.

But first, we want to let you know that we’ve already done the legwork. We found a few casinos where you can play craps for high stakes online. The following casinos get two thumbs up from us for their reputation, licensing, games, limits, and more.

Use our recommendations below if you don’t want to spend the time or effort in finding a casino on your own.

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