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What is the max you can wager on a 2-3 team money line parlay at the LVH in vegas?

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Posts: 8

INVSTMTBANKR

Prospect

Joined: Jan, 2010

Posts: 275

Posted: Nov. 29, 2013 - 8:33 PM ET #1

What is the max you can wager on a 2-3 team money line parlay at the LVH in vegas? $5000 or more?

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INVSTMTBANKR

Prospect

Joined: Jan, 2010

Posts: 275

Posted: Nov. 29, 2013 - 8:53 PM ET #2

Plan to stay there in a couple weeks called hotel and they said I would have to come in to sports-book and find out min - max on parlay.

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refer

Veteran

Joined: Feb, 2007

Posts: 3416

Posted: Nov. 29, 2013 - 11:07 PM ET #3

Never seen a book with a max you can BET .... some will have max on payouts meaning you can make a 100,000 2 or 3 team parlay bet but not a 100,000 10 teamer as payout would exceed. At any major book you should be at least mid 6 figures 500,000k ish. 5,000 bet is nothing, they book 1000 of those a day.

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Bling

Legend

Joined: Sep, 2005

Posts: 41476

Posted: Nov. 29, 2013 - 11:46 PM ET #4

There is no set max but I am sure a 3 teamer for 1000 or more will require the cashier to at the very least inform the manager. You'll want to break down your bets into smaller ones so you don't trigger any tax forms if you win.

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666LES

Veteran

Joined: Dec, 2006

Posts: 4298

Posted: Dec. 2, 2013 - 2:23 PM ET #5

Quote Originally Posted by Bling:

There is no set max but I am sure a 3 teamer for 1000 or more will require the cashier to at the very least inform the manager. You'll want to break down your bets into smaller ones so you don't trigger any tax forms if you win.

Cut the bullsh*t there are no tax forms if you win this bet if payout is <600-1.

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Bling

Legend

Joined: Sep, 2005

Posts: 41476

Posted: Dec. 2, 2013 - 7:49 PM ET #6

Quote Originally Posted by 666LES:

Cut the bullsh*t there are no tax forms if you win this bet if payout is <600-1.

riiiiiiiiiiiiiiiight

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nc1capper

MVP

Joined: Aug, 2007

Posts: 16348

Posted: Dec. 3, 2013 - 10:33 AM ET #7

Yikes , would imagine someone will be anxious to accept this wager

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JicJac

Captain

Joined: Oct, 2009

Posts: 5228

Posted: Dec. 8, 2013 - 11:10 PM ET #8

there are tax forms for any amount that is 300/1 or more of a payout.

The actual amount of payout has nothing to do with it. for example...if you wagered a penny and it paid you 30 bucks...there are tax forms to be filled out!

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What is the max you can wager on a 2-3 team money line parlay at the LVH in vegas?

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