What are the maximum payout for casinos?

[Slow death]

As we know lot of people have won huge amount from gambling especially that of casino games, and for casino not to go bankrupt what are the maximum amount of payout they can be able to pay to gambler who are gambling on their site. If you go through some ANN thread you would see how gambling sites shares the testimonies of people who won x amount, although I know that this is to attracts more gamblers but what do you think could be their maximum paying cap?

Casinos set maximum limits that are attractive to people to play at the casino. You will rarely see old, reputable casinos setting low maximum limits; they know there are wealthy people who gamble, so they don't set low limits. At least, if you play there and hit the highest multiplier while you've bet above $10, you can win big and get paid in a few minutes. I've seen people win millions of dollars and get paid quickly.

[Cyber_warrior]

As we know lot of people have won huge amount from gambling especially that of casino games, and for casino not to go bankrupt what are the maximum amount of payout they can be able to pay to gambler who are gambling on their site.

I think every exchange has different terms and conditions, so you will have to visit the gambling site which you want to use to find out more about the gambling site. I don’t know maybe gambling sites are always having maximum amount which they will be paying out, I just feel if you gamble and you win, if the gambling site is a reputable one, then they should be able to pay you your win irrespective of the amount which you win.

Actually maybe it’s because I haven’t won big amount of money because that’s why I don’t know their is always limit which a gambling sites will be paying out. But if they can allow you to place a bet, then they should allow you withdraw your money no matter how much its is. If they know that your potential win is going to bankrupt them, then they shouldn’t have allowed you place the bet right from beginning.

[AmoreJaz]

If I were you I wont gamble above the maximum payout/withdrawal amount so that you don't have issues during time for withdrawal.
Before you make use of any casino, do your own finding on that casino. Understand their rules, policies, terms and agreement because when the rules are meant to be applied they wont consider you.

If you are playing on a reputable site like stake, even million dollar of payout, they can. Just look at the high rollers at stake and you will understand that they have no problem releasing such amount. But for others, you need to check their credibility first if they have history of withdrawal complaints and other related issues. I cam only attest with stake casino but for others, you need to be familiar with how they handle huge amount of payouts. Because not all casinos can easily disburse multi-million dollar payouts.

[danherbias07]

I have no idea how much the maximum payouts are, but the largest I have seen are bets from Drake, and there are some high rollers in Stake.com too, which uses Bitcoin as its currency for betting. I've seen some betting 1 or 2 BTC at each roll, and I believe they are paid without any trouble.

IMO, this will depend on how large the online casino or sports bookie is. So, I suggest that we stick with the reputable ones that have histories of paying large amounts if we are going to do the same.

[fruktik]

I've never even considered this question. Why? I don't know anyone who's withdrawn huge sums of money from casinos. Yes, I've read plenty of stories of big wins, but the casinos there were comparable to those in Las Vegas. They'd be perfectly fine paying out several million dollars. Although, even that seems like a problem. There would be trouble verifying the player's integrity. They might even find a false excuse to deny payment, citing fraud. This happens quite often.

[|MINER|]

As we know lot of people have won huge amount from gambling especially that of casino games, and for casino not to go bankrupt what are the maximum amount of payout they can be able to pay to gambler who are gambling on their site. If you go through some ANN thread you would see how gambling sites shares the testimonies of people who won x amount, although I know that this is to attracts more gamblers but what do you think could be their maximum paying cap?

There are actually many things that matter here, such as the maximum payout of the casinos through various rules and regulations for the protection of players' funds according to regional law.
And besides, there is no specific amount because we see in many cases in reputable casinos that things are determined according to their bankroll budget and the bankroll budget of each casino is different and therefore we do not know what the maximum paying cap is.

However, it is actually true that they use the issue of huge prizes for marketing but it is done through a specific processing where very few players can get close to that huge prize.

[Oluwa-btc]

Though I have not win a huge amount of money in casino, but I think casinos operates like sport betting where they set thier maximum pay out so that bettors will not go beyond the stated amount. If a  casino does not set a maximum pay out it means that they're not trusted because there's a certain amount you will hit in such platform that they will not be able to afford it, which is why majority of this betting platforms do ensure that they set a maximum pay out and it's been set in a way that bettors can never bet beyond that stated amount.

It becomes irregular and unregulated that a casino does not have a payouts limits for their casino affairs and business.Every casino needs to regulate that risks management feature for a sustainable and long term safety.Overtime,players always gamble with expectations and it's unfair that they don't get to earn casino's transparency and trust via payouts.

[Die_empty]

Okay does it mean that when they above such amount or maybe like 10 persons won such games and they weren't able to payout to the 10 person does it mean they will seized operation until they settle out those people who won those amount before they could continue? Why doesn't casino put maximum amount someone could withdraw per day?

Reputable casinos will negotiate with these winners and come up with a payment plan that wouldn't affect their operations. But some casinos that are not well-managed might decide to close up. Casinos with small financial backing should have betting limits so that payouts will not exceed their financial strength.   

There is no single maximum payout that applies to every casino. They all have their own maximum payouts and it also differs from game to game. So even within a casino, the maximum payout in sports betting would be different from slots.

However, so many casinos have very high maximum payouts that you do not even have to worry about it. You need to win a life changing money to ever be involved in that discussion. But if you believe so well in your luck, then you should check what the max payouts are before you start playing.

There are some crypto casinos that don't have any deposit or withdrawal limits. Some of them have a presence in the forum. Gamblers should ensure they read the terms and service of casinos before they start placing bets.   

[CryptoHeadlineNews]

As we know lot of people have won huge amount from gambling especially that of casino games, and for casino not to go bankrupt what are the maximum amount of payout they can be able to pay to gambler who are gambling on their site. If you go through some ANN thread you would see how gambling sites shares the testimonies of people who won x amount, although I know that this is to attracts more gamblers but what do you think could be their maximum paying cap?

Each casino has a maximum amount depending on their capabilities, and sometimes new casinos are always known to have lower maximum winning amount compared to old casinos that might have existed for quite a long period of time. But to be frankly speaking, But however, I just made a little research right now and I saw that a streamer named "Trainwreck" once won a whooping $37.5 million on Stake while playing "Hex Appeal" slot game. And it seems this amount seems to be be the current highest amount ever won on Stake casino. Hence, implying that it is very possible to win such amount on Stake casino too. Because Stake is a big casino and they have got the financial capabilities to pay huge amount. However, here is a screenshot I got from Google below.

[o48o]

Okay does it mean that when they above such amount or maybe like 10 persons won such games and they weren't able to payout to the 10 person does it mean they will seized operation until they settle out those people who won those amount before they could continue? Why doesn't casino put maximum amount someone could withdraw per day?

Maximum amount you can withdraw per day and maximum amount you can win on some specific game are 2 different things. In Stake for example you can withdraw everything you have in your account.

In every casino there are both bet limits and profit limits, otherwise users breaking the bank would be a real threat. Just search the help section, because it's different for every casino. Not all casinos have huge bankrolls. Here's max profit / bet for stake: https://help.stake.com/en/articles/7979909-crypto-casino-betting-limits

[Muba20]

As we know lot of people have won huge amount from gambling especially that of casino games, and for casino not to go bankrupt what are the maximum amount of payout they can be able to pay to gambler who are gambling on their site. If you go through some ANN thread you would see how gambling sites shares the testimonies of people who won x amount, although I know that this is to attracts more gamblers but what do you think could be their maximum paying cap?

Different casino sites pay out according to their advantages. Casino collect a lot more money than they pay out. The lucky gamblers are certainly very small, so if the casino platform pays out their winnings, it will not have a big effect. There are some sites that set the payout limit according to the type of their users, while there are some that set a specific limit for everyone. This can vary according to the gambling platform.

[Wapfika]

As we know lot of people have won huge amount from gambling especially that of casino games, and for casino not to go bankrupt what are the maximum amount of payout they can be able to pay to gambler who are gambling on their site. If you go through some ANN thread you would see how gambling sites shares the testimonies of people who won x amount, although I know that this is to attracts more gamblers but what do you think could be their maximum paying cap?

The maximum payout depends on the casino bankroll. They can extend it by allowing higher bets which their bankroll can absorb in case for the max win.

You will notice that game providers have their own set of maximum multipliers on game but the amount of bet you can placed varies per casino.

[EluguHcman]

Until I win a very huge amount of bet is when I Will devote the anxiety to have interests on what the casinos Max payout maybe because I am just a bettor who bets low and chasing low multiplier.

I am conscious enough that I don't have to bet out of greed all to reach the casinos Max payout because it feels like a dead dream for me to chase, so I don't even bother myself of it but what I know is that as we gamblers bets according to our bankrolls, so also each and every casinos have their bankrools just as sighted (so that they don't go bankruptcy) when some notorious gamblers have to win above their affordability and sustainability.