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For example, let's say that Mr. X is a multi-billionaire superwhale. He informs the casino manager that he wishes to play extremely high-limit single-zero roulette. He brings $35 mil in cash. He puts $1 mil on 35 different numbers for a $35 mil bet on one spin. Mathematically, the superwhale has a 94.5% chance of hitting a winning number. Let's assume he wins. In 1 minute, the casino is instantly down $1 mil to Mr. X. Of course, if the whale gets very unlucky and loses, he loses big -- $35-mil in one spin. Win or lose, Mr. X cashes his chips and walks away.
Would any casino accept such action? I know there are some things that even whales can't get such as anything illegal. Are there bets that are too rich even for the the largest casinos to risk?
Answer: To the first question, the answer is yes. Many whales approach the casinos with a proposition. Some casinos will consider the proposition, then accept -- within limits.
Which leads to the answer to the second question. We consulted with Steve Cyr, the deep-throat superhost subject of Huntington Press' new book, Whale Hunt in the Desert. He tells us that the largest roulette bet taken in Las Vegas is at his casino, the Golden Nugget. The Nugget accepts roulette bets of $50,000 on even-money propositions (even-odd, black-red, first 18-econd 18) and $1,000 on single numbers.
So right away, that limit is a far cry from your million. But given that limit (and perhaps more, if a high roller wants to negotiate a somewhat higher maximum, which is conceivable), the player can use just about any system he wants. Using your idea, he'd risk $35,000 to win a grand.
Recently, Ashley Revell, from London, risked $135,300 on a single even-money roulette bet at the Plaza in downtown Las Vegas (as part of a British reality-TV show). Which proves, once again, that anything's possible in casinos.
