Sunday January 17, 2021 at 12:16 am

Casinos in Colorado no longer must adhere to a state law that imposed a maximum bet of $100 for all wagers thanks to Amendment 77, which included all table games and poker. The $100 max bet rule made poker cash games problematic, especially no-limit action, because you could never raise more than $100 at any given time. Under the new regulations starting May 1, all 33 Colorado casinos in Blackhak, Central City, and Cripple Creek now have the option to cap bets or allow unlimited action, which is expected to boost tourism with baccarat and high-stake poker.

ColoradoCasinosBlackhawk
Blackhawk, Colorado located 45 minutes from Denver

Get ready for some gambooooooooooling in the Rockies. Gambling halls have always been a part of the American western expansion in the late 19th Century. It's a part of history and lore. Colorado has a long history with gambling which first popped up during the gold and silver rush. But the $100 max bet rule felt a little weird and too nanny state of a vibe for the wild, wild west.

When legal casino came to fruition in Colorado, laws were set to protect their locals from problem gambling by enacting the $5 maximum bet rule. An initial amendment in 2008 bumped it up to $100 max bet. Eleven years later, the gambling boom produced 33 casinos in Colorado in Central City, Blackhawk, and Cripple Creek via Colorado Springs). There are also a couple of casinos on Native American land. According to the state treasurer, casinos in Colorado generated over $830 million in revenue in 2019. The casino biz is booming and continued to grow during the “green rush” after voters voted to legalize marijuana in 2012. Recreational weed officially came to Colorado in January 2014.

Even at $100 max, the cap became a thorn in the side to poker players. The $100 cap meant there was never anything other than low-stakes action. You can't have a proper $2/5 NL game with a $100 max bet. Heck, even a $½ game isn't truly no-limit with a $100 cap.

I once watched a high-stakes poker game in Blackhawk, Colorado at a $30/$60 table, which was essentially just a bunch of degens betting/raising $100 at a time.

Despite the $100 max bet rule, tournament poker thrived in Black Hawk. Tourneys were the only way to get a pure no-limit vibe. The poker room at Golden Gates hosted events on the Heartland Poker Tour.

With Amendment 77, Colorado casinos will finally have a Las Vegas vibe because it allows gamblers to bet bigger, which means any high rollers from Colorado will stay in-state instead of flying to Nevada for higher stakes. Poker players can finally have a proper poker game without getting knee-capped at $100.

Without the max bet rule. casinos will now spread new games including baccarat and Pai Gow poker. When you advertise baccarat, the whales will follow. It will keep the big baccarat money in-state instead of heading to Vegas.

"We appreciate that Coloradans supported our town's right to determine our future so we can improve economic opportunities for the people who work and live here," Cripple Creek mayor Bruce Brown told the Denver Post. "Things won't change overnight, but I believe this will help us get back on our feet."

Your comments to this news on the forum:
Colorado casinos end $100 max bet rule, high-stakes poker coming to the Rocky Mountains
This news has 1 comment:
News

Casinos in Colorado no longer must adhere to a state law that imposed a maximum bet of $100 for all wagers thanks to Amendment 77, which included all table games and poker. The $100 max bet rule made poker cash games problematic, especially no-limit action, because you could never raise more than $100 at any given time. Under the new regulations starting May 1, all 33 Colorado casinos in Blackhak, Central City, and Cripple Creek now have the option to cap bets or allow unlimited action, which is expected to boost tourism with baccarat and high-stake poker.

[...] Read more…




Blackhawk, Colorado located 45 minutes from Denver

Share this post


Link to post
Share on other sites
Read the comment on the forum
Latest news
Tuesday September 19, 2023 at 12:27 am
2023 Poker Masters: Darren Elias, Vladas Tamasauskas early winners

The 2023 Poker Masters is underway at the Aria Casino in Las Vegas and two events are in the books. Lithuania's Vladas Tamasauskas outlasted a record-setting field of 114 entries to win Event #1 $10K NL for a score worth $239,400. American pro Darren Elias was the last player standing in Event #2 $10K NL and he banked $223,100 and his second PGT title.

Wednesday September 6, 2023 at 1:52 am
Simon Wiciak wins 2023 EPT Barcelona Main Event for €1.1 million

France's Simon Wiciak was the last player standing at the 2023 EPT Barcelona €5,300 buy-in Main Event, and he outlasted 2,120 runners to win €1,134,375 at a rowdy final table that included a pair of Brazilians. The final three players cut a money deal with Wiciak besting Brazil's Joao Sydenstricker and British pro Carl Shaw. The final table in Barcelona also included Canada's Santiago Plante, Brazil's Andre Akkari, and Argentina's Ezequiel Waigel.

Thursday August 24, 2023 at 7:19 pm
Daniel Negreanu and Doug Polk meet in High Stakes Duel 4

The next big matchup in PokerGo's High Stakes Duel will feature Daniel Negreanu and Doug Polk. The two pros will meet once again in the latest installment of HSD 4 Round 2. Polk defeated Negreanu in their own High Stakes Feud than ended in early 2021 with Negreanu losing $1.2 million after logging 25,000 hands of heads-up NL.

Friday August 18, 2023 at 5:35 pm
PokerStars releases 2023 WCOOP schedule

PokerStars released the schedule for the upcoming 2023 World Championship of Online Poker (WCOOP). This year's epic and popular online series features 110 tournaments with three different tiered buy-ins and $80 million in guaranteed prize pools starting on Sunday, September 10 and running for 25 days through October 4. There are 12 championship events on the docket at the 2023 WCOOP.

Wednesday August 16, 2023 at 8:16 pm
Billy Kopp and Tobias Schwecht win WSOP Circuit Main Events

The World Series of Poker Circuit handed out gold rings to a pair of Main Event champions. German pro Tobias Schwecht was the last player standing at the World Series of Poker International Super Circuit London in the UK, and he banked £480K or approximately $610K USD for winning the Main Event. American pro and WSOP bracelet winner Billy Kopp locked up a third-career ring when he shipped 2023 WSOP Circuit Harrah's Cherokee Main Event in North Carolina for $376,154.

Tuesday August 15, 2023 at 12:13 am
2023 WSOP Paradise releases schedule

The WSOP released an official schedule of events for the inaugural WSOP Paradise at the Atlantis Resort in the Bahamas. The WSOP Paradise kicks off on December 3 and final event begins on December 14 with 15 bracelets events up for grabs. There's two online events and cards go in the air for the Main Event on December 9. The $25K GGMillion$ High Rollers Championship is slated for December 5.

Tuesday July 18, 2023 at 1:46 am
Breaking News
Dan Weinman wins 2023 WSOP Main Event for $12.1 million

The 2023 World Series of Poker Main Event finally played down from 10,043 entrants to the last player standing in Las Vegas. Atlanta-based pro Daniel Weinman is the 2023 WSOP Main Event champion and he earned a first-place payday worth $12.1 million. He also snagged a second-career bracelet. Americans finished 1-2-3 in this year's Main Event. Steven Jones was the runner up and he won $6.5 million for second place. Adam Walton won $4 million for a third-place finish.

Saturday July 15, 2023 at 10:46 pm
2023 WSOP: Adam Walton leads Main Event Final Table

The 2023 World Series of Poker Main Event in Las Vegas reached a final table with nine players remaining in the hunt for $12.1 million and the coveted special bracelet. Adam Walton from Los Angeles leads the final table with 143.8M in chips. Also still alive are Americans Steven Jones and Dan Weinman, Toby Lewis and Dean Hutchison from the UK, Germany's Jan-Peter Jachtmann, Ukraine's Ruslan Prydryk, Juan Maceiras from Spain, and Daniel Holzner from Italy. The final table resumes on Sunday.

Tuesday July 11, 2023 at 2:35 pm
2023 WSOP Day 4 Update: Ryan Tosoc leads final 441

Day 4 of the 2023 WSOP Main Event saw the money bubble burst early on Monday and when they concluded the action, only 441 players survived and were left in the hunt. American pro Ryan Tosoc bagged the chip lead with 5.12M and two other players had stacks over 5M including Mitch Halverson and India's Aditya Systla. Also, John Racener is currently in the Top 10 in chips with 3.7M.

Monday July 10, 2023 at 6:03 pm
2023 WSOP Main Event: Antonio Mallol Heredia chip leader after Day 3

The 2023 World Series of Poker Main Event continued with Day 3 action on Sunday with both Day2 flights combining for a single field. When Day 3 ended, they got close to the money bubble with 1,517 remaining. Antonio Mallol Heredia from California bagged the chip lead after Day 3 with nearly 1.9M. American pro Chance Kornuth is second overall with 1.88M.

Sunday July 9, 2023 at 4:10 pm
2023 WSOP: Main Event tops 10,043 entrants

It's official. The 2023 World Series of Poker smashed a 17-year-old record when the $10,000 buy-in Main Event Championship passed over 10,000 in entries and settled on 10,043 runners and a prize pool just shy $93.4 million. The top 1507 players will get paid out with $12.1 million set aside to the champion and the top eight places snagging at least a seven-figure payout. American pro Maurice Hawkins bagged the chip lead heading into Day 3.

Friday July 7, 2023 at 4:27 pm
2023 WSOP Main Event sets new attendance record

The 2023 WSOP Main Event is underway and the first four flights of Day 1 are complete. There's approximately 9,337 entrants in this year's Main Event which broke the attendance record that was set in 2006 with 8,776 runners. Main Event Day 2ABC begins on Friday, and Day 2D is set for Saturday. Nicholas Rigby aka Dirty Diaper bagged the overall lead with 408,800 in chips after a sick run on Day 1D.

Wednesday July 5, 2023 at 5:27 pm
2023 WSOP: Chris Brewer adds a second bracelet

Chris Brewer won a second bracelet this summer at the 2023 World Series of Poker when he was the last player standing in WSOP Event #69 $10,000 No-Limit 2-7 Lowball Draw Championship. Brewer won his first-career bracelet in the $250,000 High Roller earlier in the series, and he's now cashed in five events for over $5.6 million. Jesse Lonis also won a second bracelet when he shipped Event #71 $50,000 PLO HIGH ROLLER for $2.3 million.

Sunday July 2, 2023 at 6:17 pm
Breaking News
2023 WSOP: Phil Hellmuth wins bracelet #17 in Super Turbo Bounty

Phil Hellmuth was the last player standing in 2023 WSOP Event #72 $10,000 Super Turbo Bounty NL. The Poker Brat earned a score worth $803K and snagged bracelet #17. Phil Ivey advanced to the final table, but he missed out on winning his eleventh bracelet when he busted in sixth place. With 17 bracelets, Hellmuth has six WSOP victories in the last 11 years since he won multiple bracelets in 2021 including the WSOP Europe Main Event in France.

Friday June 30, 2023 at 8:48 pm
2023 WSOP: Jason Mercier ships sixth bracelet

Jason Mercier became the 21st player in WSOP history to win six bracelets when he survived a stacked final table in 2023 WSOP Event #60 $1,500 NL 2-7 Lowball Draw. Mercier also denied Erik Seidel a shot at winning a tenth bracelet when Seidel finished in fifth place. Hong Kong's Ka Kwan Lau won Event #57 $25,000 PLO High Roller for a juicy score worth $2.3 million. Also, Mike Gorodinsky won his third bracelet with a victory in the Event #54 $10,000 HORSE Championship.

Monday June 26, 2023 at 6:19 pm
2023 WSOP: Jeremy Ausmus wins bracelet #6

American pro Jeremy Ausmus becomes the third player this summer to join the WSOP Six Timer Club when he took down 2023 WSOP Online Event #8 $3,200 NL High Roller for a $360,036 score. Brazil's Yuri Dzivielevski picked up a third bracelet when he outlasted 836 runners for a victory in Event #47 $1,500 HORSE. Texan Lou Garza banked $1.3 million and won his first bracelet by shipping WSOP Event #50 $10,000 PLO Championship.

Friday June 23, 2023 at 6:18 am
2023 WSOP: Brian Rast ships third $50K Poker Players Championship

American pro Brian Rast notched his sixth WSOP bracelet after winning the $50,000 buy-in Poker Players Championship for a third time. Rast edged out Talal Shakerchi to win 2023 WSOP Event #43 $50,000 Poker Players Championship and $1,324,747 in cash. Earlier in the week, Chris Brewer took down Event #40 $250,000 NL High Roller for $5,293,556 after he outlasted a field of 69 entries.

Free tournaments and added prizes

The Club Poker organizes freerolls and special tournaments with added prizes.
To qualify for free, register on our poker partners websites:

Tournaments Club Poker
6-MAX
$2.20
Big Poker League
today at 7:04 pm
$125 added