Does anyone know if the new limits apply to slots? Will we see $5 VP or
10 play quarter machines etc?
New Limits
I haven't found the actual law, but I believe it's across the board. Anything that was limited by the five dollar limit is now $100. So, I expect $5 VP and quarter five play multi strike.
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Thought the limit went to 200 but not sure of that, 25+ years at 5 limnit was long enough, Colorado law used to make 100% + machines illegal, we'll see if that changes too.
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--- In vpFREE_Colorado@yahoogroups.com, "Holdman.net" <jon@...> wrote:
I haven't found the actual law, but I believe it's across the board.
Anything that was limited by the five dollar limit is now $100. So, I
expect $5 VP and quarter five play multi strike.
>
Here's a link to the state page on the Amendment 50 changes.
http://www.colorado.gov/cs/Satellite/Rev-Gaming/RGM/1218795716371
The new "single bet" limit is $100. This amendment makes only a few changes to the existing law that allows casinos. There are a bunch of changes related to where the money goes, but the only three changes interesting to us are:
1) Hours of operation - can now be open 24 hours.
2) Games - Craps and Roulette now allowed.
3) Limit - "Single bet" limit is now $100.
Nothing else about the games or limits changes. So, since the $5 "single bet" limit meant $1 VP was allowed, but $5 was not, it certainly seems like $5, or even $20 VP is allowed under the new limit. $100 VP would be, too, but only single coin.
I've seen nothing in these documents, nor heard anything about eliminating the 100% max payout provision.
This all takes effect this Thursday, July 2. All the billboards on this end of town tout the new changes, and there have been lots of TV ads. I think the casino's will be packed for a bit, until some of the novelty wears off.
Jon
The 100% cap will stay in effect. Games with a base paytable (not counting any progressive additions) cannot be over 100%, so therefore games like full pay DW, 10/7 DB, 10/6 DDB, etc. remain illegal in Colorado casinos.
Expect to see a number of existing multi-denom single-line video poker machines (which now cap out at the $1 denom [$5 max bet]) to have $2 and $5 denoms added to them, or 10-coin max bets. Many machines are already being shut down now giving them time to pre-configure them for turning back on Thursday with the higher limits.
Not seeing as much early focus on multi-line games (triple play, spinpoker, etc.).
And I wouldn't expect hardly any really high limit video poker ($100 bet) machines. Floor space is precious in the Colorado casinos and those machines would get very little play. Craps, roulette, and more blackjack tables are already crowding out machines.
Hello Colorado gamblers,
I was at the casinos yesterday celebrating my birthday. What a fabulous day with lots of casino presents. My most favorite ones were the two Clubs Royals! First at Lady Luck and then my second one at Isle within about two hours of each other. Also hit Aces, deuces, threes and fours a number of times.
Anyway many of our favorite machines are shutdown. They all have signs saying some new exciting games will be unwrapped on July 2nd. And I'm not sure if anyone is interested about the 24-hour opening of casinos. It has a hitch in that the bars will stop serving alcohol at 1:30pm until 8:00am the next morning.
Happy gambling and royal to all!
VPhearts
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----- Original Message -----
From: dbsb3233 <dbsb3233@gmail.com>
To: vpFREE Colorado <vpFREE_Colorado@yahoogroups.com>
Sent: Tue, 30 Jun 2009 15:49:09 +0000 (UTC)
Subject: [vpFREE_Colorado] Re: New Limits
The 100% cap will stay in effect. Games with a base paytable (not counting any progressive additions) cannot be over 100%, so therefore games like full pay DW, 10/7 DB, 10/6 DDB, etc. remain illegal in Colorado casinos.
Expect to see a number of existing multi-denom single-line video poker machines (which now cap out at the $1 denom [$5 max bet]) to have $2 and $5 denoms added to them, or 10-coin max bets. Many machines are already being shut down now giving them time to pre-configure them for turning back on Thursday with the higher limits.
Not seeing as much early focus on multi-line games (triple play, spinpoker, etc.).
And I wouldn't expect hardly any really high limit video poker ($100 bet) machines. Floor space is precious in the Colorado casinos and those machines would get very little play. Craps, roulette, and more blackjack tables are already crowding out machines.
I don't understand why the state would not allow casinos to provide positive play video poker. Does anyone have an explanation?
Thanks,
T&J
···
--- In vpFREE_Colorado@yahoogroups.com, "dbsb3233" <dbsb3233@...> wrote:
The 100% cap will stay in effect. Games with a base paytable (not counting any progressive additions) cannot be over 100%, so therefore games like full pay DW, 10/7 DB, 10/6 DDB, etc. remain illegal in Colorado casinos.
Expect to see a number of existing multi-denom single-line video poker machines (which now cap out at the $1 denom [$5 max bet]) to have $2 and $5 denoms added to them, or 10-coin max bets. Many machines are already being shut down now giving them time to pre-configure them for turning back on Thursday with the higher limits.
Not seeing as much early focus on multi-line games (triple play, spinpoker, etc.).
And I wouldn't expect hardly any really high limit video poker ($100 bet) machines. Floor space is precious in the Colorado casinos and those machines would get very little play. Craps, roulette, and more blackjack tables are already crowding out machines.
It is a mystery. We've found no official explanation but we've speculated that it was an attempt to keep the "unseemly" professionals/experts out, or at least down to a minimum.
It's all sort of moot now anyway, since the direction in recent years is more and more downgrading of paytables rather than upgrading. Especially at the higher limits, and especially as the weak economy cuts into their bottom lines. At least three of the parent companies of casinos here are in bankruptcy (actually it's now 2, since Fortune Valley is in the process of being sold off at a bargain price).
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--- In vpFREE_Colorado@yahoogroups.com, "tee_and_j" <topdots@...> wrote:
I don't understand why the state would not allow casinos to provide positive play video poker. Does anyone have an explanation?
Thanks,
T&J--- In vpFREE_Colorado@yahoogroups.com, "dbsb3233" <dbsb3233@> wrote:
>
> The 100% cap will stay in effect. Games with a base paytable (not counting any progressive additions) cannot be over 100%, so therefore games like full pay DW, 10/7 DB, 10/6 DDB, etc. remain illegal in Colorado casinos.
>
> Expect to see a number of existing multi-denom single-line video poker machines (which now cap out at the $1 denom [$5 max bet]) to have $2 and $5 denoms added to them, or 10-coin max bets. Many machines are already being shut down now giving them time to pre-configure them for turning back on Thursday with the higher limits.
>
> Not seeing as much early focus on multi-line games (triple play, spinpoker, etc.).
>
> And I wouldn't expect hardly any really high limit video poker ($100 bet) machines. Floor space is precious in the Colorado casinos and those machines would get very little play. Craps, roulette, and more blackjack tables are already crowding out machines.
>