50k a hand...
How much does one's net worth have to be to bet 50k a hand? At least 50 million? 50k a hand and a bad afternoon could lose you a million dollars easy.

 

Net worth and credit line are not necessarily related.

You need a 650k line to bet 50k at most properties.

 

Interesting. But I was meaning how much would someone have to have to his/her name before betting 50k a hand. If I had 650k to my name I sure as hell wouldnt be putting up 50k a bet.

 

After talking to a few people I've gotten surprising answers on credit line and net worth. Might be worth an interesting thread.

I think you should have at least 100x your credit line in net worth, but turns out I'm in the minority.

 

Tropicana had a $50k max 'off the street' table limit for the past several years in Atlantic City. That is where Don Johnson won the $15 million or so playing bac and BJ.

 

If you really wanted to wager $50k a hand, C.P. and Bellagio has $500/25K tables, bring a friend or family member.

 

How much credit and or net income is only a part of the equation.

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Net income would also be a factor. I think a person can gamble away 20% of his net income without it becoming too big a problem.

 

Does this mean 100x is too much or too little? I'm in agreement with you that putting up to 1% of your net worth in play is not dangerous regardless of income.