The highest wager allowed by an online casino in an individual game is known as the maximum bet or maximum wager. This limit is set by the casino in order to control the amount of money that can be wagered on a single bet or hand, and to minimize the risk of large losses for both the casino and the player.
The maximum bet can vary greatly depending on the game and the online casino. In some games, such as slots, the maximum bet may be relatively low, while in others, such as high stakes blackjack, it may be much higher.
Online casinos will typically play the maximum bet for each game in the game rules or paytable, and players should make sure to familiarize themselves with this limit before they start playing.
It is important to note that the maximum bet is not the same as the maximum payout, which is the highest amount of money that can be won on a single bet or hand. Maximum payouts can be significantly higher than maximum bets, and are determined by the odds of the game and the size of the jackpot or prize pool.
Overall, it is important for players to consider both the maximum bet and the maximum payout when choosing which games to play, as well as their own financial situation and risk tolerance. By playing within their means and understanding the potential rewards and risks involved, players can have a fun and enjoyable online gaming experience.
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