It is a form of yield management in that the limits can be changed to optimize the profit from a gaming table.
A casino that wants to project a more exclusive image can set the limits higher so that the casual player walking through would not be as likely to sit down and play.
Often a casino will advertise a low minimum game as a teaser, a sign might read $2 blackjack 24 hours a day.
The low minimums created a general excitement in the casinos as hundreds of people would jostle to play table games.
Most casinos today would prefer that the low rollers play slot machines which do not require as much oversight.
Since the electronic machines are available 24/7 and do not require a paid dealer, they are popular ways to augment the gaming pit.
Tim Poster and Tom Breitling purchased the Golden Nugget casino in Las Vegas in January 2004.
Although they personally invested $50 million of their own money in the project, they did not have the deep pockets of a major corporation.
The strategy worked for 9 months until a high roller won $8.5 million over a two-week period and wiped out their profit for a year.
The Paiza Club in the Palazzo hotel requires that players have at least $300,000 of credit or on front money deposit to play.
This is a common form of Texas hold 'em in tournament play where the size of the bets are limited by the chips in play or cash games where the bet is limited by the size of the 'buy in' or chips one has accumulated prior to the current hand.