You're holding pocket aces, and you've got $600 in chips in front of you. What can you bet while still complying with the law? Remember, "the maximum amount of a single wager must not exceed $40, except that an all-in wager ... may not exceed $500."Well, this quarter's WSGC newsletter is out, and they admit they were confused, too. They write:
I think you're stuck tossing in $40, but that doesn't seem right at all."
The change allows "all in" wagers, only, to exceed the $40 poker wagering limit. The rule does not allow players to make call or matching wagers exceeding the $40 limit. Additionally, the rule is ambiguous as to who is eligible to make an all-in wager. For example, if a player has $550, could they wager $500, or, would they be ineligible to place the all-in wager? In other words, does a player have to have $500 or less to be able to place the all-in wager? Prior to the "all in" wager change, all [poker room] wagers were limited to $40.
Their proposed solution, which I expect they'll fast-track: removing the "all in" reference, allowing the rule to revert back to the $40 limit.
No other big news this time, except that they clarified that a poker room supervisor is allowed to accept tips.