Eventually, the Horseshoe started allowing bets of any size as long as it wasn’t larger than their initial bet. Binion initially set the craps table limit to $500, which was ten times higher than any competitor at that time. Shortly after, Binion purchased the Eldorado Club and the Apache Hotel, reopening them as Binion’s Horseshoe Casino, which immediately became a fan favorite because of its high betting limits.
Born on Novemin Pilot Grove, Texas, Benny Binion arrived in Las Vegas in 1969 after becoming a partner of the Las Vegas Club.
