High Rollers Online Casino
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Online casinos hunt on high rollers: They are literally the superstars of the online gambling industry. We are not talking about VIP players here – anybody can join a VIP club and increase his status in years. High rollers are not like that, they start playing with huge amounts right at the beginning and continue doing so. Let’s take a closer look at their life, shall we?
High Rollers – Who Are They?
If you are a member of an online casino, you should have already noticed the “table limits”. Each game that is open to the “public” has a maximum wagering limit, usually around 500 EUR or so. Well, what if you are ready to wager a lot more? This is what high-rollers do: They come like a storm, wager thousands of Euros on a single round, and move on to the next game. They spend big and take higher risks. The game is not important by the way – high rollers can play poker, roulette, baccarat, or blackjack. The only exception is the slot machines: Due to their nature, you cannot spend big on slots. So, the “hunting ground” of high rollers are card and table games.
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High Roller Casino Bonuses. Most high roller casino players seek out casinos offering a regulated safe online environment with the best variety of games, the highest return to player, fast payouts, high roller bonuses, high roller VIP managers, high betting odds, and great promotions. By definition, a High Roller is a player who dedicates a significantly large sum to his/her bankroll. So, if you happen to fall in to this category of players, you as a big spender will probably find yourself yearning to find the best online casino to bet your money on and win a LARGE SUM OF MONEY.
So, why do online casinos hunt them? Well, if you were a business owner, wouldn’t you like a customer who spends thousands of Euros in one night? High-rollers are a small group in this industry, and they know each other. So, if such a player opens up shop at a casino, he usually calls others to the same place too. And we all know that casinos are the real winners in the long run: High rollers play big, win big, but also lose big.
So, the casinos offer exclusive bonuses to this type of players, to gain their interest. These are usually the same bonuses that are offered to “regular” members but with much higher rates. For example, you may be getting a welcome bonus with a 100% match rate, up to 100 EUR. A high roller, on the other hand, will be getting the same ratio but a higher upper limit: 1.000 EUR or so. This is because their first deposit will be much bigger than yours.
High Wagers Bring High Cashback Bonuses
However, among the high roller special bonuses, the best one is probably the cashback promotion. We mentioned that big bettors lose big, but their cashback ratios will also be big. If you are ready to spend a thousand Euros per day at an online casino, you may save at least 25% of your losses. In other words, it will be possible to win back nearly 2.000 Euros of your losses every week. Basically, you will be depositing 5.000 Euros every week but be able to save 2.000 Euros of it. Note that this amount may be much higher if you are ready to spend more.
It Is Not That Easy to Become a Superstar
To be a big player, you need to have a huge budget, obviously. And we are talking about really big: Are you ready to spend (and possibly, lose) at least 20.000 EUR every month? Note that you don’t need to be a professional gambler, having more than enough money to gamble is the only thing you need. Therefore, the number of high roller players are quite limited, but one thing never changes: If you can spend big, casinos will award you bigger.
High roller casinos are a whole different breed of online website. Some of the top high stakes casino sites might be familiar to you, but many of them don’t have the mainstream brand name that you would expect. That’s because high limit casino games don’t attract the least common denominator of the gambling world. You won’t find gamblers shopping for free games, penny slots, and no-deposit bonuses at the high roller Internet casinos. The masses would have no reason to know about the best high stakes table games, because these are designed for the ultimate elite of the online gaming world.
How to Find High Roller Casinos
So if your bankroll has grown in recent times and you’ve decided to step up to the sites with the high dollar stakes, you might wonder how you find such sites. I’ll offer tips for finding sites, along with some recommendations of my own. Some will be everyday names, while others should be pretty exotic sounding to the average gambler. We’re talking about places that aren’t designed for the average player, though.
Casinos that Spread High Limit Games & VIP Programs
High Welcome Bonuses
First, you’ll want to find the sites with the biggest deposit bonuses. The reason for this is simple: only the high stakes player could ever take advantage of the high dollar welcome bonus. Most people don’t have the $25,000 to take advantage of the full bonus offer from casinos. If they did, they would be making a down payment on a house or buying a new car–not depositing in a big stakes casino account.
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You might think high rollers wouldn’t be shopping for the best deposit bonuses, but that would be the furthest thing from the truth. The fact is, most successful men and women are quite frugal when it comes to their spending, though they play on a whole other level than the rest of the crowd. Just because a gambler has to play at high stakes to get the adrenaline rush doesn’t mean he or she avoids saving money when it’s offered. Despite the popular image in the US and abroad of rich Americans and conspicuous consumption, Thomas J. Stanley and William D. Danko, co-authors of “The Millionaire Next Door”, found that the average American millionaire drives a $31,367 car. A survey of 2,000 Americans polled by The Wall Street Journal assumed millionaire’s automobiles would cost something like $75,000. The fact is, gambling high rollers might be a different breed than non-gamblers, but they still want value for their money spent, so casinos offer big initial deposit bonuses to attract their business.
Realtime Gaming Casinos
Another shortcut to finding high roller casinos is to search through the roll of casino sites powered by Realtime Gaming software. RTG software happens to be in several of the sites which offer the biggest bonuses, including Slots Plus and Aladdin’s Gold Casino. It helps that RTG casinos tend to accept America players. Despite their mounting national debt and hard times in their domestic economy these past few years, the USA still has the highest standard of living and the most well-to-do and wealthy people, so casinos which cater to players from the US are naturally going to have a high percentage of high limit tables and games. Most of the casinos listed below are powered by RTG software.
- Aladdin’s Gold – $10,000 Initial
- Loco Panda Casino – $4,000 Initial
- Lucky Red Casino – $4,000
- OnBling Casino – $3,250
- Grand Parker Casino – $2,500
- Win Palace Casino – $2,000
- Casino Titan – $3,000 on their multi-match bonuses
What’s Considered a High Roller?
You might want a definition of high roller, because the term certainly has a relative scale to it. You’ll find three types of high rollers in an online casinos: “players”, “premium players”, and “whales”. Specific terms apply for these high rollers and there is a tremendous amount of gradation between them.
Players and Premium Players
Players are people who buy into a game for $10,000 and upward. When you spend this amount at a casino, you’ll start getting comps, cashback, and VIP status, but you’re not the biggest player in the house. In fact, you’re far from it.
Premium players tend to have about $100,000 to $250,000 in their accounts. When they place bets, they might bet $5,000 or $10,000 on a single wager. That is, the premium player might make a single bet as large as the “lowly” player’s whole stake. At the same time, if the premium gambler isn’t having luck, he or she might reel back their betting patterns somewhat, since those $10,000 losses add up quickly.
High Rolling Whales
Whales are the creme de la creme of gamblers. Once again, the whale puts the premium player to shame. They have the big stack; the online casino (or live casino) knows they have the big stack; they are treated as such. Once again, the whale is betting $1,000,000 or more per session. Their bets might be as much as $100,000 per deal, spin, or roll. These people are mega-wealthy and are offered any compensations, cashbac plans, or VIP status it takes to keep them around. When your bet can make or break the casino’s night, they want you to keep playing as long as possible (until the house edge gives them the winning session).
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Of course, the gambling whale is one of the rarest of birds there is. In the entire world, only 250 to 500 whales exist, because most of them have a billionaire dollar net worth. Their line of credit at a casino can be ten to twenty or even twenty-five million, though you won’t see that much spent in most online venues. These people often play live in brick-and-mortar casinos in Las Vegas, Monte Carlo, London, or Macao. Still, a mega-rich gambler can’t be in the casino cities all the time, so they sometimes enjoy betting big amounts online at their favorite online gambling sites.
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In fact, the big spender online is likely to “only” betting $5,000 per hand, roll, or spin. That’s because the constraints of online transactions and Internet gambling laws put a certain cap or limit on their gambling habits. So the live whales might only fit into the spending habits of the live player when they go for online gambling. Still, a session of online gambling is a good way to wind down, so these gamblers are likely to bet $5000 per wager and might have a total stake or bankroll of around $100000 at a given casino. These people might wager several tens of thousands in a monthly period, racking up huge VIP or platinum points.