High-limit games usually have both a minimum and maximum betting threshold. Often, only trusted casino customers are allowed to play at a high-limit table. Games can be played exclusively by special invitation or be available alongside standard Board games.
Only thriving casinos can afford to invite high rollers to play. Small online casinos usually can’t offer such a service precisely because of the size of the bets.
High rollers in poker
High-limit bets are usually offered by large operators that conduct both land-based and online activities. Buy-in and bet sizes vary depending on the gambling zone, the popularity of the online casino, or the level of the poker tournament. For example, the buy-in of the No-Limit Hold’em High Roller tournament, which was held on June 1 as part of the WSOP 2018, was $100 thousand – an impressive amount that not only ordinary poker players, but also many WSOP participants can not afford. More than this amount was only the buy-in of the last event in this series – The Big One for One Drop – $1,000,000 No-Limit Hold’em ($1 million).
Cash buy-ins are not often found at high-limit tables; players usually have a kind of casino credit, which makes it easier to play safely with high stakes.
High rollers in the casino
The number of players is determined by the limit set for each individual table. In Australia, for example, this applies to players who bet from 50 thousand to 75 thousand Australian dollars. If we are talking about Las Vegas, this range ranges between $150 thousand and $300 thousand in Macau, this amount can reach $500 thousand.
High rollers are rarely beginners. As a rule, these are people who understand the strategies of games. Therefore, they take part in those games that will give them the best opportunity to get the maximum win.
In casinos high rollers prefer several games:
- Baccarat or its accelerated version of “Punto Banco”. Due to the low advantage of the gambling house – only 1% – it remains the most popular among high-stakes players for many decades.
- Dice: complex combinations and excitement make this game second among the favorites. The chances of winning are equal, the advantage of the gambling house is also relatively low.
- Blackjack: in many casinos, the maximum limit for this game is $500. In the game of blackjack, the lowest house advantage starts from 0.36%. Counting cards can translate all in favor of the player, but modern security systems allow the institution to quickly calculate such players.
If a player makes a Deposit with a Visa card, he has the right to ask the casino whether it will pay interest for the operation. A reputable and reliable casino always pays for them.
One of the main difficulties that high rollers face is how to Deposit their funds into a casino account and then withdraw them. As one of the best options – Visa cards.
Another option is a money transfer. This option guarantees 100% receipt of money, and the more money will be sent to the casino account, the cheaper this operation will cost. Withdrawals can also be made by transferring money.
How a modern online casino encourages high rollers
For an online casino, the definition of a high roller is a bit more blurred, although there are still privileges. Here, the majority of players bet small amounts, so almost anyone who makes a bet above $100 can be called a highroller.
High rollers often receive generous bonuses from casinos that seek to lure them to the gambling table. If we are talking about ground facilities, it can be free transfers by private plane, limousine, free accommodation in luxury rooms, discounts on visiting the best restaurants, etc.
Online casinos can offer an extended credit limit for the player, as well as compensation payments for turnover from bets or losses. Besides:
- Large bonuses, namely bonuses for bets (at least 50%) from $1000; Deposit bonuses, which can reach 500%; personal bonuses in the form of cashback.
- Sweepstakes of expensive prizes for VIP clients at closed tournaments.
- The maximum bets on the back.
- Personal manager.
- Loyalty and benefits: birthday gifts, invitations to private parties, etc.
The most famous high rollers (VIP players)
There are several big names and related stories in the history of big bets.
Phil Ivey’s unpaid millions
Professional poker player Phil Ivey is known as one of the best players in the world. Although poker is more of an intellectual game in which it is more important to have knowledge and skills than luck, ivy is also a fan of excitement and risk. Being an avid player at dice, he circled five different casinos within “megator craps” betting in the amount of $100 thousand for each batch of games, the famous to the whole world.
Another big story for ivy came in 2012, when he won about $11 million in a baccarat session at London’s Crockfords casino. However, the casino refused to pay out the winnings, arguing that ivy used a technique called “edge sorting” to predict which cards would fall on the next hand. Ivy sued the casino for his winnings. The outcome of this situation is still unresolved.
The mystery of the Sultan of Brunei’s family
The Sultan of the tiny Asian state of Brunei is one of the wealthiest people alive, with a capital of more than $20 billion. He is also considered one of the largest, though unspoken, “whales” in the world. Along with incredible stories about his secret travels to casinos in Las Vegas, Macau and London, where he usually spends about $1 million per night, no one has accurate information about how often the Sultan plays and how much he wins or loses.
However, there is no doubt that his family is among the largest high rollers in the world. The Sultan’s ex-wife, Mariam Aziz, often visited London casinos, where she offered to bet with her bodyguards, and once lost £3 million during a stormy weekend. the Sultan’s Brother, Prince Geoffrey, is known as an avid gambler and a regular of gambling establishments.