High Stakes and Gambling Whale VIPs. $5000 Bonus.
Welcome to High Roller Casinos, the home of the online high stakes player, or gambling whale: the guide for VIPs on the Internet.
Did you know that around 80% of the turnover in a typical online casino comes from High Roller and VIP players?
Thanks to the importance of these players to the casinos, high roller players have access to promotions and perks far in excess of the average punter. Perks such as free private jet transfers, free limousine use and free use of the casinos best suites should come as standard if you move around in these kind of circles.
$800 FREE. US & UK Players Welcome
A high roller is a player that bets High Stakes. How much do you have to bet to qualify or be considered as a High Roller? Well, these individuals are normally referred to by the industry by names that refer to the amount of money they bet at a visit to the tables (or machines for that matter).
-A whale is a player who stakes at least $1 million on a session. There are thought to be around 250-500 of them on the planet, and they can bet from $100,000 and up on a single hand. Their net worth is generally about $1 billion and up and they will have a credit line that can extend to between $20m and $25m.
-A Premium Player will stake around $100,000 to $250,000 on a visit, placing bets of around $10,000 a go. These figures may fluctuate, as both whales and premium players will rein in their betting levels if they feel they are not getting the rub of the green.
-If you buy in from $10,000 and up, you will start getting comps, for sure- just don´t expect to get the penthouse suites.
-It also depends on the casino and the town to some extent. Play with $10,000 In Vegas, Monaco, Macau or London and you won´t stand out as an especially big player, but play with $1000 in a small town casino and you´ll start turning heads.
-If you are playing online, it is difficult to match these levels- purely down to the difficulties in making these kinds of transactions on the Internet. A High Roller online will be spending slightly less: up to $5,000 a pop, but will certainly be wagering tens of thousands of dollars monthly.
How to Play Like a High Roller
1. Flash a huge bankroll about. There are an estimated 250-500 whales in the world and Premium Players number in their thousands- this club is a mix of American, Russian, Chinese, European and Middle-Eastern players, with a few African and Asian oil and commodity tycoons thrown in for good measure. There´s Old Money and New Money in this club, but The New Money tends to have the deeper pockets and play with less abandon. The Old Money will tend to play the long game- they´ll still be propping up the roulette wheel when the newbies have disappeared. To step up to the mark, you´ll need a credit line of between $4 million to $5 million to play with the seriously big boys. $100k- $250k should see you fine if you want to work your way up as a Premium Player. If you´re a High Roller already, you´ll know about it- you can skip the next 3 points.
2. Get famous- but not in the usual fashion. High rollers are media shy- you won´t be needing a PR manager, except, perhaps, to refuse interviews. You need to become well known at the big casinos: If you start playing big- don´t worry- word will start to get out fast to the people in the know. And they are a discrete bunch, not least because they are all paranoid that the competition will come fishing for their big whales. You´ll need to be invited to play in the High Roller rooms- it´s easier to do this if the doorman has heard about you already. One you get into this club, demand to be flown around by private jet, ask for the best Las Vegas suites, only eat gourmet food and wait for the free show tickets, gifts, fine wines, butler service and personal chauffeur to arrive.
3. Of course, to warrant all of this lavish attention, you´ll need to "earn it" by gambling big-around $100,000 per bet should catapult you right up there, but you can work your way up from $10,000 a hand. The late Kerry Packer, the highest roller the planet has ever seen used to throw down bets of up to $375,000 while playing seven simultaneous blackjack hands. Of course, it goes without saying that you should never attempt this if you can´t afford to lose this kind of money and still get on the plane at Las Vegas International smiling. It´s better to swim with the tiddlers and watch the big game from a distance.
4. Head for the baccarat table- the high roller choice. High Stakes games will probably be no-limit so that you don´t cramp your style or limit you winnings (or losses).
VIP High Stakes Players have access to tables with astronomical table limits. High Rollers provide a significant portion of the revenues in the Casino Industry but there are significant costs that go along with attracting these VIP players: if a casino decides to accept their bets and the High Roller wins, it can cause major financial problems for the casino.
On the other hand, if the casino's "gamble" pays off and the high roller loses at the tables, the casino can post abover target revenue gains for the year. What´s the definition of a High Roller online? Probably slightly less- start betting $5k and up and you are probably in High Roller territory.
Famous high rollers include Bruce Willis and Kerry Packer: an elite, and growing group of high net worth individuals. The worldwide competition for the top high rollers is fierce: in Las Vegas, luxury temples are rising up out of the desert floor to attract wealthy players. Mirage Resorts alledgedly spent $150 million on art, including works by Renoir, Monet, Cezanne, Van Gogh and Picasso.
The places most frequented by whales and premium players in Las Vegas are the Bellagio, Venetian, Mirage, the MGM Grand, Caesars Palace and the Las Vegas Hilton. Whales are not seen in Atlantic City as much, but if you do see one there it is likely to be at the Taj Mahal and Caesars.
Other well-known high rollers include members of Malaysia's Quek family and the Sultan of Brunei who at one time placed $250,000 chips all over a roulette table on each spin in a Las Vegas casino. Roger King, the chairman of King World Productions, is another famous whale along with Charles Barkley, Dennis Rodman and Larry Flynt.
Although low in absolute number terms, whales make up a big part of a casino's revenues, since many of them stake as much as $1 billion annually.
At High Roller Casinos, we feature the best suites in Las Vegas for High Stakes players, reviews of top online casinos that offer high limit slot and table games and we run through a list of famous high roller players that have graced the casinos in the past and in the here and now. We hope you enjoy the site.
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