It’s not easy to quantify high stakes online casino games, mostly because what one person considers a fortune to another. But, to make it easier for you and us, we at GamblingPedia take the middle ground and state that any game with a maximum bet of $500 is legal. Some will say that $1000 is high stakes, while others claim that $100 is high stakes. However, the term “high stakes” refers to the player’s perception of the situation.
The point is that high stakes gaming online is available in a variety of games, including Blackjack, Roulette, Craps, Baccarat, Video Poker, and Slots, in both non-US and US casinos. Poker is in a class of its own, and thus is not relevant to these debates.
The phrase “high roller” is a misnomer for “high stakes,” These players are also called whales. They are offered all sorts of amenities to lure them to the casino floor in the live casino sector, including private jet flights to and from the casino, limos, special rooms, gifts and even credit incentives. Saudi wealthy princes who had been given lines of credit or allowed to pay by check have set fire to more than one London casino! In Australia, restrictions are more lenient for these players, and they are even excluded from several laws, including smoking on the casino floor.
Online casino games for high-stakes players are also accessible. However, it is unlikely that they will be offered credit lines. These “whales” also receive large bonus payouts and other benefits, and blackjack, Roulette, Craps, and Baccarat games with bet amounts ranging from $200 000 to $500 000 are not uncommon.
High-stakes gambling provides a casino with substantial liquidity, and each casino has its own definition of a high roller. Their financial clout can bring turbulent results on the casino floor, and therefore high-stakes games are allowed. A high roller is defined as a gambler who gets at least $30,000 at the tables in a single gambling session. However, this figure can be much lower in some circumstances.
The casino’s bread and butter are not high-stakes gamblers; they are the exception rather than the rule. These players certainly make up a small portion of the activity in the United States and the United Kingdom. The majority of casinos, both off and online, are funded by the lower to middle class, but the whales exist and need to be served, so they are, in a unique way.
High-stakes games and high rolling make for a very enticing kind of lifestyle, and some of the world’s best players have been discovered committing fraud to fund this lifestyle. In the same way that low rollers should only gamble what they can afford online or some other form of gambling, big rollers should do the same.
One of the most popular casino games, Craps, can be found on the web as well as in real world locations, and it is explained in depth in this online craps guide.
At a Craps table, players place bets on the outcome of a pair of dice rolls. The absence of equipment needed to play Craps is one of the main attractions for casinos to offer the game. Craps is a traditional dice game in which participants bet on one or more dice rolls.
Craps is a famous casino game that evolved from the old English game of Hazard, and it is believed to have some of the best chances of making a profit when played correctly. When the dice are rolled, a crowd of people gather around the table, shouting and cheering enthusiastically.