Author:
Zack Wilson
Date:
06/05/2022
Experiences:
Rugby fanatic - but so much more
Experiences:
Rugby fanatic - but so much more
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Who are high rollers?
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High rollers are also referred to as big spenders. They are aware that if you increase the stake on a particular bet or game, there is a chance of winning huge returns. High rollers are high risk-takers, and in general, they have the potential to make big profits for the online casino or even significant losses for the online casino if they are lucky enough. However, statistically, since most people like to save their money, they do not engage in high-risk betting. That’s why high rollers take up only a fraction of the gambling population.
While high rollers might seem reckless with their money, it has a lot to do with their confidence and strategies. Generally, high rollers are people who have regularly been in specific online casinos. One that has become a favourite with high rollers is the aptly named, crypto-only Extreme Casino. Since high rollers are such an exception from the regular crowd, have engaged with the game for enough time to know the general layout, and might be a part of the VIP lounge, it makes sense that online casinos would try to reduce their risk and keep them playing for more. High rollers, after all, can turn a game exciting and profitable overall. That’s why online casinos provide a lot of different high roller bonus UK to high rollers.
What is a high roller bonus?
A high roller bonus UK is a bonus that you get, especially because you deposit or bet with a large sum of money. In general, if you deposit an amount of money while registering for an online casino, you will get a welcome bonus. The difference between a high roller bonus UK and the welcome bonus is that the welcome bonus is for punters who are new to the operator while the high roller bonus is for existing customers who bet high amounts. Standard online casino players are happy with the bonus amount that they receive. A high roller, on the other hand, puts a lot of money at stake and so, they are not quite satisfied with the standard bonuses. Hence, online casinos provide a lot more bonus percentage against their bonus.
High rollers seek bonuses that will be sufficient enough to reduce the high risk that comes with high stakes. A high roller bonus is generally a bonus, which is large enough to boost your deposits in a way that you can have enough bankroll to continue placing your stakes in different games at high stakes as well. There is, of course, no specific universal percentage of the high roller bonus across the online casino world, but it is quite significant. However, be aware, you should not go for an unlicensed online casino just because they are giving out tempting high roller bonuses. Unlicensed casinos are not safe to use, so always make sure a casino holds legitimate licence to operate in the country where you are resident.
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How do you know if an online casino is trustworthy?
Generally, it is a given rule that you must research the online casinos with which you plan to play before you engage with it. After all, real money is used in online casinos, and you have to share most of your private and financial details with them. It becomes especially true for high rollers who generally put a high amount of money at stake. There are specific ways in which you can determine whether an online casino is trustworthy or not.
Check the licence
In the UK, gambling is legal, but it has to be regulated by the UK Gambling Commission. You should check out the licences of the online casino you are engaging with before you go for gambling. Online casinos that have been whitelisted by the UK Gambling Commission are legal and trustworthy. Trusted online casinos can also acquire licences from top regulatory bodies like Alderney Gambling Control Commission, The Isle of Man Gaming Commission, the Malta Gaming Authority, and the Gibraltar Regulatory Authority.
Check the software provider
You need to check the software provider of the online casinos, as well. Generally, there is a single software provider of most online casinos. Software providers have a fantastic screening process. Due to their reputation, most software providers do not engage with fraudulent companies. So, check out the software provider of the online casino and then check out the reputation of the software provider. It is essential to research the software provider too as software providers are not infallible, and many of them have been known to provide software for blacklisted online casinos also.
Check for certifications
Since online games use software and other technologies, this software must get tested regularly. For testing of software, online casinos should go for independent third-party auditors. These auditors can give certificates to the online casino, ensuring fairness in the games. One of the top auditors on online casinos is eCOGRA. So, if an online casino is certified by eCOGRA, you can be sure that it is fair in its dealings. Another company that engages in such certification is Technical Systems Testing (TST) - another reputed gambling auditor. They generally check the RNG games to ensure that they are random and fair.
Customer support
Another way to check the reliability of an online casino is by checking its customer support. Generally, a reputed online casino will have amazing customer support. The customer support of reputed online casinos can be contacted through live chat, telephone, social media, and email. They should have 24/7 customer support services and should respond to your questions fast. Strong customer support shows that the online casino cares for the customers and would not mislead them or deceive them.
The website
an online casino website should not only be interactive and attractive, but it should also be transparent. The online casino website should list all the online casino licenses and certifications. If there are any offers, then the online casino should also list all the conditions of the offer along with the offer. There should be an extreme level of transparency when you are dealing with an online casino website. This transparency shows that the online casino website is reliable and can be trusted.
The deals
An online casino can have numerous deals, take for example the Parimatch bonus code and offers, but these deals should be reasonable. If you are a high roller and opt for a high roller bonus, even then, you would probably understand reasonable offers. If the deal looks to be too good to be true, then it is a red flag, and you need to start researching on it more. It might be possible that there are certain conditions placed against it, which makes the offer justified. However, if you come across a great and unreasonable offer that does not have any conditions attached to it, then you might be dealing with a fraudulent operator.
Experience
Another way you can spot a fraudulent online casino is by experience. It is especially true for high rollers who have had a lot of experience in the gambling world and hence, knows what to look out for. While there are specific bonuses that look too good and can be identified by any gambler, whether a newbie or a seasoned punter, there are also specific bonuses that are indicated in such a way that its benefits might seem suspicious Your experience will point out the problem with such bonuses, and then, you can research it further. For example, generally, no deposit bonuses do have a max payout limit attached to them. So, if you find an operator that puts such a max limit against no deposit bonuses, then you might have to turn away from such offers.
In the online world, fraud is an ever present danger. High rollers, due to their high stake playing philosophy, can turn out to be easy targets for these frauds. So, if you are a high roller or even a newbie entering the gambling world, you should look out for the red flags and research properly before depositing any sum of money. You can always go for operator comparison websites and check the operator reviews to find out if they are legal or not. It is also essential to go through all the terms and conditions properly before you engage with an online casino site.
High Roller Online Casino Bonus Vs. Standard Bonus - A Comparison
If you join an online casino, you will be eligible for a standard bonus amount. The standard bonus amount of an online casino is referred to as a welcome bonus, and it is generally charged at a 100% matched bonus percentage against a deposit. So, as per the condition, if you set a deposit of £100 at a charge of 100%, then you will get another £100 as a bonus. It means that you can play at £200. This kind of bonus is okay if you are a new player in the online casino. You are quite likely to play on a low bankroll and avert as much risk as possible.
When you are going for a high-risk stake, you are probably going to put in a lot more money than any regular gambler. For a high roller, a meagre deposit bonus of 100% will not do well. High rollers generally require a high bonus value. To get this high bonus value percentage, you have to put in a high deposit value as well. For example, a high roller online casino bonus can go up to 200%, but to avail of this specific bonus, you have to put in a deposit of £1000. So, when you add the 200% bonus along with the deposit, you get a total stake of £3000. This amount, however, is quite low for a high roller.
High rollers go for bigger stakes and put in much higher deposits. If you are someone who is going in for a high stake, you should contact the customer support and ask if you are eligible for it. Not every person can be a high roller as per the online casino terms. You must be quite regular in an online casino and have to regularly put in high stakes against several games so that the online casino authorities accept you as a high roller.
High Roller Benefits
When you are a high roller, there are some benefits that the online casino offers you, which is not always in terms of a bonus. As high rollers are quite rare and are only a small percentage of the entire gambling population, it is justified for the online casinos to shower a few benefits on high rollers lavishly. Here are a few extra benefits that high rollers can enjoy:
Personal VIP Manager
If you become a high roller in terms of the online casino, then you will get a personal VIP manager. The VIP manager will keep an eye on your accounts and ensure that you get several rewards other than just the bonus. Some of the perks that you get when you are with a personal VIP Manager are fast withdrawals, easy deposits, etc.
Comp points
If you are a high roller, then you will soon attract the eyes of the online casino authorities. online casino authorities are known to provide fantastic complimentary points or comp points to high rollers. In some online casinos, you can use these comp points to withdraw cash at a specific rate.
VIP Lounge
If you are a high roller, then you can get access to the VIP lounge easily. A high roller attracts the eyes of the VIP manager. As a high roller attracts a lot of comp points, they are also capable of moving up the VIP ladder with ease. While high deposits do not guarantee the VIP access, it makes it easier for you since most online casinos do not have specific guidelines to become a VIP in the online casino. You have to become visible by the VIP manager, and they might choose to make you a part of the VIP Lounge.
High Roller Bonus - Terms and Conditions
As you will be putting in a considerable amount as deposit and since the bonus percentage charged against this deposit is enhanced and a lot more than the standard bonus percentage, you will be facing different terms and conditions as well. This bonus percentage will have wagering requirements, but the wagering requirements will be quite different from that standard bonus percentages bring. On top of that, there will be an expiry date within which you need to meet the wagering requirement, or else your bonus will be void. Also, high roller online casino bonuses are not automatically attached to your deposit. Often, you need to put in the high roller bonus code or ask the customer support to guide you through this process.
What is a wagering requirement?
Wagering requirements are generally a compulsory condition in a high roller bonus. A wagering requirement refers to the number of times that you have to bet or put money at stake so that you can convert your winnings to a proper withdrawal. Wagering requirements are different for different bonuses. It is also known as play-through requirements. An example of a wagering requirement is: if you deposit £1000 and get a bonus of 200% with a wagering requirement of 25x on the bonus, you have to place a wager of £2000 x 25 = £50,000. Generally, high wagering requirements do not always get you high payouts because they can be risky. However, since you are a high roller, you can afford to take such risks if you so desire.
You'll also need to check that your chosen payment method counts towards the wagering requirements. You can find out more about this in our Revolut online gambling and Skrill betting sites guides.
Conclusion
High rollers are gamblers who tends to place high stake, high-risk bets. They can score a massive profit against the high risks that they take. Online casinos give out incredible high roller bonuses to high rollers. However, as a high roller, you should be wise when it comes to selecting the right online casino. While there are many online casinos with attractive high roller bonuses, you should check out comparison sites like Betting.co.uk to understand which online casino is the right one for you. Not only do high roller bonuses get you enhanced bonuses, but it also alters the terms and conditions of the bonus from a standard bonus. So, always read the terms and conditions of the high roller bonus UK before applying.It also provides all the latest information about casino offers such as live casino offer, Casino promotion offers, best online casino fast payout and Mobile casino offers etc.
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