High Roller Explained

What is a High Roller?

Whether it be sports betting or casino games in which you favour, players are likely to have a budget when it comes to funding their activity, whether it be a strict sum or something that is more flexible. Those with significant amounts of disposable income will potentially be in a position to take bigger risks, with this often being referred to as high rollers. A small percentage of punters are likely to be in a position to stake with almost no limits, with it always being recommended to wager within your means. However, for those looking to back sports teams and play casino games with substantial amounts of cash, this high roller explained page will explain everything in which there is to know on the topic. So, before we answer the question “what is a high roller?”, we will outline some of the most important points on this subject.

High Roller Explained – Key Points

  • High roller gambling comes with many risks.
  • With winning large sums of money off a minimal stake being unlikely, some turn to a high roller strategy instead.
  • The term “high roller” is more commonly associated with casino games, however those registered with online bookmakers are also likely to be familiar with the concept.
  • In order to start a high roller strategy, punters must first find a betting site or casino which offers high limits and payouts.

What is a High Roller?

In essence, a high roller is someone who regularly bets large amounts of cash, in the hope of winning big with a bookmaker or casino. While the definition of a high roller differs when it comes to figures, those who are comfortable with spending thousands consistently are likely to fall into this category. However, the majority of profits made by gambling platforms do not actually come from high rollers, with bookmakers and casinos often having to invest heavily in order to cater for this type of customer.

How to Find High Roller Betting Sites

Now we have established the answer to the question “what is a high roller?”, it’s worth considering which bookmakers are actually available to those who wish to place larger-than-average bets. Maximum deposits, along with betting and withdrawal limits are likely to have an impact upon your ability to act as a high roller, meaning that players must look into these areas before registering. Our betting site reviews will deliver useful information when it comes to banking, while those operating on casino sites will often be invited to join exclusive groups upon spending a particular amount over a certain period of time. VIP casino players will be able to deposit greater amounts, as well as stake large sums, which is the ultimate goal for any high roller. Elsewhere, those registered with an online bookmaker may be in a position to contact their customer support team in order to request higher stakes.

The Benefits of Being a High Roller

No high roller explained article would be complete without looking at the advantages in which such customers can look forward to, with gambling sites looking to keep such players satisfied with some enticing promotions and rewards. So, just what are the main benefits of being a high roller today?

Payouts – High rollers will often be able to get their hands on winnings faster than they otherwise would, while the amount that can be withdrawn will also be greater than normal. As well as this, some gambling sites may also remove any processing fee when high rollers are involved, meaning that 100% of winnings are received.

Ongoing Promotions – High rollers will occasionally be able to take advantage of promotions in which regular customers do not qualify for, whether it be receiving bonus spins, bonus bets or exclusive prizes.

Customer Support – High rollers are also often provided with a personal customer support representative, meaning that there are no frustrating wait periods that are often endured by others. As a result, any problems or questions are quickly dealt with.

High Roller Promotions

Particularly when it comes to online casinos, sites will offer promotions specifically aimed at high rollers, which normally come in the shape of a welcome bonus. An example of a high roller bonus is a casino 100% matching all opening deposits up to an amount of around £2,000, meaning that players can start their journey with a huge opening kitty. While there are likely to be strict wagering requirements, which cover the backs of casinos and make ultimate withdrawals less realistic, many still take advantage of such promotions.

High Roller Banking Options

When large sums of cash are involved, players must consider the payment method in which they are using, with the speed and cost of deposits and withdrawals potentially differing between the available options. The following are among the most popular payment methods for high rollers:

Bank Cards – Payments made using a debit card are virtually instant, while they also come with large limits, often totalling over £10,000.

Bank Transfers – While not as speedy as card transactions, bank transfers are one of the safest methods of depositing funds online, while the small fees also make them attractive to high rollers.

E-Wallets – E-wallets have long held an association with gambling sites, despite the potential limits and fees that may be incurred. The speed of transactions in this area makes them appealing, while high rollers are not forced to enter their bank details on their bookmaker or casino account, adding another layer of protection in the process.

Limitations of Being a High Roller

Those considering developing this form of wagering after reading the start of our high roller explained article must take into account some of the potential pitfalls that may be experienced along the way. Firstly, being a high roller means that you are at risk of quickly losing vast amounts of money. Regular punters are likely to set themselves a budget of around 5% of their income when it comes to gambling, however high rollers will normally have to invest a greater percentage. Meanwhile, high rollers may have to show additional documentation in order to make sure that betting sites are not being deceived, with mutual trust being required from the off.

Meanwhile, those simply registering on a betting site and looking to deposit and stake with large sums of money may be in for a shock. Even the very best bookmakers are likely to set limitations in this area, protecting themselves in the process. Meanwhile, some platforms have developed poor reputations when it comes to payouts, so be sure to look into this beforehand.

What Other Betting Guides & Strategies are Available?

Having read our high roller explained piece and hopefully found the answer to “what is a high roller?”, you are likely to have quickly developed an opinion surrounding how suitable the strategy could be for you. We recommend that those with smaller budgets check out our alternative betting guides, which discuss some of the other betting strategies available to punters. Whether you are looking to learn more about in-play betting or live streaming are in the right place, while if you are wondering how sports odds are calculated on bookmaker sites, we also have you covered. Alternatively, our betting exchanges guide could be worth a read if you are considering  while our guide to the legality of betting in the UK and guide to what an oddsmaker is can help to form the backbone of your overall knowledge of the bookmaking industry as a whole.

Conclusion

The high roller strategy is unlikely to suit the majority of players, whether you favour betting on sporting events or casino games. However, the fact that you now know the answer to “what is a high roller” means that you should fully understand just why this form of gambling is becoming more common. Those with the funds and nerve can potentially be very successful by risking big stakes, however this strategy is likely to better suit those operating on casinos, rather than bookmaker sites, due to casinos catering well for such players. High rollers must also find a platform that welcomes high rollers, otherwise there is little point in adopting this strategy.

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