- Being a high roller can mean getting access to the full red-carpet treatment, but even low or medium rollers can enjoy the high life, too.
- A high roller, also referred to as a whale, is a gambler who consistently wagers large amounts of money. High rollers often receive lavish 'comps' from casinos to lure them onto the gambling floors, such as free private jet transfers, limousine use and use of the casinos' best suites.
A high roller, also referred to as a whale, is a gambler who consistently wagers large amounts of money. High rollers often receive lavish 'comps' from casinos to lure them onto the gambling floors, such as free private jet transfers, limousine use and use of the casinos' best suites. Casinos may also extend credit to a player to continue betting,[1] offer rebates on betting turnover or losses,[2] and salaries of employees may also contain incentive arrangements to bring in high rollers.[3]
A high roller, also referred to as a whale, is a gambler who consistently wagers large amounts of money. High rollers often receive lavish ' comps ' from casinos to lure them onto the gambling floors, such as free private jet transfers, limousine use and use of the casinos' best suites. Meet the High Roller. This latest model combines tradition and modernity. In it we wanted to bring you the reflection of a thousand year old tradition of pipe making. The imitation of a wooden surface gives the High Roller rich, polished look while keeping it indestructible. Find the one that speaks to you during this limited time offer.
The definition of a high roller varies. At Crown Casino in Australia, for example, it involves bringing between AUD$50,000 and $75,000 to the table.[4] High roller players often have very high table limits allowing the high roller exclusive use. Casinos compete on bet limits. In Australia limits of AUD$300,000 are common, in Las Vegas they are between US$150,000 and $300,000, and in Macau they are up to US$500,000. Only casinos with 'substantial financial firepower' can accommodate high-stakes gambling due to the volatility of results.[2]
High rollers may also be subject to exceptions from various rules and regulations; for example the high roller rooms at Crown Casino in Melbourne, Australia are the only licensed venue in the state not subject to a ban on smoking.[5]
High rollers are said to provide only a small fraction of casino business. John Eidsmoe, in his book Legalized Gambling: America's Bad Bet, claims that it is actually gamblers from the lower and lower-middle classes in the United States that provide much of the gambling money. 'The occasional wealthy 'high roller' does indeed exist, but he is the exception, not the standard. The fact that more than 50% of Nevada's gambling income comes from slot machines as opposed to the card tables should be an indication high rollers are not the main source of revenue.'[6]
One example of a high roller is an Australian man who turned over more than AUD$1.5 billion in a 14-month period from 2005, becoming 'one of Crown's largest Australian players but not in the same league as [its] top international players'.[3] There have been many cases around the world where high rollers have committed fraud to provide funds for gambling beyond their means, after becoming seduced by the lifestyle.[1][7][8] This was the case with famed gambler Terrance Watanabe who reputedly lost over $220M in Las Vegas over a 5-year period, and was ultimately sued by Caesars Entertainment for failing to pay up on markers he took out during the binge totaling $14.75M.[9]
While high rollers may not provide a significant portion of the revenues in the casino industry as a whole, they can have a major effect on the net income of casinos that cater to them. There are significant costs associated with attracting the highest-stakes gamblers, so if a casino takes this risk and the high roller wins, the casino's expenses can be extremely large. Likewise, if the casino's investment pays off and the high roller loses, the casino's gain can far exceed its expenses for the high roller's visit.
Related to high rollers are low rollers. These are people who do not wager large amounts of money, but are nonetheless knowledgeable about gambling and enthusiastically participate in casino programs such as comps and loyalty programs. 'Low roller' may also refer to average casino patrons who are not high rollers.
References[edit]
- ^ abRichard C. Paddock (February 15, 2009). 'Debt finally topples a Las Vegas high roller'. Los Angeles Times. articles.latimes.com.
- ^ abKate Hagan (June 4, 2009). 'Crown defends high-roller enticements'. The Age. theage.com.au.
- ^ abMichael Warner (June 5, 2009). 'Court told of concealed gambling by Crown Casino'. Herald Sun. www.news.com.au. Archived from the original on June 7, 2009.
- ^Muriel Reddy (October 5, 2003). 'Betting $330,000 on the turn of a card - National - www.theage.com.au'. The Age. www.theage.com.au.
- ^Michael Warner (May 16, 2009). 'Second high-roller deal for Crown casino'. Herald Sun. www.news.com.au. Retrieved November 1, 2012.
- ^Eidsmoe, John Legalized Gambling; America's Bad Bet, 1994
- ^Anson Cameron (June 7, 2009). 'High-stakes gamblers and the luck delusion'. The Age. theage.com.au.
- ^Chee Chee Leung (August 28, 2004). 'Casino glamor seduced lonely man into $1m fraud'. The Age. theage.com.au.
- ^Vegas Guy (May 15, 2015). 'Casino whale stories and profiles of biggest high rollers'. Vegas Guy. www.vegasguy.com. Retrieved April 22, 2016.
External links[edit]
- The dictionary definition of high roller at Wiktionary
Table Of Contents
The third day of the massive 2020 PokerStars European Poker Tour Online series saw another champion crowned and bag a huge prize. Two other star-studded events progressed to their respective final tables, and what final tables they are.
One of the biggest names in world poker leads the $10,300 High Roller event where more than $250,000 awaits the winner. Let's find out what went down on Day 3 of the EPT Online festival.
Follow all the latest from the EPT Online - LIVE!The PokerNews Bet message board. live reporting team is on top of all things EPT Online. Don't miss a beat!
Matthias 'iambest2' Eibinger Leads $10,300 High Roller Final Table
It appears Austria is the best country to live in if you want to sample success in High Roller tournaments. That's because the three players who top the chip counts at the final table of the $10,300 High Roller event all call Austria home.
Matthias 'iambest2' Eibinger is the man to catch when the final table gets underway on November 11. Eibinger is regarded as one of the best poker players of his generation and he's now on course to add a cool $251,174 prize to his already impressive poker resume.
Eibinger returns to the action armed with 6,704,751 chips, slightly less than 1.1 million more than Christian 'WATnlos' Rudolph in second-place. The chip leader got lucky when his ace-four cracked Alexandros 'Pwndidi' Theologis' kings but he never looked back after that.
There's a near two million chip gap between Rudolph and Austria-based grinder Daniel 'SmilleThHero' Smiljkovic who has Russian superstar 'hello_totti' hot on his heels.
partypoker Ambassador Mikita 'fish2013' Badziakouski has more than 2.5 million chips despite being in fifth-place at the restart. The aforementioned stars are joined by in-form Bert 'girafganger7' Stevens, Mike 'SirWatts' Watson, high roller crusher Timothy 'Tim0thee' Adams, and short-stack Conor '1_conor_b_1' Beresford.
Everyone is guaranteed at least $33,034 for their efforts so far with the top four finishers banking six-figure prizes. The champion takes home $215,174 and bragging rights over their peers.
You can read up on the Day 1 action via our Live Reporting pages and discover how David 'dpeters17' Peters burst the money bubble.
EPT Online 06: $10,300 NLHE [8-Max, High Roller], $1M Gtd Final Table Chip Counts
- The dictionary definition of high roller at Wiktionary
Table Of Contents
The third day of the massive 2020 PokerStars European Poker Tour Online series saw another champion crowned and bag a huge prize. Two other star-studded events progressed to their respective final tables, and what final tables they are.
One of the biggest names in world poker leads the $10,300 High Roller event where more than $250,000 awaits the winner. Let's find out what went down on Day 3 of the EPT Online festival.
Follow all the latest from the EPT Online - LIVE!The PokerNews Bet message board. live reporting team is on top of all things EPT Online. Don't miss a beat!
Matthias 'iambest2' Eibinger Leads $10,300 High Roller Final Table
It appears Austria is the best country to live in if you want to sample success in High Roller tournaments. That's because the three players who top the chip counts at the final table of the $10,300 High Roller event all call Austria home.
Matthias 'iambest2' Eibinger is the man to catch when the final table gets underway on November 11. Eibinger is regarded as one of the best poker players of his generation and he's now on course to add a cool $251,174 prize to his already impressive poker resume.
Eibinger returns to the action armed with 6,704,751 chips, slightly less than 1.1 million more than Christian 'WATnlos' Rudolph in second-place. The chip leader got lucky when his ace-four cracked Alexandros 'Pwndidi' Theologis' kings but he never looked back after that.
There's a near two million chip gap between Rudolph and Austria-based grinder Daniel 'SmilleThHero' Smiljkovic who has Russian superstar 'hello_totti' hot on his heels.
partypoker Ambassador Mikita 'fish2013' Badziakouski has more than 2.5 million chips despite being in fifth-place at the restart. The aforementioned stars are joined by in-form Bert 'girafganger7' Stevens, Mike 'SirWatts' Watson, high roller crusher Timothy 'Tim0thee' Adams, and short-stack Conor '1_conor_b_1' Beresford.
Everyone is guaranteed at least $33,034 for their efforts so far with the top four finishers banking six-figure prizes. The champion takes home $215,174 and bragging rights over their peers.
You can read up on the Day 1 action via our Live Reporting pages and discover how David 'dpeters17' Peters burst the money bubble.
EPT Online 06: $10,300 NLHE [8-Max, High Roller], $1M Gtd Final Table Chip Counts
| Place | Player | Country | Chips |
|---|---|---|---|
| 1 | Matthias 'iambest2' Eibinger | Austria | 6,704,751 |
| 2 | Christian 'WATnlos' Rudolph | Austria | 5,626,653 |
| 3 | Daniel 'SmilleThHero' Smiljkovic | Austria | 3,793,541 |
| 4 | hello_totti | Russia | 3,739,093 |
| 5 | Mikita 'fish2013' Badziakouski | Belarus | 2,540,686 |
| 6 | Bert 'girafganger7' Stevens | United Kingdom | 1,729,524 |
| 7 | Mike 'SirWatts' Watson | Canada | 1,321,374 |
| 8 | Timothy 'Tim0thee' Adams | Canada | 1,197,681 |
| 9 | Conor '1_conor_b_1' Beresford | United Kingdom | 596,697 |
Sweden's 'Kihlström' Leads Race For $356K in Arena Championship
Seventy-one players returned to the PokerStars felt for the penultimate day's action in the $1,050 Arena Championship and only nine of those hopefuls remain in contention for the $356,768 top prize.
Start-of-the-day chip leader Fabio Luiz 'FLBonatto' Bonatto ultimately had to make do with the $10,335 prize awarded to the 20th place finisher. We'll see Bonatto again soon, no doubt, as he's a former Sunday Million and Platinum Pass winner. It just wasn't meant to be in this particular event.
Sweden's 'Kihlström' claimed the overnight chip lead and has some serious distance between themselves and the chasing pack. Kihlström's stack contains 170,012,665 chips, almost double the amount Norway's 'DON JOHAN' has in their arsenal (87,244,397).
While that lead is huge, there are some big names still in contention for the title so the Swede won't have matter all their own way. Jeiko 'JEIK0' Palma is nicely poised in third-place while Russia's Andrey 'drupa-lucker' Chernokoz https://whfree.mystrikingly.com/blog/agua-caliente-casino-hours. is still in the hunt.
The final table shuffles up and deals at 19:05 GMT on November 11 under the watchful eyes of the PokerNews Live Reporting team.
EPT Online 01: $1,050 NLHE [8-Max, Arena Championship], $1.5M Gtd Final Table Chip Counts
| Place | Player | Country | Chips |
|---|---|---|---|
| 1 | Kihlström | Sweden | 170,012,665 |
| 2 | DON JOHAN | Norway | 87,244,397 |
| 3 | Jeiko 'JEIK0' Palma | Paraguay | 74,096,435 |
| 4 | MachadinhaRS | Brazil | 71,347,493 |
| 5 | ImTheNuts1 | Poland | 59,889,077 |
| 6 | Guilherme 'Guizãoo_' Carmo | Brazil | 44,202,079 |
| 7 | Andrey 'drupa-lucker' Chernokoz | Russia | 39,268,132 |
| 8 | Audrius 'Stakelis24' Stakelis | Lithuania | 38,905,165 |
| 9 | smoothieg | Canada | 21,534,557 |
Daniel 'SmilleThHero' Smiljkovic Wins $2,100 PKO For $113,490
Daniel 'SmilleThHero' Smiljkovic took down the $2,100 NLHE 8-Max PKO event and padded his bankroll with a combined prize worth $113,490. Smiljkovic managed to take down this star-studded event while navigating his way to the final table of the $10,300 High Roller; what an absolute boss!
Seventy-seven players started the one-day event with high hopes and sharing the common goal of at least reaching the money places. Sam Greenwood's quest to add another in-the-money finish ended prematurely when his queens lost to Joni 'bustoville' Joukimainen's king-seven. Greenwood popped the all-important money bubble while Jouhkimainen made it to the final table where he busted in seventh-place for a combined $17,445.
One of the biggest names at the final table, Estonia's Aleksejs 'APonakov' Ponakovs ran out of steam in fourth-place when his queen-ten lost to the ace-deuce of 'luelue339'.
Andrey 'drupa-lucker' Chernokoz fell in third for $41,329. He too reached another EPT Online final table; he's seventh in chips in the Arena Championship!
Heads-up pitted 'luelue399' against Smiljkovic with the latter trailing by two-to-one in chips. He managed to turn things around after becoming an overwhelming underdog and eventually scooped the title when his pocket fours held against ace-ten with the chips going in preflop.
EPT Online 07: $2,100 NLHE [8-Max, PKO], $500K GTD Final Table Chip Results
| Place | Player | Country | Prize | Bounties | Total Prize |
|---|---|---|---|---|---|
| 1 | Daniel 'SmilleThHero' Smiljkovic | Austria | $54,451 | $59,039 | $113,490 |
| 2 | luelue399 | Canada | $36,914 | $36,914 | $91,364 |
| 3 | Andrey 'drupa-lucker' Chernokoz | Russia | $35,329 | $6,000 | $41,329 |
| 4 | Aleksejs 'APonakov' Ponakovs | Estonia | $26,653 | $26,047 | $52,700 |
| 5 | lesha-balbo | Belarus | $20,108 | $3,844 | $23,952 |
| 6 | S.N.I.N.1 | Moldova | $15,170 | $2,250 | $17,420 |
| 7 | Joni 'bustoville' Jouhkimainen | Finland | $11,445 | $6,000 | $17,445 |
| 8 | Thomas 'MarToMchat' Boivin | Belgium | $8,634 | $7,500 | $16,134 |
| 9 | mmetsla | Estonia | $6,867 | $5,250 | $12,117 |
Events Scheduled on November 11
There are also plenty of satellites running for EPT Online events, so head to the PokerStars client to find out more.
| Date | Time (GMT) | Event |
|---|---|---|
| Wed 11 Nov | 18:05 | EPT Online 08: $2,100 NLHE [8-Max], $500K GTD |
| 18:05 | Mini EPT Online 06: $109 NLHE [8-Max, High Roller], $500K GTD | |
| 19:05 | EPT Online 09: $5,200 8-Game [High Roller], $250K GTD | |
| 19:05 | Mini EPT Online 07: $22 NLHE [8-Max, Turbo, PKO], $150K GTD |
Large Ferris Wheel In Las Vegas
EPT Online Winners
| Date | Event | Entries | Prize Pool | Winner | First Prize |
|---|---|---|---|---|---|
| November 9th | EPT Online 02: $10,300 PLO High Roller | 70 | $700,000 | Ka Kwan 'kaju5' Lau | $188,937 |
| November 8th | EPT Online 03: $5,200 High Roller | 131 | $655,000 | David 'MonkeyBausss' Laka | $143,567 |
| November 9th | EPT Online 04: $530 NLHE | 1,139 | $569,500 | Tatiana 'Mysters_Y' Barausova | $74,951 |
| November 9th | EPT Online 05: $1,050 Win the Button | 238 | $200,000 | Claas 'SsicK_OnE' Segebrecht | $45,765 |
| November 10 | EPT Online 07: $2,100 NLHE PKO | 334 | $668,000 | Daniel 'SmilleThHero' Smiljkovic | $113,490 |
Follow along with the dedicated PokerNews EPT Online Hub to stay on top of all things EPT Online.
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