Aug
20th
High Roller
By Den
Also known as the whale in the
casino industry. A high rollers are gamblers who wager a very large
sum of money. High rollers varies from one casino to another, in
Australia a table limit of $300000 is common, In Las
Vegas it ranges from $150000 to
$300000 USD and in Macau
table limit is up to $500000 USD. Only casinos
with substantial financial fire power can accomodate such kind of
players.
High rollers receive lavish perks such as private jet transfer, limousine at their disposal, used of the best hotel suite casino can offer. They are treated like royalties, pampered like babies, their whims and caprices are met to the point of some people might say unnecessary. Not only that they are also offered commissions & rebates on their winning and losses.
With regards to casino's revenue, High rollers are said to provide a small action on casino's revenues by John Eidsmoe in his book "Legalized Gambling: Americas bad bet".
And who really are the real "Bread and Butter" of casino industry?
The answer might surprise you.
The big amount of casino revenues comes from slot machines, and who plays slot machines?
The lower to lower middle class people, they are the one whose giving casinos a steady and guaranteed income monthly.
And take note: There have been many cases around the world where high rolers have committed fraud to provide funds for gambling beyond their means.
High rollers does exist and casinos cannot barred them from playing to their casinos, that's why even online casinos are offering good bonuses for this kind of players. But due to its volatility not all casinos can accomodate high rollers.
High rollers receive lavish perks such as private jet transfer, limousine at their disposal, used of the best hotel suite casino can offer. They are treated like royalties, pampered like babies, their whims and caprices are met to the point of some people might say unnecessary. Not only that they are also offered commissions & rebates on their winning and losses.
With regards to casino's revenue, High rollers are said to provide a small action on casino's revenues by John Eidsmoe in his book "Legalized Gambling: Americas bad bet".
And who really are the real "Bread and Butter" of casino industry?
The answer might surprise you.
The big amount of casino revenues comes from slot machines, and who plays slot machines?
The lower to lower middle class people, they are the one whose giving casinos a steady and guaranteed income monthly.
And take note: There have been many cases around the world where high rolers have committed fraud to provide funds for gambling beyond their means.
High rollers does exist and casinos cannot barred them from playing to their casinos, that's why even online casinos are offering good bonuses for this kind of players. But due to its volatility not all casinos can accomodate high rollers.
Aug
9th
Biggest Casino Winners
By Den
Who do you think are some of the biggest casino winners? The answer
might surprise you. It's not the professional poker players, not
the high rollers at VIP rooms, and also not the $100 per spin slot
players. They are just like you and me, the ordinary people who are
just keeping their seat warm, taking their chances on slots while
waiting for somebody , or the person who is trying to play the
slots for fun for the very first time.
The biggest casino winners on record are all winners of Megabucks jackpot - a network with jackpot starts from $7 million and it is linked to over 150 casinos across Nevada.
One lucky man, at the age of 92 Elmer Sherwin won his second jackpot a whoopng $21 million sixteen years after his first 4.6 million on the same jackpot game, the Megabucks jackpot, he gets more than what he wish for, now he is giving away part of it to the victims of Hurricane Katrina.
Another big winner is Ms, Nishimura of Hawaii. who was visiting Las Vegas on vacation hit the $8.9 million on Megabucks jackpot at Freemont Casino after spending $100 at the slots.
The largest jackpot ever won was $39.7 million last March 2003 at Excalibur Casino, the lucky winner was a 25 year old man from los Angeles, who was visiting Vegas for a NCAA basketball tournament and played the slots for a while, and walk away with a $1.5 million a year for the next 25 years.
While we all can dream, the luckiest people on earth are the ordinary people just like you and me, with lady luck on your side. As the saying goes "Lightning strikes twice at the same place", just like the luck of Mr. Sherwin.
The biggest casino winners on record are all winners of Megabucks jackpot - a network with jackpot starts from $7 million and it is linked to over 150 casinos across Nevada.
One lucky man, at the age of 92 Elmer Sherwin won his second jackpot a whoopng $21 million sixteen years after his first 4.6 million on the same jackpot game, the Megabucks jackpot, he gets more than what he wish for, now he is giving away part of it to the victims of Hurricane Katrina.
Another big winner is Ms, Nishimura of Hawaii. who was visiting Las Vegas on vacation hit the $8.9 million on Megabucks jackpot at Freemont Casino after spending $100 at the slots.
The largest jackpot ever won was $39.7 million last March 2003 at Excalibur Casino, the lucky winner was a 25 year old man from los Angeles, who was visiting Vegas for a NCAA basketball tournament and played the slots for a while, and walk away with a $1.5 million a year for the next 25 years.
While we all can dream, the luckiest people on earth are the ordinary people just like you and me, with lady luck on your side. As the saying goes "Lightning strikes twice at the same place", just like the luck of Mr. Sherwin.
Viewing 1 - 2 of 2

