The high-roller bonus is a casino bonus designed for players who deposit and wager large amounts of money. Standard deposit online casino bonuses may not be satisfying, especially for this group of gamblers. Though it's claimed that the middle and lower segment of gamblers who bring business to online casinos, high-rollers affect the income of casinos, they patronize as well.
There are many online casinos where gamblers can enjoy this bonus and win big. Below is a list of top casinos offering the best high-roller bonus, how to convert the bonus into real money, and the wagering requirements.
The high-roller bonus is a special bonus developed for gamblers that put a lot at stake. It’s basically a deposit bonus, but it’s ba sed on much higher amounts than usual and with a lower percentage of match bonus. The terms and conditions for a high-roller bonus are often more generous than a casual deposit bonus since the online casino know it’s no t going to be a target for bonus hunters.
Despite their vast size, high roller bonuses are also subject to casino terms as tight as those stated for other bonuses, if not tighter. Casinos know that high rollers are likely to make outrageous bets which could bring the house to its knees if they were won.
As such, online casinos try to protect themselves from these daring gamblers by placing conditions on high roller bonuses. These could be in the form of restriction of the number of games such bonuses may be used in and setting protective wagering requirements which players are unlikely to chase easily.
High rollers bet big even with their own money and place seemingly outrageous bets. There is, therefore, no imagining what they could do with free money; many of them use these free bets as a chance to make a once in a lifetime bet, a sort of all-or-nothing wager.
They may also use these bonuses to play games which fall outside their usual realm of fixtures. Usually, these are high-risk, high returns bets that the casino hopes against hope do not go the punter's way. Luckily, the outrageous bets almost always end up in player losses, and casinos get to keep their money.
Sometimes, however, high rollers decide to use the money they get in the form of bonuses to play for real money. Usually, these are people who have gotten burnt placing considerable bets in the casino and are making a desperate attempt to recoup their lost money.
Such players can be dangerous to the casino, and the houses know this all too well. While they are risk bettors, they are also calculating individuals, and scary even when their winning chances are low. They go for games such as slots where they are likely to land substantial jackpot wins.
The wagering requirement remains the saving grace for the casino when high rollers play with their bonuses. Houses know that even if high rollers win, they are likely to abandon the win, because of the wagering requirement. Even if they were to pursue it, the casino gains from the money used.
A high roller who uses a $10000 bonus to win a million dollars is likely to be playing with a 20x or more wagering requirement. They would thus be required to spend $200000 to trigger their winnings. This will take a while, by which time the casino is likely to have made money from other bets.