Users making their first steps in gambling will discover that there is a group of people called high rollers. These casino enthusiasts are also gamblers, but unlike traditional players, they wager with a lot more money. Considering their popularity, it’s no surprise that there are all sorts of myths about them.
Some casino high rollers are indeed really special, and some of the information you can find online is true about them. Others, however, are not that different from an ordinary gambler. That is why this article will try to debunk some of the popular myths related to these types of players.
Myth – All High Rollers Are Millionaires
Since casino whales are people who wager with more money than the rest, a lot of regular players assume that all of them are millionaires. While it is true that some may have more money than others, the truth is that only a small fraction fall into this category.
Yes, the average high roller probably has more funds than a typical casino player. However, that does not mean that everyone is a millionaire. This is especially true if you analyze some of the online casinos.
People who wager more money in an online casino are usually players with stable jobs that allow them to earn a lot of money. Some of them are also small business owners and/or cryptocurrency enthusiasts.
Myth – All Casino High Rollers Receive Private Jet Flights, Limo Rides, and Other Goodies
One of the reasons why some people look up to casino high rollers is because of the perks that the latter can get once they start playing. It is true that some of the biggest high roller casinos offer many different advantages that regular players can’t access, but not all high rollers can take advantage of them.
The so-called VIP perks that brick-and-mortar casinos offer to their high rollers come in many different forms. It’s possible to find private limo riders, free hotel rooms, private chefs, and even free jet flights when needed. Since all of these things cost a lot of money, land-based casinos will only offer them to their biggest clients.
What we’re trying to say is that not all high rollers receive these perks. In fact, most of them do not fall into this category because they need to spend a fortune to be able to access them.
The situation in online casinos is more or less the same. Yes, there is a big difference between the VIP perks players can get there, but the best deals are only reserved for users who reach a given level. The latter requires them to collect points and spend a lot of money (often more than $500,000).
Myth – Most High Rollers Make a Living From Playing
The term “professional gambler” has become very popular in the last couple of years. There are people whose sole source of income is gambling and/or betting, but as you can imagine, only a handful of gamblers can do that. Playing has its risks no matter how experienced you are, so it’s no surprise that most people lose.
Some users may think that high rollers make a living from playing, but this isn’t always true. It is possible for some gamblers to earn money once they start playing. Others, however will lose a lot more than what they will get.
Even those who are lucky and win a few times can’t really make enough money to make a living from playing. As a result, almost all casino cheetahs simply play because they like it.
Myth – High Rollers Only Use Online Casinos Because They Are Cheating
Although the gambling industry is much more advanced and sophisticated than it was before, many people don’t trust iGaming sites. Some believe that all online casinos are rigged, and the only reason high rollers use them is because they’re cheating. While it’s probably possible to encounter cheaters, the truth is that online casinos use the latest security features and do not tolerate cheating in any form.
Slots and other games of chance use a sophisticated RNG algorithm that is almost impossible to manipulate. Other popular titles, such as poker, require skill in order to be successful. Modern online casinos allow people to play many live casino poker tables where they can compete against other gamblers and even participate in tournaments.
Myth – High Rollers Are Always In Control of Their Spending And Never Need Help
As much as we wanted this to be true, it is definitely not the case. One of the several big drawbacks of gambling is the fact that some people develop addictions. Even if a given user is not addicted, it might be difficult for the gamblers to keep track of their spending. This is the big reason why online casinos provide several types of responsible gambling features.
Regular players assume that high rollers never use those things, but this is not the case. Many have used or are using all of the different features of casinos. The deposit limit, for example, is among the most common alternatives that high rollers rely on when they want to limit their spending. Some players even decide to exclude themselves from using a given casino.
The situation in land-based casinos is more or less the same, but staying in control there is actually harder. Brick-and-mortar operators do not have as many features for responsible gambling as their online counterparts. Moreover, most high rollers are treated like celebrities, which means that it is really hard to resist the urge to gamble.
Closing Thoughts
There is no arguing that casino high rollers and regular gamblers have a lot of differences. Yet, this does not mean that the first group of players does not have similar issues. It is true that high rollers often have unique benefits that others can’t get, but even if they have budgets, they need help and will be banned if they start cheating. In other words, regular gamblers and casino whales have more in common than many people think.
