Gambling Slang For High Roller
#CasinoHighRollers #GamblingAddiction In this video, I am going to detail for you what it's like being a high roller at the casino, what VIP status is like.
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Casino Whales. They’re Big All Right.
Have you ever heard of a strange creature called a Casino Whale? This isn’t something you’re likely to see surfacing off the coast of Vancouver or the Cape of Good Hope. These boys and girls are to be found in the gambling palaces of Las Vegas, Macau and Monaco and they are BIG. Big Spenders that is, and the casinos love ’em.
High rollers, who have budgets ranging from $100k to $1m, and especially the biggest casino whales, whose budgets can run into the tens of millions, are the real customers that casinos do just about everything to bring in the door. With that kind of money being thrown around, there are certainly some amazing high roller gambling stories; here. 1) I like hanging out with the high rollers in Vegas. 2) The $500 blackjack table in Monte Carlo is for high rollers only. Etymology: Many gambling games involve rolling dice, and 'high roller' refers to winning numbers and large sums of money. When talking about high stakes gambling, it’s important to make a distinction between the term “whale” and “high roller” since in the eyes of the casino they are two very different things.
Let’s take a look into their mysterious world, shall we?
Casino Whales is an industry term for big spending high rollers in the world of gambling. These players can regularly bet hundreds of thousands or even millions of dollars in a single session.
If you follow movie trends, you might think that roulette and poker players make up most of the numbers (something to do with the James Bond film perhaps?) And yes, there are many roulette whales, but the game of choice for your typical Casino Whale is baccarat, particularly in Macau. One of the world’s most famous whales, the late Kerry Packer, probably had a lot to do with this statistic.
In April 2017, a group of Casino Whales won $10million at the Wynn Palace Macau. Ouch!
Casino Whales have been known to bet as much as $5 million in one night – you can see why casinos bend over backwards to try and entice them through the doors. They are a double-edged sword though- some businesses over the years have had to issue profit warnings too their shareholders after a lucky run from one of their high roller punters.
In July 2017, for example, Casino tycoon Steve Wynnreported during a conference call with stock analysts, that a group of Baccarat Whales won $10 million in his Wynn Palace in Macau in April 2017. The win even shocked the casino billionaire. One of his leading casinos lost money for the entire month.
How to Fish For Casino Whales
So how do you attract a whale to your casino? They can be slippery, elusive mammals.
Well, lots of free stuff helps like free luxury limos, cash back on gambling losses, and a free credit card to shop with – that’s always good for persuading the other half to come along for the ride.
You might want to to organise a private concert with one of the Whales favourite bands, and you’ll need somewhere flash for them to stay such as the penthouse suites in the Cosmopolitan. If you bet big enough, you’ll be staying for free (a so called “comp”) or you at least get a fat discount.
The Nobu Penthouse at Caesars. Not too shabby.
If you want whales, you’ll also need a special place for them to play as they only like hanging out in smaller pods (with other whales mostly). So make sure you have some swish VIP tables, and string some purple rope across the entrance with a few big bouncers on the door.
Whales Like to Eat
Joël Robuchon in the MGM Grand should sort the Whales out from the Minnows. It has 3 Michelin stars and a meal here will set you back around $500. Unless you go crazy on the wine list, in wish you are looking at a considerably higher price tab.
Joël Robuchon
These whales don’t care much for plankton, but they do like their grub, so if you want them in your casino, you’ll need some fancy restaurants, preferably with some Michelin Stars. A meal will probably set you back about $500 by the way, but if you’re a Whale, you might get a freebie.
Other things to pull out of your hat include amazing views of the Strip, an exclusive check-in service, and guaranteed privacy during their stay,
Oh, it’s a Whale’s Life alright!
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Opening comment[edit]
Most casinos make a distinction between a high roller and a whale. A high roller is typically said to be a gambler willing to risk $50,000 during a weekend, while a whale is a gambler willing to risk $500,000 (http://www.vegas.com/traveltips/guide/highroller.html). I don't recommend a separate entry, but should the distinction be made on the high roller page?
Also, the entry could be expanded by talking about common perks and comps given to high rollers.
Stuthewise (talk) 00:31, 7 December 2007 (UTC)
- I'm not against your edit, but the link you provided starts out by saying 'There's a reason why high rollers are called 'whales,' '. This seems to indicate the two terms are interchangable. Do you have something else to support the change? CPitt76 (talk) 22:45, 12 January 2008 (UTC)
AUD[edit]
Why is the obsure Australian dollar used in this article in place of euro of USD? —Preceding unsigned comment added by 97.102.33.14 (talk) 00:55, 23 November 2009 (UTC)
- Well, an Australian casino was mentioned first, so it would kind of make sense, but when it moves to talk about casinos in other locations it really doesn't make sense at all. I recommend it be changed to something else as well. 65.78.144.140 (talk) 14:06, 10 February 2010 (UTC)
- There are other forms of currency in the world besides the Euro and the US Dollar. Besides, 1.4 billion of ANYTHING is a lot! — Preceding unsigned comment added by 162.39.105.210 (talk) 13:41, 16 August 2012 (UTC)
Gambling Slang For High Roller Coaster
Etymology missing[edit]
The origin and original meaning of the term 'high roller' are not explained. --93.220.56.210 (talk) 14:22, 25 September 2012 (UTC)
High Roller Links[edit]
These links are not spam, the pages have information on the defination of a high roller. 174.22.13.179 (talk) 06:58, 11 November 2013 (UTC)
174.22.13.179 (talk) 06:58, 11 November 2013 (UTC)
Gambling Slang For High Roller Skates
- I'd suggest that they be converted to references for the specific points if they can provide information --Natet/c 13:01, 2 February 2015 (UTC)
- I've removed them again as they don't seem to be a huge help as generic 'other stuff' links - please link them to details they provide information on Natet/c 17:25, 11 February 2015 (UTC)
Gambling Slang For High Rollers
- Other pages have external links that also qualify as 'generic 'other stuff' sites.70.58.55.110 (talk) 09:14, 4 March 2015 (UTC)