Is it possible to get credit from online casinos as high roller

Many high-stakes gamblers expect and get large lines of credit from the casinos they visit. The casinos extend loans to these “whales” in order to provide them with the ready cash they need to play (and lose) at their tables. What about online casinos? Can a gaming floor that only extends as far as a player’s computer screen extend large lines of credit to their high rollers?

Many high-stakes gamblers expect and get large lines of credit from the casinos they visit. The casinos extend loans to these “whales” in order to provide them with the ready cash they need to play (and lose) at their tables. What about online casinos? Can a gaming floor that only extends as far as a player’s computer screen extend large lines of credit to their high rollers?

Since most players at online casinos make deposits to their bankrolls through credit card transactions, they often use their own existing credit or cash from their bank accounts as their primary bankroll source. Also, in order to prevent online gaming addiction, many sites have limits on how much a player can deposit into their account during a given time span. These players get their lines of credit from other sources.

However, most online casinos offer numerous other bonuses to high-stakes players. The main source of extra money the casinos provide for these gamblers is the “deposit bonus”. For players who make a sizable deposit into their online casino bankroll, either when creating their accounts or replenishing their funds, the casino will match a portion of the deposit amount immediately.

Other incentives for “whales” to sign up include “match play” bonuses. These programs will give the high roller free deposits into their account after they play a certain number of hands at a card table, pulls on a slot machine, or spins of a roulette wheel. The longer they play and the higher they bet, the faster the free money moves from their “bonus” account to their real-money account.

High rollers also earn frequent player points based on the level of their bets and the length of their play. While online casinos may not be able to offer luxury suites and fine dining, they can offer the player a chance to redeem his points for apparel, luggage, electronics and other items. The points system allows the online casino to show its appreciation to their most valued customers.

These special players will also often receive invitations to special tables, events and tournaments. Online casinos frequently offer games that have higher betting limits for their “whales” than are available to the typical player. Also, high rollers can qualify for special blackjack, slot machine and poker tournaments that offer huge jackpots without the need for an entry fee.

Big spenders at the virtual table also earn more privileges at major online casinos. In a land-based casino, a casino host takes care of the whale’s needs, wants and desires. With an online casino, high rollers can expect the highest level of service. Many high-stakes online players can access round-the-clock technical support by email or telephone. Also, they can contact their VIP hostess for questions on comps, games or other information.

In rare cases, with established players who have a history with the site, an online casino will extend a line of credit to a high roller. However, due to the nature of the online site as opposed to the live casino setting, players should not expect a sizable credit offering. High rollers in the virtual world still often have to come up with “real” money to play.

Thursday 01 April 2010 | Casino News